Cost of living and prices in Lagos, prices of food, rent, shopping, etc. 🇳🇬
Updated Jul 2023

If you're traveling to Lagos, one thing you can be sure of is that you will never run out of eating options. Lagos is a foodie's paradise, offering a wide variety of cuisines ranging from local Nigerian dishes to continental delicacies. There are many high-end restaurants that offer exquisite dining experiences, as well as local eateries where the food is just as tasty. You can expect to find dishes such as Jollof rice, Eba, Suya, and Akara in local restaurants, while the high-end restaurants offer continental dishes such as Italian, Chinese, Indian, and even Mexican. The street food scene is also thriving in Lagos, with vendors selling roasted plantain, grilled chicken, and spicy shawarma among other things.

For those looking for something unique, Lagos has some interesting dining options. The Yellow Chilli is a restaurant that offers contemporary African cuisine in a plush, upscale setting, while Terra Kulture is a cultural center that also has a restaurant where you can have an immersive experience of Nigerian food and culture. If you're looking for something more laid-back, the Fisherman's Wharf is a seafood restaurant located on the beachfront that offers fresh seafood with a stunning view of the Atlantic Ocean. Lagos also has a few rooftop restaurants that offer a panoramic view of the city skyline, making for a memorable dining experience. Whether you're looking for fine-dining, street food or something in between, Lagos has got you covered.

Market prices in Lagos, Nigeria are known for their variability and unpredictability. Prices can fluctuate greatly depending on a variety of factors including demand, seasonality, and availability of produce. Some items may be relatively affordable one week and then skyrocket in price the following week due to changes in supply or demand.

Despite the volatility of market prices, Lagosians have become adept at navigating the market and finding the best deals. Bargaining and negotiating are common practices and savvy shoppers often know where and when to find the freshest produce at the most reasonable prices. With a bit of patience and know-how, shopping in Lagos can provide a rewarding and cost-effective experience for both locals and visitors alike.

Lagos is a vibrant city with a multitude of transportation options. One popular option is the yellow minibus taxis, known as "danfos." They are affordable and can be hailed from almost anywhere on the street. However, they can be crowded and uncomfortable during rush hour. A safer and more comfortable option is the ride-hailing services such as Uber and Bolt, which are widely available and can be ordered through a mobile app. Additionally, for those who want to experience the traditional Lagos way of getting around, there are also motorcycle taxis known as "okadas," but it's important to note that they can be unsafe and are often banned in certain areas of the city.

Another unique transportation option in Lagos is the water taxis, also known as "ferries." These provide a scenic and relaxing way to travel across the city's waterways. They are more expensive than danfos but still affordable and a great way to avoid traffic during peak hours. The Lagos Water Bus is a recently launched initiative that provides air-conditioned vessels that are comfortable and safe. Additionally, there are local boat rides available that offer a more authentic and local experience, but it's important to choose a reputable operator. Overall, Lagos offers a range of transportation options that cater to different needs and budgets, providing an exciting city to explore.

If you are planning a trip to Lagos, Nigeria, one important thing to keep in mind is the cost of utilities. Most hotels provide basic amenities such as electricity, water, and internet connection. However, it's important to note that the cost of these utilities in Lagos can be high compared to other cities in Nigeria. This is due to various factors including the cost of generating electricity and the scarcity of water in some parts of the city. As a result, travelers should expect to pay more for these basic utilities than they might be used to.

Another thing to note about utilities cost in Lagos is that there can be occasional power outages. This is not uncommon in the city and is often due to insufficient generating capacity. Some hotels and businesses have backup power generators, but this is not always the case. Therefore, it's important to be prepared for the occasional power outage when visiting Lagos. Travelers may want to consider packing a flashlight or portable charger for their electronic devices to ensure they have a reliable source of light and communication during an outage.

Lagos, Nigeria, is a vibrant city that offers a diverse range of activities for sports and leisure lovers. Football is undoubtedly Nigeria's most popular sport, and Lagos is home to some of the best football clubs in the country. Watching a game in a local stadium can be an intense and exciting experience. Beyond football, Lagos also offers other sports such as basketball, tennis, and more. Numerous sports clubs and facilities are scattered throughout the city, allowing visitors to participate in various sports activities or watch local teams compete.

