Last update: Oct 2026

Cost of Living Comparison Between Istanbul and Ibadan

For one person, living is cheaper in Ibadan: $255 a month against $1,550 in Istanbul, rent and utilities included – about $15,500 less a year. Rent and utilities account for about half of the difference.

75

Cost of Living Index in Istanbul
Learn more

Istanbul Living Index
12

Cost of Living Index in Ibadan
Learn more

Ibadan Living Index

Jump to prices

Istanbul

🇹🇷 Turkey

$1,550

/mo nomad

Ibadan

🇳🇬 Nigeria

$255

/mo nomad

Monthly Cost of Living

How much you'll spend in Istanbul and in Ibadan

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

Monthly costs for one person with rent: $1,550 in Istanbul versus $255 in Ibadan.

Istanbul $1,550
Ibadan $255

Estimated couple costs with rent: $2,415 in Istanbul versus $571 in Ibadan.

Istanbul $2,415
Ibadan $571

Monthly costs for a family of three with rent: $3,281 in Istanbul versus $887 in Ibadan.

Istanbul $3,281
Ibadan $887

Living in Istanbul is roughly 507% more expensive than in Ibadan, and outside of rent the biggest gap is in eating out.

The two cities straddle the global median: Istanbul is 15% above, Ibadan is 81% below.

Meal at Budget Restaurant

$12.30 ₺609

$1.11 ₦1,481

1008.11%

Three-Course Dinner for Two, Mid-Range

$54.7 ₺2,708

$30.33 ₦40.3K

80.35%

Fast Food Meal (McDonalds, etc)

$9.22 ₺456

$6.22 ₦8,276

48.23%

Cappuccino

$4.40 ₺218

$0.80 ₦1,058

450.00%

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

$1.68 ₺83.1

$0.22 ₦293

663.64%

Water (0.33 liter bottle)

$0.59 ₺29.40

$0.14 ₦180

321.43%

Local Beer (0.5 liter draught)

$4.70 ₺233

$0.59 ₦786

696.61%

Imported Beer (0.33 liter bottle)

$5.91 ₺292

$1.15 ₦1,534

413.91%

Milk (1 liter)

$1.21 ₺60.0

$0.58 ₦776

108.62%

White Bread (500g)

$0.89 ₺44.10

$0.60 ₦803

48.33%

Rice (white) (1kg)

$2.19 ₺108

$1.15 ₦1,524

90.43%

Eggs

$2.35 ₺116

$1.55 ₦2,055

51.61%

Local Cheese (1kg)

$10.42 ₺516

$3.59 ₦4,774

190.25%

Chicken Fillets (1kg)

$5.65 ₺280

$4.02 ₦5,342

40.55%

Beef Round Steak (1kg)

$20.94 ₺1,037

$0.71 ₦951

2849.30%

Apples (1kg)

$1.90 ₺94.1

$1.65 ₦2,198

15.15%

Banana (1kg)

$2.31 ₺114

$1.29 ₦1,712

79.07%

Oranges (1kg)

$1.28 ₺63.1

$1.10 ₦1,457

16.36%

Tomato (1kg)

$1.80 ₺89.0

$0.29 ₦385

520.69%

Potato (1kg)

$0.65 ₺32.16

$0.58 ₦773

12.07%

Onion (1kg)

$0.64 ₺31.91

$0.24 ₦320

166.67%

Lettuce (1 head)

$1.25 ₺62.1

$0.22 ₦291

468.18%

Water (1.5 liter bottle)

$0.56 ₺27.58

$0.12 ₦159

366.67%

Cigarettes 20 Pack (Marlboro, Camel)

$2.37 ₺118

$0.59 ₦781

301.69%

Wine (Bottle)

$13.42 ₺664

$1.15 ₦1,533

1066.96%

Local Beer (0.5 liter bottle)

$2.40 ₺119

$0.39 ₦523

515.38%

Imported Beer (0.33 liter bottle)

$3.48 ₺172

$0.47 ₦621

640.43%

One-way Ticket (Public Transport)

$0.89 ₺43.84

$0.12 ₦164

641.67%

Public Transport Monthly Pass (Regular Price)

$67.4 ₺3,338

Taxi Start (Normal Tariff)

$1.29 ₺64.1

$0.66 ₦872

95.45%

Taxi (Normal Tariff) (1km)

$0.92 ₺45.70

$0.59 ₦781

55.93%

Taxi 1hour Waiting (Normal Tariff)

$10.96 ₺542

$1.10 ₦1,467

896.36%

Gasoline (1 liter)

$1.47 ₺72.9

$0.53 ₦703

177.36%

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

$50.8K ₺2.5M

$4,189 ₦5.6M

1112.33%

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

$44.5K ₺2.2M

$13.7K ₦18.2M

225.66%

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

$88.6 ₺4,387

$11.16 ₦14.8K

694.00%

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

$11.59 ₺574

$3.87 ₦5,145

199.48%

Internet (50+ Mbps, Unlimited Data)

$15.81 ₺783

$8.59 ₦11.4K

84.05%

Gym Membership (Monthly)

$77.2 ₺3,820

$22.27 ₦29.6K

246.48%

Tennis Court (1 Hour on Weekend)

