Last update: Oct 2026

Cost of Living Comparison Between Ikeja and Lisbon

For one person, living is cheaper in Lisbon: $2,210 a month against $2,392 in Ikeja, rent and utilities included – about $2,200 less a year. Higher rent and utilities in Ikeja outweigh lower spending on other living expenses.

117

Cost of Living Index in Ikeja
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Ikeja Living Index
107

Cost of Living Index in Lisbon
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Lisbon Living Index

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Ikeja

🇳🇬 Nigeria

$2,392

/mo nomad

Lisbon

🇵🇹 Portugal

$2,210

/mo nomad

Monthly Cost of Living

How much you'll spend in Ikeja and in Lisbon

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

A single person spends $2,392 per month in Ikeja vs $2,210 in Lisbon, rent included.

Ikeja $2,392
Lisbon $2,210

A couple spends around $4,077 per month in Ikeja vs $3,275 in Lisbon, rent included.

Ikeja $4,077
Lisbon $3,275

A family of three spends $5,762 per month in Ikeja vs $4,341 in Lisbon, rent included.

Ikeja $5,762
Lisbon $4,341

Ikeja costs about 8% more than Lisbon.

Both Ikeja and Lisbon sit above the global median – Ikeja by 76%, Lisbon by 62%.

Meal at Budget Restaurant

$0.49 ₦666

$16.65 €14.93

-97.06%

Three-Course Dinner for Two, Mid-Range

$11.21 ₦15.1K

$61.7 €55.4

-81.84%

Fast Food Meal (McDonalds, etc)

$7.56 ₦10.2K

$11.36 €10.19

-33.45%

Cappuccino

$2.84 ₦3,819

$2.97 €2.66

-4.38%

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

$0.14 ₦183

$2.29 €2.05

-93.89%

Water (0.33 liter bottle)

$0.07 ₦96.6

$1.74 €1.56

-95.98%

Local Beer (0.5 liter draught)

$0.29 ₦389

$3.40 €3.05

-91.47%

Imported Beer (0.33 liter bottle)

$2.02 ₦2,716

$3.31 €2.97

-38.97%

Milk (1 liter)

$0.72 ₦964

$1.16 €1.04

-37.93%

White Bread (500g)

$0.77 ₦1,032

$1.91 €1.71

-59.69%

Rice (white) (1kg)

$1.26 ₦1,699

$1.51 €1.36

-16.56%

Eggs

$2.25 ₦3,030

$4.02 €3.61

-44.03%

Local Cheese (1kg)

$3.59 ₦4,831

$12.94 €11.61

-72.26%

Chicken Fillets (1kg)

$3.81 ₦5,129

$7.77 €6.97

-50.97%

Beef Round Steak (1kg)

$4.56 ₦6,137

$17.76 €15.93

-74.32%

Apples (1kg)

$1.68 ₦2,262

$2.30 €2.07

-26.96%

Banana (1kg)

$1.32 ₦1,783

$1.73 €1.55

-23.70%

Oranges (1kg)

$1.13 ₦1,517

$1.86 €1.67

-39.25%

Tomato (1kg)

$1.54 ₦2,078

$2.59 €2.32

-40.54%

Potato (1kg)

$1.59 ₦2,138

$1.82 €1.63

-12.64%

Onion (1kg)

$1.56 ₦2,106

$1.97 €1.77

-20.81%

Lettuce (1 head)

$0.84 ₦1,127

$1.47 €1.32

-42.86%

Water (1.5 liter bottle)

$0.36 ₦487

$0.72 €0.65

-50.00%

Cigarettes 20 Pack (Marlboro, Camel)

$0.59 ₦792

$6.58 €5.91

-91.03%

Wine (Bottle)

$2.36 ₦3,175

$5.61 €5.03

-57.93%

Local Beer (0.5 liter bottle)

$0.54 ₦722

$1.36 €1.22

-60.29%

Imported Beer (0.33 liter bottle)

$0.50 ₦674

$2.14 €1.92

-76.64%

One-way Ticket (Public Transport)

$0.09 ₦127

$2.33 €2.09

-96.14%

Public Transport Monthly Pass (Regular Price)

$3.33 ₦4,488

$44.68 €40.08

-92.55%

Taxi Start (Normal Tariff)

$0.70 ₦943

$3.85 €3.45

-81.82%

Taxi (Normal Tariff) (1km)

$0.90 ₦1,213

$1.07 €0.96

-15.89%

Taxi 1hour Waiting (Normal Tariff)

$2.18 ₦2,936

$16.46 €14.77

-86.76%

Gasoline (1 liter)

$0.13 ₦176

$2.20 €1.97

-94.09%

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

$11.2K ₦15.1M

$34.2K €30.7K

-67.26%

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

$28.2K ₦38.0M

$38.7K €34.7K

-27.10%

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

$110 ₦148.2K

$161 €145

-31.75%

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

$14.51 ₦19.5K

$18.41 €16.51

-21.18%

Internet (50+ Mbps, Unlimited Data)

