Cost of Living in Cape Verde - Updated Prices & Insights

Name: Cape Verde
Address: CV

Monthly Cost of Living

A single person spends around $531 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 $1,227 per month with rent on average in Cape Verde.

Meal at Budget Restaurant

$5.24 CVE 504

$2.63 CVE 252

$11.54 CVE 1,109

Three-Course Dinner for Two, Mid-Range

$50.9 CVE 4,886

$30.78 CVE 2,958

$157 CVE 15.1K

Fast Food Meal (McDonalds, etc)

$8.43 CVE 811

$4.75 CVE 456

$11.63 CVE 1,118

Cappuccino

$1.97 CVE 189

$0.75 CVE 71.9

$4.61 CVE 443

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

$1.95 CVE 188

$1.02 CVE 98.0

$3.05 CVE 293

Water (0.33 liter bottle)

$1.12 CVE 108

$1.03 CVE 98.6

$1.53 CVE 147

Local Beer (0.5 liter draught)

$3.36 CVE 323

$2.35 CVE 226

$5.32 CVE 511

Imported Beer (0.33 liter bottle)

$2.25 CVE 216

$1.92 CVE 185

$3.21 CVE 309

Milk (1 liter)

$1.36 CVE 131

$1.12 CVE 107

$1.47 CVE 142

White Bread (500g)

$1.82 CVE 174

$1.07 CVE 103

$3.20 CVE 308

Rice (white) (1kg)

$1.74 CVE 167

$1.02 CVE 98.5

$3.68 CVE 353

Eggs

$2.40 CVE 231

$1.79 CVE 172

$3.18 CVE 306

Local Cheese (1kg)

$12.85 CVE 1,235

$6.25 CVE 601

$41.66 CVE 4,003

Chicken Fillets (1kg)

$8.39 CVE 806

$4.04 CVE 388

$9.43 CVE 906

Beef Round Steak (1kg)

$19.95 CVE 1,917

$7.81 CVE 750

$24.97 CVE 2,399

Apples (1kg)

$2.83 CVE 272

$2.15 CVE 207

$4.30 CVE 414

Banana (1kg)

$2.26 CVE 217

$2.06 CVE 198

$4.12 CVE 396

Oranges (1kg)

$2.82 CVE 271

$1.38 CVE 133

$7.98 CVE 767

Tomato (1kg)

$3.52 CVE 339

$1.65 CVE 158

$4.13 CVE 397

Potato (1kg)

$1.44 CVE 138

$0.83 CVE 79.6

$1.85 CVE 178

Onion (1kg)

$1.68 CVE 162

$1.24 CVE 119

$2.06 CVE 198

Lettuce (1 head)

$1.35 CVE 130

$1.03 CVE 98.8

$2.05 CVE 197

Water (1.5 liter bottle)

$1.07 CVE 103

$0.62 CVE 59.5

$1.54 CVE 148

Cigarettes 20 Pack (Marlboro, Camel)

$4.94 CVE 475

$4.68 CVE 450

$5.20 CVE 500

Wine (Bottle)

$8.46 CVE 813

$7.40 CVE 711

$9.52 CVE 915

Local Beer (0.5 liter bottle)

$2.11 CVE 203

$1.60 CVE 154

$3.21 CVE 308

Imported Beer (0.33 liter bottle)

$1.88 CVE 181

$1.14 CVE 109

$2.07 CVE 199

One-way Ticket (Public Transport)

$0.95 CVE 91.7

$0.46 CVE 44.35

$1.08 CVE 103

Public Transport Monthly Pass (Regular Price)

$29.93 CVE 2,876

$28.66 CVE 2,755

$31.19 CVE 2,997

Taxi Start (Normal Tariff)

$1.79 CVE 172

$1.53 CVE 147

$2.04 CVE 196

Taxi (Normal Tariff) (1km)

$2.19 CVE 210

$1.46 CVE 141

$2.92 CVE 280

Taxi 1hour Waiting (Normal Tariff)

$10.31 CVE 990

$20.61 CVE 1,981

Gasoline (1 liter)

$1.52 CVE 146

$1.38 CVE 133

$1.96 CVE 189

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

$29.6K CVE 2.8M

$28.0K CVE 2.7M

$31.2K CVE 3.0M

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

$39.8K CVE 3.8M

$37.2K CVE 3.6M

$42.5K CVE 4.1M

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

$137 CVE 13.2K

$63.5 CVE 6,105

$212 CVE 20.4K

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

$27.60 CVE 2,653

$12.42 CVE 1,194

$31.06 CVE 2,985

Internet (50+ Mbps, Unlimited Data)

$54.5 CVE 5,236

$52.4 CVE 5,039

$59.8 CVE 5,745

Gym Membership (Monthly)

$34.10 CVE 3,277

$25.83 CVE 2,482

$46.49 CVE 4,468

Tennis Court (1 Hour on Weekend)

$8.79 CVE 845

$5.27 CVE 507

$10.54 CVE 1,013

Cinema Ticket

$5.60 CVE 539

$5.10 CVE 490

$6.12 CVE 588

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

$164 CVE 15.8K

$105 CVE 10.1K

$210 CVE 20.2K

International Primary School, 1 Child (Yearly)

$2,981 CVE 286.5K

$1,139 CVE 109.5K

$5,274 CVE 506.8K

Jeans (Levis 501 Or Similar)

$59.9 CVE 5,760

$31.91 CVE 3,066

$88.0 CVE 8,454

Summer Dress (H&M, Zara, etc)

$31.99 CVE 3,074

Sport Shoes (Adidas, Nike)

$83.4 CVE 8,019

Men's Leather Business Shoes

$139 CVE 13.3K

$104 CVE 10.0K

$187 CVE 18.0K

1-bedroom Apartment, City Center (Monthly)

$455 CVE 43.7K

$318 CVE 30.6K

$636 CVE 61.1K

1-bedroom Apartment, Outside City Center (Monthly)

$247 CVE 23.7K

$186 CVE 17.9K

$399 CVE 38.4K

3-bedroom Apartment, City Center (Monthly)

$553 CVE 53.1K

$329 CVE 31.6K

$1,133 CVE 108.8K

3-bedroom Apartment, Outside City Center (Monthly)

$479 CVE 46.1K

$259 CVE 24.9K

$828 CVE 79.6K

Buy Apartment in City Center (m2)

$974 CVE 93.6K

$666 CVE 64.0K

$1,281 CVE 123.1K

Buy Apartment Outside City Center (m2)

$691 CVE 66.4K

$352 CVE 33.8K

$1,029 CVE 98.9K

Average Monthly Net Salary (After Tax)

$276 CVE 26.5K

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: June 16, 2026

Cost Breakdown

The average net salary in Cape Verde is $235 – below average monthly costs of $531. 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 ($531) is 60% below the global median of $1,333.

Average rent ($163) is 74% below the global median of $624.

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		$411	$416	$1,212	$1,492	20.04	47.26
3	Praia	127832	62	$860	$1,223	$1,827	$2,595	158.23	63.51
4	Sal	-	51	$663	$1,018	$1,525	$2,050	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.