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 564

$3.76 CVE 359

$11.81 CVE 1,128

Three-Course Dinner for Two, Mid-Range

$55.0 CVE 5,251

$31.42 CVE 3,001

$159 CVE 15.2K

Fast Food Meal (McDonalds, etc)

$8.29 CVE 792

$5.18 CVE 495

$11.42 CVE 1,091

Cappuccino

$2.52 CVE 241

$0.86 CVE 81.8

$4.59 CVE 438

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

$2.17 CVE 207

$1.60 CVE 153

$3.20 CVE 306

Water (0.33 liter bottle)

$1.23 CVE 118

$1.07 CVE 102

$1.61 CVE 154

Local Beer (0.5 liter draught)

$3.18 CVE 304

$2.16 CVE 206

$5.39 CVE 515

Imported Beer (0.33 liter bottle)

$2.09 CVE 200

$1.63 CVE 155

$2.72 CVE 260

Milk (1 liter)

$1.53 CVE 146

$1.40 CVE 134

$1.73 CVE 165

White Bread (500g)

$1.77 CVE 169

$1.04 CVE 99.2

$3.13 CVE 299

Rice (white) (1kg)

$2.00 CVE 191

$0.86 CVE 82.3

$5.40 CVE 516

Eggs

$2.43 CVE 232

$1.73 CVE 165

$3.09 CVE 295

Local Cheese (1kg)

$13.87 CVE 1,324

$6.32 CVE 603

$42.11 CVE 4,021

Chicken Fillets (1kg)

$8.53 CVE 815

$4.61 CVE 440

$10.24 CVE 978

Beef Round Steak (1kg)

$19.39 CVE 1,851

$8.02 CVE 766

$25.66 CVE 2,451

Apples (1kg)

$3.21 CVE 306

$2.13 CVE 203

$4.79 CVE 457

Banana (1kg)

$2.64 CVE 252

$2.07 CVE 198

$4.14 CVE 396

Oranges (1kg)

$3.10 CVE 296

$1.40 CVE 133

$8.07 CVE 770

Tomato (1kg)

$4.06 CVE 388

$1.07 CVE 103

$10.79 CVE 1,030

Potato (1kg)

$1.54 CVE 147

$0.82 CVE 78.0

$1.85 CVE 176

Onion (1kg)

$1.79 CVE 171

$1.24 CVE 119

$2.06 CVE 197

Lettuce (1 head)

$1.34 CVE 128

$0.54 CVE 51.8

$2.16 CVE 206

Water (1.5 liter bottle)

$1.24 CVE 119

$0.70 CVE 66.9

$1.54 CVE 147

Cigarettes 20 Pack (Marlboro, Camel)

$5.31 CVE 508

$4.79 CVE 457

$7.13 CVE 681

Wine (Bottle)

$8.30 CVE 793

$6.23 CVE 595

$9.34 CVE 892

Local Beer (0.5 liter bottle)

$2.04 CVE 195

$1.53 CVE 146

$2.56 CVE 245

Imported Beer (0.33 liter bottle)

$1.97 CVE 188

$1.63 CVE 155

$2.17 CVE 207

One-way Ticket (Public Transport)

$0.69 CVE 66.2

$0.47 CVE 44.44

$1.63 CVE 156

Public Transport Monthly Pass (Regular Price)

$32.27 CVE 3,082

$29.64 CVE 2,831

$32.27 CVE 3,082

Taxi Start (Normal Tariff)

$2.17 CVE 207

$1.63 CVE 155

$2.72 CVE 259

Taxi (Normal Tariff) (1km)

$2.67 CVE 255

$1.60 CVE 153

$3.20 CVE 305

Taxi 1hour Waiting (Normal Tariff)

$15.92 CVE 1,520

$10.62 CVE 1,014

$21.22 CVE 2,027

Gasoline (1 liter)

$1.55 CVE 148

$1.33 CVE 127

$1.78 CVE 170

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 14.5K

$63.1 CVE 6,026

$210 CVE 20.1K

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

$17.24 CVE 1,647

$6.31 CVE 603

$31.54 CVE 3,012

Internet (50+ Mbps, Unlimited Data)

$56.0 CVE 5,345

$53.7 CVE 5,130

$67.1 CVE 6,412

Gym Membership (Monthly)

$30.67 CVE 2,929

$26.29 CVE 2,511

$31.55 CVE 3,013

Tennis Court (1 Hour on Weekend)

$8.10 CVE 774

$3.17 CVE 302

$10.57 CVE 1,009

Cinema Ticket

$5.90 CVE 563

$5.36 CVE 512

$6.44 CVE 615

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

$148 CVE 14.1K

$104 CVE 9,948

$208 CVE 19.9K

International Primary School, 1 Child (Yearly)

$3,232 CVE 308.7K

$1,148 CVE 109.7K

$5,316 CVE 507.7K

Jeans (Levis 501 Or Similar)

$53.0 CVE 5,061

$31.24 CVE 2,984

$86.1 CVE 8,222

Summer Dress (H&M, Zara, etc)

$26.06 CVE 2,489

$20.85 CVE 1,991

$31.27 CVE 2,987

Sport Shoes (Adidas, Nike)

$69.9 CVE 6,676

$53.8 CVE 5,135

$86.0 CVE 8,217

Men's Leather Business Shoes

$141 CVE 13.4K

$63.4 CVE 6,050

$190 CVE 18.2K

1-bedroom Apartment, City Center (Monthly)

$444 CVE 42.4K

$323 CVE 30.8K

$860 CVE 82.2K

1-bedroom Apartment, Outside City Center (Monthly)

$257 CVE 24.5K

$188 CVE 18.0K

$366 CVE 34.9K

3-bedroom Apartment, City Center (Monthly)

$607 CVE 58.0K

$375 CVE 35.8K

$1,159 CVE 110.7K

3-bedroom Apartment, Outside City Center (Monthly)

$347 CVE 33.2K

$267 CVE 25.5K

$855 CVE 81.6K

Buy Apartment in City Center (m2)

$1,162 CVE 111.0K

$687 CVE 65.6K

$1,479 CVE 141.2K

Buy Apartment Outside City Center (m2)

$794 CVE 75.9K

$342 CVE 32.7K

$1,036 CVE 98.9K

Average Monthly Net Salary (After Tax)

$343 CVE 32.7K

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.