Cost of Living Comparison Between Lagos and London 
| Indices Difference |  |
|---|---|
| Consumer Prices in London are 69.2% higher than in Lagos (without rent) | |
| Consumer Prices Including Rent in London are 62.0% higher than in Lagos | |
| Rent Prices in London are 50.7% higher than in Lagos | |
| Restaurant Prices in London are 119.2% higher than in Lagos | |
| Groceries Prices in London are 49.8% higher than in Lagos | |
| Local Purchasing Power in London is 748.6% higher than in Lagos | |
Restaurants | Lagos Edit |
London Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
3.26 $ (4.47 C$) |
18.25 $ (25.00 C$) |
+459.0 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
48.09 $ (65.88 C$) |
69.35 $ (95.00 C$) |
+44.2 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
6.85 $ (9.39 C$) |
10.22 $ (14.00 C$) |
+49.1 % |
| Domestic Beer (1 pint draught) |
1.08 $ (1.47 C$) |
5.11 $ (7.00 C$) |
+375.2 % |
| Imported Beer (12 oz small bottle) |
1.77 $ (2.43 C$) |
5.11 $ (7.00 C$) |
+188.2 % |
| Cappuccino (regular) |
3.27 $ (4.48 C$) |
3.33 $ (4.57 C$) |
+2.0 % |
| Coke/Pepsi (12 oz small bottle) |
0.38 $ (0.52 C$) |
2.07 $ (2.83 C$) |
+444.9 % |
| Water (12 oz small bottle) |
0.23 $ (0.32 C$) |
1.79 $ (2.45 C$) |
+664.7 % |
Markets | Lagos Edit |
London Edit | |
| Milk (regular), (1 gallon) |
12.22 $ (16.74 C$) |
6.40 $ (8.77 C$) |
-47.6 % |
| Loaf of Fresh White Bread (1 lb) |
1.37 $ (1.87 C$) |
2.14 $ (2.93 C$) |
+56.5 % |
| Rice (white), (1 lb) |
1.07 $ (1.47 C$) |
1.03 $ (1.41 C$) |
-3.9 % |
| Eggs (regular) (12) |
2.08 $ (2.85 C$) |
3.26 $ (4.46 C$) |
+56.8 % |
| Local Cheese (1 lb) |
2.16 $ (2.96 C$) |
6.55 $ (8.98 C$) |
+203.8 % |
| Chicken Fillets (1 lb) |
2.40 $ (3.29 C$) |
5.29 $ (7.24 C$) |
+120.1 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
2.90 $ (3.97 C$) |
3.80 $ (5.20 C$) |
+30.9 % |
| Apples (1 lb) |
1.58 $ (2.16 C$) |
1.92 $ (2.63 C$) |
+21.9 % |
| Banana (1 lb) |
1.15 $ (1.58 C$) |
0.57 $ (0.78 C$) |
-50.5 % |
| Oranges (1 lb) |
1.01 $ (1.38 C$) |
1.51 $ (2.07 C$) |
+50.3 % |
| Tomato (1 lb) |
1.34 $ (1.84 C$) |
1.66 $ (2.27 C$) |
+23.1 % |
| Potato (1 lb) |
1.51 $ (2.07 C$) |
0.75 $ (1.03 C$) |
-50.3 % |
| Onion (1 lb) |
0.83 $ (1.13 C$) |
0.82 $ (1.12 C$) |
-1.2 % |
| Lettuce (1 head) |
1.85 $ (2.54 C$) |
2.28 $ (3.12 C$) |
+22.9 % |
| Water (1.5 liter bottle) |
0.44 $ (0.60 C$) |
1.86 $ (2.55 C$) |
+323.0 % |
| Bottle of Wine (Mid-Range) |
6.75 $ (9.25 C$) |
13.14 $ (18.00 C$) |
+94.7 % |
| Domestic Beer (0.5 liter bottle) |
1.01 $ (1.38 C$) |
2.14 $ (2.93 C$) |
+111.7 % |
| Imported Beer (12 oz small bottle) |
1.39 $ (1.90 C$) |
2.59 $ (3.54 C$) |
+86.4 % |
| Cigarettes 20 Pack (Marlboro) |
1.53 $ (2.09 C$) |
10.22 $ (14.00 C$) |
+570.1 % |
Transportation | Lagos Edit |
London Edit | |
| One-way Ticket (Local Transport) |
0.87 $ (1.19 C$) |
2.19 $ (3.00 C$) |
+152.3 % |
| Monthly Pass (Regular Price) |
34.29 $ (46.97 C$) |
75.55 $ (103.50 C$) |
+120.3 % |
| Taxi Start (Normal Tariff) |
1.36 $ (1.86 C$) |
