Cost of living in Lagos, Nigeria

Summary of cost of living in Lagos

  • Family of four estimated monthly costs: $2,928 (1,116,946 ₦)
  • Single person estimated monthly costs: $1,803 (687,796 ₦)
  • WARNING!  These estimates are based on only a few data points. At the moment, you should treat them only as a best guess.
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List of prices in Lagos, Nigeria. Current as of Jan 2021.

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Exchange rate: 0.00262 USD / NGN
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Food [Edit]
NGN USD
Basic lunchtime menu (including a drink) in the business district 2,589 ₦ ($7)
Combo meal in fast food restaurant (big mac meal or similar) 2,490 ₦ ($7)
500 gr (1 lb.) of boneless chicken breast 1,110 ₦ ($2.91)
1 liter (1 qt.) of whole fat milk 683 ₦ ($1.79)
12 eggs, large 697 ₦ ($1.83)
1 kg (2 lb.) of tomatoes 500 ₦ ($1.31)
500 gr (16 oz.) of local cheese 3,597 ₦ ($9)
1 kg (2 lb.) of apples 857 ₦ ($2.25)
1 kg (2 lb.) of potatoes 631 ₦ ($1.65)
0.5 l (16 oz) domestic beer in the supermarket 339 ₦ ($0.89)
1 bottle of red table wine, good quality 2,700 ₦ ($7)
2 liters of coca-cola 303 ₦ ($0.79)
Bread for 2 people for 1 day 347 ₦ ($0.91)
Housing [Edit]
NGN USD
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area 707,913 ₦ ($1,856)
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area 378,648 ₦ ($993)
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat 24,297 ₦ ($64)
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area 150,984 ₦ ($396)
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area 159,422 ₦ ($418)
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio 20,247 ₦ ($53)
Internet 8 mbps (1 month) 8,995 ₦ ($24)
40” flat screen tv 63,763 ₦ ($167)
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) 47,907 ₦ ($126)
Laundry detergent (3 l. ~ 100 oz.) 3,677 ₦ ($10)
Hourly rate for cleaning help 1,166 ₦ ($3.06)
Clothes [Edit]
NGN USD
1 pair of jeans (levis 501 or similar) 13,578 ₦ ($36)
1 summer dress in a high street store (zara, h&m or similar retailers) 20,153 ₦ ($53)
1 pair of sport shoes (nike, adidas, or equivalent brands) 20,189 ₦ ($53)
1 pair of men’s leather business shoes 42,268 ₦ ($111)
Transportation [Edit]
NGN USD
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new 5,662,240 ₦ ($14,842)
1 liter (1/4 gallon) of gas 146 ₦ ($0.38)
Monthly ticket public transport 16,685 ₦ ($44)
Taxi trip on a business day, basic tariff, 8 km. (5 miles) 4,316 ₦ ($11)
Personal Care [Edit]
NGN USD
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) 1,636 ₦ ($4.29)
1 box of antibiotics (12 doses) 2,090 ₦ ($5.48)
Short visit to private doctor (15 minutes) 8,383 ₦ ($22)
1 box of 32 tampons (tampax, ob, ...) 1,418 ₦ ($3.72)
Deodorant, roll-on (50ml ~ 1.5 oz.) 905 ₦ ($2.37)
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) 1,444 ₦ ($3.79)
4 rolls of toilet paper 297 ₦ ($0.78)
Tube of toothpaste 411 ₦ ($1.08)
Standard men's haircut in expat area of the city 2,761 ₦ ($7)
Entertainment [Edit]
NGN USD
Basic dinner out for two in neighborhood pub 5,369 ₦ ($14)
2 tickets to the movies 4,214 ₦ ($11)
2 tickets to the theater (best available seats) 15,520 ₦ ($41)
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert 29,848 ₦ ($78)
1 cocktail drink in downtown club 2,231 ₦ ($5.85)
Cappuccino in expat area of the city 1,549 ₦ ($4.06)
1 beer in neighbourhood pub (500ml or 1pt.) 344 ₦ ($0.90)
Ipad wi-fi 128gb 161,084 ₦ ($422)
1 min. of prepaid mobile tariff (no discounts or plans) 22 ₦ ($0.06)
1 month of gym membership in business district 17,370 ₦ ($46)
1 package of marlboro cigarettes 424 ₦ ($1.11)
WARNING!  These prices are based on only a few data points. At this point they are mostly a guess. They are based on 417 prices entered by 35 different people.
Latest price update: January 25, 2021

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