Last update: Oct 2026

Cost of Living Comparison Between Akure and Cebu

For one person, living is cheaper in Akure: $278 a month against $918 in Cebu, rent and utilities included – about $7,700 less a year. Rent and utilities account for most of the difference.

14

Cost of Living Index in Akure
Learn more

Akure Living Index
45

Cost of Living Index in Cebu
Learn more

Cebu Living Index

Jump to prices

Akure

🇳🇬 Nigeria

$278

/mo nomad

Cebu

🇵🇭 Philippines

$918

/mo nomad

Monthly Cost of Living

How much you'll spend in Akure and in Cebu

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 Cebu actually costs, broken down by who's living it.

A single person spends $278 per month in Akure vs $918 in Cebu, rent included.

Akure $278
Cebu $918

A couple spends around $449 per month in Akure vs $1,409 in Cebu, rent included.

Akure $449
Cebu $1,409

A family of three spends $620 per month in Akure vs $1,900 in Cebu, rent included.

Akure $620
Cebu $1,900

Akure is about 70% cheaper than Cebu, and outside of rent the biggest gap is in groceries.

Both Akure and Cebu are more affordable than the global median – Akure 79% lower, Cebu 32% lower.

Meal at Budget Restaurant

$1.10 ₦1,462

$3.09 ₱195

-64.40%

Three-Course Dinner for Two, Mid-Range

$8.87 ₦11.8K

$24.22 ₱1,525

-63.38%

Fast Food Meal (McDonalds, etc)

$7.34 ₦9,767

$3.92 ₱247

87.24%

Cappuccino

$2.73 ₦3,629

$2.51 ₱158

8.76%

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

$0.24 ₦320

$1.59 ₱100

-84.91%

Water (0.33 liter bottle)

$0.15 ₦194

$0.53 ₱33.45

-71.70%

Local Beer (0.5 liter draught)

$0.97 ₦1,294

$1.78 ₱112

-45.51%

Imported Beer (0.33 liter bottle)

$2.03 ₦2,699

$2.17 ₱137

-6.45%

Milk (1 liter)

$1.55 ₦2,059

$1.92 ₱121

-19.27%

White Bread (500g)

$0.63 ₦832

$1.36 ₱85.5

-53.68%

Rice (white) (1kg)

$1.24 ₦1,650

$1.01 ₱63.6

22.77%

Eggs

$0.82 ₦1,086

$2.03 ₱128

-59.61%

Local Cheese (1kg)

$3.45 ₦4,591

$9.86 ₱621

-65.01%

Chicken Fillets (1kg)

$3.98 ₦5,299

$4.39 ₱277

-9.34%

Beef Round Steak (1kg)

$2.29 ₦3,047

$7.60 ₱479

-69.87%

Apples (1kg)

$1.54 ₦2,054

$3.30 ₱208

-53.33%

Banana (1kg)

$0.76 ₦1,015

$1.39 ₱87.8

-45.32%

Oranges (1kg)

$0.70 ₦927

$2.33 ₱147

-69.96%

Tomato (1kg)

$0.89 ₦1,180

$1.50 ₱94.3

-40.67%

Potato (1kg)

$0.80 ₦1,059

$2.36 ₱149

-66.10%

Onion (1kg)

$0.96 ₦1,280

$1.90 ₱119

-49.47%

Lettuce (1 head)

$0.83 ₦1,103

$1.19 ₱74.9

-30.25%

Water (1.5 liter bottle)

$0.37 ₦487

$0.63 ₱39.73

-41.27%

Cigarettes 20 Pack (Marlboro, Camel)

$0.59 ₦785

$3.00 ₱189

-80.33%

Wine (Bottle)

$2.25 ₦2,991

$6.03 ₱380

-62.69%

Local Beer (0.5 liter bottle)

$0.53 ₦707

$1.23 ₱77.7

-56.91%

Imported Beer (0.33 liter bottle)

$0.47 ₦624

$1.75 ₱110

-73.14%

One-way Ticket (Public Transport)

$0.25 ₱15.87

Public Transport Monthly Pass (Regular Price)

$12.64 ₱796

Taxi Start (Normal Tariff)

$0.65 ₦868

$0.77 ₱48.64

-15.58%

Taxi (Normal Tariff) (1km)

$0.98 ₦1,308

$0.23 ₱14.54

326.09%

Taxi 1hour Waiting (Normal Tariff)

$2.15 ₦2,860

$4.46 ₱281

-51.79%

Gasoline (1 liter)

