Last update: Nov 2026

Cost of Living Comparison Between London and Lagos

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.

196

Cost of Living Index in London
Learn more

London Living Index
46

Cost of Living Index in Lagos
Learn more

Lagos Living Index

Jump to prices

London

🇬🇧 United Kingdom

$4,048

/mo nomad

Lagos

🇳🇬 Nigeria

$964

/mo nomad

Monthly Cost of Living

How much you'll spend in London and in Lagos

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

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

London $4,048
Lagos $964

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

London $5,903
Lagos $1,871

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

London $7,758
Lagos $2,777

London costs about 320% more than Lagos, and outside of rent the biggest gap is in eating out.

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

Meal at Budget Restaurant

$26.36 £19.59

$3.78 ₦5,080

597.35%

Three-Course Dinner for Two, Mid-Range

$109 £80.7

$50.0 ₦67.3K

116.97%

Fast Food Meal (McDonalds, etc)

$10.71 £7.96

$7.39 ₦9,936

44.93%

Cappuccino

$5.59 £4.15

$2.87 ₦3,854

94.77%

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

$3.00 £2.23

$0.44 ₦592

581.82%

Water (0.33 liter bottle)

$2.22 £1.65

$0.22 ₦295

909.09%

Local Beer (0.5 liter draught)

$9.65 £7.17

$1.03 ₦1,382

836.89%

Imported Beer (0.33 liter bottle)

$8.26 £6.14

$2.02 ₦2,719

308.91%

Milk (1 liter)

$1.97 £1.46

$3.14 ₦4,226

-37.26%

White Bread (500g)

$2.09 £1.55

$1.43 ₦1,919

46.15%

Rice (white) (1kg)

$2.59 £1.93

$1.20 ₦1,614

115.83%

Eggs

$5.37 £3.99

$2.24 ₦3,010

139.73%

Local Cheese (1kg)

$13.12 £9.75

$3.45 ₦4,646

280.29%

Chicken Fillets (1kg)

$11.03 £8.20

$3.92 ₦5,265

181.38%

Beef Round Steak (1kg)

$17.73 £13.18

$4.35 ₦5,847

307.59%

Apples (1kg)

$3.17 £2.36

$1.68 ₦2,261

88.69%

Banana (1kg)

$1.38 £1.03

$1.26 ₦1,688

9.52%

Oranges (1kg)

$2.82 £2.10

$1.10 ₦1,477

156.36%

Tomato (1kg)

$3.36 £2.50

$1.26 ₦1,688

166.67%

Potato (1kg)

$1.70 £1.26

$1.46 ₦1,970

16.44%

Onion (1kg)

$1.78 £1.32

$1.92 ₦2,580

-7.29%

Lettuce (1 head)

$1.49 £1.11

$0.90 ₦1,212

65.56%

Water (1.5 liter bottle)

$1.82 £1.35

$0.40 ₦532

355.00%

Cigarettes 20 Pack (Marlboro, Camel)

$23.85 £17.73

$0.58 ₦779

4012.07%

Wine (Bottle)

$13.44 £9.99

$2.64 ₦3,554

409.09%

Local Beer (0.5 liter bottle)

$3.11 £2.31

$0.54 ₦732

475.93%

Imported Beer (0.33 liter bottle)

$4.49 £3.34

$0.49 ₦662

816.33%

One-way Ticket (Public Transport)

$4.13 £3.07

$0.78 ₦1,048

429.49%

Public Transport Monthly Pass (Regular Price)

$266 £198

$21.97 ₦29.6K

1110.65%

Taxi Start (Normal Tariff)

$5.98 £4.45

$0.70 ₦938

754.29%

Taxi (Normal Tariff) (1km)

$3.39 £2.52

$0.95 ₦1,275

256.84%

Taxi 1hour Waiting (Normal Tariff)

$56.6 £42.03

$2.21 ₦2,968

2458.82%

Gasoline (1 liter)

