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Nairaland Forum / Nairaland / General / Properties / Can A Salary Of ₦100k Sustain A Decent Apartment In Lagos? (33054 Views)
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Can A Salary Of ₦100k Sustain A Decent Apartment In Lagos? by gbemishile: 9:53am On Mar 09, 2021 |
hello nairalanders. I am thinking of getting a decent self contain partment in lagos that is close to my work place. I am currently employed with a salary scale of about a 100k, and for now I have no alternative source of income except my current job which is a govt job. I am just scared I might not be able to sustain the rent cus I only have my salary to depend on for now, and I will still have some other commitments like family etc. I was thinking of getting a decent one room, like a face me I slap u, till am able to gather my home furnitures, and also try to develop myself in terms of certifications, or learning some IT skills, then I can move to a decent self contain. The only fear is the last time I lived that life was my University days. Can a salary of 100k sustain an apartment here in Lagos? Your comments are highly welcome 13 Likes |
Re: Can A Salary Of ₦100k Sustain A Decent Apartment In Lagos? by RedSquid: 10:13am On Mar 09, 2021 |
Yes it can You will be fine. You can get such apartments in many parts of Lagos and 100k monthly will sustain it nice nice. It will even sustain a room self contain apartment. The annual rent for that always ranges between 150 and 220k depending in area, agency fees inclusive. After first year, the annual rent is around 120/150k. Your monthly salary can cover this and you'll be enjoying a good life at it. 73 Likes 5 Shares |
Re: Can A Salary Of ₦100k Sustain A Decent Apartment In Lagos? by Bornsinner7: 11:07am On Mar 09, 2021 |
Yes.. it is up to you.. all you need do is know your spendings.. You fit put ashawo for road make she dey balance you make you use that one as side hustle for the main time before you learn the IT skill 28 Likes 2 Shares |
Re: Can A Salary Of ₦100k Sustain A Decent Apartment In Lagos? by ebuk4real(m): 11:07am On Mar 09, 2021 |
![]() You even see 100k job. 90 Likes |
Re: Can A Salary Of ₦100k Sustain A Decent Apartment In Lagos? by salmonkay: 11:08am On Mar 09, 2021 |
NOPE 1 Like 1 Share |
Re: Can A Salary Of ₦100k Sustain A Decent Apartment In Lagos? by WalkerMichael(m): 11:08am On Mar 09, 2021 |
Decent is relative bro ... Nigeria don hard. Na my guy be this for down sef. Slawo ![]() ![]() 5 Likes |
Re: Can A Salary Of ₦100k Sustain A Decent Apartment In Lagos? by slawormiir: 11:08am On Mar 09, 2021 |
Damnnn niggarrrr First of all government jobs are secured...especially federal government job and your promotion is sure ...the salary comes at the appropriate time ...but that doesn't mean you should be comfortable.....because government jobs dey lead to poverty if you are comfortable with it...get more certification and develop yourself So if you want to go for self contain ..then I support And always try to differentiate your needs from your want...and don't think because you got a nice apartment....then ngozi or Sandra can pack her things and join you without her doing anything to bring money...if you try that shit...I bet you Ngonzi will get pregnant and una go begin born children....na so una poverty go start....the poverty go tie wrapper and gele Face me I slap you kind of Apartment is not what you should settle for.... Impecca:Ogbeni..I still dey try small small...nor be say I brilliant like that.....I dey dull finish sometimes 185 Likes 9 Shares |
Re: Can A Salary Of ₦100k Sustain A Decent Apartment In Lagos? by JosephXavier: 11:08am On Mar 09, 2021 |
Of course it will Just be saving 20k monthly from your monthly salary and at the end of the year you'll have 240k which I believe will be enough for you to pay the rent Just be prudent with your finance, no go dey do show off or compete with people wey pass you Most importantly, stay away from slay mamas, just get a cool headed girl and date because it won't be good to be without a lady 71 Likes 2 Shares |
Re: Can A Salary Of ₦100k Sustain A Decent Apartment In Lagos? by CrazyCrane: 11:08am On Mar 09, 2021 |
Location matters a lot. However, make it a habit of saving 8k every month for the said "rent" so it won't be a burden sourcing for a huge amount in a short time.... Note: get an apartment that 1-2 months salary can actually cover without being a burden unto you. Cheers! ![]() 35 Likes 1 Share |
