Cost of living comparison
Lagos is 18.7% cheaper than Madrid.
If you lived in Lagos instead of Madrid, you would:
pay 24.9% less for restaurants
|
Madrid
|
Lagos
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$16.08
€15.43
|
$10.72
€10.29
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.72
€10.29
|
$7.77
€7.46
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.79
€2.68
|
$2.08
€2.00
|
|
| Bottle of water (11 fl. oz) |
$1.80
€1.73
|
$1.56
€1.50
|
|
pay 7.6% less for groceries
|
Madrid
|
Lagos
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.50
€1.44
|
$1.43
€1.37
|
|
| Local cheese (8 oz) |
$6.92
€6.64
|
$5.63
€5.40
|
|
| Milk (1 gallon) |
$4.41
€4.23
|
$3.96
€3.80
|
|
|
Eggs
1 dozen
|
$3.05
€2.93
|
$3.21
€3.08
|
|
| Boneless chicken breast (1 lb) |
$3.78
€3.63
|
$3.01
€2.89
|
|
| Apples (1 lb) |
$1.13
€1.08
|
$1.23
€1.18
|
|
| Bananas (1 lb) |
$0.87
€0.84
|
$0.57
€0.55
|
|
| Oranges (1 lb) |
$1.01
€0.96
|
$0.47
€0.45
|
|
| Tomatoes (1 lb) |
$1.05
€1.01
|
$1.14
€1.10
|
|
| Potatoes (1 lb) |
$0.83
€0.80
|
$0.96
€0.92
|
|
| Onions (1 lb) |
$0.82
€0.79
|
$0.97
€0.93
|
|
pay 15.7% less for transportation
|
Madrid
|
Lagos
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.79
€6.51
|
$6.73
€6.46
|
|
| Monthly public transit pass |
$42.87
€41.15
|
$32.15
€30.86
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$35,759.38
€34,324.60
|
$32,152.89
€30,862.82
|
|
| Taxi trip in downtown area (5 miles) |
$14.90
€14.30
|
$10.93
€10.49
|
|
pay 12.6% less for housing
|
Madrid
|
Lagos
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$31.85
€30.57
|
$41.53
€39.86
|
|
| 1-Bedroom apartment in downtown area |
$1,468.90
€1,409.96
|
$982.45
€943.03
|
|
| 1-Bedroom apartment outside city center |
$1,074.71
€1,031.59
|
$964.59
€925.88
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$130.03
€124.81
|
$81.55
€78.28
|
|
pay 17.9% less for childcare
|
Madrid
|
Lagos
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$567.57
€544.80
|
$509.09
€488.66
|
|
| Middle school for 1 child, two semesters |
$10,069.47
€9,665.45
|
$7,502.34
€7,201.33
|
|
pay 11.9% less for entertainment and sports
|
Madrid
|
Lagos
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.75
€3.60
|
$2.14
€2.06
|
|
| Cappuccino in mid-range area |
$2.59
€2.48
|
$1.96
€1.88
|
|
|
Pack of cigarettes
Marlboro or similar
|
$6.43
€6.17
|
$5.89
€5.66
|
|
| Monthly membership at local gym |
$43.11
€41.38
|
$62.88
€60.35
|
|
| Movie ticket to theater/cinema |
$10.72
€10.29
|
$7.50
€7.20
|
|
pay 40.1% less for clothing
|
Madrid
|
Lagos
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$90.50
€86.87
|
$85.74
€82.30
|
|
|
Regular dress
from H&M or similar store
|
$37.21
€35.72
|
$15.54
€14.92
|
|
|
Running shoes
Nike or Adidas
|
$97.88
€93.95
|
$75.02
€72.01
|
|
| Men's business shoes (leather) |
$121.40
€116.53
|
$32.15
€30.86
|
|
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