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: $2,291 in Lisbon versus $800 in Ibadan.

Estimated couple costs with rent: $3,322 in Lisbon versus $1,491 in Ibadan.

Monthly costs for a family of three with rent: $4,354 in Lisbon versus $2,182 in Ibadan.

Living in Lisbon is roughly 186% more expensive than in Ibadan, driven mainly by Eating Out.

The two cities straddle the global median: Lisbon is 71% above, Ibadan is 40% below.

Currency
🍽 Eating Out
Lisbon
Ibadan
Difference
Meal at Budget Restaurant
$16.19 €14.18
$1.82 ₦2,509
789.56%
Three-Course Dinner for Two, Mid-Range
$63.3 €55.5
$28.21 ₦38.8K
124.49%
Fast Food Meal (McDonalds, etc)
$10.32 €9.04
$5.42 ₦7,453
90.41%
Cappuccino
$2.83 €2.48
$1.00 ₦1,376
183.00%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.29 €2.01
$0.29 ₦403
689.66%
Water (0.33 liter bottle)
$1.58 €1.38
$0.17 ₦228
829.41%
Local Beer (0.5 liter draught)
$3.40 €2.98
$0.81 ₦1,115
319.75%
Imported Beer (0.33 liter bottle)
$4.03 €3.53
$1.26 ₦1,737
219.84%
🛒 Groceries & Markets
Lisbon
Ibadan
Difference
Milk (1 liter)
$1.09 €0.96
$2.29 ₦3,148
-52.40%
White Bread (500g)
$1.75 €1.53
$1.15 ₦1,586
52.17%
Rice (white) (1kg)
$1.76 €1.54
$2.11 ₦2,898
-16.59%
Eggs
$3.17 €2.77
$1.76 ₦2,426
80.11%
Local Cheese (1kg)
$13.19 €11.56
$4.27 ₦5,877
208.90%
Chicken Fillets (1kg)
$7.97 €6.98
$4.16 ₦5,727
91.59%
Beef Round Steak (1kg)
$15.53 €13.60
$4.02 ₦5,530
286.32%
Apples (1kg)
$2.37 €2.07
$2.43 ₦3,338
-2.47%
Banana (1kg)
$1.71 €1.49
$1.17 ₦1,605
46.15%
Oranges (1kg)
$2.01 €1.76
$1.23 ₦1,695
63.41%
Tomato (1kg)
$2.43 €2.13
$1.69 ₦2,319
43.79%
Potato (1kg)
$1.76 €1.54
$2.15 ₦2,963
-18.14%
Onion (1kg)
$2.03 €1.78
$1.51 ₦2,078
34.44%
Lettuce (1 head)
$1.92 €1.68
$0.98 ₦1,342
95.92%
Water (1.5 liter bottle)
$0.85 €0.74
$0.33 ₦448
157.58%
Cigarettes 20 Pack (Marlboro, Camel)
$6.58 €5.76
$1.26 ₦1,727
422.22%
Wine (Bottle)
$5.58 €4.89
$0.94 ₦1,287
493.62%
Local Beer (0.5 liter bottle)
$1.33 €1.17
$0.67 ₦924
98.51%
Imported Beer (0.33 liter bottle)
$2.97 €2.60
$0.88 ₦1,207
237.50%
🚌 Getting Around
Lisbon
Ibadan
Difference
One-way Ticket (Public Transport)
$2.28 €1.99
$0.32 ₦445
612.50%
Public Transport Monthly Pass (Regular Price)
$45.79 €40.10
$35.59 ₦49.0K
28.66%
Taxi Start (Normal Tariff)
$4.23 €3.70
$1.20 ₦1,653
252.50%
Taxi (Normal Tariff) (1km)
$0.81 €0.71
$1.05 ₦1,438
-22.86%
Taxi 1hour Waiting (Normal Tariff)
$18.44 €16.15
$3.68 ₦5,062
401.09%
Gasoline (1 liter)
$2.08 €1.82
$0.54 ₦743
285.19%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$34.7K €30.4K
$9,612 ₦13.2M
260.68%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$39.2K €34.3K
$14.4K ₦19.8M
171.64%
🧾 Monthly Utilities & Internet
Lisbon
Ibadan
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$148 €130
$21.37 ₦29.4K
592.79%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$20.46 €17.92
$7.64 ₦10.5K
167.80%
Internet (50+ Mbps, Unlimited Data)
$39.56 €34.64
$20.19 ₦27.8K
95.94%
🎉 Sport & Entertainment
Lisbon
Ibadan
Difference
Gym Membership (Monthly)
$47.99 €42.03
$30.06 ₦41.3K
59.65%
Tennis Court (1 Hour on Weekend)
$18.60 €16.29
-
-
Cinema Ticket
$9.22 €8.08
$2.58 ₦3,555
257.36%
🧸 Childcare & Education
Lisbon
Ibadan
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$616 €540
$49.94 ₦68.7K
1133.66%
International Primary School, 1 Child (Yearly)
$16.4K €14.4K
$1,865 ₦2.6M
781.44%
👕👟 Clothing & Footwear
Lisbon
Ibadan
Difference
Jeans (Levis 501 Or Similar)
$103 €90.0
$18.39 ₦25.3K
458.46%
Summer Dress (H&M, Zara, etc)
$41.74 €36.55
$24.84 ₦34.2K
68.04%
Sport Shoes (Adidas, Nike)
$94.8 €83.0
$43.22 ₦59.5K
119.27%
Men's Leather Business Shoes
$122 €107
$30.12 ₦41.4K
305.11%
🏠 Accommodation & Living
Lisbon
Ibadan
Difference
1-bedroom Apartment, City Center (Monthly)
$1,633 €1,430
$449 ₦617.8K
263.53%
1-bedroom Apartment, Outside City Center (Monthly)
$1,232 €1,079
$423 ₦581.7K
191.44%
3-bedroom Apartment, City Center (Monthly)
$3,098 €2,713
$1,235 ₦1.7M
150.95%
3-bedroom Apartment, Outside City Center (Monthly)
$2,031 €1,779
$1,282 ₦1.8M
58.41%
Buy Apartment in City Center (m2)
$7,831 €6,858
$835 ₦1.1M
838.06%
Buy Apartment Outside City Center (m2)
$4,389 €3,844
$29.39 ₦40.4K
14834.60%
💵 Salaries & Financials
Lisbon
Ibadan
Difference
Average Monthly Net Salary (After Tax)
$1,607 €1,408
$54.9 ₦75.5K
2828.72%
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 14, 2026

