Cost Comparison 2025

LagosvsLondon

Nigeria
United Kingdom

Overall

💰

+137.5%

Lagos is 137.5%more expensive

Rent

🏠

+183.3%

Housing is 183.3% higher

Dining

🍽️

+171.4%

Restaurants 171.4% pricier

Groceries

🛒

+77.8%

Food shopping 77.8% more

Comparing the cost of living between Lagos, Nigeria and London, United Kingdom reveals significant insights for anyone considering relocation or travel in 2025. Our comprehensive analysis shows that Lagos is more expensive than London by approximately 137.5%. 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 London by 65%. A one-bedroom apartment in Lagos's city center costs around NGN 800,000, while the same in London is approximately £2,500.

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

Public transportation in Lagos is more expensive, with monthly passes at NGN 20,000 compared to £180 in London.

Purchasing power in London 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 London, the same lifestyle would cost around £716. For families, these figures increase significantly, with a family of four requiring about NGN 611,100 monthly in Lagos versus £2,505 in London. 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
London, United Kingdom

🏠 Housing Costs (Monthly Rent)

1BR City Center
NGN 800,000
£2,500
1BR Outside Center
NGN 400,000
£1,800
3BR City Center
NGN 2,000,000
£5,500

🍽️ Food & Dining

Meal, Inexpensive Restaurant
NGN 3,000
£18
Meal for 2, Mid-range Restaurant
NGN 15,000
£80
Cappuccino
NGN 1,500
£4
Domestic Beer (0.5L)
NGN 800
£6

🛒 Groceries

Milk (1L)
NGN 1,200
£1
Bread (500g)
NGN 600
£2
Eggs (12)
NGN 1,500
£3
Cheese (1kg)
NGN 5,000
£10

🚌 Transportation

One-way Ticket
NGN 500
£3
Monthly Pass
NGN 20,000
£180
Taxi Start
NGN 500
£4
Gasoline (1L)
NGN 700
£2

💡 Utilities & Internet

Basic Utilities (85m²)
NGN 40,000
£200
Internet (60 Mbps)
NGN 25,000
£35
Mobile Minute
NGN 50
£0

Tips for Moving Between Cities

For those considering a move from Lagos to London, 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 London 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

London

Cost of Living Index95
Rent Index85
Purchasing Power Index90

Frequently Asked Questions

Is Lagos more expensive than London?

Yes, Lagos is approximately 137.5% more expensive than London overall. The biggest differences are in housing and restaurant prices.

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

To maintain the same standard of living, you would need approximately 2.4x of your London salary when living in Lagos. For example, if you earn $50,000 in London, you'd need about $118,750 in Lagos for a comparable lifestyle.

What are the biggest cost differences between Lagos and London?

The most significant cost difference is in housing. Rent prices differ by approximately 65%, 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?

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

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

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 London, these figures are £2,516 for singles and £6,005 for families. These estimates include housing, food, transportation, and basic entertainment.

The cost of living comparison between Lagos and London 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 London to maintain your lifestyle from Lagos

Calculate Salary Equivalence

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