Last update: Oct 2026

Cost of Living Comparison Between Lagos, Portugal and Yerevan

For one person, living is cheaper in Yerevan: $1,570 a month against $2,044 in Lagos, rent and utilities included – about $5,700 less a year. Rent and utilities account for most of the difference.

98

Cost of Living Index in Lagos
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Lagos Living Index
76

Cost of Living Index in Yerevan
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Yerevan Living Index

Jump to prices

Lagos

🇵🇹 Portugal

$2,044

/mo nomad

Yerevan

🇦🇲 Armenia

$1,570

/mo nomad

Monthly Cost of Living

How much you'll spend in Lagos and in Yerevan

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Lagos and in Yerevan actually costs, broken down by who's living it.

Monthly costs for one person with rent: $2,044 in Lagos versus $1,570 in Yerevan.

Lagos $2,044
Yerevan $1,570

Estimated couple costs with rent: $3,081 in Lagos versus $2,272 in Yerevan.

Lagos $3,081
Yerevan $2,272

Monthly costs for a family of three with rent: $4,117 in Lagos versus $2,974 in Yerevan.

Lagos $4,117
Yerevan $2,974

Living in Lagos is roughly 30% more expensive than in Yerevan, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: Lagos 50% above, Yerevan 15% above.

Meal at Budget Restaurant

$12.18 €10.91

$11.24 ֏4,044

8.36%

Three-Course Dinner for Two, Mid-Range

$56.5 €50.6

$49.35 ֏17.7K

14.55%

Fast Food Meal (McDonalds, etc)

$7.89 €7.07

$9.93 ֏3,570

-20.54%

Cappuccino

$2.65 €2.37

$3.70 ֏1,332

-28.38%

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

$2.44 €2.18

$1.19 ֏428

105.04%

Water (0.33 liter bottle)

$1.72 €1.54

$0.66 ֏236

160.61%

Local Beer (0.5 liter draught)

$3.98 €3.56

$2.70 ֏973

47.41%

Imported Beer (0.33 liter bottle)

$4.39 €3.93

$3.30 ֏1,187

33.03%

Milk (1 liter)

$1.03 €0.92

$1.60 ֏574

-35.63%

White Bread (500g)

$2.40 €2.15

$0.98 ֏352

144.90%

Rice (white) (1kg)

$2.11 €1.89

$2.24 ֏805

-5.80%

Eggs

$3.54 €3.17

$2.75 ֏988

28.73%

Local Cheese (1kg)

$17.50 €15.67

$8.35 ֏3,005

109.58%

Chicken Fillets (1kg)

$8.21 €7.35

$7.64 ֏2,746

7.46%

Beef Round Steak (1kg)

$15.28 €13.69

$14.04 ֏5,049

8.83%

Apples (1kg)

$2.85 €2.56

$1.48 ֏532

92.57%

Banana (1kg)

$1.37 €1.23

$1.75 ֏628

-21.71%

Oranges (1kg)

$1.77 €1.59

$1.93 ֏695

-8.29%

Tomato (1kg)

$2.67 €2.39

$2.50 ֏898

6.80%

Potato (1kg)

$2.00 €1.79

$0.73 ֏262

173.97%

Onion (1kg)

$2.09 €1.87

$0.68 ֏246

207.35%

Lettuce (1 head)

$1.31 €1.17

$0.98 ֏352

33.67%

Water (1.5 liter bottle)

$0.38 €0.34

$0.74 ֏267

-48.65%

Cigarettes 20 Pack (Marlboro, Camel)

$5.74 €5.14

$2.79 ֏1,005

105.73%

Wine (Bottle)

$4.53 €4.06

$9.53 ֏3,427

-52.47%

Local Beer (0.5 liter bottle)

$0.91 €0.82

$1.51 ֏544

-39.74%

Imported Beer (0.33 liter bottle)

$2.76 €2.47

$2.04 ֏734

35.29%

One-way Ticket (Public Transport)

$1.70 €1.52

$0.44 ֏158

286.36%

Public Transport Monthly Pass (Regular Price)

$33.85 €30.32

$25.12 ֏9,033

34.75%

Taxi Start (Normal Tariff)

$5.71 €5.12

$1.35 ֏485

322.96%

Taxi (Normal Tariff) (1km)

$0.99 €0.89

$0.57 ֏204

73.68%

Taxi 1hour Waiting (Normal Tariff)

$13.13 ֏4,723

Gasoline (1 liter)

$2.01 €1.80

$1.61 ֏577

24.84%

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

$33.1K €29.7K

$34.7K ֏12.5M

-4.53%

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

$35.2K €31.5K

$29.6K ֏10.6M

18.99%

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

$146 €131

$123 ֏44.1K

19.04%

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

$21.33 €19.10

$8.95 ֏3,220

138.32%

Internet (50+ Mbps, Unlimited Data)

$43.62 €39.07

$23.92 ֏8,602

82.36%

Gym Membership (Monthly)

$54.4 €48.75

$70.2 ֏25.3K

-22.51%

Tennis Court (1 Hour on Weekend)

