Last update: Oct 2026 556K

Cost of Living in Cape Verde

Name: Cape Verde
Address: CV

Across Cape Verde, living costs for one person average $1,118 a month, including rent and utilities, which take about a third of the total. Other living expenses average about $24 a day.

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🇨🇻 Cape Verde

Monthly Cost of Living

How much you'll spend in Cape Verde

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Cape Verde actually costs, broken down by who's living it.

A single person spends around $1,118 per month with rent on average in Cape Verde.

$1,118 /mo

A couple spends around $1,695 per month with rent on average in Cape Verde.

$1,695 /mo

A family of three spends around $2,271 per month with rent on average in Cape Verde.

$2,271 /mo

Meal at Budget Restaurant

$5.54 CVE 543

$3.53 CVE 346

$11.08 CVE 1,087

Three-Course Dinner for Two, Mid-Range

$53.7 CVE 5,267

$30.70 CVE 3,010

$162 CVE 15.8K

Fast Food Meal (McDonalds, etc)

$9.41 CVE 923

$5.99 CVE 587

$11.00 CVE 1,078

Cappuccino

$2.44 CVE 240

$0.82 CVE 80.9

$4.58 CVE 449

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$2.12 CVE 208

$1.55 CVE 152

$3.09 CVE 303

Water (0.33 liter bottle)

$1.15 CVE 113

$0.99 CVE 97.3

$1.49 CVE 147

Local Beer (0.5 liter draught)

$3.04 CVE 298

$2.06 CVE 202

$5.15 CVE 505

Imported Beer (0.33 liter bottle)

$2.01 CVE 197

$1.57 CVE 153

$2.61 CVE 255

Milk (1 liter)

$1.45 CVE 142

$1.34 CVE 131

$1.64 CVE 161

White Bread (500g)

$1.77 CVE 173

$1.04 CVE 102

$3.12 CVE 306

Rice (white) (1kg)

$1.87 CVE 183

$0.81 CVE 79.0

$5.04 CVE 494

Eggs

$2.34 CVE 229

$1.67 CVE 164

$2.99 CVE 293

Local Cheese (1kg)

$13.26 CVE 1,300

$6.04 CVE 592

$40.27 CVE 3,948

Chicken Fillets (1kg)

$8.41 CVE 824

$4.54 CVE 445

$10.09 CVE 989

Beef Round Steak (1kg)

$18.07 CVE 1,772

$7.48 CVE 733

$23.92 CVE 2,345

Apples (1kg)

$3.00 CVE 294

$2.00 CVE 196

$4.48 CVE 439

Banana (1kg)

$2.62 CVE 257

$2.06 CVE 202

$4.11 CVE 403

Oranges (1kg)

$2.89 CVE 284

$1.31 CVE 128

$7.53 CVE 739

Tomato (1kg)

$3.91 CVE 383

$1.04 CVE 102

$10.40 CVE 1,020

Potato (1kg)

$1.55 CVE 152

$0.82 CVE 80.8

$1.85 CVE 182

Onion (1kg)

$1.73 CVE 169

$1.20 CVE 117

$1.99 CVE 195

Lettuce (1 head)

$1.29 CVE 126

$0.52 CVE 51.1

$2.08 CVE 203

Water (1.5 liter bottle)

$1.20 CVE 118

$0.67 CVE 66.1

$1.48 CVE 146

Cigarettes 20 Pack (Marlboro, Camel)

$5.19 CVE 509

$4.67 CVE 458

$6.95 CVE 682

Wine (Bottle)

$8.09 CVE 794

$6.07 CVE 595

$9.10 CVE 892

Local Beer (0.5 liter bottle)

$2.03 CVE 200

$1.53 CVE 150

$2.55 CVE 250

Imported Beer (0.33 liter bottle)

$1.79 CVE 175

$1.48 CVE 145

$1.97 CVE 193

One-way Ticket (Public Transport)

