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Cost of Living and Inflation in Ikeja, Lagos: What do you need to know?

eight local experts
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Here's what eight local experts had to say about prices and the cost of living in Ikeja, Lagos.

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It’s a city known for hustle and bustle, a lot of traffic, high accommodation rates, a lot of taxes, some unscrupulous individuals and a lot of schools. Lagos is a Megacity popularly known as the “London of Nigeria” because of its beautiful environment and availability of opportunities. The gap between the rich and the poor is enormous and obvious, majority of the wealthy man reside in the island. Lagos Island is like another Lagos on its own the scenery will leave any first timer speechless.

Chinelo, says: 2020

Lagos is a magnificent city; it is called “The City that never Sleeps”. It serves as a financial hub in Africa and a great platform for the showcasing of the Yoruba tradition. Traffic here is crazy but won’t kill you. Rents are astronomical in the suburb. There a great malls here where you can do all your shopping. Several beaches are available too. In all, with a great plan and steady income, Lagos is the place.

My city, Ikeja, is one of the most populated cities in Lagos state. It is known for having constant traffic and noisy roads. The residency in Ikeja is quite expensive. My city is also famous for its beautiful beach resorts and nightlife. Weekends in Ikeja are even busier than the weekdays.

Emmanuel, says: 2020

Ikeja is the business hub in Lagos State. It has entertainment aspect which serves as income revenue to citizen. It is all know as computer village where all sorts of electronic devices can be purchased. It also houses a major police barrack in the Government reserve area. It is the capital of Lagos State.

Rosemary, says: 2020

If you consider relocating to Ikeja, you must be very smart because you will come across a lot of fraudsters as you interact with people. You must also know that houses in Ikeja are quite expensive compared to renting a similar flat in the suburb. You must also know how to haggle with sellers to avoid being cheated.

Emmanuel, says: 2020

It is important to note, that when moving to Ikeja, the high cost of accommodation and transportation and feeding should be carefully factored into your budget. Traffic and bad drainage should also be accounted for. On the bright side however, it is a well developed area that is easily accessible to major parts of the state, with lots of companies and entertainment centers.

There is always traffic so be prepared for stress. The heat is too much at times. There are mosquitoes and cholera is high. House rent is expensive. Cost of food is high. School fees are very expensive. Clothing items are costly too. It is very crowded.

Priscilla, says: 2020

Anyone moving here should now that the weather condition is not friendly and more so the cost of living here is relatively high. There are traffic jam on the major roads almost every time. Anyone relocating here should also know that foodstuffs are expensive here as all available ones are being transported from the neighbouring states.

Mathew, says: 2020
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