Cost of living in Lagos (Nigeria) is 39% cheaper than in Dhaka (Bangladesh)
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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 432 prices entered by 209 different people.
WARNING!
Lagos has artificial and unrealistic official exchange rates.
You can also get this comparison using the parallel street rate in Lagos.
Full price comparison, by category
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Currency:
| Food | - 15% | |||
|---|---|---|---|---|
| Food in Lagos (Nigeria) is 15% cheaper than in Dhaka (Bangladesh) | ||||
| Update prices | Update prices | |||
| Lagos | Dhaka | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | 10,487 ₦ (Taka 748) | Taka 271 | + 176% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 8,193 ₦ (Taka 584) | Taka 553 | + 6% | |
| 500 gr (1 lb.) of boneless chicken breast | 2,379 ₦ (Taka 170) | Taka 211 | - 20% | |
| 1 liter (1 qt.) of whole fat milk | 1,462 ₦ (Taka 104) | Taka 92 | + 14% | |
| 12 eggs, large | 3,535 ₦ (Taka 252) | Taka 157 | + 61% | |
| 1 kg (2 lb.) of tomatoes | 1,591 ₦ (Taka 113) | Taka 88 | + 29% | |
| 500 gr (16 oz.) of local cheese | 7,301 ₦ (Taka 521) | Taka 476 | + 9% | |
| 1 kg (2 lb.) of apples | 2,157 ₦ (Taka 154) | Taka 302 | - 49% | |
| 1 kg (2 lb.) of potatoes | 1,165 ₦ (Taka 83) | Taka 59 | + 41% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 577 ₦ (Taka 41) | Taka 403 | - 90% | |
| 1 bottle of red table wine, good quality | 7,943 ₦ (Taka 566) | Taka 1,439 | - 61% | |
| 2 liters of coca-cola | 833 ₦ (Taka 59) | Taka 137 | - 57% | |
| Bread for 2 people for 1 day | 1,150 ₦ (Taka 82) | Taka 77 | + 6% | |
| Housing | + 9% | |||
| Housing in Lagos (Nigeria) is 9% more expensive than in Dhaka (Bangladesh) | ||||
| Update prices | Update prices | |||
| Lagos | Dhaka | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 688,114 ₦ (Taka 49,068) | Taka 38,223 | + 28% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 539,552 ₦ (Taka 38,474) | Taka 21,464 | + 79% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 61,700 ₦ (Taka 4,400) | Taka 4,891 | - 10% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 512,400 ₦ (Taka 36,538) | Taka 24,468 | + 49% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 328,775 ₦ (Taka 23,444) | Taka 16,311 | + 44% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 33,248 ₦ (Taka 2,371) | Taka 2,789 | - 15% | |
| Internet 8 mbps (1 month) | 20,962 ₦ (Taka 1,495) | Taka 1,355 | + 10% | |
| 40” flat screen tv | 212,210 ₦ (Taka 15,132) | Taka 42,345 | - 64% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 50,156 ₦ (Taka 3,577) | Taka 14,319 | - 75% | |
| Laundry detergent (3 l. ~ 100 oz.) | 6,411 ₦ (Taka 457) | Taka 605 | - 24% | |
| Hourly rate for cleaning help | 2,222 ₦ (Taka 158) | Taka 709 | - 78% | |
| Clothes | - 47% | |||
| Clothes in Lagos (Nigeria) is 47% cheaper than in Dhaka (Bangladesh) | ||||
| Update prices | Update prices | |||
| Lagos | Dhaka | Diff | ||
| 1 pair of jeans (levis 501 or similar) | 14,903 ₦ (Taka 1,063) | Taka 2,001 | - 47% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 15,560 ₦ (Taka 1,110) | Taka 2,394 | - 54% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 45,516 ₦ (Taka 3,246) | Taka 4,762 | - 32% | |
| 1 pair of men’s leather business shoes | 45,639 ₦ (Taka 3,254) | Taka 4,402 | - 26% | |
| Transportation | - 62% | |||
| Transportation in Lagos (Nigeria) is 62% cheaper than in Dhaka (Bangladesh) | ||||
| Update prices | Update prices | |||
| Lagos | Dhaka | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 6,890,390 ₦ (Taka 491,337) | Taka 3,658,440 | - 87% | |
| 1 liter (1/4 gallon) of gas | 610 ₦ (Taka 43) | Taka 118 | - 63% | |
| Monthly ticket public transport | 19,828 ₦ (Taka 1,414) | Taka 2,409 | - 41% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | 6,430 ₦ (Taka 458) | Taka 522 | - 12% | |
| Personal Care | - 64% | |||
| Personal Care in Lagos (Nigeria) is 64% cheaper than in Dhaka (Bangladesh) | ||||
| Update prices | Update prices | |||
| Lagos | Dhaka | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 1,886 ₦ (Taka 134) | Taka 376 | - 64% | |
| 1 box of antibiotics (12 doses) | 3,362 ₦ (Taka 240) | Taka 790 | - 70% | |
| Short visit to private doctor (15 minutes) | 16,058 ₦ (Taka 1,145) | Taka 1,504 | - 24% | |
| 1 box of 32 tampons (tampax, ob, ...) | 1,469 ₦ (Taka 105) | Taka 563 | - 81% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 964 ₦ (Taka 69) | Taka 284 | - 76% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 1,722 ₦ (Taka 123) | Taka 478 | - 74% | |
| 4 rolls of toilet paper | 689 ₦ (Taka 49) | Taka 95 | - 48% | |
| Tube of toothpaste | 746 ₦ (Taka 53) | Taka 80 | - 34% | |
| Standard men's haircut in expat area of the city | 4,228 ₦ (Taka 302) | Taka 357 | - 16% | |
| Entertainment | - 57% | |||
| Entertainment in Lagos (Nigeria) is 57% cheaper than in Dhaka (Bangladesh) | ||||
| Update prices | Update prices | |||
| Lagos | Dhaka | Diff | ||
| Basic dinner out for two in neighborhood pub | 12,883 ₦ (Taka 919) | Taka 1,473 | - 38% | |
| 2 tickets to the movies | 8,057 ₦ (Taka 575) | Taka 991 | - 42% | |
| 2 tickets to the theater (best available seats) | 22,553 ₦ (Taka 1,608) | Taka 2,203 | - 27% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 28,090 ₦ (Taka 2,003) | Taka 3,597 | - 44% | |
| 1 cocktail drink in downtown club | 2,642 ₦ (Taka 188) | Taka 762 | - 75% | |
| Cappuccino in expat area of the city | 2,426 ₦ (Taka 173) | Taka 253 | - 32% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 1,559 ₦ (Taka 111) | Taka 506 | - 78% | |
| Ipad wi-fi 128gb | 174,586 ₦ (Taka 12,449) | Taka 42,611 | - 71% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 49 ₦ (Taka 3.46) | Taka 10 | - 65% | |
| 1 month of gym membership in business district | 21,151 ₦ (Taka 1,508) | Taka 2,365 | - 36% | |
| 1 package of marlboro cigarettes | 723 ₦ (Taka 52) | Taka 329 | - 84% | |
 |
TOTAL | - 39% | ||
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 432 prices entered by 209 different people.
These prices were last updated on November 22, 2024.
Exchange rate:
0.07131
BDT
/
NGN
*
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For example, to keep the same standard of living that would require Taka 105,000 in Dhaka you would need to make just about Taka 64,508 (904,643 ₦) in Lagos.
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