Is Amuwo-Odofin Expensive?

Lagos, Nigeria

-22% vs Lagos avg

Living in Amuwo-Odofin, Lagos

Amuwo-Odofin is one of the most affordable neighborhoods in Lagos, with a cost of living index of 21.3 — that is -22% compared to the Lagos average. Ranked #16 of 20, it offers some of the lowest costs in the city. Estimated rent for a one-bedroom apartment here is around ₦740,060/month, compared to a range of ₦616,717 in Agege to ₦1,375,753 in Banana Island.

Monthly Budget Breakdown

For a typical resident of Amuwo-Odofin, housing takes up roughly 35% of monthly expenses. Food and groceries account for about 15%, while transportation costs around 8%. To live comfortably here — meaning rent stays at or below 30% of gross income — you would need an annual salary of approximately ₦29,602,410 before tax.

Typical Salaries in Amuwo-Odofin

Salaries in Amuwo-Odofin reflect the local cost of living. Based on the neighborhood COLI of 21.3:

After tax and deductions of 31.2% in Nigeria, take-home pay for someone earning ₦29,602,410 would be roughly ₦20,366,458/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.

Key Stats

21.3
COLI Index
0.78x
vs City Avg
₦740,060
Est. 1BR Rent
#16
of 20 Areas
31.2%
Total Deductions

Tax & Deductions in Amuwo-Odofin

Estimated annual deductions on a ₦25,261,672 salary in Amuwo-Odofin, Lagos (local employee).

Income Tax
23%
Pension + NHF
8.0%
Total Deductions: 31.2%
Est. Take-Home: ₦17,385,937/yr

Rates shown are for a local employee. Use the salary converter for expat calculations.

Salary Equivalents

What a $75,000 USD salary in Amuwo-Odofin would need to be elsewhere:

City Currency Equivalent
New York USD $15,975
London GBP £13,748
Dubai AED AED 79,935

Other Neighborhoods in Lagos

Neighborhood COLI Multiplier vs Avg
Banana Island 39.6 1.45x +45%
Victoria Island 36.9 1.35x +35%
Ikoyi 35.5 1.30x +30%
Lekki Phase 1 33.3 1.22x +22%
Chevron Drive 30.6 1.12x +12%

View all 20 neighborhoods in Lagos →

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Similar Neighborhoods Worldwide

Neighborhoods with a similar cost of living to Amuwo-Odofin:

Grochów, Warsaw Üsküdar, Istanbul Beykoz, Istanbul Thanh Xuan, Hanoi Nam Tu Liem, Hanoi District VIII (Józsefváros), Budapest

Frequently Asked Questions

Is Amuwo-Odofin expensive in Lagos?

Amuwo-Odofin is one of the more affordable neighborhoods in Lagos. It costs about -22% less than the city average, ranking #16 out of 20 neighborhoods.

How does Amuwo-Odofin compare to the Lagos average?

The cost of living in Amuwo-Odofin is well below the Lagos average. With a multiplier of 0.78x, everyday expenses including rent, food, and transportation are -22% compared to the city baseline.

Data Sources: Cost of living indices based on crowd-sourced price data and official statistics. Tax calculations follow 2026 rates. Sources include OECD Better Life Index. Figures are estimates and may vary based on individual circumstances.