Cost of Living in Ikeja - Updated Prices & Insights

Monthly Cost of Living

A single person spends around $1,056 per month with rent, or $368 for everyday expenses alone.

A couple spends around $1,641 per month with rent, or $752 for everyday expenses alone.

A family of three spends around $2,227 per month with rent, or $1,136 without housing.

Overall, Ikeja is about 22% below the global median. Within Africa, costs are slightly above average (4%) – still relatively affordable for the region.

Currency
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🍽 Eating Out
Cost
Range
Meal at Budget Restaurant
$1.50 ₦2,023
$0.99 ₦1,331
$4.51 ₦6,082
Three-Course Dinner for Two, Mid-Range
$32.42 ₦43.7K
$25.65 ₦34.6K
$99.5 ₦134.1K
Fast Food Meal (McDonalds, etc)
$5.26 ₦7,092
$4.45 ₦6,001
$9.87 ₦13.3K
Cappuccino
$2.20 ₦2,961
$1.02 ₦1,371
$4.06 ₦5,469
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$0.34 ₦456
$0.25 ₦339
$0.77 ₦1,043
Water (0.33 liter bottle)
$0.20 ₦269
$0.14 ₦192
$0.48 ₦642
Local Beer (0.5 liter draught)
$0.85 ₦1,139
$0.49 ₦667
$2.06 ₦2,779
Imported Beer (0.33 liter bottle)
$1.44 ₦1,946
$0.93 ₦1,256
$3.07 ₦4,140
🛒 Groceries & Markets
Cost
Range
Milk (1 liter)
$2.11 ₦2,851
$1.48 ₦1,997
$3.90 ₦5,256
White Bread (500g)
$1.24 ₦1,673
$0.64 ₦864
$2.21 ₦2,976
Rice (white) (1kg)
$2.33 ₦3,143
$1.04 ₦1,406
$3.96 ₦5,335
Eggs
$1.76 ₦2,369
$1.24 ₦1,671
$2.30 ₦3,095
Local Cheese (1kg)
$6.25 ₦8,427
$2.81 ₦3,790
$15.44 ₦20.8K
Chicken Fillets (1kg)
$4.16 ₦5,606
$2.79 ₦3,768
$6.53 ₦8,805
Beef Round Steak (1kg)
$5.30 ₦7,151
$3.16 ₦4,256
$8.22 ₦11.1K
Apples (1kg)
$3.60 ₦4,849
$1.36 ₦1,837
$5.26 ₦7,086
Banana (1kg)
$2.03 ₦2,741
$0.98 ₦1,324
$4.91 ₦6,620
Oranges (1kg)
$2.10 ₦2,832
$0.37 ₦501
$7.45 ₦10.1K
Tomato (1kg)
$2.37 ₦3,191
$0.63 ₦855
$4.02 ₦5,418
Potato (1kg)
$2.38 ₦3,205
$1.01 ₦1,364
$3.91 ₦5,278
Onion (1kg)
$2.01 ₦2,705
$1.01 ₦1,366
$3.37 ₦4,549
Lettuce (1 head)
$2.00 ₦2,692
$0.65 ₦879
$4.19 ₦5,645
Water (1.5 liter bottle)
$0.35 ₦477
$0.24 ₦322
$0.61 ₦825
Cigarettes 20 Pack (Marlboro, Camel)
$1.26 ₦1,704
$0.99 ₦1,331
$1.48 ₦1,997
Wine (Bottle)
$3.14 ₦4,230
