Last update: Nov 2026

Cost of Living Comparison Between Akure and London

For one person, living is cheaper in Akure: $277 a month against $4,048 in London, rent and utilities included – about $45,300 less a year. Rent and utilities account for most of the difference.

13

Cost of Living Index in Akure
Learn more

Akure Living Index
196

Cost of Living Index in London
Learn more

London Living Index

Jump to prices

Akure

🇳🇬 Nigeria

$277

/mo nomad

London

🇬🇧 United Kingdom

$4,048

/mo nomad

Monthly Cost of Living

How much you'll spend in Akure and in London

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 London actually costs, broken down by who's living it.

A single person spends $277 per month in Akure vs $4,048 in London, rent included.

Akure $277
London $4,048

A couple spends around $447 per month in Akure vs $5,903 in London, rent included.

Akure $447
London $5,903

A family of three spends $618 per month in Akure vs $7,758 in London, rent included.

Akure $618
London $7,758

Akure is about 93% cheaper than London, and outside of rent the biggest gap is in eating out.

Akure sits 80% below the global median, while London is 199% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$1.10 ₦1,480

$26.36 £19.59

-95.83%

Three-Course Dinner for Two, Mid-Range

$9.22 ₦12.4K

$109 £80.7

-91.51%

Fast Food Meal (McDonalds, etc)

$7.26 ₦9,768

$10.71 £7.96

-32.21%

Cappuccino

$2.76 ₦3,714

$5.59 £4.15

-50.63%

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

$0.23 ₦310

$3.00 £2.23

-92.33%

Water (0.33 liter bottle)

$0.14 ₦195

$2.22 £1.65

-93.69%

Local Beer (0.5 liter draught)

$1.02 ₦1,376

$9.65 £7.17

-89.43%

Imported Beer (0.33 liter bottle)

$2.04 ₦2,742

$8.26 £6.14

-75.30%

Milk (1 liter)

$1.53 ₦2,061

$1.97 £1.46

-22.34%

White Bread (500g)

$0.58 ₦779

$2.09 £1.55

-72.25%

Rice (white) (1kg)

$1.18 ₦1,583

$2.59 £1.93

-54.44%

Eggs

$0.79 ₦1,065

$5.37 £3.99

-85.29%

Local Cheese (1kg)

$3.56 ₦4,794

$13.12 £9.75

-72.87%

Chicken Fillets (1kg)

$3.94 ₦5,295

$11.03 £8.20

-64.28%

Beef Round Steak (1kg)

$2.29 ₦3,080

$17.73 £13.18

-87.08%

Apples (1kg)

$1.51 ₦2,033

$3.17 £2.36

-52.37%

Banana (1kg)

$0.73 ₦978

$1.38 £1.03

-47.10%

Oranges (1kg)

$0.66 ₦886

$2.82 £2.10

-76.60%

Tomato (1kg)

$0.87 ₦1,164

$3.36 £2.50

-74.11%

Potato (1kg)

$0.84 ₦1,129

$1.70 £1.26

-50.59%

Onion (1kg)

$0.99 ₦1,336

$1.78 £1.32

-44.38%

Lettuce (1 head)

$0.90 ₦1,205

$1.49 £1.11

-39.60%

Water (1.5 liter bottle)

$0.39 ₦528

$1.82 £1.35

-78.57%

Cigarettes 20 Pack (Marlboro, Camel)

$0.55 ₦736

$23.85 £17.73

-97.69%

Wine (Bottle)

$2.28 ₦3,064

$13.44 £9.99

-83.04%

Local Beer (0.5 liter bottle)

$0.51 ₦685

$3.11 £2.31

-83.60%

Imported Beer (0.33 liter bottle)

$0.46 ₦621

$4.49 £3.34

-89.76%

One-way Ticket (Public Transport)

$4.13 £3.07

Public Transport Monthly Pass (Regular Price)

$266 £198

Taxi Start (Normal Tariff)

$0.69 ₦930

$5.98 £4.45

-88.46%

Taxi (Normal Tariff) (1km)

$0.95 ₦1,271

$3.39 £2.52

-71.98%

Taxi 1hour Waiting (Normal Tariff)

$2.19 ₦2,947

$56.6 £42.03

-96.13%

Gasoline (1 liter)

$0.17 ₦222

$2.21 £1.64

-92.31%

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

$11.2K ₦15.1M

$38.3K £28.4K

-70.65%

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

$29.2K ₦39.2M

$41.0K £30.5K

-28.92%

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

$11.22 ₦15.1K

$372 £277

-96.99%

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

$5.36 ₦7,212

$18.66 £13.87

-71.28%

Internet (50+ Mbps, Unlimited Data)

