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
Characteristic
Food basket as a share of net minimum monthly wages
*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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Picodi. (January 16, 2024). Cost of a basic food basket* as a share of net minimum monthly wages worldwide in 2024 [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1445755/minimum-wages-cost-food-worldwide/
Picodi. "Cost of a basic food basket* as a share of net minimum monthly wages worldwide in 2024." Chart. January 16, 2024. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1445755/minimum-wages-cost-food-worldwide/
Picodi. (2024). Cost of a basic food basket* as a share of net minimum monthly wages worldwide in 2024. Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1445755/minimum-wages-cost-food-worldwide/
Picodi. "Cost of a Basic Food Basket* as a Share of Net Minimum Monthly Wages Worldwide in 2024." Statista, Statista Inc., 16 Jan 2024, https://www.statista.com/statistics/1445755/minimum-wages-cost-food-worldwide/
Picodi, Cost of a basic food basket* as a share of net minimum monthly wages worldwide in 2024 Statista, https://www.statista.com/statistics/1445755/minimum-wages-cost-food-worldwide/ (last visited December 30, 2024)
Cost of a basic food basket* as a share of net minimum monthly wages worldwide in 2024 [Graph], Picodi, January 16, 2024. [Online]. Available: https://www.statista.com/statistics/1445755/minimum-wages-cost-food-worldwide/