Cost of Living Comparison Between Accra and Lagos 

Indices DifferenceInfo
Consumer Prices in Lagos are 10.8% higher than in Accra (without rent)
Consumer Prices Including Rent in Lagos are 39.1% higher than in Accra
Rent Prices in Lagos are 130.0% higher than in Accra
Restaurant Prices in Lagos are 6.8% lower than in Accra
Groceries Prices in Lagos are 17.9% higher than in Accra
Local Purchasing Power in Lagos is 26.4% lower than in Accra
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Accra Edit Lagos Edit Difference
Meal, Inexpensive Restaurant 4.08 $ 3.15 $      -22.8 %
Meal for 2 People, Mid-range Restaurant, Three-course 49.84 $ 46.86 $      -6.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 6.67 $ 6.72 $      +0.6 %
Domestic Beer (1 pint draught) 1.24 $ 1.02 $      -18.0 %
Imported Beer (12 oz small bottle) 2.21 $ 1.72 $      -22.3 %
Cappuccino (regular) 2.49 $ 2.99 $      +20.1 %
Coke/Pepsi (12 oz small bottle) 0.65 $ 0.38 $      -42.0 %
Water (12 oz small bottle) 0.27 $ 0.23 $      -12.9 %
Markets
Accra Edit Lagos Edit
Milk (regular), (1 gallon) 10.22 $ 12.22 $      +19.6 %
Loaf of Fresh White Bread (1 lb) 1.44 $ 1.32 $      -8.4 %
Rice (white), (1 lb) 0.98 $ 1.07 $      +9.3 %
Eggs (regular) (12) 2.41 $ 2.00 $      -17.3 %
Local Cheese (1 lb) 3.24 $ 2.16 $      -33.3 %
Chicken Fillets (1 lb) 2.09 $ 2.41 $      +14.9 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 2.24 $ 3.02 $      +34.7 %
Apples (1 lb) 1.15 $ 1.60 $      +39.4 %
Banana (1 lb) 0.59 $ 1.15 $      +96.7 %
Oranges (1 lb) 0.73 $ 1.01 $      +37.2 %
Tomato (1 lb) 1.15 $ 1.40 $      +21.9 %
Potato (1 lb) 1.11 $ 1.51 $      +36.4 %
Onion (1 lb) 0.95 $ 0.83 $      -12.9 %
Lettuce (1 head) 0.74 $ 1.89 $      +155.9 %
Water (1.5 liter bottle) 0.53 $ 0.44 $      -17.8 %
Bottle of Wine (Mid-Range) 4.83 $ 6.75 $      +39.8 %
Domestic Beer (0.5 liter bottle) 1.15 $ 1.01 $      -12.4 %
Imported Beer (12 oz small bottle) 1.52 $ 1.39 $      -9.0 %
Cigarettes 20 Pack (Marlboro) 1.60 $ 1.53 $      -4.7 %
Transportation
Accra Edit Lagos Edit
One-way Ticket (Local Transport) 0.88 $ 0.87 $      -1.3 %
Monthly Pass (Regular Price) 35.97 $ 34.29 $      -4.7 %
Taxi Start (Normal Tariff) 1.95 $ 1.45 $      -25.7 %
Taxi 1 mile (Normal Tariff) 2.14 $ 3.49 $      +63.2 %
Taxi 1hour Waiting (Normal Tariff) 5.62 $ 4.82 $      -14.3 %
Gasoline (1 gallon) 4.34 $ 2.46 $      -43.3 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 8,310.68 $ 20,125.79 $      +142.2 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 11,022.37 $ 25,696.93 $      +133.1 %
Utilities (Monthly)
Accra Edit Lagos Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 59.36 $ 34.74 $      -41.5 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 11.03 $ 9.18 $      -16.8 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 45.95 $ 42.01 $      -8.6 %
Sports And Leisure
Accra Edit Lagos Edit
Fitness Club, Monthly Fee for 1 Adult 35.44 $ 41.05 $      +15.8 %
Tennis Court Rent (1 Hour on Weekend) 11.03 $ 11.43 $      +3.6 %
Cinema, International Release, 1 Seat 8.70 $ 7.19 $      -17.3 %
Childcare
Accra Edit Lagos Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 59.09 $ 90.12 $      +52.5 %
International Primary School, Yearly for 1 Child 5,489.48 $ 1,864.50 $      -66.0 %
Clothing And Shoes
Accra Edit Lagos Edit
1 Pair of Jeans (Levis 501 Or Similar) 15.66 $ 18.95 $      +21.0 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 18.59 $ 25.12 $      +35.1 %
1 Pair of Nike Running Shoes (Mid-Range) 32.46 $ 71.34 $      +119.8 %
1 Pair of Men Leather Business Shoes 33.24 $ 54.48 $      +63.9 %
Rent Per Month
Accra Edit Lagos Edit
Apartment (1 bedroom) in City Centre 428.99 $ 924.32 $      +115.5 %
Apartment (1 bedroom) Outside of Centre 95.80 $ 518.05 $      +440.8 %
Apartment (3 bedrooms) in City Centre 1,264.02 $ 2,190.95 $      +73.3 %
Apartment (3 bedrooms) Outside of Centre 384.22 $ 1,364.96 $      +255.3 %
Buy Apartment Price
Accra Edit Lagos Edit
Price per Square Feet to Buy Apartment in City Centre 87.15 $ 122.85 $      +41.0 %
Price per Square Feet to Buy Apartment Outside of Centre 2,425.13 $ 23.44 $      -99.0 %
Salaries And Financing
Accra Edit Lagos Edit
Average Monthly Net Salary (After Tax) 209.00 $ 213.89 $      +2.3 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 24.25 20.00      -17.5 %
Last update: April 2024April 2024
Contributors in the past 12 months:57102