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Is This Updated Cost Of Living In Lagos (Food, Housing And Transport) Accurate? - Family - Nairaland

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Rising Cost Of Living In Nigeria, What Of The Poor Among Us? / Genotype: I'm The Only One Still Living In This Picture - Man / Wives Living In Nigeria And Husbands Abroad: My Encounter (2) (3) (4)

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Is This Updated Cost Of Living In Lagos (Food, Housing And Transport) Accurate? by ideamonster: 2:36pm On Jul 26, 2023

Can anyone help benchmark the expenses of this expecting family of three?




When Kunle received the whatsapp picture of the ultrasound scan from his wife RIta, he didn't know what he was looking at. After all, this was their first pregnancy. They had gotten married September 2022, and moved into a One bedroom self-contain apartment at Mende Maryland. It was close enough to his office in Yaba, and close to her cake shop in Ikeja.

In February of this year, Rita began to panic after seeing her menses again. Six months, No preganancy. They began having sex every single day. Two months later in April, Rita got pregnant and began attending ante-natal clinic. Two weeks ago, she did her first obstetric ultra sound scan which revealed the presence of two gestational sacs. That was the picture she sent to kunle. Finally. they were expecting children. Even better, twins.

It was evident that the self-contained apartment would no longer be enough for their emerging family of two parents and two boys. So they began hunting for a much larger apartment.

They found two bedroom apartments in Surulere for over a million. That was[b] 600,000 naira more[/b] than they were paying in Mende, Maryland. Whilst hunting for cheaper alternatives and trying to negotiate directly with the Landlord, in June this year, the fuel prices rose to over N500 per liter. Their current Landlord and the new landlord reviewed their rents by 50%.

In her cake shop, Rita began facing a new challenge. Since January, the price of a bag of wheat flour she used for baking kept increasing every week by N500. Between January and March, it rose from N18,000 to N24,500. When fuel prices rose, the cost of her food inputs rose. Kunle had to park his 05 corolla sports at home and go by danfo. Their discretionary income has fallen. Kunle and Rita could not afford to pay for the new apartment. "I realise that we might have to stay in this self-contained apartment for much longer than we planned", Rita says.

In this video, How expensive is Nigeria now? , 14 everyday Nigerians like yourself discuss how they're living expenses have changed. The teachers, bank tellers, students, self-employed businessmen, and office staff all calcualate how much they now spend on food, housing and transportation. They also reveal secrets on the best places in lagos from the standpoint of rent, food, transportation and starting a family Metropolis.


https://www.youtube.com/watch?v=xM_5QXrPiIo

So, what have you updated in your day to day living expenses?
What are the recurring day to day bills for a family of four living in Lagos Nigeria?


Please share your current experience with feeding, housing and transportation
Re: Is This Updated Cost Of Living In Lagos (Food, Housing And Transport) Accurate? by Zigzagman: 2:58pm On Jul 26, 2023
Updated Cost of renting a 2 Bedroom Apartment in Lagos.

NOTE: Price varies from street, kind of houses in that axis

The average price of 2 bedroom flats for rent in Lagos is ₦1,300,000 per annum. The most expensive flat/apartment costs ₦15,000,000 per annum while the cheapest costs ₦228,000 per annum.

You can rent an apartment in the location of your choice

Agbara-Igbesa| Agege| Ajah| Alimosho| Amuwo Odofin| Apapa| Ayobo| Badagry| Egbe| Ejigbo| Eko Atlantic City| Epe| Gbagada| Ibeju| Ibeju Lekki| Idimu| Ifako-Ijaiye| Iganmu| Ijaiye| Ijede| Ijesha | Ikeja| Ikorodu| Ikotun |Ikoyi| Ilashe |Ilupeju| Ipaja| Isheri |Isheri North| Isolo| Itire| Ketu| Kosofe| Lagos Island| Lekki| Magodo| Maryland| Mushin| Ogudu| Ojo| Ojodu| Ojota| Oke-Odo| Orile| Oshodi| Shomolu| Surulere| Victoria Island (VI)| Yaba

Ogudu
The average price of 2 bedroom flats for rent in Ogudu, Lagos is ₦1,200,000 per annum. The most expensive flat / apartment costs ₦1,800,000 per annum while the cheapest costs ₦700,000 per annum.

Isolo
The average price of 2 bedroom flats for rent in Isolo, Lagos is ₦900,000 per annum. The most expensive flat / apartment costs ₦1,500,000 per annum while the cheapest costs ₦6000,000 per annum.

Ikorodu
The average price of 2 bedroom flats for rent in Ikorodu, Lagos is ₦350,000 per annum. The most expensive flat / apartment costs ₦1,000,000 per annum while the cheapest costs ₦150,000 per annum.

Ikotun
The average price of 2 bedroom flats for rent in Ikotun, Lagos is ₦300,000 per annum. The most expensive flat / apartment costs ₦600,000 per annum while the cheapest costs ₦250,000 per annum.

