Last update: Oct 2026

Cost of Living Comparison Between Austin, TX and Ibadan

For one person, living is cheaper in Ibadan: $255 a month against $2,663 in Austin, TX, rent and utilities included – about $28,900 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
12

Cost of Living Index in Ibadan
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Ibadan Living Index

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Austin, TX

🇺🇸 United States

$2,663

/mo nomad

Ibadan

🇳🇬 Nigeria

$255

/mo nomad

Monthly Cost of Living

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

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

Monthly costs for one person with rent: $2,663 in Austin, TX versus $255 in Ibadan.

Austin, TX $2,663
Ibadan $255

Estimated couple costs with rent: $4,133 in Austin, TX versus $571 in Ibadan.

Austin, TX $4,133
Ibadan $571

Monthly costs for a family of three with rent: $5,603 in Austin, TX versus $887 in Ibadan.

Austin, TX $5,603
Ibadan $887

Living in Austin, TX is roughly 944% more expensive than in Ibadan, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: Austin, TX is 97% above, Ibadan is 81% below.

Meal at Budget Restaurant

$20.77 $20.77

$1.11 ₦1,481

1771.17%

Three-Course Dinner for Two, Mid-Range

$84.6 $84.6

$30.33 ₦40.3K

178.90%

Fast Food Meal (McDonalds, etc)

$12.32 $12.32

$6.22 ₦8,276

98.07%

Cappuccino

$5.63 $5.63

$0.80 ₦1,058

603.75%

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

$3.72 $3.72

$0.22 ₦293

1590.91%

Water (0.33 liter bottle)

$2.50 $2.50

$0.14 ₦180

1685.71%

Local Beer (0.5 liter draught)

$8.05 $8.05

$0.59 ₦786

1264.41%

Imported Beer (0.33 liter bottle)

$9.01 $9.01

$1.15 ₦1,534

683.48%

Milk (1 liter)

$1.12 $1.12

$0.58 ₦776

93.10%

White Bread (500g)

$3.75 $3.75

$0.60 ₦803

525.00%

Rice (white) (1kg)

$3.26 $3.26

$1.15 ₦1,524

183.48%

Eggs

$4.17 $4.17

$1.55 ₦2,055

169.03%

Local Cheese (1kg)

$12.90 $12.90

$3.59 ₦4,774

259.33%

Chicken Fillets (1kg)

$14.16 $14.16

$4.02 ₦5,342

252.24%

Beef Round Steak (1kg)

$16.22 $16.22

$0.71 ₦951

2184.51%

Apples (1kg)

$4.33 $4.33

$1.65 ₦2,198

162.42%

Banana (1kg)

$1.46 $1.46

$1.29 ₦1,712

13.18%

Oranges (1kg)

$4.51 $4.51

$1.10 ₦1,457

310.00%

Tomato (1kg)

$4.34 $4.34

$0.29 ₦385

1396.55%

Potato (1kg)

$2.58 $2.58

$0.58 ₦773

344.83%

Onion (1kg)

$2.35 $2.35

$0.24 ₦320

879.17%

Lettuce (1 head)

$1.78 $1.78

$0.22 ₦291

709.09%

Water (1.5 liter bottle)

$2.22 $2.22

$0.12 ₦159

1750.00%

Cigarettes 20 Pack (Marlboro, Camel)

$9.88 $9.88

$0.59 ₦781

1574.58%

Wine (Bottle)

$15.08 $15.08

$1.15 ₦1,533

1211.30%

Local Beer (0.5 liter bottle)

$2.92 $2.92

$0.39 ₦523

648.72%

Imported Beer (0.33 liter bottle)

$3.46 $3.46

$0.47 ₦621

636.17%

One-way Ticket (Public Transport)

$1.49 $1.49

$0.12 ₦164

1141.67%

Public Transport Monthly Pass (Regular Price)

$41.72 $41.72

Taxi Start (Normal Tariff)

$2.73 $2.73

$0.66 ₦872

313.64%

Taxi (Normal Tariff) (1km)

$1.66 $1.66

$0.59 ₦781

181.36%

Taxi 1hour Waiting (Normal Tariff)

$35.30 $35.30

$1.10 ₦1,467

3109.09%

Gasoline (1 liter)

$0.95 $0.95

$0.53 ₦703

79.25%

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

$36.0K $36.0K

$4,189 ₦5.6M

760.51%

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

$27.1K $27.1K

$13.7K ₦18.2M

98.00%

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

$229 $229

$11.16 ₦14.8K

1951.88%

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

$59.4 $59.4

$3.87 ₦5,145

1434.63%

Internet (50+ Mbps, Unlimited Data)

$69.9 $69.9

$8.59 ₦11.4K

713.85%

Gym Membership (Monthly)

