According to the Nigerian Tribune on Thursday, July 2, 2026, US-based Nigerian entrepreneur and real estate developer Femi Rogers said many people in the United States face significant financial pressure despite being employed because of the country’s high cost of living.
Speaking on the Frankly Business Podcast, Rogers said housing remains one of the biggest expenses for residents, noting that renting even a modest home typically costs between $1,500 and $1,800 per month.
“Things are tough in the US, seriously tough in the US. A bad house in the US is about $1,500 to $1,800, not a very good house. Per month,”