Cost of Living Comparison Between Lagos and London 

Indices DifferenceInfo
Consumer Prices in London are 87.60% higher than in Lagos (without rent)
Consumer Prices Including Rent in London are 25.14% higher than in Lagos
Rent Prices in London are 26.79% lower than in Lagos
Restaurant Prices in London are 143.67% higher than in Lagos
Groceries Prices in London are 66.23% higher than in Lagos
Local Purchasing Power in London is 997.81% higher than in Lagos
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Lagos Edit London Edit Difference
Meal, Inexpensive Restaurant 1,487.13 ₦
(4.61 C$)
6,292.01 ₦
(19.50 C$)
     +323.10 %
Meal for 2 People, Mid-range Restaurant, Three-course 15,000.00 ₦
(46.49 C$)
27,265.39 ₦
(84.50 C$)
     +81.77 %
McMeal at McDonalds (or Equivalent Combo Meal) 2,500.00 ₦
(7.75 C$)
3,872.01 ₦
(12.00 C$)
     +54.88 %
Domestic Beer (1 pint draught) 350.00 ₦
(1.08 C$)
2,097.34 ₦
(6.50 C$)
     +499.24 %
Imported Beer (12 oz small bottle) 500.00 ₦
(1.55 C$)
2,400.20 ₦
(7.44 C$)
     +380.04 %
Cappuccino (regular) 1,050.00 ₦
(3.25 C$)
1,429.82 ₦
(4.43 C$)
     +36.17 %
Coke/Pepsi (12 oz small bottle) 135.77 ₦
(0.42 C$)
829.61 ₦
(2.57 C$)
     +511.05 %
Water (12 oz small bottle) 94.80 ₦
(0.29 C$)
661.15 ₦
(2.05 C$)
     +597.41 %
Markets
Lagos Edit London Edit
Milk (regular), (1 gallon) 5,445.17 ₦
(16.88 C$)
3,078.47 ₦
(9.54 C$)
     -43.46 %
Loaf of Fresh White Bread (1 lb) 427.65 ₦
(1.33 C$)
777.17 ₦
(2.41 C$)
     +81.73 %
Rice (white), (1 lb) 519.78 ₦
(1.61 C$)
439.08 ₦
(1.36 C$)
     -15.53 %
Eggs (regular) (12) 676.84 ₦
(2.10 C$)
934.32 ₦
(2.90 C$)
     +38.04 %
Local Cheese (1 lb) 1,044.36 ₦
(3.24 C$)
1,698.40 ₦
(5.26 C$)
     +62.63 %
Chicken Fillets (1 lb) 839.79 ₦
(2.60 C$)
1,595.83 ₦
(4.95 C$)
     +90.03 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 825.34 ₦
(2.56 C$)
2,272.74 ₦
(7.04 C$)
     +175.37 %
Apples (1 lb) 541.83 ₦
(1.68 C$)
619.05 ₦
(1.92 C$)
     +14.25 %
Banana (1 lb) 323.08 ₦
(1.00 C$)
201.91 ₦
(0.63 C$)
     -37.50 %
Oranges (1 lb) 293.71 ₦
(0.91 C$)
567.46 ₦
(1.76 C$)
     +93.20 %
Tomato (1 lb) 463.41 ₦
(1.44 C$)
788.73 ₦
(2.44 C$)
     +70.20 %
Potato (1 lb) 434.87 ₦
(1.35 C$)
340.64 ₦
(1.06 C$)
     -21.67 %
Onion (1 lb) 339.24 ₦
(1.05 C$)
393.75 ₦
(1.22 C$)
     +16.07 %
Lettuce (1 head) 448.09 ₦
(1.39 C$)
760.28 ₦
(2.36 C$)
     +69.67 %
Water (1.5 liter bottle) 210.00 ₦
(0.65 C$)
570.72 ₦
(1.77 C$)
     +171.77 %
Bottle of Wine (Mid-Range) 2,000.00 ₦
(6.20 C$)
4,840.01 ₦
(15.00 C$)
     +142.00 %
Domestic Beer (0.5 liter bottle) 333.55 ₦
(1.03 C$)
1,040.90 ₦
(3.23 C$)
     +212.07 %
Imported Beer (12 oz small bottle) 510.59 ₦
(1.58 C$)
984.14 ₦
(3.05 C$)
     +92.74 %
Cigarettes 20 Pack (Marlboro) 400.00 ₦
(1.24 C$)
4,194.68 ₦
(13.00 C$)
     +948.67 %
Transportation
Lagos Edit London Edit
One-way Ticket (Local Transport) 250.00 ₦
(0.77 C$)
968.00 ₦
(3.00 C$)
     +287.20 %
Monthly Pass (Regular Price) 10,000.00 ₦
(30.99 C$)
30,653.40 ₦
(95.00 C$)
     +206.53 %
Taxi Start (Normal Tariff) 500.00 ₦
(1.55 C$)