When it comes to leisure activities, Lagos has something for everyone. The city boasts a beautiful coastline with stunning beaches that are perfect for sunbathing, swimming, and water sports such as surfing and sailing. Lagos also has tranquil parks such as the Lekki Conservation Centre, where visitors can reconnect with nature and enjoy a serene environment. For those who prefer indoor leisure activities, there are numerous shopping malls, cinemas, and restaurants where visitors can experience the vibrant culture of Lagos while enjoying international cuisine and movies. Overall, Lagos has a dynamic sports and leisure scene that caters to all tastes and preferences.

Salaries and financing in Lagos, Nigeria vary greatly depending on industry and level of education. Some professionals like doctors, lawyers, and high-level executives earn salaries comparable to those in other major cities in the world. However, the average salary for most people working in Lagos is significantly lower than in other major cities, resulting in a large gap between the wealthy and the poor. Despite this, Lagos is still a bustling city with plenty of entrepreneurial opportunities for those who are willing to take the risk.

For travelers, it's important to be aware of the fluctuations in currency exchange rates, as well as the high cost of living in certain parts of the city. While Lagos has plenty of luxury hotels and high-end restaurants, visitors can also find more affordable options for accommodations and meals. It's also worth noting that many businesses in Lagos only accept cash, so travelers should be prepared to carry enough local currency to cover their expenses.

Childcare prices in Lagos, Nigeria are known for being relatively steep. The cost of child education and care varies depending on the type of institution you select. Parents are expected to look for the best schools and kindergartens that can offer the highest level of education and care for children. These institutions also offer added services such as meals, nursing, and extracurricular activities. Due to the relatively high cost of childcare, most parents tend to opt for cheaper daycare centers, although this less-expensive alternative offers comparatively lower standards of education and care.

Schools and kindergartens in Lagos, Nigeria offer different programs and extracurricular activities aimed at providing the children with a holistic approach to education and development. Most institutions insist on high academic performance in addition to exposure to sports, music, language, and cultural-based activities. The schools and kindergartens are run by professional teachers, caregivers, and administrators who have the necessary qualifications and experience. The staff members create a nurturing environment that fosters a child’s intellectual and socio-emotional growth. As such, parents can trust that their child is in good hands while they pursue their work or professional interest.

In Lagos, Nigeria, clothing and shoes prices vary depending on the brand, quality, and store location. You can find great deals on clothes in local markets and online fashion stores. If you are in the market for designer clothes and shoes, high-end malls in the city offer a wide range of luxury brands from around the world.

For trendy and affordable clothing, shopping centers and major retailers are the best places to go. You can find everything you need from casual wear to office attire. Additionally, if you are looking for Nigerian-made clothing, cultural markets are your go-to destination. There, you can buy traditional dresses, beautifully crafted accessories, and authentic African fabrics.

Short-term rental options in Lagos, Nigeria are abundant and offer a great way to experience the city without committing to a long-term lease. Whether you're looking for a luxury villa or a modest apartment, there are plenty of options to suit every budget. Many rentals in Lagos offer amenities like Wi-Fi, air conditioning, and 24-hour security for added comfort and convenience. Short stays are a popular option for tourists who want to take in Lagos' vibrant culture and beautiful scenery, and pricing varies depending on location, size, and amenities.

There are also plenty of stay options available in Lagos for those who need a place to call home for a few weeks or months. Serviced apartments and extended-stay hotels are great options for those on business trips or those working on short-term projects. Not only do they come equipped with the comforts of home, like a kitchen and living area, but they also provide cleaning and maintenance services, making the stay stress-free. The pricing for these types of accommodations varies depending on location and amenities, but they are typically more affordable than traditional hotels.

Real estate buying options in Lagos, Nigeria are diverse and offer something for everyone. From stunning waterfront properties to modern high-rise apartments, buyers can find their dream home in Lagos. The city boasts a range of neighborhoods, each with their unique charm and character. Whether you're looking for a family-friendly suburb or a trendy urban area, Lagos has it all.

As for prices, the real estate market in Lagos can be competitive, but buyers can still find affordable options. Some areas are more expensive than others, but there are also plenty of bargains to be found. With developments popping up all over the city, there are also opportunities to buy off-plan and benefit from early bird pricing. No matter your budget, Lagos has something to offer for those looking to invest in real estate.