Cost of Living Comparison Between Lagos and Accra 

Indices DifferenceInfo
Consumer Prices in Accra are 9.7% lower than in Lagos (without rent)
Consumer Prices Including Rent in Accra are 27.7% lower than in Lagos
Rent Prices in Accra are 55.6% lower than in Lagos
Restaurant Prices in Accra are 5.7% higher than in Lagos
Groceries Prices in Accra are 14.8% lower than in Lagos
Local Purchasing Power in Accra is 50.6% higher than in Lagos
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Lagos Edit Accra Edit Difference
Meal, Inexpensive Restaurant 3.26 $ 4.40 $      +34.6 %
Meal for 2 People, Mid-range Restaurant, Three-course 48.09 $ 49.84 $      +3.6 %
McMeal at McDonalds (or Equivalent Combo Meal) 6.85 $ 6.69 $      -2.3 %
Domestic Beer (1 pint draught) 1.08 $ 1.25 $      +16.2 %
Imported Beer (12 oz small bottle) 1.77 $ 2.31 $      +30.3 %
Cappuccino (regular) 3.27 $ 2.59 $      -20.9 %
Coke/Pepsi (12 oz small bottle) 0.38 $ 0.70 $      +83.6 %
Water (12 oz small bottle) 0.23 $ 0.27 $      +16.3 %
Markets
Lagos Edit Accra Edit
Milk (regular), (1 gallon) 12.22 $ 10.19 $      -16.6 %
Loaf of Fresh White Bread (1 lb) 1.37 $ 1.44 $      +5.3 %
Rice (white), (1 lb) 1.07 $ 0.97 $      -9.8 %
Eggs (regular) (12) 2.08 $ 2.41 $      +16.2 %
Local Cheese (1 lb) 2.16 $ 3.24 $      +50.0 %
Chicken Fillets (1 lb) 2.40 $ 2.15 $      -10.4 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 2.90 $ 2.27 $      -21.8 %
Apples (1 lb) 1.58 $ 1.17 $      -25.9 %
Banana (1 lb) 1.15 $ 0.60 $      -48.3 %
Oranges (1 lb) 1.01 $ 0.67 $      -33.0 %
Tomato (1 lb) 1.34 $ 1.09 $      -18.7 %
Potato (1 lb) 1.51 $ 1.13 $      -25.4 %
Onion (1 lb) 0.83 $ 0.93 $      +12.9 %
Lettuce (1 head) 1.85 $ 0.76 $      -59.1 %
Water (1.5 liter bottle) 0.44 $ 0.53 $      +20.9 %
Bottle of Wine (Mid-Range) 6.75 $ 4.92 $      -27.0 %
Domestic Beer (0.5 liter bottle) 1.01 $ 1.17 $      +15.3 %
Imported Beer (12 oz small bottle) 1.39 $ 1.55 $      +11.5 %
Cigarettes 20 Pack (Marlboro) 1.53 $ 1.60 $      +4.9 %
Transportation
Lagos Edit Accra Edit
One-way Ticket (Local Transport) 0.87 $ 0.85 $      -2.6 %
Monthly Pass (Regular Price) 34.29 $ 35.97 $      +4.9 %
Taxi Start (Normal Tariff) 1.36 $ 1.83 $      +34.5 %
Taxi 1 mile (Normal Tariff) 3.49 $ 2.14 $      -38.7 %
Taxi 1hour Waiting (Normal Tariff) 4.82 $ 5.62 $      +16.7 %
Gasoline (1 gallon) 2.40 $ 4.36 $      +81.8 %
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) 25,696.93 $ 11,022.37 $      -57.1 %
Utilities (Monthly)
Lagos Edit Accra Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 33.92 $ 55.57 $      +63.8 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 9.18 $ 11.03 $      +20.3 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 42.86 $ 47.96 $      +11.9 %
Sports And Leisure
Lagos Edit Accra Edit
Fitness Club, Monthly Fee for 1 Adult 42.57 $ 35.88 $      -15.7 %
Tennis Court Rent (1 Hour on Weekend) 11.43 $ 11.03 $      -3.5 %
Cinema, International Release, 1 Seat 7.19 $ 8.71 $      +21.1 %
Childcare
Lagos Edit Accra Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 93.04 $ 65.50 $      -29.6 %
International Primary School, Yearly for 1 Child 1,471.24 $ 5,489.48 $      +273.1 %
Clothing And Shoes
Lagos Edit Accra Edit
1 Pair of Jeans (Levis 501 Or Similar) 18.95 $ 16.17 $      -14.6 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 25.02 $ 20.23 $      -19.2 %
1 Pair of Nike Running Shoes (Mid-Range) 70.56 $ 36.27 $      -48.6 %
1 Pair of Men Leather Business Shoes 54.80 $ 37.30 $      -31.9 %
Rent Per Month
Lagos Edit Accra Edit
Apartment (1 bedroom) in City Centre 924.32 $ 384.19 $      -58.4 %
Apartment (1 bedroom) Outside of Centre 518.05 $ 100.97 $      -80.5 %
Apartment (3 bedrooms) in City Centre 2,190.95 $ 1,351.91 $      -38.3 %
Apartment (3 bedrooms) Outside of Centre 1,364.96 $ 380.39 $      -72.1 %
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) 204.55 $ 222.74 $      +8.9 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 20.00 24.25      +21.2 %
Last update: April 2024April 2024
Contributors in the past 12 months:10257