$33.25 ₦44.8K

$32.74 €29.37

1.56%

Gym Membership (Monthly)

$44.55 €39.96

Tennis Court (1 Hour on Weekend)

$19.10 €17.13

Cinema Ticket

$6.33 ₦8,523

$9.60 €8.61

-34.06%

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

$667 ₦898.3K

$668 €599

-0.07%

International Primary School, 1 Child (Yearly)

$19.5K ₦26.2M

$17.6K €15.8K

10.56%

Jeans (Levis 501 Or Similar)

$14.51 ₦19.5K

$102 €91.5

-85.78%

Summer Dress (H&M, Zara, etc)

$18.28 ₦24.6K

$44.46 €39.89

-58.88%

Sport Shoes (Adidas, Nike)

$36.38 ₦49.0K

$98.5 €88.4

-63.07%

Men's Leather Business Shoes

$48.13 ₦64.8K

$124 €111

-61.08%

1-bedroom Apartment, City Center (Monthly)

$3,483 ₦4.7M

$1,608 €1,443

116.57%

1-bedroom Apartment, Outside City Center (Monthly)

$1,968 ₦2.7M

$1,190 €1,067

65.40%

3-bedroom Apartment, City Center (Monthly)

$6,383 ₦8.6M

$2,812 €2,523

126.98%

3-bedroom Apartment, Outside City Center (Monthly)

$4,948 ₦6.7M

$2,013 €1,806

145.76%

Buy Apartment in City Center (m2)

$7,839 €7,032

Buy Apartment Outside City Center (m2)

$4,576 €4,104

Average Monthly Net Salary (After Tax)

$73.8 ₦99.3K

$1,575 €1,413

-95.32%

20-Year Fixed Mortgage Interest Rate (Annual %)

18.39

3.85

377.66%

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

Last update for Ikeja: October 25, 2026

Last update for Lisbon: October 27, 2026

Monthly budget structure

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

Accommodation & Living

Ikeja

$2K 82.3%

Lisbon

$1.2K 53.8% 39.5% $778

Monthly Utilities & Internet

Ikeja

$158 6.6%

Lisbon

$212 9.6% 34.6% $55

Groceries & Markets

Ikeja

$125 5.2%

Lisbon

$272 12.3% 118% $147

Eating Out

Ikeja

$67 2.8%

Lisbon

$243 11% 262% $176

Clothing & Footwear

Ikeja

$53 2.2%

Lisbon

$166 7.5% 214% $113

Sport & Entertainment

Ikeja

$13 * 0.5%

Lisbon

$64 2.9% 404% $51

Getting Around

Ikeja

$8.9 0.4%

Lisbon

$63 2.9% 609% $54

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

Cost Breakdown

A central one-bedroom costs $3,483 in Ikeja versus $1,608 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 in Lisbon are about 21 times higher, 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 in Ikeja versus $62 in Lisbon. Monthly groceries follow the same trend: $125 vs $272 – making Ikeja the more affordable choice for daily food spending.

Good to know

🇳🇬 Ikeja

🇵🇹 Lisbon

🕒 Local time

07:23 7:23 AM

06:23 6:23 AM

1 h behind Ikeja

🌤 Weather

👥 Population

861,300

545,923 Capital

💱 Currency

Nigerian Naira NGN ₦

Euro EUR €

📈 Exchange rate

10,000 NGN = 7.43 USD

10,000 NGN = 6.67 EUR

1 EUR = 1.11 USD

Exchange rates and currency converter

EUR, USD to NGN – Nigerian Naira Converter

🇺🇸 United States Dollar ($)

🇳🇬 Nigerian Naira (₦)

Nigerian Naira exchange rates as of October 28, 2026: 1 USD = 1,346 NGN (10,000 NGN = 7.43 USD). 1 EUR = 1,498 NGN (10,000 NGN = 6.67 EUR).

Euro exchange rates as of October 28, 2026: 1 USD = 0.897 EUR (1 EUR = 1.11 USD).

USD to NGN in detail →

On the map

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Highest

Between locations

Ikeja Lisbon 3,780 km ≈ 5 h nonstop flight

From you

Ikeja
Lisbon

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 Lisbon: Cost of Living - Frequently Asked Questions

For a comfortable life, plan on about $3,589 per month in Ikeja and $3,315 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: a one-bedroom in the center costs $1,608 there versus $3,483 in Ikeja.

Interestingly, groceries are about 54% 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 in Ikeja and $62 in Lisbon. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

$3,000 covers both cities comfortably – all-in costs are $2,392 in Ikeja and $2,210 in Lisbon, leaving budget for savings and extras in both cases.

It depends on your priorities. Lisbon has an edge in some lifestyle areas, with costs from $2,210 in Lisbon to $2,392 in Ikeja. Climate, culture, job market, and personal taste all factor in.