$2.22 ₦2,995
$5.02 ₦6,765
Local Beer (0.5 liter bottle)
$0.64 ₦856
$0.37 ₦493
$0.84 ₦1,129
Imported Beer (0.33 liter bottle)
$0.95 ₦1,275
$0.53 ₦715
$1.57 ₦2,116
🚌 Getting Around
Cost
Range
One-way Ticket (Public Transport)
$0.31 ₦425
-
Public Transport Monthly Pass (Regular Price)
$9.91 ₦13.4K
-
Taxi Start (Normal Tariff)
$1.24 ₦1,666
$0.57 ₦765
$3.30 ₦4,453
Taxi (Normal Tariff) (1km)
$2.15 ₦2,897
$1.01 ₦1,357
$3.06 ₦4,122
Taxi 1hour Waiting (Normal Tariff)
$4.61 ₦6,218
$2.77 ₦3,738
$9.62 ₦13.0K
Gasoline (1 liter)
$0.38 ₦515
$0.38 ₦515
$0.81 ₦1,094
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$20.2K ₦27.2M
$12.9K ₦17.4M
$24.7K ₦33.4M
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$20.9K ₦28.1M
$19.7K ₦26.5M
$27.4K ₦37.0M
🧾 Monthly Utilities & Internet
Cost
Range
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$41.16 ₦55.5K
$21.76 ₦29.3K
$79.3 ₦106.9K
SIM Card Monthly Plan (Calls and 10GB+ Data)
$10.05 ₦13.5K
$3.82 ₦5,154
$13.48 ₦18.2K
Internet (50+ Mbps, Unlimited Data)
$33.91 ₦45.7K
$26.20 ₦35.3K
$52.1 ₦70.2K
🎉 Sport & Entertainment
Cost
Range
Cinema Ticket
$6.47 ₦8,724
$5.63 ₦7,595
$7.95 ₦10.7K
🧸 Childcare & Education
Cost
Range
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$83.2 ₦112.2K
$38.80 ₦52.3K
$170 ₦229.7K
International Primary School, 1 Child (Yearly)
$2,341 ₦3.2M
$736 ₦992.2K
$4,421 ₦6.0M
👕👟 Clothing & Footwear
Cost
Range
Jeans (Levis 501 Or Similar)
$19.37 ₦26.1K
$12.78 ₦17.2K
$36.24 ₦48.9K
Summer Dress (H&M, Zara, etc)
$24.74 ₦33.4K
$11.33 ₦15.3K
$51.8 ₦69.8K
Sport Shoes (Adidas, Nike)
$63.4 ₦85.4K
$16.62 ₦22.4K
$127 ₦170.7K
Men's Leather Business Shoes
$58.1 ₦78.4K
$24.17 ₦32.6K
$118 ₦159.6K
🏠 Accommodation & Living
Cost
Range
1-bedroom Apartment, City Center (Monthly)
$845 ₦1.1M
-
1-bedroom Apartment, Outside City Center (Monthly)
$614 ₦827.5K
-
3-bedroom Apartment, City Center (Monthly)
$1,906 ₦2.6M
-
3-bedroom Apartment, Outside City Center (Monthly)
$1,195 ₦1.6M
-
💵 Salaries & Financials
Cost
Range
Average Monthly Net Salary (After Tax)
$126 ₦169.6K
-
20-Year Fixed Mortgage Interest Rate (Annual %)
16.33
9
22

