Cost of Living Comparison Between London and Lagos 
| Indices Difference |  |
|---|---|
| Consumer Prices in Lagos are 37.8% lower than in London (without rent) | |
| Consumer Prices Including Rent in Lagos are 52.1% lower than in London | |
| Rent Prices in Lagos are 70.0% lower than in London | |
| Restaurant Prices in Lagos are 49.4% lower than in London | |
| Groceries Prices in Lagos are 29.5% lower than in London | |
| Local Purchasing Power in Lagos is 48.7% lower than in London | |
Restaurants | London Edit |
Lagos Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
20.00 £ (23.25 €) |
10.32 £ (12.00 €) |
-48.4 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
80.00 £ (93.00 €) |
34.41 £ (40.00 €) |
-57.0 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
8.00 £ (9.30 €) |
6.02 £ (7.00 €) |
-24.7 % |
| Domestic Beer (1 pint draught) |
6.50 £ (7.56 €) |
1.72 £ (2.00 €) |
-73.5 % |
| Imported Beer (12 oz small bottle) |
5.75 £ (6.68 €) |
3.44 £ (4.00 €) |
-40.2 % |
| Cappuccino (regular) |
3.59 £ (4.18 €) |
2.44 £ (2.83 €) |
-32.2 % |
| Coke/Pepsi (12 oz small bottle) |
2.02 £ (2.35 €) |
1.23 £ (1.43 €) |
-39.4 % |
| Water (12 oz small bottle) |
1.65 £ (1.92 €) |
0.96 £ (1.12 €) |
-41.6 % |
Markets | London Edit |
Lagos Edit | |
| Milk (regular), (1 gallon) |
5.02 £ (5.84 €) |
3.02 £ (3.51 €) |
-39.9 % |
| Loaf of Fresh White Bread (1 lb) |
1.41 £ (1.63 €) |
1.33 £ (1.54 €) |
-5.7 % |
| Rice (white), (1 lb) |
0.92 £ (1.07 €) |
0.75 £ (0.88 €) |
-18.4 % |
| Eggs (regular) (12) |
3.17 £ (3.68 €) |
2.26 £ (2.62 €) |
-28.7 % |
| Local Cheese (1 lb) |
3.41 £ (3.96 €) |
4.30 £ (5.00 €) |
+26.2 % |
| Chicken Fillets (1 lb) |
3.39 £ (3.94 €) |
2.73 £ (3.18 €) |
-19.4 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
5.52 £ (6.41 €) |
4.30 £ (5.00 €) |
-22.0 % |
| Apples (1 lb) |
1.17 £ (1.35 €) |
0.91 £ (1.05 €) |
-22.3 % |
| Banana (1 lb) |
0.59 £ (0.69 €) |
0.50 £ (0.58 €) |
-16.3 % |
| Oranges (1 lb) |
1.17 £ (1.37 €) |
0.92 £ (1.07 €) |
-21.9 % |
| Tomato (1 lb) |
1.39 £ (1.62 €) |
0.77 £ (0.90 €) |
-44.7 % |
| Potato (1 lb) |
0.58 £ (0.67 €) |
0.47 £ (0.55 €) |
-18.0 % |
| Onion (1 lb) |
0.53 £ (0.62 €) |
0.79 £ (0.92 €) |
+49.4 % |
| Lettuce (1 head) |
0.97 £ (1.13 €) |
0.58 £ (0.68 €) |
-39.7 % |
| Water (1.5 liter bottle) |
1.31 £ (1.52 €) |
0.76 £ (0.88 €) |
-42.1 % |
| Bottle of Wine (Mid-Range) |
9.50 £ (11.04 €) |
4.30 £ (5.00 €) |
-54.7 % |
| Domestic Beer (0.5 liter bottle) |
2.09 £ (2.43 €) |
0.86 £ (1.00 €) |
-58.9 % |
| Imported Beer (12 oz small bottle) |
2.44 £ (2.83 €) |
3.15 £ (3.67 €) |
+29.5 % |
| Cigarettes 20 Pack (Marlboro) |
15.00 £ (17.44 €) |
4.34 £ (5.05 €) |
-71.0 % |
Transportation | London Edit |
Lagos Edit | |
| One-way Ticket (Local Transport) |
2.80 £ (3.25 €) |
1.38 £ (1.60 €) |
-50.8 % |
| Monthly Pass (Regular Price) |
200.00 £ (232.50 €) |
34.41 £ (40.00 €) |
-82.8 % |
| Taxi Start (Normal Tariff) |
4.50 £ (5.23 €) |
3.44 £ (4.00 €) |
-23.5 % |
| Taxi 1 mile (Normal Tariff) |
3.13 £ (3.64 €) |
1.29 £ (1.50 €) |
-58.8 % |
| Taxi 1hour Waiting (Normal Tariff) |
30.00 £ (34.87 €) |
17.20 £ (20.00 €) |
-42.7 % |
| Gasoline (1 gallon) |
5.71 £ (6.63 €) |
5.47 £ (6.36 €) |
-4.1 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
27,280.00 £ (31,712.47 €) |
21,505.74 £ (25,000.00 €) |
-21.2 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
25,860.62 £ (30,062.47 €) |
25,406.88 £ (29,535.00 €) |