1,250.34 ₦
(3.88 C$)
     +150.07 %
Taxi 1 mile (Normal Tariff) 885.14 ₦
(2.74 C$)
1,287.82 ₦
(3.99 C$)
     +45.49 %
Taxi 1hour Waiting (Normal Tariff) 2,000.00 ₦
(6.20 C$)
11,293.36 ₦
(35.00 C$)
     +464.67 %
Gasoline (1 gallon) 620.30 ₦
(1.92 C$)
1,368.00 ₦
(4.24 C$)
     +120.54 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 7,000,000.00 ₦
(21,694.17 C$)
8,066,683.91 ₦
(25,000.00 C$)
     +15.24 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 9,264,285.71 ₦
(28,711.57 C$)
7,974,823.74 ₦
(24,715.31 C$)
     -13.92 %
Utilities (Monthly)
Lagos Edit London Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 10,750.00 ₦
(33.32 C$)
53,511.15 ₦
(165.84 C$)
     +397.78 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 22.47 ₦
(0.07 C$)
107.56 ₦
(0.33 C$)
     +378.73 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 19,830.36 ₦
(61.46 C$)
22,586.71 ₦
(70.00 C$)
     +13.90 %
Sports And Leisure
Lagos Edit London Edit
Fitness Club, Monthly Fee for 1 Adult 15,269.23 ₦
(47.32 C$)
12,476.47 ₦
(38.67 C$)
     -18.29 %
Tennis Court Rent (1 Hour on Weekend) 3,700.00 ₦
(11.47 C$)
10,755.58 ₦
(33.33 C$)
     +190.69 %
Cinema, International Release, 1 Seat 2,750.00 ₦
(8.52 C$)
4,194.68 ₦
(13.00 C$)
     +52.53 %
Childcare
Lagos Edit London Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 39,087.06 ₦
(121.14 C$)
344,147.78 ₦
(1,066.57 C$)
     +780.46 %
International Primary School, Yearly for 1 Child 911,000.00 ₦
(2,823.34 C$)
4,920,677.18 ₦
(15,250.00 C$)
     +440.14 %
Clothing And Shoes
Lagos Edit London Edit
1 Pair of Jeans (Levis 501 Or Similar) 6,900.00 ₦
(21.38 C$)
20,064.04 ₦
(62.18 C$)
     +190.78 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 9,590.91 ₦
(29.72 C$)
14,116.70 ₦
(43.75 C$)
     +47.19 %
1 Pair of Nike Running Shoes (Mid-Range) 23,021.74 ₦
(71.35 C$)
32,613.60 ₦
(101.08 C$)
     +41.66 %
1 Pair of Men Leather Business Shoes 24,652.17 ₦
(76.40 C$)
36,515.19 ₦
(113.17 C$)
     +48.12 %
Rent Per Month
Lagos Edit London Edit
Apartment (1 bedroom) in City Centre 488,908.29 ₦
(1,515.21 C$)
473,264.44 ₦
(1,466.73 C$)
     -3.20 %
Apartment (1 bedroom) Outside of Centre 283,448.28 ₦
(878.45 C$)
375,668.00 ₦
(1,164.26 C$)
     +32.53 %
Apartment (3 bedrooms) in City Centre 1,648,099.12 ₦
(5,107.73 C$)
780,965.85 ₦
(2,420.34 C$)
     -52.61 %
Apartment (3 bedrooms) Outside of Centre 703,253.26 ₦
(2,179.50 C$)
637,304.28 ₦
(1,975.11 C$)
     -9.38 %
Buy Apartment Price
Lagos Edit London Edit
Price per Square Feet to Buy Apartment in City Centre 32,554.51 ₦
(100.89 C$)
126,094.13 ₦
(390.79 C$)
     +287.33 %
Price per Square Feet to Buy Apartment Outside of Centre 14,477.27 ₦
(44.87 C$)
98,705.80 ₦
(305.91 C$)
     +581.80 %
Salaries And Financing
Lagos Edit London Edit
Average Monthly Net Salary (After Tax) 96,223.76 ₦
(298.21 C$)
1,321,933.96 ₦
(4,096.89 C$)
     +1,273.81 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 17.89 3.08      -82.76 %
Last update: September 2021September 2021
Contributors in the past 12 months:195106