Cost of Living Comparison Between London and Ibadan 

Indices DifferenceInfo
Consumer Prices in Ibadan are 71.4% lower than in London (without rent)
Consumer Prices Including Rent in Ibadan are 73.1% lower than in London
Rent Prices in Ibadan are 75.2% lower than in London
Restaurant Prices in Ibadan are 84.0% lower than in London
Groceries Prices in Ibadan are 55.8% lower than in London
Local Purchasing Power in Ibadan is 89.5% lower than in London
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
London Edit Ibadan Edit Difference
Meal, Inexpensive Restaurant 20.00 £
(25.07 $)
1.04 £
(1.31 $)
     -94.8 %
Meal for 2 People, Mid-range Restaurant, Three-course 80.00 £
(100.26 $)
16.25 £
(20.36 $)
     -79.7 %
McMeal at McDonalds (or Equivalent Combo Meal) 8.00 £
(10.03 $)
5.47 £
(6.85 $)
     -31.6 %
Domestic Beer (1 pint draught) 6.50 £
(8.15 $)
0.61 £
(0.77 $)
     -90.6 %
Imported Beer (12 oz small bottle) 5.50 £
(6.89 $)
0.98 £
(1.23 $)
     -82.2 %
Cappuccino (regular) 3.57 £
(4.48 $)
0.58 £
(0.73 $)
     -83.6 %
Coke/Pepsi (12 oz small bottle) 1.97 £
(2.47 $)
0.24 £
(0.30 $)
     -87.9 %
Water (12 oz small bottle) 1.60 £
(2.00 $)
0.14 £
(0.17 $)
     -91.3 %
Markets
London Edit Ibadan Edit
Milk (regular), (1 gallon) 4.96 £
(6.21 $)
7.07 £
(8.86 $)
     +42.6 %
Loaf of Fresh White Bread (1 lb) 1.38 £
(1.73 $)
0.85 £
(1.06 $)
     -38.9 %
Rice (white), (1 lb) 0.90 £
(1.13 $)
0.77 £
(0.96 $)
     -14.8 %
Eggs (regular) (12) 3.32 £
(4.16 $)
1.46 £
(1.82 $)
     -56.2 %
Local Cheese (1 lb) 3.52 £
(4.41 $)
1.56 £
(1.96 $)
     -55.6 %
Chicken Fillets (1 lb) 3.42 £
(4.28 $)
1.92 £
(2.40 $)
     -43.9 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 5.71 £
(7.15 $)
1.49 £
(1.87 $)
     -73.8 %
Apples (1 lb) 1.10 £
(1.37 $)
0.87 £
(1.09 $)
     -20.8 %
Banana (1 lb) 0.56 £
(0.70 $)
0.43 £
(0.54 $)
     -22.7 %
Oranges (1 lb) 1.18 £
(1.48 $)
0.43 £
(0.54 $)
     -63.3 %
Tomato (1 lb) 1.36 £
(1.70 $)
0.60 £
(0.75 $)
     -56.1 %
Potato (1 lb) 0.57 £
(0.72 $)
0.76 £
(0.95 $)
     +33.0 %
Onion (1 lb) 0.54 £
(0.68 $)
0.56 £
(0.70 $)
     +2.6 %
Lettuce (1 head) 0.92 £
(1.16 $)
0.75 £
(0.94 $)
     -18.9 %
Water (1.5 liter bottle) 1.25 £
(1.57 $)
0.24 £
(0.31 $)
     -80.4 %
Bottle of Wine (Mid-Range) 9.00 £
(11.28 $)
2.50 £
(3.13 $)
     -72.3 %
Domestic Beer (0.5 liter bottle) 2.09 £
(2.62 $)
0.61 £
(0.77 $)
     -70.7 %
Imported Beer (12 oz small bottle) 2.44 £
(3.05 $)
1.03 £
(1.29 $)
     -57.7 %
Cigarettes 20 Pack (Marlboro) 15.00 £
(18.80 $)
1.04 £
(1.31 $)
     -93.1 %
Transportation
London Edit Ibadan Edit
One-way Ticket (Local Transport) 2.80 £
(3.51 $)
0.27 £
(0.34 $)
     -90.4 %
Monthly Pass (Regular Price) 200.00 £
(250.65 $)
28.73 £
(36.00 $)
     -85.6 %
Taxi Start (Normal Tariff) 4.00 £
(5.01 $)
1.05 £
