Cost of Living in Cape Verde - Updated Prices & Insights

Name: Cape Verde
Address: CV

Monthly Cost of Living

A single person spends around $501 per month with rent on average in Cape Verde.

A couple spends around $824 per month with rent on average in Cape Verde.

A family of three spends around $1,147 per month with rent on average in Cape Verde.

Meal at Budget Restaurant

$5.91 CVE 561

$3.76 CVE 357

$11.81 CVE 1,122

Three-Course Dinner for Two, Mid-Range

$55.0 CVE 5,222

$31.42 CVE 2,984

$159 CVE 15.1K

Fast Food Meal (McDonalds, etc)

$8.29 CVE 788

$5.18 CVE 492

$11.42 CVE 1,084

Cappuccino

$2.52 CVE 239

$0.86 CVE 81.4

$4.59 CVE 436

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

$2.17 CVE 206

$1.60 CVE 152

$3.20 CVE 304

Water (0.33 liter bottle)

$1.23 CVE 117

$1.07 CVE 102

$1.61 CVE 153

Local Beer (0.5 liter draught)

$3.18 CVE 302

$2.16 CVE 205

$5.39 CVE 512

Imported Beer (0.33 liter bottle)

$2.09 CVE 198

$1.63 CVE 154

$2.72 CVE 258

Milk (1 liter)

$1.53 CVE 145

$1.40 CVE 133

$1.73 CVE 164

White Bread (500g)

$1.77 CVE 168

$1.04 CVE 98.7

$3.13 CVE 297

Rice (white) (1kg)

$2.00 CVE 190

$0.86 CVE 81.8

$5.40 CVE 513

Eggs

$2.43 CVE 230

$1.73 CVE 164

$3.09 CVE 294

Local Cheese (1kg)

$13.87 CVE 1,317

$6.32 CVE 600

$42.11 CVE 3,999

Chicken Fillets (1kg)

$8.53 CVE 810

$4.61 CVE 438

$10.24 CVE 972

Beef Round Steak (1kg)

$19.39 CVE 1,841

$8.02 CVE 762

$25.66 CVE 2,437

Apples (1kg)

$3.21 CVE 304

$2.13 CVE 202

$4.79 CVE 455

Banana (1kg)

$2.64 CVE 251

$2.07 CVE 197

$4.14 CVE 393

Oranges (1kg)

$3.10 CVE 294

$1.40 CVE 133

$8.07 CVE 766

Tomato (1kg)

$4.06 CVE 385

$1.07 CVE 102

$10.79 CVE 1,024

Potato (1kg)

$1.54 CVE 146

$0.82 CVE 77.6

$1.85 CVE 175

Onion (1kg)

$1.79 CVE 170

$1.24 CVE 118

$2.06 CVE 196

Lettuce (1 head)

$1.34 CVE 127

$0.54 CVE 51.5

$2.16 CVE 205

Water (1.5 liter bottle)

$1.24 CVE 118

$0.70 CVE 66.5

$1.54 CVE 146

Cigarettes 20 Pack (Marlboro, Camel)

$5.31 CVE 505

$4.79 CVE 455

$7.13 CVE 677

Wine (Bottle)

$8.30 CVE 789

$6.23 CVE 591

$9.34 CVE 887

Local Beer (0.5 liter bottle)

$2.04 CVE 194

$1.53 CVE 146

$2.56 CVE 243

Imported Beer (0.33 liter bottle)

$1.97 CVE 187

$1.63 CVE 154

$2.17 CVE 206

One-way Ticket (Public Transport)

$0.69 CVE 65.8

$0.47 CVE 44.19

$1.63 CVE 155

Public Transport Monthly Pass (Regular Price)

$32.27 CVE 3,065

$29.64 CVE 2,815

$32.27 CVE 3,065

Taxi Start (Normal Tariff)

$2.17 CVE 206

$1.63 CVE 154

$2.72 CVE 258

Taxi (Normal Tariff) (1km)

$2.67 CVE 254

$1.60 CVE 152

$3.20 CVE 304

Taxi 1hour Waiting (Normal Tariff)

$15.92 CVE 1,512

$10.62 CVE 1,008

$21.22 CVE 2,015

Gasoline (1 liter)

$1.55 CVE 147

$1.33 CVE 126

$1.78 CVE 169

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

$30.1K CVE 2.9M

$28.6K CVE 2.7M

$31.7K CVE 3.0M

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

$39.5K CVE 3.8M

$36.9K CVE 3.5M

$42.1K CVE 4.0M

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

$151 CVE 14.4K

$63.1 CVE 5,992

$210 CVE 20.0K

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

$17.24 CVE 1,637

$6.31 CVE 599

$31.54 CVE 2,995

Internet (50+ Mbps, Unlimited Data)

$56.0 CVE 5,315

$53.7 CVE 5,101

$67.1 CVE 6,376

Gym Membership (Monthly)

$30.67 CVE 2,912

$26.29 CVE 2,497

$31.55 CVE 2,996

Tennis Court (1 Hour on Weekend)

$8.10 CVE 770

$3.17 CVE 301

$10.57 CVE 1,004

Cinema Ticket

$5.90 CVE 560

$5.36 CVE 509

$6.44 CVE 611

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

$148 CVE 14.0K

$104 CVE 9,892

$208 CVE 19.8K

International Primary School, 1 Child (Yearly)

$3,232 CVE 306.9K

$1,148 CVE 109.0K

$5,316 CVE 504.8K

Jeans (Levis 501 Or Similar)

$53.0 CVE 5,033

$31.24 CVE 2,967

$86.1 CVE 8,175

Summer Dress (H&M, Zara, etc)

$26.06 CVE 2,475

$20.85 CVE 1,979

$31.27 CVE 2,970

Sport Shoes (Adidas, Nike)

$69.9 CVE 6,638

$53.8 CVE 5,106

$86.0 CVE 8,170

Men's Leather Business Shoes

$141 CVE 13.4K

$63.4 CVE 6,016

$190 CVE 18.0K

1-bedroom Apartment, City Center (Monthly)

$444 CVE 42.1K

$323 CVE 30.6K

$860 CVE 81.7K

1-bedroom Apartment, Outside City Center (Monthly)

$257 CVE 24.4K

$188 CVE 17.9K

$366 CVE 34.7K

3-bedroom Apartment, City Center (Monthly)

$607 CVE 57.6K

$375 CVE 35.6K

$1,159 CVE 110.1K

3-bedroom Apartment, Outside City Center (Monthly)

$347 CVE 33.0K

$267 CVE 25.4K

$855 CVE 81.1K

Buy Apartment in City Center (m2)

$1,162 CVE 110.3K

$687 CVE 65.2K

$1,479 CVE 140.4K

Buy Apartment Outside City Center (m2)

$794 CVE 75.4K

$342 CVE 32.5K

$1,036 CVE 98.4K

Average Monthly Net Salary (After Tax)

$343 CVE 32.5K

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: September 8, 2026

Cost Breakdown

The average net salary in Cape Verde is $289 – below average monthly costs of $501. 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 ($501) is 64% below the global median of $1,379.

Average rent ($171) is 74% below the global median of $664.

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		$397	$409	$1,250	$1,464	20.04	47.26
3	Praia	127832	57	$841	$1,222	$1,621	$2,432	158.23	63.51
4	Sal	-	41	$637	$876	$1,593	$1,840	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.