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Money magazine
Insurer of the
Year 2017-21

prices shown in
Mumbai vs Lagos
Mum vs Los

Average net salary (After tax)

Lagos
Mumbai

Housing

  • Rent apartment
  • Buy apartment

Rent 1 bedroom apartment

Cost per month

In city centre
Los
Mum
Outside city centre
Los
Mum

Rent 3 bedroom apartment

Cost per month

In city centre
Los
Mum
Outside city centre
Los
Mum

Buy apartment

Price per m2

In city centre
Los
Mum
Outside city centre
Los
Mum

Mortgage rates

Lagos
4.5%
Mumbai
5.5%
Compare our
home insurance prices

Utilities

  • Basic Utilities
  • Internet & Phone

Basic utilities

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

Lagos
Mumbai

Internet

60 Mbps or more, unlimited data, Cable/ADSL

Los
Mum

Mobile phone data

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

Los
Mum

Transport

  • Public Transport
  • Car

One-way ticket

Local transport

Los
Mum

Monthly pass

Regular price

Los
Mum

Fuel prices

Per Litre

Lagos
Mumbai

Buying a new car

Volkswagen Golf 1.4 90KW Trendline (Or equivalent)

Los
Mum
Compare our
car insurance prices

Groceries

  • Staples
  • Meat
  • Produce
  • Cigarettes

Staples

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

Pack of cigarettes

(Marlboro)

Lagos
Mumbai

Meat & cheese

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

Vegetables

Potatoes 1kg
Los
Mum
Lettuce 1 head
Los
Mum
Tomatoes 1kg
Los
Mum

Fruit

Apples 1kg
Los
Mum
Oranges 1 head
Los
Mum
Bananas 1kg
Los
Mum

Eating Out

  • Food
  • Drinks

Meal for two

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

Mcdonalds McMeal

Or equivalent combo meal

Lagos
4.5%
Mumbai
5.5%

Restaurant Prices in Lagos are 17.14% higher than in Mumbai

Drinks

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

Alcohol

  • Beer
  • Wine

Domestic beer

Restaurant 0.5L draught
Los
Mum
Market 0.5L bottle
Los
Mum

Imported beer

Restaurant 0.33L bottle
Los
Mum
Market 0.33L bottle
Los
Mum

Bottle of wine

Mid-range, from supermarket

Lagos
5
Mumbai

Clothing

  • Clothing
  • Shoes

Pair of jeans

Levis 501 or similar

Los
Mum

Summer dress

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

Los
Mum

Shoes

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

Leisure

  • Cinema
  • Sports

Cinema

One ticket for an international release

Lagos
$15.33
Mumbai
$11.43

Tennis court rental

One hour on weekend

Los $4,070.74/mth
Mum $4,070.74/mth

Fitness club

Monthly fee for one adult

Los $4,070.74/mth
Mum $4,070.74/mth