Cost of living in New York City (United States) is 764% more expensive than in Lagos (Nigeria)
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WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 696 prices entered by 167 different people.
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Lagos has artificial and unrealistic official exchange rates.
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Full price comparison, by category
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Currency:
Food | + 399% | |||
---|---|---|---|---|
Food in New York City (United States) is 399% more expensive than in Lagos (Nigeria) | ||||
Update prices | Update prices | |||
New York City | Lagos | Diff | ||
Basic lunchtime menu (including a drink) in the business district | $19 (28,137 ₦) | 3,289 ₦ | + 756% | |
Combo meal in fast food restaurant (big mac meal or similar) | $12 (16,861 ₦) | 5,679 ₦ | + 197% | |
500 gr (1 lb.) of boneless chicken breast | $6 (9,128 ₦) | 1,906 ₦ | + 379% | |
1 liter (1 qt.) of whole fat milk | $1.33 (1,929 ₦) | 1,223 ₦ | + 58% | |
12 eggs, large | $5.53 (8,022 ₦) | 1,441 ₦ | + 457% | |
1 kg (2 lb.) of tomatoes | $6 (8,924 ₦) | 1,106 ₦ | + 707% | |
500 gr (16 oz.) of local cheese | $8 (11,027 ₦) | 4,165 ₦ | + 165% | |
1 kg (2 lb.) of apples | $4.26 (6,173 ₦) | 1,763 ₦ | + 250% | |
1 kg (2 lb.) of potatoes | $2.08 (3,009 ₦) | 933 ₦ | + 223% | |
0.5 l (16 oz) domestic beer in the supermarket | $3.30 (4,779 ₦) | 599 ₦ | + 698% | |
1 bottle of red table wine, good quality | $20 (28,370 ₦) | 7,496 ₦ | + 278% | |
2 liters of coca-cola | $2.98 (4,322 ₦) | 694 ₦ | + 523% | |
Bread for 2 people for 1 day | $2.94 (4,259 ₦) | 855 ₦ | + 398% | |
Housing | + 1110% | |||
Housing in New York City (United States) is 1110% more expensive than in Lagos (Nigeria) | ||||
Update prices | Update prices | |||
New York City | Lagos | Diff | ||
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | $4,942 (7,165,190 ₦) | 570,178 ₦ | + 1157% | |
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | $3,216 (4,662,664 ₦) | 382,922 ₦ | + 1118% | |
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | $167 (241,621 ₦) | 63,009 ₦ | + 283% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | $3,913 (5,673,343 ₦) | 286,087 ₦ | + 1883% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | $2,452 (3,555,574 ₦) | 227,404 ₦ | + 1464% | |
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | $106 (154,376 ₦) | 27,684 ₦ | + 458% | |
Internet 8 mbps (1 month) | $62 (90,230 ₦) | 15,939 ₦ | + 466% | |
40” flat screen tv | $331 (480,175 ₦) | 129,942 ₦ | + 270% | |
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | $125 (180,851 ₦) | 40,493 ₦ | + 347% | |
Laundry detergent (3 l. ~ 100 oz.) | $16 (22,855 ₦) | 3,265 ₦ | + 600% | |
Hourly rate for cleaning help | $26 (37,918 ₦) | 1,655 ₦ | + 2192% | |
Clothes | + 316% | |||
Clothes in New York City (United States) is 316% more expensive than in Lagos (Nigeria) | ||||
Update prices | Update prices | |||
New York City | Lagos | Diff | ||
1 pair of jeans (levis 501 or similar) | $67 (97,192 ₦) | 12,982 ₦ | + 649% | |
1 summer dress in a high street store (zara, h&m or similar retailers) | $63 (90,851 ₦) | 25,580 ₦ | + 255% | |
1 pair of sport shoes (nike, adidas, or equivalent brands) | $117 (169,433 ₦) | 49,276 ₦ | + 244% | |
1 pair of men’s leather business shoes | $147 (213,086 ₦) | 37,189 ₦ | + 473% | |
Transportation | + 785% | |||
Transportation in New York City (United States) is 785% more expensive than in Lagos (Nigeria) | ||||
Update prices | Update prices | |||
New York City | Lagos | Diff | ||
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | $27,697 (40,160,940 ₦) | 4,936,090 ₦ | + 714% | |
1 liter (1/4 gallon) of gas | $1.01 (1,458 ₦) | 521 ₦ | + 180% | |
Monthly ticket public transport | $138 (199,733 ₦) | 17,564 ₦ | + 1037% | |
Taxi trip on a business day, basic tariff, 8 km. (5 miles) | $34 (49,372 ₦) | 8,636 ₦ | + 472% | |
Personal Care | + 835% | |||
Personal Care in New York City (United States) is 835% more expensive than in Lagos (Nigeria) | ||||
Update prices | Update prices | |||
New York City | Lagos | Diff | ||
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | $8 (12,165 ₦) | 1,816 ₦ | + 570% | |
1 box of antibiotics (12 doses) | $21 (30,478 ₦) | 2,344 ₦ | + 1200% | |
Short visit to private doctor (15 minutes) | $111 (160,589 ₦) | 15,647 ₦ | + 926% | |
1 box of 32 tampons (tampax, ob, ...) | $10 (14,715 ₦) | 1,768 ₦ | + 732% | |
Deodorant, roll-on (50ml ~ 1.5 oz.) | $4.87 (7,062 ₦) | 1,069 ₦ | + 561% | |
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | $7 (10,773 ₦) | 1,633 ₦ | + 560% | |
4 rolls of toilet paper | $7 (9,844 ₦) | 646 ₦ | + 1424% | |
Tube of toothpaste | $2.53 (3,666 ₦) | 603 ₦ | + 507% | |
Standard men's haircut in expat area of the city | $32 (47,096 ₦) | 4,195 ₦ | + 1023% | |
Entertainment | + 960% | |||
Entertainment in New York City (United States) is 960% more expensive than in Lagos (Nigeria) | ||||
Update prices | Update prices | |||
New York City | Lagos | Diff | ||
Basic dinner out for two in neighborhood pub | $67 (97,347 ₦) | 8,434 ₦ | + 1054% | |
2 tickets to the movies | $35 (50,232 ₦) | 6,105 ₦ | + 723% | |
2 tickets to the theater (best available seats) | $318 (460,996 ₦) | 17,629 ₦ | + 2515% | |
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | $144 (208,722 ₦) | 20,362 ₦ | + 925% | |
1 cocktail drink in downtown club | $20 (28,671 ₦) | 2,995 ₦ | + 857% | |
Cappuccino in expat area of the city | $5.42 (7,860 ₦) | 1,604 ₦ | + 390% | |
1 beer in neighbourhood pub (500ml or 1pt.) | $10 (14,232 ₦) | 661 ₦ | + 2053% | |
Ipad wi-fi 128gb | $632 (917,012 ₦) | 380,322 ₦ | + 141% | |
1 min. of prepaid mobile tariff (no discounts or plans) | $0.68 (984 ₦) | 24 ₦ | + 4056% | |
1 month of gym membership in business district | $143 (206,655 ₦) | 23,509 ₦ | + 779% | |
1 package of marlboro cigarettes | $17 (24,459 ₦) | 736 ₦ | + 3222% | |
TOTAL | + 764% |
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 696 prices entered by 167 different people.
These prices were last updated on March 27, 2024.
Exchange rate:
1450.000
NGN
/
USD
*
Detailed prices for each city individually
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For example, you would need at least 14,609,647 ₦ ($10,076) in New York City to maintain the same standard of living that you can have with 1,690,000 ₦ in Lagos.
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