Last update: Oct 2026

Cost of Living Comparison Between Buenos Aires and Ikeja

For one person, living is cheaper in Buenos Aires: $1,656 a month against $2,415 in Ikeja, rent and utilities included – about $9,100 less a year. Higher rent and utilities in Ikeja outweigh lower spending on other living expenses.

80

Cost of Living Index in Buenos Aires
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Buenos Aires Living Index
118

Cost of Living Index in Ikeja
Learn more

Ikeja Living Index

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Buenos Aires

🇦🇷 Argentina

$1,656

/mo nomad

Ikeja

🇳🇬 Nigeria

$2,415

/mo nomad

Monthly Cost of Living

How much you'll spend in Buenos Aires and in Ikeja

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

Monthly costs for one person with rent: $1,656 in Buenos Aires versus $2,415 in Ikeja.

Buenos Aires $1,656
Ikeja $2,415

Estimated couple costs with rent: $2,697 in Buenos Aires versus $4,119 in Ikeja.

Buenos Aires $2,697
Ikeja $4,119

Monthly costs for a family of three with rent: $3,737 in Buenos Aires versus $5,822 in Ikeja.

Buenos Aires $3,737
Ikeja $5,822

Living in Buenos Aires costs roughly 31% less than in Ikeja, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Buenos Aires 23% above, Ikeja 79% above.

Meal at Budget Restaurant

$19.09 ARS 29.0K

$0.50 ₦670

3718.00%

Three-Course Dinner for Two, Mid-Range

$65.8 ARS 99.9K

$11.16 ₦14.8K

489.61%

Fast Food Meal (McDonalds, etc)

$13.20 ARS 20.0K

$7.69 ₦10.2K

71.65%

Cappuccino

$3.85 ARS 5,841

$2.87 ₦3,815

34.15%

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

$1.99 ARS 3,020

$0.13 ₦168

1430.77%

Water (0.33 liter bottle)

$1.60 ARS 2,430

$0.07 ₦91.8

2185.71%

Local Beer (0.5 liter draught)

$3.93 ARS 5,959

$0.29 ₦382

1255.17%

Imported Beer (0.33 liter bottle)

$4.61 ARS 7,003

$2.05 ₦2,731

124.88%

Milk (1 liter)

$1.50 ARS 2,272

$0.77 ₦1,027

94.81%

White Bread (500g)

$2.53 ARS 3,837

$0.73 ₦975

246.58%

Rice (white) (1kg)

$1.61 ARS 2,445

$1.26 ₦1,675

27.78%

Eggs

$2.84 ARS 4,316

$2.28 ₦3,026

24.56%

Local Cheese (1kg)

$10.30 ARS 15.6K

$3.45 ₦4,591

198.55%

Chicken Fillets (1kg)

$10.00 ARS 15.2K

$3.93 ₦5,226

154.45%

Beef Round Steak (1kg)

$13.30 ARS 20.2K

$4.56 ₦6,067

191.67%

Apples (1kg)

$2.88 ARS 4,366

$1.71 ₦2,276

68.42%

Banana (1kg)

$2.20 ARS 3,334

$1.28 ₦1,709

71.88%

Oranges (1kg)

$1.40 ARS 2,120

$1.14 ₦1,521

22.81%

Tomato (1kg)

$1.98 ARS 3,004

$1.27 ₦1,692

55.91%

Potato (1kg)

$1.21 ARS 1,835

$1.37 ₦1,824

-11.68%

Onion (1kg)

$1.26 ARS 1,910

$1.35 ₦1,792

-6.67%

Lettuce (1 head)

$1.71 ARS 2,592

$0.90 ₦1,194

90.00%

Water (1.5 liter bottle)

$1.72 ARS 2,603

$0.37 ₦491

364.86%

Cigarettes 20 Pack (Marlboro, Camel)

$4.29 ARS 6,505

$0.59 ₦788

627.12%

Wine (Bottle)

$5.70 ARS 8,645

$2.43 ₦3,227

134.57%

Local Beer (0.5 liter bottle)

$2.17 ARS 3,288

$0.54 ₦725

301.85%

Imported Beer (0.33 liter bottle)

$2.76 ARS 4,188

$0.46 ₦617

500.00%

One-way Ticket (Public Transport)

$0.75 ARS 1,141

$0.11 ₦141

581.82%

Public Transport Monthly Pass (Regular Price)

$27.27 ARS 41.4K

$3.41 ₦4,533

699.71%

Taxi Start (Normal Tariff)

$1.57 ARS 2,375

$0.71 ₦942

121.13%

Taxi (Normal Tariff) (1km)

$1.03 ARS 1,558

$0.97 ₦1,292

6.19%

Taxi 1hour Waiting (Normal Tariff)

$7.90 ARS 12.0K

$2.16 ₦2,873

265.74%

Gasoline (1 liter)

$1.42 ARS 2,160

$0.16 ₦206

787.50%

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

$27.9K ARS 42.4M

$11.1K ₦14.8M

151.66%

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

$35.0K ARS 53.1M

$13.5K ₦17.9M

159.64%

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

$195 ARS 296.2K

$112 ₦149.5K

73.65%

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

$25.16 ARS 38.2K

$14.52 ₦19.3K

73.28%

Internet (50+ Mbps, Unlimited Data)

