Cost Comparison 2025

LagosvsChicago

Nigeria
United States

Overall

💰

+105.0%

Lagos is 105.0%more expensive

Rent

🏠

+116.7%

Housing is 116.7% higher

Dining

🍽️

+128.6%

Restaurants 128.6% pricier

Groceries

🛒

+77.8%

Food shopping 77.8% more

Comparing the cost of living between Lagos, Nigeria and Chicago, United States reveals significant insights for anyone considering relocation or travel in 2025. Our comprehensive analysis shows that Lagos is more expensive than Chicago by approximately 105.0%. 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 lower than in Chicago by 54%. A one-bedroom apartment in Lagos's city center costs around NGN 800,000, while the same in Chicago is approximately $2,200.

Dining out in Lagos offers significant savings compared to Chicago. An inexpensive restaurant meal costs NGN 3,000 in Lagos versus $18 in Chicago.

Public transportation in Lagos is more expensive, with monthly passes at NGN 20,000 compared to $105 in Chicago.

Purchasing power in Chicago is notably stronger, meaning residents can afford more goods and services with their local salaries compared to Lagos.

Grocery shopping in Lagos is more affordable by approximately 44%. Basic items like milk, bread, and eggs show lower 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 Chicago, the same lifestyle would cost around $638. For families, these figures increase significantly, with a family of four requiring about NGN 611,100 monthly in Lagos versus $2,232 in Chicago. 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
Chicago, United States

🏠 Housing Costs (Monthly Rent)

1BR City Center
NGN 800,000
$2,200
1BR Outside Center
NGN 400,000
$1,600
3BR City Center
NGN 2,000,000
$4,000

🍽️ Food & Dining

Meal, Inexpensive Restaurant
NGN 3,000
$18
Meal for 2, Mid-range Restaurant
NGN 15,000
$90
Cappuccino
NGN 1,500
$5
Domestic Beer (0.5L)
NGN 800
$6

🛒 Groceries

Milk (1L)
NGN 1,200
$1
Bread (500g)
NGN 600
$3
Eggs (12)
NGN 1,500
$4
Cheese (1kg)
NGN 5,000
$12

🚌 Transportation

One-way Ticket
NGN 500
$3
Monthly Pass
NGN 20,000
$105
Taxi Start
NGN 500
$4
Gasoline (1L)
NGN 700
$1

💡 Utilities & Internet

Basic Utilities (85m²)
NGN 40,000
$140
Internet (60 Mbps)
NGN 25,000
$60
Mobile Minute
NGN 50
$0

Tips for Moving Between Cities

For those considering a move from Lagos to Chicago, 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 Chicago to Lagos 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

Chicago

Cost of Living Index82
Rent Index65
Purchasing Power Index110

Frequently Asked Questions

Is Lagos more expensive than Chicago?

Yes, Lagos is approximately 105.0% more expensive than Chicago overall. The biggest differences are in housing and restaurant prices.

How much salary do I need in Lagos compared to Chicago?

To maintain the same standard of living, you would need approximately 2.0x of your Chicago salary when living in Lagos. For example, if you earn $50,000 in Chicago, you'd need about $102,500 in Lagos for a comparable lifestyle.

What are the biggest cost differences between Lagos and Chicago?

The most significant cost difference is in dining out. Restaurant prices vary by about 56%, which can significantly impact your entertainment budget. Transportation and utilities show notable variations between the two cities.

Which city is better for expats and digital nomads?

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

What's a reasonable monthly budget for Lagos vs Chicago?

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 Chicago, these figures are $2,238 for singles and $5,032 for families. These estimates include housing, food, transportation, and basic entertainment.

The cost of living comparison between Lagos and Chicago in 2025 shows significant 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 Chicago to maintain your lifestyle from Lagos

Calculate Salary Equivalence

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