Last update: Nov 2026

Cost of Living Comparison Between London and Oyo

For one person, living is cheaper in Oyo: $623 a month against $4,048 in London, rent and utilities included – about $41,100 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
30

Cost of Living Index in Oyo
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Oyo Living Index

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London

🇬🇧 United Kingdom

$4,048

/mo nomad

Oyo

🇳🇬 Nigeria

$623

/mo nomad

Monthly Cost of Living

How much you'll spend in London and in Oyo

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

A single person spends $4,048 per month in London vs $623 in Oyo, rent included.

London $4,048
Oyo $623

A couple spends around $5,903 per month in London vs $1,151 in Oyo, rent included.

London $5,903
Oyo $1,151

A family of three spends $7,758 per month in London vs $1,679 in Oyo, rent included.

London $7,758
Oyo $1,679

London costs about 550% more than Oyo, and outside of rent the biggest gap is in eating out.

London sits 199% above the global median, while Oyo is 54% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$26.36 £19.59

$3.84 ₦5,155

586.46%

Three-Course Dinner for Two, Mid-Range

$109 £80.7

$49.17 ₦66.0K

120.81%

Fast Food Meal (McDonalds, etc)

$10.71 £7.96

$7.42 ₦9,960

44.34%

Cappuccino

$5.59 £4.15

$2.78 ₦3,729

101.08%

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

$3.00 £2.23

$0.43 ₦580

597.67%

Water (0.33 liter bottle)

$2.22 £1.65

$0.10 ₦137

2120.00%

Local Beer (0.5 liter draught)

$9.65 £7.17

$0.38 ₦515

2439.47%

Imported Beer (0.33 liter bottle)

$8.26 £6.14

$0.50 ₦672

1552.00%

Milk (1 liter)

$1.97 £1.46

$3.11 ₦4,178

-36.66%

White Bread (500g)

$2.09 £1.55

$0.50 ₦674

318.00%

Rice (white) (1kg)

$2.59 £1.93

$0.93 ₦1,248

178.49%

Eggs

$5.37 £3.99

$2.24 ₦3,003

139.73%

Local Cheese (1kg)

$13.12 £9.75

$3.60 ₦4,838

264.44%

Chicken Fillets (1kg)

$11.03 £8.20

$3.81 ₦5,115

189.50%

Beef Round Steak (1kg)

$17.73 £13.17

$4.37 ₦5,871

305.72%

Apples (1kg)

$3.17 £2.36

$1.67 ₦2,248

89.82%

Banana (1kg)

$1.38 £1.03

$1.31 ₦1,765

5.34%

Oranges (1kg)

$2.82 £2.10

$1.13 ₦1,523

149.56%

Tomato (1kg)

$3.36 £2.50

$1.49 ₦2,001

125.50%

Potato (1kg)

$1.70 £1.26

$1.54 ₦2,061

10.39%

Onion (1kg)

$1.78 £1.32

$1.50 ₦2,014

18.67%

Lettuce (1 head)

$1.49 £1.11

$0.85 ₦1,137

75.29%

Water (1.5 liter bottle)

$1.82 £1.35

$0.31 ₦422

487.10%

Cigarettes 20 Pack (Marlboro, Camel)

$23.85 £17.72

$0.55 ₦734

4236.36%

Wine (Bottle)

$13.44 £9.98

$2.45 ₦3,288

448.57%

Local Beer (0.5 liter bottle)

$3.11 £2.31

$0.38 ₦511

718.42%

Imported Beer (0.33 liter bottle)

$4.49 £3.34

$0.46 ₦622

876.09%

One-way Ticket (Public Transport)

$4.13 £3.07

$0.38 ₦511

986.84%

Public Transport Monthly Pass (Regular Price)

$266 £198

$14.76 ₦19.8K

1702.03%

Taxi Start (Normal Tariff)

$5.98 £4.44

$0.70 ₦942

754.29%

Taxi (Normal Tariff) (1km)

$3.39 £2.52

$0.96 ₦1,289

253.13%

Taxi 1hour Waiting (Normal Tariff)

$56.6 £42.03

$2.10 ₦2,817

2592.86%

Gasoline (1 liter)

