Cost of living in Lagos, Nigeria

Summary of cost of living in Lagos

  • Family of four estimated monthly costs: $4,776 (1,982,693 ₦)
  • Single person estimated monthly costs: $3,757 (1,559,488 ₦)
  • 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.

List of prices in Lagos
Current as of Jan 2022.

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Exchange rate: 0.00241 USD / NGN
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Food Update prices
NGN USD
Basic lunchtime menu (including a drink) in the business district 1,539 ₦ ($3.71)
Combo meal in fast food restaurant (big mac meal or similar) 2,701 ₦ ($7)
500 gr (1 lb.) of boneless chicken breast 1,069 ₦ ($2.57)
1 liter (1 qt.) of whole fat milk 1,305 ₦ ($3.14)
12 eggs, large 992 ₦ ($2.39)
1 kg (2 lb.) of tomatoes 971 ₦ ($2.34)
500 gr (16 oz.) of local cheese 1,908 ₦ ($4.60)
1 kg (2 lb.) of apples 1,201 ₦ ($2.89)
1 kg (2 lb.) of potatoes 956 ₦ ($2.30)
0.5 l (16 oz) domestic beer in the supermarket 375 ₦ ($0.90)
1 bottle of red table wine, good quality 2,343 ₦ ($5.64)
2 liters of coca-cola 358 ₦ ($0.86)
Bread for 2 people for 1 day 529 ₦ ($1.28)
Expatistan is a collaborative effort. The data gets better with every new price that you enter.
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Housing Update prices
NGN USD
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area 2,027,670 ₦ ($4,885)
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area 749,310 ₦ ($1,805)
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat 26,396 ₦ ($64)
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area 556,282 ₦ ($1,340)
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area 316,660 ₦ ($763)
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio 24,691 ₦ ($59)
Internet 8 mbps (1 month) 22,914 ₦ ($55)
40” flat screen tv 96,874 ₦ ($233)
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) 50,606 ₦ ($122)
Laundry detergent (3 l. ~ 100 oz.) 1,618 ₦ ($3.90)
Hourly rate for cleaning help 1,166 ₦ ($2.81)
Clothes Update prices
NGN USD
1 pair of jeans (levis 501 or similar) 6,862 ₦ ($17)
1 summer dress in a high street store (zara, h&m or similar retailers) 11,387 ₦ ($27)
1 pair of sport shoes (nike, adidas, or equivalent brands) 25,427 ₦ ($61)
1 pair of men’s leather business shoes 26,627 ₦ ($64)
Transportation Update prices
NGN USD
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new 7,502,580 ₦ ($18,073)
1 liter (1/4 gallon) of gas 166 ₦ ($0.40)
Monthly ticket public transport 12,050 ₦ ($29)
Taxi trip on a business day, basic tariff, 8 km. (5 miles) 6,534 ₦ ($16)
Expatistan is a collaborative effort. The data gets better with every new price that you enter.
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Personal Care Update prices
NGN USD
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) 2,462 ₦ ($5.93)
1 box of antibiotics (12 doses) 3,335 ₦ ($8)
Short visit to private doctor (15 minutes) 12,672 ₦ ($31)
1 box of 32 tampons (tampax, ob, ...) 1,429 ₦ ($3.44)
Deodorant, roll-on (50ml ~ 1.5 oz.) 901 ₦ ($2.17)
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) 1,722 ₦ ($4.15)
4 rolls of toilet paper 417 ₦ ($1.00)
Tube of toothpaste 480 ₦ ($1.16)
Standard men's haircut in expat area of the city 2,331 ₦ ($5.62)
Entertainment Update prices
NGN USD
Basic dinner out for two in neighborhood pub 5,703 ₦ ($14)
2 tickets to the movies 5,826 ₦ ($14)
2 tickets to the theater (best available seats) 17,727 ₦ ($43)
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert 16,127 ₦ ($39)
1 cocktail drink in downtown club 2,234 ₦ ($5.38)
Cappuccino in expat area of the city 1,224 ₦ ($2.95)
1 beer in neighbourhood pub (500ml or 1pt.) 523 ₦ ($1.26)
Ipad wi-fi 128gb 63,924 ₦ ($154)
1 min. of prepaid mobile tariff (no discounts or plans) 25 ₦ ($0.06)
1 month of gym membership in business district 16,418 ₦ ($40)
1 package of marlboro cigarettes 480 ₦ ($1.16)
Some of these prices have some inconsistencies. They already provide a reliable comparison but they are not bullet-proof. They are based on 225 prices entered by 34 different people.
Latest price update: January 26, 2022

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