Cost of Living Comparison Between Ikeja and Lisbon Cost of Living Comparison Between Ikeja and Lisbon

Monthly Cost of Living

A single person spends $2,411 per month in Ikeja vs $2,268 in Lisbon, rent included.

A couple spends around $4,102 per month in Ikeja vs $3,348 in Lisbon, rent included.

A family of three spends $5,792 per month in Ikeja vs $4,429 in Lisbon, rent included.

Ikeja costs about 6% more than Lisbon, driven mainly by Eating Out.

Both Ikeja and Lisbon sit above the global median – Ikeja by 75%, Lisbon by 64%.

Meal at Budget Restaurant

$0.53 ₦706

$17.55 €15.12

-96.98%

Three-Course Dinner for Two, Mid-Range

$11.37 ₦15.1K

$64.5 €55.6

-82.37%

Fast Food Meal (McDonalds, etc)

$7.41 ₦9,821

$11.65 €10.04

-36.39%

Cappuccino

$2.72 ₦3,600

$3.26 €2.81

-16.56%

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

$0.15 ₦196

$2.49 €2.15

-93.98%

Water (0.33 liter bottle)

$0.06 ₦81.8

$1.67 €1.44

-96.41%

Local Beer (0.5 liter draught)

$0.31 ₦412

$3.47 €2.99

-91.07%

Imported Beer (0.33 liter bottle)

$2.02 ₦2,677

$3.58 €3.08

-43.58%

Milk (1 liter)

$0.72 ₦956

$1.18 €1.02

-38.98%

White Bread (500g)

$0.72 ₦953

$1.95 €1.68

-63.08%

Rice (white) (1kg)

$1.20 ₦1,594

$1.56 €1.35

-23.08%

Eggs

$2.23 ₦2,955

$4.01 €3.46

-44.39%

Local Cheese (1kg)

$3.56 ₦4,719

$13.27 €11.44

-73.17%

Chicken Fillets (1kg)

$3.98 ₦5,272

$8.42 €7.26

-52.73%

Beef Round Steak (1kg)

$4.43 ₦5,869

$18.23 €15.72

-75.70%

Apples (1kg)

$1.70 ₦2,257

$2.32 €2.00

-26.72%

Banana (1kg)

$1.29 ₦1,712

$1.73 €1.49

-25.43%

Oranges (1kg)

$1.13 ₦1,499

$1.93 €1.67

-41.45%

Tomato (1kg)

$1.27 ₦1,679

$2.64 €2.27

-51.89%

Potato (1kg)

$1.32 ₦1,745

$1.90 €1.64

-30.53%

Onion (1kg)

$1.30 ₦1,717

$2.11 €1.82

-38.39%

Lettuce (1 head)

$0.83 ₦1,104

$1.44 €1.24

-42.36%

Water (1.5 liter bottle)

$0.39 ₦519

$0.80 €0.69

-51.25%

Cigarettes 20 Pack (Marlboro, Camel)

$0.55 ₦724

$7.01 €6.04

-92.15%

Wine (Bottle)

$2.68 ₦3,553

$5.92 €5.11

-54.73%

Local Beer (0.5 liter bottle)

$0.54 ₦720

$1.36 €1.18

-60.29%

Imported Beer (0.33 liter bottle)

$0.46 ₦608

$2.15 €1.85

-78.60%

One-way Ticket (Public Transport)

$0.10 ₦131

$2.38 €2.05

-95.80%

Public Transport Monthly Pass (Regular Price)

$3.44 ₦4,562

$46.22 €39.85

-92.56%

Taxi Start (Normal Tariff)

$0.70 ₦921

$4.19 €3.61

-83.29%

Taxi (Normal Tariff) (1km)

$0.92 ₦1,213

$1.10 €0.95

-16.36%

Taxi 1hour Waiting (Normal Tariff)

$2.23 ₦2,961

$17.26 €14.88

-87.08%

Gasoline (1 liter)

$0.14 ₦186

$2.25 €1.94

-93.78%

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

$11.2K ₦14.9M

$34.5K €29.7K

-67.38%

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

$13.4K ₦17.7M

$41.6K €35.9K

-67.87%

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

$110 ₦145.3K

$171 €147

-35.83%

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

$16.20 ₦21.5K

$19.01 €16.38

-14.78%

Internet (50+ Mbps, Unlimited Data)

$33.03 ₦43.8K

$34.28 €29.55

-3.65%

Gym Membership (Monthly)

$49.65 €42.80

Tennis Court (1 Hour on Weekend)

$19.51 €16.81

Cinema Ticket

$4.67 ₦6,193

$10.10 €8.71

-53.76%

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

$662 ₦877.0K

$699 €603

-5.35%

International Primary School, 1 Child (Yearly)

$19.6K ₦26.0M

$17.8K €15.3K

10.53%

Jeans (Levis 501 Or Similar)

$14.46 ₦19.2K

$105 €90.2

-86.18%

Summer Dress (H&M, Zara, etc)

$18.41 ₦24.4K

$47.97 €41.35

-61.62%

Sport Shoes (Adidas, Nike)

$35.95 ₦47.6K

$102 €87.8

-64.71%

Men's Leather Business Shoes

$47.64 ₦63.1K

$128 €111

-62.87%

1-bedroom Apartment, City Center (Monthly)

$3,447 ₦4.6M

$1,661 €1,432

107.45%

1-bedroom Apartment, Outside City Center (Monthly)

$1,984 ₦2.6M

$1,228 €1,059

61.52%

3-bedroom Apartment, City Center (Monthly)

$6,568 ₦8.7M

$2,915 €2,513

125.30%

3-bedroom Apartment, Outside City Center (Monthly)

$4,908 ₦6.5M

$2,023 €1,744

142.59%

Buy Apartment in City Center (m2)

$8,129 €7,007

Buy Apartment Outside City Center (m2)

$4,635 €3,996

Average Monthly Net Salary (After Tax)

$74.0 ₦98.1K

$1,619 €1,396

-95.43%

20-Year Fixed Mortgage Interest Rate (Annual %)

18.05

3.78

377.51%

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

Last update for Ikeja: September 7, 2026

Last update for Lisbon: September 5, 2026

Cost Breakdown

A central one-bedroom costs $3,447 in Ikeja versus $1,661 in Lisbon. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 2089% higher in Lisbon, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $11.00 in Ikeja versus $64.0 in Lisbon. Monthly groceries follow the same trend: $123 vs $281 – making Ikeja the more affordable choice for daily food spending.

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 Lisbon: Cost of Living - Frequently Asked Questions

Ikeja costs about 6% more than Lisbon, with the gap driven mainly by Eating Out. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $3,617 per month in Ikeja and $3,402 in Lisbon. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Lisbon, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Interestingly, groceries are about 129% cheaper in Ikeja – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.

A mid-range dinner for two costs $11.00 in Ikeja and $64.0 in Lisbon. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

$3,000 is a stretch for both – monthly costs hit $2,411 in Ikeja and $2,268 in Lisbon. You'll need shared housing and careful budgeting no matter which city you pick.

For digital nomads, it depends on budget. Lisbon costs $2,268 versus $2,411 in Ikeja. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Lisbon. If higher salaries, better infrastructure, or specific career opportunities are the priority, Ikeja makes more sense. Both are solid long-term options with distinct trade-offs.