Cost of Living in Cape Verde - Updated Prices & Insights

Name: Cape Verde
Address: CV

Monthly Cost of Living

A single person spends around $509 per month with rent on average in Cape Verde.

A couple spends around $839 per month with rent on average in Cape Verde.

A family of three spends around $1,169 per month with rent on average in Cape Verde.

Meal at Budget Restaurant

$5.67 CVE 539

$3.60 CVE 343

$11.32 CVE 1,077

Three-Course Dinner for Two, Mid-Range

$54.9 CVE 5,224

$31.39 CVE 2,985

$159 CVE 15.1K

Fast Food Meal (McDonalds, etc)

$8.34 CVE 793

$5.21 CVE 495

$11.50 CVE 1,094

Cappuccino

$2.49 CVE 237

$0.85 CVE 80.7

$4.54 CVE 432

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

$2.11 CVE 201

$1.56 CVE 148

$3.11 CVE 296

Water (0.33 liter bottle)

$1.19 CVE 113

$1.03 CVE 98.2

$1.55 CVE 148

Local Beer (0.5 liter draught)

$3.07 CVE 292

$2.08 CVE 198

$5.20 CVE 495

Imported Beer (0.33 liter bottle)

$1.99 CVE 189

$1.55 CVE 147

$2.57 CVE 245

Milk (1 liter)

$1.53 CVE 145

$1.40 CVE 134

$1.72 CVE 164

White Bread (500g)

$1.77 CVE 168

$1.04 CVE 98.6

$3.12 CVE 297

Rice (white) (1kg)

$1.90 CVE 180

$0.82 CVE 77.7

$5.12 CVE 486

Eggs

$2.44 CVE 232

$1.75 CVE 166

$3.12 CVE 296

Local Cheese (1kg)

$14.03 CVE 1,335

$6.39 CVE 608

$42.61 CVE 4,052

Chicken Fillets (1kg)

$8.69 CVE 827

$4.69 CVE 446

$10.43 CVE 992

Beef Round Steak (1kg)

$19.34 CVE 1,840

$8.00 CVE 761

$25.60 CVE 2,434

Apples (1kg)

$3.22 CVE 307

$2.14 CVE 203

$4.81 CVE 458

Banana (1kg)

$2.66 CVE 253

$2.08 CVE 198

$4.17 CVE 397

Oranges (1kg)

$3.00 CVE 285

$1.36 CVE 129

$7.82 CVE 743

Tomato (1kg)

$4.01 CVE 381

$1.06 CVE 101

$10.65 CVE 1,013

Potato (1kg)

$1.61 CVE 153

$0.86 CVE 81.4

$1.93 CVE 183

Onion (1kg)

$1.77 CVE 169

$1.23 CVE 117

$2.05 CVE 195

Lettuce (1 head)

$1.26 CVE 120

$0.52 CVE 48.99

$2.04 CVE 194

Water (1.5 liter bottle)

$1.29 CVE 123

$0.73 CVE 69.1

$1.60 CVE 152

Cigarettes 20 Pack (Marlboro, Camel)

$5.23 CVE 497

$4.70 CVE 447

$7.00 CVE 666

Wine (Bottle)

$8.29 CVE 788

$6.21 CVE 590

$9.32 CVE 886

Local Beer (0.5 liter bottle)

$2.06 CVE 196

$1.55 CVE 148

$2.58 CVE 246

Imported Beer (0.33 liter bottle)

$1.88 CVE 179

$1.55 CVE 148

$2.06 CVE 196

One-way Ticket (Public Transport)

$0.68 CVE 64.9

$0.46 CVE 43.55

$1.61 CVE 153

Public Transport Monthly Pass (Regular Price)

$31.33 CVE 2,980

$28.83 CVE 2,742

$31.33 CVE 2,980

Taxi Start (Normal Tariff)

$2.16 CVE 205

$1.62 CVE 154

$2.70 CVE 257

Taxi (Normal Tariff) (1km)

$2.66 CVE 253

$1.60 CVE 152

$3.20 CVE 304

Taxi 1hour Waiting (Normal Tariff)

$15.96 CVE 1,518

$10.64 CVE 1,012

$21.28 CVE 2,024

Gasoline (1 liter)

$1.57 CVE 149

$1.35 CVE 128

$1.80 CVE 171

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

$29.4K CVE 2.8M

$27.9K CVE 2.7M

$31.0K CVE 2.9M

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

$39.0K CVE 3.7M

$36.4K CVE 3.5M

$41.6K CVE 4.0M

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

$150 CVE 14.3K

$62.6 CVE 5,950

$209 CVE 19.8K

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

$17.31 CVE 1,646

$6.33 CVE 602

$31.67 CVE 3,012

Internet (50+ Mbps, Unlimited Data)

$55.4 CVE 5,267

$53.1 CVE 5,053

$66.4 CVE 6,317

Gym Membership (Monthly)

$30.15 CVE 2,867

$25.84 CVE 2,457

$31.00 CVE 2,948

Tennis Court (1 Hour on Weekend)

$7.87 CVE 748

$3.08 CVE 293

$10.25 CVE 975

Cinema Ticket

$5.67 CVE 539

$5.15 CVE 490

$6.18 CVE 587

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

$149 CVE 14.1K

$105 CVE 9,974

$210 CVE 19.9K

International Primary School, 1 Child (Yearly)

$3,189 CVE 303.2K

$1,133 CVE 107.7K

$5,245 CVE 498.8K

Jeans (Levis 501 Or Similar)

$54.5 CVE 5,186

$32.12 CVE 3,054

$88.6 CVE 8,430

Summer Dress (H&M, Zara, etc)

$26.27 CVE 2,498

$21.01 CVE 1,998

$31.52 CVE 2,997

Sport Shoes (Adidas, Nike)

$67.9 CVE 6,455

$52.2 CVE 4,965

$83.6 CVE 7,945

Men's Leather Business Shoes

$140 CVE 13.3K

$62.8 CVE 5,976

$189 CVE 17.9K

1-bedroom Apartment, City Center (Monthly)

$434 CVE 41.3K

$316 CVE 30.0K

$842 CVE 80.1K

1-bedroom Apartment, Outside City Center (Monthly)

$260 CVE 24.7K

$190 CVE 18.1K

$370 CVE 35.2K

3-bedroom Apartment, City Center (Monthly)

$598 CVE 56.9K

$368 CVE 35.0K

$1,143 CVE 108.7K

3-bedroom Apartment, Outside City Center (Monthly)

$338 CVE 32.1K

$260 CVE 24.7K

$832 CVE 79.1K

Buy Apartment in City Center (m2)

$1,150 CVE 109.3K

$679 CVE 64.6K

$1,463 CVE 139.2K

Buy Apartment Outside City Center (m2)

$819 CVE 77.9K

$354 CVE 33.6K

$1,068 CVE 101.6K

Average Monthly Net Salary (After Tax)

$336 CVE 32.0K

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: August 30, 2026

Cost Breakdown

The average net salary in Cape Verde is $292 – below average monthly costs of $509. Many locals rely on dual incomes or shared housing. Remote workers earning abroad find strong purchasing power here.

Groceries average around $182 per month nationally. A mid-range dinner for two costs about $28.00.

Cost Highlights

Overall living costs ($509) is 63% below the global median of $1,374.

Average rent ($171) is 74% below the global median of $661.

Dining out ($28.00) is 43% below the global median of $49.00.

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

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		$377	$405	$1,059	$1,466	20.04	47.26
3	Praia	127832	58	$675	$1,255	$1,622	$2,517	158.23	63.51
4	Sal	-	41	$592	$888	$1,380	$1,860	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.