Cost of Healthy Diet July 2024

Highlights

The Cost of a Healthy Diet (CoHD) is the least expensive combination of locally available items that meets globally consistent food-based dietary guidelines. It is used as a measure of physical and economic access to healthy diets. This is a lower bound (or floor) of the cost per adult per day excluding the cost of transportation and meal preparation.
The National average Cost of a Healthy Diet was N1,265 in July 2024. This is 1.9% higher than the amount recorded in the previous month (June 2024, was N1,241).
In July 2024, the average CoHD was highest in the South West at N1,581 per adult per day, compared to N956 per adult per day in North West.
In recent months, the CoHD has risen faster than general inflation and food inflation. However, the CoHD and the food CPI are not directly comparable; the CoHD includes fewer items and is measured in Naira per day, while the food CPI is a weighted index.

Data source: National Bureau of Statistics

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