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Cost of Living in Lagos, Portugal | Expat Exchange
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Cost of Living in Lagos, Portugal

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By Betsy Burlingame

Last updated on Dec 09, 2024

Summary: The cost of living in Lagos, Portugal is generally considered to be quite reasonable. A nice 1 bedroom apartment in the city can cost anywhere from $500 to $800 per month, while a nice 2 bedroom apartment can cost from $800 to $1,200 per month. The cost of dinner at a moderately priced restaurant in Lagos is usually around $20 per person.

Is the cost of living in Lagos high?

We asked people how much they someone comfortably live on in Lagos, they wrote:

"The cost of living in Lagos is generally considered to be quite reasonable. Prices for basic necessities such as food, transportation, and housing are all relatively affordable. Eating out in restaurants is also relatively inexpensive, with a meal for two people costing around €20-30. Utilities such as electricity and water are also relatively inexpensive. Overall, Lagos is a great place to live if you are looking for a place with a low cost of living," said one person in Lagos.

Portugal Residency AdvisorsPortugal Residency Advisors
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Portugal Residency Advisors is a full-service consulting firm dedicated to providing personalized services to individuals and families seeking to relocate to Portugal. With a team of experienced professionals and strategic partnerships, we are well-positioned to assist clients with all aspects of the relocation process.

Click connect to have our partner contact you via e-mail and/or phone.

Portugal Residency AdvisorsPortugal Residency Advisors

Portugal Residency Advisors is a full-service consulting firm dedicated to providing personalized services to individuals and families seeking to relocate to Portugal. With a team of experienced professionals and strategic partnerships, we are well-positioned to assist clients with all aspects of the relocation process.
Connect

Click connect to have our partner contact you via e-mail and/or phone.

Will I save money living in Lagos?

"Living in Lagos can be significantly cheaper than living in the United States. The cost of living in Portugal is generally lower than in the US, with groceries, transportation, and housing all being more affordable. Additionally, Portugal has a lower tax rate than the US, which can help to reduce overall expenses," said one expat in Lagos.

What is the average cost of housing in Lagos?

If you are thinking about moving to Lagos, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The cost of housing in Lagos is generally quite reasonable. Prices vary depending on the size and location of the property, but the average cost of a two-bedroom apartment in the city centre is around €500-€600 per month. Outside of the city centre, prices can be lower, with two-bedroom apartments costing around €400-€500 per month," said one person in Lagos.

Portugal Residency Advisors

Portugal Residency Advisors is a full-service consulting firm dedicated to providing personalized services to individuals and families seeking to relocate to Portugal. With a team of experienced professionals and strategic partnerships, we are well-positioned to assist clients with all aspects of the relocation process.

Learn MoreConnect

Click connect to have our partner contact you via e-mail and/or phone.

Portugal Residency Advisors

Portugal Residency Advisors is a full-service consulting firm dedicated to providing personalized services to individuals and families seeking to relocate to Portugal. With a team of experienced professionals and strategic partnerships, we are well-positioned to assist clients with all aspects of the relocation process.

Learn MoreConnect

Click connect to have our partner contact you via e-mail and/or phone.

What are typical rental prices for expats in Lagos?

"The rental price for a nice 1 bedroom apartment in Lagos can range from around $500 to $1,000 per month, while a nice 2 bedroom apartment can range from around $700 to $1,500 per month," wrote an expat living in Lagos.

What appliances are typically included in a rental?

We asked foreigners in Lagos what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:

"In a rental property in Lagos, tenants can typically expect to find a refrigerator, stove, oven, dishwasher, washing machine, and dryer. Additionally, some properties may include a microwave, toaster, and other small kitchen appliances," mentioned one expat in Lagos.

About the Author

Betsy Burlingame Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.

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Portugal Residency Advisors

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Portugal Residency AdvisorsPortugal Residency Advisors

Let Portugal Residency Advisors help you with your move.
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