$28.31 €25.36

$33.68 ֏12.1K

-15.94%

Cinema Ticket

$6.26 €5.60

$8.09 ֏2,910

-22.62%

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

$521 €466

$343 ֏123.3K

51.79%

International Primary School, 1 Child (Yearly)

$11.1K €9,982

$10.1K ֏3.6M

9.91%

Jeans (Levis 501 Or Similar)

$81.7 €73.2

$102 ֏36.7K

-19.92%

Summer Dress (H&M, Zara, etc)

$48.89 €43.78

$56.7 ֏20.4K

-13.79%

Sport Shoes (Adidas, Nike)

$69.9 €62.6

$127 ֏45.7K

-44.99%

Men's Leather Business Shoes

$113 €101

$150 ֏54.0K

-24.68%

1-bedroom Apartment, City Center (Monthly)

$1,144 €1,024

$1,078 ֏387.7K

6.10%

1-bedroom Apartment, Outside City Center (Monthly)

$1,098 €983

$673 ֏242.1K

63.05%

3-bedroom Apartment, City Center (Monthly)

$2,395 €2,145

$1,450 ֏521.5K

65.20%

3-bedroom Apartment, Outside City Center (Monthly)

$1,959 €1,755

$922 ֏331.7K

112.47%

Buy Apartment in City Center (m2)

$3,962 €3,548

$3,199 ֏1.2M

23.84%

Buy Apartment Outside City Center (m2)

$4,826 €4,322

$1,675 ֏602.2K

188.17%

Average Monthly Net Salary (After Tax)

$1,213 €1,086

$680 ֏244.5K

78.44%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.85

13.42

-71.31%

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

Last update for Lagos: October 26, 2026

Last update for Yerevan: October 26, 2026

Monthly budget structure

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

Accommodation & Living

Lagos

$1.1K 53.7%

Yerevan

$673 42.9% 38.7% $424

Groceries & Markets

Lagos

$278 13.6%

Yerevan

$236 15% 15.2% $42

Monthly Utilities & Internet

Lagos

$211 10.3%

Yerevan

$155 9.9% 26.3% $55

Eating Out

Lagos

$198 9.7%

Yerevan

$192 12.2% 3.3% $6.5

Clothing & Footwear

Lagos

$141 6.9%

Yerevan

$196 12.5% 39% $55

Sport & Entertainment

Lagos

$67 3.3%

Yerevan

$86 5.5% 29.1% $19

Getting Around

Lagos

$51 2.5%

Yerevan

$31 2% 39.5% $20

Cost Breakdown

A one-bedroom apartment in the center runs $1,144 in Lagos and $1,078 in Yerevan. Housing cost is often the main lever when comparing two cities.

Lagos pays 78% more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $57 in Lagos vs $49 in Yerevan for a mid-range dinner for two. Groceries echo the gap at $278 vs $236 per month, with Yerevan cheaper across the board.

Good to know

🇵🇹 Lagos

🇦🇲 Yerevan

🕒 Local time

18:13 6:13 PM

22:13 10:13 PM

4 h ahead of Lagos

🌤 Weather

👥 Population

33,500

1,129,300 Capital

💱 Currency

Euro EUR €

Armenian Dram AMD ֏

📈 Exchange rate

1 EUR = 1.12 USD

1,000 AMD = 2.78 USD

1,000 AMD = 2.49 EUR

Exchange rates and currency converter

AMD, USD to EUR – Euro Converter

🇺🇸 United States Dollar ($)

🇪🇺 Euro (€)

Euro exchange rates as of November 1, 2026: 1 USD = 0.896 EUR (1 EUR = 1.12 USD).

Armenian Dram exchange rates as of November 1, 2026: 1 USD = 360 AMD (1,000 AMD = 2.78 USD). 1 EUR = 402 AMD (1,000 AMD = 2.49 EUR).

USD to EUR in detail →

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Lagos Yerevan 4,560 km ≈ 6 h nonstop flight

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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

Lagos vs Yerevan: Cost of Living - Frequently Asked Questions

Total monthly costs including rent come to $2,044 in Lagos and $1,570 in Yerevan, so Yerevan is about 23% cheaper – a gap that matters a lot on a fixed or modest income.

Average pay runs 78% higher in Lagos, 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: $1,144 in Lagos versus $1,078 in Yerevan. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 18% higher in Lagos. For households that cook at home regularly, that difference adds up over a month.

Dining out is cheaper in Yerevan – a meal for two runs $49 versus $57 in Lagos. If you eat out regularly, this makes a real dent in your monthly spending.

At $1,570 in Yerevan versus $2,044 in Lagos, a $2,000 budget is realistic in Yerevan but tight or insufficient in Lagos. The gap between the two cities makes Yerevan the clear choice for anyone on this budget.

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.

Safety-wise, Lagos and Yerevan are both considered safe, so it’s unlikely to be the deciding factor between them.

Expats usually find Yerevan gentler on the wallet – expenses run 23% less than in Lagos. Beyond cost, consider language, visa policies, and how big the international community is in each city.