Cost of living in Lagos (Nigeria) is 47% more expensive than in Arequipa (Peru)
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This comparison is lacking data. It provides a decent comparison, but it is not yet reliable. It is based on 405 prices entered by 40 different people.
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| Food | + 27% | |||
|---|---|---|---|---|
| Food in Lagos (Nigeria) is 27% more expensive than in Arequipa (Peru) | ||||
| Update prices | Update prices | |||
| Lagos | Arequipa | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | 2,292 ₦ [BM] | 2,852 ₦ [BM] | - 20% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 4,192 ₦ [BM] | 2,294 ₦ [BM] | + 83% | |
| 500 gr (1 lb.) of boneless chicken breast | 2,003 ₦ [BM] | 1,031 ₦ [BM] | + 94% | |
| 1 liter (1 qt.) of whole fat milk | 1,386 ₦ [BM] | 751 ₦ [BM] | + 85% | |
| 12 eggs, large | 1,146 ₦ [BM] | 825 ₦ [BM] | + 39% | |
| 1 kg (2 lb.) of tomatoes | 1,004 ₦ [BM] | 520 ₦ [BM] | + 93% | |
| 500 gr (16 oz.) of local cheese | 2,070 ₦ [BM] | 1,440 ₦ [BM] | + 44% | |
| 1 kg (2 lb.) of apples | 1,348 ₦ [BM] | 697 ₦ [BM] | + 94% | |
| 1 kg (2 lb.) of potatoes | 980 ₦ [BM] | 352 ₦ [BM] | + 178% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 488 ₦ [BM] | 1,147 ₦ [BM] | - 57% | |
| 1 bottle of red table wine, good quality | 3,488 ₦ [BM] | 4,463 ₦ [BM] | - 22% | |
| 2 liters of coca-cola | 630 ₦ [BM] | 1,197 ₦ [BM] | - 47% | |
| Bread for 2 people for 1 day | 559 ₦ [BM] | 308 ₦ [BM] | + 81% | |
| Housing | + 201% | |||
| Housing in Lagos (Nigeria) is 201% more expensive than in Arequipa (Peru) | ||||
| Update prices | Update prices | |||
| Lagos | Arequipa | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 1,516,880 ₦ [BM] | 301,450 ₦ [BM] | + 403% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 625,537 ₦ [BM] | 132,217 ₦ [BM] | + 373% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 72,196 ₦ [BM] | 18,356 ₦ [BM] | + 293% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 480,730 ₦ [BM] | 192,214 ₦ [BM] | + 150% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 299,870 ₦ [BM] | 115,095 ₦ [BM] | + 161% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 60,517 ₦ [BM] | 12,470 ₦ [BM] | + 385% | |
| Internet 8 mbps (1 month) | 19,853 ₦ [BM] | 10,135 ₦ [BM] | + 96% | |
| 40” flat screen tv | 101,757 ₦ [BM] | 188,849 ₦ [BM] | - 46% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 33,660 ₦ [BM] | 61,907 ₦ [BM] | - 46% | |
| Laundry detergent (3 l. ~ 100 oz.) | 2,775 ₦ [BM] | 4,276 ₦ [BM] | - 35% | |
| Hourly rate for cleaning help | 1,655 ₦ [BM] | 2,599 ₦ [BM] | - 36% | |
| Clothes | - 4% | |||
| Clothes in Lagos (Nigeria) is 4% cheaper than in Arequipa (Peru) | ||||
| Update prices | Update prices | |||
| Lagos | Arequipa | Diff | ||
| 1 pair of jeans (levis 501 or similar) | 8,559 ₦ [BM] | 23,008 ₦ [BM] | - 63% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 15,649 ₦ [BM] | 13,229 ₦ [BM] | + 18% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 35,101 ₦ [BM] | 32,479 ₦ [BM] | + 8% | |
| 1 pair of men’s leather business shoes | 35,002 ₦ [BM] | 37,131 ₦ [BM] | - 6% | |
| Transportation | - 9% | |||
| Transportation in Lagos (Nigeria) is 9% cheaper than in Arequipa (Peru) | ||||
| Update prices | Update prices | |||
| Lagos | Arequipa | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 7,979,040 ₦ [BM] | 5,926,546 ₦ [BM] | + 35% | |
| 1 liter (1/4 gallon) of gas | 174 ₦ [BM] | 649 ₦ [BM] | - 73% | |
| Monthly ticket public transport | 10,020 ₦ [BM] | 10,454 ₦ [BM] | - 4% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | 6,379 ₦ [BM] | 3,985 ₦ [BM] | + 60% | |
| Personal Care | - 21% | |||
| Personal Care in Lagos (Nigeria) is 21% cheaper than in Arequipa (Peru) | ||||
| Update prices | Update prices | |||
| Lagos | Arequipa | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 365 ₦ [BM] | 1,103 ₦ [BM] | - 67% | |
| 1 box of antibiotics (12 doses) | 1,872 ₦ [BM] | 3,913 ₦ [BM] | - 52% | |
| Short visit to private doctor (15 minutes) | 15,647 ₦ [BM] | 9,582 ₦ [BM] | + 63% | |
| 1 box of 32 tampons (tampax, ob, ...) | 2,347 ₦ [BM] | 3,536 ₦ [BM] | - 34% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 1,253 ₦ [BM] | 1,685 ₦ [BM] | - 26% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 1,773 ₦ [BM] | 2,280 ₦ [BM] | - 22% | |
| 4 rolls of toilet paper | 665 ₦ [BM] | 666 ₦ [BM] | - 0% | |
| Tube of toothpaste | 548 ₦ [BM] | 835 ₦ [BM] | - 34% | |
| Standard men's haircut in expat area of the city | 2,153 ₦ [BM] | 3,070 ₦ [BM] | - 30% | |
| Entertainment | + 7% | |||
| Entertainment in Lagos (Nigeria) is 7% more expensive than in Arequipa (Peru) | ||||
| Update prices | Update prices | |||
| Lagos | Arequipa | Diff | ||
| Basic dinner out for two in neighborhood pub | 8,632 ₦ [BM] | 6,152 ₦ [BM] | + 40% | |
| 2 tickets to the movies | 6,047 ₦ [BM] | 4,030 ₦ [BM] | + 50% | |
| 2 tickets to the theater (best available seats) | 8,332 ₦ [BM] | 14,591 ₦ [BM] | - 43% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 19,865 ₦ [BM] | 12,522 ₦ [BM] | + 59% | |
| 1 cocktail drink in downtown club | 4,405 ₦ [BM] | 4,157 ₦ [BM] | + 6% | |
| Cappuccino in expat area of the city | 1,372 ₦ [BM] | 2,140 ₦ [BM] | - 36% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 507 ₦ [BM] | 1,026 ₦ [BM] | - 51% | |
| Ipad wi-fi 128gb | 380,322 ₦ [BM] | 294,834 ₦ [BM] | + 29% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 24 ₦ [BM] | 91 ₦ [BM] | - 74% | |
| 1 month of gym membership in business district | 34,641 ₦ [BM] | 17,908 ₦ [BM] | + 93% | |
| 1 package of marlboro cigarettes | 524 ₦ [BM] | 1,808 ₦ [BM] | - 71% | |
 |
TOTAL | + 47% | ||
This comparison is lacking data. It provides a decent comparison, but it is not yet reliable. It is based on 405 prices entered by 40 different people.
These prices were last updated on March 29, 2023.
Exchange rate:
0.00668
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For example, you would need at least S/. 8,800 (1,075,402 ₦) in Lagos to maintain the same standard of living that you can have with S/. 6,000 in Arequipa.
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