Last update: Oct 2026 Nigeria 861.3K

Cost of Living in Ikeja

For one person, living costs in Ikeja are estimated at $2,392 a month, including rent and utilities – 219% above the national average. Rent and utilities take more than two thirds of the total.

Monthly Cost of Living

How much you'll spend in Ikeja

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

A single person spends around $2,392 per month with rent, or $314 for everyday expenses alone.

$2,392 /mo

A couple spends around $4,077 per month with rent, or $509 for everyday expenses alone.

$4,077 /mo

A family of three spends around $5,762 per month with rent, or $704 without housing.

$5,762 /mo

Overall, Ikeja is 76–103% above the global median across household types. Within Africa, costs are 165% above average – among the most expensive in the region.

Currency
Do you live in Ikeja? Add cost details
🍽 Eating Out
Cost
Range
Meal at Budget Restaurant
$0.49 ₦666
$0.49 ₦666
$4.96 ₦6,683
Three-Course Dinner for Two, Mid-Range
$11.21 ₦15.1K
$11.21 ₦15.1K
$100 ₦134.8K
Fast Food Meal (McDonalds, etc)
$7.56 ₦10.2K
$5.07 ₦6,823
$10.14 ₦13.6K
Cappuccino
$2.84 ₦3,819
$1.02 ₦1,369
$4.56 ₦6,133
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$0.14 ₦183
$0.11 ₦155
$0.58 ₦788
Water (0.33 liter bottle)
$0.07 ₦96.6
$0.07 ₦96.6
$0.41 ₦552
Local Beer (0.5 liter draught)
$0.29 ₦389
$0.29 ₦389
$1.93 ₦2,594
Imported Beer (0.33 liter bottle)
$2.02 ₦2,716
$1.35 ₦1,820
$3.03 ₦4,074
🛒 Groceries & Markets
Cost
Range
Milk (1 liter)
$0.72 ₦964
$0.72 ₦964
$4.28 ₦5,758
White Bread (500g)
$0.77 ₦1,032
$0.77 ₦1,032
$2.04 ₦2,752
Rice (white) (1kg)
$1.26 ₦1,699
$0.77 ₦1,036
$6.16 ₦8,290
Eggs
$2.25 ₦3,030
$1.82 ₦2,454
$2.66 ₦3,578
Local Cheese (1kg)
$3.59 ₦4,831
$1.90 ₦2,553
$9.12 ₦12.3K
Chicken Fillets (1kg)
$3.81 ₦5,129
$3.31 ₦4,453
$9.84 ₦13.3K
Beef Round Steak (1kg)
$4.56 ₦6,137
$1.15 ₦1,552
$10.29 ₦13.9K
Apples (1kg)
$1.68 ₦2,262
$0.91 ₦1,226
$2.02 ₦2,725
Banana (1kg)
$1.32 ₦1,783
$0.62 ₦829
$5.13 ₦6,911
Oranges (1kg)
$1.13 ₦1,517
$0.22 ₦301
$2.65 ₦3,567
Tomato (1kg)
$1.54 ₦2,078
$0.38 ₦509
$2.29 ₦3,083
Potato (1kg)
$1.59 ₦2,138
$0.76 ₦1,021
$2.27 ₦3,050
Onion (1kg)
$1.56 ₦2,106
$0.61 ₦820
$1.89 ₦2,543
Lettuce (1 head)
$0.84 ₦1,127
$0.36 ₦485
$1.38 ₦1,861
Water (1.5 liter bottle)
$0.36 ₦487
$0.25 ₦333
$0.57 ₦769
Cigarettes 20 Pack (Marlboro, Camel)
$0.59 ₦792
$0.39 ₦523
$0.79 ₦1,060
Wine (Bottle)
$2.36 ₦3,175
$1.74 ₦2,348
$4.37 ₦5,877
Local Beer (0.5 liter bottle)
$0.54 ₦722
$0.23 ₦306
$0.77 ₦1,042
Imported Beer (0.33 liter bottle)
$0.50 ₦674
$0.23 ₦309
$0.78 ₦1,053
🚌 Getting Around
Cost
Range
One-way Ticket (Public Transport)
$0.09 ₦127
-
Public Transport Monthly Pass (Regular Price)
$3.33 ₦4,488
-
Taxi Start (Normal Tariff)
$0.70 ₦943
$0.39 ₦521
$1.17 ₦1,576
Taxi (Normal Tariff) (1km)
$0.90 ₦1,213
$0.58 ₦783
$1.44 ₦1,943
Taxi 1hour Waiting (Normal Tariff)
$2.18 ₦2,936
$1.50 ₦2,025
$3.77 ₦5,070
Gasoline (1 liter)
$0.13 ₦176
$0.13 ₦176
$0.95 ₦1,285
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$11.2K ₦15.1M
$5,971 ₦8.0M
$11.9K ₦16.1M
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$28.2K ₦38.0M
$20.5K ₦27.6M
$40.9K ₦55.1M
🧾 Monthly Utilities & Internet
Cost
Range
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$110 ₦148.2K
$29.37 ₦39.5K
$246 ₦331.3K
SIM Card Monthly Plan (Calls and 10GB+ Data)
$14.51 ₦19.5K
$6.63 ₦8,926
$47.91 ₦64.5K
Internet (50+ Mbps, Unlimited Data)
$33.25 ₦44.8K
$18.93 ₦25.5K
$75.7 ₦101.9K
🎉 Sport & Entertainment
Cost
Range
Cinema Ticket
$6.33 ₦8,523
$4.58 ₦6,168
$8.01 ₦10.8K
🧸 Childcare & Education
Cost
Range
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$667 ₦898.3K
$26.12 ₦35.2K
$2,353 ₦3.2M
International Primary School, 1 Child (Yearly)
$19.5K ₦26.2M
$3,344 ₦4.5M
$31.6K ₦42.6M
👕👟 Clothing & Footwear
Cost
Range
Jeans (Levis 501 Or Similar)
$14.51 ₦19.5K
$8.92 ₦12.0K
$22.31 ₦30.0K
Summer Dress (H&M, Zara, etc)
$18.28 ₦24.6K
$7.54 ₦10.2K
$49.04 ₦66.0K
Sport Shoes (Adidas, Nike)
$36.38 ₦49.0K
$21.01 ₦28.3K
$75.0 ₦101.0K
Men's Leather Business Shoes
$48.13 ₦64.8K
$18.57 ₦25.0K
$149 ₦200.0K
🏠 Accommodation & Living
Cost
Range
1-bedroom Apartment, City Center (Monthly)
$3,483 ₦4.7M
-
1-bedroom Apartment, Outside City Center (Monthly)
$1,968 ₦2.7M
-
3-bedroom Apartment, City Center (Monthly)
$6,383 ₦8.6M
-
3-bedroom Apartment, Outside City Center (Monthly)
$4,948 ₦6.7M
-
💵 Salaries & Financials
Cost
Range
Average Monthly Net Salary (After Tax)
$73.8 ₦99.3K
-
20-Year Fixed Mortgage Interest Rate (Annual %)
18.39
18
20

