Last update: Oct 2026

Cost of Living Comparison Between Cotacachi and Lagos

For one person, living is cheaper in Cotacachi: $717 a month against $952 in Lagos, rent and utilities included – about $2,800 less a year. Higher rent and utilities in Lagos outweigh lower spending on other living expenses.

34

Cost of Living Index in Cotacachi
Learn more

Cotacachi Living Index
46

Cost of Living Index in Lagos
Learn more

Lagos Living Index

Jump to prices

Cotacachi

🇪🇨 Ecuador

$717

/mo nomad

Lagos

🇳🇬 Nigeria

$952

/mo nomad

Monthly Cost of Living

How much you'll spend in Cotacachi 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 Cotacachi and in Lagos actually costs, broken down by who's living it.

Monthly costs for one person with rent: $717 in Cotacachi versus $952 in Lagos.

Cotacachi $717
Lagos $952

Estimated couple costs with rent: $1,170 in Cotacachi versus $1,852 in Lagos.

Cotacachi $1,170
Lagos $1,852

Monthly costs for a family of three with rent: $1,623 in Cotacachi versus $2,753 in Lagos.

Cotacachi $1,623
Lagos $2,753

Living in Cotacachi costs roughly 25% less than in Lagos, and outside of rent the biggest gap is in utilities.

Both cities sit below the global median: Cotacachi 47% lower, Lagos 30% lower.

Meal at Budget Restaurant

$3.88 $3.88

$3.62 ₦4,851

7.18%

Three-Course Dinner for Two, Mid-Range

$25.87 $25.87

$50.7 ₦67.9K

-48.94%

Fast Food Meal (McDonalds, etc)

$4.58 $4.58

$7.67 ₦10.3K

-40.29%

Cappuccino

$2.21 $2.21

$2.82 ₦3,778

-21.63%

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

$1.36 $1.36

$0.43 ₦578

216.28%

Water (0.33 liter bottle)

$0.80 $0.80

$0.24 ₦324

233.33%

Local Beer (0.5 liter draught)

$1.97 $1.97

$0.97 ₦1,305

103.09%

Imported Beer (0.33 liter bottle)

$4.01 $4.01

$1.95 ₦2,619

105.64%

Milk (1 liter)

$1.10 $1.10

$3.20 ₦4,293

-65.63%

White Bread (500g)

$1.53 $1.53

$1.49 ₦1,997

2.68%

Rice (white) (1kg)

$1.52 $1.52

$1.26 ₦1,692

20.63%

Eggs

$2.11 $2.11

$2.27 ₦3,044

-7.05%

Local Cheese (1kg)

$6.40 $6.40

$3.42 ₦4,587

87.13%

Chicken Fillets (1kg)

$5.27 $5.27

$3.77 ₦5,050

39.79%

Beef Round Steak (1kg)

$7.46 $7.46

$4.36 ₦5,843

71.10%

Apples (1kg)

$2.21 $2.21

$1.63 ₦2,187

35.58%

Banana (1kg)

$1.14 $1.14

$1.33 ₦1,779

-14.29%

Oranges (1kg)

$1.32 $1.32

$1.13 ₦1,514

16.81%

Tomato (1kg)

$1.10 $1.10

$1.49 ₦1,999

-26.17%

Potato (1kg)

$1.24 $1.24

$1.61 ₦2,158

-22.98%

Onion (1kg)

$1.06 $1.06

$1.52 ₦2,037

-30.26%

Lettuce (1 head)

$0.83 $0.83

$0.89 ₦1,190

-6.74%

Water (1.5 liter bottle)

$1.03 $1.03

$0.40 ₦531

157.50%

Cigarettes 20 Pack (Marlboro, Camel)

$4.46 $4.46

$0.55 ₦735

710.91%

Wine (Bottle)

$7.35 $7.35

$2.37 ₦3,179

210.13%

Local Beer (0.5 liter bottle)

$1.51 $1.51

$0.54 ₦719

179.63%

Imported Beer (0.33 liter bottle)

$3.05 $3.05

$0.50 ₦666

510.00%

One-way Ticket (Public Transport)

$0.45 $0.45

$0.38 ₦512

18.42%

Public Transport Monthly Pass (Regular Price)

$15.03 $15.03

$21.99 ₦29.5K

-31.65%

Taxi Start (Normal Tariff)

$1.24 $1.24

$0.70 ₦934

77.14%

Taxi (Normal Tariff) (1km)

$0.97 $0.97

$0.97 ₦1,296

Taxi 1hour Waiting (Normal Tariff)

$9.89 $9.89

$2.10 ₦2,821

370.95%

Gasoline (1 liter)

$0.77 $0.77

$0.85 ₦1,137

-9.41%

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

$22.7K $22.7K

$11.3K ₦15.2M

100.59%

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

$29.9K $29.9K

$29.0K ₦38.9M

3.07%

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

$29.09 $29.09

$112 ₦149.6K

-73.94%

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

$12.57 $12.57

$14.92 ₦20.0K

-15.75%

Internet (50+ Mbps, Unlimited Data)