$2.21 £1.64

$0.92 ₦1,241

140.22%

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

$38.3K £28.4K

$11.4K ₦15.3M

236.42%

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

$41.0K £30.5K

$30.8K ₦41.5M

33.05%

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

$372 £277

$113 ₦152.1K

229.14%

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

$18.66 £13.87

$14.67 ₦19.7K

27.20%

Internet (50+ Mbps, Unlimited Data)

$40.53 £30.13

$35.64 ₦47.9K

13.72%

Gym Membership (Monthly)

$56.0 £41.63

$28.38 ₦38.2K

97.39%

Tennis Court (1 Hour on Weekend)

$17.10 £12.71

$6.90 ₦9,277

147.83%

Cinema Ticket

$17.95 £13.34

$6.35 ₦8,536

182.68%

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

$2,946 £2,189

$661 ₦889.3K

345.42%

International Primary School, 1 Child (Yearly)

$47.6K £35.4K

$18.6K ₦25.0M

155.90%

Jeans (Levis 501 Or Similar)

$116 £86.4

$14.47 ₦19.5K

703.32%

Summer Dress (H&M, Zara, etc)

$56.9 £42.29

$18.12 ₦24.4K

214.02%

Sport Shoes (Adidas, Nike)

$128 £95.1

$36.71 ₦49.4K

248.46%

Men's Leather Business Shoes

$154 £114

$47.80 ₦64.3K

221.92%

1-bedroom Apartment, City Center (Monthly)

$2,935 £2,182

$702 ₦943.9K

318.22%

1-bedroom Apartment, Outside City Center (Monthly)

$2,258 £1,678

$423 ₦568.8K

433.91%

3-bedroom Apartment, City Center (Monthly)

$5,250 £3,902

$2,801 ₦3.8M

87.41%

3-bedroom Apartment, Outside City Center (Monthly)

$3,859 £2,868

$1,515 ₦2.0M

154.70%

Buy Apartment in City Center (m2)

$17.2K £12.8K

$3,241 ₦4.4M

430.25%

Buy Apartment Outside City Center (m2)

$8,278 £6,153

$1,652 ₦2.2M

401.09%

Average Monthly Net Salary (After Tax)

$5,621 £4,177

$120 ₦161.0K

4595.93%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.78

18.39

-74.01%

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

Last update for London: November 1, 2026

Last update for Lagos: November 1, 2026

Monthly budget structure

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

Accommodation & Living

London

$2.3K 55.8%

Lagos

$423 43.9% 81.3% $1.8K

Monthly Utilities & Internet

London

$432 10.7%

Lagos

$163 17% 62.1% $268

Eating Out

London

$396 9.8%

Lagos

$99 10.2% 75.1% $297

Groceries & Markets

London

$360 8.9%

Lagos

$155 16% 57.1% $206

Getting Around

London

$305 7.6%

Lagos

$31 3.2% 90% $275

Clothing & Footwear

London

$205 5.1%

Lagos

$53 5.5% 74.3% $152

Sport & Entertainment

London

$92 2.3%

Lagos

$41 4.3% 55.3% $51

Cost Breakdown

A central one-bedroom costs $2,935 in London versus $702 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 in London are about 47 times higher. Purchasing power depends on which expenses matter most to you.

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

Good to know

🇬🇧 London

🇳🇬 Lagos

🕒 Local time

05:09 5:09 AM

06:09 6:09 AM

1 h ahead of London

🌤 Weather

👥 Population

8,908,083 Capital

10,404,112

💱 Currency

British Pound GBP £

Nigerian Naira NGN ₦

📈 Exchange rate

1 GBP = 1.35 USD

1 GBP = 1.2 EUR

10,000 NGN = 7.44 USD

10,000 NGN = 6.62 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 = 0.834 GBP (1 GBP = 1.2 EUR).

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).

USD to GBP in detail →

On the map

Lowest

Highest

Between locations

London Lagos 5,020 km ≈ 7 h nonstop flight

From you

London
Lagos

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 Lagos: 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 $6,072 per month in London and $1,446 in Lagos. 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 $2,946 per month in London and $661 in Lagos. 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 $4,048 in London and $964 in Lagos. 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.