$0.88 CVE 86.7

$0.43 CVE 42.37

$1.99 CVE 196

Public Transport Monthly Pass (Regular Price)

$30.78 CVE 3,018

$28.23 CVE 2,768

$30.78 CVE 3,018

Taxi Start (Normal Tariff)

$2.00 CVE 196

$1.50 CVE 147

$2.49 CVE 244

Taxi (Normal Tariff) (1km)

$2.59 CVE 254

$1.56 CVE 153

$3.12 CVE 306

Taxi 1hour Waiting (Normal Tariff)

$15.25 CVE 1,495

$10.17 CVE 998

$20.34 CVE 1,994

Gasoline (1 liter)

$1.54 CVE 151

$1.31 CVE 129

$1.81 CVE 177

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$29.1K CVE 2.8M

$27.5K CVE 2.7M

$30.6K CVE 3.0M

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$37.6K CVE 3.7M

$35.1K CVE 3.4M

$40.1K CVE 3.9M

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$147 CVE 14.4K

$61.4 CVE 6,018

$205 CVE 20.1K

SIM Card Monthly Plan (Calls and 10GB+ Data)

$16.89 CVE 1,656

$6.18 CVE 606

$30.90 CVE 3,030

Internet (50+ Mbps, Unlimited Data)

$52.2 CVE 5,116

$49.84 CVE 4,886

$62.3 CVE 6,107

Gym Membership (Monthly)

$29.07 CVE 2,850

$24.92 CVE 2,443

$29.91 CVE 2,932

Tennis Court (1 Hour on Weekend)

$7.81 CVE 765

$3.05 CVE 299

$10.19 CVE 999

Cinema Ticket

$5.72 CVE 560

$5.20 CVE 510

$6.24 CVE 612

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$141 CVE 13.9K

$99.9 CVE 9,790

$200 CVE 19.6K

International Primary School, 1 Child (Yearly)

$3,140 CVE 307.9K

$1,116 CVE 109.4K

$5,165 CVE 506.4K

Jeans (Levis 501 Or Similar)

$51.6 CVE 5,063

$30.47 CVE 2,987

$83.8 CVE 8,220

Summer Dress (H&M, Zara, etc)

$25.33 CVE 2,483

$20.26 CVE 1,986

$30.39 CVE 2,980

Sport Shoes (Adidas, Nike)

$66.7 CVE 6,537

$51.3 CVE 5,029

$82.1 CVE 8,046

Men's Leather Business Shoes

$135 CVE 13.2K

$60.6 CVE 5,944

$182 CVE 17.8K

1-bedroom Apartment, City Center (Monthly)

$415 CVE 40.7K

$302 CVE 29.6K

$805 CVE 78.9K

1-bedroom Apartment, Outside City Center (Monthly)

$248 CVE 24.4K

$182 CVE 17.8K

$353 CVE 34.7K

3-bedroom Apartment, City Center (Monthly)

$590 CVE 57.8K

$366 CVE 35.9K

$1,126 CVE 110.4K

3-bedroom Apartment, Outside City Center (Monthly)

$331 CVE 32.4K

$254 CVE 24.9K

$814 CVE 79.8K

Buy Apartment in City Center (m2)

$1,111 CVE 108.9K

$657 CVE 64.4K

$1,414 CVE 138.6K

Buy Apartment Outside City Center (m2)

$766 CVE 75.1K

$330 CVE 32.4K

$999 CVE 98.0K

Average Monthly Net Salary (After Tax)

$329 CVE 32.3K

20-Year Fixed Mortgage Interest Rate (Annual %)

7.33

4.5

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update: October 13, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Cape Verde $1,118

Groceries & Markets

$304 27.2%

Accommodation & Living

$248 22.2%

Monthly Utilities & Internet

$216 19.4%

Eating Out

$134 12%

Clothing & Footwear

$125 11.2%

Getting Around

$49 4.4%

Sport & Entertainment

$41 3.6%

Cost Breakdown

The average net salary in Cape Verde is $283 – below average monthly costs of $1,118. Many locals rely on dual incomes or shared housing. Remote workers earning abroad find strong purchasing power here.

