Cost of Living Comparison Between Ibadan and Mexico City Cost of Living Comparison Between Ibadan and Mexico City

Monthly Cost of Living

Monthly costs for one person with rent: $250 in Ibadan versus $1,677 in Mexico City.

Estimated couple costs with rent: $558 in Ibadan versus $2,608 in Mexico City.

Monthly costs for a family of three with rent: $866 in Ibadan versus $3,540 in Mexico City.

Living in Ibadan costs roughly 85% less than in Mexico City, driven mainly by Groceries & Markets.

The two cities straddle the global median: Ibadan is 82% below, Mexico City is 22% above.

Meal at Budget Restaurant

$1.11 ₦1,476

$12.14 MX$206

-90.86%

Three-Course Dinner for Two, Mid-Range

$30.24 ₦40.1K

$53.9 MX$914

-43.90%

Fast Food Meal (McDonalds, etc)

$6.09 ₦8,073

$11.09 MX$188

-45.09%

Cappuccino

$0.80 ₦1,066

$4.10 MX$69.5

-80.49%

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

$0.20 ₦265

$1.68 MX$28.53

-88.10%

Water (0.33 liter bottle)

$0.12 ₦153

$1.39 MX$23.55

-91.37%

Local Beer (0.5 liter draught)

$0.58 ₦771

$3.33 MX$56.5

-82.58%

Imported Beer (0.33 liter bottle)

$1.15 ₦1,528

$5.88 MX$99.7

-80.44%

Milk (1 liter)

$0.59 ₦787

$1.85 MX$31.41

-68.11%

White Bread (500g)

$0.60 ₦791

$3.17 MX$53.8

-81.07%

Rice (white) (1kg)

$1.11 ₦1,476

$2.07 MX$35.13

-46.38%

Eggs

$1.53 ₦2,034

$2.93 MX$49.67

-47.78%

Local Cheese (1kg)

$3.52 ₦4,667

$12.59 MX$214

-72.04%

Chicken Fillets (1kg)

$3.89 ₦5,153

$10.11 MX$172

-61.52%

Beef Round Steak (1kg)

$0.75 ₦993

$16.09 MX$273

-95.34%

Apples (1kg)

$1.67 ₦2,209

$3.39 MX$57.5

-50.74%

Banana (1kg)

$1.32 ₦1,743

$2.08 MX$35.26

-36.54%

Oranges (1kg)

$1.13 ₦1,501

$2.12 MX$35.97

-46.70%

Tomato (1kg)

$0.29 ₦382

$2.41 MX$40.95

-87.97%

Potato (1kg)

$0.58 ₦774

$2.13 MX$36.11

-72.77%

Onion (1kg)

$0.24 ₦319

$2.01 MX$34.02

-88.06%

Lettuce (1 head)

$0.22 ₦290

$1.55 MX$26.21

-85.81%

Water (1.5 liter bottle)

$0.14 ₦181

$1.36 MX$23.15

-89.71%

Cigarettes 20 Pack (Marlboro, Camel)

$0.59 ₦784

$5.77 MX$97.8

-89.77%

Wine (Bottle)

$1.12 ₦1,482

$17.74 MX$301

-93.69%

Local Beer (0.5 liter bottle)

$0.41 ₦542

$2.07 MX$35.11

-80.19%

Imported Beer (0.33 liter bottle)

$0.46 ₦616

$4.61 MX$78.3

-90.02%

One-way Ticket (Public Transport)

$0.12 ₦162

$0.37 MX$6.21

-67.57%

Public Transport Monthly Pass (Regular Price)

$21.18 MX$359

Taxi Start (Normal Tariff)

$0.70 ₦933

$2.05 MX$34.84

-65.85%

Taxi (Normal Tariff) (1km)

$0.62 ₦827

$0.58 MX$9.79

6.90%

Taxi 1hour Waiting (Normal Tariff)

$1.13 ₦1,492

$6.07 MX$103

-81.38%

Gasoline (1 liter)

$0.55 ₦734

$1.55 MX$26.34

-64.52%

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

$4,162 ₦5.5M

$22.9K MX$388.1K

-81.81%

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

$14.0K ₦18.5M

$27.2K MX$462.0K

-48.75%

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

$11.27 ₦14.9K

$67.4 MX$1,144

-83.28%

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

$3.81 ₦5,047

$30.62 MX$520

-87.56%

Internet (50+ Mbps, Unlimited Data)

$9.06 ₦12.0K

$37.24 MX$632

-75.67%

Gym Membership (Monthly)

$21.77 ₦28.9K

$61.5 MX$1,043

-64.58%

Tennis Court (1 Hour on Weekend)

$27.12 MX$460

Cinema Ticket

$1.54 ₦2,035

$7.11 MX$121

-78.34%

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

$48.73 ₦64.6K

$456 MX$7,739

-89.32%

International Primary School, 1 Child (Yearly)

$627 ₦831.4K

$13.7K MX$232.3K

-95.42%

Jeans (Levis 501 Or Similar)

$12.16 ₦16.1K

$74.2 MX$1,259

-83.61%

Summer Dress (H&M, Zara, etc)

$5.80 ₦7,689

$57.0 MX$967

-89.83%

Sport Shoes (Adidas, Nike)

$15.07 ₦20.0K

$115 MX$1,958

-86.94%

Men's Leather Business Shoes

$21.64 ₦28.7K

$122 MX$2,061

-82.19%

1-bedroom Apartment, City Center (Monthly)

$124 ₦164.4K

$1,148 MX$19.5K

-89.19%

1-bedroom Apartment, Outside City Center (Monthly)

$45.33 ₦60.1K

$709 MX$12.0K

-93.61%

3-bedroom Apartment, City Center (Monthly)

$461 ₦611.0K

$2,577 MX$43.7K

-82.11%

3-bedroom Apartment, Outside City Center (Monthly)

$308 ₦408.2K

$1,295 MX$22.0K

-76.22%

Buy Apartment in City Center (m2)

$875 ₦1.2M

$4,005 MX$67.9K

-78.16%

Buy Apartment Outside City Center (m2)

$30.87 ₦40.9K

$2,130 MX$36.1K

-98.55%

Average Monthly Net Salary (After Tax)

$58.2 ₦77.2K

$1,082 MX$18.4K

-94.62%

20-Year Fixed Mortgage Interest Rate (Annual %)

18.05

11.3

59.73%

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

Last update for Ibadan: September 7, 2026

Last update for Mexico City: September 6, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $124 in Ibadan and $1,148 in Mexico City. Housing cost is often the main lever when comparing two cities.

Mexico City pays 1758% 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: $30.00 in Ibadan vs $54.0 in Mexico City for a mid-range dinner for two. Groceries echo the gap at $87.0 vs $345 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 Mexico City: Cost of Living - Frequently Asked Questions

Ibadan wins on cost – living expenses run 570% lower than in Mexico City. Housing and daily spending are where you'll feel the difference most, making Ibadan the obvious pick if budget is a priority.

On paper, salaries run 1758% lower in Mexico City. 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: $124 in Ibadan versus $1,148 in Mexico City. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $48.73 in Ibadan versus $456 in Mexico City. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Ibadan – a meal for two runs $30.00 versus $54.0 in Mexico City. If you eat out regularly, this makes a real dent in your monthly spending.

At $250 in Ibadan versus $1,677 in Mexico City, a $1,000 budget is realistic in Ibadan but tight or insufficient in Mexico City. 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 $250 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Ibadan hard to pass up.

Expats usually find Ibadan gentler on the wallet – expenses run 570% less than in Mexico City. Beyond cost, consider language, visa policies, and how big the international community is in each city.