5.84 $ (8.00 C$) |
+330.2 % |
| Taxi 1 mile (Normal Tariff) |
3.49 $ (4.78 C$) |
2.35 $ (3.22 C$) |
-32.7 % |
| Taxi 1hour Waiting (Normal Tariff) |
4.82 $ (6.60 C$) |
25.55 $ (35.00 C$) |
+430.4 % |
| Gasoline (1 gallon) |
2.40 $ (3.28 C$) |
4.23 $ (5.80 C$) |
+76.7 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
20,125.79 $ (27,570.72 C$) |
24,802.91 $ (33,978.00 C$) |
+23.2 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
25,696.93 $ (35,202.74 C$) |
20,250.82 $ (27,742.01 C$) |
-21.2 % |
Utilities (Monthly) | Lagos Edit |
London Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
33.92 $ (46.47 C$) |
154.30 $ (211.38 C$) |
+354.9 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
9.18 $ (12.57 C$) |
37.41 $ (51.25 C$) |
+307.7 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
42.86 $ (58.72 C$) |
57.85 $ (79.25 C$) |
+35.0 % |
Sports And Leisure | Lagos Edit |
London Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
42.57 $ (58.32 C$) |
48.65 $ (66.64 C$) |
+14.3 % |
| Tennis Court Rent (1 Hour on Weekend) |
11.43 $ (15.66 C$) |
14.60 $ (20.00 C$) |
+27.7 % |
| Cinema, International Release, 1 Seat |
7.19 $ (9.86 C$) |
10.95 $ (15.00 C$) |
+52.2 % |
Childcare | Lagos Edit |
London Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
93.04 $ (127.46 C$) |
510.98 $ (700.00 C$) |
+449.2 % |
| International Primary School, Yearly for 1 Child |
1,471.24 $ (2,015.48 C$) |
10,219.57 $ (14,000.00 C$) |
+594.6 % |
Clothing And Shoes | Lagos Edit |
London Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
18.95 $ (25.96 C$) |
65.80 $ (90.14 C$) |
+247.3 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
25.02 $ (34.27 C$) |
49.27 $ (67.50 C$) |
+96.9 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
70.56 $ (96.66 C$) |
97.63 $ (133.75 C$) |
+38.4 % |
| 1 Pair of Men Leather Business Shoes |
54.80 $ (75.07 C$) |
102.20 $ (140.00 C$) |
+86.5 % |
Rent Per Month | Lagos Edit |
London Edit | |
| Apartment (1 bedroom) in City Centre |
924.32 $ (1,266.24 C$) |
1,688.67 $ (2,313.34 C$) |
+82.7 % |
| Apartment (1 bedroom) Outside of Centre |
518.05 $ (709.68 C$) |
1,401.36 $ (1,919.75 C$) |
+170.5 % |
| Apartment (3 bedrooms) in City Centre |
2,190.95 $ (3,001.43 C$) |
2,549.57 $ (3,492.71 C$) |
+16.4 % |
| Apartment (3 bedrooms) Outside of Centre |
1,364.96 $ (1,869.88 C$) |
1,894.76 $ (2,595.67 C$) |
+38.8 % |
Buy Apartment Price | Lagos Edit |
London Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
122.85 $ (168.29 C$) |
310.26 $ (425.03 C$) |
+152.6 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
23.44 $ (32.11 C$) |
262.94 $ (360.20 C$) |
+1,021.6 % |
Salaries And Financing | Lagos Edit |
London Edit | |
| Average Monthly Net Salary (After Tax) |
204.55 $ (280.22 C$) |
2,811.86 $ (3,852.02 C$) |
+1,274.6 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 20.00 | 7.00 | -65.0 % |
| Last update: | April 2024 | April 2024 | |
| Contributors in the past 12 months: | 102 | 85 |
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