Cost of Living Comparison Between Lagos and Accra 

Indices DifferenceInfo
Cost of Living in Accra is 10.7% lower than in Lagos (without rent)
Cost of Living Including Rent in Accra is 30.7% lower than in Lagos
Rent Prices in Accra are 62.6% lower than in Lagos
Restaurant Prices in Accra are 8.0% higher than in Lagos
Groceries Prices in Accra are 16.7% lower than in Lagos
Local Purchasing Power in Accra is 31.3% higher than in Lagos
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Lagos Edit Accra Edit Difference
Meal, Inexpensive Restaurant 3.21 $ 3.99 $      +24.4 %
Meal for 2 People, Mid-range Restaurant, Three-course 45.49 $ 49.77 $      +9.4 %
McMeal at McDonalds (or Equivalent Combo Meal) 6.85 $ 6.82 $      -0.5 %
Domestic Beer (1 pint draught) 0.97 $ 1.16 $      +19.4 %
Imported Beer (12 oz small bottle) 1.72 $ 2.10 $      +22.2 %
Cappuccino (regular) 2.94 $ 2.46 $      -16.2 %
Coke/Pepsi (12 oz small bottle) 0.39 $ 0.69 $      +76.9 %
Water (12 oz small bottle) 0.24 $ 0.27 $      +11.3 %
Markets
Lagos Edit Accra Edit
Milk (regular), (1 gallon) 12.27 $ 10.51 $      -14.4 %
Loaf of Fresh White Bread (1 lb) 1.33 $ 1.45 $      +9.2 %
Rice (white), (1 lb) 1.03 $ 1.02 $      -1.7 %
Eggs (regular) (12) 2.09 $ 2.38 $      +14.3 %
Local Cheese (1 lb) 2.64 $ 3.43 $      +30.1 %
Chicken Fillets (1 lb) 2.50 $ 2.06 $      -17.4 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 3.11 $ 2.32 $      -25.3 %
Apples (1 lb) 1.67 $ 1.16 $      -30.3 %
Banana (1 lb) 1.11 $ 0.59 $      -47.0 %
Oranges (1 lb) 1.04 $ 0.74 $      -29.1 %
Tomato (1 lb) 1.47 $ 1.16 $      -21.5 %
Potato (1 lb) 1.66 $ 1.13 $      -32.1 %
Onion (1 lb) 0.87 $ 0.92 $      +4.8 %
Lettuce (1 head) 1.74 $ 0.73 $      -58.0 %
Water (1.5 liter bottle) 0.46 $ 0.52 $      +15.2 %
Bottle of Wine (Mid-Range) 6.80 $ 4.83 $      -29.0 %
Domestic Beer (0.5 liter bottle) 1.04 $ 1.18 $      +13.6 %
Imported Beer (12 oz small bottle) 1.35 $ 1.55 $      +15.2 %
Cigarettes 20 Pack (Marlboro) 1.30 $ 1.60 $      +23.6 %
Transportation
Lagos Edit Accra Edit
One-way Ticket (Local Transport) 0.88 $ 1.05 $      +19.3 %
Monthly Pass (Regular Price) 36.13 $ 35.97 $      -0.5 %
Taxi Start (Normal Tariff) 1.36 $ 1.95 $      +43.4 %
Taxi 1 mile (Normal Tariff) 3.55 $ 2.14 $      -39.7 %
Taxi 1hour Waiting (Normal Tariff) 4.81 $ 6.45 $      +34.1 %
Gasoline (1 gallon) 2.57 $ 4.34 $      +68.9 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 20,125.79 $ 8,310.68 $      -58.7 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 25,684.54 $ 11,022.37 $      -57.1 %
Utilities (Monthly)
Lagos Edit Accra Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 34.49 $ 49.39 $      +43.2 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 10.18 $ 11.18 $      +9.9 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 44.60 $ 46.77 $      +4.9 %
Sports And Leisure
Lagos Edit Accra Edit
Fitness Club, Monthly Fee for 1 Adult 41.00 $ 37.41 $      -8.8 %
Tennis Court Rent (1 Hour on Weekend) 12.56 $ 15.15 $      +20.7 %
Cinema, International Release, 1 Seat 6.76 $ 8.71 $      +28.8 %
Childcare
Lagos Edit Accra Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 103.66 $ 59.56 $      -42.5 %
International Primary School, Yearly for 1 Child 1,920.11 $ 5,489.48 $      +185.9 %
Clothing And Shoes
Lagos Edit Accra Edit
1 Pair of Jeans (Levis 501 Or Similar) 19.59 $ 15.28 $      -22.0 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 28.03 $ 18.46 $      -34.2 %
1 Pair of Nike Running Shoes (Mid-Range) 76.93 $ 31.27 $      -59.4 %
1 Pair of Men Leather Business Shoes 59.56 $ 31.99 $      -46.3 %
Rent Per Month
Lagos Edit Accra Edit
Apartment (1 bedroom) in City Centre 921.22 $ 428.99 $      -53.4 %
Apartment (1 bedroom) Outside of Centre 521.38 $ 98.83 $      -81.0 %
Apartment (3 bedrooms) in City Centre 2,173.44 $ 991.40 $      -54.4 %
Apartment (3 bedrooms) Outside of Centre 1,319.91 $ 324.52 $      -75.4 %
Buy Apartment Price
Lagos Edit Accra Edit
Price per Square Feet to Buy Apartment in City Centre 122.85 $ 87.15 $      -29.1 %
Price per Square Feet to Buy Apartment Outside of Centre 23.44 $ 2,425.13 $      +10,244.9 %
Salaries And Financing
Lagos Edit Accra Edit
Average Monthly Net Salary (After Tax) 215.97 $ 196.65 $      -8.9 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 22.67 24.25      +7.0 %
Last update: May 2024May 2024
Contributors in the past 12 months:9960