Last update: Oct 2026

Cost of Living Comparison Between Ibadan and Chiang Mai

Name: Chiang Mai
Address: Chiang Mai, TH

For one person, living is cheaper in Ibadan: $251 a month against $936 in Chiang Mai, rent and utilities included – about $8,200 less a year. Rent and utilities account for about half of the difference.

12

Cost of Living Index in Ibadan
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Ibadan Living Index
45

Cost of Living Index in Chiang Mai
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Chiang Mai Living Index

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Ibadan

🇳🇬 Nigeria

$251

/mo nomad

Chiang Mai

🇹🇭 Thailand

$936

/mo nomad

Monthly Cost of Living

How much you'll spend in Ibadan and in Chiang Mai

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

A single person spends $251 per month in Ibadan vs $936 in Chiang Mai, rent included.

Ibadan $251
Chiang Mai $936

A couple spends around $558 per month in Ibadan vs $1,457 in Chiang Mai, rent included.

Ibadan $558
Chiang Mai $1,457

A family of three spends $865 per month in Ibadan vs $1,979 in Chiang Mai, rent included.

Ibadan $865
Chiang Mai $1,979

Ibadan is about 73% cheaper than Chiang Mai, and outside of rent the biggest gap is in groceries.

Both Ibadan and Chiang Mai are more affordable than the global median – Ibadan 82% lower, Chiang Mai 31% lower.

Meal at Budget Restaurant

$1.10 ₦1,471

$2.24 ฿75.7

-50.89%

Three-Course Dinner for Two, Mid-Range

$29.84 ₦40.0K

$19.00 ฿642

57.05%

Fast Food Meal (McDonalds, etc)

$6.06 ₦8,127

$5.55 ฿188

9.19%

Cappuccino

$0.78 ₦1,046

$1.67 ฿56.6

-53.29%

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

$0.22 ₦295

$0.64 ฿21.56

-65.63%

Water (0.33 liter bottle)

$0.13 ₦179

$0.31 ฿10.32

-58.06%

Local Beer (0.5 liter draught)

$0.53 ₦715

$2.36 ฿79.6

-77.54%

Imported Beer (0.33 liter bottle)

$1.15 ₦1,545

$3.66 ฿124

-68.58%

Milk (1 liter)

$0.58 ₦782

$1.95 ฿65.8

-70.26%

White Bread (500g)

$0.60 ₦798

$1.44 ฿48.51

-58.33%

Rice (white) (1kg)

$1.10 ₦1,478

$1.33 ฿45.07

-17.29%

Eggs

$1.57 ₦2,102

$2.28 ฿77.1

-31.14%

Local Cheese (1kg)

$3.62 ₦4,857

$16.45 ฿556

-77.99%

Chicken Fillets (1kg)

$3.83 ₦5,129

$2.78 ฿94.0

37.77%

Beef Round Steak (1kg)

$0.72 ₦962

$9.31 ฿314

-92.27%

Apples (1kg)

$1.64 ₦2,203

$2.35 ฿79.5

-30.21%

Banana (1kg)

$1.27 ₦1,696

$0.97 ฿32.82

30.93%

Oranges (1kg)

$1.09 ₦1,464

$1.60 ฿53.9

-31.87%

Tomato (1kg)

$0.29 ₦388

$1.50 ฿50.7

-80.67%

Potato (1kg)

$0.57 ₦769

$1.28 ฿43.15

-55.47%

Onion (1kg)

$0.23 ₦308

$1.10 ฿37.22

-79.09%

Lettuce (1 head)

$0.21 ₦281

$0.71 ฿23.84

-70.42%

Water (1.5 liter bottle)

$0.12 ₦159

$0.49 ฿16.38

-75.51%

Cigarettes 20 Pack (Marlboro, Camel)

$0.58 ₦781

$4.14 ฿140

-85.99%

Wine (Bottle)

$1.11 ₦1,484

$17.52 ฿592

-93.66%

Local Beer (0.5 liter bottle)

$0.40 ₦531

$1.61 ฿54.5

-75.16%

Imported Beer (0.33 liter bottle)

$0.50 ₦669

$2.78 ฿94.0

-82.01%

One-way Ticket (Public Transport)

$0.14 ₦187

$0.87 ฿29.33

-83.91%

Public Transport Monthly Pass (Regular Price)

$54.1 ฿1,827

Taxi Start (Normal Tariff)

$0.66 ₦884

$1.16 ฿39.08

-43.10%

Taxi (Normal Tariff) (1km)

$0.62 ₦825

$0.53 ฿17.82

16.98%

Taxi 1hour Waiting (Normal Tariff)

$1.14 ₦1,523

$2.42 ฿81.8

-52.89%

Gasoline (1 liter)

$0.57 ₦759

$1.45 ฿48.93

-60.69%

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

$4,183 ₦5.6M

$21.1K ฿711.2K

-80.14%

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

$29.0K ₦38.8M

$26.9K ฿909.8K

7.53%

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

$11.37 ₦15.2K

$62.2 ฿2,100

-81.71%

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

$3.83 ₦5,129

$12.17 ฿411

-68.53%

Internet (50+ Mbps, Unlimited Data)

$8.60 ₦11.5K

$20.12 ฿680

-57.26%

Gym Membership (Monthly)

$21.27 ₦28.5K

$37.31 ฿1,260

-42.99%

Tennis Court (1 Hour on Weekend)

