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Lagos, Nigeria

Cost of living · 2023 · Africa · Rent +6.8% vs 2022

1-Bed Rent NGN 517,000 per month
3-Bed Rent NGN 1,034,000 per month
Groceries NGN 122,200 per month
Transport Pass NGN 20,680 per month
Utilities NGN 51,700 per month
Restaurant Meal NGN 3,760 per person

Rent trend in Lagos (2022–2026)

Cost breakdown in Lagos (2023)

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Estimated monthly budget in Lagos

Based on 2023 data. Includes rent, groceries, transport, utilities and occasional dining out.

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Single person
NGN 741,660
🏠 Rent NGN 517,000
🛒 Groceries NGN 122,200
🚌 Transport NGN 20,680
💡 Utilities NGN 51,700
🍽️ Dining out NGN 30,080
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Family (3–4 people)
NGN 1,493,190
🏠 Rent 3-bed NGN 1,034,000
🛒 Groceries NGN 305,500
🚌 Transport ×2 NGN 41,360
💡 Utilities NGN 67,210
🍽️ Dining out NGN 45,120

Cost comparison — cities in Nigeria (2023)

City 1-Bed Rent Groceries Transport Utilities vs Lagos
Lagos NGN 517,000 NGN 122,200 NGN 20,680 NGN 51,700
Abuja NGN 451,200 NGN 112,800 NGN 17,860 NGN 45,120 -12.7%

Frequently asked questions

What is the cost of living in Lagos in 2023?

In 2023, a single person living in Lagos needs approximately NGN 741,660/month, covering rent, groceries, transport and utilities. A family of 3–4 typically spends around NGN 1,493,190/month. Lagos is considered a relatively expensive city by global standards.

How much is rent in Lagos in 2023?

A 1-bedroom apartment in Lagos costs approximately NGN 517,000/month in 2023. A 3-bedroom apartment runs around NGN 1,034,000/month. Rent has changed +6.8% vs 2022.

How much do groceries cost in Lagos?

Monthly grocery costs for one person in Lagos are approximately NGN 122,200 in 2023. This covers basic supermarket shopping including food and household essentials.

What does public transport cost in Lagos?

A monthly public transport pass in Lagos costs NGN 20,680 in 2023, covering unlimited bus, metro and tram travel within the city.

How much are utilities in Lagos?

Monthly utility costs in Lagos average NGN 51,700 in 2023, covering electricity, heating/cooling, water and internet for a standard apartment.

Is Lagos expensive to live in?

Lagos is located in Nigeria (Africa). With a 1-bed rent of NGN 517,000/month and total single-person expenses around NGN 741,660/month, it is relatively expensive by global standards.

How much does eating out cost in Lagos?

A typical restaurant meal for one person in Lagos costs approximately NGN 3,760 in 2023. Budget around NGN 30,080/month if dining out a few times a week.

How have living costs in Lagos changed over time?

LifeIndexed tracks cost of living data for Lagos from 2022 to 2026. 1-bed rent has increased by 77.5% over this period (from NGN 484,000 in 2022 to NGN 858,880 in 2026). Use the year tabs above to compare costs across years.

What is the monthly budget needed to live comfortably in Lagos?

To live comfortably in Lagos in 2023, a single person needs approximately NGN 741,660/month. This covers rent (NGN 517,000), groceries (NGN 122,200), transport (NGN 20,680), utilities (NGN 51,700) and dining out occasionally. A family of 3–4 should budget around NGN 1,493,190/month.

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