Cost of food as a share of minimum wages worldwide 2024

Published by
Einar H. Dyvik,
Feb 13, 2024
While the cost of a basic food basket as a share of net minimum wages in Ireland and the United Kingdom is quite modest, such a basket costs more than the minimum wage in Nigeria.

Cost of a basic food basket* as a share of net minimum monthly wages worldwide in 2024

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Release date

January 2024

Region

Worldwide

Survey time period

January 2024

Number of respondents

67 countries

Supplementary notes

*The basic food basket consists of 10 liters of milk, 10 loaves of bread, 1.5 kg of rice, 20 eggs, 1 kg of cheese, 6 kg meat, 6 kg fruits, and 8 kg vegetables.

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