Cost of Living Comparison Between Ibadan and Medellin Cost of Living Comparison Between Ibadan and Medellin

🙂 Solo nomad: Ibadan is 38.8% cheaper than Medellin without rent, and 19.4% cheaper with rent.

🙂 Family of 3: Ibadan is 35.1% cheaper than Medellin without rent, and 3.6% more expensive with rent.

Meal at Budget Restaurant

$1.82 ₦2,630

$5.91 COP 22.5K

-69.20%

Three-Course Dinner for Two, Mid-Range

$28.33 ₦40.8K

$32.19 COP 122.7K

-11.99%

Fast Food Meal (McDonalds, etc)

$5.48 ₦7,898

$7.21 COP 27.5K

-23.99%

Cappuccino

$1 ₦1,444

$1.65 COP 6,284

-39.39%

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

$0.27 ₦389

$1.11 COP 4,224

-75.68%

Water (0.33 liter bottle)

$0.18 ₦258

$0.71 COP 2,716

-74.65%

Local Beer (0.5 liter draught)

$0.79 ₦1,144

$1.74 COP 6,637

-54.60%

Imported Beer (0.33 liter bottle)

$1.26 ₦1,819

$3.19 COP 12.2K

-60.50%

Milk (1 liter)

$2.24 ₦3,228

$1.1 COP 4,176

103.64%

White Bread (500g)

$1.14 ₦1,643

$1.3 COP 4,965

-12.31%

Rice (white) (1kg)

$2.06 ₦2,970

$1.39 COP 5,302

48.20%

Eggs

$1.68 ₦2,421

$2.18 COP 8,302

-22.94%

Local Cheese (1kg)

$4.33 ₦6,245

$4.54 COP 17.3K

-4.63%

Chicken Fillets (1kg)

$4.28 ₦6,173

$5.85 COP 22.3K

-26.84%

Beef Round Steak (1kg)

$4.22 ₦6,079

$8.62 COP 32.8K

-51.04%

Apples (1kg)

$2.37 ₦3,415

$2.24 COP 8,539

5.80%

Banana (1kg)

$1.23 ₦1,776

$1.07 COP 4,080

14.95%

Oranges (1kg)

$1.17 ₦1,686

$1.53 COP 5,822

-23.53%

Tomato (1kg)

$1.61 ₦2,320

$1.41 COP 5,377

14.18%

Potato (1kg)

$2.13 ₦3,067

$1.12 COP 4,269

90.18%

Onion (1kg)

$1.51 ₦2,176

$1.14 COP 4,343

32.46%

Lettuce (1 head)

$0.96 ₦1,388

$0.9 COP 3,418

6.67%

Water (1.5 liter bottle)

$0.33 ₦469

$0.91 COP 3,481

-63.74%

Cigarettes 20 Pack (Marlboro, Camel)

$1.32 ₦1,898

$2.34 COP 8,932

-43.59%

Wine (Bottle)

$3.2 ₦4,617

$9.94 COP 37.9K

-67.81%

Local Beer (0.5 liter bottle)

$0.65 ₦933

$1.15 COP 4,369

-43.48%

Imported Beer (0.33 liter bottle)

$0.93 ₦1,344

$2.38 COP 9,066

-60.92%

One-way Ticket (Public Transport)

$0.33 ₦470

$0.81 COP 3,069

-59.26%

Public Transport Monthly Pass (Regular Price)

$36.6 ₦52.8K

$40.57 COP 154.6K

-9.79%

Taxi Start (Normal Tariff)

$1.18 ₦1,708

$1.46 COP 5,572

-19.18%

Taxi (Normal Tariff) (1km)

$1.08 ₦1,552

$1.99 COP 7,570

-45.73%

Taxi 1hour Waiting (Normal Tariff)

$3.51 ₦5,065

$7.96 COP 30.3K

-55.90%

Gasoline (1 liter)

$0.52 ₦756

$1.01 COP 3,844

-48.51%

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

$9,481 ₦13.7M

$17.7K COP 67.3M

-46.32%

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

$14.4K ₦20.8M

$26.8K COP 102.1M

-46.26%

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

$21.31 ₦30.7K

$80.8 COP 308K

-73.64%

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

$7.39 ₦10.7K

$9.39 COP 35.8K

-21.30%

Internet (50+ Mbps, Unlimited Data)

$19.96 ₦28.8K

$23.51 COP 89.6K

-15.10%

Gym Membership (Monthly)

$29.56 ₦42.6K

$25.61 COP 97.6K

15.42%

Tennis Court (1 Hour on Weekend)

$18.95 COP 72.2K

Cinema Ticket

$2.53 ₦3,654

$4.12 COP 15.7K

-38.59%

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

$49.7 ₦71.6K

$306 COP 1.2M

-83.78%

International Primary School, 1 Child (Yearly)

$1,901 ₦2.7M

$5,875 COP 22.4M

-67.64%

Jeans (Levis 501 Or Similar)

$18.32 ₦26.4K

$58.8 COP 224K

-68.84%

Summer Dress (H&M, Zara, etc)

$25.11 ₦36.2K

$31.9 COP 121.5K

-21.29%

Sport Shoes (Adidas, Nike)

$43.59 ₦62.8K

$102 COP 387.4K

-57.13%

Men's Leather Business Shoes

$29.92 ₦43.1K

$108 COP 413K

-72.40%

1-bedroom Apartment, City Center (Monthly)

$446 ₦643.7K

$478 COP 1.8M

-6.53%

1-bedroom Apartment, Outside City Center (Monthly)

$427 ₦615.9K

$375 COP 1.4M

13.85%

3-bedroom Apartment, City Center (Monthly)

$1,222 ₦1.8M

$838 COP 3.2M

45.75%

3-bedroom Apartment, Outside City Center (Monthly)

$1,295 ₦1.9M

$727 COP 2.8M

78.07%

Buy Apartment in City Center (m2)

$838 ₦1.2M

$2,251 COP 8.6M

-62.77%

Buy Apartment Outside City Center (m2)

$53.2 ₦76.7K

$1,598 COP 6.1M

-96.67%

Average Monthly Net Salary (After Tax)

$115 ₦166.3K

$517 COP 2M

-77.69%

20-Year Fixed Mortgage Interest Rate (Annual %)

16.33

13.43

21.59%

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

Last update for Ibadan: November 30, 2025

Last update for Medellin: December 1, 2025

Digital Nomad Cost of Living Index

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