Last update for Ibadan: July 12, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,633 in Lisbon and $449 in Ibadan. Housing cost is often the main lever when comparing two cities.

Lisbon pays 2829% 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: $63.0 in Lisbon vs $28.00 in Ibadan for a mid-range dinner for two. Groceries echo the gap at $267 vs $152 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
Which city is more expensive, Lisbon or Ibadan?
Ibadan wins on cost – living expenses run 186% 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.
Are salaries higher in Lisbon or in Ibadan?
Average pay runs 2829% higher in Lisbon, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.
How much does a 1-bedroom apartment cost in Lisbon compared to Ibadan?
Rent for a central apartment: $1,633 in Lisbon versus $449 in Ibadan. Housing is usually the single largest factor when comparing overall living costs between the two.
How do childcare costs compare in Lisbon and in Ibadan?
Childcare runs $616 in Lisbon versus $49.94 in Ibadan. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.
Are groceries more expensive in Lisbon or in Ibadan?
Supermarket bills run roughly 75% higher in Lisbon. For households that cook at home regularly, that difference adds up over a month.
Can you live on $1,000/month in Lisbon or in Ibadan?
At $800 in Ibadan versus $2,291 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.
Which city is better for digital nomads, Lisbon or Ibadan?
Both work as nomad bases, but Ibadan delivers better value – similar infrastructure at $800 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Ibadan hard to pass up.
How safe is Lisbon compared to Ibadan?
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.
Which city is more affordable for expats?
Expats usually find Ibadan gentler on the wallet – expenses run 186% less than in Lisbon. Beyond cost, consider language, visa policies, and how big the international community is in each city.

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