$3.77 ฿127

Cinema Ticket

$1.47 ₦1,973

$6.49 ฿219

-77.35%

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

$48.34 ₦64.8K

$736 ฿24.9K

-93.43%

International Primary School, 1 Child (Yearly)

$622 ₦833.1K

$14.8K ฿498.6K

-95.79%

Jeans (Levis 501 Or Similar)

$11.76 ₦15.8K

$53.4 ฿1,802

-77.97%

Summer Dress (H&M, Zara, etc)

$5.62 ₦7,529

$24.64 ฿832

-77.19%

Sport Shoes (Adidas, Nike)

$14.86 ₦19.9K

$91.5 ฿3,089

-83.76%

Men's Leather Business Shoes

$20.99 ₦28.1K

$71.9 ฿2,429

-70.82%

1-bedroom Apartment, City Center (Monthly)

$123 ₦165.0K

$482 ฿16.3K

-74.47%

1-bedroom Apartment, Outside City Center (Monthly)

$45.67 ₦61.2K

$309 ฿10.4K

-85.22%

3-bedroom Apartment, City Center (Monthly)

$444 ₦594.5K

$1,006 ฿34.0K

-55.90%

3-bedroom Apartment, Outside City Center (Monthly)

$293 ₦392.4K

$633 ฿21.4K

-53.78%

Buy Apartment in City Center (m2)

$849 ₦1.1M

$2,363 ฿79.8K

-64.07%

Buy Apartment Outside City Center (m2)

$30.37 ₦40.7K

$1,589 ฿53.7K

-98.09%

Average Monthly Net Salary (After Tax)

$57.7 ₦77.3K

$590 ฿19.9K

-90.22%

20-Year Fixed Mortgage Interest Rate (Annual %)

18.39

5.57

230.16%

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

Last update for Ibadan: October 26, 2026

Last update for Chiang Mai: October 26, 2026

Monthly budget structure

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

Groceries & Markets

Ibadan

$86 34.3%

Chiang Mai

$234 25.1% 173% $148

Accommodation & Living

Ibadan

$46 18.2%

Chiang Mai

$309 33% 576% $263

Eating Out

Ibadan

$43 17.1%

Chiang Mai

$78 8.3% 81.6% $35

Sport & Entertainment

Ibadan

$24 9.7%

Chiang Mai

$50 5.4% 108% $26

Clothing & Footwear

Ibadan

$24 9.6%

Chiang Mai

$109 11.6% 354% $85

Monthly Utilities & Internet

Ibadan

$24 9.5%

Chiang Mai

$94 10.1% 297% $71

Getting Around

Ibadan

$4.3 * 1.7%

Chiang Mai

$61 6.6% 1330% $57

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

Cost Breakdown

A central one-bedroom costs $123 in Ibadan versus $482 in Chiang Mai. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries in Chiang Mai are about 10 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $30 in Ibadan versus $19 in Chiang Mai. Groceries tell a different story – $86 in Ibadan vs $234 in Chiang Mai – so Ibadan wins on supermarket bills even if dining out costs more.

Good to know

🇳🇬 Ibadan

🇹🇭 Chiang Mai

🕒 Local time

19:00 7:00 PM

01:00 1:00 AM

6 h ahead of Ibadan

🌤 Weather

👥 Population

3,034,200

127,240

💱 Currency

Nigerian Naira NGN ₦

Thai Baht THB ฿

📈 Exchange rate

10,000 NGN = 7.46 USD

10,000 NGN = 6.7 EUR

100 THB = 2.96 USD

100 THB = 2.66 EUR

Exchange rates and currency converter

THB, USD, EUR to NGN – Nigerian Naira Converter

🇺🇸 United States Dollar ($)

🇳🇬 Nigerian Naira (₦)

Nigerian Naira exchange rates as of October 28, 2026: 1 USD = 1,340 NGN (10,000 NGN = 7.46 USD). 1 EUR = 1,492 NGN (10,000 NGN = 6.7 EUR).

Thai Baht exchange rates as of October 28, 2026: 1 USD = 33.77 THB (100 THB = 2.96 USD). 1 EUR = 37.59 THB (100 THB = 2.66 EUR).

USD to NGN in detail →

On the map

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Highest

Between locations

Ibadan Chiang Mai 10,270 km ≈ 13 h nonstop flight

From you

Ibadan
Chiang Mai

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

Ibadan vs Chiang Mai: Cost of Living - Frequently Asked Questions

Chiang Mai costs about 273% more than Ibadan, and outside of rent the gap comes mainly from groceries. That’s enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $376 per month in Ibadan and $1,403 in Chiang Mai. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Ibadan, especially for central apartments: a one-bedroom in the center costs $123 there versus $482 in Chiang Mai.

A mid-range dinner for two costs $30 in Ibadan and $19 in Chiang Mai. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 173% more in Chiang Mai, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $800 monthly budget goes further in Ibadan, where all-in costs run around $251, than in Chiang Mai at $936. In Ibadan it covers expenses comfortably, while in Chiang Mai it requires careful planning or may not stretch far enough.

Families tend to lean toward Ibadan – 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 Ibadan. If higher salaries, better infrastructure, or specific career opportunities are the priority, Chiang Mai makes more sense. Both are solid long-term options with distinct trade-offs.