The most common question from people considering a move to Lekki is simple: how expensive is it? The honest answer is that Lekki is one of the more expensive parts of Lagos — but it also offers value for money when you consider what you get. Here is a complete breakdown of the cost of living in Lekki Lagos in 2026.
Accommodation
Rent is the biggest expense for most Lekki residents and is typically paid annually upfront in Nigeria.
- Studio/Mini flat: ₦600,000 – ₦1,200,000 per year
- 1 Bedroom: ₦800,000 – ₦2,500,000 per year
- 2 Bedroom: ₦1,500,000 – ₦5,000,000 per year
- 3 Bedroom: ₦2,500,000 – ₦10,000,000 per year
Lekki Phase 1 commands the highest rents. Chevron and Osapa offer better value.
Food and Groceries
- Cooking at home: ₦60,000 – ₦120,000 per month for a single person
- Eating out (mid-range restaurant): ₦5,000 – ₦20,000 per meal
- Fast casual (Mega Chicken, The Place): ₦2,000 – ₦5,000 per meal
- Coffee (PAUSE Cafe, etc.): ₦2,000 – ₦5,000
- Groceries (Shoprite, Spar, Ebeano): ₦80,000 – ₦150,000 per month
Transport
- Personal car (fuel + maintenance): ₦80,000 – ₦200,000/month
- Uber/Bolt daily use: ₦60,000 – ₦120,000/month
- BRT bus: ₦10,000 – ₦20,000/month
- Okada/Keke (short distances): ₦15,000 – ₦30,000/month
Utilities
- PHCN electricity: ₦15,000 – ₦40,000/month
- Generator fuel: ₦30,000 – ₦80,000/month
- Internet (home broadband): ₦15,000 – ₦50,000/month
- Water: ₦5,000 – ₦15,000/month
Entertainment and Lifestyle
- Cinema (Filmhouse IMAX): ₦3,000 – ₦8,000
- Beach visit (Elegushi): ₦500 – ₦1,000 entry
- Gym membership: ₦15,000 – ₦50,000/month
- Dinner out (nice restaurant): ₦15,000 – ₦50,000
- Weekend activities: ₦20,000 – ₦100,000
Is Lekki Worth the Cost?
Yes — for most people. What Lekki offers in return for the higher costs:
- Better infrastructure than most of Lagos
- More reliable electricity in many estates
- Security and relative safety
- Quality restaurants, entertainment and lifestyle options
- A community of like-minded professionals
- Proximity to business districts on the Island
Living in Lekki Verdict
Lekki is expensive by Nigerian standards but reasonable by international ones. If you are earning a Lagos professional salary or working remotely with foreign income, the quality of life it offers is excellent value. Start with a shortlet to test the area before committing to an annual lease.