Cost of Living Comparison Between Lisbon and Ikeja Cost of Living Comparison Between Lisbon and Ikeja

Monthly Cost of Living

A single person spends $2,268 per month in Lisbon vs $2,411 in Ikeja, rent included.

A couple spends around $3,348 per month in Lisbon vs $4,102 in Ikeja, rent included.

A family of three spends $4,429 per month in Lisbon vs $5,792 in Ikeja, rent included.

Lisbon is about 6% cheaper than Ikeja, driven mainly by Eating Out.

Both Lisbon and Ikeja sit above the global median – Lisbon by 64%, Ikeja by 75%.

Meal at Budget Restaurant

$17.55 €15.12

$0.53 ₦706

3211.32%

Three-Course Dinner for Two, Mid-Range

$64.5 €55.6

$11.37 ₦15.1K

467.19%

Fast Food Meal (McDonalds, etc)

$11.65 €10.04

$7.41 ₦9,821

57.22%

Cappuccino

$3.26 €2.81

$2.72 ₦3,600

19.85%

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

$2.49 €2.15

$0.15 ₦196

1560.00%

Water (0.33 liter bottle)

$1.67 €1.44

$0.06 ₦81.8

2683.33%

Local Beer (0.5 liter draught)

$3.47 €2.99

$0.31 ₦412

1019.35%

Imported Beer (0.33 liter bottle)

$3.58 €3.08

$2.02 ₦2,677

77.23%

Milk (1 liter)

$1.18 €1.02

$0.72 ₦956

63.89%

White Bread (500g)

$1.95 €1.68

$0.72 ₦953

170.83%

Rice (white) (1kg)

$1.56 €1.35

$1.20 ₦1,594

30.00%

Eggs

$4.01 €3.46

$2.23 ₦2,955

79.82%

Local Cheese (1kg)

$13.27 €11.44

$3.56 ₦4,719

272.75%

Chicken Fillets (1kg)

$8.42 €7.26

$3.98 ₦5,272

111.56%

Beef Round Steak (1kg)

$18.23 €15.72

$4.43 ₦5,869

311.51%

Apples (1kg)

$2.32 €2.00

$1.70 ₦2,257

36.47%

Banana (1kg)

$1.73 €1.49

$1.29 ₦1,712

34.11%

Oranges (1kg)

$1.93 €1.67

$1.13 ₦1,499

70.80%

Tomato (1kg)

$2.64 €2.27

$1.27 ₦1,679

107.87%

Potato (1kg)

$1.90 €1.64

$1.32 ₦1,745

43.94%

Onion (1kg)

$2.11 €1.82

$1.30 ₦1,717

62.31%

Lettuce (1 head)

$1.44 €1.24

$0.83 ₦1,104

73.49%

Water (1.5 liter bottle)

$0.80 €0.69

$0.39 ₦519

105.13%

Cigarettes 20 Pack (Marlboro, Camel)

$7.01 €6.04

$0.55 ₦724

1174.55%

Wine (Bottle)

$5.92 €5.11

$2.68 ₦3,553

120.90%

Local Beer (0.5 liter bottle)

$1.36 €1.18

$0.54 ₦720

151.85%

Imported Beer (0.33 liter bottle)

$2.15 €1.85

$0.46 ₦608

367.39%

One-way Ticket (Public Transport)

$2.38 €2.05

$0.10 ₦131

2280.00%

Public Transport Monthly Pass (Regular Price)

$46.22 €39.85

$3.44 ₦4,562

1243.60%

Taxi Start (Normal Tariff)

$4.19 €3.61

$0.70 ₦921

498.57%

Taxi (Normal Tariff) (1km)

$1.10 €0.95

$0.92 ₦1,213

19.57%

Taxi 1hour Waiting (Normal Tariff)

$17.26 €14.88

$2.23 ₦2,961

673.99%

Gasoline (1 liter)

$2.25 €1.94

$0.14 ₦186

1507.14%

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

$34.5K €29.7K

$11.2K ₦14.9M

206.58%

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

$41.6K €35.9K

$13.4K ₦17.7M

211.25%

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

$171 €147

$110 ₦145.3K

55.84%

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

$19.01 €16.38

$16.20 ₦21.5K

17.35%

Internet (50+ Mbps, Unlimited Data)

$34.28 €29.55

$33.03 ₦43.8K

3.78%

Gym Membership (Monthly)

$49.65 €42.80

Tennis Court (1 Hour on Weekend)

$19.51 €16.81

Cinema Ticket

$10.10 €8.71

$4.67 ₦6,193

116.27%

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

$699 €603

$662 ₦877.0K

5.65%

International Primary School, 1 Child (Yearly)

$17.8K €15.3K

$19.6K ₦26.0M

-9.53%

Jeans (Levis 501 Or Similar)

$105 €90.2

$14.46 ₦19.2K

623.37%

Summer Dress (H&M, Zara, etc)

$47.97 €41.35

$18.41 ₦24.4K

160.56%

Sport Shoes (Adidas, Nike)

$102 €87.8

$35.95 ₦47.6K

183.37%

Men's Leather Business Shoes

$128 €111

$47.64 ₦63.1K

169.31%

1-bedroom Apartment, City Center (Monthly)

$1,661 €1,432

$3,447 ₦4.6M

-51.80%

1-bedroom Apartment, Outside City Center (Monthly)

$1,228 €1,059

$1,984 ₦2.6M

-38.09%

3-bedroom Apartment, City Center (Monthly)

$2,915 €2,513

$6,568 ₦8.7M

-55.61%

3-bedroom Apartment, Outside City Center (Monthly)

$2,023 €1,744

$4,908 ₦6.5M

-58.78%

Buy Apartment in City Center (m2)

$8,129 €7,007

Buy Apartment Outside City Center (m2)

$4,635 €3,996

Average Monthly Net Salary (After Tax)

$1,619 €1,396

$74.0 ₦98.1K

2088.67%

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 Ikeja: September 7, 2026

Cost Breakdown

A central one-bedroom costs $1,661 in Lisbon versus $3,447 in Ikeja. 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 2089% higher in Lisbon, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $64.0 in Lisbon versus $11.00 in Ikeja. Monthly groceries follow the same trend: $281 vs $123 – making Ikeja 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 Ikeja: Cost of Living - Frequently Asked Questions

Ikeja costs about 6% more than Lisbon, with the gap driven mainly by Eating Out. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $3,402 per month in Lisbon and $3,617 in Ikeja. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Lisbon, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Interestingly, groceries are about 129% cheaper in Ikeja – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.

A mid-range dinner for two costs $64.0 in Lisbon and $11.00 in Ikeja. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

$3,000 is a stretch for both – monthly costs hit $2,268 in Lisbon and $2,411 in Ikeja. You'll need shared housing and careful budgeting no matter which city you pick.

For digital nomads, it depends on budget. Lisbon costs $2,268 versus $2,411 in Ikeja. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.

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 Lisbon. If higher salaries, better infrastructure, or specific career opportunities are the priority, Ikeja makes more sense. Both are solid long-term options with distinct trade-offs.