🏳️ Nigeria · #465 of 538 cities · 2026

Cost of Living in Lagos

Very affordable — cheaper than 13.6% of cities worldwide

Ranked #465 of 538 cities · More expensive than 13.6% of cities worldwide

Very affordable
Cost of Living
Very affordable
Rent
Very affordable
Groceries
Very weak
Purchasing Power

Lower index = more affordable

Rent Prices

Rent Prices in Lagos

Apartment City Centre Outside Centre You Save
1-Bedroom NGN 779,747/mo ≈ $567 NGN 584,810/mo ≈ $425 25%
3-Bedroom NGN 1,358,713/mo ≈ $988 NGN 1,019,035/mo ≈ $741 25%
Estimated from rent index. Actual prices vary. · 2026

Cost Indices

Cost of Living
32.0 Very affordable
Rent
19.0 Very affordable
Groceries
31.3 Very affordable
Restaurants
30.4 Very affordable
Purchasing Power
9.6 Very weak

Living in Lagos: What to Expect

Lagos is very affordable by global standards (ranked #465 of 538 cities), cheaper than 13.6% of cities worldwide.

Groceries are very affordable, while dining out is very affordable. Rent offers the best value, while Groceries is the priciest.

Local purchasing power is limited — residents can afford fewer goods and services than in most cities.

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