Re: Can A Salary Of ₦100k Sustain A Decent Apartment In Lagos? by tensazangetsu20(m): 11:08am On Mar 09, 2021 |
Please stay where you are if it's not inconvenient and focus on gaining the IT skills and relevant certifications. Those things cost a ton of money. 1 Like |
Re: Can A Salary Of ₦100k Sustain A Decent Apartment In Lagos? by Virus99: 11:08am On Mar 09, 2021 |
Yes sure. I was on 85k per month. And I am living in a very good a room and parlour self contain 120k/annum . Later resigned to goan start my own company ![]() 36 Likes |
Re: Can A Salary Of ₦100k Sustain A Decent Apartment In Lagos? by sirblend: 11:08am On Mar 09, 2021 |
If you work at Lekki you can get a room and parlor around Sangotedo axis for 200-300k. 1 Like 1 Share |
Re: Can A Salary Of ₦100k Sustain A Decent Apartment In Lagos? by KIDfurniture(m): 11:09am On Mar 09, 2021 |
Please avoid girl friend especially the lazy ones.. I repeat say no to liability with 100k u will live fine...thank u 38 Likes |
Re: Can A Salary Of ₦100k Sustain A Decent Apartment In Lagos? by Ciscogod(m): 11:09am On Mar 09, 2021 |
Lagos is very expensive, I earn more than 4times your salary , I still cant afford an apartment close to my office 21 Likes |
Re: Can A Salary Of ₦100k Sustain A Decent Apartment In Lagos? by wallay77(m): 11:09am On Mar 09, 2021 |
Location of your work place |
Re: Can A Salary Of ₦100k Sustain A Decent Apartment In Lagos? by Monogamy: 11:09am On Mar 09, 2021 |
That depends on location 1 Like |
Re: Can A Salary Of ₦100k Sustain A Decent Apartment In Lagos? by gbolswag(m): 11:09am On Mar 09, 2021 |
Why not...but location is key |
Re: Can A Salary Of ₦100k Sustain A Decent Apartment In Lagos? by malcom1X: 11:09am On Mar 09, 2021 |
Salary this, salary that, baba go farm. 5 Likes 1 Share |
Re: Can A Salary Of ₦100k Sustain A Decent Apartment In Lagos? by BigDick70inch(m): 11:09am On Mar 09, 2021 |
Yeah....... But then it might not suit yo taste......... Try checking ikorodu/Agege/mushin....... 1 Like |
Re: Can A Salary Of ₦100k Sustain A Decent Apartment In Lagos? by Nobody: 11:09am On Mar 09, 2021 |
Answering this question is like looking for a virgin in ashawo house. This depends on many things like: Where you work Married or single Type of apartment etc. Your whole salary of 1.2m per annum can't pay for some self cons in Vi. The whole salary can't pay for a mini flat in lekki phase 1. But 250- 300k can get you a decent mini flat in Iyana ipaja, Abule egba, ejigbo, Average price for a decent mini flat in Surulere, ikeja, magodo, ago palace etc is 500-600k without agency and commission. 26 Likes 2 Shares |
Re: Can A Salary Of ₦100k Sustain A Decent Apartment In Lagos? by id4sho(m): 11:09am On Mar 09, 2021 |
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Re: Can A Salary Of ₦100k Sustain A Decent Apartment In Lagos? by taretoofine(m): 11:10am On Mar 09, 2021 |
Yes , except you've got high taste Last last na to double hustle 1 Like |
Re: Can A Salary Of ₦100k Sustain A Decent Apartment In Lagos? by SamuelAnyawu(m): 11:11am On Mar 09, 2021 |
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Re: Can A Salary Of ₦100k Sustain A Decent Apartment In Lagos? by CotenantNIG: 11:11am On Mar 09, 2021 |
yes in places like igando and axis Cheapest Places To Live In Lagos https://cotenant.ng/cheapest-places-to-live-in-lagos-for-nysc-corpers/ 1 Like 1 Share |
Re: Can A Salary Of ₦100k Sustain A Decent Apartment In Lagos? by christopher123(m): 11:11am On Mar 09, 2021 |
YES, DEPENDING ON LOCATION |
Re: Can A Salary Of ₦100k Sustain A Decent Apartment In Lagos? by Tos87(m): 11:11am On Mar 09, 2021 |
just avoid girl friends for now of any type,..las las...you go dey alright 8 Likes |
Re: Can A Salary Of ₦100k Sustain A Decent Apartment In Lagos? by Sanchez01: 11:11am On Mar 09, 2021 |
gbemishile:Your rent should not gulp more than 40% of your income. Any other thing is you inviting trouble. Factor in how much you'll spend on transportation bills and feeding monthly then consider what is left to save multiplied by a calendar year (12). 3 Likes |
Re: Can A Salary Of ₦100k Sustain A Decent Apartment In Lagos? by Blackmoran(m): 11:12am On Mar 09, 2021 |
where is your work located I hope is not lekki? 1 Like |
Re: Can A Salary Of ₦100k Sustain A Decent Apartment In Lagos? by FalseProphet1(m): 11:12am On Mar 09, 2021 |
Sow the 100k as a see to your pastor and you will get your own house before June this year. This I have seen. 10 Likes |
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