Cost of Living Comparison Between Valencia and Lagos 

Indices DifferenceInfo
Consumer Prices in Lagos are 5.6% higher than in Valencia (without rent)
Consumer Prices Including Rent in Lagos are 0.3% higher than in Valencia
Rent Prices in Lagos are 11.2% lower than in Valencia
Restaurant Prices in Lagos are 5.4% lower than in Valencia
Groceries Prices in Lagos are 3.3% higher than in Valencia
Local Purchasing Power in Lagos is 49.7% lower than in Valencia
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Valencia Edit Lagos Edit Difference
Meal, Inexpensive Restaurant 12.75 € 12.00 €      -5.9 %
Meal for 2 People, Mid-range Restaurant, Three-course 45.00 € 40.00 €      -11.1 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 € 7.00 €      -30.0 %
Domestic Beer (1 pint draught) 3.00 € 3.50 €      +16.7 %
Imported Beer (12 oz small bottle) 2.50 € 4.00 €      +60.0 %
Cappuccino (regular) 1.87 € 2.83 €      +51.4 %
Coke/Pepsi (12 oz small bottle) 1.76 € 1.43 €      -19.1 %
Water (12 oz small bottle) 1.39 € 1.12 €      -19.6 %
Markets
Valencia Edit Lagos Edit
Milk (regular), (1 gallon) 3.89 € 3.51 €      -9.9 %
Loaf of Fresh White Bread (1 lb) 0.96 € 1.54 €      +60.8 %
Rice (white), (1 lb) 0.60 € 0.88 €      +45.5 %
Eggs (regular) (12) 2.54 € 2.62 €      +3.5 %
Local Cheese (1 lb) 4.40 € 5.00 €      +13.7 %
Chicken Fillets (1 lb) 3.40 € 3.18 €      -6.7 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 5.50 € 5.00 €      -9.1 %
Apples (1 lb) 1.01 € 1.05 €      +4.7 %
Banana (1 lb) 0.75 € 0.58 €      -22.9 %
Oranges (1 lb) 0.75 € 1.07 €      +41.8 %
Tomato (1 lb) 0.96 € 0.90 €      -6.5 %
Potato (1 lb) 0.72 € 0.55 €      -23.9 %
Onion (1 lb) 0.76 € 0.92 €      +21.5 %
Lettuce (1 head) 1.16 € 0.68 €      -41.4 %
Water (1.5 liter bottle) 0.63 € 0.88 €      +40.9 %
Bottle of Wine (Mid-Range) 5.00 € 5.00 €      0.0 %
Domestic Beer (0.5 liter bottle) 1.04 € 1.00 €      -4.2 %
Imported Beer (12 oz small bottle) 1.55 € 3.67 €      +136.8 %
Cigarettes 20 Pack (Marlboro) 5.40 € 5.05 €      -6.5 %
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) 2.25 € 4.00 €      +77.8 %
Taxi 1 mile (Normal Tariff) 1.90 € 1.50 €      -21.0 %
Taxi 1hour Waiting (Normal Tariff) 21.38 € 20.00 €      -6.5 %
Gasoline (1 gallon) 5.99 € 6.36 €      +6.1 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 29,975.00 € 25,000.00 €      -16.6 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 29,642.86 € 29,535.00 €      -0.4 %
Utilities (Monthly)
Valencia Edit Lagos Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 125.76 € 133.33 €      +6.0 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 14.70 € 18.50 €      +25.9 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 26.38 € 46.67 €      +76.9 %
Sports And Leisure
Valencia Edit Lagos Edit
Fitness Club, Monthly Fee for 1 Adult 35.50 € 66.00 €      +85.9 %
Tennis Court Rent (1 Hour on Weekend) 11.31 € 15.67 €      +38.5 %
Cinema, International Release, 1 Seat 8.50 € 9.00 €      +5.9 %
Childcare
Valencia Edit Lagos Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 469.62 € 400.00 €      -14.8 %
International Primary School, Yearly for 1 Child 9,284.44 € 7,073.33 €      -23.8 %
Clothing And Shoes
Valencia Edit Lagos Edit
1 Pair of Jeans (Levis 501 Or Similar) 79.44 € 73.33 €      -7.7 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 27.26 € 30.00 €      +10.0 %
1 Pair of Nike Running Shoes (Mid-Range) 80.72 € 71.25 €      -11.7 %
1 Pair of Men Leather Business Shoes 89.43 € 76.67 €      -14.3 %
Rent Per Month
Valencia Edit Lagos Edit
Apartment (1 bedroom) in City Centre 966.08 € 950.00 €      -1.7 %
Apartment (1 bedroom) Outside of Centre 716.30 € 700.00 €      -2.3 %
Apartment (3 bedrooms) in City Centre 1,600.74 € 1,200.00 €      -25.0 %
Apartment (3 bedrooms) Outside of Centre 1,050.37 € 1,000.00 €      -4.8 %
Buy Apartment Price
Valencia Edit Lagos Edit
Price per Square Feet to Buy Apartment in City Centre 223.07 € 143.32 €      -35.8 %
Price per Square Feet to Buy Apartment Outside of Centre 141.91 € 148.64 €      +4.7 %
Salaries And Financing
Valencia Edit Lagos Edit
Average Monthly Net Salary (After Tax) 1,964.63 € 992.50 €      -49.5 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.91 4.95      +70.3 %
Last update: May 2024May 2024
Contributors in the past 12 months:19914