Last update: Oct 2026

Cost of Living Comparison Between Akure and Lagos

For one person, living is cheaper in Akure: $276 a month against $952 in Lagos, rent and utilities included – about $8,100 less a year. Rent and utilities account for most of the difference.

13

Cost of Living Index in Akure
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Akure Living Index
46

Cost of Living Index in Lagos
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Lagos Living Index

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Akure

🇳🇬 Nigeria

$276

/mo nomad

Lagos

🇳🇬 Nigeria

$952

/mo nomad

Monthly Cost of Living

How much you'll spend in Akure and in Lagos

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Akure and in Lagos actually costs, broken down by who's living it.

A single person spends $276 per month in Akure vs $952 in Lagos, rent included.

Akure $276
Lagos $952

A couple spends around $444 per month in Akure vs $1,852 in Lagos, rent included.

Akure $444
Lagos $1,852

A family of three spends $613 per month in Akure vs $2,753 in Lagos, rent included.

Akure $613
Lagos $2,753

Akure is about 71% cheaper than Lagos, and outside of rent the biggest gap is in groceries.

Both Akure and Lagos are more affordable than the global median – Akure 80% lower, Lagos 30% lower.

Meal at Budget Restaurant

$1.15 ₦1,542

$3.62 ₦4,851

-68.23%

Three-Course Dinner for Two, Mid-Range

$8.68 ₦11.6K

$50.7 ₦67.9K

-82.87%

Fast Food Meal (McDonalds, etc)

$7.51 ₦10.1K

$7.67 ₦10.3K

-2.09%

Cappuccino

$2.75 ₦3,683

$2.82 ₦3,778

-2.48%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$0.21 ₦281

$0.43 ₦578

-51.16%

Water (0.33 liter bottle)

$0.14 ₦191

$0.24 ₦324

-41.67%

Local Beer (0.5 liter draught)

$1.01 ₦1,357

$0.97 ₦1,305

4.12%

Imported Beer (0.33 liter bottle)

$2.04 ₦2,734

$1.95 ₦2,619

4.62%

Milk (1 liter)

$1.46 ₦1,962

$3.20 ₦4,293

-54.38%

White Bread (500g)

$0.61 ₦821

$1.49 ₦1,997

-59.06%

Rice (white) (1kg)

$1.21 ₦1,622

$1.26 ₦1,692

-3.97%

Eggs

$0.74 ₦997

$2.27 ₦3,044

-67.40%

Local Cheese (1kg)

$3.56 ₦4,770

$3.42 ₦4,587

4.09%

Chicken Fillets (1kg)

$3.77 ₦5,059

$3.77 ₦5,050

Beef Round Steak (1kg)

$2.33 ₦3,127

$4.36 ₦5,843

-46.56%

Apples (1kg)

$1.46 ₦1,956

$1.63 ₦2,187

-10.43%

Banana (1kg)

$0.72 ₦969

$1.33 ₦1,779

-45.86%

Oranges (1kg)

$0.66 ₦880

$1.13 ₦1,514

-41.59%

Tomato (1kg)

$0.87 ₦1,165

$1.49 ₦1,999

-41.61%

Potato (1kg)

$0.83 ₦1,116

$1.61 ₦2,158

-48.45%

Onion (1kg)

$1.00 ₦1,334

$1.52 ₦2,037

-34.21%

Lettuce (1 head)

$0.82 ₦1,100

$0.89 ₦1,190

-7.87%

Water (1.5 liter bottle)

$0.37 ₦495

$0.40 ₦531

-7.50%

Cigarettes 20 Pack (Marlboro, Camel)

$0.53 ₦714

$0.55 ₦735

-3.64%

Wine (Bottle)

$2.21 ₦2,965

$2.37 ₦3,179

-6.75%

Local Beer (0.5 liter bottle)

$0.50 ₦676

$0.54 ₦719

-7.41%

Imported Beer (0.33 liter bottle)

$0.46 ₦623

$0.50 ₦666

-8.00%

One-way Ticket (Public Transport)

$0.38 ₦512

Public Transport Monthly Pass (Regular Price)

$21.99 ₦29.5K

Taxi Start (Normal Tariff)

$0.70 ₦937

$0.70 ₦934

Taxi (Normal Tariff) (1km)

$0.96 ₦1,283

$0.97 ₦1,296

-1.03%

Taxi 1hour Waiting (Normal Tariff)

$2.22 ₦2,979

$2.10 ₦2,821

5.71%

Gasoline (1 liter)

