Cost of Living Comparison Between Ife and Lagos Cost of Living Comparison Between Ife and Lagos

Monthly Cost of Living

A single person spends $738 per month in Ife vs $1,160 in Lagos, rent included.

A couple spends around $1,184 per month in Ife vs $1,898 in Lagos, rent included.

A family of three spends $1,630 per month in Ife vs $2,636 in Lagos, rent included.

Ife is about 36% cheaper than Lagos, driven mainly by Groceries & Markets.

Both Ife and Lagos are more affordable than the global median – Ife 45% lower, Lagos 13% lower.

Meal at Budget Restaurant

$2.81 ₦3,839

$2.60 ₦3,554

8.08%

Three-Course Dinner for Two, Mid-Range

$34.94 ₦47.7K

$50.6 ₦69.1K

-30.92%

Fast Food Meal (McDonalds, etc)

$5.48 ₦7,480

$5.18 ₦7,075

5.79%

Cappuccino

$0.78 ₦1,065

$2.10 ₦2,869

-62.86%

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

$0.50 ₦686

$0.34 ₦459

47.06%

Water (0.33 liter bottle)

$0.26 ₦355

$0.20 ₦273

30.00%

Local Beer (0.5 liter draught)

$0.95 ₦1,302

$0.83 ₦1,139

14.46%

Imported Beer (0.33 liter bottle)

$1.14 ₦1,553

$1.38 ₦1,886

-17.39%

Milk (1 liter)

$2.24 ₦3,064

White Bread (500g)

$0.73 ₦996

$1.21 ₦1,647

-39.67%

Rice (white) (1kg)

$1.74 ₦2,382

$2.34 ₦3,201

-25.64%

Eggs

$2.34 ₦3,190

$1.78 ₦2,433

31.46%

Local Cheese (1kg)

$4.63 ₦6,323

$6.31 ₦8,612

-26.62%

Chicken Fillets (1kg)

$5.06 ₦6,912

$4.20 ₦5,743

20.48%

Beef Round Steak (1kg)

$4.27 ₦5,835

$5.29 ₦7,232

-19.28%

Apples (1kg)

$5.79 ₦7,909

$3.56 ₦4,861

62.64%

Banana (1kg)

$2.04 ₦2,791

Oranges (1kg)

$2.10 ₦2,864

Tomato (1kg)

$2.30 ₦3,138

Potato (1kg)

$0.90 ₦1,231

$2.37 ₦3,237

-62.03%

Onion (1kg)

$1.14 ₦1,558

$1.94 ₦2,644

-41.24%

Lettuce (1 head)

$1.93 ₦2,639

Water (1.5 liter bottle)

$0.38 ₦522

Cigarettes 20 Pack (Marlboro, Camel)

$1.31 ₦1,795

Wine (Bottle)

$6.93 ₦9,464

$3.13 ₦4,271

121.41%

Local Beer (0.5 liter bottle)

$0.67 ₦918

Imported Beer (0.33 liter bottle)

$0.93 ₦1,275

One-way Ticket (Public Transport)

$0.37 ₦500

$0.75 ₦1,021

-50.67%

Public Transport Monthly Pass (Regular Price)

$35.73 ₦48.8K

Taxi Start (Normal Tariff)

$1.20 ₦1,635

Taxi (Normal Tariff) (1km)

$2.22 ₦3,035

Taxi 1hour Waiting (Normal Tariff)

$4.80 ₦6,554

Gasoline (1 liter)

$0.41 ₦555

$0.74 ₦1,015

-44.59%

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

$20.7K ₦28.3M

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

$20.2K ₦27.5M

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

$30.15 ₦41.2K

$40.87 ₦55.8K

-26.23%

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

$5.92 ₦8,082

$10.35 ₦14.1K

-42.80%

Internet (50+ Mbps, Unlimited Data)

$47.68 ₦65.1K

$33.87 ₦46.3K

40.77%

Gym Membership (Monthly)

$23.35 ₦31.9K

$31.73 ₦43.3K

-26.41%

Tennis Court (1 Hour on Weekend)

$12.53 ₦17.1K

Cinema Ticket

$4.64 ₦6,333

$6.15 ₦8,400

-24.55%

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

$46.16 ₦63.0K

$82.7 ₦112.9K

-44.17%

International Primary School, 1 Child (Yearly)

$424 ₦578.5K

$2,286 ₦3.1M

-81.47%

Jeans (Levis 501 Or Similar)

$23.07 ₦31.5K

$19.23 ₦26.3K

19.97%

Summer Dress (H&M, Zara, etc)

$34.48 ₦47.1K

$25.13 ₦34.3K

37.21%

Sport Shoes (Adidas, Nike)

$57.8 ₦78.9K

$63.5 ₦86.7K

-8.92%

Men's Leather Business Shoes

$69.7 ₦95.2K

$57.2 ₦78.1K

21.94%

1-bedroom Apartment, City Center (Monthly)

$586 ₦800.2K

$1,068 ₦1.5M

-45.12%

1-bedroom Apartment, Outside City Center (Monthly)

$348 ₦475.2K

$624 ₦852.6K

-44.26%

3-bedroom Apartment, City Center (Monthly)

$1,151 ₦1.6M

$2,673 ₦3.7M

-56.92%

3-bedroom Apartment, Outside City Center (Monthly)

$689 ₦941.0K

$1,373 ₦1.9M

-49.81%

Buy Apartment in City Center (m2)

$3,324 ₦4.5M

Buy Apartment Outside City Center (m2)

$1,809 ₦2.5M

Average Monthly Net Salary (After Tax)

$163 ₦222.5K

$130 ₦177.2K

25.56%

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 Ife: April 27, 2026

Last update for Lagos: April 26, 2026

Cost Breakdown

A central one-bedroom costs $586 in Ife versus $1,068 in Lagos. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 26% higher in Ife, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $35.00 in Ife versus $51.0 in Lagos. Monthly groceries follow the same trend: $123 vs $192 – making Ife the more affordable choice for daily food spending.

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

Ife vs Lagos: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $738 in Ife, $1,160 in Lagos – roughly 57% apart. Lagos costs more across the board, with Groceries & Markets showing the biggest gap.

For a comfortable life, plan on about $1,106 per month in Ife and $1,740 in Lagos. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Ife, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Monthly expenses with rent come to $738 in Ife and $1,160 in Lagos. The difference isn't just one category – it shows up across housing, food, transport, and services.

Kindergarten costs $46.16 per month in Ife and $82.7 in Lagos. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $2,000 monthly budget goes further in Ife, where all-in costs run around $738, than in Lagos at $1,160. In Ife it covers expenses comfortably, while in Lagos it requires careful planning or may not stretch far enough.

Families tend to lean toward Ife – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

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