Cost Comparison 2025

LagosvsSingapore

Nigeria
Singapore

Overall

💰

+137.5%

Lagos is 137.5%more expensive

Rent

🏠

+200.0%

Housing is 200.0% higher

Dining

🍽️

+128.6%

Restaurants 128.6% pricier

Groceries

🛒

+88.9%

Food shopping 88.9% more

Comparing the cost of living between Lagos, Nigeria and Singapore, Singapore reveals significant insights for anyone considering relocation or travel in 2025. Our comprehensive analysis shows that Lagos is more expensive than Singapore 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 Singapore by 67%. A one-bedroom apartment in Lagos's city center costs around NGN 800,000, while the same in Singapore is approximately SGD 3,500.

Dining out in Lagos offers significant savings compared to Singapore. An inexpensive restaurant meal costs NGN 3,000 in Lagos versus SGD 15 in Singapore.

Public transportation in Lagos is more expensive, with monthly passes at NGN 20,000 compared to SGD 120 in Singapore.

Purchasing power in Singapore 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 47%. 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 Singapore, the same lifestyle would cost around SGD 777. For families, these figures increase significantly, with a family of four requiring about NGN 611,100 monthly in Lagos versus SGD 2,720 in Singapore. 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
Singapore, Singapore

🏠 Housing Costs (Monthly Rent)

1BR City Center
NGN 800,000
SGD 3,500
1BR Outside Center
NGN 400,000
SGD 2,500
3BR City Center
NGN 2,000,000
SGD 7,000

🍽️ Food & Dining

Meal, Inexpensive Restaurant
NGN 3,000
SGD 15
Meal for 2, Mid-range Restaurant
NGN 15,000
SGD 100
Cappuccino
NGN 1,500
SGD 6
Domestic Beer (0.5L)
NGN 800
SGD 10

🛒 Groceries

Milk (1L)
NGN 1,200
SGD 3
Bread (500g)
NGN 600
SGD 3
Eggs (12)
NGN 1,500
SGD 4
Cheese (1kg)
NGN 5,000
SGD 20

🚌 Transportation

One-way Ticket
NGN 500
SGD 2
Monthly Pass
NGN 20,000
SGD 120
Taxi Start
NGN 500
SGD 4
Gasoline (1L)
NGN 700
SGD 3

💡 Utilities & Internet

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

Tips for Moving Between Cities

For those considering a move from Lagos to Singapore, 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 Singapore 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

Singapore

Cost of Living Index95
Rent Index90
Purchasing Power Index100

Frequently Asked Questions

Is Lagos more expensive than Singapore?

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

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

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

What are the biggest cost differences between Lagos and Singapore?

The most significant cost difference is in housing. Rent prices differ by approximately 67%, 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?

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

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

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 Singapore, these figures are SGD 3,277 for singles and SGD 7,220 for families. These estimates include housing, food, transportation, and basic entertainment.

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

Calculate Salary Equivalence

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