Cost of living in Lagos, Nigeria

Summary of cost of living in Lagos

  • Family of four estimated monthly costs: $2,321 (838,973 ₦)
  • Single person estimated monthly costs: $1,199 (433,589 ₦)
  • WARNING!  These estimates are based on data that may have some inconsistencies at the moment. They already provide a decent estimate but they are not currently bullet-proof.
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List of prices in Lagos, Nigeria. Current as of Jan 2020.

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Exchange rate: 0.00277 USD / NGN
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Food [Edit]
NGN USD
Basic lunchtime menu (including a drink) in the business district 2,204 ₦ ($6)
Combo meal in fast food restaurant (big mac meal or similar) 1,804 ₦ ($4.99)
500 gr (1 lb.) of boneless chicken breast 954 ₦ ($2.64)
1 liter (1 qt.) of whole fat milk 827 ₦ ($2.29)
12 eggs, large 639 ₦ ($1.77)
1 kg (2 lb.) of tomatoes 665 ₦ ($1.84)
500 gr (16 oz.) of local cheese 2,590 ₦ ($7)
1 kg (2 lb.) of apples 954 ₦ ($2.64)
1 kg (2 lb.) of potatoes 713 ₦ ($1.97)
0.5 l (16 oz) domestic beer in the supermarket 265 ₦ ($0.73)
1 bottle of red table wine, good quality 2,543 ₦ ($7)
2 liters of coca-cola 350 ₦ ($0.97)
Bread for 2 people for 1 day 324 ₦ ($0.90)
Housing [Edit]
NGN USD
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area 388,801 ₦ ($1,076)
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area 211,041 ₦ ($584)
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat 34,354 ₦ ($95)
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area 179,920 ₦ ($498)
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area 105,947 ₦ ($293)
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio 18,462 ₦ ($51)
Internet 8 mbps (1 month) 9,513 ₦ ($26)
40” flat screen tv 104,554 ₦ ($289)
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) 36,505 ₦ ($101)
Laundry detergent (3 l. ~ 100 oz.) 1,633 ₦ ($4.52)
Hourly rate for cleaning help 1,294 ₦ ($3.58)
Clothes [Edit]
NGN USD
1 pair of jeans (levis 501 or similar) 7,138 ₦ ($20)
1 summer dress in a high street store (zara, h&m or similar retailers) 10,571 ₦ ($29)
1 pair of sport shoes (nike, adidas, or equivalent brands) 21,190 ₦ ($59)
1 pair of men’s leather business shoes 25,764 ₦ ($71)
Transportation [Edit]
NGN USD
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new 2,774,410 ₦ ($7,675)
1 liter (1/4 gallon) of gas 145 ₦ ($0.40)
Monthly ticket public transport 19,791 ₦ ($55)
Taxi trip on a business day, basic tariff, 8 km. (5 miles) 3,954 ₦ ($11)
Personal Care [Edit]
NGN USD
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) 2,232 ₦ ($6)
1 box of antibiotics (12 doses) 2,622 ₦ ($7)
Short visit to private doctor (15 minutes) 10,385 ₦ ($29)
1 box of 32 tampons (tampax, ob, ...) 1,403 ₦ ($3.88)
Deodorant, roll-on (50ml ~ 1.5 oz.) 1,228 ₦ ($3.40)
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) 1,097 ₦ ($3.03)
4 rolls of toilet paper 343 ₦ ($0.95)
Tube of toothpaste 482 ₦ ($1.33)
Standard men's haircut in expat area of the city 3,288 ₦ ($9)
Entertainment [Edit]
NGN USD
Basic dinner out for two in neighborhood pub 6,469 ₦ ($18)
2 tickets to the movies 4,651 ₦ ($13)
2 tickets to the theater (best available seats) 22,102 ₦ ($61)
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert 15,773 ₦ ($44)
1 cocktail drink in downtown club 2,285 ₦ ($6)
Cappuccino in expat area of the city 1,857 ₦ ($5.14)
1 beer in neighbourhood pub (500ml or 1pt.) 692 ₦ ($1.91)
Ipad wi-fi 128gb 227,050 ₦ ($628)
1 min. of prepaid mobile tariff (no discounts or plans) 26 ₦ ($0.07)
1 month of gym membership in business district 18,256 ₦ ($51)
1 package of marlboro cigarettes 497 ₦ ($1.37)
Some of these prices have some inconsistencies. They already provide a reliable comparison but they are not bullet-proof. They are based on 488 prices entered by 54 different people.
Latest price update: January 20, 2020

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