Cost of Living Comparison Between Lisbon and Ibadan Cost of Living Comparison Between Lisbon and Ibadan

Monthly Cost of Living

Monthly costs for one person with rent: $2,210 in Lisbon versus $812 in Ibadan.

Estimated couple costs with rent: $3,311 in Lisbon versus $1,520 in Ibadan.

Monthly costs for a family of three with rent: $4,411 in Lisbon versus $2,229 in Ibadan.

Living in Lisbon is roughly 172% more expensive than Ibadan, driven mainly by Eating Out.

The two cities straddle the global median: Lisbon is 65% above, Ibadan is 39% below.

Meal at Budget Restaurant

$15.91 €13.70

$1.83 ₦2,488

769.40%

Three-Course Dinner for Two, Mid-Range

$64.8 €55.8

$29.27 ₦39.8K

121.28%

Fast Food Meal (McDonalds, etc)

$10.51 €9.05

$5.47 ₦7,426

92.14%

Cappuccino

$2.87 €2.47

$1.03 ₦1,405

178.64%

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

$2.24 €1.93

$0.29 ₦395

672.41%

Water (0.33 liter bottle)

$1.50 €1.29

$0.19 ₦260

689.47%

Local Beer (0.5 liter draught)

$3.49 €3.01

$0.76 ₦1,035

359.21%

Imported Beer (0.33 liter bottle)

$3.88 €3.34

$1.26 ₦1,714

207.94%

Milk (1 liter)

$1.14 €0.98

$2.35 ₦3,187

-51.49%

White Bread (500g)

$1.75 €1.51

$1.15 ₦1,563

52.17%

Rice (white) (1kg)

$1.76 €1.51

$2.06 ₦2,802

-14.56%

Eggs

$3.22 €2.77

$1.72 ₦2,330

87.21%

Local Cheese (1kg)

$13.49 €11.61

$4.37 ₦5,943

208.70%

Chicken Fillets (1kg)

$7.91 €6.81

$4.29 ₦5,827

84.38%

Beef Round Steak (1kg)

$15.87 €13.67

$4.18 ₦5,684

279.67%

Apples (1kg)

$2.31 €1.99

$2.47 ₦3,357

-6.48%

Banana (1kg)

$1.70 €1.46

$1.21 ₦1,648

40.50%

Oranges (1kg)

$2.01 €1.73

$1.24 ₦1,679

62.10%

Tomato (1kg)

$2.46 €2.12

$1.63 ₦2,214

50.92%

Potato (1kg)

$1.84 €1.59

$2.16 ₦2,934

-14.81%

Onion (1kg)

$2.00 €1.72

$1.55 ₦2,109

29.03%

Lettuce (1 head)

$1.93 €1.66

$0.92 ₦1,254

109.78%

Water (1.5 liter bottle)

$0.79 €0.68

$0.32 ₦439

146.88%

Cigarettes 20 Pack (Marlboro, Camel)

$6.61 €5.69

$1.26 ₦1,705

424.60%

Wine (Bottle)

$5.72 €4.93

$1.02 ₦1,384

460.78%

Local Beer (0.5 liter bottle)

$1.37 €1.18

$0.63 ₦858

117.46%

Imported Beer (0.33 liter bottle)

$2.97 €2.56

$0.89 ₦1,211

233.71%

One-way Ticket (Public Transport)

$2.37 €2.04

$0.36 ₦483

558.33%

Public Transport Monthly Pass (Regular Price)

$45.56 €39.22

$36.42 ₦49.5K

25.10%

Taxi Start (Normal Tariff)

$4.29 €3.69

$1.24 ₦1,681

245.97%

Taxi (Normal Tariff) (1km)

$0.82 €0.70

$1.04 ₦1,417

-21.15%

Taxi 1hour Waiting (Normal Tariff)

$18.30 €15.76

$3.68 ₦5,005

397.28%

Gasoline (1 liter)

$2.06 €1.78

$0.57 ₦769

261.40%

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

$34.3K €29.5K

$9,512 ₦12.9M

260.38%

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

$39.3K €33.8K

$14.2K ₦19.2M

177.40%

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

$148 €127

$20.99 ₦28.5K

604.48%

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

$20.52 €17.67

$7.46 ₦10.1K

175.07%

Internet (50+ Mbps, Unlimited Data)

$39.61 €34.10

$19.75 ₦26.8K

100.56%

Gym Membership (Monthly)

$47.85 €41.19

$29.50 ₦40.1K

62.20%

Tennis Court (1 Hour on Weekend)

$18.92 €16.29

Cinema Ticket

$9.18 €7.91

$2.67 ₦3,628

243.82%

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

$614 €529

$50.4 ₦68.5K

1117.19%

International Primary School, 1 Child (Yearly)

$16.0K €13.8K

$1,910 ₦2.6M

740.05%

Jeans (Levis 501 Or Similar)

$105 €90.1

$18.37 ₦24.9K

469.73%

Summer Dress (H&M, Zara, etc)

$42.06 €36.21

$24.43 ₦33.2K

72.17%

Sport Shoes (Adidas, Nike)

$94.0 €80.9

$43.76 ₦59.4K

114.72%

Men's Leather Business Shoes

$120 €103

$29.58 ₦40.2K

304.53%

1-bedroom Apartment, City Center (Monthly)

$1,628 €1,401

$451 ₦612.8K

260.81%

1-bedroom Apartment, Outside City Center (Monthly)

$1,255 €1,081

$433 ₦588.5K

189.72%

3-bedroom Apartment, City Center (Monthly)

$3,030 €2,609

$1,214 ₦1.6M

149.58%

3-bedroom Apartment, Outside City Center (Monthly)

$2,020 €1,739

$1,291 ₦1.8M

56.53%

Buy Apartment in City Center (m2)

$7,800 €6,715

$846 ₦1.1M

821.44%

Buy Apartment Outside City Center (m2)

$4,273 €3,678

$28.82 ₦39.1K

14725.47%

Average Monthly Net Salary (After Tax)

$1,603 €1,380

$55.9 ₦75.9K

2770.50%

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 1, 2026

Last update for Ibadan: June 2, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,628 in Lisbon and $451 in Ibadan. Housing cost is often the main lever when comparing two cities.

Lisbon pays 2770% 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: $65.0 in Lisbon vs $29.00 in Ibadan for a mid-range dinner for two. Groceries echo the gap at $269 vs $154 per month, with Ibadan cheaper across the board.

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 Ibadan: Cost of Living - Frequently Asked Questions

Ibadan wins on cost – living expenses run 172% lower than in Lisbon. Housing and daily spending are where you'll feel the difference most, making Ibadan the obvious pick if budget is a priority.

Lisbon pays 2770% more on average, 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: $1,628 in Lisbon versus $451 in Ibadan. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $614 in Lisbon versus $50.4 in Ibadan. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Supermarket bills run roughly 75% higher in Lisbon. For households that cook at home regularly, that difference adds up over a month.

At $812 in Ibadan versus $2,210 in Lisbon, a $1,000 budget is realistic in Ibadan but tight or insufficient in Lisbon. 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 $812 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Ibadan hard to pass up.

Safety-wise, Lisbon 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 172% less than in Lisbon. Beyond cost, consider language, visa policies, and how big the international community is in each city.