Cost of Living in Cape Verde - Updated Prices & Insights

Name: Cape Verde
Address: CV

Monthly Cost of Living

A single person spends around $530 per month with rent on average across Cape Verde.

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

A family of three spends around $1,228 per month with rent on average across Cape Verde.

Meal at Budget Restaurant

$5.21 CVE 493

$2.61 CVE 247

$11.46 CVE 1,085

Three-Course Dinner for Two, Mid-Range

$51.0 CVE 4,827

$30.86 CVE 2,922

$157 CVE 14.9K

Fast Food Meal (McDonalds, etc)

$8.54 CVE 809

$4.81 CVE 455

$11.77 CVE 1,115

Cappuccino

$1.97 CVE 186

$0.75 CVE 70.8

$4.61 CVE 436

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

$1.96 CVE 185

$1.02 CVE 96.7

$3.06 CVE 289

Water (0.33 liter bottle)

$1.18 CVE 112

$1.08 CVE 102

$1.61 CVE 152

Local Beer (0.5 liter draught)

$3.24 CVE 307

$2.27 CVE 215

$5.13 CVE 486

Imported Beer (0.33 liter bottle)

$2.23 CVE 211

$1.90 CVE 180

$3.18 CVE 301

Milk (1 liter)

$1.43 CVE 135

$1.17 CVE 111

$1.55 CVE 147

White Bread (500g)

$1.74 CVE 165

$1.03 CVE 97.1

$3.07 CVE 290

Rice (white) (1kg)

$1.80 CVE 171

$1.06 CVE 101

$3.82 CVE 362

Eggs

$2.36 CVE 223

$1.75 CVE 166

$3.12 CVE 296

Local Cheese (1kg)

$12.78 CVE 1,210

$6.22 CVE 589

$41.42 CVE 3,921

Chicken Fillets (1kg)

$8.54 CVE 808

$4.11 CVE 389

$9.60 CVE 909

Beef Round Steak (1kg)

$19.94 CVE 1,888

$7.80 CVE 739

$24.96 CVE 2,363

Apples (1kg)

$2.73 CVE 258

$2.07 CVE 196

$4.15 CVE 393

Banana (1kg)

$2.32 CVE 220

$2.12 CVE 200

$4.23 CVE 401

Oranges (1kg)

$2.69 CVE 255

$1.32 CVE 125

$7.63 CVE 723

Tomato (1kg)

$3.56 CVE 337

$1.66 CVE 158

$4.16 CVE 394

Potato (1kg)

$1.42 CVE 135

$0.82 CVE 77.4

$1.83 CVE 173

Onion (1kg)

$1.75 CVE 166

$1.29 CVE 122

$2.14 CVE 203

Lettuce (1 head)

$1.40 CVE 132

$1.06 CVE 101

$2.11 CVE 200

Water (1.5 liter bottle)

$1.07 CVE 101

$0.62 CVE 58.5

$1.54 CVE 146

Cigarettes 20 Pack (Marlboro, Camel)

$4.99 CVE 473

$4.73 CVE 448

$5.25 CVE 497

Wine (Bottle)

$8.60 CVE 814

$7.53 CVE 713

$9.68 CVE 916

Local Beer (0.5 liter bottle)

$2.01 CVE 191

$1.53 CVE 145

$3.06 CVE 289

Imported Beer (0.33 liter bottle)

$1.94 CVE 184

$1.17 CVE 111

$2.13 CVE 202

One-way Ticket (Public Transport)

$0.91 CVE 86.5

$0.44 CVE 41.83

$1.03 CVE 97.6

Public Transport Monthly Pass (Regular Price)

$29.92 CVE 2,833

$28.66 CVE 2,713

$31.18 CVE 2,952

Taxi Start (Normal Tariff)

$1.81 CVE 172

$1.56 CVE 147

$2.07 CVE 196

Taxi (Normal Tariff) (1km)

$2.13 CVE 201

$1.42 CVE 135

$2.83 CVE 268

Taxi 1hour Waiting (Normal Tariff)

$10.57 CVE 1,001

$21.14 CVE 2,002

Gasoline (1 liter)

$1.50 CVE 142

$1.36 CVE 129

$1.94 CVE 183

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

$29.3K CVE 2.8M

$27.8K CVE 2.6M

$30.8K CVE 2.9M

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

$40.0K CVE 3.8M

$37.3K CVE 3.5M

$42.7K CVE 4.0M

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

$137 CVE 12.9K

$63.4 CVE 6,000

$211 CVE 20.0K

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

$28.36 CVE 2,685

$12.76 CVE 1,208

$31.91 CVE 3,021

Internet (50+ Mbps, Unlimited Data)

$54.3 CVE 5,137

$52.2 CVE 4,945

$59.5 CVE 5,638

Gym Membership (Monthly)

$34.34 CVE 3,252

$26.02 CVE 2,463

$46.83 CVE 4,434

Tennis Court (1 Hour on Weekend)

$8.62 CVE 816

$5.17 CVE 489

$10.34 CVE 979

Cinema Ticket

$5.89 CVE 557

$5.35 CVE 507

$6.43 CVE 609

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

$167 CVE 15.8K

$107 CVE 10.1K

$213 CVE 20.2K

International Primary School, 1 Child (Yearly)

$2,998 CVE 283.9K

$1,145 CVE 108.5K

$5,303 CVE 502.1K

Jeans (Levis 501 Or Similar)

$58.2 CVE 5,513

$30.99 CVE 2,934

$85.5 CVE 8,091

Summer Dress (H&M, Zara, etc)

$31.44 CVE 2,977

Sport Shoes (Adidas, Nike)

$84.5 CVE 8,004

Men's Leather Business Shoes

$137 CVE 13.0K

$103 CVE 9,723

$185 CVE 17.5K

1-bedroom Apartment, City Center (Monthly)

$448 CVE 42.4K

$314 CVE 29.7K

$627 CVE 59.4K

1-bedroom Apartment, Outside City Center (Monthly)

$245 CVE 23.2K

$185 CVE 17.5K

$396 CVE 37.5K

3-bedroom Apartment, City Center (Monthly)

$554 CVE 52.5K

$330 CVE 31.2K

$1,136 CVE 107.6K

3-bedroom Apartment, Outside City Center (Monthly)

$494 CVE 46.7K

$267 CVE 25.2K

$853 CVE 80.8K

Buy Apartment in City Center (m2)

$1,004 CVE 95.1K

$687 CVE 65.1K

$1,321 CVE 125.1K

Buy Apartment Outside City Center (m2)

$684 CVE 64.8K

$348 CVE 33.0K

$1,021 CVE 96.6K

Average Monthly Net Salary (After Tax)

$281 CVE 26.6K

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: May 31, 2026

Cost Breakdown

The average net salary across Cape Verde is $237 – below average monthly costs of $530. Many locals rely on dual incomes or shared housing. Remote workers earning abroad find strong purchasing power here.

Groceries average around $181 per month nationally. A mid-range dinner for two costs about $28.00.

Cost Highlights

Overall living costs ($530) is 60% below the global median of $1,340.

Average rent ($161) is 74% below the global median of $627.

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		$383	$416	$1,085	$1,501	20.04	47.26
3	Praia	127832	62	$846	$1,218	$1,714	$2,571	158.23	63.51
4	Sal	-	51	$541	$1,014	$1,510	$2,066	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.