Cost of living in Lagos (Nigeria) is 8% more expensive than in Ibarra (Ecuador)

This comparison is lacking data. It provides a decent comparison, but it is not yet reliable. It is based on 560 prices entered by 65 different people.
For example, you would need at least $1,508 (543,003 ₦) in Lagos to maintain the same standard of living that you can have with $1,400 in Ibarra.

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