Groceries average around $176 per month nationally. A mid-range dinner for two costs about $27.00.

Cost Highlights

Overall cost of living ($1,118) is 17% below the global median of $1,350.

Average rent ($165) is 75% below the global median of $652.

Dinner for two at a restaurant ($27.00) is 44% below the global median of $48.00.

Public transport ($12.00) is 65% below the global median of $34.00.

Good to know

🕒 Local time

20:54 8:54 PM

🌤 Weather

👥 Population

555,988

💱 Currency

Cabo Verdean Escudo CVE $

📈 Exchange rate

1,000 CVE = 10.2 USD

1,000 CVE = 9.07 EUR

Exchange rates and currency converter

By City in Cape Verde

Lowest

Highest

Rank	City	Population	Living Index	Solo costs (no rent) / month	Solo costs (with rent) / month	Family of 3 costs (no rent) / month	Family of 3 costs (with rent) / month	Mobile download speed (Mbps)	Internet download speed (Mbps)
1	Cidade Velha	3319						68.01	57.4
2	Mindelo	70000		$387	$387	$1,152	$1,403	20.04	47.26
3	Praia	127832	58	$732	$1,198	$1,735	$2,394	158.23	63.51
4	Sal	1288	41	$621	$850	$1,510	$1,777	226.77	65.99
5	São Vicente	75601						-	-

Cape Verde Median Internet Speeds (Updated April 2026)

Mobile

Mbps

Fixed Broadband

Mbps

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Cost of Living in Cape Verde - Frequently Asked Questions

Cost of Living in Cape Verde typically feels approachable for essentials, with variation by island and lifestyle. You can find inexpensive local meals and straightforward housing options, while imported goods and some services may run higher. Housing ranges from modest apartments near town centers to quieter options with sea views; timing matters as seasonal demand shifts. Public transport and ride-hailing can keep costs reasonable, but trips between islands require planning. Overall value grows when you mix local shopping, shared workspaces, and flexible housing. Tip: Start with a trial month in a couple of neighborhoods to feel the pulse and budget accordingly.

Cape Verde living cost varies by locale and habit, so plan around what you value most. In daily life, you should start your housing search near neighborhoods that balance walkability with calm streets; look for options with good ventilation and natural light. Food options range from lively markets with fresh produce to simple local eateries where you can stretch a budget. Transport is practical: buses and shared taxis cover main routes, while ferries connect the islands. For errands, expect slower rhythms in some areas but reliable basic services. Tip: Build a simple weekly routine that prioritizes essential spots and flexible days for market visits.

To maximize quality of life in Cape Verde, adopt a simple budgeting framework: separate housing, daily meals, transport, and activities; track what you truly use. Seasonality matters for tourism spikes and energy usage, so plan purchases and major purchases in quieter periods. Neighborhood fit depends on pace and access: consider coastal towns for sea access or inland areas for tranquility. Use local price benchmarks and test before committing long term; try coworking spaces and local clubs to build a network. Tip: Build a practical monthly plan that balances housing, food, and exploration while leaving room for seasonal changes.

Cape Verde is affordable by global standards, though costs vary a lot by region. Smaller cities and rural areas are genuinely cheap, while capitals and tourist spots are pricier – but still below international averages for similar quality.

Rent in Cape Verde varies a lot – Praia has the highest prices, and the gap between capital and provincial rents can be 50% or more. Choosing which city to live in is one of the biggest financial decisions you'll make.

Absolutely – in smaller cities across Cape Verde, $800 covers rent and daily expenses with room to spare for eating out, entertainment, and saving. Even mid-sized cities work at this budget level.