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

😐 Solo nomad: Lagos is 39.8% more expensive than Ibadan without rent, and 41.7% more expensive with rent.

😐 Family of 3: Lagos is 58% more expensive than Ibadan without rent, and 20.8% more expensive with rent.

Meal at Budget Restaurant

$2.64 ₦3,650

$1.84 ₦2,538

43.48%

Three-Course Dinner for Two, Mid-Range

$49.36 ₦68.2K

$28.44 ₦39.3K

73.56%

Fast Food Meal (McDonalds, etc)

$5.37 ₦7,411

$5.36 ₦7,397

0.19%

Cappuccino

$2.13 ₦2,940

$1.05 ₦1,450

102.86%

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

$0.37 ₦505

$0.27 ₦369

37.04%

Water (0.33 liter bottle)

$0.20 ₦276

$0.17 ₦239

17.65%

Local Beer (0.5 liter draught)

$0.79 ₦1,089

$0.74 ₦1,024

6.76%

Imported Beer (0.33 liter bottle)

$1.45 ₦1,998

$1.33 ₦1,833

9.02%

Milk (1 liter)

$2.36 ₦3,252

$2.27 ₦3,140

3.96%

White Bread (500g)

$1.24 ₦1,719

$1.18 ₦1,634

5.08%

Rice (white) (1kg)

$2.31 ₦3,195

$2.10 ₦2,905

10.00%

Eggs

$1.71 ₦2,356

$1.74 ₦2,409

-1.72%

Local Cheese (1kg)

$6.33 ₦8,740

$4.34 ₦5,998

45.85%

Chicken Fillets (1kg)

$4.29 ₦5,930

$4.20 ₦5,805

2.14%

Beef Round Steak (1kg)

$5.30 ₦7,322

$4.03 ₦5,559

31.51%

Apples (1kg)

$3.44 ₦4,750

$2.46 ₦3,403

39.84%

Banana (1kg)

$2.03 ₦2,799

$1.18 ₦1,630

72.03%

Oranges (1kg)

$2.20 ₦3,037

$1.22 ₦1,678

80.33%

Tomato (1kg)

$2.38 ₦3,287

$1.67 ₦2,308

42.51%

Potato (1kg)

$2.29 ₦3,162

$2.14 ₦2,953

7.01%

Onion (1kg)

$1.93 ₦2,669

$1.50 ₦2,068

28.67%

Lettuce (1 head)

$1.93 ₦2,664

$0.90 ₦1,247

114.44%

Water (1.5 liter bottle)

$0.38 ₦526

$0.33 ₦449

15.15%

Cigarettes 20 Pack (Marlboro, Camel)

$1.26 ₦1,736

$1.26 ₦1,739

Wine (Bottle)

$3.20 ₦4,419

$3.04 ₦4,195

5.26%

Local Beer (0.5 liter bottle)

$0.64 ₦889

$0.64 ₦885

Imported Beer (0.33 liter bottle)

$0.87 ₦1,200

$0.95 ₦1,312

-8.42%

One-way Ticket (Public Transport)

$0.74 ₦1,015

$0.36 ₦491

105.56%

Public Transport Monthly Pass (Regular Price)

$36.09 ₦49.8K

$36.01 ₦49.7K

0.22%

Taxi Start (Normal Tariff)

$1.23 ₦1,699

$1.26 ₦1,734

-2.38%

Taxi (Normal Tariff) (1km)

$2.26 ₦3,117

$1.08 ₦1,485

109.26%

Taxi 1hour Waiting (Normal Tariff)

$4.58 ₦6,323

$3.64 ₦5,029

25.82%

Gasoline (1 liter)

$0.77 ₦1,070

$0.57 ₦783

35.09%

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

$20.1K ₦27.7M

$9,472 ₦13.1M

111.82%

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

$20.2K ₦27.9M

$14.2K ₦19.6M

42.39%

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

$42.08 ₦58.1K

$20.87 ₦28.8K

101.63%

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

$10.29 ₦14.2K

$7.82 ₦10.8K

31.59%

Internet (50+ Mbps, Unlimited Data)

$33.72 ₦46.6K

$19.80 ₦27.3K

70.30%

Gym Membership (Monthly)

$30.74 ₦42.4K

$30.32 ₦41.9K

1.39%

Tennis Court (1 Hour on Weekend)

$12.57 ₦17.4K

Cinema Ticket

$6.51 ₦8,991

$2.69 ₦3,710

142.01%

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

$83.1 ₦114.7K

$50.0 ₦69.0K

66.14%

International Primary School, 1 Child (Yearly)

$2,331 ₦3.2M

$1,919 ₦2.6M

21.51%

Jeans (Levis 501 Or Similar)

$19.46 ₦26.9K

$18.76 ₦25.9K

3.73%

Summer Dress (H&M, Zara, etc)

$24.30 ₦33.6K

$24.71 ₦34.1K

-1.66%

Sport Shoes (Adidas, Nike)

$64.3 ₦88.7K

$42.90 ₦59.2K

49.79%

Men's Leather Business Shoes

$56.5 ₦78.1K

$29.27 ₦40.4K

93.13%

1-bedroom Apartment, City Center (Monthly)

$1,070 ₦1.5M

$452 ₦624.0K

136.87%

1-bedroom Apartment, Outside City Center (Monthly)

$609 ₦840.6K

$428 ₦591.2K

42.19%

3-bedroom Apartment, City Center (Monthly)

$2,767 ₦3.8M

$1,215 ₦1.7M

127.86%

3-bedroom Apartment, Outside City Center (Monthly)

$1,389 ₦1.9M

$1,271 ₦1.8M

9.35%

Buy Apartment in City Center (m2)

$3,302 ₦4.6M

$822 ₦1.1M

301.64%

Buy Apartment Outside City Center (m2)

$1,788 ₦2.5M

$52.0 ₦71.8K

3339.52%

Average Monthly Net Salary (After Tax)

$119 ₦163.7K

$119 ₦163.8K

-0.04%

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 Lagos: March 2, 2026

Last update for Ibadan: March 1, 2026

City Median Internet Speeds Comparison (Updated December 2025)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

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