Budget Direct Insurance Money Magazine's Insurer of the Year 2017, 2018, 2019, 2020, and 2021

Money magazine
Insurer of the
Year 2017-21

prices shown in
Lagos vs Newcastle
Los vs Ntl

Average net salary (After tax)

Newcastle
Lagos

Housing

  • Rent apartment
  • Buy apartment

Rent 1 bedroom apartment

Cost per month

In city centre
Ntl
Los
Outside city centre
Ntl
Los

Rent 3 bedroom apartment

Cost per month

In city centre
Ntl
Los
Outside city centre
Ntl
Los

Buy apartment

Price per m2

In city centre
Ntl
Los
Outside city centre
Ntl
Los

Mortgage rates

Newcastle
4.5%
Lagos
5.5%
Compare our
home insurance prices

Utilities

  • Basic Utilities
  • Internet & Phone

Basic utilities

Electricity, heating, water, Garbage for a 85m2 Apartment

Newcastle
Lagos

Internet

60 Mbps or more, unlimited data, Cable/ADSL

Ntl
Los

Mobile phone data

One-minute local prepaid call (no plan or discount)

Ntl
Los

Transport

  • Public Transport
  • Car

One-way ticket

Local transport

Ntl
Los

Monthly pass

Regular price

Ntl
Los

Fuel prices

Per Litre

Newcastle
Lagos

Buying a new car

Volkswagen Golf 1.4 90KW Trendline (Or equivalent)

Ntl
Los
Compare our
car insurance prices

Groceries

  • Staples
  • Meat
  • Produce
  • Cigarettes

Staples

Milk 1L
Ntl
Los
White bread 500g
Ntl
Los
Eggs 12
Ntl
Los
White rice 1kg
Ntl
Los

Pack of cigarettes

(Marlboro)

Newcastle
Lagos

Meat & cheese

Chicken breasts 1kg
Ntl
Los
Beef round 1kg
Ntl
Los
Local cheese 1kg
Ntl
Los

Vegetables

Potatoes 1kg
Ntl
Los
Lettuce 1 head
Ntl
Los
Tomatoes 1kg
Ntl
Los

Fruit

Apples 1kg
Ntl
Los
Oranges 1 head
Ntl
Los
Bananas 1kg
Ntl
Los

Eating Out

  • Food
  • Drinks

Meal for two

Inexpensive restaurant 2 meals
Ntl $4,070.74/mth
Los $4,070.74/mth
Mid-range restaurant Three-course meal for two people
Ntl $4,070.74/mth
Los $4,070.74/mth

Mcdonalds McMeal

Or equivalent combo meal

Newcastle
4.5%
Lagos
5.5%

Restaurant Prices in Newcastle are 17.14% higher than in Lagos

Drinks

Coke/Pepsi 0.33L
bottle
Ntl $4,070.74/mth
Los $4,070.74/mth
Water 0.33L
bottle
Ntl $4,070.74/mth
Los $4,070.74/mth
Cappuccino regular
Ntl $4,070.74/mth
Los $4,070.74/mth

Alcohol

  • Beer
  • Wine

Domestic beer

Restaurant 0.5L draught
Ntl
Los
Market 0.5L bottle
Ntl
Los

Imported beer

Restaurant 0.33L bottle
Ntl
Los
Market 0.33L bottle
Ntl
Los

Bottle of wine

Mid-range, from supermarket

Newcastle
5
Lagos

Clothing

  • Clothing
  • Shoes

Pair of jeans

Levis 501 or similar

Ntl
Los

Summer dress

From a chain store (e.g. Zara, H&M)

Ntl
Los

Shoes

1 pair Nike shoes
Ntl
Los
1 pair men's leather shoes
Ntl
Los

Leisure

  • Cinema
  • Sports

Cinema

One ticket for an international release

Newcastle
$15.33
Lagos
$11.43

Tennis court rental

One hour on weekend

Ntl $4,070.74/mth
Los $4,070.74/mth

Fitness club

Monthly fee for one adult

Ntl $4,070.74/mth
Los $4,070.74/mth