Cost of living comparison
Madrid is 3.0 times more expensive than Lagos.
If you lived in Madrid instead of Lagos, you would:
pay 5.9 times more for restaurants
|
Lagos
|
Madrid
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$2.80
NGN4,731.12
|
$16.08
€15.00
|
|
|
Fast food combo meal
McDonalds, or similar
|
$6.85
NGN11,564.66
|
$10.72
€10.00
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.37
NGN628.91
|
$2.79
€2.60
|
|
| Bottle of water (11 fl. oz) |
$0.21
NGN349.62
|
$1.80
€1.68
|
|
pay 9.9% more for groceries
|
Lagos
|
Madrid
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.47
NGN2,474.08
|
$1.50
€1.40
|
|
| Local cheese (8 oz) |
$2.80
NGN4,716.81
|
$6.92
€6.46
|
|
| Milk (1 gallon) |
$9.93
NGN16,759.38
|
$4.41
€4.11
|
|
|
Eggs
1 dozen
|
$2.06
NGN3,472.85
|
$3.05
€2.85
|
|
| Boneless chicken breast (1 lb) |
$2.19
NGN3,691.25
|
$3.78
€3.53
|
|
| Apples (1 lb) |
$1.72
NGN2,901.95
|
$1.13
€1.05
|
|
| Bananas (1 lb) |
$1.25
NGN2,107.05
|
$0.87
€0.81
|
|
| Oranges (1 lb) |
$0.98
NGN1,660.02
|
$1.01
€0.94
|
|
| Tomatoes (1 lb) |
$1.24
NGN2,094.12
|
$1.05
€0.98
|
|
| Potatoes (1 lb) |
$1.12
NGN1,883.27
|
$0.83
€0.78
|
|
| Onions (1 lb) |
$0.85
NGN1,431.31
|
$0.82
€0.76
|
|
pay 56.7% more for transportation
|
Lagos
|
Madrid
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$2.67
NGN4,502.09
|
$6.79
€6.33
|
|
| Monthly public transit pass |
$36.35
NGN61,336.66
|
$42.87
€40.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$20,362.82
NGN34,360,492.73
|
$35,759.38
€33,362.28
|
|
| Taxi trip in downtown area (5 miles) |
$18.85
NGN31,814.86
|
$14.90
€13.90
|
|
pay 2.2 times more for housing
|
Lagos
|
Madrid
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$40.12
NGN67,696.68
|
$31.85
€29.71
|
|
| 1-Bedroom apartment in downtown area |
$954.00
NGN1,609,787.20
|
$1,468.90
€1,370.43
|
|
| 1-Bedroom apartment outside city center |
$474.61
NGN800,866.78
|
$1,074.71
€1,002.67
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$30.23
NGN51,010.72
|
$130.03
€121.32
|
|
pay 5.7 times more for childcare
|
Lagos
|
Madrid
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$81.97
NGN138,319.93
|
$567.57
€529.52
|
|
| Middle school for 1 child, two semesters |
$2,298.32
NGN3,878,216.98
|
$10,069.47
€9,394.47
|
|
pay 2.7 times more for entertainment and sports
|
Lagos
|
Madrid
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$0.96
NGN1,614.99
|
$3.75
€3.50
|
|
| Cappuccino in mid-range area |
$2.31
NGN3,897.74
|
$2.59
€2.41
|
|
|
Pack of cigarettes
Marlboro or similar
|
$1.20
NGN2,022.94
|
$6.43
€6.00
|
|
| Monthly membership at local gym |
$36.16
NGN61,011.29
|
$43.11
€40.22
|
|
| Movie ticket to theater/cinema |
$6.46
NGN10,893.00
|
$10.72
€10.00
|
|
pay 2.2 times more for clothing
|
Lagos
|
Madrid
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$21.48
NGN36,249.96
|
$90.50
€84.43
|
|
|
Regular dress
from H&M or similar store
|
$24.68
NGN41,639.80
|
$37.21
€34.72
|
|
|
Running shoes
Nike or Adidas
|
$72.27
NGN121,947.89
|
$97.88
€91.32
|
|
| Men's business shoes (leather) |
$66.25
NGN111,782.86
|
$121.40
€113.26
|
|
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