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Jakarta vs Lagos

Home Price & Cost of Living Comparison

Live DataLast updated: March 31, 2026ยทSource: OECD, Numbeo & National Statistics

๐Ÿ’ก Why it matters: Jakarta vs Lagos

Lagos is 21% more affordable for homebuyers. Jakarta has a price-to-income ratio of 10.5x compared to 10.5x in Lagos.

MetricJakartaLagos
Avg Home Price$120,000$95,000
Price / sqm$2,200$1,200
Rent (1BR)$450/mo$500/mo
Rent (3BR)$800/mo$900/mo
Price-to-Income10.5x10.5x
Mortgage Rate9.5%18.5%
1yr Change+3.2%+8.5%
Median Income$11,000/yr$9,000/yr
Population11,000,00016,000,000
JakartaView full details โ†’LagosView full details โ†’
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HomePricePeek Research TeamData Specialists

Our team analyzes data from OECD, Numbeo & National Statistics to deliver accurate, up-to-date information. All data is verified and cross-referenced with official sources.

โœ“ OECD, Numbeo & National Statisticsโœ“ Updated 2025

Frequently Asked Questions

Is Jakarta or Lagos more expensive?
Lagos is more affordable. Home prices differ by $25,000 (21%).
Which city has cheaper rent, Jakarta or Lagos?
Rent for a 1BR in Jakarta is $450/mo vs $500/mo in Lagos.

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