Cost of Living Comparison Between Akure and Lisbon Cost of Living Comparison Between Akure and Lisbon

Monthly Cost of Living

A single person spends $652 per month in Akure vs $2,227 in Lisbon, rent included.

A couple spends around $1,050 per month in Akure vs $3,305 in Lisbon, rent included.

A family of three spends $1,448 per month in Akure vs $4,384 in Lisbon, rent included.

Akure is about 71% cheaper than Lisbon, driven mainly by Eating Out.

Akure sits 51% below the global median, while Lisbon is 66% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$1.48 ₦2,043

$16.17 €13.84

-90.85%

Three-Course Dinner for Two, Mid-Range

$17.37 ₦23.9K

$64.6 €55.3

-73.10%

Fast Food Meal (McDonalds, etc)

$5.20 ₦7,164

$10.38 €8.88

-49.90%

Cappuccino

$2.21 ₦3,037

$2.77 €2.37

-20.22%

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

$0.36 ₦498

$2.25 €1.92

-84.00%

Water (0.33 liter bottle)

$0.20 ₦275

$1.57 €1.35

-87.26%

Local Beer (0.5 liter draught)

$0.85 ₦1,169

$3.49 €2.99

-75.64%

Imported Beer (0.33 liter bottle)

$1.38 ₦1,901

$4.00 €3.43

-65.50%

Milk (1 liter)

$2.13 ₦2,939

$1.08 €0.93

97.22%

White Bread (500g)

$0.98 ₦1,353

$1.74 €1.49

-43.68%

Rice (white) (1kg)

$2.23 ₦3,075

$1.74 €1.49

28.16%

Eggs

$1.74 ₦2,400

$3.18 €2.72

-45.28%

Local Cheese (1kg)

$6.31 ₦8,694

$13.43 €11.50

-53.02%

Chicken Fillets (1kg)

$4.17 ₦5,736

$7.99 €6.84

-47.81%

Beef Round Steak (1kg)

$5.43 ₦7,475

$16.09 €13.77

-66.25%

Apples (1kg)

$3.47 ₦4,772

$2.28 €1.95

52.19%

Banana (1kg)

$2.09 ₦2,876

$1.72 €1.48

21.51%

Oranges (1kg)

$2.03 ₦2,790

$1.94 €1.66

4.64%

Tomato (1kg)

$1.69 ₦2,332

$2.54 €2.18

-33.46%

Potato (1kg)

$1.43 ₦1,971

$1.83 €1.57

-21.86%

Onion (1kg)

$1.81 ₦2,492

$2.04 €1.75

-11.27%

Lettuce (1 head)

$1.92 ₦2,648

$1.98 €1.69

-3.03%

Water (1.5 liter bottle)

$0.38 ₦527

$0.85 €0.73

-55.29%

Cigarettes 20 Pack (Marlboro, Camel)

$1.25 ₦1,725

$6.85 €5.87

-81.75%

Wine (Bottle)

$2.16 ₦2,979

$5.78 €4.94

-62.63%

Local Beer (0.5 liter bottle)

$0.64 ₦875

$1.37 €1.18

-53.28%

Imported Beer (0.33 liter bottle)

$0.90 ₦1,239

$2.90 €2.48

-68.97%

One-way Ticket (Public Transport)

$0.25 ₦343

$2.28 €1.95

-89.04%

Public Transport Monthly Pass (Regular Price)

$46.84 €40.10

Taxi Start (Normal Tariff)

$1.20 ₦1,651

$4.08 €3.49

-70.59%

Taxi (Normal Tariff) (1km)

$2.19 ₦3,015

$0.82 €0.70

167.07%

Taxi 1hour Waiting (Normal Tariff)

$4.76 ₦6,548

$18.27 €15.64

-73.95%

Gasoline (1 liter)

$0.45 ₦618

$2.01 €1.72

-77.61%

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

$20.0K ₦27.5M

$35.3K €30.2K

-43.30%

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

$20.7K ₦28.4M

$38.5K €32.9K

-46.33%

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

$21.18 ₦29.2K

$145 €124

-85.43%

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

$10.01 ₦13.8K

$20.96 €17.94

-52.24%

Internet (50+ Mbps, Unlimited Data)

$17.47 ₦24.1K

$40.05 €34.29

-56.38%

Gym Membership (Monthly)

$48.79 €41.76

Tennis Court (1 Hour on Weekend)

$18.69 €16.00

Cinema Ticket

$6.16 ₦8,479

$9.06 €7.76

-32.01%

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

$65.8 ₦90.6K

$607 €519

-89.16%

International Primary School, 1 Child (Yearly)

$2,274 ₦3.1M

$16.3K €14.0K

-86.07%

Jeans (Levis 501 Or Similar)

$19.15 ₦26.4K

$105 €89.6

-81.70%

Summer Dress (H&M, Zara, etc)

$24.40 ₦33.6K

$40.95 €35.06

-40.42%

Sport Shoes (Adidas, Nike)

$64.9 ₦89.3K

$93.6 €80.1

-30.67%

Men's Leather Business Shoes

$57.0 ₦78.5K

$119 €101

-51.89%

1-bedroom Apartment, City Center (Monthly)

$402 ₦553.8K

$1,604 €1,373

-74.93%

1-bedroom Apartment, Outside City Center (Monthly)

$258 ₦355.4K

$1,236 €1,058

-79.11%

3-bedroom Apartment, City Center (Monthly)

$647 ₦890.3K

$3,046 €2,607

-78.77%

3-bedroom Apartment, Outside City Center (Monthly)

$528 ₦726.8K

$2,057 €1,761

-74.33%

Buy Apartment in City Center (m2)

$7,709 €6,599

Buy Apartment Outside City Center (m2)

$4,266 €3,652

Average Monthly Net Salary (After Tax)

$36.40 ₦50.1K

$1,584 €1,356

-97.70%

20-Year Fixed Mortgage Interest Rate (Annual %)

16.33

3.81

328.61%

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

Last update for Akure: April 26, 2026

Last update for Lisbon: April 26, 2026

Cost Breakdown

A central one-bedroom costs $402 in Akure versus $1,604 in Lisbon. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 4252% higher in Lisbon, 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 $17.00 in Akure versus $65.0 in Lisbon. Monthly groceries follow the same trend: $179 vs $271 – making Akure the more affordable choice for daily food spending.

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 Lisbon: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $652 in Akure, $2,227 in Lisbon – roughly 242% apart. Lisbon costs more across the board, with Eating Out showing the biggest gap.

For a comfortable life, plan on about $978 per month in Akure and $3,341 in Lisbon. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Akure, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

A mid-range dinner for two costs $17.00 in Akure and $65.0 in Lisbon. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 51% more in Lisbon, 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 $652, than in Lisbon at $2,227. In Akure it covers expenses comfortably, while in Lisbon it requires careful planning or may not stretch far enough.

It depends on your priorities. Lisbon has an edge in some lifestyle areas, with costs from $652 in Akure to $2,227 in Lisbon. 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, Lisbon makes more sense. Both are solid long-term options with distinct trade-offs.