Last update: Oct 2026

Cost of Living Comparison Between Cape Town and Akure

For one person, living is cheaper in Akure: $278 a month against $1,586 in Cape Town, rent and utilities included – about $15,700 less a year. Rent and utilities account for most of the difference.

77

Cost of Living Index in Cape Town
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Cape Town Living Index
14

Cost of Living Index in Akure
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Akure Living Index

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Cape Town

🇿🇦 South Africa

$1,586

/mo nomad

Akure

🇳🇬 Nigeria

$278

/mo nomad

Monthly Cost of Living

How much you'll spend in Cape Town 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 Cape Town and in Akure actually costs, broken down by who's living it.

A single person spends $1,586 per month in Cape Town vs $278 in Akure, rent included.

Cape Town $1,586
Akure $278

A couple spends around $2,425 per month in Cape Town vs $449 in Akure, rent included.

Cape Town $2,425
Akure $449

A family of three spends $3,263 per month in Cape Town vs $620 in Akure, rent included.

Cape Town $3,263
Akure $620

Cape Town costs about 470% more than Akure, and outside of rent the biggest gap is in groceries.

Cape Town sits 17% above the global median, while Akure is 79% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$12.14 R 200

$1.10 ₦1,462

1003.64%

Three-Course Dinner for Two, Mid-Range

$45.34 R 747

$8.87 ₦11.8K

411.16%

Fast Food Meal (McDonalds, etc)

$5.88 R 96.9

$7.34 ₦9,767

-19.89%

Cappuccino

$2.50 R 41.18

$2.73 ₦3,629

-8.42%

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

$1.27 R 20.94

$0.24 ₦320

429.17%

Water (0.33 liter bottle)

$0.98 R 16.14

$0.15 ₦194

553.33%

Local Beer (0.5 liter draught)

$2.99 R 49.33

$0.97 ₦1,294

208.25%

Imported Beer (0.33 liter bottle)

$3.72 R 61.4

$2.03 ₦2,699

83.25%

Milk (1 liter)

$1.30 R 21.40

$1.55 ₦2,059

-16.13%

White Bread (500g)

$1.25 R 20.68

$0.63 ₦832

98.41%

Rice (white) (1kg)

$2.23 R 36.76

$1.24 ₦1,650

79.84%

Eggs

$3.11 R 51.2

$0.82 ₦1,086

279.27%

Local Cheese (1kg)

$9.06 R 149

$3.45 ₦4,591

162.61%

Chicken Fillets (1kg)

$6.92 R 114

$3.98 ₦5,299

73.87%

Beef Round Steak (1kg)

$9.30 R 153

$2.29 ₦3,047

306.11%

Apples (1kg)

$1.84 R 30.25

$1.54 ₦2,054

19.48%

Banana (1kg)

$1.96 R 32.29

$0.76 ₦1,015

157.89%

Oranges (1kg)

$1.67 R 27.45

$0.70 ₦927

138.57%

Tomato (1kg)

$2.17 R 35.70

$0.89 ₦1,180

143.82%

Potato (1kg)

$1.57 R 25.81

$0.80 ₦1,059

96.25%

Onion (1kg)

$1.48 R 24.45

$0.96 ₦1,280

54.17%

Lettuce (1 head)

$1.30 R 21.41

$0.83 ₦1,103

56.63%

Water (1.5 liter bottle)

$1.13 R 18.60

$0.37 ₦487

205.41%

Cigarettes 20 Pack (Marlboro, Camel)

$3.60 R 59.3

$0.59 ₦785

510.17%

Wine (Bottle)

$6.15 R 101

$2.25 ₦2,991

173.33%

Local Beer (0.5 liter bottle)

$1.38 R 22.66

$0.53 ₦707

160.38%

Imported Beer (0.33 liter bottle)

$2.14 R 35.20

$0.47 ₦624

355.32%

One-way Ticket (Public Transport)

$1.50 R 24.65

Public Transport Monthly Pass (Regular Price)

$60.8 R 1,001

Taxi Start (Normal Tariff)

$0.59 R 9.71

$0.65 ₦868

-9.23%

Taxi (Normal Tariff) (1km)

$1.50 R 24.65

$0.98 ₦1,308

53.06%

Taxi 1hour Waiting (Normal Tariff)

$5.11 R 84.2

$2.15 ₦2,860

137.67%

Gasoline (1 liter)

