Last update: Oct 2026

Cost of Living Comparison Between Austin, TX and Akure

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.

130

Cost of Living Index in Austin, TX
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Austin, TX Living Index
14

Cost of Living Index in Akure
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Akure Living Index

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Austin, TX

🇺🇸 United States

$2,663

/mo nomad

Akure

🇳🇬 Nigeria

$278

/mo nomad

Monthly Cost of Living

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

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

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

Austin, TX $2,663
Akure $278

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

Austin, TX $4,133
Akure $449

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

Austin, TX $5,603
Akure $620

Austin, TX costs about 858% more than Akure, and outside of rent the biggest gap is in groceries.

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

Meal at Budget Restaurant

$20.77 $20.77

$1.10 ₦1,462

1788.18%

Three-Course Dinner for Two, Mid-Range

$84.6 $84.6

$8.87 ₦11.8K

853.66%

Fast Food Meal (McDonalds, etc)

$12.32 $12.32

$7.34 ₦9,767

67.85%

Cappuccino

$5.63 $5.63

$2.73 ₦3,629

106.23%

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

$3.72 $3.72

$0.24 ₦320

1450.00%

Water (0.33 liter bottle)

$2.50 $2.50

$0.15 ₦194

1566.67%

Local Beer (0.5 liter draught)

$8.05 $8.05

$0.97 ₦1,294

729.90%

Imported Beer (0.33 liter bottle)

$9.01 $9.01

$2.03 ₦2,699

343.84%

Milk (1 liter)

$1.12 $1.12

$1.55 ₦2,059

-27.74%

White Bread (500g)

$3.75 $3.75

$0.63 ₦832

495.24%

Rice (white) (1kg)

$3.26 $3.26

$1.24 ₦1,650

162.90%

Eggs

$4.17 $4.17

$0.82 ₦1,086

408.54%

Local Cheese (1kg)

$12.90 $12.90

$3.45 ₦4,591

273.91%

Chicken Fillets (1kg)

$14.16 $14.16

$3.98 ₦5,299

255.78%

Beef Round Steak (1kg)

$16.22 $16.22

$2.29 ₦3,047

608.30%

Apples (1kg)

$4.33 $4.33

$1.54 ₦2,054

181.17%

Banana (1kg)

$1.46 $1.46

$0.76 ₦1,015

92.11%

Oranges (1kg)

$4.51 $4.51

$0.70 ₦927

544.29%

Tomato (1kg)

$4.34 $4.34

$0.89 ₦1,180

387.64%

Potato (1kg)

$2.58 $2.58

$0.80 ₦1,059

222.50%

Onion (1kg)

$2.35 $2.35

$0.96 ₦1,280

144.79%

Lettuce (1 head)

$1.78 $1.78

$0.83 ₦1,103

114.46%

Water (1.5 liter bottle)

$2.22 $2.22

$0.37 ₦487

500.00%

Cigarettes 20 Pack (Marlboro, Camel)

$9.88 $9.88

$0.59 ₦785

1574.58%

Wine (Bottle)

$15.08 $15.08

$2.25 ₦2,991

570.22%

Local Beer (0.5 liter bottle)

$2.92 $2.92

$0.53 ₦707

450.94%

Imported Beer (0.33 liter bottle)

$3.46 $3.46

$0.47 ₦624

636.17%

One-way Ticket (Public Transport)

$1.49 $1.49

Public Transport Monthly Pass (Regular Price)

$41.72 $41.72

Taxi Start (Normal Tariff)

$2.73 $2.73

$0.65 ₦868

320.00%

Taxi (Normal Tariff) (1km)

$1.66 $1.66

$0.98 ₦1,308

69.39%

Taxi 1hour Waiting (Normal Tariff)

$35.30 $35.30

$2.15 ₦2,860

1541.86%

Gasoline (1 liter)

$0.95 $0.95

$0.18 ₦241

427.78%

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

$36.0K $36.0K

$11.2K ₦14.9M

222.56%

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

$27.1K $27.1K

$13.9K ₦18.4M

95.38%

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

$229 $229

$11.11 ₦14.8K

1961.12%

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

$59.4 $59.4

$5.25 ₦6,978

1031.24%

Internet (50+ Mbps, Unlimited Data)

$69.9 $69.9

$9.23 ₦12.3K

657.42%

Gym Membership (Monthly)

$57.2 $57.2

Tennis Court (1 Hour on Weekend)

$16.33 $16.33

Cinema Ticket

$14.28 $14.28

$6.21 ₦8,258

129.95%

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

$1,506 $1,506

$674 ₦896.4K

123.45%

International Primary School, 1 Child (Yearly)

$21.5K $21.5K

$19.8K ₦26.4M

8.23%

Jeans (Levis 501 Or Similar)

$52.8 $52.8

$14.94 ₦19.9K

253.48%

Summer Dress (H&M, Zara, etc)

$43.82 $43.82

$18.14 ₦24.1K

141.57%

Sport Shoes (Adidas, Nike)

$84.8 $84.8

$36.92 ₦49.1K

129.60%

Men's Leather Business Shoes

$103 $103

$49.18 ₦65.4K

109.46%

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)

$5,121 $5,121

$37.22 ₦49.5K

13658.14%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.79

18.39

-63.08%

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

Last update for Austin, TX: October 12, 2026

Last update for Akure: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Austin, TX

$1.3K 47.8%

Akure

- * 0% 100%

Groceries & Markets

Austin, TX

$405 15.2%

Akure

$107 38.4% 73.6% $298

Monthly Utilities & Internet

Austin, TX

$358 13.5%

Akure

$26 9.2% 92.9% $333

Eating Out

Austin, TX

$354 13.3%

Akure

$74 26.6% 79.1% $280

Clothing & Footwear

Austin, TX

$128 4.8%

Akure

$54 19.3% 58.1% $74

Sport & Entertainment

Austin, TX

$86 3.2%

Akure

$12 * 4.5% 85.5% $73

Getting Around

Austin, TX

$59 2.2%

Akure

$5.6 * 2% 90.5% $53

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

Good to know

🇺🇸 Austin, TX

🇳🇬 Akure

🕒 Local time

11:32 11:32 AM

17:32 5:32 PM

6 h ahead of Austin, TX

🌤 Weather

👥 Population

974,447

387,087

💱 Currency

United States Dollar USD $

Nigerian Naira NGN ₦

📈 Exchange rate

1 USD = 0.889 EUR

10,000 NGN = 7.52 USD

10,000 NGN = 6.69 EUR

Exchange rates and currency converter

NGN, EUR to USD – United States Dollar Converter

🇳🇬 Nigerian Naira (₦)

🇺🇸 United States Dollar ($)

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

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).

NGN to USD in detail →

On the map

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Between locations

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

From you

Austin, TX
Akure

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

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

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

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

A mid-range dinner for two costs $85.0 in Austin, TX and $9.00 in Akure. 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.