$8.96 ₦12.1K

$40.53 £30.13

-77.89%

Gym Membership (Monthly)

$56.0 £41.63

Tennis Court (1 Hour on Weekend)

$17.10 £12.71

Cinema Ticket

$6.11 ₦8,216

$17.95 £13.34

-65.96%

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

$678 ₦911.5K

$2,946 £2,189

-76.99%

International Primary School, 1 Child (Yearly)

$19.5K ₦26.2M

$47.6K £35.4K

-59.06%

Jeans (Levis 501 Or Similar)

$14.57 ₦19.6K

$116 £86.4

-87.47%

Summer Dress (H&M, Zara, etc)

$18.40 ₦24.7K

$56.9 £42.29

-67.66%

Sport Shoes (Adidas, Nike)

$36.39 ₦48.9K

$128 £95.1

-71.55%

Men's Leather Business Shoes

$48.49 ₦65.2K

$154 £114

-68.49%

1-bedroom Apartment, City Center (Monthly)

$2,935 £2,182

1-bedroom Apartment, Outside City Center (Monthly)

$2,258 £1,678

3-bedroom Apartment, City Center (Monthly)

$5,250 £3,902

3-bedroom Apartment, Outside City Center (Monthly)

$3,859 £2,868

Buy Apartment in City Center (m2)

$17.2K £12.8K

Buy Apartment Outside City Center (m2)

$8,278 £6,153

Average Monthly Net Salary (After Tax)

$37.97 ₦51.1K

$5,621 £4,177

-99.32%

20-Year Fixed Mortgage Interest Rate (Annual %)

18.39

4.78

284.73%

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

Last update for Akure: November 1, 2026

Last update for London: November 1, 2026

Monthly budget structure

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

Groceries & Markets

Akure

$106 38.3%

London

$360 8.9% 240% $254

Eating Out

Akure

$74 26.9%

London

$396 9.8% 432% $321

Clothing & Footwear

Akure

$53 19.2%

London

$205 5.1% 286% $152

Monthly Utilities & Internet

Akure

$26 9.2%

London

$432 10.7% 1589% $406

Sport & Entertainment

Akure

$12 * 4.4%

London

$92 2.3% 652% $80

Getting Around

Akure

$5.4 * 2%

London

$305 7.6% 5535% $300

Accommodation & Living

Akure

- * 0%

London

$2.3K 55.8%

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

Cost Breakdown

Salaries in London are about 148 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $9 in Akure versus $109 in London. Monthly groceries follow the same trend: $106 vs $360 – making Akure the more affordable choice for daily food spending.

Good to know

🇳🇬 Akure

🇬🇧 London

🕒 Local time

00:22 12:22 AM

23:22 11:22 PM

1 h behind Akure

🌤 Weather

👥 Population

387,087

8,908,083 Capital

💱 Currency

Nigerian Naira NGN ₦

British Pound GBP £

📈 Exchange rate

10,000 NGN = 7.44 USD

10,000 NGN = 6.62 EUR

1 GBP = 1.35 USD

1 GBP = 1.2 EUR

Exchange rates and currency converter

GBP, USD, EUR to NGN – Nigerian Naira Converter

🇺🇸 United States Dollar ($)

🇳🇬 Nigerian Naira (₦)

Nigerian Naira exchange rates as of November 5, 2026: 1 USD = 1,345 NGN (10,000 NGN = 7.44 USD). 1 EUR = 1,510 NGN (10,000 NGN = 6.62 EUR).

British Pound exchange rates as of November 5, 2026: 1 USD = 0.743 GBP (1 GBP = 1.35 USD). 1 EUR = 0.834 GBP (1 GBP = 1.2 EUR).

USD to NGN in detail →

On the map

Lowest

Highest

Between locations

Akure London 4,950 km ≈ 7 h nonstop flight

From you

Akure
London

Distances are measured in a straight line. Your location is detected approximately.

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 London: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $277 in Akure, $4,048 in London – Akure comes out roughly 93% cheaper. Outside of rent, the biggest gap is in eating out.

For a comfortable life, plan on about $415 per month in Akure and $6,072 in London. 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 $109 in London. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 240% more in London, though the gap depends on what you buy.

A $1,200 monthly budget goes further in Akure, where all-in costs run around $277, than in London at $4,048. In Akure it covers expenses comfortably, while in London it requires careful planning or may not stretch far enough.

It depends on your priorities. London has an edge in some lifestyle areas, with costs from $277 in Akure to $4,048 in London. 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, London makes more sense. Both are solid long-term options with distinct trade-offs.