Cost of Living in Cape Verde - Updated Prices & Insights

Name: Cape Verde
Address: CV

Monthly Cost of Living

A single person spends around $526 per month with rent on average in Cape Verde.

A couple spends around $876 per month with rent on average in Cape Verde.

A family of three spends around $1,225 per month with rent on average in Cape Verde.

Meal at Budget Restaurant

$5.30 CVE 512

$2.66 CVE 257

$11.67 CVE 1,128

Three-Course Dinner for Two, Mid-Range

$52.8 CVE 5,107

$31.99 CVE 3,092

$163 CVE 15.8K

Fast Food Meal (McDonalds, etc)

$8.56 CVE 828

$4.82 CVE 466

$11.81 CVE 1,141

Cappuccino

$1.86 CVE 180

$0.71 CVE 68.5

$4.37 CVE 422

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

$2.07 CVE 200

$1.08 CVE 104

$3.23 CVE 312

Water (0.33 liter bottle)

$1.17 CVE 113

$1.07 CVE 103

$1.60 CVE 155

Local Beer (0.5 liter draught)

$3.39 CVE 328

$2.37 CVE 229

$5.37 CVE 519

Imported Beer (0.33 liter bottle)

$2.26 CVE 218

$1.93 CVE 187

$3.22 CVE 312

Milk (1 liter)

$1.39 CVE 134

$1.14 CVE 110

$1.51 CVE 146

White Bread (500g)

$1.76 CVE 170

$1.04 CVE 100

$3.11 CVE 300

Rice (white) (1kg)

$1.83 CVE 177

$1.08 CVE 104

$3.87 CVE 374

Eggs

$2.32 CVE 224

$1.72 CVE 166

$3.07 CVE 297

Local Cheese (1kg)

$13.02 CVE 1,259

$6.33 CVE 612

$42.21 CVE 4,079

Chicken Fillets (1kg)

$8.44 CVE 815

$4.06 CVE 393

$9.48 CVE 917

Beef Round Steak (1kg)

$20.43 CVE 1,975

$8.00 CVE 773

$25.58 CVE 2,472

Apples (1kg)

$2.82 CVE 272

$2.14 CVE 207

$4.28 CVE 414

Banana (1kg)

$2.25 CVE 217

$2.05 CVE 198

$4.11 CVE 397

Oranges (1kg)

$2.81 CVE 272

$1.38 CVE 134

$7.97 CVE 771

Tomato (1kg)

$3.50 CVE 338

$1.64 CVE 158

$4.10 CVE 396

Potato (1kg)

$1.42 CVE 137

$0.82 CVE 78.8

$1.83 CVE 176

Onion (1kg)

$1.68 CVE 163

$1.24 CVE 120

$2.06 CVE 199

Lettuce (1 head)

$1.41 CVE 137

$1.08 CVE 104

$2.14 CVE 207

Water (1.5 liter bottle)

$1.06 CVE 103

$0.61 CVE 59.3

$1.53 CVE 148

Cigarettes 20 Pack (Marlboro, Camel)

$5.10 CVE 493

$4.84 CVE 468

$5.37 CVE 519

Wine (Bottle)

$8.33 CVE 805

$6.26 CVE 605

$9.37 CVE 906

Local Beer (0.5 liter bottle)

$2.11 CVE 204

$1.60 CVE 155

$3.21 CVE 310

Imported Beer (0.33 liter bottle)

$1.92 CVE 186

$1.16 CVE 113

$2.12 CVE 205

One-way Ticket (Public Transport)

$0.96 CVE 92.4

$0.46 CVE 44.69

$1.08 CVE 104

Public Transport Monthly Pass (Regular Price)

$29.85 CVE 2,885

$28.59 CVE 2,763

$31.11 CVE 3,006

Taxi Start (Normal Tariff)

$1.86 CVE 179

$1.59 CVE 154

$2.12 CVE 205

Taxi (Normal Tariff) (1km)

$2.20 CVE 213

$1.47 CVE 142

$2.93 CVE 283

Taxi 1hour Waiting (Normal Tariff)

$10.55 CVE 1,020

$21.10 CVE 2,040

Gasoline (1 liter)

$1.51 CVE 146

$1.37 CVE 133

$1.95 CVE 188

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

$29.2K CVE 2.8M

$27.7K CVE 2.7M

$30.8K CVE 3.0M

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

$39.6K CVE 3.8M

$37.0K CVE 3.6M

$42.2K CVE 4.1M

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

$135 CVE 13.0K

$62.6 CVE 6,047

$209 CVE 20.2K

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

$28.33 CVE 2,738

$12.75 CVE 1,232

$31.88 CVE 3,081

Internet (50+ Mbps, Unlimited Data)

$54.9 CVE 5,304

$52.8 CVE 5,105

$60.2 CVE 5,820

Gym Membership (Monthly)

$34.72 CVE 3,356

$26.30 CVE 2,542

$47.34 CVE 4,576

Tennis Court (1 Hour on Weekend)

$8.84 CVE 855

$5.30 CVE 513

$10.61 CVE 1,025

Cinema Ticket

$5.79 CVE 560

$5.27 CVE 509

$6.32 CVE 611

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

$165 CVE 16.0K

$106 CVE 10.2K

$212 CVE 20.5K

International Primary School, 1 Child (Yearly)

$2,924 CVE 282.6K

$1,117 CVE 108.0K

$5,171 CVE 499.8K

Jeans (Levis 501 Or Similar)

$59.7 CVE 5,773

$31.80 CVE 3,073

$87.7 CVE 8,473

Summer Dress (H&M, Zara, etc)

$31.63 CVE 3,057

Sport Shoes (Adidas, Nike)

$83.5 CVE 8,065

Men's Leather Business Shoes

$142 CVE 13.7K

$107 CVE 10.3K

$192 CVE 18.5K

1-bedroom Apartment, City Center (Monthly)

$444 CVE 42.9K

$311 CVE 30.1K

$622 CVE 60.1K

1-bedroom Apartment, Outside City Center (Monthly)

$249 CVE 24.1K

$188 CVE 18.1K

$403 CVE 38.9K

3-bedroom Apartment, City Center (Monthly)

$557 CVE 53.8K

$331 CVE 32.0K

$1,140 CVE 110.2K

3-bedroom Apartment, Outside City Center (Monthly)

$485 CVE 46.9K

$262 CVE 25.3K

$838 CVE 81.0K

Buy Apartment in City Center (m2)

$1,128 CVE 109.0K

$666 CVE 64.4K

$1,435 CVE 138.7K

Buy Apartment Outside City Center (m2)

$781 CVE 75.5K

$337 CVE 32.6K

$1,018 CVE 98.4K

Average Monthly Net Salary (After Tax)

$336 CVE 32.5K

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 21, 2026

Cost Breakdown

The average net salary in Cape Verde is $281 – below average monthly costs of $526. 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 ($526) is 61% below the global median of $1,336.

Average rent ($161) is 75% below the global median of $632.

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		$427	$428	$1,084	$1,508	20.04	47.26
3	Praia	127832	62	$789	$1,210	$1,861	$2,567	158.23	63.51
4	Sal	-	51	$714	$995	$1,607	$2,051	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.