$0.18 ₦241

$1.31 ₱82.8

-86.26%

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

$11.2K ₦14.9M

$21.2K ₱1.3M

-47.39%

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

$13.9K ₦18.4M

$19.1K ₱1.2M

-27.63%

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

$11.11 ₦14.8K

$120 ₱7,573

-90.76%

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

$5.25 ₦6,978

$14.00 ₱882

-62.50%

Internet (50+ Mbps, Unlimited Data)

$9.23 ₦12.3K

$27.54 ₱1,735

-66.49%

Gym Membership (Monthly)

$32.33 ₱2,036

Tennis Court (1 Hour on Weekend)

$6.65 ₱419

Cinema Ticket

$6.21 ₦8,258

$5.65 ₱356

9.91%

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

$674 ₦896.4K

$275 ₱17.3K

144.79%

International Primary School, 1 Child (Yearly)

$19.8K ₦26.4M

$7,918 ₱498.8K

150.37%

Jeans (Levis 501 Or Similar)

$14.94 ₦19.9K

$49.33 ₱3,107

-69.71%

Summer Dress (H&M, Zara, etc)

$18.14 ₦24.1K

$25.24 ₱1,590

-28.13%

Sport Shoes (Adidas, Nike)

$36.92 ₦49.1K

$77.0 ₱4,848

-52.03%

Men's Leather Business Shoes

$49.18 ₦65.4K

$57.2 ₱3,603

-14.02%

1-bedroom Apartment, City Center (Monthly)

$500 ₱31.5K

1-bedroom Apartment, Outside City Center (Monthly)

$309 ₱19.5K

3-bedroom Apartment, City Center (Monthly)

$1,078 ₱67.9K

3-bedroom Apartment, Outside City Center (Monthly)

$615 ₱38.8K

Buy Apartment in City Center (m2)

$2,886 ₱181.8K

Buy Apartment Outside City Center (m2)

$1,917 ₱120.7K

Average Monthly Net Salary (After Tax)

$37.22 ₦49.5K

$346 ₱21.8K

-89.24%

20-Year Fixed Mortgage Interest Rate (Annual %)

18.39

7.2

155.42%

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

Last update for Akure: October 11, 2026

Last update for Cebu: October 12, 2026

Monthly budget structure

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

Groceries & Markets

Akure

$107 38.4%

Cebu

$206 22.4% 92.9% $99

Eating Out

Akure

$74 26.6%

Cebu

$88 9.6% 19.2% $14

Clothing & Footwear

Akure

$54 19.3%

Cebu

$94 10.2% 75.1% $40

Monthly Utilities & Internet

Akure

$26 9.2%

Cebu

$162 17.6% 532% $136

Sport & Entertainment

Akure

$12 * 4.5%

Cebu

$44 4.8% 251% $31

Getting Around

Akure

$5.6 * 2%

Cebu

$16 1.7% 180% $10

Accommodation & Living

Akure

- * 0%

Cebu

$309 33.6%

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

Cost Breakdown

Salaries run about 829% higher in Cebu, 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 $24.00 in Cebu. Monthly groceries follow the same trend: $107 vs $206 – making Akure the more affordable choice for daily food spending.

Good to know

🇳🇬 Akure

🇵🇭 Cebu

🕒 Local time

18:18 6:18 PM

01:18 1:18 AM

7 h ahead of Akure

🌤 Weather

👥 Population

387,087

964,169

💱 Currency

Nigerian Naira NGN ₦

Philippine Peso PHP ₱

📈 Exchange rate

10,000 NGN = 7.52 USD

10,000 NGN = 6.69 EUR

100 PHP = 1.59 USD

100 PHP = 1.41 EUR

Exchange rates and currency converter

PHP, 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).

Philippine Peso exchange rates as of October 17, 2026: 1 USD = 62.99 PHP (100 PHP = 1.59 USD). 1 EUR = 70.82 PHP (100 PHP = 1.41 EUR).

USD to NGN in detail →

On the map

Lowest

Highest

Between locations

Akure Cebu 12,950 km ≈ 17 h nonstop flight

From you

Akure
Cebu

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 Cebu: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $278 in Akure, $918 in Cebu – roughly 230% apart. Outside of rent, the biggest gap is in groceries.

For a comfortable life, plan on about $417 per month in Akure and $1,377 in Cebu. 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 $24.00 in Cebu. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 93% more in Cebu, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

$1,200 covers both cities comfortably – all-in costs are $278 in Akure and $918 in Cebu, leaving budget for savings and extras in both cases.

It depends on your priorities. Cebu has an edge in some lifestyle areas, with costs from $278 in Akure to $918 in Cebu. Climate, culture, job market, and personal taste all factor in.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

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