The cost of living in Lagos, Nigeria, varies based on lifestyle, accommodation choices, and personal preferences. Here's an overview of typical expenses:
Accommodation:
One-Bedroom Apartment:
City Center: Approximately ₦1,455,000 per year.
Outside City Center: Around ₦815,000 per year.
Three-Bedroom Apartment:
City Center: About ₦3,500,000 per year.
Outside City Center: Approximately ₦2,085,000 per year.
Utilities:
Basic utilities for a standard household average around ₦43,000 per month.
Food and Groceries:
Dozen Eggs: ₦1,305
Milk (1 liter): ₦1,450
Rice (1 kg): ₦3,600
Loaf of White Bread: ₦2,300
Chicken Breasts (1 kg): ₦1,705
Dining Out:
Three-Course Meal for Two at a Mid-Range Restaurant: ₦71,500
Big Mac Meal: ₦3,350
Coca-Cola (330 ml): ₦625
Cappuccino: ₦4,650
Local Beer (0.5L): ₦975
Transportation:
Public Transport Fare (City-Center): ₦1,365
Taxi Rate per Kilometer: ₦3,500
Internet and Communication:
Monthly Mobile Phone Plan (with calls and data): ₦17,000
Uncapped ADSL or Cable Internet (per month): ₦27,000
Estimated Monthly Expenses:
Single Person: Approximately $582.3 (₦233,000) without rent.
Family of Four: Around $2,111.5 (₦845,000) without rent.
Note: These figures are approximate and can vary based on individual choices and economic fluctuations. It's advisable to conduct up-to-date research or consult local sources when planning a budget for living in Lagos.