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Cost of Living in Lagos

Nigeria

Summary

Cost of living in Lagos, Nigeria is $2,637 and it seems expensive according to the average monthly salary which is $214. For more living costs insights, check the list of prices for Restaurants, Markets, Transportation, Utilities, and 40 more categories.

$2,637
Cost of Living
$214
Average Salary
$2,392
Average House Rent

Rent Per Month

Name
Price
Apartment (1 bedroom) in City Centre
$1,839.9
Apartment (1 bedroom) Outside of Centre
$817.05
Apartment (3 bedrooms) in City Centre
$2,181.34
Apartment (3 bedrooms) Outside of Centre
$2,181.34

Salaries And Financing

Name
Price
Average Monthly Net Salary (After Tax)
$213.57
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
%16.66

Utilities (Monthly)

Name
Price
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$20.32
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)
$0.05
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$34.42

Markets

Name
Price
Milk (regular), (1 liter)
$2.47
Loaf of Fresh White Bread (500g)
$0.91
Eggs (regular) (12)
$1.34
Local Cheese (1kg)
$3.56
Water (1.5 liter bottle)
$0.47
Bottle of Wine (Mid-Range)
$4.27
Domestic Beer (0.5 liter bottle)
$0.64
Imported Beer (0.33 liter bottle)
$1.11
Cigarettes 20 Pack (Marlboro)
$0.87
Apples (1kg)
$2.32
Chicken Breasts (Boneless, Skinless), (1kg)
$3.48
Oranges (1kg)
$1.94
Potato (1kg)
$1.97
Lettuce (1 head)
$0.81
Rice (white), (1kg)
$1.9
Tomato (1kg)
$2.08
Banana (1kg)
$1.67
Onion (1kg)
$1.14
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$3.49

Transportation

Name
Price
One-way Ticket (Local Transport)
$0.8
Monthly Pass (Regular Price)
$28.36
Gasoline (1 liter)
$0.34
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$2,181.34
Taxi Start (Normal Tariff)
$1.26
Taxi 1km (Normal Tariff)
$0.85
Taxi 1hour Waiting (Normal Tariff)
$3.51
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car)
$2,181.34

Clothing And Shoes

Name
Price
1 Pair of Jeans (Levis 501 Or Similar)
$12.89
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$22.55
1 Pair of Nike Running Shoes (Mid-Range)
$40.87
1 Pair of Men Leather Business Shoes
$52.35

Restaurants

Name
Price
Meal, Inexpensive Restaurant
$2.12
Meal for 2 People, Mid-range Restaurant, Three-course
$26.12
McMeal at McDonalds (or Equivalent Combo Meal)
$4.57
Domestic Beer (0.5 liter draught)
$0.86
Imported Beer (0.33 liter bottle)
$1.27
Coke/Pepsi (0.33 liter bottle)
$0.29
Water (0.33 liter bottle)
$0.21
Cappuccino (regular)
$2.26

Sports And Leisure

Name
Price
Fitness Club, Monthly Fee for 1 Adult
$41.23
Tennis Court Rent (1 Hour on Weekend)
$8
Cinema, International Release, 1 Seat
$4.85

Childcare

Name
Price
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$87.37
International Primary School, Yearly for 1 Child
$1,429.99

Buy Apartment Price

Name
Price
Price per Square Meter to Buy Apartment in City Centre
$822.81
Price per Square Meter to Buy Apartment Outside of Centre
$302.27

Questions

How much does it cost to live in Lagos per month?

The total cost of living is around $2,637 in Lagos. The average rent in Lagos for a one-bedroom apartment in the city centre is approximately $2,392 per month, and utilities cost around $20 a month. Other costs will be around $265 including markets, transportation, restaurants, and sports and leisure for one-person.

Is Lagos expensive to live?

Lagos seems false expensive to live in according to the average monthly salary which is $214. You probably need to make more than $214 to live comfortable in Lagos.

What is the average salary in Lagos?

A person working in Lagos typically earns around $214 per month (After tax) and it's not qualification specific. $214 is not a good salary according to average cost of living which is $2,637.

What is the average rent in Lagos?

The average one-bedroom apartment in Lagos city centre stands at around $2,392 per month. If you're okay with an apartment outside of the city centre that will be cost around $1,062.