$0.17 ₦222

$0.85 ₦1,137

-80.00%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$11.0K ₦14.8M

$11.3K ₦15.2M

-2.52%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$29.1K ₦39.0M

$29.0K ₦38.9M

0.31%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$11.23 ₦15.0K

$112 ₦149.6K

-89.94%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$5.12 ₦6,860

$14.92 ₦20.0K

-65.68%

Internet (50+ Mbps, Unlimited Data)

$9.03 ₦12.1K

$32.44 ₦43.5K

-72.16%

Gym Membership (Monthly)

$27.80 ₦37.3K

Tennis Court (1 Hour on Weekend)

$6.91 ₦9,263

Cinema Ticket

$6.35 ₦8,511

$6.23 ₦8,350

1.93%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$675 ₦904.1K

$654 ₦876.4K

3.15%

International Primary School, 1 Child (Yearly)

$20.0K ₦26.8M

$20.1K ₦26.9M

-0.40%

Jeans (Levis 501 Or Similar)

$14.78 ₦19.8K

$14.83 ₦19.9K

-0.34%

Summer Dress (H&M, Zara, etc)

$18.04 ₦24.2K

$17.94 ₦24.0K

0.56%

Sport Shoes (Adidas, Nike)

$36.10 ₦48.4K

$36.62 ₦49.1K

-1.42%

Men's Leather Business Shoes

$49.03 ₦65.7K

$47.49 ₦63.6K

3.24%

1-bedroom Apartment, City Center (Monthly)

$704 ₦943.8K

1-bedroom Apartment, Outside City Center (Monthly)

$417 ₦559.5K

3-bedroom Apartment, City Center (Monthly)

$2,809 ₦3.8M

3-bedroom Apartment, Outside City Center (Monthly)

$1,498 ₦2.0M

Buy Apartment in City Center (m2)

$3,242 ₦4.3M

Buy Apartment Outside City Center (m2)

$1,607 ₦2.2M

Average Monthly Net Salary (After Tax)

$36.71 ₦49.2K

$118 ₦157.9K

-68.84%

20-Year Fixed Mortgage Interest Rate (Annual %)

18.39

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Akure: October 26, 2026

Last update for Lagos: October 26, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Groceries & Markets

Akure

$104 37.7%

Lagos

$156 16.4% 50.2% $52

Eating Out

Akure

$75 27.3%

Lagos

$97 10.2% 29.2% $22

Clothing & Footwear

Akure

$53 19.3%

Lagos

$53 5.5% 0.9% $0.5

Monthly Utilities & Internet

Akure

$25 9.2%

Lagos

$159 16.7% 527% $134

Sport & Entertainment

Akure

$13 * 4.6%

Lagos

$40 4.2% 217% $28

Getting Around

Akure

$5.5 * 2%

Lagos

$29 3.1% 429% $24

Accommodation & Living

Akure

- * 0%

Lagos

$417 43.9%

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

Salaries in Lagos are about 3.2 times higher, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $9 in Akure versus $51 in Lagos. Monthly groceries follow the same trend: $104 vs $156 – making Akure the more affordable choice for daily food spending.

Good to know

🇳🇬 Akure

🇳🇬 Lagos

🕒 Local time

21:23 9:23 PM

Same time as Akure

🌤 Weather

👥 Population

387,087

10,404,112

💱 Currency

Nigerian Naira NGN ₦

📈 Exchange rate

10,000 NGN = 7.46 USD

10,000 NGN = 6.7 EUR

10,000 NGN = 7.46 USD

10,000 NGN = 6.7 EUR

Exchange rates and currency converter

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City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Akure vs Lagos: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $276 in Akure, $952 in Lagos – Akure comes out roughly 71% cheaper. Outside of rent, the biggest gap is in groceries.

For a comfortable life, plan on about $414 per month in Akure and $1,427 in Lagos. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

A mid-range dinner for two costs $9 in Akure and $51 in Lagos. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 50% more in Lagos, though the gap depends on what you buy.

$1,200 covers both cities comfortably – all-in costs are $276 in Akure and $952 in Lagos, leaving budget for savings and extras in both cases.

It depends on your priorities. Lagos has an edge in some lifestyle areas, with costs from $276 in Akure to $952 in Lagos. Climate, culture, job market, and personal taste all factor in.

If budget matters most, go with Akure. If higher salaries or specific career opportunities are the priority, Lagos makes more sense. Both are solid long-term options with distinct trade-offs.