Cost of Living Comparison Between Yerevan and Lagos Cost of Living Comparison Between Yerevan and Lagos

Monthly Cost of Living

Monthly costs for one person with rent: $1,459 in Yerevan versus $2,035 in Lagos.

Estimated couple costs with rent: $2,195 in Yerevan versus $3,094 in Lagos.

Monthly costs for a family of three with rent: $2,931 in Yerevan versus $4,153 in Lagos.

Living in Yerevan costs roughly 28% less than in Lagos, driven mainly by Clothing & Footwear.

Both cities are pricier than the global median: Yerevan 9% above, Lagos 52% above.

Meal at Budget Restaurant

$10.59 ֏3,924

$16.42 €14.06

-35.51%

Three-Course Dinner for Two, Mid-Range

$51.9 ֏19.2K

$52.2 €44.70

-0.71%

Fast Food Meal (McDonalds, etc)

$8.02 ֏2,971

$8.36 €7.16

-4.07%

Cappuccino

$3.54 ֏1,312

$2.40 €2.06

47.50%

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

$0.95 ֏352

$2.18 €1.87

-56.42%

Water (0.33 liter bottle)

$0.53 ֏197

$1.66 €1.42

-68.07%

Local Beer (0.5 liter draught)

$1.85 ֏687

$4.14 €3.54

-55.31%

Imported Beer (0.33 liter bottle)

$3.82 ֏1,415

$3.26 €2.79

17.18%

Milk (1 liter)

$1.57 ֏581

$1.16 €0.99

35.34%

White Bread (500g)

$0.85 ֏314

$1.62 €1.39

-47.53%

Rice (white) (1kg)

$2.43 ֏901

$2.16 €1.85

12.50%

Eggs

$2.36 ֏876

$3.38 €2.90

-30.18%

Local Cheese (1kg)

$8.40 ֏3,114

$12.06 €10.32

-30.35%

Chicken Fillets (1kg)

$7.59 ֏2,815

$7.46 €6.38

1.74%

Beef Round Steak (1kg)

$12.31 ֏4,562

$11.29 €9.66

9.03%

Apples (1kg)

$1.32 ֏489

$3.01 €2.58

-56.15%

Banana (1kg)

$1.74 ֏646

$1.51 €1.29

15.23%

Oranges (1kg)

$1.71 ֏632

$1.46 €1.25

17.12%

Tomato (1kg)

$2.21 ֏819

$2.77 €2.37

-20.22%

Potato (1kg)

$0.82 ֏304

$2.26 €1.93

-63.72%

Onion (1kg)

$0.72 ֏266

$2.37 €2.03

-69.62%

Lettuce (1 head)

$0.83 ֏309

$1.62 €1.38

-48.77%

Water (1.5 liter bottle)

$0.65 ֏243

$0.81 €0.69

-19.75%

Cigarettes 20 Pack (Marlboro, Camel)

$2.64 ֏979

$6.14 €5.26

-57.00%

Wine (Bottle)

$7.99 ֏2,962

$3.54 €3.03

125.71%

Local Beer (0.5 liter bottle)

$1.28 ֏475

$1.49 €1.28

-14.09%

Imported Beer (0.33 liter bottle)

$2.20 ֏814

$2.49 €2.13

-11.65%

One-way Ticket (Public Transport)

$0.38 ֏140

$2.35 €2.01

-83.83%

Public Transport Monthly Pass (Regular Price)

$23.58 ֏8,741

$41.95 €35.91

-43.79%

Taxi Start (Normal Tariff)

$1.60 ֏592

$3.43 €2.94

-53.35%

Taxi (Normal Tariff) (1km)

$0.31 ֏116

$0.81 €0.69

-61.73%

Taxi 1hour Waiting (Normal Tariff)

$4.81 ֏1,781

$17.37 €14.87

-72.31%

Gasoline (1 liter)

$1.41 ֏522

$1.96 €1.68

-28.06%

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

$31.5K ֏11.7M

$34.0K €29.1K

-7.59%

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

$36.7K ֏13.6M

$39.9K €34.2K

-7.97%

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

$134 ֏49.6K

$115 €98.9

15.76%

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

$8.74 ֏3,239

$21.97 €18.81

-60.22%

Internet (50+ Mbps, Unlimited Data)

$20.77 ֏7,700

$44.71 €38.28

-53.55%

Gym Membership (Monthly)

$104 ֏38.4K

$55.2 €47.21

88.03%

Tennis Court (1 Hour on Weekend)

$30.79 ֏11.4K

$28.41 €24.32

8.38%

Cinema Ticket

$6.60 ֏2,446

$6.56 €5.61

0.61%

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

$375 ֏139.0K

$547 €468

-31.44%

International Primary School, 1 Child (Yearly)

$7,777 ֏2.9M

$7,349 €6,291

5.83%

Jeans (Levis 501 Or Similar)

$111 ֏41.2K

$53.0 €45.37

109.87%

Summer Dress (H&M, Zara, etc)

$59.2 ֏21.9K

$24.01 €20.55

146.52%

Sport Shoes (Adidas, Nike)

$141 ֏52.3K

$71.4 €61.1

97.70%

Men's Leather Business Shoes

$141 ֏52.2K

$70.0 €59.9

101.13%

1-bedroom Apartment, City Center (Monthly)

$805 ֏298.3K

$1,225 €1,049

-34.32%

1-bedroom Apartment, Outside City Center (Monthly)

$549 ֏203.4K

$1,158 €991

-52.62%

3-bedroom Apartment, City Center (Monthly)

$1,369 ֏507.3K

$2,043 €1,748

-33.00%

3-bedroom Apartment, Outside City Center (Monthly)

$842 ֏312.0K

$2,218 €1,898

-62.04%

Buy Apartment in City Center (m2)

$3,041 ֏1.1M

$4,072 €3,486

-25.34%

Buy Apartment Outside City Center (m2)

$1,510 ֏559.9K

$5,040 €4,314

-70.03%

Average Monthly Net Salary (After Tax)

$648 ֏240.4K

$1,313 €1,124

-50.61%

20-Year Fixed Mortgage Interest Rate (Annual %)

15.53

5.01

209.98%

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

Last update for Yerevan: April 26, 2026

Last update for Lagos: April 28, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $805 in Yerevan and $1,225 in Lagos. Housing cost is often the main lever when comparing two cities.

Lagos pays 102% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $52.0 in Yerevan vs $52.0 in Lagos for a mid-range dinner for two. Groceries echo the gap at $220 vs $248 per month, with Yerevan cheaper across the board.

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

Yerevan vs Lagos: Cost of Living - Frequently Asked Questions

Yerevan and Lagos differ by about 39% in total monthly costs ($1,459 vs $2,035 including rent). Yerevan is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

On paper, Lagos earns 102% less. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $805 in Yerevan versus $1,225 in Lagos. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 13% higher in Lagos. For households that cook at home regularly, that difference adds up over a month.

Dining out is cheaper in Yerevan – a meal for two runs $52.0 versus $52.0 in Lagos. If you eat out regularly, this makes a real dent in your monthly spending.

At $1,459 in Yerevan versus $2,035 in Lagos, a $2,000 budget is realistic in Yerevan but tight or insufficient in Lagos. The gap between the two cities makes Yerevan the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Yerevan and Lagos are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Yerevan gentler on the wallet – expenses run 39% less than in Lagos. Beyond cost, consider language, visa policies, and how big the international community is in each city.