Last update: Oct 2026

Cost of Living Comparison Between Ikeja and Buenos Aires

For one person, living is cheaper in Buenos Aires: $1,656 a month against $2,415 in Ikeja, rent and utilities included – about $9,100 less a year. Higher rent and utilities in Ikeja outweigh lower spending on other living expenses.

118

Cost of Living Index in Ikeja
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Ikeja Living Index
80

Cost of Living Index in Buenos Aires
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Buenos Aires Living Index

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Ikeja

🇳🇬 Nigeria

$2,415

/mo nomad

Buenos Aires

🇦🇷 Argentina

$1,656

/mo nomad

Monthly Cost of Living

How much you'll spend in Ikeja and in Buenos Aires

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

Monthly costs for one person with rent: $2,415 in Ikeja versus $1,656 in Buenos Aires.

Ikeja $2,415
Buenos Aires $1,656

Estimated couple costs with rent: $4,119 in Ikeja versus $2,697 in Buenos Aires.

Ikeja $4,119
Buenos Aires $2,697

Monthly costs for a family of three with rent: $5,822 in Ikeja versus $3,737 in Buenos Aires.

Ikeja $5,822
Buenos Aires $3,737

Living in Ikeja is roughly 46% more expensive than in Buenos Aires, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Ikeja 79% above, Buenos Aires 23% above.

Meal at Budget Restaurant

$0.50 ₦670

$19.09 ARS 29.0K

-97.38%

Three-Course Dinner for Two, Mid-Range

$11.16 ₦14.8K

$65.8 ARS 99.9K

-83.04%

Fast Food Meal (McDonalds, etc)

$7.69 ₦10.2K

$13.20 ARS 20.0K

-41.74%

Cappuccino

$2.87 ₦3,815

$3.85 ARS 5,841

-25.45%

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

$0.13 ₦168

$1.99 ARS 3,020

-93.47%

Water (0.33 liter bottle)

$0.07 ₦91.8

$1.60 ARS 2,430

-95.63%

Local Beer (0.5 liter draught)

$0.29 ₦382

$3.93 ARS 5,959

-92.62%

Imported Beer (0.33 liter bottle)

$2.05 ₦2,731

$4.61 ARS 7,003

-55.53%

Milk (1 liter)

$0.77 ₦1,027

$1.50 ARS 2,272

-48.67%

White Bread (500g)

$0.73 ₦975

$2.53 ARS 3,837

-71.15%

Rice (white) (1kg)

$1.26 ₦1,675

$1.61 ARS 2,445

-21.74%

Eggs

$2.28 ₦3,026

$2.84 ARS 4,316

-19.72%

Local Cheese (1kg)

$3.45 ₦4,591

$10.30 ARS 15.6K

-66.50%

Chicken Fillets (1kg)

$3.93 ₦5,226

$10.00 ARS 15.2K

-60.70%

Beef Round Steak (1kg)

$4.56 ₦6,067

$13.30 ARS 20.2K

-65.71%

Apples (1kg)

$1.71 ₦2,276

$2.88 ARS 4,366

-40.63%

Banana (1kg)

$1.28 ₦1,709

$2.20 ARS 3,334

-41.82%

Oranges (1kg)

$1.14 ₦1,521

$1.40 ARS 2,120

-18.57%

Tomato (1kg)

$1.27 ₦1,692

$1.98 ARS 3,004

-35.86%

Potato (1kg)

$1.37 ₦1,824

$1.21 ARS 1,835

13.22%

Onion (1kg)

$1.35 ₦1,792

$1.26 ARS 1,910

7.14%

Lettuce (1 head)

$0.90 ₦1,194

$1.71 ARS 2,592

-47.37%

Water (1.5 liter bottle)

$0.37 ₦491

$1.72 ARS 2,603

-78.49%

Cigarettes 20 Pack (Marlboro, Camel)

$0.59 ₦788

$4.29 ARS 6,505

-86.25%

Wine (Bottle)

$2.43 ₦3,227

$5.70 ARS 8,645

-57.37%

Local Beer (0.5 liter bottle)

$0.54 ₦725

$2.17 ARS 3,288

-75.12%

Imported Beer (0.33 liter bottle)

$0.46 ₦617

$2.76 ARS 4,188

-83.33%

One-way Ticket (Public Transport)

$0.11 ₦141

$0.75 ARS 1,141

-85.33%

Public Transport Monthly Pass (Regular Price)

$3.41 ₦4,533

$27.27 ARS 41.4K

-87.50%

Taxi Start (Normal Tariff)

$0.71 ₦942

$1.57 ARS 2,375

-54.78%

Taxi (Normal Tariff) (1km)

$0.97 ₦1,292

$1.03 ARS 1,558

-5.83%

Taxi 1hour Waiting (Normal Tariff)

$2.16 ₦2,873

$7.90 ARS 12.0K

-72.66%

Gasoline (1 liter)

$0.16 ₦206

$1.42 ARS 2,160

-88.73%

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

$11.1K ₦14.8M

$27.9K ARS 42.4M

-60.26%

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

$13.5K ₦17.9M

$35.0K ARS 53.1M

-61.49%

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

$112 ₦149.5K

$195 ARS 296.2K

-42.41%

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

$14.52 ₦19.3K

$25.16 ARS 38.2K

-42.29%

Internet (50+ Mbps, Unlimited Data)

