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

Monthly Cost of Living

A single person spends $2,263 per month in Lisbon vs $642 in Akure, rent included.

A couple spends around $3,315 per month in Lisbon vs $1,033 in Akure, rent included.

A family of three spends $4,368 per month in Lisbon vs $1,424 in Akure, rent included.

Lisbon costs about 252% more than Akure, driven mainly by Eating Out.

Lisbon sits 68% above the global median, while Akure is 52% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$15.94 €13.73

$1.44 ₦1,961

1006.94%

Three-Course Dinner for Two, Mid-Range

$63.4 €54.6

$17.06 ₦23.2K

271.45%

Fast Food Meal (McDonalds, etc)

$10.38 €8.95

$5.25 ₦7,133

97.71%

Cappuccino

$2.79 €2.40

$2.21 ₦3,007

26.24%

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

$2.34 €2.01

$0.34 ₦458

588.24%

Water (0.33 liter bottle)

$1.57 €1.35

$0.22 ₦299

613.64%

Local Beer (0.5 liter draught)

$3.43 €2.95

$0.80 ₦1,092

328.75%

Imported Beer (0.33 liter bottle)

$3.91 €3.37

$1.45 ₦1,971

169.66%

Milk (1 liter)

$1.08 €0.93

$2.14 ₦2,911

-49.53%

White Bread (500g)

$1.77 €1.52

$1.03 ₦1,394

71.84%

Rice (white) (1kg)

$1.71 €1.47

$2.22 ₦3,014

-22.97%

Eggs

$3.15 €2.71

$1.77 ₦2,402

77.97%

Local Cheese (1kg)

$13.68 €11.79

$6.24 ₦8,481

119.23%

Chicken Fillets (1kg)

$8.01 €6.90

$4.21 ₦5,729

90.26%

Beef Round Steak (1kg)

$15.52 €13.37

$5.49 ₦7,468

182.70%

Apples (1kg)

$2.29 €1.98

$3.57 ₦4,860

-35.85%

Banana (1kg)

$1.64 €1.41

$2.04 ₦2,769

-19.61%

Oranges (1kg)

$1.94 €1.67

$2.03 ₦2,764

-4.43%

Tomato (1kg)

$2.51 €2.17

$1.68 ₦2,281

49.40%

Potato (1kg)

$1.79 €1.54

$1.43 ₦1,946

25.17%

Onion (1kg)

$2.01 €1.73

$1.87 ₦2,547

7.49%

Lettuce (1 head)

$1.97 €1.69

$2.01 ₦2,735

-1.99%

Water (1.5 liter bottle)

$0.84 €0.73

$0.38 ₦520

121.05%

Cigarettes 20 Pack (Marlboro, Camel)

$6.79 €5.85

$1.30 ₦1,773

422.31%

Wine (Bottle)

$5.67 €4.89

$2.18 ₦2,971

160.09%

Local Beer (0.5 liter bottle)

$1.39 €1.20

$0.63 ₦854

120.63%

Imported Beer (0.33 liter bottle)

$3.02 €2.60

$0.86 ₦1,176

251.16%

One-way Ticket (Public Transport)

$2.27 €1.95

$0.27 ₦368

740.74%

Public Transport Monthly Pass (Regular Price)

$45.44 €39.15

Taxi Start (Normal Tariff)

$4.29 €3.70

$1.20 ₦1,633

257.50%

Taxi (Normal Tariff) (1km)

$0.85 €0.73

$2.23 ₦3,032

-61.88%

Taxi 1hour Waiting (Normal Tariff)

$18.28 €15.75

$4.66 ₦6,343

292.27%

Gasoline (1 liter)

$1.99 €1.71

$0.47 ₦639

323.40%

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

$35.0K €30.2K

$20.5K ₦27.8M

71.30%

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

$39.5K €34.1K

$20.4K ₦27.7M

94.26%

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

$146 €126

$21.55 ₦29.3K

578.33%

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

$20.45 €17.62

$9.87 ₦13.4K

107.19%

Internet (50+ Mbps, Unlimited Data)

$38.98 €33.58

$17.54 ₦23.9K

122.23%

Gym Membership (Monthly)

$48.98 €42.21

Tennis Court (1 Hour on Weekend)

$18.83 €16.22

Cinema Ticket

$9.52 €8.21

$6.30 ₦8,561

51.11%

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

$608 €524

$66.3 ₦90.1K

817.92%

International Primary School, 1 Child (Yearly)

$16.5K €14.2K

$2,261 ₦3.1M

630.22%

Jeans (Levis 501 Or Similar)

$104 €89.5

$19.02 ₦25.9K

446.21%

Summer Dress (H&M, Zara, etc)

$42.12 €36.29

$24.92 ₦33.9K

69.02%

Sport Shoes (Adidas, Nike)

$92.2 €79.5

$63.5 ₦86.4K

45.18%

Men's Leather Business Shoes

$120 €103

$57.8 ₦78.6K

107.77%

1-bedroom Apartment, City Center (Monthly)

$1,621 €1,397

$388 ₦527.3K

318.13%

1-bedroom Apartment, Outside City Center (Monthly)

$1,268 €1,092

$262 ₦356.8K

383.09%

3-bedroom Apartment, City Center (Monthly)

$3,048 €2,626

$659 ₦896.6K

362.30%

3-bedroom Apartment, Outside City Center (Monthly)

$2,009 €1,731

$527 ₦717.1K

280.91%

Buy Apartment in City Center (m2)

$7,663 €6,602

Buy Apartment Outside City Center (m2)

$4,329 €3,730

Average Monthly Net Salary (After Tax)

$1,585 €1,366

$36.69 ₦49.9K

4219.60%

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: June 8, 2026

Last update for Akure: June 7, 2026

Cost Breakdown

A central one-bedroom costs $1,621 in Lisbon versus $388 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 4220% 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: $269 vs $180 – 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: $2,263 in Lisbon, $642 in Akure – roughly 252% apart. Lisbon costs more across the board, with Eating Out showing the biggest gap.

For a comfortable life, plan on about $3,394 per month in Lisbon and $964 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 $642, than in Lisbon at $2,263. 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 $642 in Akure to $2,263 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.