Alimosho
The average price of 2 bedroom flats for rent in Alimosho, Lagos is ₦600,000 per annum. The most expensive flat / apartment costs ₦1,200,000 per annum while the cheapest costs ₦250,000 per annum

Ibeju Lekki
The average price of 2 bedroom flats for rent in Ibeju Lekki, Lagos is ₦639,000 per annum. The most expensive flat / apartment costs ₦1,860,000 per annum while the cheapest costs ₦300,000 per annum.

Ifako/Ijaiye
The average price of 2 bedroom flats for rent in Ifako-Ijaiye, Lagos is ₦550,000 per annum. The most expensive flat / apartment costs ₦1,000,000 per annum while the cheapest costs ₦300,000 per annum.

Eko Atlantic City
The average price of 2 bedroom flats for rent in Eko Atlantic City, Lagos is ₦18,500,000 per annum. The most expensive flat / apartment costs ₦22,000,000 per annum while the cheapest costs ₦15,000,000 per annum

Gbagada
The average price of 2 bedroom flats for rent in Gbagada, Lagos is ₦1,100,000 per annum. The most expensive flat / apartment costs ₦2,000,000 per annum while the cheapest costs ₦700,000 per annum.

Magodo
The average price of 2 bedroom flats for rent in Magodo, Lagos is ₦1,300,000 per annum. The most expensive flat / apartment costs ₦7,410,000 per annum while the cheapest costs ₦600,000 per annum.

Ikeja
The average price of 2 bedroom flats for rent in Ikeja, Lagos is ₦1,200,000 per annum. The most expensive flat / apartment costs ₦3,500,000 per annum while the cheapest costs ₦600,000 per annum.

Victoria Island
The average price of 2 bedroom flats for rent in Victoria Island (VI), Lagos is ₦3,500,000 per annum. The most expensive flat / apartment costs ₦15,000,000 per annum while the cheapest costs ₦1,200,000 per annum

Surulere
The average price of 2 bedroom flats for rent in Surulere, Lagos is ₦1,000,000 per annum. The most expensive flat / apartment costs ₦2,000,000 per annum while the cheapest costs ₦600,000 per annum.

Maryland
The average price of 2 bedroom flats for rent in Maryland, Lagos is ₦1,200,000 per annum. The most expensive flat / apartment costs ₦5,000,000 per annum while the cheapest costs ₦700,000 per annum

Agege
The average price of 2 bedroom flats for rent in Agege, Lagos is ₦550,000 per annum. The most expensive flat / apartment costs ₦1,160,000 per annum while the cheapest costs ₦280,000 per annum.

Festac
The average price of 2 bedroom flats for rent in Festac, Lagos is ₦1,200,000 per annum. The most expensive flat / apartment costs ₦3,000,000 per annum while the cheapest costs ₦800,000 per annum.

Lagos Island
The average price of 2 bedroom flats for rent in Lagos Island, Lagos is ₦1,850,000 per annum. The most expensive flat / apartment costs ₦2,500,000 per annum while the cheapest costs ₦400,000 per annum.

Lekki Phase 1
The average price of 2 bedroom flats for rent in Lekki, Lagos is ₦3,000,000 per annum. The most expensive flat / apartment costs ₦6,500,000 per annum while the cheapest costs ₦1,200,000 per annum.

Lekki Phase 2
The average price of 2 bedroom flats for rent in Lekki Phase 2, Lekki, Lagos is ₦2,000,000 per annum. The most expensive flat / apartment costs ₦5,000,000 per annum while the cheapest costs ₦900,000 per annum.

Ajah
The average price of 2 bedroom flats for rent in Ajah, Lagos is ₦1,000,000 per annum. The most expensive flat / apartment costs ₦2,000,000 per annum while the cheapest costs ₦400,000 per annum.

Yaba
The average price of 2 bedroom flats for rent in Yaba, Lagos is ₦1,200,000 per annum. The most expensive flat/apartment costs ₦2,300,000 per annum while the cheapest costs ₦414,000 per annum.
Re: Is This Updated Cost Of Living In Lagos (Food, Housing And Transport) Accurate? by ideamonster: 3:03pm On Jul 26, 2023
how true is this?
Re: Is This Updated Cost Of Living In Lagos (Food, Housing And Transport) Accurate? by Dimaya: 3:25pm On Jul 26, 2023
rent prices are inaccurate. They've gone up
Re: Is This Updated Cost Of Living In Lagos (Food, Housing And Transport) Accurate? by ideamonster: 1:15pm On Jul 28, 2023
this is expensive
Re: Is This Updated Cost Of Living In Lagos (Food, Housing And Transport) Accurate? by ideamonster: 1:16pm On Jul 28, 2023
Dimaya:
rent prices are inaccurate. They've gone up

