Lagos vs Nanjing
Home Price & Cost of Living Comparison
Live DataLast updated: March 31, 2026ยทSource: OECD, Numbeo & National Statistics
๐ก Why it matters: Lagos vs Nanjing
Lagos is 70% more affordable for homebuyers. Lagos has a price-to-income ratio of 10.5x compared to 13.2x in Nanjing.
| Metric | Lagos | Nanjing |
|---|---|---|
| Avg Home Price | $95,000 | $320,000 |
| Price / sqm | $1,200 | $5,200 |
| Rent (1BR) | $500/mo | $650/mo |
| Rent (3BR) | $900/mo | $1,100/mo |
| Price-to-Income | 10.5x | 13.2x |
| Mortgage Rate | 18.5% | 4.2% |
| 1yr Change | +8.5% | -4.2% |
| Median Income | $9,000/yr | $24,000/yr |
| Population | 16,000,000 | 9,400,000 |
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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.
โ OECD, Numbeo & National Statisticsโ Updated 2025
Frequently Asked Questions
Is Lagos or Nanjing more expensive?
Lagos is more affordable. Home prices differ by $225,000 (70%).
Which city has cheaper rent, Lagos or Nanjing?
Rent for a 1BR in Lagos is $500/mo vs $650/mo in Nanjing.
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