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

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

Surulere is one of the hearts of the megacity that is Lagos. Popularly acknowledged as the entertainment capital, it is a busy hub with a host of lively fun spots where you can find anything from ethnic tasty delights to live musical and other stage performances. The plethora of bars, restaurants, lounges, hotels, stadiums, cinemas, and malls make it an ideal haven for fun lovers. Home to mostly the middle-class, it is one of the safest areas of Lagos. Rent is higher than average but transportation is easy. It also has the distinct advantage of being central so all parts of Lagos are easily accessible.

HELPFUL REPORT

It’s vital to know cost of living is a little high, basic needs such as transportation and housing make it difficult for low earners to get savings. Also, the scarce availability of jobs is an issue to know, the majority of the scarcely available jobs are low paid jobs with high work stress. difficulty in transportation is also on of the major problems, find it difficult to get a convenient transport and traffic jam could make the day so stressful which one have to know could lead to health issue.

Lagos, is highly populated compared to other states in Nigeria. However, the are vast opportunities for people with various skills and talent to explore. There are many factories both local and international where individual skills, capabilities and expertise are met with corresponding jobs. It is well known that the cost of living in Lagos is high but with the right attitude, more can be achieved.

If anyone moves to Surulere, it is pertinent that the cost of living should be of great consideration. Since the cost of purchasing a 25 kg bag of rice will be more expensive compared to that of inner communities. Surulere now tends to accommodate more of the wealthy than the middle-class group. A far cry from what was obtainable in the early ’90s.

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

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