Cost of Living Comparison Between Lagos and Valencia 

Indices DifferenceInfo
Consumer Prices in Valencia are 3.4% lower than in Lagos (without rent)
Consumer Prices Including Rent in Valencia are 1.4% higher than in Lagos
Rent Prices in Valencia are 13.8% higher than in Lagos
Restaurant Prices in Valencia are 16.2% higher than in Lagos
Groceries Prices in Valencia are 4.3% lower than in Lagos
Local Purchasing Power in Valencia is 88.9% higher than in Lagos
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Lagos Edit Valencia Edit Difference
Meal, Inexpensive Restaurant 12.00 € 13.50 €      +12.5 %
Meal for 2 People, Mid-range Restaurant, Three-course 40.00 € 50.00 €      +25.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 7.00 € 11.00 €      +57.1 %
Domestic Beer (1 pint draught) 2.00 € 3.00 €      +50.0 %
Imported Beer (12 oz small bottle) 4.00 € 3.00 €      -25.0 %
Cappuccino (regular) 2.83 € 1.96 €      -30.7 %
Coke/Pepsi (12 oz small bottle) 1.43 € 1.84 €      +29.3 %
Water (12 oz small bottle) 1.12 € 1.48 €      +32.2 %
Markets
Lagos Edit Valencia Edit
Milk (regular), (1 gallon) 3.51 € 3.87 €      +10.2 %
Loaf of Fresh White Bread (1 lb) 1.54 € 0.94 €      -38.8 %
Rice (white), (1 lb) 0.88 € 0.60 €      -32.0 %
Eggs (regular) (12) 2.62 € 2.52 €      -4.1 %
Local Cheese (1 lb) 5.00 € 4.40 €      -12.1 %
Chicken Fillets (1 lb) 3.18 € 3.36 €      +5.9 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 5.00 € 5.38 €      +7.7 %
Apples (1 lb) 1.05 € 0.99 €      -5.8 %
Banana (1 lb) 0.58 € 0.74 €      +28.1 %
Oranges (1 lb) 1.07 € 0.75 €      -29.5 %
Tomato (1 lb) 0.90 € 0.93 €      +4.1 %
Potato (1 lb) 0.55 € 0.70 €      +27.0 %
Onion (1 lb) 0.92 € 0.74 €      -19.5 %
Lettuce (1 head) 0.68 € 1.14 €      +68.0 %
Water (1.5 liter bottle) 0.88 € 0.62 €      -30.3 %
Bottle of Wine (Mid-Range) 5.00 € 5.00 €      0.0 %
Domestic Beer (0.5 liter bottle) 1.00 € 1.02 €      +2.5 %
Imported Beer (12 oz small bottle) 3.67 € 1.51 €      -58.8 %
Cigarettes 20 Pack (Marlboro) 5.05 € 5.45 €      +7.9 %
Transportation
Lagos Edit Valencia Edit
One-way Ticket (Local Transport) 1.60 € 1.50 €      -6.3 %
Monthly Pass (Regular Price) 40.00 € 30.00 €      -25.0 %
Taxi Start (Normal Tariff) 4.00 € 2.00 €      -50.0 %
Taxi 1 mile (Normal Tariff) 1.50 € 1.90 €      +26.6 %
Taxi 1hour Waiting (Normal Tariff) 20.00 € 21.38 €      +6.9 %
Gasoline (1 gallon) 6.36 € 5.99 €      -5.8 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 25,000.00 € 29,975.00 €      +19.9 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 29,535.00 € 29,642.86 €      +0.4 %
Utilities (Monthly)
Lagos Edit Valencia Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 133.33 € 134.93 €      +1.2 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 20.14 € 15.48 €      -23.2 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 46.67 € 28.00 €      -40.0 %
Sports And Leisure
Lagos Edit Valencia Edit
Fitness Club, Monthly Fee for 1 Adult 66.00 € 35.50 €      -46.2 %
Tennis Court Rent (1 Hour on Weekend) 15.67 € 11.31 €      -27.8 %
Cinema, International Release, 1 Seat 9.00 € 8.50 €      -5.6 %
Childcare
Lagos Edit Valencia Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 400.00 € 469.62 €      +17.4 %
International Primary School, Yearly for 1 Child 7,073.33 € 9,284.44 €      +31.3 %
Clothing And Shoes
Lagos Edit Valencia Edit
1 Pair of Jeans (Levis 501 Or Similar) 73.33 € 87.65 €      +19.5 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 30.00 € 28.17 €      -6.1 %
1 Pair of Nike Running Shoes (Mid-Range) 71.25 € 86.06 €      +20.8 %
1 Pair of Men Leather Business Shoes 76.67 € 93.67 €      +22.2 %
Rent Per Month
Lagos Edit Valencia Edit
Apartment (1 bedroom) in City Centre 950.00 € 972.87 €      +2.4 %
Apartment (1 bedroom) Outside of Centre 700.00 € 725.91 €      +3.7 %
Apartment (3 bedrooms) in City Centre 1,200.00 € 1,611.88 €      +34.3 %
Apartment (3 bedrooms) Outside of Centre 1,000.00 € 1,071.40 €      +7.1 %
Buy Apartment Price
Lagos Edit Valencia Edit
Price per Square Feet to Buy Apartment in City Centre 143.32 € 225.68 €      +57.5 %
Price per Square Feet to Buy Apartment Outside of Centre 148.64 € 144.20 €      -3.0 %
Salaries And Financing
Lagos Edit Valencia Edit
Average Monthly Net Salary (After Tax) 992.50 € 1,901.98 €      +91.6 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.95 3.02      -39.1 %
Last update: May 2024May 2024
Contributors in the past 12 months:14200