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🏠 Cost of Living in Yaba

Total monthly cost for a family of 4 (mid-tier lifestyle)

₦915,933/month
₦10,991,196/year
1

Where do you live?

2

Your household

Household size
Lifestyle tier
3

Your commute

Work location
Commute mode
4

Domestic staff (optional)(optional)

Your monthly cost of living in Yaba
₦916K
₦10,991,196/year
= 13.1× the minimum wage (₦70,000)
= 2.7× the national average salary (₦339,000)
🏠 Rent
₦258,333
28%
🍚 Food
₦300,000
33%
⚡ Power
₦200,000
22%
🚌 Transport
₦17,600
2%
💧 Water
₦30,000
3%
👩‍👧 Domestic Staff
₦95,000
10%
📱 Internet/Data
₦15,000
2%
TOTAL
₦915,933
100%

🆚 Compare with another neighborhood

Compare with:
Yaba
₦916K
/month
Lekki Phase 1
₦1.55M
/month
Cost difference moving to Yaba — Annual difference: ₦7.6M
Lagos.Cool Editorial
4 June 2026 · 2 min read

Cost of Living in Yaba

Yaba delivers the best value in Lagos for Island workers. At ₦845K/month total, it's 42% cheaper than Lekki Phase 1 with faster commute access to VI via BRT (₦400, 35 minutes). The tech hub ecosystem means you're surrounded by co-working spaces, startup offices, and affordable eating options. Water costs ₦15K-₦45K/month (borehole, not tanker). The only trade-off: mainland infrastructure, noise, and aging buildings.

🔗 Related guides

🏠 Rent in Yaba→💧 Water in Yaba→🚌 Commuting from Yaba→👩‍🍼 Domestic staff prices in Yaba→

FAQ

A family of 4 living in Yaba at a mid-tier lifestyle spends approximately ₦915,933/month (₦10,991,196/year), broken down into rent, food, power, transport, water, and (optional) staff.