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

Monthly Cost of Living

A single person spends $715 per month in Ife vs $1,129 in Lagos, rent included.

A couple spends around $1,174 per month in Ife vs $1,903 in Lagos, rent included.

A family of three spends $1,633 per month in Ife vs $2,677 in Lagos, rent included.

Ife is about 37% cheaper than Lagos, driven mainly by Groceries & Markets.

Both Ife and Lagos are more affordable than the global median – Ife 47% lower, Lagos 16% lower.

Meal at Budget Restaurant

$2.77 ₦3,767

$2.54 ₦3,457

9.06%

Three-Course Dinner for Two, Mid-Range

$35.63 ₦48.4K

$50.1 ₦68.2K

-28.92%

Fast Food Meal (McDonalds, etc)

$5.19 ₦7,064

$5.44 ₦7,393

-4.60%

Cappuccino

$0.85 ₦1,152

$2.19 ₦2,983

-61.19%

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

$0.47 ₦636

$0.33 ₦454

42.42%

Water (0.33 liter bottle)

$0.28 ₦382

$0.22 ₦300

27.27%

Local Beer (0.5 liter draught)

$0.92 ₦1,250

$0.80 ₦1,091

15.00%

Imported Beer (0.33 liter bottle)

$1.15 ₦1,567

$1.45 ₦1,971

-20.69%

Milk (1 liter)

$2.32 ₦3,155

White Bread (500g)

$0.73 ₦998

$1.20 ₦1,634

-39.17%

Rice (white) (1kg)

$1.78 ₦2,417

$2.35 ₦3,189

-24.26%

Eggs

$2.37 ₦3,221

$1.77 ₦2,410

33.90%

Local Cheese (1kg)

$4.61 ₦6,269

$6.14 ₦8,346

-24.92%

Chicken Fillets (1kg)

$5.26 ₦7,151

$4.21 ₦5,719

24.94%

Beef Round Steak (1kg)

$4.26 ₦5,791

$5.37 ₦7,296

-20.67%

Apples (1kg)

$5.71 ₦7,769

$3.55 ₦4,831

60.85%

Banana (1kg)

$2.05 ₦2,783

Oranges (1kg)

$2.19 ₦2,985

Tomato (1kg)

$2.29 ₦3,114

Potato (1kg)

$0.93 ₦1,262

$2.29 ₦3,109

-59.39%

Onion (1kg)

$1.19 ₦1,624

$1.92 ₦2,614

-38.02%

Lettuce (1 head)

$1.90 ₦2,585

Water (1.5 liter bottle)

$0.35 ₦479

Cigarettes 20 Pack (Marlboro, Camel)

$1.25 ₦1,703

Wine (Bottle)

$2.15 ₦2,925

$2.51 ₦3,418

-14.34%

Local Beer (0.5 liter bottle)

$0.63 ₦853

Imported Beer (0.33 liter bottle)

$0.89 ₦1,207

One-way Ticket (Public Transport)

$0.36 ₦491

$0.69 ₦936

-47.83%

Public Transport Monthly Pass (Regular Price)

$35.65 ₦48.5K

Taxi Start (Normal Tariff)

$1.21 ₦1,644

Taxi (Normal Tariff) (1km)

$2.22 ₦3,021

Taxi 1hour Waiting (Normal Tariff)

$4.77 ₦6,481

Gasoline (1 liter)

$0.38 ₦516

$0.73 ₦996

-47.95%

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

$20.1K ₦27.3M

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

$20.8K ₦28.2M

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

$29.64 ₦40.3K

$41.56 ₦56.5K

-28.68%

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

$5.86 ₦7,975

$10.00 ₦13.6K

-41.40%

Internet (50+ Mbps, Unlimited Data)

$46.69 ₦63.5K

$33.83 ₦46.0K

38.01%

Gym Membership (Monthly)

$23.04 ₦31.3K

$31.18 ₦42.4K

-26.11%

Tennis Court (1 Hour on Weekend)

$12.70 ₦17.3K

Cinema Ticket

$4.74 ₦6,451

$6.32 ₦8,600

-25.00%

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

$46.67 ₦63.5K

$84.5 ₦114.9K

-44.76%

International Primary School, 1 Child (Yearly)

$415 ₦564.0K

$2,289 ₦3.1M

-81.88%

Jeans (Levis 501 Or Similar)

$23.43 ₦31.9K

$18.86 ₦25.7K

24.23%

Summer Dress (H&M, Zara, etc)

$35.55 ₦48.3K

$24.55 ₦33.4K

44.81%

Sport Shoes (Adidas, Nike)

$58.3 ₦79.2K

$65.0 ₦88.4K

-10.31%

Men's Leather Business Shoes

$70.9 ₦96.4K

$57.8 ₦78.6K

22.60%

1-bedroom Apartment, City Center (Monthly)

$597 ₦811.5K

$1,094 ₦1.5M

-45.45%

1-bedroom Apartment, Outside City Center (Monthly)

$357 ₦485.6K

$618 ₦839.7K

-42.16%

3-bedroom Apartment, City Center (Monthly)

$1,187 ₦1.6M

$2,681 ₦3.6M

-55.74%

3-bedroom Apartment, Outside City Center (Monthly)

$706 ₦960.0K

$1,382 ₦1.9M

-48.93%

Buy Apartment in City Center (m2)

$3,187 ₦4.3M

Buy Apartment Outside City Center (m2)

$1,613 ₦2.2M

Average Monthly Net Salary (After Tax)

$52.3 ₦71.1K

$119 ₦162.0K

-56.10%

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: June 7, 2026

Last update for Lagos: June 7, 2026

Cost Breakdown

A central one-bedroom costs $597 in Ife versus $1,094 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 128% higher in Lagos, 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 $36.00 in Ife versus $50.0 in Lagos. Monthly groceries follow the same trend: $115 vs $190 – 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: $715 in Ife, $1,129 in Lagos – roughly 58% apart. Lagos costs more across the board, with Groceries & Markets showing the biggest gap.

For a comfortable life, plan on about $1,073 per month in Ife and $1,693 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 $715 in Ife and $1,129 in Lagos. The difference isn't just one category – it shows up across housing, food, transport, and services.

Kindergarten costs $46.67 per month in Ife and $84.5 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 $715, than in Lagos at $1,129. 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.