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WOW!!!, this is indeed detailed analyses. My opinion, before moving to Nigeria, get your house & vehicle in place if possible. It will reduce 70% of the stress. Thanks bro for the awesome video.
Thank you so much to this video. I’m Nigerian American and recently got a remote job. Because of this, I’m seriously considering relocating to Lagos. Not sure yet, but this info is very helpful!
Families with children need to include school fees and auxiliaries school items (books, lunch, trips, school bus fee etc) expected for children which also varies depending on the type / calibre of school they attend. Also it’s worth registering with a hospital for medical care (some private hospitals have pseudo insurance schemes); however, a good idea it to purchase an annual platinum family multi-trip travel insurance in the West to be on the safe side😉.
School has been decentralized and has changed a great deal. You can do top notch western education on pennies on the dollar on the internet by homeschooling. That's what's we're doing and we're even still in the US. We don't need public school, it's useless!
I saw many videos explaining the cost of living in Lagos, But your own is honestly THE BEST !! Very clean, well detailed video. It will really help for people looking to live in Lagos
I am binge watching your videos and you are giving some great advice. I am African American and I have about 7 more years of work before I can retire and I plan to move to Nigeria. Do you channel is helping me a lot with my plan.
I definitely want to do a long-term stay so this video gave me a good idea of what I would pay. This video is so informative. Thank you Bayo for doing all the research. 👍🏽👍🏽👍🏽
@@thenigeriannomad shalom Brother Bayo looking to relocate to Nigeria as a diaspora from the US. Question with a salary of $5,000 per month could I live comfortably on Banana island or is Lagos offer the same
Yes! I need this info. I’ve been wondering what the cost of living would be in Lagos. Comparing the mainland and island, also. This is excellent content. Thank you Bayo.
Plus sharing this vital information. I love watching different videos on this topic. I meant to also say THANK YOU! Your breaking down of information is so realistic.🙏🏾
Yes..I want Soy milk and all of the bougie stuff...lol. Nicely done video, Bayo. I'm still just trying to get a visa so that I can at least visit Lagos. You and Iveoma continue to keep me excited about Nigeria.
LOL. That's funny! Thank you! Cant wait for you to experience it. Between me and iveoma, I am sure you get the full picture, the beautiful, the good, the bad and the ugly.lol
I will be moving to Lagos before summer and your videos, your content has been invaluable to me. I would even pay to watch them, the information is so detailed. Thank you so much. Love your content and beautiful family you have.
Im glad i discovered your channel. Very good and detail information. I m black American and just found out through DNA that my father and ancestry is mostly Nigerian . Therefore, Im eager to learn more about the country. Hopefully, this year I will be able to spend a month there learning about the various cultures. Thanks again for this valuable information🙏
You are very welcome :) and Aaaah this is FANTASTIC i honestly think any black American with an ancestry of Nigeria should just be able to get a citizenship. You are welcome home.
Very good analysis. For the people questioning why they are still living in the West , well you need to generate the income. Jobs paying this kind of money in Nigeria are difficult to get .The average Nigerian makes about $100 /month. It is cheap if you make money in the West but can you transfer your job/income? Obviously if you are retired and have pension income that would be ideal. If you can work online , if you have some kind of passive income. To a teacher in America this looks cheap ,but you could not afford this lifestyle working as a teacher in Nigeria !
The points you make are very valid. The people i see doing well here that come from the WEST are the people who own businesses, have their source of income overseas or have a very well paying job in Nigeria but you are right. those Jobs are not readily available that pays that high, they do exist though and they require special skillset.
I like your stories about Nigeria, I have a friend in Lagos and complaining about the medical system and pharmacy and meds ? I wished they would provide meds for malaria! Thanks continue sending us all we need to know about Nigeria 🇳🇬
By American standards living in Lagos is a good deal. I'm moving there with my soon to be wife. And lucky me, I'm a certified diesel mechanic and worked on generators in the military. I'm thinking I won't have trouble finding work as a diesel/ generator mechanic there.
@@thenigeriannomad Thanks. Your video was very informative. Thanks for the detailed breakdown on costs in Lagos. I'm looking forward to moving there and starting a new life, with my soon to be wife. Who knows we may meet someday. ✌️
@@thenigeriannomad brother I have a question that maybe you can answer. As I sell my belongings here in USA and only keep the necessary items, can I bring my Harley Davidson motorcycle with me , if I pay the shipping? I've read they motorcycles are banned in Lagos, is that true? Would I better off selling the Harley here and take the huge loss that would happen, as there are Harley for sale here everywhere? Would there be safe places to ride in the country? Or would a shiny expensive Harley just make me a target of opportunity? Thanks for your help in this matter!
Hello I'm just watching your video and the cost of living has gone up soo ridiculously now especially if someone wants to rent an accommodation for air bnb like you mentioned
I live in Nigeria in 2024 and I spend $70 a month on average, my rented apartment is a room and parlour and I live comfortably in a safe area. Seems like cost of living in Nigeria keeps going down as the years go by 😢
Super detailed analysis , much appreciated. It would have been good to see certain categories eg healthcare, personal care- hair, clothes, toiletries but overall very insightful.
