Cost Comparison 2025

PraguevsLagos

Czech Republic
Nigeria

Overall

💰

-27.3%

Prague is 27.3%cheaper

Rent

🏠

-33.3%

Housing is 33.3% lower

Dining

🍽️

-22.2%

Restaurants 22.2% cheaper

Groceries

🛒

-10.0%

Food shopping 10.0% less

Comparing the cost of living between Prague, Czech Republic and Lagos, Nigeria reveals significant insights for anyone considering relocation or travel in 2025. Our comprehensive analysis shows that Prague is more affordable than Lagos by approximately 27.3%. 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 Prague are higher than in Lagos by 50%. A one-bedroom apartment in Prague's city center costs around CZK 20,000, while the same in Lagos is approximately NGN 800,000.

Dining out in Prague is notably more expensive compared to Lagos. An inexpensive restaurant meal costs CZK 150 in Prague versus NGN 3,000 in Lagos.

Public transportation in Prague is more affordable, with monthly passes at CZK 550 compared to NGN 20,000 in Lagos.

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

Grocery shopping in Prague is more expensive by approximately 11%. Basic items like milk, bread, and eggs show higher prices across the board.

Monthly Budget Breakdown

When breaking down monthly expenses, a single person in Prague can expect to spend approximately CZK 9,098 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 CZK 31,843 monthly in Prague 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
Prague, Czech Republic
Lagos, Nigeria

🏠 Housing Costs (Monthly Rent)

1BR City Center
CZK 20,000
NGN 800,000
1BR Outside Center
CZK 15,000
NGN 400,000
3BR City Center
CZK 35,000
NGN 2,000,000

🍽️ Food & Dining

Meal, Inexpensive Restaurant
CZK 150
NGN 3,000
Meal for 2, Mid-range Restaurant
CZK 900
NGN 15,000
Cappuccino
CZK 60
NGN 1,500
Domestic Beer (0.5L)
CZK 40
NGN 800

🛒 Groceries

Milk (1L)
CZK 22
NGN 1,200
Bread (500g)
CZK 25
NGN 600
Eggs (12)
CZK 50
NGN 1,500
Cheese (1kg)
CZK 180
NGN 5,000

🚌 Transportation

One-way Ticket
CZK 32
NGN 500
Monthly Pass
CZK 550
NGN 20,000
Taxi Start
CZK 40
NGN 500
Gasoline (1L)
CZK 35
NGN 700

💡 Utilities & Internet

Basic Utilities (85m²)
CZK 4,500
NGN 40,000
Internet (60 Mbps)
CZK 500
NGN 25,000
Mobile Minute
CZK 3
NGN 50

Tips for Moving Between Cities

For those considering a move from Lagos to Prague, 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 Prague 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

Prague

Cost of Living Index55
Rent Index45
Purchasing Power Index70

Lagos

Cost of Living Index40
Rent Index30
Purchasing Power Index20

Frequently Asked Questions

Is Prague more expensive than Lagos?

No, Prague is approximately 27.3% cheaper than Lagos. You'll find significant savings in housing, food, and transportation costs.

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

To maintain the same standard of living, you would need approximately 79% of your Lagos salary when living in Prague. For example, if you earn $50,000 in Lagos, you'd need about $39,286 in Prague for a comparable lifestyle.

What are the biggest cost differences between Prague and Lagos?

The most significant cost difference is in housing. Rent prices differ by approximately 50%, 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?

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

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

In Prague, a single person needs approximately CZK 24,098 per month (including rent), while a family of four requires about CZK 56,843. 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 Prague and Lagos 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 Lagos to maintain your lifestyle from Prague

Calculate Salary Equivalence

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