Cost of Living Comparison Between Valencia and Lagos 

Indices DifferenceInfo
Consumer Prices in Lagos are 0.4% lower than in Valencia (without rent)
Consumer Prices Including Rent in Lagos are 9.2% higher than in Valencia
Rent Prices in Lagos are 33.0% higher than in Valencia
Restaurant Prices in Lagos are 3.0% lower than in Valencia
Groceries Prices in Lagos are 11.1% lower than in Valencia
Local Purchasing Power in Lagos is 49.3% lower than in Valencia
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Valencia Edit Lagos Edit Difference
Meal, Inexpensive Restaurant 12.00 € 8.00 €      -33.3 %
Meal for 2 People, Mid-range Restaurant, Three-course 45.00 € 60.00 €      +33.3 %
McMeal at McDonalds (or Equivalent Combo Meal) 8.00 € 7.00 €      -12.5 %
Domestic Beer (1 pint draught) 2.50 € 3.00 €      +20.0 %
Imported Beer (12 oz small bottle) 3.00 € 2.50 €      -16.7 %
Cappuccino (regular) 1.89 € 2.00 €      +5.8 %
Coke/Pepsi (12 oz small bottle) 1.69 € 1.70 €      +0.3 %
Water (12 oz small bottle) 1.25 € 1.52 €      +22.1 %
Markets
Valencia Edit Lagos Edit
Milk (regular), (1 gallon) 3.42 € 4.35 €      +26.9 %
Loaf of Fresh White Bread (1 lb) 0.91 € 1.07 €      +17.8 %
Rice (white), (1 lb) 0.53 € 0.67 €      +25.6 %
Eggs (regular) (12) 2.15 € 2.17 €      +0.9 %
Local Cheese (1 lb) 5.38 € 3.16 €      -41.2 %
Chicken Fillets (1 lb) 3.05 € 2.30 €      -24.6 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 5.69 € 4.42 €      -22.3 %
Apples (1 lb) 0.89 € 0.94 €      +4.6 %
Banana (1 lb) 0.72 € 0.67 €      -6.0 %
Oranges (1 lb) 0.78 € 0.79 €      +1.1 %
Tomato (1 lb) 0.90 € 0.66 €      -26.6 %
Potato (1 lb) 0.74 € 0.50 €      -32.4 %
Onion (1 lb) 0.71 € 0.58 €      -19.0 %
Lettuce (1 head) 1.04 € 1.12 €      +7.4 %
Water (1.5 liter bottle) 0.58 € 1.38 €      +138.9 %
Bottle of Wine (Mid-Range) 5.00 € 3.00 €      -40.0 %
Domestic Beer (0.5 liter bottle) 0.93 € 0.92 €      -1.0 %
Imported Beer (12 oz small bottle) 1.49 € 3.16 €      +112.4 %
Cigarettes 20 Pack (Marlboro) 5.15 € 5.40 €      +4.9 %
Transportation
Valencia Edit Lagos Edit
One-way Ticket (Local Transport) 1.50 € 1.60 €      +6.7 %
Monthly Pass (Regular Price) 30.75 € 40.00 €      +30.1 %
Taxi Start (Normal Tariff) 4.00 € 3.00 €      -25.0 %
Taxi 1 mile (Normal Tariff) 1.61 € 1.50 €      -6.8 %
Taxi 1hour Waiting (Normal Tariff) 27.50 € 20.00 €      -27.3 %
Gasoline (1 gallon) 6.09 € 7.10 €      +16.6 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 20,000.00 € 25,000.00 €      +25.0 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 20,866.67 € 25,000.00 €      +19.8 %
Utilities (Monthly)
Valencia Edit Lagos Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 130.18 € 113.33 €      -12.9 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.06 € 0.12 €      +95.9 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 30.05 € 42.50 €      +41.4 %
Sports And Leisure
Valencia Edit Lagos Edit
Fitness Club, Monthly Fee for 1 Adult 36.30 € 54.80 €      +51.0 %
Tennis Court Rent (1 Hour on Weekend) 11.54 € 14.00 €      +21.3 %
Cinema, International Release, 1 Seat 8.00 € 8.00 €      0.0 %
Childcare
Valencia Edit Lagos Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 423.75 € 366.67 €      -13.5 %
International Primary School, Yearly for 1 Child 7,519.00 € 7,600.00 €      +1.1 %
Clothing And Shoes
Valencia Edit Lagos Edit
1 Pair of Jeans (Levis 501 Or Similar) 61.84 € 62.00 €      +0.3 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 25.35 € 28.00 €      +10.5 %
1 Pair of Nike Running Shoes (Mid-Range) 68.33 € 63.75 €      -6.7 %
1 Pair of Men Leather Business Shoes 83.33 € 64.40 €      -22.7 %
Rent Per Month
Valencia Edit Lagos Edit
Apartment (1 bedroom) in City Centre 793.61 € 910.00 €      +14.7 %
Apartment (1 bedroom) Outside of Centre 565.00 € 766.67 €      +35.7 %
Apartment (3 bedrooms) in City Centre 1,366.07 € 1,715.00 €      +25.5 %
Apartment (3 bedrooms) Outside of Centre 837.65 € 1,347.48 €      +60.9 %
Buy Apartment Price
Valencia Edit Lagos Edit
Price per Square Feet to Buy Apartment in City Centre 245.81 € 310.10 €      +26.2 %
Price per Square Feet to Buy Apartment Outside of Centre 127.75 € 304.23 €      +138.1 %
Salaries And Financing
Valencia Edit Lagos Edit
Average Monthly Net Salary (After Tax) 1,566.92 € 866.83 €      -44.7 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.03 3.33      +64.3 %
Last update: February 2023January 2023
Contributors in the past 12 months:14611