Cost of Living in Cape Verde - Updated Prices & Insights

Name: Cape Verde
Address: CV

Monthly Cost of Living

A single person spends around $528 per month with rent on average in Cape Verde.

A couple spends around $877 per month with rent on average in Cape Verde.

A family of three spends around $1,226 per month with rent on average in Cape Verde.

Meal at Budget Restaurant

$5.16 CVE 500

$2.59 CVE 251

$11.36 CVE 1,100

Three-Course Dinner for Two, Mid-Range

$51.7 CVE 5,009

$31.31 CVE 3,032

$160 CVE 15.5K

Fast Food Meal (McDonalds, etc)

$8.47 CVE 821

$4.77 CVE 462

$11.68 CVE 1,131

Cappuccino

$1.96 CVE 190

$0.75 CVE 72.3

$4.60 CVE 445

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

$2.03 CVE 196

$1.06 CVE 103

$3.17 CVE 307

Water (0.33 liter bottle)

$1.13 CVE 109

$1.03 CVE 99.9

$1.54 CVE 149

Local Beer (0.5 liter draught)

$3.35 CVE 324

$2.34 CVE 227

$5.31 CVE 514

Imported Beer (0.33 liter bottle)

$2.18 CVE 211

$1.86 CVE 180

$3.11 CVE 301

Milk (1 liter)

$1.38 CVE 134

$1.13 CVE 110

$1.50 CVE 145

White Bread (500g)

$1.80 CVE 175

$1.06 CVE 103

$3.18 CVE 308

Rice (white) (1kg)

$1.76 CVE 171

$1.04 CVE 101

$3.73 CVE 361

Eggs

$2.34 CVE 226

$1.74 CVE 168

$3.10 CVE 300

Local Cheese (1kg)

$12.87 CVE 1,247

$6.26 CVE 606

$41.72 CVE 4,040

Chicken Fillets (1kg)

$8.12 CVE 786

$3.91 CVE 379

$9.13 CVE 884

Beef Round Steak (1kg)

$19.74 CVE 1,912

$7.72 CVE 748

$24.71 CVE 2,393

Apples (1kg)

$2.72 CVE 264

$2.07 CVE 200

$4.14 CVE 401

Banana (1kg)

$2.22 CVE 215

$2.03 CVE 196

$4.06 CVE 393

Oranges (1kg)

$2.74 CVE 266

$1.35 CVE 130

$7.77 CVE 753

Tomato (1kg)

$3.51 CVE 340

$1.64 CVE 159

$4.11 CVE 398

Potato (1kg)

$1.50 CVE 145

$0.86 CVE 83.7

$1.93 CVE 187

Onion (1kg)

$1.68 CVE 163

$1.24 CVE 120

$2.05 CVE 199

Lettuce (1 head)

$1.35 CVE 131

$1.03 CVE 99.8

$2.05 CVE 199

Water (1.5 liter bottle)

$1.07 CVE 103

$0.62 CVE 59.8

$1.54 CVE 149

Cigarettes 20 Pack (Marlboro, Camel)

$5.08 CVE 492

$4.82 CVE 467

$5.35 CVE 518

Wine (Bottle)

$8.04 CVE 778

$6.02 CVE 583

$9.04 CVE 875

Local Beer (0.5 liter bottle)

$2.02 CVE 196

$1.53 CVE 149

$3.07 CVE 297

Imported Beer (0.33 liter bottle)

$1.87 CVE 181

$1.13 CVE 110

$2.06 CVE 199

One-way Ticket (Public Transport)

$0.96 CVE 93.0

$0.46 CVE 44.99

$1.08 CVE 105

Public Transport Monthly Pass (Regular Price)

$29.95 CVE 2,901

$28.69 CVE 2,778

$31.21 CVE 3,023

Taxi Start (Normal Tariff)

$1.80 CVE 174

$1.54 CVE 150

$2.06 CVE 199

Taxi (Normal Tariff) (1km)

$2.19 CVE 212

$1.46 CVE 142

$2.91 CVE 282

Taxi 1hour Waiting (Normal Tariff)

$10.37 CVE 1,004

$20.74 CVE 2,008

Gasoline (1 liter)

$1.51 CVE 147

$1.38 CVE 133

$1.95 CVE 189

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

$29.7K CVE 2.9M

$28.2K CVE 2.7M

$31.3K CVE 3.0M

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

$39.4K CVE 3.8M

$36.7K CVE 3.6M

$42.0K CVE 4.1M

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

$138 CVE 13.3K

$63.8 CVE 6,177

$213 CVE 20.6K

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

$28.28 CVE 2,739

$12.73 CVE 1,232

$31.82 CVE 3,082

Internet (50+ Mbps, Unlimited Data)

$53.8 CVE 5,209

$51.8 CVE 5,013

$59.0 CVE 5,716

Gym Membership (Monthly)

$34.43 CVE 3,334

$26.08 CVE 2,526

$46.94 CVE 4,547

Tennis Court (1 Hour on Weekend)

$8.82 CVE 854

$5.29 CVE 512

$10.58 CVE 1,024

Cinema Ticket

$5.73 CVE 555

$5.21 CVE 505

$6.26 CVE 606

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

$163 CVE 15.7K

$104 CVE 10.1K

$208 CVE 20.2K

International Primary School, 1 Child (Yearly)

$2,940 CVE 284.7K

$1,123 CVE 108.8K

$5,200 CVE 503.6K

Jeans (Levis 501 Or Similar)

$58.0 CVE 5,617

$30.87 CVE 2,990

$85.1 CVE 8,243

Summer Dress (H&M, Zara, etc)

$31.34 CVE 3,035

Sport Shoes (Adidas, Nike)

$83.2 CVE 8,053

Men's Leather Business Shoes

$141 CVE 13.7K

$106 CVE 10.3K

$191 CVE 18.5K

1-bedroom Apartment, City Center (Monthly)

$446 CVE 43.2K

$312 CVE 30.2K

$624 CVE 60.4K

1-bedroom Apartment, Outside City Center (Monthly)

$253 CVE 24.5K

$191 CVE 18.5K

$409 CVE 39.6K

3-bedroom Apartment, City Center (Monthly)

$561 CVE 54.3K

$334 CVE 32.3K

$1,149 CVE 111.2K

3-bedroom Apartment, Outside City Center (Monthly)

$478 CVE 46.3K

$258 CVE 25.0K

$825 CVE 79.9K

Buy Apartment in City Center (m2)

$1,136 CVE 110.0K

$671 CVE 65.0K

$1,445 CVE 140.0K

Buy Apartment Outside City Center (m2)

$790 CVE 76.5K

$341 CVE 33.0K

$1,030 CVE 99.8K

Average Monthly Net Salary (After Tax)

$333 CVE 32.3K

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 23, 2026

Cost Breakdown

The average net salary in Cape Verde is $288 – below average monthly costs of $528. 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 ($528) is 61% below the global median of $1,339.

Average rent ($160) is 75% below the global median of $628.

Dining out ($28.00) is 43% below the global median of $49.00.

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		$458	$423	$1,398	$1,465	20.04	47.26
3	Praia	127832	62	$802	$1,212	$1,885	$2,630	158.23	63.51
4	Sal	-	51	$655	$1,004	$1,666	$2,034	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.