Cost of Living Comparison Between Valencia and Lagos 

Indices DifferenceInfo
Consumer Prices in Lagos are 4.0% higher than in Valencia (without rent)
Consumer Prices Including Rent in Lagos are 9.7% higher than in Valencia
Rent Prices in Lagos are 23.2% higher than in Valencia
Restaurant Prices in Lagos are 4.5% higher than in Valencia
Groceries Prices in Lagos are 7.9% lower than in Valencia
Local Purchasing Power in Lagos is 56.1% lower than in Valencia
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Valencia Edit Lagos Edit Difference
Meal, Inexpensive Restaurant 12.00 € 9.50 €      -20.8 %
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) 2.50 € 3.00 €      +20.0 %
Cappuccino (regular) 1.73 € 2.14 €      +23.6 %
Coke/Pepsi (12 oz small bottle) 1.56 € 1.78 €      +14.5 %
Water (12 oz small bottle) 1.20 € 1.52 €      +26.3 %
Markets
Valencia Edit Lagos Edit
Milk (regular), (1 gallon) 3.80 € 5.00 €      +31.3 %
Loaf of Fresh White Bread (1 lb) 0.90 € 1.22 €      +35.3 %
Rice (white), (1 lb) 0.58 € 0.67 €      +15.5 %
Eggs (regular) (12) 2.50 € 2.51 €      +0.3 %
Local Cheese (1 lb) 5.15 € 3.53 €      -31.5 %
Chicken Fillets (1 lb) 3.43 € 2.74 €      -20.1 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 5.85 € 4.52 €      -22.8 %
Apples (1 lb) 0.90 € 1.00 €      +10.9 %
Banana (1 lb) 0.70 € 0.66 €      -5.3 %
Oranges (1 lb) 0.79 € 0.79 €      +0.1 %
Tomato (1 lb) 0.98 € 0.74 €      -24.8 %
Potato (1 lb) 0.69 € 0.59 €      -14.1 %
Onion (1 lb) 0.73 € 0.62 €      -14.3 %
Lettuce (1 head) 1.17 € 1.12 €      -4.3 %
Water (1.5 liter bottle) 0.58 € 1.38 €      +136.2 %
Bottle of Wine (Mid-Range) 5.00 € 3.00 €      -40.0 %
Domestic Beer (0.5 liter bottle) 0.91 € 0.92 €      +1.5 %
Imported Beer (12 oz small bottle) 1.40 € 2.91 €      +107.7 %
Cigarettes 20 Pack (Marlboro) 5.35 € 5.45 €      +1.9 %
Transportation
Valencia Edit Lagos Edit
One-way Ticket (Local Transport) 1.50 € 1.60 €      +6.7 %
Monthly Pass (Regular Price) 30.00 € 40.00 €      +33.3 %
Taxi Start (Normal Tariff) 3.00 € 3.00 €      0.0 %
Taxi 1 mile (Normal Tariff) 1.61 € 1.50 €      -6.8 %
Taxi 1hour Waiting (Normal Tariff) 20.00 € 20.00 €      0.0 %
Gasoline (1 gallon) 6.43 € 7.10 €      +10.4 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 27,000.00 € 25,000.00 €      -7.4 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 24,875.00 € 25,000.00 €      +0.5 %
Utilities (Monthly)
Valencia Edit Lagos Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 122.65 € 120.00 €      -2.2 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 14.33 € 28.88 €      +101.5 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 27.50 € 42.50 €      +54.6 %
Sports And Leisure
Valencia Edit Lagos Edit
Fitness Club, Monthly Fee for 1 Adult 35.62 € 54.80 €      +53.8 %
Tennis Court Rent (1 Hour on Weekend) 9.23 € 14.00 €      +51.7 %
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 429.50 € 366.67 €      -14.6 %
International Primary School, Yearly for 1 Child 8,398.75 € 7,450.00 €      -11.3 %
Clothing And Shoes
Valencia Edit Lagos Edit
1 Pair of Jeans (Levis 501 Or Similar) 56.19 € 62.00 €      +10.3 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 24.04 € 29.17 €      +21.3 %
1 Pair of Nike Running Shoes (Mid-Range) 67.39 € 63.75 €      -5.4 %
1 Pair of Men Leather Business Shoes 76.55 € 64.40 €      -15.9 %
Rent Per Month
Valencia Edit Lagos Edit
Apartment (1 bedroom) in City Centre 873.62 € 908.33 €      +4.0 %
Apartment (1 bedroom) Outside of Centre 641.89 € 808.33 €      +25.9 %
Apartment (3 bedrooms) in City Centre 1,413.59 € 1,641.43 €      +16.1 %
Apartment (3 bedrooms) Outside of Centre 914.57 € 1,378.33 €      +50.7 %
Buy Apartment Price
Valencia Edit Lagos Edit
Price per Square Feet to Buy Apartment in City Centre 201.83 € 273.78 €      +35.6 %
Price per Square Feet to Buy Apartment Outside of Centre 120.72 € 258.62 €      +114.2 %
Salaries And Financing
Valencia Edit Lagos Edit
Average Monthly Net Salary (After Tax) 1,944.36 € 936.83 €      -51.8 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.21 4.21      +90.6 %
Last update: September 2023July 2023
Contributors in the past 12 months:24915