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 508

$2.63 CVE 254

$11.54 CVE 1,118

Three-Course Dinner for Two, Mid-Range

$50.9 CVE 4,924

$30.78 CVE 2,981

$157 CVE 15.2K

Fast Food Meal (McDonalds, etc)

$8.43 CVE 817

$4.75 CVE 460

$11.63 CVE 1,126

Cappuccino

$1.97 CVE 190

$0.75 CVE 72.4

$4.61 CVE 446

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

$1.95 CVE 189

$1.02 CVE 98.7

$3.05 CVE 295

Water (0.33 liter bottle)

$1.12 CVE 109

$1.03 CVE 99.4

$1.53 CVE 149

Local Beer (0.5 liter draught)

$3.36 CVE 325

$2.35 CVE 228

$5.32 CVE 515

Imported Beer (0.33 liter bottle)

$2.25 CVE 218

$1.92 CVE 186

$3.21 CVE 311

Milk (1 liter)

$1.36 CVE 132

$1.12 CVE 108

$1.47 CVE 143

White Bread (500g)

$1.82 CVE 176

$1.07 CVE 104

$3.20 CVE 310

Rice (white) (1kg)

$1.74 CVE 168

$1.02 CVE 99.2

$3.68 CVE 356

Eggs

$2.40 CVE 233

$1.79 CVE 173

$3.18 CVE 308

Local Cheese (1kg)

$12.85 CVE 1,245

$6.25 CVE 606

$41.66 CVE 4,034

Chicken Fillets (1kg)

$8.39 CVE 813

$4.04 CVE 391

$9.43 CVE 913

Beef Round Steak (1kg)

$19.95 CVE 1,932

$7.81 CVE 756

$24.97 CVE 2,418

Apples (1kg)

$2.83 CVE 274

$2.15 CVE 208

$4.30 CVE 417

Banana (1kg)

$2.26 CVE 219

$2.06 CVE 200

$4.12 CVE 400

Oranges (1kg)

$2.82 CVE 273

$1.38 CVE 134

$7.98 CVE 773

Tomato (1kg)

$3.52 CVE 341

$1.65 CVE 160

$4.13 CVE 400

Potato (1kg)

$1.44 CVE 139

$0.83 CVE 80.2

$1.85 CVE 180

Onion (1kg)

$1.68 CVE 163

$1.24 CVE 120

$2.06 CVE 199

Lettuce (1 head)

$1.35 CVE 131

$1.03 CVE 99.6

$2.05 CVE 198

Water (1.5 liter bottle)

$1.07 CVE 104

$0.62 CVE 60.0

$1.54 CVE 149

Cigarettes 20 Pack (Marlboro, Camel)

$4.94 CVE 478

$4.68 CVE 453

$5.20 CVE 503

Wine (Bottle)

$8.46 CVE 819

$7.40 CVE 717

$9.52 CVE 922

Local Beer (0.5 liter bottle)

$2.11 CVE 205

$1.60 CVE 155

$3.21 CVE 311

Imported Beer (0.33 liter bottle)

$1.88 CVE 182

$1.14 CVE 110

$2.07 CVE 200

One-way Ticket (Public Transport)

$0.95 CVE 92.4

$0.46 CVE 44.70

$1.08 CVE 104

Public Transport Monthly Pass (Regular Price)

$29.93 CVE 2,898

$28.66 CVE 2,776

$31.19 CVE 3,021

Taxi Start (Normal Tariff)

$1.79 CVE 173

$1.53 CVE 148

$2.04 CVE 198

Taxi (Normal Tariff) (1km)

$2.19 CVE 212

$1.46 CVE 142

$2.92 CVE 282

Taxi 1hour Waiting (Normal Tariff)

$10.31 CVE 998

$20.61 CVE 1,996

Gasoline (1 liter)

$1.52 CVE 147

$1.38 CVE 134

$1.96 CVE 190

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

$29.6K CVE 2.9M

$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 3.9M

$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 13.3K

$63.5 CVE 6,153

$212 CVE 20.5K

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

$27.60 CVE 2,673

$12.42 CVE 1,203

$31.06 CVE 3,008

Internet (50+ Mbps, Unlimited Data)

$54.5 CVE 5,276

$52.4 CVE 5,078

$59.8 CVE 5,790

Gym Membership (Monthly)

$34.10 CVE 3,302

$25.83 CVE 2,502

$46.49 CVE 4,503

Tennis Court (1 Hour on Weekend)

$8.79 CVE 851

$5.27 CVE 511

$10.54 CVE 1,021

Cinema Ticket

$5.60 CVE 543

$5.10 CVE 494

$6.12 CVE 593

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

$164 CVE 15.9K

$105 CVE 10.2K

$210 CVE 20.3K

International Primary School, 1 Child (Yearly)

$2,981 CVE 288.8K

$1,139 CVE 110.3K

$5,274 CVE 510.8K

Jeans (Levis 501 Or Similar)

$59.9 CVE 5,805

$31.91 CVE 3,090

$88.0 CVE 8,520

Summer Dress (H&M, Zara, etc)

$31.99 CVE 3,098

Sport Shoes (Adidas, Nike)

$83.4 CVE 8,082

Men's Leather Business Shoes

$139 CVE 13.4K

$104 CVE 10.1K

$187 CVE 18.1K

1-bedroom Apartment, City Center (Monthly)

$455 CVE 44.0K

$318 CVE 30.8K

$636 CVE 61.6K

1-bedroom Apartment, Outside City Center (Monthly)

$247 CVE 23.9K

$186 CVE 18.0K

$399 CVE 38.7K

3-bedroom Apartment, City Center (Monthly)

$553 CVE 53.5K

$329 CVE 31.9K

$1,133 CVE 109.7K

3-bedroom Apartment, Outside City Center (Monthly)

$479 CVE 46.4K

$259 CVE 25.1K

$828 CVE 80.2K

Buy Apartment in City Center (m2)

$974 CVE 94.3K

$666 CVE 64.5K

$1,281 CVE 124.1K

Buy Apartment Outside City Center (m2)

$691 CVE 66.9K

$352 CVE 34.1K

$1,029 CVE 99.7K

Average Monthly Net Salary (After Tax)

$276 CVE 26.7K

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.