Cost of Living in Ikeja - Updated Prices & Insights

Monthly Cost of Living

A single person spends around $2,411 per month with rent, or $303 for everyday expenses alone.

A couple spends around $4,102 per month with rent, or $496 for everyday expenses alone.

A family of three spends around $5,792 per month with rent, or $689 without housing.

Overall, Ikeja is 75–97% above the global median across household types. Within Africa, costs are 154% above average – among the most expensive in the region.

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🍽 Eating Out
Cost
Range
Meal at Budget Restaurant
$0.53 ₦706
$0.53 ₦706
$5.36 ₦7,101
Three-Course Dinner for Two, Mid-Range
$11.37 ₦15.1K
$11.37 ₦15.1K
$101 ₦134.4K
Fast Food Meal (McDonalds, etc)
$7.41 ₦9,821
$4.96 ₦6,574
$9.91 ₦13.1K
Cappuccino
$2.72 ₦3,600
$0.97 ₦1,286
$4.35 ₦5,761
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$0.15 ₦196
$0.13 ₦166
$0.64 ₦846
Water (0.33 liter bottle)
$0.06 ₦81.8
$0.06 ₦81.8
$0.35 ₦467
Local Beer (0.5 liter draught)
$0.31 ₦412
$0.31 ₦412
$2.07 ₦2,750
Imported Beer (0.33 liter bottle)
$2.02 ₦2,677
$1.35 ₦1,793
$3.03 ₦4,015
🛒 Groceries & Markets
Cost
Range
Milk (1 liter)
$0.72 ₦956
$0.72 ₦956
$4.31 ₦5,709
White Bread (500g)
$0.72 ₦953
$0.72 ₦953
$1.92 ₦2,540
Rice (white) (1kg)
$1.20 ₦1,594
$0.73 ₦972
$5.87 ₦7,773
Eggs
$2.23 ₦2,955
$1.81 ₦2,393
$2.63 ₦3,490
Local Cheese (1kg)
$3.56 ₦4,719
$1.89 ₦2,507
$9.06 ₦12.0K
Chicken Fillets (1kg)
$3.98 ₦5,272
$3.45 ₦4,566
$10.24 ₦13.6K
Beef Round Steak (1kg)
$4.43 ₦5,869
$1.12 ₦1,480
$9.96 ₦13.2K
Apples (1kg)
$1.70 ₦2,257
$0.92 ₦1,216
$2.04 ₦2,703
Banana (1kg)
$1.29 ₦1,712
$0.62 ₦815
$5.13 ₦6,793
Oranges (1kg)
$1.13 ₦1,499
$0.22 ₦297
$2.66 ₦3,525
Tomato (1kg)
$1.27 ₦1,679
$0.36 ₦478
$1.46 ₦1,938
Potato (1kg)
$1.32 ₦1,745
$0.74 ₦977
$1.84 ₦2,435
Onion (1kg)
$1.30 ₦1,717
$0.58 ₦775
$1.82 ₦2,414
Lettuce (1 head)
$0.83 ₦1,104
$0.36 ₦475
$1.37 ₦1,822
Water (1.5 liter bottle)
$0.39 ₦519
$0.27 ₦355
$0.62 ₦820
Cigarettes 20 Pack (Marlboro, Camel)
$0.55 ₦724
$0.36 ₦478
$0.73 ₦969
Wine (Bottle)
$2.68 ₦3,553
$1.84 ₦2,437
$4.60 ₦6,099
Local Beer (0.5 liter bottle)
$0.54 ₦720
$0.23 ₦305
$0.78 ₦1,039
Imported Beer (0.33 liter bottle)
$0.46 ₦608
$0.21 ₦279
$0.72 ₦950
🚌 Getting Around
Cost
Range
One-way Ticket (Public Transport)
$0.10 ₦131
-
Public Transport Monthly Pass (Regular Price)
$3.44 ₦4,562
-
Taxi Start (Normal Tariff)
$0.70 ₦921
$0.38 ₦509
$1.16 ₦1,540
Taxi (Normal Tariff) (1km)
$0.92 ₦1,213
$0.59 ₦783
$1.47 ₦1,944
Taxi 1hour Waiting (Normal Tariff)
$2.23 ₦2,961
$1.53 ₦2,033
$3.84 ₦5,089
Gasoline (1 liter)
$0.14 ₦186
$0.14 ₦186
$1.05 ₦1,393
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$11.2K ₦14.9M
$5,996 ₦7.9M
$12.0K ₦15.9M
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$13.4K ₦17.7M
$11.0K ₦14.6M
$20.6K ₦27.3M
🧾 Monthly Utilities & Internet
Cost
Range
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$110 ₦145.3K
$29.31 ₦38.8K
$245 ₦324.7K
SIM Card Monthly Plan (Calls and 10GB+ Data)
$16.20 ₦21.5K
$3.74 ₦4,959
$50.1 ₦66.4K
Internet (50+ Mbps, Unlimited Data)
$33.03 ₦43.8K
$19.02 ₦25.2K
$76.1 ₦100.9K
🎉 Sport & Entertainment
Cost
Range
Cinema Ticket
$4.67 ₦6,193
$3.70 ₦4,904
$7.41 ₦9,822
🧸 Childcare & Education
Cost
Range
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$662 ₦877.0K
$25.95 ₦34.4K
$2,333 ₦3.1M
International Primary School, 1 Child (Yearly)
$19.6K ₦26.0M
$3,370 ₦4.5M
$31.9K ₦42.3M
👕👟 Clothing & Footwear
Cost
Range
Jeans (Levis 501 Or Similar)
$14.46 ₦19.2K
$8.89 ₦11.8K
$22.25 ₦29.5K
Summer Dress (H&M, Zara, etc)
$18.41 ₦24.4K
$7.60 ₦10.1K
$49.43 ₦65.5K
Sport Shoes (Adidas, Nike)
$35.95 ₦47.6K
$20.76 ₦27.5K
$74.1 ₦98.2K
Men's Leather Business Shoes
$47.64 ₦63.1K
$18.39 ₦24.4K
$147 ₦195.0K
🏠 Accommodation & Living
Cost
Range
1-bedroom Apartment, City Center (Monthly)
$3,447 ₦4.6M
-
1-bedroom Apartment, Outside City Center (Monthly)
$1,984 ₦2.6M
-
3-bedroom Apartment, City Center (Monthly)
$6,568 ₦8.7M
-
3-bedroom Apartment, Outside City Center (Monthly)
$4,908 ₦6.5M
-
💵 Salaries & Financials
Cost
Range
Average Monthly Net Salary (After Tax)
$74.0 ₦98.1K
-
20-Year Fixed Mortgage Interest Rate (Annual %)
18.05
18
18.33

