Cost of living in Lagos, Nigeria

Summary of cost of living in Lagos

  • Family of four estimated monthly costs: $912 (1,317,276 ₦)
  • Single person estimated monthly costs: $482 (695,347 ₦)
  • WARNING!  These estimates are based on only a few data points. At the moment, you should treat them only as a best guess.

List of prices in Lagos
Current as of May 2024.

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Exchange rate: 0.00069 USD / NGN
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Food Update prices
NGN USD
Basic lunchtime menu (including a drink) in the business district 3,011 ₦ ($2.09)
Combo meal in fast food restaurant (big mac meal or similar) 3,221 ₦ ($2.23)
500 gr (1 lb.) of boneless chicken breast 1,656 ₦ ($1.15)
1 liter (1 qt.) of whole fat milk 1,413 ₦ ($0.98)
12 eggs, large 1,287 ₦ ($0.89)
1 kg (2 lb.) of tomatoes 914 ₦ ($0.63)
500 gr (16 oz.) of local cheese 7,016 ₦ ($4.86)
1 kg (2 lb.) of apples 1,653 ₦ ($1.14)
1 kg (2 lb.) of potatoes 1,067 ₦ ($0.74)
0.5 l (16 oz) domestic beer in the supermarket 957 ₦ ($0.66)
1 bottle of red table wine, good quality 7,943 ₦ ($5.50)
2 liters of coca-cola 638 ₦ ($0.44)
Bread for 2 people for 1 day 727 ₦ ($0.50)
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Housing Update prices
NGN USD
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area 529,377 ₦ ($367)
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area 432,626 ₦ ($300)
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat 41,532 ₦ ($29)
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area 339,589 ₦ ($235)
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area 280,804 ₦ ($194)
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio 24,763 ₦ ($17)
Internet 8 mbps (1 month) 26,073 ₦ ($18)
40” flat screen tv 172,583 ₦ ($120)
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) 50,618 ₦ ($35)
Laundry detergent (3 l. ~ 100 oz.) 5,527 ₦ ($3.83)
Hourly rate for cleaning help 1,654 ₦ ($1.15)
Clothes Update prices
NGN USD
1 pair of jeans (levis 501 or similar) 14,903 ₦ ($10)
1 summer dress in a high street store (zara, h&m or similar retailers) 15,560 ₦ ($11)
1 pair of sport shoes (nike, adidas, or equivalent brands) 45,516 ₦ ($32)
1 pair of men’s leather business shoes 45,639 ₦ ($32)
Transportation Update prices
NGN USD
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new 6,890,390 ₦ ($4,772)
1 liter (1/4 gallon) of gas 398 ₦ ($0.28)
Monthly ticket public transport 19,828 ₦ ($14)
Taxi trip on a business day, basic tariff, 8 km. (5 miles) 7,623 ₦ ($5.28)
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) 1,886 ₦ ($1.31)
1 box of antibiotics (12 doses) 3,362 ₦ ($2.33)
Short visit to private doctor (15 minutes) 16,058 ₦ ($11)
1 box of 32 tampons (tampax, ob, ...) 1,469 ₦ ($1.02)
Deodorant, roll-on (50ml ~ 1.5 oz.) 964 ₦ ($0.67)
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) 1,722 ₦ ($1.19)
4 rolls of toilet paper 689 ₦ ($0.48)
Tube of toothpaste 746 ₦ ($0.52)
Standard men's haircut in expat area of the city 5,429 ₦ ($3.76)
Entertainment Update prices
NGN USD
Basic dinner out for two in neighborhood pub 6,256 ₦ ($4.33)
2 tickets to the movies 7,065 ₦ ($4.89)
2 tickets to the theater (best available seats) 17,032 ₦ ($12)
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert 22,385 ₦ ($16)
1 cocktail drink in downtown club 2,867 ₦ ($1.99)
Cappuccino in expat area of the city 1,752 ₦ ($1.21)
1 beer in neighbourhood pub (500ml or 1pt.) 910 ₦ ($0.63)
Ipad wi-fi 128gb 174,586 ₦ ($121)
1 min. of prepaid mobile tariff (no discounts or plans) 37 ₦ ($0.03)
1 month of gym membership in business district 21,151 ₦ ($15)
1 package of marlboro cigarettes 723 ₦ ($0.50)
WARNING!  These prices are based on only a few data points. At this point they are mostly a guess. They are based on 85 prices entered by 12 different people.
Latest price update: May 25, 2024

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International Cost of Living Index

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