$26.27 $26.27

$32.44 ₦43.5K

-19.02%

Gym Membership (Monthly)

$30.56 $30.56

$27.80 ₦37.3K

9.93%

Tennis Court (1 Hour on Weekend)

$10.16 $10.16

$6.91 ₦9,263

47.03%

Cinema Ticket

$6.52 $6.52

$6.23 ₦8,350

4.65%

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

$76.0 $76.0

$654 ₦876.4K

-88.39%

International Primary School, 1 Child (Yearly)

$2,952 $2,952

$20.1K ₦26.9M

-85.29%

Jeans (Levis 501 Or Similar)

$41.41 $41.41

$14.83 ₦19.9K

179.23%

Summer Dress (H&M, Zara, etc)

$42.47 $42.47

$17.94 ₦24.0K

136.73%

Sport Shoes (Adidas, Nike)

$95.1 $95.1

$36.62 ₦49.1K

159.72%

Men's Leather Business Shoes

$59.2 $59.2

$47.49 ₦63.6K

24.72%

1-bedroom Apartment, City Center (Monthly)

$264 $264

$704 ₦943.8K

-62.48%

1-bedroom Apartment, Outside City Center (Monthly)

$190 $190

$417 ₦559.5K

-54.50%

3-bedroom Apartment, City Center (Monthly)

$473 $473

$2,809 ₦3.8M

-83.18%

3-bedroom Apartment, Outside City Center (Monthly)

$414 $414

$1,498 ₦2.0M

-72.33%

Buy Apartment in City Center (m2)

$598 $598

$3,242 ₦4.3M

-81.57%

Buy Apartment Outside City Center (m2)

$517 $517

$1,607 ₦2.2M

-67.85%

Average Monthly Net Salary (After Tax)

$433 $433

$118 ₦157.9K

267.57%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.12

18.39

-44.97%

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

Last update for Cotacachi: October 25, 2026

Last update for Lagos: October 26, 2026

Monthly budget structure

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

Accommodation & Living

Cotacachi

$190 26.5%

Lagos

$417 43.9% 120% $227

Groceries & Markets

Cotacachi

$187 26.1%

Lagos

$156 16.4% 16.7% $31

Clothing & Footwear

Cotacachi

$107 15%

Lagos

$53 5.5% 50.9% $55

Eating Out

Cotacachi

$98 13.6%

Lagos

$97 10.2% 0.5% $0.5

Monthly Utilities & Internet

Cotacachi

$68 9.5%

Lagos

$159 16.7% 134% $91

Sport & Entertainment

Cotacachi

$44 6.1%

Lagos

$40 4.2% 7.7% $3.4

Getting Around

Cotacachi

$23 3.2%

Lagos

$29 3.1% 26.9% $6.2

Cost Breakdown

A one-bedroom apartment in the center runs $264 in Cotacachi and $704 in Lagos. Housing cost is often the main lever when comparing two cities.

Cotacachi pays about 3.7 times more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $26 in Cotacachi vs $51 in Lagos. Groceries flip the comparison at $187 vs $156, with Lagos cheaper for home cooking.

Good to know

🇪🇨 Cotacachi

🇳🇬 Lagos

🕒 Local time

09:01 9:01 AM

15:01 3:01 PM

6 h ahead of Cotacachi

🌤 Weather

👥 Population

8,238

10,404,112

💱 Currency

United States Dollar USD $

Nigerian Naira NGN ₦

📈 Exchange rate

1 USD = 0.899 EUR

10,000 NGN = 7.46 USD

10,000 NGN = 6.7 EUR

Exchange rates and currency converter

NGN, EUR to USD – United States Dollar Converter

🇳🇬 Nigerian Naira (₦)

🇺🇸 United States Dollar ($)

United States Dollar exchange rates as of October 28, 2026: 1 EUR = 1.11 USD (1 USD = 0.899 EUR).

Nigerian Naira exchange rates as of October 28, 2026: 1 USD = 1,340 NGN (10,000 NGN = 7.46 USD). 1 EUR = 1,492 NGN (10,000 NGN = 6.7 EUR).

NGN to USD in detail →

On the map

Lowest

Highest

Between locations

Cotacachi Lagos 9,090 km ≈ 12 h nonstop flight

From you

Cotacachi
Lagos

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

Cotacachi vs Lagos: Cost of Living - Frequently Asked Questions

Cotacachi and Lagos differ by about 33% in total monthly costs ($717 vs $952 including rent). Cotacachi is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Average pay in Cotacachi is about 3.7 times higher, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $264 in Cotacachi versus $704 in Lagos. Housing is usually the single largest factor when comparing overall living costs between the two.

A monthly transit pass in Cotacachi runs roughly 32% less than in Lagos. Both cities have functional networks, but the price difference matters if you’re watching your budget.

Childcare runs $76 in Cotacachi versus $654 in Lagos. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Either city works on $1,200 a month, though Cotacachi gives you more room to save. At this income level, the choice is more about lifestyle than financial pressure.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.