Last update: Oct 2026

Cost of Living Comparison Between Lisbon and Ibadan

For one person, living is cheaper in Ibadan: $251 a month against $2,210 in Lisbon, rent and utilities included – about $23,500 less a year. Rent and utilities account for most of the difference.

107

Cost of Living Index in Lisbon
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Lisbon Living Index
12

Cost of Living Index in Ibadan
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Ibadan Living Index

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Lisbon

🇵🇹 Portugal

$2,210

/mo nomad

Ibadan

🇳🇬 Nigeria

$251

/mo nomad

Monthly Cost of Living

How much you'll spend in Lisbon and in Ibadan

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Lisbon and in Ibadan actually costs, broken down by who's living it.

Monthly costs for one person with rent: $2,210 in Lisbon versus $251 in Ibadan.

Lisbon $2,210
Ibadan $251

Estimated couple costs with rent: $3,275 in Lisbon versus $558 in Ibadan.

Lisbon $3,275
Ibadan $558

Monthly costs for a family of three with rent: $4,341 in Lisbon versus $865 in Ibadan.

Lisbon $4,341
Ibadan $865

Living in Lisbon is roughly 782% more expensive than in Ibadan, and outside of rent the biggest gap is in eating out.

The two cities straddle the global median: Lisbon is 62% above, Ibadan is 82% below.

Meal at Budget Restaurant

$16.65 €14.95

$1.10 ₦1,471

1413.64%

Three-Course Dinner for Two, Mid-Range

$61.7 €55.5

$29.84 ₦40.0K

106.90%

Fast Food Meal (McDonalds, etc)

$11.36 €10.20

$6.06 ₦8,127

87.46%

Cappuccino

$2.97 €2.67

$0.78 ₦1,046

280.77%

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

$2.29 €2.06

$0.22 ₦295

940.91%

Water (0.33 liter bottle)

$1.74 €1.56

$0.13 ₦179

1238.46%

Local Beer (0.5 liter draught)

$3.40 €3.06

$0.53 ₦715

541.51%

Imported Beer (0.33 liter bottle)

$3.31 €2.97

$1.15 ₦1,545

187.83%

Milk (1 liter)

$1.16 €1.04

$0.58 ₦782

100.00%

White Bread (500g)

$1.91 €1.72

$0.60 ₦798

218.33%

Rice (white) (1kg)

$1.51 €1.36

$1.10 ₦1,478

37.27%

Eggs

$4.02 €3.61

$1.57 ₦2,102

156.05%

Local Cheese (1kg)

$12.94 €11.62

$3.62 ₦4,857

257.46%

Chicken Fillets (1kg)

$7.77 €6.98

$3.83 ₦5,129

102.87%

Beef Round Steak (1kg)

$17.76 €15.95

$0.72 ₦962

2366.67%

Apples (1kg)

$2.30 €2.07

$1.64 ₦2,203

40.24%

Banana (1kg)

$1.73 €1.56

$1.27 ₦1,696

36.22%

Oranges (1kg)

$1.86 €1.67

$1.09 ₦1,464

70.64%

Tomato (1kg)

$2.59 €2.33

$0.29 ₦388

793.10%

Potato (1kg)

$1.82 €1.64

$0.57 ₦769

219.30%

Onion (1kg)

$1.97 €1.77

$0.23 ₦308

756.52%

Lettuce (1 head)

$1.47 €1.32

$0.21 ₦281

600.00%

Water (1.5 liter bottle)

$0.72 €0.65

$0.12 ₦159

500.00%

Cigarettes 20 Pack (Marlboro, Camel)

$6.58 €5.91

$0.58 ₦781

1034.48%

Wine (Bottle)

$5.61 €5.04

$1.11 ₦1,484

405.41%

Local Beer (0.5 liter bottle)

$1.36 €1.22

$0.40 ₦531

240.00%

Imported Beer (0.33 liter bottle)

$2.14 €1.92

$0.50 ₦669

328.00%

One-way Ticket (Public Transport)

$2.33 €2.10

$0.14 ₦187

1564.29%

Public Transport Monthly Pass (Regular Price)

$44.68 €40.14

Taxi Start (Normal Tariff)

$3.85 €3.46

$0.66 ₦884

483.33%

Taxi (Normal Tariff) (1km)

$1.07 €0.96

$0.62 ₦825

72.58%

Taxi 1hour Waiting (Normal Tariff)

$16.46 €14.79

$1.14 ₦1,523

1343.86%

Gasoline (1 liter)

$2.20 €1.98

$0.57 ₦759

285.96%

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

$34.2K €30.7K

$4,183 ₦5.6M

717.41%

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

$38.7K €34.8K

$29.0K ₦38.8M

33.67%

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

$161 €145

$11.37 ₦15.2K

1317.94%

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

$18.41 €16.54

$3.83 ₦5,129

380.68%

Internet (50+ Mbps, Unlimited Data)

