Cost of Living Comparison Between Ibadan and Lagos Cost of Living Comparison Between Ibadan and Lagos

🙂 Solo nomad: Ibadan is 30.9% cheaper than Lagos without rent, and 26.3% cheaper with rent.

🙂 Family of 3: Ibadan is 24.6% cheaper than Lagos without rent, and 17.7% cheaper with rent.

Meal at Budget Restaurant

$1.85 ₦2,843

$2.64 ₦4,060

-29.92%

Three-Course Dinner for Two, Mid-Range

$28.67 ₦44.1K

$49.91 ₦76.7K

-42.56%

Fast Food Meal (McDonalds, etc)

$5.43 ₦8,348

$5.43 ₦8,343

Cappuccino

$1.05 ₦1,609

$2.1 ₦3,225

-50.00%

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

$0.27 ₦414

$0.37 ₦565

-27.03%

Water (0.33 liter bottle)

$0.16 ₦246

$0.22 ₦339

-27.27%

Local Beer (0.5 liter draught)

$0.8 ₦1,235

$0.78 ₦1,206

2.56%

Imported Beer (0.33 liter bottle)

$1.27 ₦1,954

$1.39 ₦2,131

-8.63%

Milk (1 liter)

$2.34 ₦3,596

$2.36 ₦3,621

-0.85%

White Bread (500g)

$1.16 ₦1,781

$1.25 ₦1,925

-7.20%

Rice (white) (1kg)

$2.08 ₦3,189

$2.29 ₦3,521

-9.17%

Eggs

$1.69 ₦2,597

$1.77 ₦2,715

-4.52%

Local Cheese (1kg)

$4.22 ₦6,486

$6.31 ₦9,700

-33.12%

Chicken Fillets (1kg)

$4.33 ₦6,654

$4.34 ₦6,669

-0.23%

Beef Round Steak (1kg)

$4.04 ₦6,206

$5.3 ₦8,147

-23.77%

Apples (1kg)

$2.46 ₦3,781

$3.58 ₦5,509

-31.28%

Banana (1kg)

$1.22 ₦1,880

$2.11 ₦3,241

-42.18%

Oranges (1kg)

$1.19 ₦1,823

$2.16 ₦3,325

-44.91%

Tomato (1kg)

$1.62 ₦2,493

$2.34 ₦3,589

-30.77%

Potato (1kg)

$2.16 ₦3,324

$2.41 ₦3,708

-10.37%

Onion (1kg)

$1.52 ₦2,341

$1.94 ₦2,981

-21.65%

Lettuce (1 head)

$0.96 ₦1,480

$2.02 ₦3,102

-52.48%

Water (1.5 liter bottle)

$0.3 ₦454

$0.38 ₦588

-21.05%

Cigarettes 20 Pack (Marlboro, Camel)

$1.32 ₦2,026

$1.27 ₦1,951

3.94%

Wine (Bottle)

$3.16 ₦4,849

$3.17 ₦4,875

-0.32%

Local Beer (0.5 liter bottle)

$0.64 ₦982

$0.65 ₦993

-1.54%

Imported Beer (0.33 liter bottle)

$0.87 ₦1,336

$0.93 ₦1,429

-6.45%

One-way Ticket (Public Transport)

$0.33 ₦507

$0.75 ₦1,152

-56.00%

Public Transport Monthly Pass (Regular Price)

$36.28 ₦55.8K

$35.83 ₦55.1K

1.26%

Taxi Start (Normal Tariff)

$1.25 ₦1,918

$1.19 ₦1,823

5.04%

Taxi (Normal Tariff) (1km)

$1.09 ₦1,668

$2.24 ₦3,447

-51.34%

Taxi 1hour Waiting (Normal Tariff)

$3.66 ₦5,628

$4.82 ₦7,404

-24.07%

Gasoline (1 liter)

$0.56 ₦861

$0.74 ₦1,135

-24.32%

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

$9,459 ₦14.5M

$20.4K ₦31.3M

-53.57%

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

$14.1K ₦21.6M

$20.9K ₦32.1M

-32.51%

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

$21.23 ₦32.6K

$42.25 ₦64.9K

-49.75%

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

$7.84 ₦12K

$10.05 ₦15.4K

-21.99%

Internet (50+ Mbps, Unlimited Data)

$19.67 ₦30.2K

$33.72 ₦51.8K

-41.67%

Gym Membership (Monthly)

$30.22 ₦46.4K

$30.86 ₦47.4K

-2.07%

Tennis Court (1 Hour on Weekend)

$12.47 ₦19.2K

Cinema Ticket

$2.58 ₦3,960

$6.44 ₦9,894

-59.94%

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

$50.5 ₦77.7K

$82.6 ₦126.9K

-38.78%

International Primary School, 1 Child (Yearly)

$1,886 ₦2.9M

$2,270 ₦3.5M

-16.90%

Jeans (Levis 501 Or Similar)

$18.17 ₦27.9K

$19.47 ₦29.9K

-6.68%

Summer Dress (H&M, Zara, etc)

$24.89 ₦38.2K

$24.81 ₦38.1K

0.32%

Sport Shoes (Adidas, Nike)

$43.54 ₦66.9K

$65.5 ₦100.7K

-33.56%

Men's Leather Business Shoes

$30.1 ₦46.3K

$56.4 ₦86.7K

-46.62%

1-bedroom Apartment, City Center (Monthly)

$452 ₦695.4K

$1,070 ₦1.6M

-57.71%

1-bedroom Apartment, Outside City Center (Monthly)

$424 ₦652.3K

$614 ₦943K

-30.82%

3-bedroom Apartment, City Center (Monthly)

$1,251 ₦1.9M

$2,689 ₦4.1M

-53.48%

3-bedroom Apartment, Outside City Center (Monthly)

$1,289 ₦2M

$1,346 ₦2.1M

-4.29%

Buy Apartment in City Center (m2)

$819 ₦1.3M

$1,916 ₦2.9M

-57.27%

Buy Apartment Outside City Center (m2)

$52.9 ₦81.3K

$1,611 ₦2.5M

-96.72%

Average Monthly Net Salary (After Tax)

$118 ₦180.7K

$122 ₦186.9K

-3.30%

20-Year Fixed Mortgage Interest Rate (Annual %)

16.33

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

Last update for Ibadan: October 28, 2025

Last update for Lagos: October 29, 2025

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