Last update: Oct 2026

Cost of Living Comparison Between Ibadan and Mexico City

For one person, living is cheaper in Ibadan: $251 a month against $1,608 in Mexico City, rent and utilities included – about $16,300 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
78

Cost of Living Index in Mexico City
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Mexico City Living Index

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Ibadan

🇳🇬 Nigeria

$251

/mo nomad

Mexico City

🇲🇽 Mexico

$1,608

/mo nomad

Monthly Cost of Living

How much you'll spend in Ibadan and in Mexico City

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 Mexico City actually costs, broken down by who's living it.

Monthly costs for one person with rent: $251 in Ibadan versus $1,608 in Mexico City.

Ibadan $251
Mexico City $1,608

Estimated couple costs with rent: $558 in Ibadan versus $2,549 in Mexico City.

Ibadan $558
Mexico City $2,549

Monthly costs for a family of three with rent: $865 in Ibadan versus $3,490 in Mexico City.

Ibadan $865
Mexico City $3,490

Living in Ibadan costs roughly 84% less than in Mexico City, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: Ibadan is 82% below, Mexico City is 18% above.

Meal at Budget Restaurant

$1.10 ₦1,471

$10.62 MX$198

-89.64%

Three-Course Dinner for Two, Mid-Range

$29.84 ₦40.0K

$48.35 MX$901

-38.28%

Fast Food Meal (McDonalds, etc)

$6.06 ₦8,127

$10.35 MX$193

-41.45%

Cappuccino

$0.78 ₦1,046

$3.69 MX$68.8

-78.86%

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

$0.22 ₦295

$1.67 MX$31.07

-86.83%

Water (0.33 liter bottle)

$0.13 ₦179

$1.27 MX$23.59

-89.76%

Local Beer (0.5 liter draught)

$0.53 ₦715

$3.19 MX$59.5

-83.39%

Imported Beer (0.33 liter bottle)

$1.15 ₦1,545

$5.31 MX$98.9

-78.34%

Milk (1 liter)

$0.58 ₦782

$1.72 MX$32.15

-66.28%

White Bread (500g)

$0.60 ₦798

$3.04 MX$56.7

-80.26%

Rice (white) (1kg)

$1.10 ₦1,478

$1.94 MX$36.19

-43.30%

Eggs

$1.57 ₦2,102

$2.89 MX$53.8

-45.67%

Local Cheese (1kg)

$3.62 ₦4,857

$10.97 MX$205

-67.00%

Chicken Fillets (1kg)

$3.83 ₦5,129

$9.25 MX$172

-58.59%

Beef Round Steak (1kg)

$0.72 ₦962

$15.13 MX$282

-95.24%

Apples (1kg)

$1.64 ₦2,203

$3.05 MX$56.8

-46.23%

Banana (1kg)

$1.27 ₦1,696

$1.94 MX$36.19

-34.54%

Oranges (1kg)

$1.09 ₦1,464

$2.03 MX$37.75

-46.31%

Tomato (1kg)

$0.29 ₦388

$2.31 MX$43.15

-87.45%

Potato (1kg)

$0.57 ₦769

$2.04 MX$37.94

-72.06%

Onion (1kg)

$0.23 ₦308

$1.80 MX$33.55

-87.22%

Lettuce (1 head)

$0.21 ₦281

$1.48 MX$27.58

-85.81%

Water (1.5 liter bottle)

$0.12 ₦159

$1.27 MX$23.63

-90.55%

Cigarettes 20 Pack (Marlboro, Camel)

$0.58 ₦781

$5.30 MX$98.9

-89.06%

Wine (Bottle)

$1.11 ₦1,484

$16.10 MX$300

-93.11%

Local Beer (0.5 liter bottle)

$0.40 ₦531

$1.98 MX$36.97

-79.80%

Imported Beer (0.33 liter bottle)

$0.50 ₦669

$4.25 MX$79.3

-88.24%

One-way Ticket (Public Transport)

$0.14 ₦187

$0.31 MX$5.69

-54.84%

Public Transport Monthly Pass (Regular Price)

$19.73 MX$368

Taxi Start (Normal Tariff)

$0.66 ₦884

$1.84 MX$34.25

-64.13%

Taxi (Normal Tariff) (1km)

$0.62 ₦825

$0.53 MX$9.94

16.98%

Taxi 1hour Waiting (Normal Tariff)

$1.14 ₦1,523

$5.30 MX$98.7

-78.49%

Gasoline (1 liter)

$0.57 ₦759

$1.51 MX$28.16

-62.25%

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

$4,183 ₦5.6M

$21.8K MX$405.5K

-80.77%

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

$29.0K ₦38.8M

$24.0K MX$447.1K

20.78%

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

$11.37 ₦15.2K

$63.0 MX$1,174

-81.95%

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

$3.83 ₦5,129

$27.39 MX$511

-86.02%

Internet (50+ Mbps, Unlimited Data)

