Cost of Living in Cape Verde - Updated Prices & Insights

Name: Cape Verde
Address: CV

Monthly Cost of Living

A single person spends around $527 per month with rent on average in Cape Verde.

A couple spends around $879 per month with rent on average in Cape Verde.

A family of three spends around $1,230 per month with rent on average in Cape Verde.

Meal at Budget Restaurant

$5.10 CVE 492

$2.56 CVE 246

$11.23 CVE 1,083

Three-Course Dinner for Two, Mid-Range

$51.7 CVE 4,986

$31.29 CVE 3,018

$160 CVE 15.4K

Fast Food Meal (McDonalds, etc)

$8.13 CVE 784

$4.57 CVE 441

$11.21 CVE 1,081

Cappuccino

$1.96 CVE 189

$0.74 CVE 71.8

$4.59 CVE 442

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

$1.96 CVE 189

$1.02 CVE 98.6

$3.06 CVE 295

Water (0.33 liter bottle)

$1.17 CVE 113

$1.07 CVE 103

$1.60 CVE 155

Local Beer (0.5 liter draught)

$3.36 CVE 324

$2.35 CVE 227

$5.33 CVE 514

Imported Beer (0.33 liter bottle)

$2.14 CVE 207

$1.83 CVE 177

$3.06 CVE 295

Milk (1 liter)

$1.37 CVE 132

$1.12 CVE 108

$1.48 CVE 143

White Bread (500g)

$1.83 CVE 177

$1.08 CVE 104

$3.23 CVE 312

Rice (white) (1kg)

$1.80 CVE 174

$1.06 CVE 102

$3.81 CVE 368

Eggs

$2.31 CVE 222

$1.71 CVE 165

$3.06 CVE 295

Local Cheese (1kg)

$13.10 CVE 1,263

$6.37 CVE 614

$42.44 CVE 4,094

Chicken Fillets (1kg)

$8.14 CVE 785

$3.92 CVE 378

$9.15 CVE 883

Beef Round Steak (1kg)

$20.28 CVE 1,956

$7.93 CVE 765

$25.38 CVE 2,448

Apples (1kg)

$2.68 CVE 258

$2.04 CVE 196

$4.07 CVE 393

Banana (1kg)

$2.33 CVE 225

$2.13 CVE 205

$4.26 CVE 410

Oranges (1kg)

$2.82 CVE 272

$1.39 CVE 134

$8.00 CVE 772

Tomato (1kg)

$3.49 CVE 337

$1.63 CVE 157

$4.09 CVE 394

Potato (1kg)

$1.49 CVE 143

$0.85 CVE 82.4

$1.91 CVE 185

Onion (1kg)

$1.70 CVE 164

$1.25 CVE 121

$2.08 CVE 200

Lettuce (1 head)

$1.41 CVE 136

$1.08 CVE 104

$2.14 CVE 207

Water (1.5 liter bottle)

$1.06 CVE 102

$0.61 CVE 59.0

$1.53 CVE 147

Cigarettes 20 Pack (Marlboro, Camel)

$4.98 CVE 481

$4.72 CVE 456

$5.24 CVE 506

Wine (Bottle)

$8.42 CVE 812

$6.32 CVE 610

$9.49 CVE 915

Local Beer (0.5 liter bottle)

$2.02 CVE 195

$1.53 CVE 148

$3.07 CVE 296

Imported Beer (0.33 liter bottle)

$1.85 CVE 179

$1.12 CVE 108

$2.04 CVE 197

One-way Ticket (Public Transport)

$0.90 CVE 87.1

$0.44 CVE 42.15

$1.02 CVE 98.4

Public Transport Monthly Pass (Regular Price)

$30.47 CVE 2,939

$29.19 CVE 2,815

$31.76 CVE 3,063

Taxi Start (Normal Tariff)

$1.81 CVE 175

$1.56 CVE 150

$2.07 CVE 200

Taxi (Normal Tariff) (1km)