$31.54 ARS 47.9K

$33.03 ₦43.9K

-4.51%

Gym Membership (Monthly)

$50.9 ARS 77.3K

Tennis Court (1 Hour on Weekend)

$16.73 ARS 25.4K

Cinema Ticket

$10.34 ARS 15.7K

$6.33 ₦8,413

63.35%

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

$463 ARS 703.2K

$679 ₦902.6K

-31.71%

International Primary School, 1 Child (Yearly)

$8,793 ARS 13.3M

$20.2K ₦26.9M

-56.47%

Jeans (Levis 501 Or Similar)

$120 ARS 181.8K

$14.93 ₦19.9K

702.61%

Summer Dress (H&M, Zara, etc)

$95.5 ARS 144.9K

$18.29 ₦24.3K

422.03%

Sport Shoes (Adidas, Nike)

$114 ARS 173.1K

$36.31 ₦48.3K

214.24%

Men's Leather Business Shoes

$139 ARS 211.4K

$48.50 ₦64.5K

187.22%

1-bedroom Apartment, City Center (Monthly)

$756 ARS 1.1M

$3,485 ₦4.6M

-78.30%

1-bedroom Apartment, Outside City Center (Monthly)

$520 ARS 788.8K

$1,989 ₦2.6M

-73.87%

3-bedroom Apartment, City Center (Monthly)

$1,590 ARS 2.4M

$6,487 ₦8.6M

-75.48%

3-bedroom Apartment, Outside City Center (Monthly)

$1,198 ARS 1.8M

$5,007 ₦6.7M

-76.07%

Buy Apartment in City Center (m2)

$2,713 ARS 4.1M

Buy Apartment Outside City Center (m2)

$1,901 ARS 2.9M

Average Monthly Net Salary (After Tax)

$938 ARS 1.4M

$74.2 ₦98.7K

1163.11%

20-Year Fixed Mortgage Interest Rate (Annual %)

57.25

18.39

211.31%

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

Last update for Buenos Aires: October 11, 2026

Last update for Ikeja: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Buenos Aires

$520 31.4%

Ikeja

$2K 82.4% 283% $1.5K

Groceries & Markets

Buenos Aires

$283 17.1%

Ikeja

$123 5.1% 56.4% $160

Eating Out

Buenos Aires

$282 17%

Ikeja

$68 2.8% 75.9% $214

Monthly Utilities & Internet

Buenos Aires

$252 15.2%

Ikeja

$160 6.6% 36.5% $92

Clothing & Footwear

Buenos Aires

$211 12.7%

Ikeja

$53 2.2% 74.8% $158

Sport & Entertainment

Buenos Aires

$72 4.3%

Ikeja

$13 * 0.5% 82.3% $59

Getting Around

Buenos Aires

$37 2.2%

Ikeja

$9.4 0.4% 74.6% $28

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 $756 in Buenos Aires and $3,485 in Ikeja. Housing cost is often the main lever when comparing two cities.

Buenos Aires pays 1163% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $66.0 in Buenos Aires vs $11.00 in Ikeja for a mid-range dinner for two. Groceries echo the gap at $283 vs $123 per month, with Ikeja cheaper across the board.

Good to know

🇦🇷 Buenos Aires

🇳🇬 Ikeja

🕒 Local time

12:11 12:11 PM

16:11 4:11 PM

4 h ahead of Buenos Aires

🌤 Weather

👥 Population

2,891,082 Capital

861,300

💱 Currency

Argentine Peso ARS $

Nigerian Naira NGN ₦

📈 Exchange rate

10,000 ARS = 6.59 USD

10,000 ARS = 5.86 EUR

10,000 NGN = 7.52 USD

10,000 NGN = 6.69 EUR

Exchange rates and currency converter

NGN, USD, EUR to ARS – Argentine Peso Converter

🇺🇸 United States Dollar ($)

🇦🇷 Argentine Peso ($)

Argentine Peso exchange rates as of October 19, 2026: 1 USD = 1,517 ARS (10,000 ARS = 6.59 USD). 1 EUR = 1,706 ARS (10,000 ARS = 5.86 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).

USD to ARS in detail →

On the map

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Highest

Between locations

Buenos Aires Ikeja 7,920 km ≈ 10 h nonstop flight

From you

Buenos Aires
Ikeja

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

Buenos Aires vs Ikeja: Cost of Living - Frequently Asked Questions

Buenos Aires and Ikeja differ by about 46% in total monthly costs ($1,656 vs $2,415 including rent). Buenos Aires is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Average pay runs 1163% higher in Buenos Aires, 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: $756 in Buenos Aires versus $3,485 in Ikeja. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $463 in Buenos Aires versus $679 in Ikeja. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Shoppers in Ikeja pay roughly 130% less for everyday groceries. It's an unusual reversal that partly offsets higher costs elsewhere.

At $1,656 in Buenos Aires versus $2,415 in Ikeja, a $3,000 budget is realistic in Buenos Aires but tight or insufficient in Ikeja. The gap between the two cities makes Buenos Aires 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.

Safety-wise, Buenos Aires and Ikeja are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Buenos Aires gentler on the wallet – expenses run 46% less than in Ikeja. Beyond cost, consider language, visa policies, and how big the international community is in each city.