Last update: Oct 2026

Cost of Living Comparison Between Akure and Austin, TX

For one person, living is cheaper in Akure: $278 a month against $2,663 in Austin, TX, rent and utilities included – about $28,600 less a year. Rent and utilities account for most of the difference.

14

Cost of Living Index in Akure
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Akure Living Index
130

Cost of Living Index in Austin, TX
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Austin, TX Living Index

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Akure

🇳🇬 Nigeria

$278

/mo nomad

Austin, TX

🇺🇸 United States

$2,663

/mo nomad

Monthly Cost of Living

How much you'll spend in Akure and in Austin, TX

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Akure and in Austin, TX actually costs, broken down by who's living it.

A single person spends $278 per month in Akure vs $2,663 in Austin, TX, rent included.

Akure $278
Austin, TX $2,663

A couple spends around $449 per month in Akure vs $4,133 in Austin, TX, rent included.

Akure $449
Austin, TX $4,133

A family of three spends $620 per month in Akure vs $5,603 in Austin, TX, rent included.

Akure $620
Austin, TX $5,603

Akure is about 90% cheaper than Austin, TX, and outside of rent the biggest gap is in groceries.

Akure sits 79% below the global median, while Austin, TX is 97% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$1.10 ₦1,462

$20.77 $20.77

-94.70%

Three-Course Dinner for Two, Mid-Range

$8.87 ₦11.8K

$84.6 $84.6

-89.51%

Fast Food Meal (McDonalds, etc)

$7.34 ₦9,767

$12.32 $12.32

-40.42%

Cappuccino

$2.73 ₦3,629

$5.63 $5.63

-51.51%

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

$0.24 ₦320

$3.72 $3.72

-93.55%

Water (0.33 liter bottle)

$0.15 ₦194

$2.50 $2.50

-94.00%

Local Beer (0.5 liter draught)

$0.97 ₦1,294

$8.05 $8.05

-87.95%

Imported Beer (0.33 liter bottle)

$2.03 ₦2,699

$9.01 $9.01

-77.47%

Milk (1 liter)

$1.55 ₦2,059

$1.12 $1.12

38.39%

White Bread (500g)

$0.63 ₦832

$3.75 $3.75

-83.20%

Rice (white) (1kg)

$1.24 ₦1,650

$3.26 $3.26

-61.96%

Eggs

$0.82 ₦1,086

$4.17 $4.17

-80.34%

Local Cheese (1kg)

$3.45 ₦4,591

$12.90 $12.90

-73.26%

Chicken Fillets (1kg)

$3.98 ₦5,299

$14.16 $14.16

-71.89%

Beef Round Steak (1kg)

$2.29 ₦3,047

$16.22 $16.22

-85.88%

Apples (1kg)

$1.54 ₦2,054

$4.33 $4.33

-64.43%

Banana (1kg)

$0.76 ₦1,015

$1.46 $1.46

-47.95%

Oranges (1kg)

$0.70 ₦927

$4.51 $4.51

-84.48%

Tomato (1kg)

$0.89 ₦1,180

$4.34 $4.34

-79.49%

Potato (1kg)

$0.80 ₦1,059

$2.58 $2.58

-68.99%

Onion (1kg)

$0.96 ₦1,280

$2.35 $2.35

-59.15%

Lettuce (1 head)

$0.83 ₦1,103

$1.78 $1.78

-53.37%

Water (1.5 liter bottle)

$0.37 ₦487

$2.22 $2.22

-83.33%

Cigarettes 20 Pack (Marlboro, Camel)

$0.59 ₦785

$9.88 $9.88

-94.03%

Wine (Bottle)

$2.25 ₦2,991

$15.08 $15.08

-85.08%

Local Beer (0.5 liter bottle)

$0.53 ₦707

$2.92 $2.92

-81.85%

Imported Beer (0.33 liter bottle)

$0.47 ₦624

$3.46 $3.46

-86.42%

One-way Ticket (Public Transport)

$1.49 $1.49

Public Transport Monthly Pass (Regular Price)

$41.72 $41.72

Taxi Start (Normal Tariff)

$0.65 ₦868

$2.73 $2.73

-76.19%

Taxi (Normal Tariff) (1km)

$0.98 ₦1,308

$1.66 $1.66

-40.96%

Taxi 1hour Waiting (Normal Tariff)

$2.15 ₦2,860

$35.30 $35.30

-93.91%

Gasoline (1 liter)

$0.18 ₦241

$0.95 $0.95

-81.05%

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

$11.2K ₦14.9M

$36.0K $36.0K

-69.00%

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

$13.9K ₦18.4M

$27.1K $27.1K

-48.82%

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

$11.11 ₦14.8K

$229 $229

-95.15%

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

$5.25 ₦6,978

$59.4 $59.4

-91.16%

Internet (50+ Mbps, Unlimited Data)

