Cost of Living Comparison Between Ikeja and Mexico City Cost of Living Comparison Between Ikeja and Mexico City

Monthly Cost of Living

A single person spends $2,439 per month in Ikeja vs $1,660 in Mexico City, rent included.

A couple spends around $4,172 per month in Ikeja vs $2,565 in Mexico City, rent included.

A family of three spends $5,905 per month in Ikeja vs $3,470 in Mexico City, rent included.

Ikeja costs about 47% more than Mexico City, driven mainly by Groceries & Markets.

Both Ikeja and Mexico City sit above the global median – Ikeja by 78%, Mexico City by 21%.

Meal at Budget Restaurant

$0.55 ₦729

$11.92 MX$205

-95.39%

Three-Course Dinner for Two, Mid-Range

$11.09 ₦14.7K

$51.6 MX$889

-78.51%

Fast Food Meal (McDonalds, etc)

$7.60 ₦10.1K

$11.41 MX$197

-33.39%

Cappuccino

$2.85 ₦3,791

$3.99 MX$68.8

-28.57%

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

$0.12 ₦154

$1.66 MX$28.57

-92.77%

Water (0.33 liter bottle)

$0.08 ₦113

$1.33 MX$22.84

-93.98%

Local Beer (0.5 liter draught)

$0.31 ₦417

$3.47 MX$59.8

-91.07%

Imported Beer (0.33 liter bottle)

$2.01 ₦2,672

$5.90 MX$102

-65.93%

Milk (1 liter)

$0.76 ₦1,012

$1.88 MX$32.31

-59.57%

White Bread (500g)

$0.79 ₦1,045

$3.25 MX$56.0

-75.69%

Rice (white) (1kg)

$1.26 ₦1,670

$2.16 MX$37.21

-41.67%

Eggs

$2.28 ₦3,029

$2.90 MX$49.87

-21.38%

Local Cheese (1kg)

$3.64 ₦4,834

$12.86 MX$221

-71.70%

Chicken Fillets (1kg)

$3.94 ₦5,238

$10.05 MX$173

-60.80%

Beef Round Steak (1kg)

$4.55 ₦6,050

$15.86 MX$273

-71.31%

Apples (1kg)

$1.69 ₦2,245

$3.29 MX$56.7

-48.63%

Banana (1kg)

$1.24 ₦1,643

$2.01 MX$34.55

-38.31%

Oranges (1kg)

$1.15 ₦1,530

$2.20 MX$37.88

-47.73%

Tomato (1kg)

$1.27 ₦1,694

$2.36 MX$40.57

-46.19%

Potato (1kg)

$1.38 ₦1,827

$2.05 MX$35.38

-32.68%

Onion (1kg)

$1.31 ₦1,740

$1.90 MX$32.75

-31.05%

Lettuce (1 head)

$0.90 ₦1,194

$1.61 MX$27.64

-44.10%

Water (1.5 liter bottle)

$0.37 ₦491

$1.40 MX$24.05

-73.57%

Cigarettes 20 Pack (Marlboro, Camel)

$0.56 ₦743

$5.46 MX$94.1

-89.74%

Wine (Bottle)

$2.72 ₦3,611

$17.65 MX$304

-84.59%

Local Beer (0.5 liter bottle)

$0.55 ₦725

$2.06 MX$35.39

-73.30%

Imported Beer (0.33 liter bottle)

$0.49 ₦657

$4.68 MX$80.7

-89.53%

One-way Ticket (Public Transport)

$0.13 ₦167

$0.34 MX$5.83

-61.76%

Public Transport Monthly Pass (Regular Price)

$3.48 ₦4,617

$20.81 MX$358

-83.28%

Taxi Start (Normal Tariff)

$0.67 ₦884

$2.10 MX$36.11

-68.10%

Taxi (Normal Tariff) (1km)

$0.91 ₦1,208

$0.56 MX$9.63

62.50%

Taxi 1hour Waiting (Normal Tariff)

$2.18 ₦2,891

$5.81 MX$100

-62.48%

Gasoline (1 liter)

$0.16 ₦209

$1.61 MX$27.65

-90.06%

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

$11.2K ₦14.9M

$22.8K MX$393.3K

-50.91%

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

$13.8K ₦18.4M

$26.8K MX$460.6K

-48.27%

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

$110 ₦146.4K

$65.2 MX$1,122

69.07%

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

$16.24 ₦21.6K

$30.09 MX$518

-46.03%

Internet (50+ Mbps, Unlimited Data)

$32.10 ₦42.6K

$37.18 MX$640

-13.66%

Gym Membership (Monthly)

$59.8 MX$1,029

Tennis Court (1 Hour on Weekend)

$26.55 MX$457

Cinema Ticket

$4.89 ₦6,495

$7.04 MX$121

-30.54%

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

$663 ₦880.4K

$465 MX$8,001

42.64%

International Primary School, 1 Child (Yearly)

$19.8K ₦26.3M

$13.3K MX$228.6K

49.28%

Jeans (Levis 501 Or Similar)

$14.44 ₦19.2K

$75.9 MX$1,307

-80.97%

Summer Dress (H&M, Zara, etc)

$18.17 ₦24.1K

$56.0 MX$963

-67.52%

Sport Shoes (Adidas, Nike)

$35.88 ₦47.7K

$112 MX$1,926

-67.93%

Men's Leather Business Shoes

$48.93 ₦65.0K

$121 MX$2,075

-59.39%

1-bedroom Apartment, City Center (Monthly)

$3,471 ₦4.6M

$1,103 MX$19.0K

214.79%

1-bedroom Apartment, Outside City Center (Monthly)

$1,968 ₦2.6M

$721 MX$12.4K

173.01%

3-bedroom Apartment, City Center (Monthly)

$6,566 ₦8.7M

$2,530 MX$43.6K

159.53%

3-bedroom Apartment, Outside City Center (Monthly)

$4,907 ₦6.5M

$1,293 MX$22.3K

279.36%

Buy Apartment in City Center (m2)

$3,991 MX$68.7K

Buy Apartment Outside City Center (m2)

$2,090 MX$36.0K

Average Monthly Net Salary (After Tax)

$74.9 ₦99.5K

$1,037 MX$17.9K

-92.78%

20-Year Fixed Mortgage Interest Rate (Annual %)

18.05

11.3

59.73%

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

Last update for Ikeja: September 12, 2026

Last update for Mexico City: September 14, 2026

Cost Breakdown

A central one-bedroom costs $3,471 in Ikeja versus $1,103 in Mexico City. 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 1285% higher in Mexico City, 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 $52.0 in Mexico City. Monthly groceries follow the same trend: $125 vs $345 – 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 Mexico City: Cost of Living - Frequently Asked Questions

Ikeja costs about 47% more than Mexico City, with the gap driven mainly by Groceries & Markets. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $3,658 per month in Ikeja and $2,489 in Mexico City. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Interestingly, groceries are about 177% 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 $52.0 in Mexico City. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

A $3,000 monthly budget goes further in Mexico City, where all-in costs run around $1,660, than in Ikeja at $2,439. In Mexico City it covers expenses comfortably, while in Ikeja it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Mexico City costs $1,660 versus $2,439 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 Mexico City. 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.