Last update: Oct 2026

Cost of Living Comparison Between Cebu and Akure

For one person, living is cheaper in Akure: $278 a month against $918 in Cebu, rent and utilities included – about $7,700 less a year. Rent and utilities account for most of the difference.

45

Cost of Living Index in Cebu
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Cebu Living Index
14

Cost of Living Index in Akure
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Akure Living Index

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Cebu

🇵🇭 Philippines

$918

/mo nomad

Akure

🇳🇬 Nigeria

$278

/mo nomad

Monthly Cost of Living

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

A single person spends $918 per month in Cebu vs $278 in Akure, rent included.

Cebu $918
Akure $278

A couple spends around $1,409 per month in Cebu vs $449 in Akure, rent included.

Cebu $1,409
Akure $449

A family of three spends $1,900 per month in Cebu vs $620 in Akure, rent included.

Cebu $1,900
Akure $620

Cebu costs about 230% more than Akure, and outside of rent the biggest gap is in groceries.

Both Cebu and Akure are more affordable than the global median – Cebu 32% lower, Akure 79% lower.

Meal at Budget Restaurant

$3.09 ₱194

$1.10 ₦1,462

180.91%

Three-Course Dinner for Two, Mid-Range

$24.22 ₱1,525

$8.87 ₦11.8K

173.06%

Fast Food Meal (McDonalds, etc)

$3.92 ₱247

$7.34 ₦9,767

-46.59%

Cappuccino

$2.51 ₱158

$2.73 ₦3,629

-8.06%

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

$1.59 ₱100

$0.24 ₦320

562.50%

Water (0.33 liter bottle)

$0.53 ₱33.43

$0.15 ₦194

253.33%

Local Beer (0.5 liter draught)

$1.78 ₱112

$0.97 ₦1,294

83.51%

Imported Beer (0.33 liter bottle)

$2.17 ₱137

$2.03 ₦2,699

6.90%

Milk (1 liter)

$1.92 ₱121

$1.55 ₦2,059

23.87%

White Bread (500g)

$1.36 ₱85.4

$0.63 ₦832

115.87%

Rice (white) (1kg)

$1.01 ₱63.5

$1.24 ₦1,650

-18.55%

Eggs

$2.03 ₱128

$0.82 ₦1,086

147.56%

Local Cheese (1kg)

$9.86 ₱621

$3.45 ₦4,591

185.80%

Chicken Fillets (1kg)

$4.39 ₱277

$3.98 ₦5,299

10.30%

Beef Round Steak (1kg)

$7.60 ₱479

$2.29 ₦3,047

231.88%

Apples (1kg)

$3.30 ₱208

$1.54 ₦2,054

114.29%

Banana (1kg)

$1.39 ₱87.8

$0.76 ₦1,015

82.89%

Oranges (1kg)

$2.33 ₱147

$0.70 ₦927

232.86%

Tomato (1kg)

$1.50 ₱94.3

$0.89 ₦1,180

68.54%

Potato (1kg)

$2.36 ₱149

$0.80 ₦1,059

195.00%

Onion (1kg)

$1.90 ₱119

$0.96 ₦1,280

97.92%

Lettuce (1 head)

$1.19 ₱74.9

$0.83 ₦1,103

43.37%

Water (1.5 liter bottle)

$0.63 ₱39.71

$0.37 ₦487

70.27%

Cigarettes 20 Pack (Marlboro, Camel)

$3.00 ₱189

$0.59 ₦785

408.47%

Wine (Bottle)

$6.03 ₱379

$2.25 ₦2,991

168.00%

Local Beer (0.5 liter bottle)

$1.23 ₱77.7

$0.53 ₦707

132.08%

Imported Beer (0.33 liter bottle)

$1.75 ₱110

$0.47 ₦624

272.34%

One-way Ticket (Public Transport)

$0.25 ₱15.86

Public Transport Monthly Pass (Regular Price)

$12.64 ₱796

Taxi Start (Normal Tariff)

$0.77 ₱48.62

$0.65 ₦868

18.46%

Taxi (Normal Tariff) (1km)

$0.23 ₱14.53

$0.98 ₦1,308

-76.53%

Taxi 1hour Waiting (Normal Tariff)

$4.46 ₱281

$2.15 ₦2,860

107.44%

Gasoline (1 liter)

$1.31 ₱82.8

$0.18 ₦241

627.78%

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

$21.2K ₱1.3M

$11.2K ₦14.9M

90.08%

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

$19.1K ₱1.2M

$13.9K ₦18.4M

38.17%

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

$120 ₱7,569

$11.11 ₦14.8K

982.18%

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

$14.00 ₱882

$5.25 ₦6,978

166.67%

Internet (50+ Mbps, Unlimited Data)

