Last update: Nov 2026

Cost of Living Comparison Between Lagos and London

For one person, living is cheaper in Lagos: $964 a month against $4,048 in London, rent and utilities included – about $37,000 less a year. Rent and utilities account for most of the difference.

46

Cost of Living Index in Lagos
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Lagos Living Index
196

Cost of Living Index in London
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London Living Index

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Lagos

🇳🇬 Nigeria

$964

/mo nomad

London

🇬🇧 United Kingdom

$4,048

/mo nomad

Monthly Cost of Living

How much you'll spend in Lagos and in London

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 London actually costs, broken down by who's living it.

A single person spends $964 per month in Lagos vs $4,048 in London, rent included.

Lagos $964
London $4,048

A couple spends around $1,871 per month in Lagos vs $5,903 in London, rent included.

Lagos $1,871
London $5,903

A family of three spends $2,777 per month in Lagos vs $7,758 in London, rent included.

Lagos $2,777
London $7,758

Lagos is about 76% cheaper than London, and outside of rent the biggest gap is in eating out.

Lagos sits 29% below the global median, while London is 199% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$3.78 ₦5,080

$26.36 £19.59

-85.66%

Three-Course Dinner for Two, Mid-Range

$50.0 ₦67.3K

$109 £80.7

-53.91%

Fast Food Meal (McDonalds, etc)

$7.39 ₦9,936

$10.71 £7.96

-31.00%

Cappuccino

$2.87 ₦3,854

$5.59 £4.15

-48.66%

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

$0.44 ₦592

$3.00 £2.23

-85.33%

Water (0.33 liter bottle)

$0.22 ₦295

$2.22 £1.65

-90.09%

Local Beer (0.5 liter draught)

$1.03 ₦1,382

$9.65 £7.17

-89.33%

Imported Beer (0.33 liter bottle)

$2.02 ₦2,719

$8.26 £6.14

-75.54%

Milk (1 liter)

$3.14 ₦4,226

$1.97 £1.46

59.39%

White Bread (500g)

$1.43 ₦1,919

$2.09 £1.55

-31.58%

Rice (white) (1kg)

$1.20 ₦1,614

$2.59 £1.93

-53.67%

Eggs

$2.24 ₦3,010

$5.37 £3.99

-58.29%

Local Cheese (1kg)

$3.45 ₦4,646

$13.12 £9.75

-73.70%

Chicken Fillets (1kg)

$3.92 ₦5,265

$11.03 £8.20

-64.46%

Beef Round Steak (1kg)

$4.35 ₦5,847

$17.73 £13.18

-75.47%

Apples (1kg)

$1.68 ₦2,261

$3.17 £2.36

-47.00%

Banana (1kg)

$1.26 ₦1,688

$1.38 £1.03

-8.70%

Oranges (1kg)

$1.10 ₦1,477

$2.82 £2.10

-60.99%

Tomato (1kg)

$1.26 ₦1,688

$3.36 £2.50

-62.50%

Potato (1kg)

$1.46 ₦1,970

$1.70 £1.26

-14.12%

Onion (1kg)

$1.92 ₦2,580

$1.78 £1.32

7.87%

Lettuce (1 head)

$0.90 ₦1,212

$1.49 £1.11

-39.60%

Water (1.5 liter bottle)

$0.40 ₦532

$1.82 £1.35

-78.02%

Cigarettes 20 Pack (Marlboro, Camel)

$0.58 ₦779

$23.85 £17.73

-97.57%

Wine (Bottle)

$2.64 ₦3,554

$13.44 £9.99

-80.36%

Local Beer (0.5 liter bottle)

$0.54 ₦732

$3.11 £2.31

-82.64%

Imported Beer (0.33 liter bottle)

$0.49 ₦662

$4.49 £3.34

-89.09%

One-way Ticket (Public Transport)

$0.78 ₦1,048

$4.13 £3.07

-81.11%

Public Transport Monthly Pass (Regular Price)

$21.97 ₦29.6K

$266 £198

-91.74%

Taxi Start (Normal Tariff)

$0.70 ₦938

$5.98 £4.45

-88.29%

Taxi (Normal Tariff) (1km)

$0.95 ₦1,275

$3.39 £2.52

-71.98%

Taxi 1hour Waiting (Normal Tariff)

$2.21 ₦2,968

$56.6 £42.03

-96.09%

Gasoline (1 liter)

$0.92 ₦1,241

$2.21 £1.64

-58.37%

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

$11.4K ₦15.3M

$38.3K £28.4K

-70.28%

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

$30.8K ₦41.5M

$41.0K £30.5K

-24.84%

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

$113 ₦152.1K

$372 £277

-69.62%

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

$14.67 ₦19.7K

$18.66 £13.87

-21.38%

Internet (50+ Mbps, Unlimited Data)

$35.64 ₦47.9K

$40.53 £30.13

-12.07%

Gym Membership (Monthly)

