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

Monthly Cost of Living

A single person spends $1,056 per month in Ikeja vs $2,243 in Lisbon, rent included.

A couple spends around $1,641 per month in Ikeja vs $3,315 in Lisbon, rent included.

A family of three spends $2,227 per month in Ikeja vs $4,387 in Lisbon, rent included.

Ikeja is about 53% cheaper than Lisbon, driven mainly by Eating Out.

Ikeja sits 21% below the global median, while Lisbon is 67% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$1.50 ₦2,024

$15.73 €13.42

-90.46%

Three-Course Dinner for Two, Mid-Range

$32.42 ₦43.7K

$63.2 €53.9

-48.67%

Fast Food Meal (McDonalds, etc)

$5.26 ₦7,096

$10.32 €8.80

-49.03%

Cappuccino

$2.20 ₦2,962

$2.81 €2.40

-21.71%

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

$0.34 ₦456

$2.33 €1.99

-85.41%

Water (0.33 liter bottle)

$0.20 ₦270

$1.51 €1.29

-86.75%

Local Beer (0.5 liter draught)

$0.85 ₦1,140

$3.37 €2.87

-74.78%

Imported Beer (0.33 liter bottle)

$1.44 ₦1,947

$3.91 €3.34

-63.17%

Milk (1 liter)

$2.11 ₦2,853

$1.08 €0.92

95.37%

White Bread (500g)

$1.24 ₦1,674

$1.75 €1.49

-29.14%

Rice (white) (1kg)

$2.33 ₦3,144

$1.75 €1.50

33.14%

Eggs

$1.76 ₦2,370

$3.10 €2.64

-43.23%

Local Cheese (1kg)

$6.25 ₦8,432

$13.28 €11.33

-52.94%

Chicken Fillets (1kg)

$4.16 ₦5,608

$7.85 €6.70

-47.01%

Beef Round Steak (1kg)

$5.30 ₦7,154

$16.05 €13.69

-66.98%

Apples (1kg)

$3.60 ₦4,851

$2.39 €2.04

50.63%

Banana (1kg)

$2.03 ₦2,742

$1.72 €1.47

18.02%

Oranges (1kg)

$2.10 ₦2,833

$1.97 €1.68

6.60%

Tomato (1kg)

$2.37 ₦3,192

$2.55 €2.17

-7.06%

Potato (1kg)

$2.38 ₦3,206

$1.79 €1.53

32.96%

Onion (1kg)

$2.01 ₦2,706

$1.97 €1.68

2.03%

Lettuce (1 head)

$2.00 ₦2,693

$1.96 €1.67

2.04%

Water (1.5 liter bottle)

$0.35 ₦477

$0.84 €0.71

-58.33%

Cigarettes 20 Pack (Marlboro, Camel)

$1.26 ₦1,705

$6.82 €5.82

-81.52%

Wine (Bottle)

$3.14 ₦4,232

$5.85 €4.99

-46.32%

Local Beer (0.5 liter bottle)

$0.64 ₦857

$1.38 €1.18

-53.62%

Imported Beer (0.33 liter bottle)

$0.95 ₦1,276

$2.92 €2.49

-67.47%

One-way Ticket (Public Transport)

$0.31 ₦425

$2.29 €1.95

-86.46%

Public Transport Monthly Pass (Regular Price)

$9.91 ₦13.4K

$46.88 €39.99

-78.86%

Taxi Start (Normal Tariff)

$1.24 ₦1,667

$4.12 €3.51

-69.90%

Taxi (Normal Tariff) (1km)

$2.15 ₦2,899

$0.81 €0.69

165.43%

Taxi 1hour Waiting (Normal Tariff)

$4.61 ₦6,221

$18.94 €16.16

-75.66%

Gasoline (1 liter)

$0.38 ₦515

$2.09 €1.78

-81.82%

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

$20.2K ₦27.2M

$35.1K €30.0K

-42.61%

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

$20.9K ₦28.2M

$39.7K €33.9K

-47.44%

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

$41.16 ₦55.5K

$150 €128

-72.48%

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

$10.05 ₦13.6K

$20.49 €17.48

-50.95%

Internet (50+ Mbps, Unlimited Data)

$33.91 ₦45.7K

$39.15 €33.40

-13.38%

Gym Membership (Monthly)

$49.65 €42.35

Tennis Court (1 Hour on Weekend)

$18.47 €15.76

Cinema Ticket

$6.47 ₦8,728

$9.20 €7.84

-29.67%

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

$83.2 ₦112.2K

$624 €533

-86.68%

International Primary School, 1 Child (Yearly)

$2,341 ₦3.2M

$15.9K €13.6K

-85.28%

Jeans (Levis 501 Or Similar)

$19.37 ₦26.1K

$102 €87.2

-81.04%

Summer Dress (H&M, Zara, etc)

$24.74 ₦33.4K

$40.88 €34.87

-39.48%

Sport Shoes (Adidas, Nike)

$63.4 ₦85.5K

$95.7 €81.6

-33.80%

Men's Leather Business Shoes

$58.1 ₦78.4K

$121 €103

-51.99%

1-bedroom Apartment, City Center (Monthly)

$845 ₦1.1M

$1,653 €1,410

-48.85%

1-bedroom Apartment, Outside City Center (Monthly)

$614 ₦827.9K

$1,233 €1,051

-50.21%

3-bedroom Apartment, City Center (Monthly)

$1,906 ₦2.6M

$3,043 €2,596

-37.37%

3-bedroom Apartment, Outside City Center (Monthly)

$1,195 ₦1.6M

$2,059 €1,756

-41.99%

Buy Apartment in City Center (m2)

$7,879 €6,720

Buy Apartment Outside City Center (m2)

$4,303 €3,671

Average Monthly Net Salary (After Tax)

$126 ₦169.6K

$1,566 €1,336

-91.97%

20-Year Fixed Mortgage Interest Rate (Annual %)

16.33

3.81

328.61%

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

Last update for Ikeja: April 20, 2026

Last update for Lisbon: April 21, 2026

Cost Breakdown

A central one-bedroom costs $845 in Ikeja versus $1,653 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 1146% higher in Lisbon, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $32 in Ikeja versus $63 in Lisbon. Monthly groceries follow the same trend: $190 vs $270 – 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

Lisbon costs about 113% more than Ikeja, 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 $1,583 per month in Ikeja and $3,365 in Lisbon. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Groceries cost about 41% more in Lisbon, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A mid-range dinner for two costs $32.00 in Ikeja and $63.0 in Lisbon. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

A $1,000 monthly budget goes further in Ikeja, where all-in costs run around $1,056, than in Lisbon at $2,243. In Ikeja it covers expenses comfortably, while in Lisbon it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Ikeja costs $1,056 versus $2,243 in Lisbon. 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 Ikeja. If higher salaries, better infrastructure, or specific career opportunities are the priority, Lisbon makes more sense. Both are solid long-term options with distinct trade-offs.