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

Monthly Cost of Living

A single person spends $2,280 per month in Lisbon vs $647 in Akure, rent included.

A couple spends around $3,294 per month in Lisbon vs $1,033 in Akure, rent included.

A family of three spends $4,307 per month in Lisbon vs $1,420 in Akure, rent included.

Lisbon costs about 253% more than Akure, driven mainly by Eating Out.

Lisbon sits 71% above the global median, while Akure is 51% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$15.75 €13.64

$1.45 ₦1,982

986.21%

Three-Course Dinner for Two, Mid-Range

$63.5 €55.0

$17.32 ₦23.6K

266.51%

Fast Food Meal (McDonalds, etc)

$10.45 €9.05

$5.48 ₦7,477

90.69%

Cappuccino

$2.91 €2.52

$2.21 ₦3,012

31.67%

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

$2.29 €1.98

$0.36 ₦493

536.11%

Water (0.33 liter bottle)

$1.50 €1.30

$0.22 ₦300

581.82%

Local Beer (0.5 liter draught)

$3.56 €3.09

$0.78 ₦1,065

356.41%

Imported Beer (0.33 liter bottle)

$3.96 €3.43

$1.44 ₦1,965

175.00%

Milk (1 liter)

$1.08 €0.94

$2.13 ₦2,905

-49.30%

White Bread (500g)

$1.76 €1.53

$0.98 ₦1,342

79.59%

Rice (white) (1kg)

$1.70 €1.47

$2.23 ₦3,045

-23.77%

Eggs

$3.25 €2.81

$1.69 ₦2,302

92.31%

Local Cheese (1kg)

$13.25 €11.47

$6.45 ₦8,801

105.43%

Chicken Fillets (1kg)

$7.70 €6.67

$4.14 ₦5,647

85.99%

Beef Round Steak (1kg)

$15.77 €13.66

$5.53 ₦7,548

185.17%

Apples (1kg)

$2.28 €1.97

$3.43 ₦4,681

-33.53%

Banana (1kg)

$1.66 €1.43

$2.10 ₦2,860

-20.95%

Oranges (1kg)

$2.02 €1.75

$1.95 ₦2,658

3.59%

Tomato (1kg)

$2.47 €2.14

$1.64 ₦2,232

50.61%

Potato (1kg)

$1.79 €1.55

$1.47 ₦2,003

21.77%

Onion (1kg)

$2.07 €1.79

$1.81 ₦2,474

14.36%

Lettuce (1 head)

$1.97 €1.71

$1.91 ₦2,605

3.14%

Water (1.5 liter bottle)

$0.83 €0.72

$0.35 ₦483

137.14%

Cigarettes 20 Pack (Marlboro, Camel)

$6.55 €5.68

$1.30 ₦1,773

403.85%

Wine (Bottle)

$5.57 €4.82

$2.21 ₦3,019

152.04%

Local Beer (0.5 liter bottle)

$1.33 €1.15

$0.65 ₦881

104.62%

Imported Beer (0.33 liter bottle)

$3.01 €2.60

$0.95 ₦1,300

216.84%

One-way Ticket (Public Transport)

$2.27 €1.97

$0.27 ₦369

740.74%

Public Transport Monthly Pass (Regular Price)

$46.35 €40.14

Taxi Start (Normal Tariff)

$4.23 €3.66

$1.24 ₦1,691

241.13%

Taxi (Normal Tariff) (1km)

$0.85 €0.73

$2.15 ₦2,929

-60.47%

Taxi 1hour Waiting (Normal Tariff)

$18.83 €16.31

$4.72 ₦6,445

298.94%

Gasoline (1 liter)

$2.02 €1.75

$0.48 ₦652

320.83%

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

$35.0K €30.3K

$20.2K ₦27.5M

73.39%

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

$39.6K €34.3K

$20.3K ₦27.7M

95.28%

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

$148 €128

$21.21 ₦28.9K

597.45%

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

$20.52 €17.77

$9.96 ₦13.6K

106.02%

Internet (50+ Mbps, Unlimited Data)

$39.52 €34.23

$17.04 ₦23.2K

131.92%

Gym Membership (Monthly)

$48.17 €41.72

Tennis Court (1 Hour on Weekend)

$18.39 €15.92

Cinema Ticket

$9.10 €7.88

$6.16 ₦8,406

47.73%

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

$615 €532

$66.0 ₦90.0K

832.15%

International Primary School, 1 Child (Yearly)

$16.3K €14.1K

$2,287 ₦3.1M

611.95%

Jeans (Levis 501 Or Similar)

$102 €88.0

$19.37 ₦26.4K

424.37%

Summer Dress (H&M, Zara, etc)

$42.09 €36.45

$24.61 ₦33.6K

71.03%

Sport Shoes (Adidas, Nike)

$92.3 €79.9

$63.8 ₦87.0K

44.78%

Men's Leather Business Shoes

$122 €106

$56.5 ₦77.0K

116.22%

1-bedroom Apartment, City Center (Monthly)

$1,612 €1,396

$402 ₦547.8K

301.38%

1-bedroom Apartment, Outside City Center (Monthly)

$1,254 €1,086

$268 ₦364.9K

368.60%

3-bedroom Apartment, City Center (Monthly)

$3,069 €2,658

$664 ₦905.6K

362.35%

3-bedroom Apartment, Outside City Center (Monthly)

$2,037 €1,764

$525 ₦716.7K

287.67%

Buy Apartment in City Center (m2)

$7,751 €6,712

Buy Apartment Outside City Center (m2)

$4,286 €3,712

Average Monthly Net Salary (After Tax)

$1,602 €1,387

$37.16 ₦50.7K

4210.52%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.81

16.33

-76.67%

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

Last update for Lisbon: July 27, 2026

Last update for Akure: July 28, 2026

Cost Breakdown

A central one-bedroom costs $1,612 in Lisbon versus $402 in Akure. 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 4211% 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 $17.00 in Akure. Monthly groceries follow the same trend: $267 vs $179 – 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: $2,280 in Lisbon, $647 in Akure – roughly 253% apart. Lisbon costs more across the board, with Eating Out showing the biggest gap.

For a comfortable life, plan on about $3,420 per month in Lisbon and $970 in Akure. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

A mid-range dinner for two costs $63.0 in Lisbon and $17.00 in Akure. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 49% 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 $647, than in Lisbon at $2,280. 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 $647 in Akure to $2,280 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.