$1.55 R 25.50

$0.18 ₦241

761.11%

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

$36.2K R 596.5K

$11.2K ₦14.9M

223.98%

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

$31.2K R 514.8K

$13.9K ₦18.4M

125.50%

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

$114 R 1,883

$11.11 ₦14.8K

928.98%

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

$28.91 R 476

$5.25 ₦6,978

450.67%

Internet (50+ Mbps, Unlimited Data)

$39.73 R 654

$9.23 ₦12.3K

330.44%

Gym Membership (Monthly)

$49.01 R 808

Tennis Court (1 Hour on Weekend)

$10.99 R 181

Cinema Ticket

$9.15 R 151

$6.21 ₦8,258

47.34%

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

$259 R 4,264

$674 ₦896.4K

-61.59%

International Primary School, 1 Child (Yearly)

$6,794 R 111.9K

$19.8K ₦26.4M

-65.73%

Jeans (Levis 501 Or Similar)

$56.2 R 926

$14.94 ₦19.9K

276.04%

Summer Dress (H&M, Zara, etc)

$32.41 R 534

$18.14 ₦24.1K

78.67%

Sport Shoes (Adidas, Nike)

$121 R 1,987

$36.92 ₦49.1K

226.65%

Men's Leather Business Shoes

$108 R 1,781

$49.18 ₦65.4K

119.76%

1-bedroom Apartment, City Center (Monthly)

$1,021 R 16.8K

1-bedroom Apartment, Outside City Center (Monthly)

$717 R 11.8K

3-bedroom Apartment, City Center (Monthly)

$1,824 R 30.1K

3-bedroom Apartment, Outside City Center (Monthly)

$1,327 R 21.9K

Buy Apartment in City Center (m2)

$2,391 R 39.4K

Buy Apartment Outside City Center (m2)

$1,542 R 25.4K

Average Monthly Net Salary (After Tax)

$1,639 R 27.0K

$37.22 ₦49.5K

4302.66%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.97

18.39

-40.35%

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

Last update for Cape Town: October 10, 2026

Last update for Akure: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Cape Town

$717 45.2%

Akure

- * 0% 100%

Groceries & Markets

Cape Town

$225 14.2%

Akure

$107 38.4% 52.5% $118

Monthly Utilities & Internet

Cape Town

$183 11.5%

Akure

$26 9.2% 86% $157

Eating Out

Cape Town

$176 11.1%

Akure

$74 26.6% 58% $102

Clothing & Footwear

Cape Town

$143 9%

Akure

$54 19.3% 62.4% $89

Getting Around

Cape Town

$75 4.7%

Akure

$5.6 * 2% 92.6% $69

Sport & Entertainment

Cape Town

$67 4.2%

Akure

$12 * 4.5% 81.5% $55

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

Cost Breakdown

Salaries run about 4303% higher in Cape Town, 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 $45.00 in Cape Town versus $9.00 in Akure. Monthly groceries follow the same trend: $225 vs $107 – making Akure the more affordable choice for daily food spending.

Good to know

🇿🇦 Cape Town

🇳🇬 Akure

🕒 Local time

20:53 8:53 PM

19:53 7:53 PM

1 h behind Cape Town

🌤 Weather

👥 Population

3,740,026 Capital

387,087

💱 Currency

South African Rand ZAR R

Nigerian Naira NGN ₦

📈 Exchange rate

100 ZAR = 6.07 USD

100 ZAR = 5.4 EUR

10,000 NGN = 7.52 USD

10,000 NGN = 6.69 EUR

Exchange rates and currency converter

NGN, USD, EUR to ZAR – South African Rand Converter

🇺🇸 United States Dollar ($)

🇿🇦 South African Rand (R)

South African Rand exchange rates as of October 17, 2026: 1 USD = 16.48 ZAR (100 ZAR = 6.07 USD). 1 EUR = 18.52 ZAR (100 ZAR = 5.4 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).

USD to ZAR in detail →

On the map

Lowest

Highest

Between locations

Cape Town Akure 4,790 km ≈ 6 h nonstop flight

From you

Cape Town
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

Cape Town vs Akure: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $1,586 in Cape Town, $278 in Akure – roughly 470% apart. Outside of rent, the biggest gap is in groceries.

For a comfortable life, plan on about $2,379 per month in Cape Town 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 $45.00 in Cape Town 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 111% more in Cape Town, 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 Cape Town at $1,586. In Akure it covers expenses comfortably, while in Cape Town it requires careful planning or may not stretch far enough.

It depends on your priorities. Cape Town has an edge in some lifestyle areas, with costs from $278 in Akure to $1,586 in Cape Town. Climate, culture, job market, and personal taste all factor in.

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