Last update: Nov 2026

Cost of Living Comparison Between London and Ife

For one person, living is cheaper in Ife: $79.8 a month against $4,048 in London, rent and utilities included – about $47,600 less a year. Rent and utilities account for most of the difference.

196

Cost of Living Index in London
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London Living Index

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London

🇬🇧 United Kingdom

$4,048

/mo nomad

Ife

🇳🇬 Nigeria

$79.8

/mo nomad

Monthly Cost of Living

How much you'll spend in London and in Ife

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

A single person spends $4,048 per month in London vs $80 in Ife, rent included.

London $4,048
Ife $80

A couple spends around $5,903 per month in London vs $107 in Ife, rent included.

London $5,903
Ife $107

A family of three spends $7,758 per month in London vs $134 in Ife, rent included.

London $7,758
Ife $134

London costs about 4974% more than Ife, and outside of rent the biggest gap is in eating out.

London sits 199% above the global median, while Ife is 94% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$26.36 £19.59

$2.05 ₦2,751

1185.85%

Three-Course Dinner for Two, Mid-Range

$109 £80.7

Fast Food Meal (McDonalds, etc)

$10.71 £7.96

$5.88 ₦7,888

82.14%

Cappuccino

$5.59 £4.15

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

$3.00 £2.23

$0.48 ₦641

525.00%

Water (0.33 liter bottle)

$2.22 £1.65

$0.29 ₦384

665.52%

Local Beer (0.5 liter draught)

$9.65 £7.17

Imported Beer (0.33 liter bottle)

$8.26 £6.14

Milk (1 liter)

$1.97 £1.46

White Bread (500g)

$2.09 £1.55

Rice (white) (1kg)

$2.59 £1.93

Eggs

$5.37 £3.99

$1.78 ₦2,391

201.69%

Local Cheese (1kg)

$13.12 £9.75

Chicken Fillets (1kg)

$11.03 £8.20

Beef Round Steak (1kg)

$17.73 £13.17

Apples (1kg)

$3.17 £2.36

Banana (1kg)

$1.38 £1.03

Oranges (1kg)

$2.82 £2.10

Tomato (1kg)

$3.36 £2.50

Potato (1kg)

$1.70 £1.26

Onion (1kg)

$1.78 £1.32

Lettuce (1 head)

$1.49 £1.11

Water (1.5 liter bottle)

$1.82 £1.35

Cigarettes 20 Pack (Marlboro, Camel)

$23.85 £17.72

Wine (Bottle)

$13.44 £9.98

Local Beer (0.5 liter bottle)

$3.11 £2.31

Imported Beer (0.33 liter bottle)

$4.49 £3.34

One-way Ticket (Public Transport)

$4.13 £3.07

Public Transport Monthly Pass (Regular Price)

$266 £198

Taxi Start (Normal Tariff)

$5.98 £4.44

Taxi (Normal Tariff) (1km)

$3.39 £2.52

Taxi 1hour Waiting (Normal Tariff)

$56.6 £42.03

Gasoline (1 liter)

$2.21 £1.64

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

$38.3K £28.4K

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

$41.0K £30.5K

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

$372 £277

$29.73 ₦39.9K

1152.47%

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

$18.66 £13.87

$5.84 ₦7,833

219.52%

Internet (50+ Mbps, Unlimited Data)

$40.53 £30.12

Gym Membership (Monthly)

$56.0 £41.63

Tennis Court (1 Hour on Weekend)

$17.10 £12.71

Cinema Ticket

$17.95 £13.34

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

$2,946 £2,189

International Primary School, 1 Child (Yearly)

$47.6K £35.4K

Jeans (Levis 501 Or Similar)

$116 £86.4

Summer Dress (H&M, Zara, etc)

$56.9 £42.28

Sport Shoes (Adidas, Nike)

$128 £95.1

Men's Leather Business Shoes

$154 £114

1-bedroom Apartment, City Center (Monthly)

$2,935 £2,182

1-bedroom Apartment, Outside City Center (Monthly)

$2,258 £1,678

3-bedroom Apartment, City Center (Monthly)

$5,250 £3,901

3-bedroom Apartment, Outside City Center (Monthly)

$3,859 £2,868

Buy Apartment in City Center (m2)

$17.2K £12.8K

Buy Apartment Outside City Center (m2)

$8,278 £6,152

Average Monthly Net Salary (After Tax)

$5,621 £4,177

20-Year Fixed Mortgage Interest Rate (Annual %)

4.78

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

Last update for London: November 1, 2026

Last update for Ife: October 31, 2026

Monthly budget structure

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

Accommodation & Living

London

$2.3K 55.8%

Ife

–

Monthly Utilities & Internet

London

$432 10.7%

Ife

–

Eating Out

London

$396 9.8%

Ife

–

Groceries & Markets

London

$360 8.9%

Ife

–

Getting Around

London

$305 7.6%

Ife

–

Clothing & Footwear

London

$205 5.1%

Ife

–

Sport & Entertainment

London

$92 2.3%

Ife

–

Good to know

🇬🇧 London

🇳🇬 Ife

🕒 Local time

11:52 11:52 AM

12:52 12:52 PM

1 h ahead of London

🌤 Weather

👥 Population

8,908,083 Capital

501,952

💱 Currency

British Pound GBP £

Nigerian Naira NGN ₦

📈 Exchange rate

1 GBP = 1.35 USD

1 GBP = 1.2 EUR

10,000 NGN = 7.45 USD

10,000 NGN = 6.63 EUR

Exchange rates and currency converter

NGN, USD, EUR to GBP – British Pound Converter

🇺🇸 United States Dollar ($)

🇬🇧 British Pound (£)

British Pound exchange rates as of November 6, 2026: 1 USD = 0.743 GBP (1 GBP = 1.35 USD). 1 EUR = 0.835 GBP (1 GBP = 1.2 EUR).

Nigerian Naira exchange rates as of November 6, 2026: 1 USD = 1,342 NGN (10,000 NGN = 7.45 USD). 1 EUR = 1,507 NGN (10,000 NGN = 6.63 EUR).

USD to GBP in detail →

On the map

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Highest

Between locations

London Ife 4,910 km ≈ 7 h nonstop flight

From you

London
Ife

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

London vs Ife: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $4,048 in London, $80 in Ife – Ife comes out roughly 98% cheaper. Outside of rent, the biggest gap is in eating out.

For a comfortable life, plan on about $6,072 per month in London and $120 in Ife. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Monthly expenses with rent come to $4,048 in London and $80 in Ife. That makes Ife about 98% cheaper.

Groceries cost about 4952% more in London, though the gap depends on what you buy.

A $1,200 monthly budget goes further in Ife, where all-in costs run around $80, than in London at $4,048. In Ife it covers expenses comfortably, while in London it requires careful planning or may not stretch far enough.

It depends on your priorities. London has an edge in some lifestyle areas, with costs from $80 in Ife to $4,048 in London. Climate, culture, job market, and personal taste all factor in.