$2.21 £1.64

$0.85 ₦1,147

160.00%

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

$38.3K £28.4K

$11.3K ₦15.2M

238.06%

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

$41.0K £30.5K

$28.3K ₦38.0M

45.07%

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

$372 £277

$14.83 ₦19.9K

2410.86%

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

$18.66 £13.87

$14.55 ₦19.5K

28.25%

Internet (50+ Mbps, Unlimited Data)

$40.53 £30.12

$33.28 ₦44.7K

21.78%

Gym Membership (Monthly)

$56.0 £41.63

$15.13 ₦20.3K

270.26%

Tennis Court (1 Hour on Weekend)

$17.10 £12.71

$4.72 ₦6,332

262.29%

Cinema Ticket

$17.95 £13.34

$6.01 ₦8,073

198.67%

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

$2,946 £2,189

$661 ₦887.4K

345.54%

International Primary School, 1 Child (Yearly)

$47.6K £35.4K

$19.8K ₦26.6M

140.34%

Jeans (Levis 501 Or Similar)

$116 £86.4

$6.11 ₦8,202

1802.45%

Summer Dress (H&M, Zara, etc)

$56.9 £42.28

$17.73 ₦23.8K

220.92%

Sport Shoes (Adidas, Nike)

$128 £95.1

$15.21 ₦20.4K

741.03%

Men's Leather Business Shoes

$154 £114

$10.64 ₦14.3K

1346.24%

1-bedroom Apartment, City Center (Monthly)

$2,935 £2,182

$438 ₦587.2K

570.96%

1-bedroom Apartment, Outside City Center (Monthly)

$2,258 £1,678

$255 ₦341.8K

786.88%

3-bedroom Apartment, City Center (Monthly)

$5,250 £3,901

$1,110 ₦1.5M

372.79%

3-bedroom Apartment, Outside City Center (Monthly)

$3,859 £2,868

$676 ₦906.8K

471.26%

Buy Apartment in City Center (m2)

$17.2K £12.8K

$750 ₦1.0M

2190.51%

Buy Apartment Outside City Center (m2)

$8,278 £6,152

$186 ₦249.8K

4347.40%

Average Monthly Net Salary (After Tax)

$5,621 £4,177

$33.91 ₦45.5K

16474.93%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.78

-52.20%

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

Last update for London: November 1, 2026

Last update for Oyo: November 2, 2026

Monthly budget structure

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

Accommodation & Living

London

$2.3K 55.8%

Oyo

$255 40.9% 88.7% $2K

Monthly Utilities & Internet

London

$432 10.7%

Oyo

$63 10.1% 85.5% $369

Eating Out

London

$396 9.8%

Oyo

$91 14.7% 76.9% $304

Groceries & Markets

London

$360 8.9%

Oyo

$143 22.9% 60.4% $218

Getting Around

London

$305 7.6%

Oyo

$22 3.5% 92.9% $284

Clothing & Footwear

London

$205 5.1%

Oyo

$22 3.6% 89.1% $182

Sport & Entertainment

London

$92 2.3%

Oyo

$27 4.4% 70.5% $65

Cost Breakdown

A central one-bedroom costs $2,935 in London versus $438 in Oyo. 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 166 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $109 in London versus $49 in Oyo. Monthly groceries follow the same trend: $360 vs $143 – making Oyo the more affordable choice for daily food spending.

Good to know

🇬🇧 London

🇳🇬 Oyo

🕒 Local time

14:42 2:42 PM

15:42 3:42 PM

1 h ahead of London

🌤 Weather

👥 Population

8,908,083 Capital

736,100

💱 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 Oyo 4,870 km ≈ 7 h nonstop flight

From you

London
Oyo

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 Oyo: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $4,048 in London, $623 in Oyo – Oyo comes out roughly 85% 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 $934 in Oyo. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Oyo, especially for central apartments: a one-bedroom in the center costs $438 there versus $2,935 in London.

Groceries cost about 153% more in London, though the gap depends on what you buy.

A mid-range dinner for two costs $109 in London and $49 in Oyo. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

A $1,000 monthly budget goes further in Oyo, where all-in costs run around $623, than in London at $4,048. In Oyo it covers expenses comfortably, while in London it requires careful planning or may not stretch far enough.

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