Cost of living comparison
Madrid is 36.7% more expensive than Lagos.
If you lived in Madrid instead of Lagos, you would:
pay 34.4% more for restaurants
|
Lagos
|
Madrid
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$10.72
€10.28
|
$16.08
€15.41
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.77
€7.45
|
$10.72
€10.28
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.08
€1.99
|
$2.79
€2.67
|
|
| Bottle of water (11 fl. oz) |
$1.56
€1.50
|
$1.80
€1.73
|
|
pay 16.2% more for groceries
|
Lagos
|
Madrid
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.43
€1.37
|
$1.50
€1.44
|
|
| Local cheese (8 oz) |
$5.63
€5.39
|
$6.92
€6.64
|
|
| Milk (1 gallon) |
$3.96
€3.80
|
$4.41
€4.23
|
|
|
Eggs
1 dozen
|
$3.21
€3.08
|
$3.05
€2.93
|
|
| Boneless chicken breast (1 lb) |
$3.01
€2.88
|
$3.78
€3.63
|
|
| Apples (1 lb) |
$1.23
€1.18
|
$1.13
€1.08
|
|
| Bananas (1 lb) |
$0.57
€0.55
|
$0.87
€0.83
|
|
| Oranges (1 lb) |
$0.47
€0.45
|
$1.01
€0.96
|
|
| Tomatoes (1 lb) |
$1.14
€1.09
|
$1.05
€1.01
|
|
| Potatoes (1 lb) |
$0.96
€0.92
|
$0.83
€0.80
|
|
| Onions (1 lb) |
$0.97
€0.93
|
$0.82
€0.79
|
|
pay 20.4% more for transportation
|
Lagos
|
Madrid
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.73
€6.45
|
$6.79
€6.51
|
|
| Monthly public transit pass |
$32.15
€30.83
|
$42.87
€41.10
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$32,152.89
€30,827.33
|
$35,759.38
€34,285.12
|
|
| Taxi trip in downtown area (5 miles) |
$10.93
€10.48
|
$14.90
€14.28
|
|
pay 24.2% more for housing
|
Lagos
|
Madrid
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$41.53
€39.82
|
$31.85
€30.53
|
|
| 1-Bedroom apartment in downtown area |
$982.45
€941.95
|
$1,468.90
€1,408.34
|
|
| 1-Bedroom apartment outside city center |
$964.59
€924.82
|
$1,074.71
€1,030.40
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$81.55
€78.19
|
$130.03
€124.67
|
|
pay 22.9% more for childcare
|
Lagos
|
Madrid
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$509.09
€488.10
|
$567.57
€544.17
|
|
| Middle school for 1 child, two semesters |
$7,502.34
€7,193.04
|
$10,069.47
€9,654.34
|
|
pay 25.5% more for entertainment and sports
|
Lagos
|
Madrid
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.14
€2.06
|
$3.75
€3.60
|
|
| Cappuccino in mid-range area |
$1.96
€1.88
|
$2.59
€2.48
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.89
€5.65
|
$6.43
€6.17
|
|
| Monthly membership at local gym |
$62.88
€60.28
|
$43.11
€41.34
|
|
| Movie ticket to theater/cinema |
$7.50
€7.19
|
$10.72
€10.28
|
|
pay 2.1 times more for clothing
|
Lagos
|
Madrid
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$85.74
€82.21
|
$90.50
€86.77
|
|
|
Regular dress
from H&M or similar store
|
$15.54
€14.90
|
$37.21
€35.68
|
|
|
Running shoes
Nike or Adidas
|
$75.02
€71.93
|
$97.88
€93.84
|
|
| Men's business shoes (leather) |
$32.15
€30.83
|
$121.40
€116.39
|
|
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