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International Cost of Living Calculator

We provide international cost of living and hardship data so that you can create reports online (24X7) using any of the calculators:


Expat Salary: Salary purchasing power parity calculator, for simple cost of living comparison and international salary calculation (e.g. to compare a salary offer).


Cost of Living Comparison: Cost of living allowance calculator, compares cost of living and hardship and calculates a cost of living allowance based on the difference.


International Cost of Living Index: Cost of living index calculator, compares multiple locations to a home base (e.g. international offices compared to HQ).


International Assignment: International assignment management calculator, for global mobility managers who use the build-up approach for detailed international assignment salary and allowance calculations.

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Mobility Calculators

Do you need a Cost of Living Comparison Calculator?

The global cost of living calculators have been created to compare the cost of living in every country and major city in the world, to help you manage short and long term assignments (page down for a description of each cost of living calculator):

Cost of Living Allowance
Cost of Living Index
International Assignment Management
Salary Purchasing Power Parity
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International Cost of Living Calculator Pricing


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Location Rankings

Cost of Living Comparison by City and Country


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Location Reviews

Cost of Living Review by City and Country

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Nigeria, Lagos
Overview

Nigeria, LagosLagos is a port and the most populous city in Nigeria. Lagos is Nigeria's most prosperous city, and much of the nation's wealth and economic activity are concentrated there. Most commercial, financial and business centres of Lagos and of Nigeria remains at the central business district in Lagos Island which is also typified with the presence of high rise buildings.

Nigeria is in Western Africa, bordering the Gulf of Guinea, between Benin and Cameroon. The climate varies between equatorial in the south, tropical in the centre, and arid in the north.

The official language is English. It is the main business language. ‘Pidgin' English is also widely spoken. The main religions are Islam, Christianity and indigenous beliefs.

The economy of Nigeria is one of the fastest growing in the world but is struggling to leverage the country's vast wealth in fossil fuels in order to displace the crushing poverty that affects about 57 percent of its population. The oil sector provides 80% of GDP, 95% of foreign exchange earnings, and about 65% of government revenues.

Nigerians are generally friendly and welcoming to expatriates and foreign visitors. Expatriate business dress is generally formal. This is usually in the form of suits and ties for men, and suits or separates for women.

The security risk for expatriates in Nigeria is high, but extreme in the north. Risks include petty crime, armed crime, carjacking, while in the north risks include shootings, bombings, and kidnappings, and in the Niger delta region risks include kidnap-for-ransom, carjacking's, armed robberies and illegal roadblocks. Other risks include internal flight safety.

The currency of Nigeria is the Nigerian Naira (NGN). Nigeria is still mainly a cash based economy although the use of credit and debit cards is increasing. It is illegal to change money on the street. Credit card fraud is common. Check with your card issuer if you intend to use your international credit or debit card in Nigeria.

Medical facilities are generally below international standards and in some parts may only be very basic. Serious tropical illnesses such as malaria, typhoid, lassa fever and yellow fever occur.

The population of Lagos is 25.1 Million (2016 est.), while the inflation rate is 16.1% (June 2017).


Cost Of Living

The cost of living for expatriates / professional migrants in Lagos as at 1 July 2017 is very high in comparison to other places in the world.

In Lagos, the cost of each basket, based on local prices, compared to the international average, is categorized follows (Exact cost of living percentages only available in personalised reports):
1) Alcohol (where available) & Tobacco: Low
2) Clothing: Very High
3) Communication: High
4) Education: Average
5) Furniture & Appliances: Very High
6) Groceries: Very High
7) Healthcare: Average
8) Household Accommodation: Very High
9) Miscellaneous: Very High
10) Personal Care: High
11) Recreation & Culture: High
12) Restaurants Meals Out and Hotels: Very High
13) Transport: Low

Lagos is for example 75% more expensive than Houston TX for groceries, 67.7% more expensive for household costs than Kuala Lumpur, and -0.4% cheaper for transport costs than Dubai.

Lagos is ranked as a extreme hardship location.

The hardship premium for Lagos for an expat from Perth, is for example 20%, i.e. host location (Lagos) premium of 30% minus home (Perth) location premium of 10%.

Want to know more about cost of living, hardship (quality of living) or expat salary in Lagos? Register subscribe to your home location and Lagos and run your personalised reports.

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