$32.74 €29.41

$8.60 ₦11.5K

280.70%

Gym Membership (Monthly)

$44.55 €40.02

$21.27 ₦28.5K

109.45%

Tennis Court (1 Hour on Weekend)

$19.10 €17.16

Cinema Ticket

$9.60 €8.62

$1.47 ₦1,973

553.06%

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

$668 €600

$48.34 ₦64.8K

1281.22%

International Primary School, 1 Child (Yearly)

$17.6K €15.8K

$622 ₦833.1K

2733.87%

Jeans (Levis 501 Or Similar)

$102 €91.6

$11.76 ₦15.8K

767.52%

Summer Dress (H&M, Zara, etc)

$44.46 €39.94

$5.62 ₦7,529

691.10%

Sport Shoes (Adidas, Nike)

$98.5 €88.5

$14.86 ₦19.9K

562.92%

Men's Leather Business Shoes

$124 €111

$20.99 ₦28.1K

489.19%

1-bedroom Apartment, City Center (Monthly)

$1,608 €1,445

$123 ₦165.0K

1206.53%

1-bedroom Apartment, Outside City Center (Monthly)

$1,190 €1,069

$45.67 ₦61.2K

2505.80%

3-bedroom Apartment, City Center (Monthly)

$2,812 €2,526

$444 ₦594.5K

534.00%

3-bedroom Apartment, Outside City Center (Monthly)

$2,013 €1,808

$293 ₦392.4K

587.69%

Buy Apartment in City Center (m2)

$7,839 €7,042

$849 ₦1.1M

823.30%

Buy Apartment Outside City Center (m2)

$4,576 €4,110

$30.37 ₦40.7K

14966.51%

Average Monthly Net Salary (After Tax)

$1,575 €1,415

$57.7 ₦77.3K

2631.04%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.85

18.39

-79.06%

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

Last update for Lisbon: October 27, 2026

Last update for Ibadan: October 26, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Lisbon

$1.2K 53.8%

Ibadan

$46 18.2% 96.2% $1.1K

Groceries & Markets

Lisbon

$272 12.3%

Ibadan

$86 34.3% 68.5% $186

Eating Out

Lisbon

$243 11%

Ibadan

$43 17.1% 82.4% $200

Monthly Utilities & Internet

Lisbon

$212 9.6%

Ibadan

$24 9.5% 88.8% $189

Clothing & Footwear

Lisbon

$166 7.5%

Ibadan

$24 9.6% 85.6% $142

Sport & Entertainment

Lisbon

$64 2.9%

Ibadan

$24 9.7% 62% $40

Getting Around

Lisbon

$63 2.9%

Ibadan

$4.3 * 1.7% 93.2% $59

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A one-bedroom apartment in the center runs $1,608 in Lisbon and $123 in Ibadan. Housing cost is often the main lever when comparing two cities.

Lisbon pays about 27 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $62 in Lisbon vs $30 in Ibadan for a mid-range dinner for two. Groceries echo the gap at $272 vs $86 per month, with Ibadan cheaper across the board.

Good to know

🇵🇹 Lisbon

🇳🇬 Ibadan

🕒 Local time

20:26 8:26 PM

21:26 9:26 PM

1 h ahead of Lisbon

🌤 Weather

👥 Population

545,923 Capital

3,034,200

💱 Currency

Euro EUR €

Nigerian Naira NGN ₦

📈 Exchange rate

1 EUR = 1.11 USD

10,000 NGN = 7.46 USD

10,000 NGN = 6.7 EUR

Exchange rates and currency converter

NGN, USD to EUR – Euro Converter

🇺🇸 United States Dollar ($)

🇪🇺 Euro (€)

Euro exchange rates as of October 28, 2026: 1 USD = 0.898 EUR (1 EUR = 1.11 USD).

Nigerian Naira exchange rates as of October 28, 2026: 1 USD = 1,340 NGN (10,000 NGN = 7.46 USD). 1 EUR = 1,492 NGN (10,000 NGN = 6.7 EUR).

USD to EUR in detail →

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Between locations

Lisbon Ibadan 3,720 km ≈ 5 h nonstop flight

From you

Lisbon
Ibadan

Distances are measured in a straight line. Your location is detected approximately.

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 89% 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 in Lisbon is about 27 times higher, 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: $1,608 in Lisbon versus $123 in Ibadan. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $668 in Lisbon versus $48 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 versus $62 in Lisbon. If you eat out regularly, this makes a real dent in your monthly spending.

At $251 in Ibadan versus $2,210 in Lisbon, a $800 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 cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

It comes down to priorities – Ibadan wins on affordability, Lisbon on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.