Cost Comparison 2025

MumbaivsLagos

India
Nigeria

Overall

💰

+14.3%

Mumbai is 14.3%more expensive

Rent

🏠

+20.0%

Housing is 20.0% higher

Dining

🍽️

+16.7%

Restaurants 16.7% pricier

Groceries

🛒

+28.6%

Food shopping 28.6% more

Comparing the cost of living between Mumbai, India and Lagos, Nigeria reveals significant insights for anyone considering relocation or travel in 2025. Our comprehensive analysis shows that Mumbai is more expensive than Lagos by approximately 14.3%. 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 Mumbai are lower than in Lagos by 17%. A one-bedroom apartment in Mumbai's city center costs around ₹35,000, while the same in Lagos is approximately NGN 800,000.

Dining out in Mumbai offers significant savings compared to Lagos. An inexpensive restaurant meal costs ₹200 in Mumbai versus NGN 3,000 in Lagos.

Public transportation in Mumbai is more affordable, with monthly passes at ₹1,500 compared to NGN 20,000 in Lagos.

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

Grocery shopping in Mumbai is more affordable by approximately 22%. 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 Mumbai can expect to spend approximately ₹12,260 per month (excluding rent), while in Lagos, the same lifestyle would cost around NGN 174,600. For families, these figures increase significantly, with a family of four requiring about ₹42,910 monthly in Mumbai versus NGN 611,100 in Lagos. 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
Mumbai, India
Lagos, Nigeria

🏠 Housing Costs (Monthly Rent)

1BR City Center
₹35,000
NGN 800,000
1BR Outside Center
₹20,000
NGN 400,000
3BR City Center
₹100,000
NGN 2,000,000

🍽️ Food & Dining

Meal, Inexpensive Restaurant
₹200
NGN 3,000
Meal for 2, Mid-range Restaurant
₹1,500
NGN 15,000
Cappuccino
₹150
NGN 1,500
Domestic Beer (0.5L)
₹200
NGN 800

🛒 Groceries

Milk (1L)
₹55
NGN 1,200
Bread (500g)
₹35
NGN 600
Eggs (12)
₹80
NGN 1,500
Cheese (1kg)
₹400
NGN 5,000

🚌 Transportation

One-way Ticket
₹10
NGN 500
Monthly Pass
₹1,500
NGN 20,000
Taxi Start
₹25
NGN 500
Gasoline (1L)
₹105
NGN 700

💡 Utilities & Internet

Basic Utilities (85m²)
₹3,000
NGN 40,000
Internet (60 Mbps)
₹1,000
NGN 25,000
Mobile Minute
₹1
NGN 50

Tips for Moving Between Cities

For those considering a move from Mumbai 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 Mumbai 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

Mumbai

Cost of Living Index35
Rent Index25
Purchasing Power Index40

Lagos

Cost of Living Index40
Rent Index30
Purchasing Power Index20

Frequently Asked Questions

Is Mumbai more expensive than Lagos?

Yes, Mumbai is approximately 14.3% more expensive than Lagos overall. The biggest differences are in housing and restaurant prices.

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

To maintain the same standard of living, you would need approximately 1.1x of your Lagos salary when living in Mumbai. For example, if you earn $50,000 in Lagos, you'd need about $57,143 in Mumbai for a comparable lifestyle.

What are the biggest cost differences between Mumbai and Lagos?

The most significant cost difference is in groceries. Grocery costs differ by roughly 22%, affecting your daily shopping expenses. Transportation and utilities show notable variations between the two cities.

Which city is better for expats and digital nomads?

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

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

In Mumbai, a single person needs approximately ₹32,260 per month (including rent), while a family of four requires about ₹92,910. In Lagos, these figures are NGN 574,600 for singles and NGN 1,611,100 for families. These estimates include housing, food, transportation, and basic entertainment.

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

Calculate Salary Equivalence

Last updated: 2025-01-15 • Data sourced from multiple providers