$27.54 ₱1,734

$9.23 ₦12.3K

198.37%

Gym Membership (Monthly)

$32.33 ₱2,035

Tennis Court (1 Hour on Weekend)

$6.65 ₱419

Cinema Ticket

$5.65 ₱356

$6.21 ₦8,258

-9.02%

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

$275 ₱17.3K

$674 ₦896.4K

-59.15%

International Primary School, 1 Child (Yearly)

$7,918 ₱498.5K

$19.8K ₦26.4M

-60.06%

Jeans (Levis 501 Or Similar)

$49.33 ₱3,106

$14.94 ₦19.9K

230.19%

Summer Dress (H&M, Zara, etc)

$25.24 ₱1,589

$18.14 ₦24.1K

39.14%

Sport Shoes (Adidas, Nike)

$77.0 ₱4,846

$36.92 ₦49.1K

108.45%

Men's Leather Business Shoes

$57.2 ₱3,601

$49.18 ₦65.4K

16.31%

1-bedroom Apartment, City Center (Monthly)

$500 ₱31.5K

1-bedroom Apartment, Outside City Center (Monthly)

$309 ₱19.4K

3-bedroom Apartment, City Center (Monthly)

$1,078 ₱67.9K

3-bedroom Apartment, Outside City Center (Monthly)

$615 ₱38.7K

Buy Apartment in City Center (m2)

$2,886 ₱181.7K

Buy Apartment Outside City Center (m2)

$1,917 ₱120.7K

Average Monthly Net Salary (After Tax)

$346 ₱21.8K

$37.22 ₦49.5K

829.47%

20-Year Fixed Mortgage Interest Rate (Annual %)

7.2

18.39

-60.85%

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

Last update for Cebu: 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

Cebu

$309 33.6%

Akure

- * 0% 100%

Groceries & Markets

Cebu

$206 22.4%

Akure

$107 38.4% 48.1% $99

Monthly Utilities & Internet

Cebu

$162 17.6%

Akure

$26 9.2% 84.2% $136

Clothing & Footwear

Cebu

$94 10.2%

Akure

$54 19.3% 42.9% $40

Eating Out

Cebu

$88 9.6%

Akure

$74 26.6% 16.1% $14

Sport & Entertainment

Cebu

$44 4.8%

Akure

$12 * 4.5% 71.5% $31

Getting Around

Cebu

$16 1.7%

Akure

$5.6 * 2% 64.2% $10

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

Cost Breakdown

Salaries run about 829% higher in Cebu, 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 $24.00 in Cebu versus $9.00 in Akure. Monthly groceries follow the same trend: $206 vs $107 – making Akure the more affordable choice for daily food spending.

Good to know

🇵🇭 Cebu

🇳🇬 Akure

🕒 Local time

02:05 2:05 AM

19:05 7:05 PM

7 h behind Cebu

🌤 Weather

👥 Population

964,169

387,087

💱 Currency

Philippine Peso PHP ₱

Nigerian Naira NGN ₦

📈 Exchange rate

100 PHP = 1.59 USD

100 PHP = 1.41 EUR

10,000 NGN = 7.52 USD

10,000 NGN = 6.69 EUR

Exchange rates and currency converter

NGN, USD, EUR to PHP – Philippine Peso Converter

🇺🇸 United States Dollar ($)

🇵🇭 Philippine Peso (₱)

Philippine Peso exchange rates as of October 17, 2026: 1 USD = 62.96 PHP (100 PHP = 1.59 USD). 1 EUR = 70.79 PHP (100 PHP = 1.41 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 PHP in detail →

On the map

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Highest

Between locations

Cebu Akure 12,950 km ≈ 17 h nonstop flight

From you

Cebu
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

Cebu vs Akure: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $918 in Cebu, $278 in Akure – roughly 230% apart. Outside of rent, the biggest gap is in groceries.

For a comfortable life, plan on about $1,377 per month in Cebu 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 $24.00 in Cebu 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 93% more in Cebu, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

$1,200 covers both cities comfortably – all-in costs are $918 in Cebu and $278 in Akure, leaving budget for savings and extras in both cases.

It depends on your priorities. Cebu has an edge in some lifestyle areas, with costs from $278 in Akure to $918 in Cebu. 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, Cebu makes more sense. Both are solid long-term options with distinct trade-offs.