The cost of living in Lagos fluctuates with Nigeria’s unpredictable economy, but the city has gained a reputation for being an expensive expat destination.

Soaring inflation rates have eroded local purchasing power, but for those earning foreign currency, this has led to a decrease in relative living costs. Given the country’s unstable economy, foreigners working in the city often negotiate employment contracts that include housing, health insurance, a driver and car, and education. If these benefits aren’t covered, you should negotiate your salary accordingly to accommodate these expenses.

Moving to Lagos


Cost of accommodation in Lagos

Accommodation in Lagos has not kept up with the city’s rapid development. High demand has driven up rental prices, meaning quality accommodation can be hard to come by. Only a handful of suburbs in Lagos offer expats a reasonable quality of life in terms of accommodation, amenities, and convenience. Most expats living in Lagos reside on Victoria Island and in Ikoyi, Apapa, and Ikeja.

The majority of rental contracts are only available on a two-year lease. It’s also not uncommon for the landlord to require the total amount to be paid upfront rather than in monthly instalments. Luckily, housing is usually provided as part of most expat workers’ relocation packages. If you have been allocated an accommodation allowance, make sure the amount promised is enough to secure appropriate housing in Lagos.

Renting Expat Accommodation in Lagos 
Best and Worst Areas and Suburbs in Lagos


Cost of transport in Lagos

Transport in Lagos is relatively affordable. The most common forms of public transport in Lagos include taxis, buses, and motorbike taxis. Despite improvements over the years, most public transport modes remain unsafe or unreliable due to poorly maintained vehicles and reckless drivers.

Most expats instead opt to have a car, often with a personal driver. This is typically also offered as part of their relocation package. If not, you’ll need to budget for the driver’s salary, petrol, and car maintenance fees.

Getting Around in Lagos


Cost of groceries in Lagos

Imported foodstuffs and clothing brands are frequently overpriced in Lagos. Shopping locally is much cheaper than going to one of the numerous modern malls that have emerged over the last few years. Reasonable prices for local produce can be found at markets. Buying materials to have clothes made by a local tailor will also make buying clothing more budget-friendly.


Cost of entertainment and eating out in Lagos

Entertainment and dining out in Lagos can cater for various tastes and budgets. The city boasts a thrilling nightlife with myriad restaurants, bars, and nightclubs. However, you will find the cost of a night out comparable to one in many North American or Western European cities. High-end restaurants and venues often charge premium prices for their services, reflecting the city’s cosmopolitan allure and the affluence of its patrons.

On the other hand, many local eateries and street food vendors offer delicious Nigerian cuisine at much more affordable prices. Similarly, local events, markets, and outdoor activities provide cost-effective entertainment options.

The diversity in entertainment and dining out reflects the broader socio-economic spectrum of Lagos, and you can find options that suit your budgetary constraints while still taking in the city’s rich cultural offerings.

Lifestyle in Lagos


Cost of education in Lagos

With public schooling not being up to the standards that you may be used to, you’ll likely choose to send your children to an international school in Lagos. Education at these institutions is pricey but excellent, and the curricula on offer are typically globally recognised. Ensure you stipulate subsidies and allowances for education when negotiating your employment contract.

Education and Schools in Lagos 
Best International Schools in Lagos


Cost of healthcare in Lagos

Healthcare in Lagos can be a mixed bag. On one hand, public healthcare facilities in Lagos are more affordable but may lack the equipment and the standard of care that you expect.

On the other hand, there are several private healthcare facilities that offer high-quality medical services. These facilities often have medical staff trained abroad and have the equipment to provide a wide range of medical services. The high cost of operation for these facilities translates to high medical bills for patients.

Many expats opt for private healthcare insurance plans that can cover medical treatments at private facilities. Make sure you have a comprehensive health insurance plan to cover potential medical costs and to ensure access to the best available healthcare services in the city. Some expat employment contracts include health insurance coverage, which can significantly alleviate the healthcare cost burden.

Healthcare in Lagos


Cost of living in Lagos chart

Prices are in Nigerian naira (NGN) and may vary across Nigeria, depending on the product and service provider. The list below shows average prices in Lagos in September 2025.

Accommodation (monthly rent)
Three-bedroom apartment in the city centreNGN 4,000,000
Three-bedroom apartment outside the city centreNGN 3,000,000
One-bedroom apartment in the city centreNGN 2,000,000
One-bedroom apartment outside the city centreNGN 1,500,000
Food and drink
Eggs (dozen)NGN 2,500
Milk (1 litre)NGN 2,300
Rice (1kg)NGN 2,500
Loaf of white breadNGN 2,000
Chicken breasts (1kg)NGN 6,500
Cheese (500g)NGN 5,300
Eating out
Three-course meal for two at a mid-range restaurantNGN 80,000
Big Mac MealNGN 8,000
Coca-Cola (330ml)NGN 2,000
CappuccinoNGN 4,000
Local beer (500ml)NGN 1,500
Utilities/household
Mobile phone plan (monthly, calls, and data)NGN 17,000
Internet (uncapped ADSL or cable – average per month)NGN 50,000
Basic utilities (average per month for a standard household)NGN 65,000
Transportation
Taxi rate (per kilometre)NGN 3,000
Bus/train fare in the city centreNGN 2,000
Gasoline/Petrol (per litre)NGN 1,200

Expat Health Insurance

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