Lagos, Nigeria
-12% vs Lagos avgYaba is a moderately-priced area within Lagos, with a cost of living index of 24.0 — that is -12% compared to the Lagos average. It sits around the middle of the pack at #10 out of 20 neighborhoods. Estimated rent for a one-bedroom apartment here is around ₦834,940/month, compared to a range of ₦616,717 in Agege to ₦1,375,753 in Banana Island.
For a typical resident of Yaba, housing takes up roughly 40% 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 ₦33,397,590 before tax.
Salaries in Yaba reflect the local cost of living. Based on the neighborhood COLI of 24.0:
After tax and deductions of 31.3% in Nigeria, take-home pay for someone earning ₦33,397,590 would be roughly ₦22,944,145/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.
Estimated annual deductions on a ₦28,463,855 salary in Yaba, Lagos (local employee).
Rates shown are for a local employee. Use the salary converter for expat calculations.
What a $75,000 USD salary in Yaba would need to be elsewhere:
| City | Currency | Equivalent |
|---|---|---|
| New York | USD | $18,000 |
| London | GBP | £15,491 |
| Dubai | AED | AED 90,068 |
| 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% |
See exactly what you need to earn in Yaba, Lagos to maintain your lifestyle.
Open Salary ConverterNeighborhoods with a similar cost of living to Yaba:
Yaba is one of the more affordable neighborhoods in Lagos. It costs about -12% less than the city average, ranking #10 out of 20 neighborhoods.
The cost of living in Yaba is below the Lagos average. With a multiplier of 0.88x, everyday expenses including rent, food, and transportation are -12% compared to the city baseline.