$2.12 CVE 205

$1.42 CVE 137

$2.83 CVE 273

Taxi 1hour Waiting (Normal Tariff)

$10.64 CVE 1,026

$21.28 CVE 2,052

Gasoline (1 liter)

$1.52 CVE 147

$1.39 CVE 134

$1.97 CVE 190

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

$29.4K CVE 2.8M

$27.8K CVE 2.7M

$30.9K CVE 3.0M

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

$39.2K CVE 3.8M

$36.6K CVE 3.5M

$41.8K CVE 4.0M

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

$136 CVE 13.1K

$62.9 CVE 6,067

$210 CVE 20.2K

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

$28.27 CVE 2,727

$12.72 CVE 1,227

$31.81 CVE 3,068

Internet (50+ Mbps, Unlimited Data)

$53.4 CVE 5,151

$51.4 CVE 4,958

$58.6 CVE 5,653

Gym Membership (Monthly)

$34.59 CVE 3,336

$26.20 CVE 2,527

$47.16 CVE 4,549

Tennis Court (1 Hour on Weekend)

$8.68 CVE 837

$5.20 CVE 502

$10.41 CVE 1,004

Cinema Ticket

$5.86 CVE 565

$5.33 CVE 514

$6.40 CVE 617

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

$162 CVE 15.6K

$103 CVE 9,975

$207 CVE 19.9K

International Primary School, 1 Child (Yearly)

$2,997 CVE 289.0K

$1,145 CVE 110.4K

$5,301 CVE 511.3K

Jeans (Levis 501 Or Similar)

$59.6 CVE 5,750

$31.73 CVE 3,061

$87.5 CVE 8,439

Summer Dress (H&M, Zara, etc)

$30.79 CVE 2,969

Sport Shoes (Adidas, Nike)

$83.1 CVE 8,010

Men's Leather Business Shoes

$140 CVE 13.5K

$105 CVE 10.1K

$189 CVE 18.2K

1-bedroom Apartment, City Center (Monthly)

$455 CVE 43.9K

$319 CVE 30.7K

$637 CVE 61.5K

1-bedroom Apartment, Outside City Center (Monthly)

$250 CVE 24.1K

$188 CVE 18.2K

$404 CVE 39.0K

3-bedroom Apartment, City Center (Monthly)

$567 CVE 54.7K

$338 CVE 32.6K

$1,162 CVE 112.1K

3-bedroom Apartment, Outside City Center (Monthly)

$482 CVE 46.5K

$260 CVE 25.1K

$833 CVE 80.4K

Buy Apartment in City Center (m2)

$1,134 CVE 109.4K

$670 CVE 64.6K

$1,443 CVE 139.2K

Buy Apartment Outside City Center (m2)

$798 CVE 77.0K

$344 CVE 33.2K

$1,040 CVE 100.4K

Average Monthly Net Salary (After Tax)

$330 CVE 31.8K

20-Year Fixed Mortgage Interest Rate (Annual %)

7.67

4.5

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

Last update: July 12, 2026

Cost Breakdown

The average net salary in Cape Verde is $286 – below average monthly costs of $527. Many locals rely on dual incomes or shared housing. Remote workers earning abroad find strong purchasing power here.

Groceries average around $180 per month nationally. A mid-range dinner for two costs about $28.00.

Cost Highlights

Overall living costs ($527) is 61% below the global median of $1,336.

Average rent ($161) is 74% below the global median of $631.

Dining out ($28.00) is 42% below the global median of $48.00.

Public transport ($12.00) is 64% below the global median of $33.00.

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	-						68.01	57.4
2	Mindelo	70000		$395	$423	$1,081	$1,486	20.04	47.26
3	Praia	127832	62	$839	$1,217	$1,889	$2,626	158.23	63.51
4	Sal	-	51	$595	$997	$1,370	$2,038	226.77	65.99
5	São Vicente	-						-	-

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.