Cost of living
Lagos compared to Ibadan
🏛️
Overview comparison
LagosIbadan
Consumer prices in Lagos are roughly 2% higher than in Ibadan.
Cost of living
| Item | Lagos | Ibadan |
|---|
| Total with rent one person | 606 | 615 |
|---|
| Total with rent family | 1,311 | 2,281 |
|---|
| Without rent one person | 270 | 393 |
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| Without rent one family | 977 | 1,023 |
|---|
| Rent & Utilities person | 301.69 | 504.07 |
|---|
| Rent & Utilities family | 536.23 | 1,419.58 |
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| Food person | 185 | 161 |
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| Food family | 626 | 450 |
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| Transport person | 33.02 | 93.32 |
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| Transport family | 98.34 | 263.08 |
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| Life expectancy | 82.66 years | 67.04 years |
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Eating Out
| Item | Lagos | Ibadan |
|---|
| Lunch Menu | 2.58 | 1.26 |
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| Dinner in a Restaurant, for 2 | 26.8 | 17.76 |
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| Fast food meal, equiv. McDonald's | 3.94 | 7.25 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 0.9 | 0.88 |
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| Cappuccino | 2.07 | 0.82 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 0.51 | 0.33 |
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Rent & Utilities
| Item | Lagos | Ibadan |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 381.98 | 508.11 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 267.72 | 322.33 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 909.78 | 1,053.15 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 581.48 | 1,357.48 |
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| Utility Bill one person, electricity, heating, water, etc. | 17.08 | 11.33 |
|---|
| Utility Bill for a Family, electricity, heating, water, etc. | 23.72 | 18.23 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 30.9 | 17.5 |
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Transportation
| Item | Lagos | Ibadan |
|---|
| Local transport ticket | 22.4 | 13.89 |
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| Monthly ticket local transport | 2,003 | 677 |
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| Taxi Ride, 8 km or 5 mi | 1,283 | 296 |
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| Gas / Petrol, 1 L or 0.26 gal | 0.76 | 0.27 |
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| Mortgage Interest Rate for 20 Years | 11.81% | 43.08% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 8.37 | 8.26 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 0.51 | 0.48 |
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Groceries
| Item | Lagos | Ibadan |
|---|
| Milk, 1 L or 1 qt | 2.02 | 2.24 |
|---|
| Bread, 0.5 kg or 1.1 lb | 1.05 | 1.22 |
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| Eggs, x12 | 1.44 | 2.04 |
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| Cheese, 1 kg or 2.2 lb | 3.3 | 4.71 |
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| Chicken Breast, 1 kg or 2.2 lb | 3.61 | 5.76 |
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| Round Steak, 1 kg or 2.2 lb | 3.73 | 4.35 |
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| Banana, 1 kg or 2.2 lb | 1.85 | 1.03 |
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| Water, 1 L or 1 qt | 0.48 | 0.2 |
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Other
| Item | Lagos | Ibadan |
|---|
| Gym Membership, 1 month | 24.8 | 27.38 |
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| Cinema Ticket, 1 person | 6.67 | 2.14 |
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| Doctors visit | 5 | 5.32 |
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| Haircut, simple | 1.39 | 1.39 |
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| Brand Jeans | 21.7 | 16.45 |
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| Brand Sneakers | 72.16 | 38.9 |
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| Daycare or Preschool, 1 month | 122.01 | 46.95 |
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| International Primary School, 1 year | 2,177 | 1,830 |
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