Nigeria is the most populous country in Africa with an estimated population of 174 million. Due to persistent increase in the number of people, the country has always experienced inflation, which has resulted to increase in prices of rental property as well as cost of living.
More than 40 percent of Nigerians living in Lagos are classified as poor, which portrays a bad image considering the country is among the highest producers of oil deposits in Africa.
People often move to Lagos in search of greener pastures. But as you consider staying in this great city, remember that there are estates where you can’t imagine of living there. Some of the most expensive estates in Lagos include Ikoyi, Ikeja, Ajah and Victoria Island. A single room in such estates cost as high as N40, 000, which is too high for an ordinary Nigerian.
However, there are estates where rent is much cheaper and the cost of living is not out of reach for a common man.
The following are the cheapest estates to live in Lagos.
- Mile 12,
- Mile 2,
Even if you are a teacher, a security officer, a casual worker, or hawker, you will never a single room, one bedroom or two bedrooms house which is friendly to your pocket.