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

Last update: September 7, 2026

Cost Breakdown

A one-bedroom apartment in the city center costs around $3,447, dropping to $1,984 outside central areas. Housing accounts for roughly 4659% of the average salary ($74.0) – well above the 30% international benchmark.

The average net salary is $74.0 – below monthly costs of $2,411. Most locals rely on shared housing or dual incomes. Remote workers earning abroad will find stronger purchasing power.

Groceries cost around $123 per month for one person. A mid-range dinner for two is priced at $11.00 – well below the African average of $42.00.

A monthly public transport pass costs about $3.44 – among the cheapest in Africa (average $30.00).

Cost Highlights

Ikeja has the 2nd cheapest imported beer worldwide

Ikeja has the 3rd cheapest local beer worldwide

Ikeja has the 4th cheapest meal at budget restaurant worldwide

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?
There's no getting around it – Ikeja is expensive. Monthly costs with rent typically hit $2,411, 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 percentage of income goes to rent in Ikeja?
Housing in Ikeja takes a heavy bite – about 4659% 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, $3,617 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 hits hard in Ikeja – 1-bedroom apartments range from $1,984 to $3,447 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 $3.44 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 $123 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.
Is $2,000 enough to live comfortably in Ikeja?
$2,000 in Ikeja is a stretch – monthly costs with rent hit $2,411, and housing alone takes a big chunk. Even with a shared flat and minimal going out, there's very little buffer for surprises or savings.
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 $2,411 monthly all-in, it suits mid-range budgets for a comfortable – if not luxurious – lifestyle.

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