Summary of The Cost of Living in Lagos, Nigeria
• The average monthly cost of living for a single person in Lagos is $912.00 including rent, or $482.00 excluding rent.
• The average monthly cost of living for a couple (2 adults) in Lagos is $1,204.40 including rent, or $774.40 excluding rent.
• The average monthly cost of living for a family of four (2 adults + 2 children) in Lagos is $1,648.90 including rent, or $1,089.90 excluding rent.
• The average yearly cost of living in Lagos ranges from $10,944.00 for a single person to $14,452.80 for a couple, and $19,786.80 for a family of four, including rent. Excluding rent, the yearly range is $5,784.00 for a single person to $9,292.80 for a couple, and $13,078.80 for a family of four.
• For budget-conscious living in Lagos, baseline monthly expenses range from $332.33 for a single person to $446.46 for a couple, and $615.52 for a family of four, including rent. Excluding rent, the range is $182.33 for a single person to $296.46 for a couple, and $420.52 for a family of four.
• For comfortable/luxury living in Lagos, estimated monthly expenses range from $2,576.67 for a single person to $3,244.64 for a couple, and $4,390.48 for a family of four, including rent. Excluding rent, the range is $1,126.67 for a single person to $1,794.64 for a couple, and $2,505.48 for a family of four.
• The average monthly salary for a person in Lagos is $235.00, which is 51.2% less than the average monthly cost of living and 28.9% more than the budget cost of living for a single person, excluding rent.
Cost of Living Details
| Category | Subcategory | Description | Cost Range (Monthly) |
|---|---|---|---|
| Monthly rent for your primary residence (apartments, houses, condos) | |||
| Monthly electricity bill | |||
| Monthly running water bill | |||
| Monthly broadband internet subscription with unlimited data and cable TV | |||
| Monthly gas and heating expenses | |||
| Monthly mobile phone plan with data and calling | |||
| Monthly food and grocery expenses | |||
| Monthly expenses for basic household supplies and personal hygiene items (toiletries, cleaning supplies, and paper products) | |||
| Monthly transportation costs (public transit, vehicle ownership, or ride-sharing) | |||
| Monthly expenses for movies, coffee, drinks, and social activities (excluding shopping & dining) | |||
| Monthly expenses for clothing, shoes, and accessories | |||
| Monthly health insurance cost | |||
| Monthly prescription medications and pharmacy expenses | |||
| Monthly doctor visits and dental care expenses | |||
| Monthly gym membership | |||
| Monthly expenses for laundry and housekeeping services | |||
| Monthly expenses for food and basic care per pet (grooming, veterinary visits, treats, and medications) | |||
| Monthly childcare and school fees | |||
| Total (selected items only) | |||
Expense Distribution
Salary Info
| Category | Subcategory | Description | Salary Range (Monthly) |
|---|---|---|---|
| Salary | Salary | Monthly salary (full-time) |