$57.2 $57.2

$22.27 ₦29.6K

157.03%

Tennis Court (1 Hour on Weekend)

$16.33 $16.33

Cinema Ticket

$14.28 $14.28

$1.48 ₦1,972

864.86%

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

$1,506 $1,506

$49.51 ₦65.8K

2941.55%

International Primary School, 1 Child (Yearly)

$21.5K $21.5K

$631 ₦839.5K

3299.55%

Jeans (Levis 501 Or Similar)

$52.8 $52.8

$12.18 ₦16.2K

333.58%

Summer Dress (H&M, Zara, etc)

$43.82 $43.82

$5.77 ₦7,674

659.45%

Sport Shoes (Adidas, Nike)

$84.8 $84.8

$15.36 ₦20.4K

451.89%

Men's Leather Business Shoes

$103 $103

$21.34 ₦28.4K

382.71%

1-bedroom Apartment, City Center (Monthly)

$1,907 $1,907

$125 ₦166.4K

1424.35%

1-bedroom Apartment, Outside City Center (Monthly)

$1,274 $1,274

$46.64 ₦62.0K

2631.73%

3-bedroom Apartment, City Center (Monthly)

$3,664 $3,664

$454 ₦603.2K

708.03%

3-bedroom Apartment, Outside City Center (Monthly)

$2,538 $2,538

$305 ₦406.0K

731.65%

Buy Apartment in City Center (m2)

$7,614 $7,614

$880 ₦1.2M

765.03%

Buy Apartment Outside City Center (m2)

$3,157 $3,157

$29.82 ₦39.7K

10487.59%

Average Monthly Net Salary (After Tax)

$5,121 $5,121

$56.6 ₦75.3K

8944.12%

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 Ibadan: October 10, 2026

Monthly budget structure

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

Accommodation & Living

Austin, TX

$1.3K 47.8%

Ibadan

$47 18.3% 96.3% $1.2K

Groceries & Markets

Austin, TX

$405 15.2%

Ibadan

$87 34.2% 78.5% $317

Monthly Utilities & Internet

Austin, TX

$358 13.5%

Ibadan

$24 9.3% 93.4% $335

Eating Out

Austin, TX

$354 13.3%

Ibadan

$44 17.2% 87.6% $310

Clothing & Footwear

Austin, TX

$128 4.8%

Ibadan

$25 9.6% 80.8% $103

Sport & Entertainment

Austin, TX

$86 3.2%

Ibadan

$25 9.9% 70.6% $61

Getting Around

Austin, TX

$59 2.2%

Ibadan

$4.1 * 1.6% 93% $55

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

Cost Breakdown

A one-bedroom apartment in the center runs $1,907 in Austin, TX and $125 in Ibadan. Housing cost is often the main lever when comparing two cities.

Austin, TX pays 8944% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $85.0 in Austin, TX vs $30.00 in Ibadan for a mid-range dinner for two. Groceries echo the gap at $405 vs $87.0 per month, with Ibadan cheaper across the board.

Good to know

🇺🇸 Austin, TX

🇳🇬 Ibadan

🕒 Local time

02:02 2:02 AM

08:02 8:02 AM

6 h ahead of Austin, TX

🌤 Weather

👥 Population

974,447

3,034,200

💱 Currency

United States Dollar USD $

Nigerian Naira NGN ₦

📈 Exchange rate

1 USD = 0.89 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 19, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

Nigerian Naira exchange rates as of October 19, 2026: 1 USD = 1,330 NGN (10,000 NGN = 7.52 USD). 1 EUR = 1,495 NGN (10,000 NGN = 6.69 EUR).

NGN to USD in detail →

On the map

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Between locations

Austin, TX Ibadan 10,700 km ≈ 14 h nonstop flight

From you

Austin, TX
Ibadan

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 Ibadan: Cost of Living - Frequently Asked Questions

Ibadan wins on cost – living expenses run 944% lower than in Austin, TX. Housing and daily spending are where you'll feel the difference most, making Ibadan the obvious pick if budget is a priority.

Average pay runs 8944% higher in Austin, TX, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $1,907 in Austin, TX versus $125 in Ibadan. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $1,506 in Austin, TX versus $49.51 in Ibadan. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Ibadan – a meal for two runs $30.00 versus $85.0 in Austin, TX. If you eat out regularly, this makes a real dent in your monthly spending.

At $255 in Ibadan versus $2,663 in Austin, TX, a $1,000 budget is realistic in Ibadan but tight or insufficient in Austin, TX. The gap between the two cities makes Ibadan the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Expats usually find Ibadan gentler on the wallet – expenses run 944% less than in Austin, TX. Beyond cost, consider language, visa policies, and how big the international community is in each city.