Cost Comparison 2025

LagosvsBuenos Aires

Nigeria
Argentina

Overall

💰

0.0%

Lagos is 0.0%same cost

Rent

🏠

-16.7%

Housing is 16.7% lower

Dining

🍽️

0.0%

Restaurants 0.0% same

Groceries

🛒

-15.6%

Food shopping 15.6% less

Comparing the cost of living between Lagos, Nigeria and Buenos Aires, Argentina reveals significant insights for anyone considering relocation or travel in 2025. Our comprehensive analysis shows that Lagos is similarly priced than Buenos Aires. This comparison covers essential living expenses including housing, food, transportation, and utilities, providing you with a complete picture of what to expect financially in each city.

Key Cost Differences

Housing costs in Lagos are higher than in Buenos Aires by 20%. A one-bedroom apartment in Lagos's city center costs around NGN 800,000, while the same in Buenos Aires is approximately ARS 400,000.

Dining out in Lagos costs about the same compared to Buenos Aires. An inexpensive restaurant meal costs NGN 3,000 in Lagos versus ARS 4,000 in Buenos Aires.

Public transportation in Lagos is more expensive, with monthly passes at NGN 20,000 compared to ARS 2,500 in Buenos Aires.

Grocery shopping in Lagos is more expensive by approximately 18%. Basic items like milk, bread, and eggs show higher prices across the board.

Monthly Budget Breakdown

When breaking down monthly expenses, a single person in Lagos can expect to spend approximately NGN 174,600 per month (excluding rent), while in Buenos Aires, the same lifestyle would cost around ARS 101,900. For families, these figures increase significantly, with a family of four requiring about NGN 611,100 monthly in Lagos versus ARS 356,650 in Buenos Aires. These estimates include groceries, dining out, transportation, utilities, and entertainment, providing a realistic picture of day-to-day living costs in each city.

Detailed Cost Comparison

Item
Lagos, Nigeria
Buenos Aires, Argentina

🏠 Housing Costs (Monthly Rent)

1BR City Center
NGN 800,000
ARS 400,000
1BR Outside Center
NGN 400,000
ARS 300,000
3BR City Center
NGN 2,000,000
ARS 800,000

🍽️ Food & Dining

Meal, Inexpensive Restaurant
NGN 3,000
ARS 4,000
Meal for 2, Mid-range Restaurant
NGN 15,000
ARS 20,000
Cappuccino
NGN 1,500
ARS 1,200
Domestic Beer (0.5L)
NGN 800
ARS 1,500

🛒 Groceries

Milk (1L)
NGN 1,200
ARS 500
Bread (500g)
NGN 600
ARS 600
Eggs (12)
NGN 1,500
ARS 1,000
Cheese (1kg)
NGN 5,000
ARS 5,000

🚌 Transportation

One-way Ticket
NGN 500
ARS 50
Monthly Pass
NGN 20,000
ARS 2,500
Taxi Start
NGN 500
ARS 600
Gasoline (1L)
NGN 700
ARS 400

💡 Utilities & Internet

Basic Utilities (85m²)
NGN 40,000
ARS 15,000
Internet (60 Mbps)
NGN 25,000
ARS 6,000
Mobile Minute
NGN 50
ARS 10

Tips for Moving Between Cities

For those considering a move from Buenos Aires to Lagos, the cost savings can be substantial, particularly in housing and daily expenses. However, it's important to factor in salary differences and job opportunities. Conversely, moving from Lagos to Buenos Aires requires careful financial planning. Consider negotiating salary adjustments that reflect the higher cost of living, and research neighborhoods outside the city center for more affordable housing options while maintaining reasonable commute times.

Quality of Life Indices

Lagos

Cost of Living Index40
Rent Index30
Purchasing Power Index20

Buenos Aires

Cost of Living Index40
Rent Index25
Purchasing Power Index30

Frequently Asked Questions

Is Lagos more expensive than Buenos Aires?

The cost of living in Lagos and Buenos Aires is relatively similar, with only minor differences in specific categories. Your actual expenses will depend on your lifestyle choices.

How much salary do I need in Lagos compared to Buenos Aires?

To maintain the same standard of living, you would need approximately 100% of your Buenos Aires salary when living in Lagos. For example, if you earn $50,000 in Buenos Aires, you'd need about $50,000 in Lagos for a comparable lifestyle.

What are the biggest cost differences between Lagos and Buenos Aires?

The most significant cost difference is in housing. Rent prices differ by approximately 20%, making it a major factor in your budget planning. Transportation and utilities show notable variations between the two cities.

Which city is better for expats and digital nomads?

Buenos Aires offers better purchasing power, making it more attractive for those earning in strong currencies. However, Buenos Aires provides lower living costs, which benefits budget-conscious travelers. Consider Lagos if you prioritize cultural experiences, or Buenos Aires for better value.

What's a reasonable monthly budget for Lagos vs Buenos Aires?

In Lagos, a single person needs approximately NGN 574,600 per month (including rent), while a family of four requires about NGN 1,611,100. In Buenos Aires, these figures are ARS 401,900 for singles and ARS 956,650 for families. These estimates include housing, food, transportation, and basic entertainment.

The cost of living comparison between Lagos and Buenos Aires in 2025 shows moderate differences across various expense categories. Whether you're planning a relocation for work, considering retirement options, or simply curious about living costs, understanding these differences is crucial for making informed financial decisions.

Need to calculate salary equivalence?

Find out how much you need to earn in Buenos Aires to maintain your lifestyle from Lagos

Calculate Salary Equivalence

Last updated: 2025-01-28 • Data sourced from multiple providers