$28.38 ₦38.2K

$56.0 £41.63

-49.34%

Tennis Court (1 Hour on Weekend)

$6.90 ₦9,277

$17.10 £12.71

-59.65%

Cinema Ticket

$6.35 ₦8,536

$17.95 £13.34

-64.62%

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

$661 ₦889.3K

$2,946 £2,189

-77.55%

International Primary School, 1 Child (Yearly)

$18.6K ₦25.0M

$47.6K £35.4K

-60.92%

Jeans (Levis 501 Or Similar)

$14.47 ₦19.5K

$116 £86.4

-87.55%

Summer Dress (H&M, Zara, etc)

$18.12 ₦24.4K

$56.9 £42.29

-68.15%

Sport Shoes (Adidas, Nike)

$36.71 ₦49.4K

$128 £95.1

-71.30%

Men's Leather Business Shoes

$47.80 ₦64.3K

$154 £114

-68.94%

1-bedroom Apartment, City Center (Monthly)

$702 ₦943.9K

$2,935 £2,182

-76.09%

1-bedroom Apartment, Outside City Center (Monthly)

$423 ₦568.8K

$2,258 £1,678

-81.27%

3-bedroom Apartment, City Center (Monthly)

$2,801 ₦3.8M

$5,250 £3,902

-46.64%

3-bedroom Apartment, Outside City Center (Monthly)

$1,515 ₦2.0M

$3,859 £2,868

-60.74%

Buy Apartment in City Center (m2)

$3,241 ₦4.4M

$17.2K £12.8K

-81.14%

Buy Apartment Outside City Center (m2)

$1,652 ₦2.2M

$8,278 £6,153

-80.04%

Average Monthly Net Salary (After Tax)

$120 ₦161.0K

$5,621 £4,177

-97.87%

20-Year Fixed Mortgage Interest Rate (Annual %)

18.39

4.78

284.73%

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

Last update for Lagos: November 1, 2026

Last update for London: November 1, 2026

Monthly budget structure

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

Accommodation & Living

Lagos

$423 43.9%

London

$2.3K 55.8% 434% $1.8K

Monthly Utilities & Internet

Lagos

$163 17%

London

$432 10.7% 164% $268

Groceries & Markets

Lagos

$155 16%

London

$360 8.9% 133% $206

Eating Out

Lagos

$99 10.2%

London

$396 9.8% 301% $297

Clothing & Footwear

Lagos

$53 5.5%

London

$205 5.1% 289% $152

Sport & Entertainment

Lagos

$41 4.3%

London

$92 2.3% 124% $51

Getting Around

Lagos

$31 3.2%

London

$305 7.6% 900% $275

Cost Breakdown

A central one-bedroom costs $702 in Lagos versus $2,935 in London. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries in London are about 47 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $50 in Lagos versus $109 in London. Monthly groceries follow the same trend: $155 vs $360 – making Lagos the more affordable choice for daily food spending.

Good to know

🇳🇬 Lagos

🇬🇧 London

🕒 Local time

06:07 6:07 AM

05:07 5:07 AM

1 h behind Lagos

🌤 Weather

👥 Population

10,404,112

8,908,083 Capital

💱 Currency

Nigerian Naira NGN ₦

British Pound GBP £

📈 Exchange rate

10,000 NGN = 7.44 USD

10,000 NGN = 6.62 EUR

1 GBP = 1.35 USD

1 GBP = 1.2 EUR

Exchange rates and currency converter

GBP, USD, EUR to NGN – Nigerian Naira Converter

🇺🇸 United States Dollar ($)

🇳🇬 Nigerian Naira (₦)

Nigerian Naira exchange rates as of November 6, 2026: 1 USD = 1,345 NGN (10,000 NGN = 7.44 USD). 1 EUR = 1,510 NGN (10,000 NGN = 6.62 EUR).

British Pound exchange rates as of November 6, 2026: 1 USD = 0.743 GBP (1 GBP = 1.35 USD). 1 EUR = 0.834 GBP (1 GBP = 1.2 EUR).

USD to NGN in detail →

On the map

Lowest

Highest

Between locations

Lagos London 5,020 km ≈ 7 h nonstop flight

From you

Lagos
London

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 London: Cost of Living - Frequently Asked Questions

London costs about 320% more than Lagos, and outside of rent the gap comes mainly from eating out. That’s enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $1,446 per month in Lagos and $6,072 in London. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Lagos, especially for central apartments: a one-bedroom in the center costs $702 there versus $2,935 in London.

Kindergarten costs $661 per month in Lagos and $2,946 in London. For families with young kids, this one expense can tip the scales when choosing between the two cities.

Groceries cost about 133% more in London, though the gap depends on what you buy.

$800 is a stretch for both – monthly costs hit $964 in Lagos and $4,048 in London. You’ll need shared housing and careful budgeting no matter which city you pick.

Families tend to lean toward Lagos – 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 Lagos. If higher salaries or specific career opportunities are the priority, London makes more sense. Both are solid long-term options with distinct trade-offs.