Cost Comparison 2025

LagosvsSantiago

Nigeria
Chile

Overall

💰

+37.5%

Lagos is 37.5%more expensive

Rent

🏠

+16.7%

Housing is 16.7% higher

Dining

🍽️

+42.9%

Restaurants 42.9% pricier

Groceries

🛒

+22.2%

Food shopping 22.2% more

Comparing the cost of living between Lagos, Nigeria and Santiago, Chile reveals significant insights for anyone considering relocation or travel in 2025. Our comprehensive analysis shows that Lagos is more expensive than Santiago by approximately 37.5%. 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 Santiago by 14%. A one-bedroom apartment in Lagos's city center costs around NGN 800,000, while the same in Santiago is approximately CLP 500,000.

Dining out in Lagos offers significant savings compared to Santiago. An inexpensive restaurant meal costs NGN 3,000 in Lagos versus CLP 7,000 in Santiago.

Public transportation in Lagos is more affordable, with monthly passes at NGN 20,000 compared to CLP 33,000 in Santiago.

Purchasing power in Santiago 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 18%. 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 Santiago, the same lifestyle would cost around CLP 286,600. For families, these figures increase significantly, with a family of four requiring about NGN 611,100 monthly in Lagos versus CLP 1,003,100 in Santiago. 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
Santiago, Chile

🏠 Housing Costs (Monthly Rent)

1BR City Center
NGN 800,000
CLP 500,000
1BR Outside Center
NGN 400,000
CLP 350,000
3BR City Center
NGN 2,000,000
CLP 900,000

🍽️ Food & Dining

Meal, Inexpensive Restaurant
NGN 3,000
CLP 7,000
Meal for 2, Mid-range Restaurant
NGN 15,000
CLP 40,000
Cappuccino
NGN 1,500
CLP 3,000
Domestic Beer (0.5L)
NGN 800
CLP 3,000

🛒 Groceries

Milk (1L)
NGN 1,200
CLP 900
Bread (500g)
NGN 600
CLP 1,000
Eggs (12)
NGN 1,500
CLP 2,500
Cheese (1kg)
NGN 5,000
CLP 8,000

🚌 Transportation

One-way Ticket
NGN 500
CLP 800
Monthly Pass
NGN 20,000
CLP 33,000
Taxi Start
NGN 500
CLP 700
Gasoline (1L)
NGN 700
CLP 1,200

💡 Utilities & Internet

Basic Utilities (85m²)
NGN 40,000
CLP 80,000
Internet (60 Mbps)
NGN 25,000
CLP 20,000
Mobile Minute
NGN 50
CLP 100

Tips for Moving Between Cities

For those considering a move from Lagos to Santiago, 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 Santiago 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

Santiago

Cost of Living Index55
Rent Index35
Purchasing Power Index50

Frequently Asked Questions

Is Lagos more expensive than Santiago?

Yes, Lagos is approximately 37.5% more expensive than Santiago overall. The biggest differences are in housing and restaurant prices.

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

To maintain the same standard of living, you would need approximately 1.4x of your Santiago salary when living in Lagos. For example, if you earn $50,000 in Santiago, you'd need about $68,750 in Lagos for a comparable lifestyle.

What are the biggest cost differences between Lagos and Santiago?

The most significant cost difference is in dining out. Restaurant prices vary by about 30%, 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?

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

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

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 Santiago, these figures are CLP 636,600 for singles and CLP 1,653,100 for families. These estimates include housing, food, transportation, and basic entertainment.

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

Calculate Salary Equivalence

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