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

Last update: October 25, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Ikeja $2,392
Accommodation & Living
$2K
Monthly Utilities & Internet
$158
Groceries & Markets
$125
Eating Out
$67
Clothing & Footwear
$53
Sport & Entertainment
$13 *
Getting Around
$8.9

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

The average net salary is $74 – below monthly costs of $2,392. Most locals rely on shared housing or dual incomes. Remote workers earning abroad will find stronger purchasing power.

Groceries cost around $125 per month for one person. A mid-range dinner for two is priced at $11 – well below the African average of $41.

A monthly public transport pass costs about $3.33 – among the cheapest in Africa (average $29).

Cost Highlights

Ikeja has the cheapest local beer worldwide

Ikeja has the 3rd cheapest meal at budget restaurant worldwide

Imported beer is among the 20 cheapest worldwide (out of 7,167 cities)

Good to know
🕒 Local time
05:54 5:54 AM
🌤 Weather
👥 Population
861,300
💱 Currency
Exchange rates and currency converter

USD, EUR to NGN – Nigerian Naira Converter

Nigerian Naira exchange rates as of October 28, 2026: 1 USD = 1,346 NGN (10,000 NGN = 7.43 USD). 1 EUR = 1,501 NGN (10,000 NGN = 6.66 EUR).

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Ikeja Median Internet Speeds (Updated April 2026)

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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.
What is the average cost of living in Ikeja in 2026?
For 2026, a single person in Ikeja should plan on about $2,392 per month with rent, or $314 without housing. That covers a moderate lifestyle – food, utilities, transport, and some leisure – at current local prices.
Is Ikeja expensive to live in?
There’s no getting around it – Ikeja is expensive. Monthly costs with rent typically hit $2,392, and housing is the biggest culprit. Groceries, dining, and services also run above global averages, pushed up by strong local demand and high incomes.
What is the average salary in Ikeja?
After taxes, the average worker in Ikeja takes home about $74 per month. Of course, that varies a lot by industry and experience – tech and finance pay well above this, while service jobs often fall below it.
Is rent high in Ikeja?
Rent hits hard in Ikeja – 1-bedroom apartments range from $1,968 to $3,483 per month, and housing is the biggest single expense for most residents. Competition for well-connected central apartments is fierce.
How much is public transport in Ikeja?
Getting around Ikeja by public transport costs about $3.33 per month. A monthly pass generally covers buses, trams, and metro – much cheaper than owning a car for the daily commute.
Is food expensive in Ikeja?
Groceries are expensive in Ikeja – about $125 per month for one person. Imported goods and organic products are widely available but pricey. Local markets and discount stores help, but food is a noticeable budget item.
Can a person live on $2,000 monthly in Ikeja?
$2,000 is below the $2,392 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 $2,392 monthly all-in, it suits mid-range budgets for a comfortable – if not luxurious – lifestyle.

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