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

Last update: April 20, 2026

Cost Breakdown

A one-bedroom apartment in the city center costs around $845, dropping to $614 outside central areas. Housing accounts for roughly 672% of the average salary ($126) – noticeably above the typical 30% rent-to-income guideline.

The average net salary is $126 – below monthly costs of $1,056. Most locals rely on shared housing or dual incomes. Remote workers earning abroad will find stronger purchasing power.

Groceries cost around $190 per month for one person. A mid-range dinner for two is priced at $32 – well below the African average of $42.

A monthly public transport pass costs about $10 – among the cheapest in Africa (average $29).

Cost Highlights

Ikeja has the 10th cheapest meal at budget restaurant in Africa

1-bedroom apartment, outside city center is more expensive than 97% of cities in Africa

Local beer is cheaper than 97% of cities in Africa

Ikeja Median Internet Speeds (Updated April 2026)

Mobile

Download
Mbps
Upload
Mbps
Latency
ms

Fixed Broadband

Download
Mbps
Upload
Mbps
Latency
ms
The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.
Digital Nomad Cost of Living Index
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Cost of Living in Ikeja - Frequently Asked Questions
How does Ikeja compare in overall affordability for travelers and long-term stays, and who tends to get good value there?
For many visitors and newcomers, Ikeja offers solid value within Lagos, especially if you prioritize practical housing and straightforward access to transport routes. You’ll find a mix of compact apartments, gated flats, and longer-term options that fit tighter budgets without sacrificing central convenience. Utilities, internet, and groceries sit at a mid-range level compared with the city’s high-end districts, and careful planning helps you keep costs predictable. Local markets, casual eateries, and affordable service providers let you balance daily needs. The balance of space, security, and access makes Ikeja a favorable base for short stays and longer explorations. Overall, Cost of Living in Ikeja, Nigeria sits in the mid-range for Lagos. Tip: Start with a short-term stay to test neighborhoods and connect with a few trusted housing agents.
What does daily life look like in Ikeja for a traveler, expat, or digital nomad – housing search, food, transport, and errands?
Daily life in Ikeja blends efficiency and local flavor. For housing, look within easy reach of the city center – Alausa, Ogba, or near Ikeja City Centre – for a practical mix of safety and value; short-term leases work well while you assess neighborhoods. Food options range from bustling markets and suya stalls to casual cafés and mid-range supermarkets with international items. Transport is flexible: ride-hailing and reputable taxis are reliable, though peak traffic can slow you down. Errands, banking, and services are concentrated around the core, making it feasible to stay car-free if you plan ahead. Ikeja, Nigeria living cost varies with neighborhood and housing type, but choices stay accessible. Tip: Build a routine that targets your most-visited spots to shave transit time.
What neighborhoods fit different lifestyles and what budgeting approach helps you maximize your quality of life in Ikeja?
Quality of life in Ikeja hinges on smart budgeting and neighborhood fit. Start with a simple framework: reserve a stable portion for housing, and allocate flexible amounts for food, transport, and utilities. In Ikeja you can choose between quieter residential streets and busier commercial cores, each shaping daily rhythms and safety. Seasonality affects travel: the rainy months can slow trips, while dry periods often bring more outdoor options and longer evenings out. A neighborhood tour during different days and times helps you map comfort, security, and proximity to amenities. Tip: Keep a small buffer for one-off costs and reassess your plan after the first 6–8 weeks.
Is Ikeja expensive to live in?
Ikeja sits squarely in the middle of the price spectrum – not cheap, not expensive. Monthly costs with rent tend to hover around $1,056, which most working professionals can handle without feeling financially squeezed.
What percentage of income goes to rent in Ikeja?
Housing in Ikeja takes a heavy bite – about 672% of a typical income, which is above the 30% international benchmark. That squeezes the budget for everything else and is one of the main pain points for residents here.
What is a good salary in Ikeja?
In Ikeja, $1,583 per month is what most people would call a good salary. It handles rent, food, and utilities with enough left for savings and the occasional splurge. Above that, you unlock better apartments and more freedom with spending.
Is rent high in Ikeja?
Rent in Ikeja is middle-of-the-road – 1-bedroom apartments fall between $614 and $845 per month. Not cheap, not outrageous, with reasonable options across most neighborhoods.
How much is public transport in Ikeja?
Getting around Ikeja by public transport costs about $9.91 per month. A monthly pass generally covers buses, trams, and metro – much cheaper than owning a car for the daily commute.
What is a typical grocery budget in Ikeja?
Groceries in Ikeja run about $190 monthly for one person – a moderate figure that matches the city's overall cost level. Local markets and supermarkets cover most needs, and food costs are manageable without strict budgeting.
Can a person live on $700 monthly in Ikeja?
$700 is below the $1,056 average in Ikeja, so it's tight but not impossible. You'll need to keep rent low – sharing an apartment, cooking at home, and sticking to public transport are the main levers.
What is quality of life like in Ikeja?
Quality of life in Ikeja is solid. Standout factors include vibrant nightlife, expat-friendly services, café culture, backed by good public transport, varied dining and leisure, and well-maintained infrastructure. At about $1,056 monthly all-in, it suits mid-range budgets for a comfortable – if not luxurious – lifestyle.
How affordable is Ikeja?
Ikeja is neither cheap nor expensive – it sits comfortably in the middle. Monthly costs with rent run about $1,056, a figure most working professionals can handle without major financial stress.

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