$9.23 ₦12.3K

$69.9 $69.9

-86.80%

Gym Membership (Monthly)

$57.2 $57.2

Tennis Court (1 Hour on Weekend)

$16.33 $16.33

Cinema Ticket

$6.21 ₦8,258

$14.28 $14.28

-56.51%

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

$674 ₦896.4K

$1,506 $1,506

-55.25%

International Primary School, 1 Child (Yearly)

$19.8K ₦26.4M

$21.5K $21.5K

-7.60%

Jeans (Levis 501 Or Similar)

$14.94 ₦19.9K

$52.8 $52.8

-71.71%

Summer Dress (H&M, Zara, etc)

$18.14 ₦24.1K

$43.82 $43.82

-58.60%

Sport Shoes (Adidas, Nike)

$36.92 ₦49.1K

$84.8 $84.8

-56.45%

Men's Leather Business Shoes

$49.18 ₦65.4K

$103 $103

-52.26%

1-bedroom Apartment, City Center (Monthly)

$1,907 $1,907

1-bedroom Apartment, Outside City Center (Monthly)

$1,274 $1,274

3-bedroom Apartment, City Center (Monthly)

$3,664 $3,664

3-bedroom Apartment, Outside City Center (Monthly)

$2,538 $2,538

Buy Apartment in City Center (m2)

$7,614 $7,614

Buy Apartment Outside City Center (m2)

$3,157 $3,157

Average Monthly Net Salary (After Tax)

$37.22 ₦49.5K

$5,121 $5,121

-99.27%

20-Year Fixed Mortgage Interest Rate (Annual %)

18.39

6.79

170.84%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Akure: October 11, 2026

Last update for Austin, TX: October 12, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Groceries & Markets

Akure

$107 38.4%

Austin, TX

$405 15.2% 279% $298

Eating Out

Akure

$74 26.6%

Austin, TX

$354 13.3% 378% $280

Clothing & Footwear

Akure

$54 19.3%

Austin, TX

$128 4.8% 139% $74

Monthly Utilities & Internet

Akure

$26 9.2%

Austin, TX

$358 13.5% 1300% $333

Sport & Entertainment

Akure

$12 * 4.5%

Austin, TX

$86 3.2% 591% $73

Getting Around

Akure

$5.6 * 2%

Austin, TX

$59 2.2% 954% $53

Accommodation & Living

Akure

- * 0%

Austin, TX

$1.3K 47.8%

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

Salaries run about 13658% higher in Austin, TX, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $9.00 in Akure versus $85.0 in Austin, TX. Monthly groceries follow the same trend: $107 vs $405 – making Akure the more affordable choice for daily food spending.

Good to know

🇳🇬 Akure

🇺🇸 Austin, TX

🕒 Local time

16:39 4:39 PM

10:39 10:39 AM

6 h behind Akure

🌤 Weather

👥 Population

387,087

974,447

💱 Currency

Nigerian Naira NGN ₦

United States Dollar USD $

📈 Exchange rate

10,000 NGN = 7.52 USD

10,000 NGN = 6.69 EUR

1 USD = 0.889 EUR

Exchange rates and currency converter

USD, EUR to NGN – Nigerian Naira Converter

🇺🇸 United States Dollar ($)

🇳🇬 Nigerian Naira (₦)

Nigerian Naira exchange rates as of October 17, 2026: 1 USD = 1,330 NGN (10,000 NGN = 7.52 USD). 1 EUR = 1,496 NGN (10,000 NGN = 6.69 EUR).

United States Dollar exchange rates as of October 17, 2026: 1 EUR = 1.12 USD (1 USD = 0.889 EUR).

USD to NGN in detail →

On the map

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Highest

Between locations

Akure Austin, TX 10,830 km ≈ 14 h nonstop flight

From you

Akure
Austin, TX

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Akure vs Austin, TX: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $278 in Akure, $2,663 in Austin, TX – roughly 858% apart. Outside of rent, the biggest gap is in groceries.

For a comfortable life, plan on about $417 per month in Akure and $3,995 in Austin, TX. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

A mid-range dinner for two costs $9.00 in Akure and $85.0 in Austin, TX. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 279% more in Austin, TX, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $2,000 monthly budget goes further in Akure, where all-in costs run around $278, than in Austin, TX at $2,663. In Akure it covers expenses comfortably, while in Austin, TX it requires careful planning or may not stretch far enough.

Families tend to lean toward Akure – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

If budget matters most, go with Akure. If higher salaries, better infrastructure, or specific career opportunities are the priority, Austin, TX makes more sense. Both are solid long-term options with distinct trade-offs.