Cost of Living Comparison Between Ibadan and Lisbon Cost of Living Comparison Between Ibadan and Lisbon

Monthly Cost of Living

Monthly costs for one person with rent: $812 in Ibadan versus $2,210 in Lisbon.

Estimated couple costs with rent: $1,520 in Ibadan versus $3,311 in Lisbon.

Monthly costs for a family of three with rent: $2,229 in Ibadan versus $4,411 in Lisbon.

Living in Ibadan costs roughly 63% less than in Lisbon, driven mainly by Eating Out.

The two cities straddle the global median: Ibadan is 39% below, Lisbon is 65% above.

Meal at Budget Restaurant

$1.83 ₦2,488

$15.91 €13.70

-88.50%

Three-Course Dinner for Two, Mid-Range

$29.27 ₦39.8K

$64.8 €55.8

-54.81%

Fast Food Meal (McDonalds, etc)

$5.47 ₦7,426

$10.51 €9.05

-47.95%

Cappuccino

$1.03 ₦1,405

$2.87 €2.47

-64.11%

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

$0.29 ₦395

$2.24 €1.93

-87.05%

Water (0.33 liter bottle)

$0.19 ₦260

$1.50 €1.29

-87.33%

Local Beer (0.5 liter draught)

$0.76 ₦1,035

$3.49 €3.01

-78.22%

Imported Beer (0.33 liter bottle)

$1.26 ₦1,714

$3.88 €3.34

-67.53%

Milk (1 liter)

$2.35 ₦3,187

$1.14 €0.98

106.14%

White Bread (500g)

$1.15 ₦1,563

$1.75 €1.51

-34.29%

Rice (white) (1kg)

$2.06 ₦2,802

$1.76 €1.51

17.05%

Eggs

$1.72 ₦2,330

$3.22 €2.77

-46.58%

Local Cheese (1kg)

$4.37 ₦5,943

$13.49 €11.61

-67.61%

Chicken Fillets (1kg)

$4.29 ₦5,827

$7.91 €6.81

-45.76%

Beef Round Steak (1kg)

$4.18 ₦5,684

$15.87 €13.67

-73.66%

Apples (1kg)

$2.47 ₦3,357

$2.31 €1.99

6.93%

Banana (1kg)

$1.21 ₦1,648

$1.70 €1.46

-28.82%

Oranges (1kg)

$1.24 ₦1,679

$2.01 €1.73

-38.31%

Tomato (1kg)

$1.63 ₦2,214

$2.46 €2.12

-33.74%

Potato (1kg)

$2.16 ₦2,934

$1.84 €1.59

17.39%

Onion (1kg)

$1.55 ₦2,109

$2.00 €1.72

-22.50%

Lettuce (1 head)

$0.92 ₦1,254

$1.93 €1.66

-52.33%

Water (1.5 liter bottle)

$0.32 ₦439

$0.79 €0.68

-59.49%

Cigarettes 20 Pack (Marlboro, Camel)

$1.26 ₦1,705

$6.61 €5.69

-80.94%

Wine (Bottle)

$1.02 ₦1,384

$5.72 €4.93

-82.17%

Local Beer (0.5 liter bottle)

$0.63 ₦858

$1.37 €1.18

-54.01%

Imported Beer (0.33 liter bottle)

$0.89 ₦1,211

$2.97 €2.56

-70.03%

One-way Ticket (Public Transport)

$0.36 ₦483

$2.37 €2.04

-84.81%

Public Transport Monthly Pass (Regular Price)

$36.42 ₦49.5K

$45.56 €39.22

-20.06%

Taxi Start (Normal Tariff)

$1.24 ₦1,681

$4.29 €3.69

-71.10%

Taxi (Normal Tariff) (1km)

$1.04 ₦1,417

$0.82 €0.70

26.83%

Taxi 1hour Waiting (Normal Tariff)