-1.8 % |
Utilities (Monthly) | London Edit |
Lagos Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
293.80 £ (341.54 €) |
114.70 £ (133.33 €) |
-61.0 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
15.03 £ (17.47 €) |
17.33 £ (20.14 €) |
+15.3 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
31.02 £ (36.06 €) |
40.14 £ (46.67 €) |
+29.4 % |
Sports And Leisure | London Edit |
Lagos Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
46.74 £ (54.33 €) |
56.78 £ (66.00 €) |
+21.5 % |
| Tennis Court Rent (1 Hour on Weekend) |
14.35 £ (16.68 €) |
13.48 £ (15.67 €) |
-6.1 % |
| Cinema, International Release, 1 Seat |
15.00 £ (17.44 €) |
7.74 £ (9.00 €) |
-48.4 % |
Childcare | London Edit |
Lagos Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
1,840.34 £ (2,139.36 €) |
344.09 £ (400.00 €) |
-81.3 % |
| International Primary School, Yearly for 1 Child |
20,054.76 £ (23,313.27 €) |
6,084.69 £ (7,073.33 €) |
-69.7 % |
Clothing And Shoes | London Edit |
Lagos Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
81.72 £ (95.00 €) |
63.08 £ (73.33 €) |
-22.8 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
39.37 £ (45.77 €) |
25.81 £ (30.00 €) |
-34.5 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
89.05 £ (103.52 €) |
61.29 £ (71.25 €) |
-31.2 % |
| 1 Pair of Men Leather Business Shoes |
97.78 £ (113.66 €) |
65.95 £ (76.67 €) |
-32.6 % |
Rent Per Month | London Edit |
Lagos Edit | |
| Apartment (1 bedroom) in City Centre |
2,138.54 £ (2,486.01 €) |
817.22 £ (950.00 €) |
-61.8 % |
| Apartment (1 bedroom) Outside of Centre |
1,607.38 £ (1,868.55 €) |
602.16 £ (700.00 €) |
-62.5 % |
| Apartment (3 bedrooms) in City Centre |
4,422.97 £ (5,141.62 €) |
1,032.28 £ (1,200.00 €) |
-76.7 % |
| Apartment (3 bedrooms) Outside of Centre |
2,858.97 £ (3,323.50 €) |
860.23 £ (1,000.00 €) |
-69.9 % |
Buy Apartment Price | London Edit |
Lagos Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,311.20 £ (1,524.25 €) |
123.29 £ (143.32 €) |
-90.6 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
739.22 £ (859.33 €) |
127.87 £ (148.64 €) |
-82.7 % |
Salaries And Financing | London Edit |
Lagos Edit | |
| Average Monthly Net Salary (After Tax) |
3,476.09 £ (4,040.89 €) |
853.78 £ (992.50 €) |
-75.4 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.56 | 4.95 | -10.8 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 892 | 14 |
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Cities near London: | Cost of Living in Westminster | 2.09 miles |
| Cost of Living in Southwark | 3.41 miles |
| Cost of Living in Ealing | 10.41 miles |
| Cost of Living in Croydon | 11.15 miles |
| Cost of Living in Kingston upon Thames | 11.19 miles |
| Cost of Living in Barnet | 16.17 miles |
| Cost of Living in Watford | 20.33 miles |
| Cost of Living in Slough | 22.72 miles |
| Cost of Living in Harlow | 24.88 miles |
| Cost of Living in Welwyn Garden City | 25.71 miles |
Cities near Lagos: | Cost of Living in Portimao | 14.51 miles |
| Cost of Living in Albufeira | 36.74 miles |
| Cost of Living in Sao Bras de Alportel | 56.13 miles |
| Cost of Living in Faro | 56.31 miles |
| Cost of Living in Algarve | 56.59 miles |
| Cost of Living in Tavira | 71.94 miles |
| Cost of Living in Evora | 155.41 miles |
| Cost of Living in Redondo | 163.09 miles |
| Cost of Living in Setubal | 167.67 miles |
| Cost of Living in Pinhal Novo | 167.69 miles |