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: $2,268 in Lisbon versus $250 in Ibadan.

Estimated couple costs with rent: $3,348 in Lisbon versus $558 in Ibadan.

Monthly costs for a family of three with rent: $4,429 in Lisbon versus $866 in Ibadan.

Living in Lisbon is roughly 806% more expensive than in Ibadan, driven mainly by Eating Out.

The two cities straddle the global median: Lisbon is 64% above, Ibadan is 82% below.

Meal at Budget Restaurant

$17.55 €15.12

$1.11 ₦1,476

1481.08%

Three-Course Dinner for Two, Mid-Range

$64.5 €55.6

$30.24 ₦40.1K

113.26%

Fast Food Meal (McDonalds, etc)

$11.65 €10.04

$6.09 ₦8,073

91.30%

Cappuccino

$3.26 €2.81

$0.80 ₦1,066

307.50%

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

$2.49 €2.15

$0.20 ₦265

1145.00%

Water (0.33 liter bottle)

$1.67 €1.44

$0.12 ₦153

1291.67%

Local Beer (0.5 liter draught)

$3.47 €2.99

$0.58 ₦771

498.28%

Imported Beer (0.33 liter bottle)

$3.58 €3.08

$1.15 ₦1,528

211.30%

Milk (1 liter)

$1.18 €1.02

$0.59 ₦787

100.00%

White Bread (500g)

$1.95 €1.68

$0.60 ₦791

225.00%

Rice (white) (1kg)

$1.56 €1.35

$1.11 ₦1,476

40.54%

Eggs

$4.01 €3.46

$1.53 ₦2,034

162.09%

Local Cheese (1kg)

$13.27 €11.44

$3.52 ₦4,667

276.99%

Chicken Fillets (1kg)

$8.42 €7.26

$3.89 ₦5,153

116.45%

Beef Round Steak (1kg)

$18.23 €15.72

$0.75 ₦993

2330.67%

Apples (1kg)

$2.32 €2.00

$1.67 ₦2,209

38.92%

Banana (1kg)

$1.73 €1.49

$1.32 ₦1,743

31.06%

Oranges (1kg)

$1.93 €1.67

$1.13 ₦1,501

70.80%

Tomato (1kg)

$2.64 €2.27

$0.29 ₦382

810.34%

Potato (1kg)

$1.90 €1.64

$0.58 ₦774

227.59%

Onion (1kg)

$2.11 €1.82

$0.24 ₦319

779.17%

Lettuce (1 head)

$1.44 €1.24

$0.22 ₦290

554.55%

Water (1.5 liter bottle)

$0.80 €0.69

$0.14 ₦181

471.43%

Cigarettes 20 Pack (Marlboro, Camel)

$7.01 €6.04

$0.59 ₦784

1088.14%

Wine (Bottle)

$5.92 €5.11

$1.12 ₦1,482

428.57%

Local Beer (0.5 liter bottle)

$1.36 €1.18

$0.41 ₦542

231.71%

Imported Beer (0.33 liter bottle)

$2.15 €1.85

$0.46 ₦616

367.39%

One-way Ticket (Public Transport)

$2.38 €2.05

$0.12 ₦162

1883.33%

Public Transport Monthly Pass (Regular Price)

$46.22 €39.85

Taxi Start (Normal Tariff)

$4.19 €3.61

$0.70 ₦933

498.57%

Taxi (Normal Tariff) (1km)

$1.10 €0.95

$0.62 ₦827

77.42%

Taxi 1hour Waiting (Normal Tariff)

$17.26 €14.88

$1.13 ₦1,492

1427.43%

Gasoline (1 liter)

$2.25 €1.94

$0.55 ₦734

309.09%

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

$34.5K €29.7K

$4,162 ₦5.5M

728.25%

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

$41.6K €35.9K

$14.0K ₦18.5M

198.19%

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

$171 €147

$11.27 ₦14.9K

1416.24%

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

$19.01 €16.38

$3.81 ₦5,047

398.95%

Internet (50+ Mbps, Unlimited Data)

$34.28 €29.55

$9.06 ₦12.0K

278.37%

Gym Membership (Monthly)

$49.65 €42.80

$21.77 ₦28.9K

128.07%

Tennis Court (1 Hour on Weekend)

$19.51 €16.81

Cinema Ticket

$10.10 €8.71

$1.54 ₦2,035

555.84%

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

$699 €603

$48.73 ₦64.6K

1334.78%

International Primary School, 1 Child (Yearly)

$17.8K €15.3K

$627 ₦831.4K

2732.16%

Jeans (Levis 501 Or Similar)

$105 €90.2

$12.16 ₦16.1K

760.20%

Summer Dress (H&M, Zara, etc)

$47.97 €41.35

$5.80 ₦7,689

727.07%

Sport Shoes (Adidas, Nike)

$102 €87.8

$15.07 ₦20.0K

575.98%

Men's Leather Business Shoes

$128 €111

$21.64 ₦28.7K

492.88%

1-bedroom Apartment, City Center (Monthly)

$1,661 €1,432

$124 ₦164.4K

1239.10%

1-bedroom Apartment, Outside City Center (Monthly)

$1,228 €1,059

$45.33 ₦60.1K

2609.57%

3-bedroom Apartment, City Center (Monthly)

$2,915 €2,513

$461 ₦611.0K

532.32%

3-bedroom Apartment, Outside City Center (Monthly)

$2,023 €1,744

$308 ₦408.2K

556.95%

Buy Apartment in City Center (m2)

$8,129 €7,007

$875 ₦1.2M

829.12%

Buy Apartment Outside City Center (m2)

$4,635 €3,996

$30.87 ₦40.9K

14915.19%

Average Monthly Net Salary (After Tax)

$1,619 €1,396

$58.2 ₦77.2K

2680.19%

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 5, 2026

Last update for Ibadan: September 7, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,661 in Lisbon and $124 in Ibadan. Housing cost is often the main lever when comparing two cities.

Lisbon pays 2680% 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: $64.0 in Lisbon vs $30.00 in Ibadan for a mid-range dinner for two. Groceries echo the gap at $281 vs $87.0 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 806% 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.

Average pay runs 2680% higher in Lisbon, 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: $1,661 in Lisbon versus $124 in Ibadan. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $699 in Lisbon versus $48.73 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 $64.0 in Lisbon. If you eat out regularly, this makes a real dent in your monthly spending.

At $250 in Ibadan versus $2,268 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 $250 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 806% less than in Lisbon. Beyond cost, consider language, visa policies, and how big the international community is in each city.