this is expensive
Re: Is This Updated Cost Of Living In Lagos (Food, Housing And Transport) Accurate? by Zigzagman: 7:58pm On Jul 28, 2023
It really is
Re: Is This Updated Cost Of Living In Lagos (Food, Housing And Transport) Accurate? by ideamonster: 10:49am On Jul 29, 2023
transportation should be close to 10k daily in lagos now
Re: Is This Updated Cost Of Living In Lagos (Food, Housing And Transport) Accurate? by Zigzagman: 12:56pm On Jul 29, 2023
That's less than 20liters
Re: Is This Updated Cost Of Living In Lagos (Food, Housing And Transport) Accurate? by Dimaya: 12:59pm On Jul 29, 2023
everyone just has to make things work
Re: Is This Updated Cost Of Living In Lagos (Food, Housing And Transport) Accurate? by Zigzagman: 1:43pm On Jul 29, 2023
the figures are way off
Re: Is This Updated Cost Of Living In Lagos (Food, Housing And Transport) Accurate? by ecolime(m): 3:15pm On Jul 29, 2023
ideamonster:
transportation should be close to 10k daily in lagos now
E no fit reach 10k when you commute via Public transport or you mean when driving your own car?
Re: Is This Updated Cost Of Living In Lagos (Food, Housing And Transport) Accurate? by ideamonster: 3:27pm On Jul 29, 2023
ecolime:

E no fit reach 10k when you commute via Public transport or you mean when driving your own car?

when driving o. I use up to 15 liters per day o. Its now almost 10K to refill and it burns fast
Re: Is This Updated Cost Of Living In Lagos (Food, Housing And Transport) Accurate? by ideamonster: 3:27pm On Jul 29, 2023
like really really fast
Re: Is This Updated Cost Of Living In Lagos (Food, Housing And Transport) Accurate? by ecolime(m): 3:29pm On Jul 29, 2023
ideamonster:


when driving o. I use up to 15 liters per day o. Its now almost 10K to refill and it burns fast
I agree with you. It's more expensive to drive now.
Re: Is This Updated Cost Of Living In Lagos (Food, Housing And Transport) Accurate? by Zigzagman: 3:53pm On Jul 29, 2023
i heard its rising until 1K per liter
Re: Is This Updated Cost Of Living In Lagos (Food, Housing And Transport) Accurate? by ideamonster: 2:54pm On Aug 09, 2023
Zigzagman:
i heard its rising until 1K per liter

na wa o
Re: Is This Updated Cost Of Living In Lagos (Food, Housing And Transport) Accurate? by ideamonster: 4:21pm On Aug 27, 2023
ideamonster:


Can anyone help benchmark the expenses of this expecting family of three?




When Kunle received the whatsapp picture of the ultrasound scan from his wife RIta, he didn't know what he was looking at. After all, this was their first pregnancy. They had gotten married September 2022, and moved into a One bedroom self-contain apartment at Mende Maryland. It was close enough to his office in Yaba, and close to her cake shop in Ikeja.

In February of this year, Rita began to panic after seeing her menses again. Six months, No preganancy. They began having sex every single day. Two months later in April, Rita got pregnant and began attending ante-natal clinic. Two weeks ago, she did her first obstetric ultra sound scan which revealed the presence of two gestational sacs. That was the picture she sent to kunle. Finally. they were expecting children. Even better, twins.

It was evident that the self-contained apartment would no longer be enough for their emerging family of two parents and two boys. So they began hunting for a much larger apartment.

They found two bedroom apartments in Surulere for over a million. That was[b] 600,000 naira more[/b] than they were paying in Mende, Maryland. Whilst hunting for cheaper alternatives and trying to negotiate directly with the Landlord, in June this year, the fuel prices rose to over N500 per liter. Their current Landlord and the new landlord reviewed their rents by 50%.

In her cake shop, Rita began facing a new challenge. Since January, the price of a bag of wheat flour she used for baking kept increasing every week by N500. Between January and March, it rose from N18,000 to N24,500. When fuel prices rose, the cost of her food inputs rose. Kunle had to park his 05 corolla sports at home and go by danfo. Their discretionary income has fallen. Kunle and Rita could not afford to pay for the new apartment. "I realise that we might have to stay in this self-contained apartment for much longer than we planned", Rita says.

In this video, How expensive is Nigeria now? , 14 everyday Nigerians like yourself discuss how they're living expenses have changed. The teachers, bank tellers, students, self-employed businessmen, and office staff all calcualate how much they now spend on food, housing and transportation. They also reveal secrets on the best places in lagos from the standpoint of rent, food, transportation and starting a family Metropolis.


https://www.youtube.com/watch?v=xM_5QXrPiIo

So, what have you updated in your day to day living expenses?
What are the recurring day to day bills for a family of four living in Lagos Nigeria?


Please share your current experience with feeding, housing and transportation

things have become more expensive since i first posted this video
Re: Is This Updated Cost Of Living In Lagos (Food, Housing And Transport) Accurate? by Dimaya: 6:06pm On Oct 04, 2023
ideamonster:


things have become more expensive since i first posted this video

Naira to dollar is now 1000 o
Re: Is This Updated Cost Of Living In Lagos (Food, Housing And Transport) Accurate? by TheDarkporeShow: 4:44pm On Dec 30, 2023
Dimaya:


Naira to dollar is now 1000 o

now 1230

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