Cost of Living Comparison Between Lisbon and Akure Cost of Living Comparison Between Lisbon and Akure

Monthly Cost of Living

A single person spends $2,296 per month in Lisbon vs $274 in Akure, rent included.

A couple spends around $3,376 per month in Lisbon vs $446 in Akure, rent included.

A family of three spends $4,457 per month in Lisbon vs $618 in Akure, rent included.

Lisbon costs about 737% more than Akure, driven mainly by Eating Out.

Lisbon sits 68% above the global median, while Akure is 80% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$17.59 €15.31

$1.15 ₦1,531

1429.57%

Three-Course Dinner for Two, Mid-Range

$62.9 €54.7

$8.99 ₦11.9K

599.22%

Fast Food Meal (McDonalds, etc)

$11.58 €10.08

$7.52 ₦9,989

53.99%

Cappuccino

$3.10 €2.70

$2.83 ₦3,762

9.54%

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

$2.49 €2.17

$0.22 ₦291

1031.82%

Water (0.33 liter bottle)

$1.74 €1.52

$0.14 ₦189

1142.86%

Local Beer (0.5 liter draught)

$3.48 €3.03

$1.02 ₦1,356

241.18%

Imported Beer (0.33 liter bottle)

$3.44 €3.00

$1.96 ₦2,599

75.51%

Milk (1 liter)

$1.15 €1.00

$1.48 ₦1,970

-22.30%

White Bread (500g)

$1.91 €1.66

$0.61 ₦813

213.11%

Rice (white) (1kg)

$1.50 €1.31

$1.24 ₦1,645

20.97%

Eggs

$3.98 €3.47

$0.77 ₦1,018

416.88%

Local Cheese (1kg)

$13.29 €11.57

$3.60 ₦4,783

269.17%

Chicken Fillets (1kg)

$8.01 €6.97

$3.84 ₦5,105

108.59%

Beef Round Steak (1kg)

$18.04 €15.70

$2.36 ₦3,140

664.41%

Apples (1kg)

$2.35 €2.05

$1.53 ₦2,038

53.59%

Banana (1kg)

$1.75 €1.52

$0.74 ₦983

136.49%

Oranges (1kg)

$1.85 €1.61

$0.65 ₦868

184.62%

Tomato (1kg)

$2.55 €2.22

$0.88 ₦1,174

189.77%

Potato (1kg)

$1.84 €1.60

$0.81 ₦1,073

127.16%

Onion (1kg)

$2.10 €1.83

$1.01 ₦1,338

107.92%

Lettuce (1 head)

$1.49 €1.29

$0.91 ₦1,211

63.74%

Water (1.5 liter bottle)

$0.82 €0.71

$0.37 ₦489

121.62%

Cigarettes 20 Pack (Marlboro, Camel)

$7.10 €6.18

$0.59 ₦786

1103.39%

Wine (Bottle)

$5.91 €5.14

$2.31 ₦3,069

155.84%

Local Beer (0.5 liter bottle)

$1.31 €1.14

$0.50 ₦668

162.00%

Imported Beer (0.33 liter bottle)

$2.13 €1.86

$0.50 ₦665

326.00%

One-way Ticket (Public Transport)

$2.36 €2.05

Public Transport Monthly Pass (Regular Price)

$46.62 €40.57

Taxi Start (Normal Tariff)

$4.08 €3.55

$0.71 ₦943

474.65%

Taxi (Normal Tariff) (1km)

$1.14 €0.99

$0.92 ₦1,225

23.91%

Taxi 1hour Waiting (Normal Tariff)

$17.09 €14.88

$2.13 ₦2,833

702.35%

Gasoline (1 liter)

$2.31 €2.01

$0.17 ₦226

1258.82%

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

$34.1K €29.7K

$11.2K ₦14.9M

205.02%

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

$41.4K €36.0K

$13.8K ₦18.3M

199.67%

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

$169 €147

$11.16 ₦14.8K

1410.30%

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

$19.33 €16.83

$5.26 ₦6,986

267.49%

Internet (50+ Mbps, Unlimited Data)

$33.51 €29.17

$8.83 ₦11.7K

279.50%

Gym Membership (Monthly)

$48.84 €42.51

Tennis Court (1 Hour on Weekend)

$19.43 €16.92

Cinema Ticket

$9.57 €8.33

$4.64 ₦6,169

106.25%

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

$696 €606

$674 ₦894.8K

3.32%

International Primary School, 1 Child (Yearly)

$17.4K €15.1K

$19.6K ₦26.0M

-11.32%

Jeans (Levis 501 Or Similar)

$105 €91.7

$14.86 ₦19.7K

608.55%

Summer Dress (H&M, Zara, etc)

$47.75 €41.56

$18.10 ₦24.0K

163.81%

Sport Shoes (Adidas, Nike)

$101 €87.5

$36.00 ₦47.8K

179.25%

Men's Leather Business Shoes

$124 €108

$49.47 ₦65.7K

151.57%

1-bedroom Apartment, City Center (Monthly)

$1,662 €1,446

1-bedroom Apartment, Outside City Center (Monthly)

$1,246 €1,085

3-bedroom Apartment, City Center (Monthly)

$2,965 €2,580

3-bedroom Apartment, Outside City Center (Monthly)

$2,049 €1,783

Buy Apartment in City Center (m2)

$7,834 €6,819

Buy Apartment Outside City Center (m2)

$4,464 €3,886

Average Monthly Net Salary (After Tax)

$1,632 €1,420

$37.02 ₦49.2K

4307.24%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.78

18.05

-79.06%

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

Last update for Lisbon: September 12, 2026

Last update for Akure: September 14, 2026

Cost Breakdown

Salaries run about 4307% 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 $63.0 in Lisbon versus $9.00 in Akure. Monthly groceries follow the same trend: $277 vs $106 – making Akure 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

Lisbon vs Akure: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $2,296 in Lisbon, $274 in Akure – roughly 737% apart. Lisbon costs more across the board, with Eating Out showing the biggest gap.

For a comfortable life, plan on about $3,444 per month in Lisbon and $411 in Akure. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

A mid-range dinner for two costs $63.0 in Lisbon and $9.00 in Akure. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 162% 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 $2,000 monthly budget goes further in Akure, where all-in costs run around $274, than in Lisbon at $2,296. In Akure it covers expenses comfortably, while in Lisbon it requires careful planning or may not stretch far enough.

It depends on your priorities. Lisbon has an edge in some lifestyle areas, with costs from $274 in Akure to $2,296 in Lisbon. Climate, culture, job market, and personal taste all factor in.

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 Akure. 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.