$33.03 ₦43.9K

$31.54 ARS 47.9K

4.72%

Gym Membership (Monthly)

$50.9 ARS 77.3K

Tennis Court (1 Hour on Weekend)

$16.73 ARS 25.4K

Cinema Ticket

$6.33 ₦8,413

$10.34 ARS 15.7K

-38.78%

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

$679 ₦902.6K

$463 ARS 703.2K

46.44%

International Primary School, 1 Child (Yearly)

$20.2K ₦26.9M

$8,793 ARS 13.3M

129.72%

Jeans (Levis 501 Or Similar)

$14.93 ₦19.9K

$120 ARS 181.8K

-87.54%

Summer Dress (H&M, Zara, etc)

$18.29 ₦24.3K

$95.5 ARS 144.9K

-80.84%

Sport Shoes (Adidas, Nike)

$36.31 ₦48.3K

$114 ARS 173.1K

-68.18%

Men's Leather Business Shoes

$48.50 ₦64.5K

$139 ARS 211.4K

-65.18%

1-bedroom Apartment, City Center (Monthly)

$3,485 ₦4.6M

$756 ARS 1.1M

360.78%

1-bedroom Apartment, Outside City Center (Monthly)

$1,989 ₦2.6M

$520 ARS 788.8K

282.64%

3-bedroom Apartment, City Center (Monthly)

$6,487 ₦8.6M

$1,590 ARS 2.4M

307.91%

3-bedroom Apartment, Outside City Center (Monthly)

$5,007 ₦6.7M

$1,198 ARS 1.8M

317.85%

Buy Apartment in City Center (m2)

$2,713 ARS 4.1M

Buy Apartment Outside City Center (m2)

$1,901 ARS 2.9M

Average Monthly Net Salary (After Tax)

$74.2 ₦98.7K

$938 ARS 1.4M

-92.08%

20-Year Fixed Mortgage Interest Rate (Annual %)

18.39

57.25

-67.88%

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

Last update for Ikeja: October 12, 2026

Last update for Buenos Aires: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Ikeja

$2K 82.4%

Buenos Aires

$520 31.4% 73.9% $1.5K

Monthly Utilities & Internet

Ikeja

$160 6.6%

Buenos Aires

$252 15.2% 57.5% $92

Groceries & Markets

Ikeja

$123 5.1%

Buenos Aires

$283 17.1% 130% $160

Eating Out

Ikeja

$68 2.8%

Buenos Aires

$282 17% 315% $214

Clothing & Footwear

Ikeja

$53 2.2%

Buenos Aires

$211 12.7% 297% $158

Sport & Entertainment

Ikeja

$13 * 0.5%

Buenos Aires

$72 4.3% 466% $59

Getting Around

Ikeja

$9.4 0.4%

Buenos Aires

$37 2.2% 293% $28

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 $3,485 in Ikeja and $756 in Buenos Aires. Housing cost is often the main lever when comparing two cities.

Buenos Aires pays 1163% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $11.00 in Ikeja vs $66.0 in Buenos Aires for a mid-range dinner for two. Groceries echo the gap at $123 vs $283 per month, with Ikeja cheaper across the board.

Good to know

🇳🇬 Ikeja

🇦🇷 Buenos Aires

🕒 Local time

15:43 3:43 PM

11:43 11:43 AM

4 h behind Ikeja

🌤 Weather

👥 Population

861,300

2,891,082 Capital

💱 Currency

Nigerian Naira NGN ₦

Argentine Peso ARS $

📈 Exchange rate

10,000 NGN = 7.52 USD

10,000 NGN = 6.69 EUR

10,000 ARS = 6.59 USD

10,000 ARS = 5.86 EUR

Exchange rates and currency converter

ARS, USD, EUR to NGN – Nigerian Naira Converter

🇺🇸 United States Dollar ($)

🇳🇬 Nigerian Naira (₦)

Nigerian Naira exchange rates as of October 19, 2026: 1 USD = 1,330 NGN (10,000 NGN = 7.52 USD). 1 EUR = 1,495 NGN (10,000 NGN = 6.69 EUR).

Argentine Peso exchange rates as of October 19, 2026: 1 USD = 1,517 ARS (10,000 ARS = 6.59 USD). 1 EUR = 1,706 ARS (10,000 ARS = 5.86 EUR).

USD to NGN in detail →

On the map

Lowest

Highest

Between locations

Ikeja Buenos Aires 7,920 km ≈ 10 h nonstop flight

From you

Ikeja
Buenos Aires

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

Ikeja vs Buenos Aires: Cost of Living - Frequently Asked Questions

Ikeja and Buenos Aires differ by about 46% in total monthly costs ($2,415 vs $1,656 including rent). Buenos Aires is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

On paper, salaries run 1163% lower in Buenos Aires. 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: $3,485 in Ikeja versus $756 in Buenos Aires. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $679 in Ikeja versus $463 in Buenos Aires. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Shoppers in Ikeja pay roughly 130% less for everyday groceries. It's an unusual reversal that partly offsets higher costs elsewhere.

At $1,656 in Buenos Aires versus $2,415 in Ikeja, a $3,000 budget is realistic in Buenos Aires but tight or insufficient in Ikeja. The gap between the two cities makes Buenos Aires 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.

Safety-wise, Ikeja and Buenos Aires 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 Buenos Aires gentler on the wallet – expenses run 46% less than in Ikeja. Beyond cost, consider language, visa policies, and how big the international community is in each city.