$3.68 ₦5,005

$18.30 €15.76

-79.89%

Gasoline (1 liter)

$0.57 ₦769

$2.06 €1.78

-72.33%

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

$9,512 ₦12.9M

$34.3K €29.5K

-72.25%

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

$14.2K ₦19.2M

$39.3K €33.8K

-63.95%

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

$20.99 ₦28.5K

$148 €127

-85.81%

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

$7.46 ₦10.1K

$20.52 €17.67

-63.65%

Internet (50+ Mbps, Unlimited Data)

$19.75 ₦26.8K

$39.61 €34.10

-50.14%

Gym Membership (Monthly)

$29.50 ₦40.1K

$47.85 €41.19

-38.35%

Tennis Court (1 Hour on Weekend)

$18.92 €16.29

Cinema Ticket

$2.67 ₦3,628

$9.18 €7.91

-70.92%

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

$50.4 ₦68.5K

$614 €529

-91.78%

International Primary School, 1 Child (Yearly)

$1,910 ₦2.6M

$16.0K €13.8K

-88.10%

Jeans (Levis 501 Or Similar)

$18.37 ₦24.9K

$105 €90.1

-82.45%

Summer Dress (H&M, Zara, etc)

$24.43 ₦33.2K

$42.06 €36.21

-41.92%

Sport Shoes (Adidas, Nike)

$43.76 ₦59.4K

$94.0 €80.9

-53.43%

Men's Leather Business Shoes

$29.58 ₦40.2K

$120 €103

-75.28%

1-bedroom Apartment, City Center (Monthly)

$451 ₦612.8K

$1,628 €1,401

-72.28%

1-bedroom Apartment, Outside City Center (Monthly)

$433 ₦588.5K

$1,255 €1,081

-65.48%

3-bedroom Apartment, City Center (Monthly)

$1,214 ₦1.6M

$3,030 €2,609

-59.93%

3-bedroom Apartment, Outside City Center (Monthly)

$1,291 ₦1.8M

$2,020 €1,739

-36.11%

Buy Apartment in City Center (m2)

$846 ₦1.1M

$7,800 €6,715

-89.15%

Buy Apartment Outside City Center (m2)

$28.82 ₦39.1K

$4,273 €3,678

-99.33%

Average Monthly Net Salary (After Tax)

$55.9 ₦75.9K

$1,603 €1,380

-96.52%

20-Year Fixed Mortgage Interest Rate (Annual %)

16.33

3.81

328.61%

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

Last update for Ibadan: June 2, 2026

Last update for Lisbon: June 1, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $451 in Ibadan and $1,628 in Lisbon. Housing cost is often the main lever when comparing two cities.

Lisbon pays 2770% 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: $29.00 in Ibadan vs $65.0 in Lisbon for a mid-range dinner for two. Groceries echo the gap at $154 vs $269 per month, with Ibadan cheaper across the board.

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 Lisbon: Cost of Living - Frequently Asked Questions

Ibadan wins on cost – living expenses run 172% lower than in Lisbon. Housing and daily spending are where you'll feel the difference most, making Ibadan the obvious pick if budget is a priority.

On paper, Lisbon earns 2770% less. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $451 in Ibadan versus $1,628 in Lisbon. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $50.4 in Ibadan versus $614 in Lisbon. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Supermarket bills run roughly 75% higher in Lisbon. For households that cook at home regularly, that difference adds up over a month.

At $812 in Ibadan versus $2,210 in Lisbon, a $1,000 budget is realistic in Ibadan but tight or insufficient in Lisbon. The gap between the two cities makes Ibadan the clear choice for anyone on this budget.

Both work as nomad bases, but Ibadan delivers better value – similar infrastructure at $812 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Ibadan hard to pass up.

Safety-wise, Ibadan and Lisbon 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 Ibadan gentler on the wallet – expenses run 172% less than in Lisbon. Beyond cost, consider language, visa policies, and how big the international community is in each city.