$22.74 ₺1,126

Cinema Ticket

$8.14 ₺403

$1.48 ₦1,972

450.00%

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

$1,008 ₺49.9K

$49.51 ₦65.8K

1936.01%

International Primary School, 1 Child (Yearly)

$25.6K ₺1.3M

$631 ₦839.5K

3949.88%

Jeans (Levis 501 Or Similar)

$54.0 ₺2,671

$12.18 ₦16.2K

342.94%

Summer Dress (H&M, Zara, etc)

$40.83 ₺2,021

$5.77 ₦7,674

607.63%

Sport Shoes (Adidas, Nike)

$98.9 ₺4,895

$15.36 ₦20.4K

543.75%

Men's Leather Business Shoes

$96.6 ₺4,783

$21.34 ₦28.4K

352.67%

1-bedroom Apartment, City Center (Monthly)

$985 ₺48.7K

$125 ₦166.4K

686.87%

1-bedroom Apartment, Outside City Center (Monthly)

$650 ₺32.2K

$46.64 ₦62.0K

1293.16%

3-bedroom Apartment, City Center (Monthly)

$1,983 ₺98.2K

$454 ₦603.2K

337.32%

3-bedroom Apartment, Outside City Center (Monthly)

$1,180 ₺58.4K

$305 ₦406.0K

286.64%

Buy Apartment in City Center (m2)

$3,138 ₺155.4K

$880 ₦1.2M

256.53%

Buy Apartment Outside City Center (m2)

$1,780 ₺88.1K

$29.82 ₦39.7K

5868.48%

Average Monthly Net Salary (After Tax)

$1,205 ₺59.7K

$56.6 ₦75.3K

2028.97%

20-Year Fixed Mortgage Interest Rate (Annual %)

40.92

18.39

122.51%

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

Last update for Istanbul: October 13, 2026

Last update for Ibadan: October 10, 2026

Monthly budget structure

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

Accommodation & Living

Istanbul

$650 41.9%

Ibadan

$47 18.3% 92.8% $603

Groceries & Markets

Istanbul

$260 16.8%

Ibadan

$87 34.2% 66.4% $173

Eating Out

Istanbul

$223 14.4%

Ibadan

$44 17.2% 80.4% $179

Clothing & Footwear

Istanbul

$131 8.4%

Ibadan

$25 9.6% 81.2% $106

Monthly Utilities & Internet

Istanbul

$116 7.5%

Ibadan

$24 9.3% 79.6% $92

Sport & Entertainment

Istanbul

$93 6%

Ibadan

$25 9.9% 73% $68

Getting Around

Istanbul

$77 5%

Ibadan

$4.1 * 1.6% 94.7% $73

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 $985 in Istanbul and $125 in Ibadan. Housing cost is often the main lever when comparing two cities.

Istanbul pays 2029% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $55.0 in Istanbul vs $30.00 in Ibadan for a mid-range dinner for two. Groceries echo the gap at $260 vs $87.0 per month, with Ibadan cheaper across the board.

Good to know

🇹🇷 Istanbul

🇳🇬 Ibadan

🕒 Local time

10:59 10:59 AM

08:59 8:59 AM

2 h behind Istanbul

🌤 Weather

👥 Population

15,701,602

3,034,200

💱 Currency

Turkish Lira TRY ₺

Nigerian Naira NGN ₦

📈 Exchange rate

100 TRY = 2.02 USD

100 TRY = 1.8 EUR

10,000 NGN = 7.52 USD

10,000 NGN = 6.69 EUR

Exchange rates and currency converter

NGN, USD, EUR to TRY – Turkish Lira Converter

🇺🇸 United States Dollar ($)

🇹🇷 Turkish Lira (₺)

Turkish Lira exchange rates as of October 19, 2026: 1 USD = 49.51 TRY (100 TRY = 2.02 USD). 1 EUR = 55.66 TRY (100 TRY = 1.8 EUR).

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).

USD to TRY in detail →

On the map

Lowest

Highest

Between locations

Istanbul Ibadan 4,490 km ≈ 6 h nonstop flight

From you

Istanbul
Ibadan

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

Istanbul vs Ibadan: Cost of Living - Frequently Asked Questions

Ibadan wins on cost – living expenses run 507% lower than in Istanbul. Housing and daily spending are where you'll feel the difference most, making Ibadan the obvious pick if budget is a priority.

Average pay runs 2029% higher in Istanbul, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $985 in Istanbul versus $125 in Ibadan. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $1,008 in Istanbul versus $49.51 in Ibadan. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Ibadan – a meal for two runs $30.00 versus $55.0 in Istanbul. If you eat out regularly, this makes a real dent in your monthly spending.

At $255 in Ibadan versus $1,550 in Istanbul, a $1,000 budget is realistic in Ibadan but tight or insufficient in Istanbul. The gap between the two cities makes Ibadan the clear choice for anyone on this budget.

Both work as nomad bases, but Ibadan delivers better value – similar infrastructure at $255 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Ibadan hard to pass up.

Safety-wise, Istanbul and Ibadan 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 Ibadan gentler on the wallet – expenses run 507% less than in Istanbul. Beyond cost, consider language, visa policies, and how big the international community is in each city.