$8.60 ₦11.5K

$35.67 MX$665

-75.89%

Gym Membership (Monthly)

$21.27 ₦28.5K

$58.9 MX$1,099

-63.91%

Tennis Court (1 Hour on Weekend)

$23.64 MX$441

Cinema Ticket

$1.47 ₦1,973

$6.40 MX$119

-77.03%

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

$48.34 ₦64.8K

$432 MX$8,045

-88.80%

International Primary School, 1 Child (Yearly)

$622 ₦833.1K

$11.4K MX$212.9K

-94.56%

Jeans (Levis 501 Or Similar)

$11.76 ₦15.8K

$68.2 MX$1,272

-82.76%

Summer Dress (H&M, Zara, etc)

$5.62 ₦7,529

$53.1 MX$990

-89.42%

Sport Shoes (Adidas, Nike)

$14.86 ₦19.9K

$108 MX$2,009

-86.21%

Men's Leather Business Shoes

$20.99 ₦28.1K

$117 MX$2,186

-82.10%

1-bedroom Apartment, City Center (Monthly)

$123 ₦165.0K

$1,113 MX$20.8K

-88.94%

1-bedroom Apartment, Outside City Center (Monthly)

$45.67 ₦61.2K

$710 MX$13.2K

-93.57%

3-bedroom Apartment, City Center (Monthly)

$444 ₦594.5K

$2,588 MX$48.2K

-82.86%

3-bedroom Apartment, Outside City Center (Monthly)

$293 ₦392.4K

$1,406 MX$26.2K

-79.18%

Buy Apartment in City Center (m2)

$849 ₦1.1M

$3,631 MX$67.7K

-76.62%

Buy Apartment Outside City Center (m2)

$30.37 ₦40.7K

$2,135 MX$39.8K

-98.58%

Average Monthly Net Salary (After Tax)

$57.7 ₦77.3K

$946 MX$17.6K

-93.90%

20-Year Fixed Mortgage Interest Rate (Annual %)

18.39

11.35

62.03%

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

Last update for Ibadan: October 26, 2026

Last update for Mexico City: October 25, 2026

Monthly budget structure

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

Groceries & Markets

Ibadan

$86 34.3%

Mexico City

$320 19.9% 272% $234

Accommodation & Living

Ibadan

$46 18.2%

Mexico City

$710 44.2% 1456% $665

Eating Out

Ibadan

$43 17.1%

Mexico City

$199 12.4% 365% $156

Sport & Entertainment

Ibadan

$24 9.7%

Mexico City

$72 4.5% 196% $48

Clothing & Footwear

Ibadan

$24 9.6%

Mexico City

$156 9.7% 551% $132

Monthly Utilities & Internet

Ibadan

$24 9.5%

Mexico City

$126 7.8% 430% $102

Getting Around

Ibadan

$4.3 * 1.7%

Mexico City

$25 1.6% 494% $21

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

Cost Breakdown

A one-bedroom apartment in the center runs $123 in Ibadan and $1,113 in Mexico City. Housing cost is often the main lever when comparing two cities.

Mexico City pays about 16 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $30 in Ibadan vs $48 in Mexico City for a mid-range dinner for two. Groceries echo the gap at $86 vs $320 per month, with Ibadan cheaper across the board.

Good to know

🇳🇬 Ibadan

🇲🇽 Mexico City

🕒 Local time

18:59 6:59 PM

11:59 11:59 AM

7 h behind Ibadan

🌤 Weather

👥 Population

3,034,200

9,209,944 Capital

💱 Currency

Nigerian Naira NGN ₦

Mexican Peso MXN $

📈 Exchange rate

10,000 NGN = 7.46 USD

10,000 NGN = 6.7 EUR

100 MXN = 5.36 USD

100 MXN = 4.82 EUR

Exchange rates and currency converter

MXN, 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).

Mexican Peso exchange rates as of October 28, 2026: 1 USD = 18.64 MXN (100 MXN = 5.36 USD). 1 EUR = 20.75 MXN (100 MXN = 4.82 EUR).

USD to NGN in detail →

On the map

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Between locations

Ibadan Mexico City 11,080 km ≈ 14 h nonstop flight

From you

Ibadan
Mexico City

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 Mexico City: Cost of Living - Frequently Asked Questions

Ibadan wins on cost – living expenses run 84% 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 94% lower in Ibadan. 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: $123 in Ibadan versus $1,113 in Mexico City. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $48 in Ibadan versus $432 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 versus $48 in Mexico City. If you eat out regularly, this makes a real dent in your monthly spending.

At $251 in Ibadan versus $1,608 in Mexico City, a $800 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 cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

It comes down to priorities – Ibadan wins on affordability, Mexico City on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.