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

Monthly Cost of Living

A single person spends $2,263 per month in Lisbon vs $1,037 in Ikeja, rent included.

A couple spends around $3,315 per month in Lisbon vs $1,658 in Ikeja, rent included.

A family of three spends $4,368 per month in Lisbon vs $2,280 in Ikeja, rent included.

Lisbon costs about 118% more than Ikeja, driven mainly by Eating Out.

Lisbon sits 68% above the global median, while Ikeja is 23% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$15.94 €13.82

$1.50 ₦2,038

962.67%

Three-Course Dinner for Two, Mid-Range

$63.4 €54.9

$32.81 ₦44.6K

93.14%

Fast Food Meal (McDonalds, etc)

$10.38 €9.00

$5.29 ₦7,176

96.22%

Cappuccino

$2.79 €2.42

$2.10 ₦2,847

32.86%

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

$2.34 €2.03

$0.33 ₦452

609.09%

Water (0.33 liter bottle)

$1.57 €1.36

$0.20 ₦271

685.00%

Local Beer (0.5 liter draught)

$3.43 €2.97

$0.80 ₦1,086

328.75%

Imported Beer (0.33 liter bottle)

$3.91 €3.39

$1.45 ₦1,969

169.66%

Milk (1 liter)

$1.08 €0.93

$2.19 ₦2,974

-50.68%

White Bread (500g)

$1.77 €1.53

$1.24 ₦1,682

42.74%

Rice (white) (1kg)

$1.71 €1.48

$2.26 ₦3,069

-24.34%

Eggs

$3.15 €2.73

$1.71 ₦2,316

84.21%

Local Cheese (1kg)

$13.68 €11.86

$6.22 ₦8,448

119.94%

Chicken Fillets (1kg)

$8.01 €6.94

$4.20 ₦5,708

90.71%

Beef Round Steak (1kg)

$15.52 €13.45

$5.43 ₦7,369

185.82%

Apples (1kg)

$2.29 €1.99

$3.49 ₦4,735

-34.38%

Banana (1kg)

$1.64 €1.42

$2.05 ₦2,778

-20.00%

Oranges (1kg)

$1.94 €1.68

$2.17 ₦2,952

-10.60%

Tomato (1kg)

$2.51 €2.18

$2.37 ₦3,222

5.91%

Potato (1kg)

$1.79 €1.55

$2.29 ₦3,110

-21.83%

Onion (1kg)

$2.01 €1.74

$2.03 ₦2,759

-0.99%

Lettuce (1 head)

$1.97 €1.70

$2.02 ₦2,741

-2.48%

Water (1.5 liter bottle)

$0.84 €0.73

$0.36 ₦483

133.33%

Cigarettes 20 Pack (Marlboro, Camel)

$6.79 €5.88

$1.29 ₦1,757

426.36%

Wine (Bottle)

$5.67 €4.92

$2.53 ₦3,440

124.11%

Local Beer (0.5 liter bottle)

$1.39 €1.20

$0.69 ₦932

101.45%

Imported Beer (0.33 liter bottle)

$3.02 €2.61

$0.90 ₦1,217

235.56%

One-way Ticket (Public Transport)

$2.27 €1.97

$0.31 ₦428

632.26%

Public Transport Monthly Pass (Regular Price)

$45.44 €39.38

$9.93 ₦13.5K

357.60%

Taxi Start (Normal Tariff)

$4.29 €3.72

$1.24 ₦1,682

245.97%

Taxi (Normal Tariff) (1km)

$0.85 €0.74

$2.16 ₦2,932

-60.65%

Taxi 1hour Waiting (Normal Tariff)

$18.28 €15.84

$4.60 ₦6,248

297.39%

Gasoline (1 liter)

$1.99 €1.72

$0.39 ₦525

410.26%

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

$35.0K €30.4K

$20.1K ₦27.3M

74.05%

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

$39.5K €34.3K

$20.8K ₦28.2M

90.41%

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

$146 €127

$41.16 ₦55.9K

255.15%

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

$20.45 €17.72

$10.23 ₦13.9K

99.90%

Internet (50+ Mbps, Unlimited Data)

$38.98 €33.78

$33.71 ₦45.8K

15.63%

Gym Membership (Monthly)

$48.98 €42.46

Tennis Court (1 Hour on Weekend)

$18.83 €16.32

Cinema Ticket

$9.52 €8.25

$6.48 ₦8,804

46.91%

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

$608 €527

$81.9 ₦111.2K

642.52%

International Primary School, 1 Child (Yearly)

$16.5K €14.3K

$2,268 ₦3.1M

628.09%

Jeans (Levis 501 Or Similar)

$104 €90.0

$19.03 ₦25.8K

445.93%

Summer Dress (H&M, Zara, etc)

$42.12 €36.50

$24.91 ₦33.8K

69.09%

Sport Shoes (Adidas, Nike)

$92.2 €79.9

$63.6 ₦86.4K

44.91%

Men's Leather Business Shoes

$120 €104

$56.5 ₦76.7K

112.56%

1-bedroom Apartment, City Center (Monthly)

$1,621 €1,405

$827 ₦1.1M

96.07%

1-bedroom Apartment, Outside City Center (Monthly)

$1,268 €1,099

$615 ₦834.7K

106.19%

3-bedroom Apartment, City Center (Monthly)

$3,048 €2,642

$1,930 ₦2.6M

57.96%

3-bedroom Apartment, Outside City Center (Monthly)

$2,009 €1,741

$1,198 ₦1.6M

67.67%

Buy Apartment in City Center (m2)

$7,663 €6,641

Buy Apartment Outside City Center (m2)

$4,329 €3,752

Average Monthly Net Salary (After Tax)

$1,585 €1,374

$73.8 ₦100.2K

2046.92%

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 8, 2026

Last update for Ikeja: June 7, 2026

Cost Breakdown

A central one-bedroom costs $1,621 in Lisbon versus $827 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 2047% higher in Lisbon, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $63.0 in Lisbon versus $33.00 in Ikeja. Monthly groceries follow the same trend: $269 vs $190 – 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

Lisbon costs about 118% more than Ikeja, 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 $3,394 per month in Lisbon and $1,555 in Ikeja. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Groceries cost about 42% more in Lisbon, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A mid-range dinner for two costs $63.0 in Lisbon and $33.00 in Ikeja. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

A $1,000 monthly budget goes further in Ikeja, where all-in costs run around $1,037, than in Lisbon at $2,263. In Ikeja it covers expenses comfortably, while in Lisbon it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Ikeja costs $1,037 versus $2,263 in Lisbon. 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 Ikeja. If higher salaries, better infrastructure, or specific career opportunities are the priority, Lisbon makes more sense. Both are solid long-term options with distinct trade-offs.