How Much Does It Cost to Build a House in Nigeria in 2026?

By My House Cost NG · Updated 15 October 2026 · 3 min read

In 2026, a 3-bedroom bungalow costs about ₦39.8M–₦93.5M to build in Nigeria, and a 5-bedroom duplex with BQ about ₦82.1M–₦184.5M, depending on location and finish.

Cost by house type (standard finish)

House	Lagos (Lekki)	Abuja (Gwarinpa)	Port Harcourt	Ibadan
3-bedroom bungalow	₦56.8M	₦55.9M	₦57.8M	₦50.8M
4-bedroom bungalow + BQ	₦82.5M	₦81.2M	₦84.0M	₦73.6M
4-bedroom duplex + BQ	₦103.6M	₦102.0M	₦105.5M	₦92.4M
5-bedroom duplex + BQ	₦113.4M	₦111.6M	₦115.5M	₦101.2M
6-bedroom duplex + BQ	₦123.1M	₦121.2M	₦125.3M	₦109.8M

How much will your house cost? Find out in 30 seconds

My House Cost NG prices your exact design, location and finish with live material prices — with a full breakdown, BOQ and construction timeline.

Get my free estimate →

What makes up the cost of a house?

Quantity surveyors split a building into substructure (foundation), superstructure (frame, walls, roof), finishes, services (electrical & plumbing), external works and a contingency. For a standard 5-bedroom duplex + BQ in Lekki:

Element	Share	Cost
Foundation	7.6%	₦8,669,209
Structure	22.7%	₦25,714,732
Finishes	25.8%	₦29,262,179
Services	11.6%	₦13,152,300
External Works	21.2%	₦24,044,309
Prelims & Contingency	11.1%	₦12,604,148
Total	100%	₦113,446,877

The four biggest cost drivers

1. Finish level

Moving from basic to luxury finishing can nearly double the total, because tiles, doors, windows, kitchens and sanitary fittings vary far more in price than blocks and concrete.

2. Location

Artisans in Ikoyi or Maitama charge much more than in Ikorodu or Kubwa, and remote sites pay more for haulage. See costs by area.

3. Size and floors

A duplex shares one roof and foundation across two floors, so it usually costs less per m² than a bungalow of the same floor area — compare in our bungalow vs duplex guide.

4. Material prices

Cement is ₦12,800 per bag and 12mm iron rods ₦800,000 per tonne (October 2026). Follow the live price tracker.

How building costs have changed since 2020

A house that costs ₦100M to build today would have cost about ₦34M in 2020 — prices have roughly tripled.

Frequently asked questions

Can ₦5 million build a house in Nigeria?

Not a complete house in 2026. ₦5M typically covers the foundation of a 2–3 bedroom bungalow outside the big cities. See our ₦5 million guide for what it can do.

Is it cheaper to build or buy a house in Nigeria?

Building is usually 20–40% cheaper than buying a new house in the same area, because developers add land, finance, marketing and profit — but it takes longer and needs close supervision.