You forgot BRT. Some Main landers park their cars and take BRT to work on the Island- average ticket is N300 which is less than a dollar. For those coming from abroad, I'll advise them to live in a service estate on the Island where all services like 24/7 light, clean water, security, cleaning of the estate etc are provided though at extra cost; but it's very convenient and nice. Also some landlords are accepting 6 months rent down payment bcos of COVID 19
Thank you Bayo. Your videos on Lagos are very informative and helpful. You have really researched well. Fantastic work. I have subscribed as your videos will be very useful for me as I am due to move to Lagos for work and plan future settlement. Remain blessed.🙏🏽
That is very interesting.Can you maybe do an update about financial situations right now! Like soaring food prices, how people are surviving! Also do you have some advice for white women are coming to Nigeria and traveling. Thanks so much. I have a partner coming from Ado Ekiti who has never been to a big city.
How do we apt shop online from the us? How do we convert our usd if we are working remotely and earn usd? Thank you so much for this video! I’m ready to leave the US. The only places that I see were decent to move were lekki and Victoria but those places are very expensive.
This breakdown was great thanks but a friendly tip… it took 5 minutes and 21 seconds before you actually got to a single price for anything. Engagement wise you may lose viewership taking that long to get to the point of the video. Just a friendly heads up from someone who appreciated the content 😊
You are right for sure. this is when i was a newbie to the whole youtube space. ha. If i did thtis video now it would be totally diffferent. Thanks for the heads up
No worries at all brother it was a great video. If it's fairly old could be a good opportunity to do another one more up to date post covid. I'm looking at spending 6 months in Lagos next year so videos like yours have been very helpful in giving me insight 😊@@thenigeriannomad
that cheap as hell omg i pay 1k every month for my apt in America i'm getting my real estate license to go to Nigeria and buy lot of property my goal is to bring my real estate business in Nigeria buy a lot of p
Great content as usual Bayo...just wondering why the cost of data would be more on the island than mainland as the providers are basically the same. And can I just say you always have a big grin in your videos when you're talking about the island lol
lol. that's funny Well, the cost doesnt have to vary.it highly depends on usage. this was a comparison of my expense to someone else's expense on the mainland. that's why the budget is different. in hindsight I could have just out a range in that category
School fees? Car maintenance? Average tips given for a month? Charitable support for struggling family members and friends? Expenditure for attending important social events like weddings, traditional, birthdays, funerals which may also require travelling to other states?..
I cant decide how much people should spend for these items. That is up to you to decide how much you want to spend on tips, charity and weddings, funerals etc. I am just focused on basic living expenses.
800usd a month is expensive for us. My highest salary so far in Nigeria is 780usd (300k naira). Most Nigerians get paid that amount or less monthly. We aint ready to have families hahaha
Thank you for all your research! I love your channel. How much is schooling and uniforms for children? How much is minimum wage? How much can a teenager or young adult earn living there?
Thank you so much! minimum wage is ridiculous! i think something like 80 bucks a month. It is unfathomable. I am not sure for the kids expense. i need to do some research though
I was hoping to secure orthodontic prices. ☺️😆 *As they are tripping in the Midwest* and I was like I’ll get them when I arrive. Nowww, I’d like to know *How much were y’all’s swim lessons?*
I wanted to figure out who could afford this life style working in Nigeria .I used just the mainland as living on the Island is like living in Manhattan! Not where the middle class usually live . Using the Median salary a teacher in Nigeria makes about of 250,000 naira/ month or $656. A doctor in Nigeria makes about 650,000 naira /month or $1706. Also let us assume that these are two income families, so the amount might be larger if the wife is working . You did not include school fees , or medical . I just got these figures off the internet so I dont know how accurate they are . I did work in Nigeria but that was long ago and the exchange rate is so much higher today. The GDP/capita is $2229/ year, which is $185,or 70,770 naira /month.
Yeah the people who are doing okay and work in Nigeria have multiple sources of income to sustain themselves in Nigeria is my observation to be honest.
@@thenigeriannomadActually based on your estimate of $400-$800/ month, both of these professions could live on the mainland, if these salary numbers are correct . Even more so if they are a couple and there is a second income coming in, and Nigerians always have side hustles! It is encouraging to see that the Nigerian middle class can afford to live a relatively good life in Nigeria!
Wrong comparison here....Doctor earning 650k/month doesn't mean the average cost of rent is 650k/month. The cost of living in the US is more than twice of Lagos!
Bayo !! This cost of living is ok. But I have to know this. Is the generator still being use with the noise pollution every day. If so how can people stand that noise? Or are this places using solar powered light?
SURE. What i have seen is that the generator and solar is being used as the back up source for when the main light goes out. just depends on your wants and needs
I spoke with one guy from Ananda state and he said his brother makes 200-300$ a month and has not even money to move to Lagos... And many people work just get a food
The wage is very low in Nigeria. The range is wide but I know some people make $300 - $600 a month. off course some people earn a lot more depending on their role at their job.
The only thing stopping me is paying for a years' rent all at once! Although the cost is easily affordable on my income, it would take a while for me to save up money to pay for rent upfront. How do people do this? [Your videos are most appreciated!]
Yeah that is the biggest hurdle but people find a way. They save too off course and hustle. Nigerians are used to saving. Also, you can probably afford to pay in full for a place but maybe not a place in VI, lekki phase 1 or Ikoyi. these places are a pretty penny