(1.32 $)
     -73.7 %
Taxi 1 mile (Normal Tariff) 3.13 £
(3.93 $)
1.35 £
(1.70 $)
     -56.8 %
Taxi 1hour Waiting (Normal Tariff) 30.00 £
(37.60 $)
2.87 £
(3.60 $)
     -90.4 %
Gasoline (1 gallon) 5.75 £
(7.21 $)
1.67 £
(2.10 $)
     -70.9 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 27,280.00 £
(34,188.93 $)
7,618.68 £
(9,548.18 $)
     -72.1 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 25,860.62 £
(32,410.09 $)
11,339.45 £
(14,211.27 $)
     -56.2 %
Utilities (Monthly)
London Edit Ibadan Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 289.14 £
(362.37 $)
16.85 £
(21.12 $)
     -94.2 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 15.39 £
(19.29 $)
6.08 £
(7.62 $)
     -60.5 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 31.02 £
(38.87 $)
15.96 £
(20.00 $)
     -48.5 %
Sports And Leisure
London Edit Ibadan Edit
Fitness Club, Monthly Fee for 1 Adult 47.08 £
(59.00 $)
23.83 £
(29.87 $)
     -49.4 %
Tennis Court Rent (1 Hour on Weekend) 13.91 £
(17.43 $)
0.00 £
(0.00 $)
     -100.0 %
Cinema, International Release, 1 Seat 15.00 £
(18.80 $)
2.08 £
(2.61 $)
     -86.1 %
Childcare
London Edit Ibadan Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,840.34 £
(2,306.43 $)
39.72 £
(49.78 $)
     -97.8 %
International Primary School, Yearly for 1 Child 20,054.76 £
(25,133.83 $)
1,173.93 £
(1,471.24 $)
     -94.1 %
Clothing And Shoes
London Edit Ibadan Edit
1 Pair of Jeans (Levis 501 Or Similar) 82.24 £
(103.07 $)
14.68 £
(18.40 $)
     -82.1 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 39.97 £
(50.09 $)
19.96 £
(25.02 $)
     -50.0 %
1 Pair of Nike Running Shoes (Mid-Range) 88.24 £
(110.58 $)
34.46 £
(43.19 $)
     -60.9 %
1 Pair of Men Leather Business Shoes 94.03 £
(117.85 $)
23.62 £
(29.60 $)
     -74.9 %
Rent Per Month
London Edit Ibadan Edit
Apartment (1 bedroom) in City Centre 2,198.08 £
(2,754.76 $)
359.03 £
(449.96 $)
     -83.7 %
Apartment (1 bedroom) Outside of Centre 1,612.58 £
(2,020.98 $)
342.46 £
(429.19 $)
     -78.8 %
Apartment (3 bedrooms) in City Centre 4,259.21 £
(5,337.90 $)
985.99 £
(1,235.70 $)
     -76.9 %
Apartment (3 bedrooms) Outside of Centre 2,832.50 £
(3,549.86 $)
1,018.20 £
(1,276.07 $)
     -64.1 %
Buy Apartment Price
London Edit Ibadan Edit
Price per Square Feet to Buy Apartment in City Centre 1,311.20 £
(1,643.28 $)
61.39 £
(76.94 $)
     -95.3 %
Price per Square Feet to Buy Apartment Outside of Centre 708.26 £
(887.63 $)
3.91 £
(4.90 $)
     -99.4 %
Salaries And Financing
London Edit Ibadan Edit
Average Monthly Net Salary (After Tax) 3,301.20 £
(4,137.26 $)
92.79 £
(116.29 $)
     -97.2 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.57 19.00      +240.8 %
Last update: April 2024April 2024
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