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

Monthly Cost of Living

A single person spends $2,243 per month in Lisbon vs $1,056 in Ikeja, rent included.

A couple spends around $3,315 per month in Lisbon vs $1,641 in Ikeja, rent included.

A family of three spends $4,387 per month in Lisbon vs $2,227 in Ikeja, rent included.

Lisbon costs about 113% more than Ikeja, driven mainly by Eating Out.

Lisbon sits 67% above the global median, while Ikeja is 21% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$15.73 €13.42

$1.50 ₦2,024

948.67%

Three-Course Dinner for Two, Mid-Range

$63.2 €53.9

$32.42 ₦43.7K

94.82%

Fast Food Meal (McDonalds, etc)

$10.32 €8.80

$5.26 ₦7,096

96.20%

Cappuccino

$2.81 €2.40

$2.20 ₦2,962

27.73%

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

$2.33 €1.99

$0.34 ₦456

585.29%

Water (0.33 liter bottle)

$1.51 €1.29

$0.20 ₦270

655.00%

Local Beer (0.5 liter draught)

$3.37 €2.87

$0.85 ₦1,140

296.47%

Imported Beer (0.33 liter bottle)

$3.91 €3.34

$1.44 ₦1,947

171.53%

Milk (1 liter)

$1.08 €0.92

$2.11 ₦2,853

-48.82%

White Bread (500g)

$1.75 €1.49

$1.24 ₦1,674

41.13%

Rice (white) (1kg)

$1.75 €1.50

$2.33 ₦3,144

-24.89%

Eggs

$3.10 €2.64

$1.76 ₦2,370

76.14%

Local Cheese (1kg)

$13.28 €11.33

$6.25 ₦8,432

112.48%

Chicken Fillets (1kg)

$7.85 €6.70

$4.16 ₦5,608

88.70%

Beef Round Steak (1kg)

$16.05 €13.69

$5.30 ₦7,154

202.83%

Apples (1kg)

$2.39 €2.04

$3.60 ₦4,851

-33.61%

Banana (1kg)

$1.72 €1.47

$2.03 ₦2,742

-15.27%

Oranges (1kg)

$1.97 €1.68

$2.10 ₦2,833

-6.19%

Tomato (1kg)

$2.55 €2.17

$2.37 ₦3,192

7.59%

Potato (1kg)

$1.79 €1.53

$2.38 ₦3,206

-24.79%

Onion (1kg)

$1.97 €1.68

$2.01 ₦2,706

-1.99%

Lettuce (1 head)

$1.96 €1.67

$2.00 ₦2,693

-2.00%

Water (1.5 liter bottle)

$0.84 €0.71

$0.35 ₦477

140.00%

Cigarettes 20 Pack (Marlboro, Camel)

$6.82 €5.82

$1.26 ₦1,705

441.27%

Wine (Bottle)

$5.85 €4.99

$3.14 ₦4,232

86.31%

Local Beer (0.5 liter bottle)

$1.38 €1.18

$0.64 ₦857

115.62%

Imported Beer (0.33 liter bottle)

$2.92 €2.49

$0.95 ₦1,276

207.37%

One-way Ticket (Public Transport)

$2.29 €1.95

$0.31 ₦425

638.71%

Public Transport Monthly Pass (Regular Price)

$46.88 €39.99

$9.91 ₦13.4K

373.06%

Taxi Start (Normal Tariff)

$4.12 €3.51

$1.24 ₦1,667

232.26%

Taxi (Normal Tariff) (1km)

$0.81 €0.69

$2.15 ₦2,899

-62.33%

Taxi 1hour Waiting (Normal Tariff)

$18.94 €16.16

$4.61 ₦6,221

310.85%

Gasoline (1 liter)

$2.09 €1.78

$0.38 ₦515

450.00%

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

$35.1K €30.0K

$20.2K ₦27.2M

74.25%

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

$39.7K €33.9K

$20.9K ₦28.2M

90.26%

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

$150 €128

$41.16 ₦55.5K

263.36%

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

$20.49 €17.48

$10.05 ₦13.6K

103.88%

Internet (50+ Mbps, Unlimited Data)

$39.15 €33.40

$33.91 ₦45.7K

15.45%

Gym Membership (Monthly)

$49.65 €42.35

Tennis Court (1 Hour on Weekend)

$18.47 €15.76

Cinema Ticket

$9.20 €7.84

$6.47 ₦8,728

42.19%

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

$624 €533

$83.2 ₦112.2K

650.77%

International Primary School, 1 Child (Yearly)

$15.9K €13.6K

$2,341 ₦3.2M

579.34%

Jeans (Levis 501 Or Similar)

$102 €87.2

$19.37 ₦26.1K

427.47%

Summer Dress (H&M, Zara, etc)

$40.88 €34.87

$24.74 ₦33.4K

65.24%

Sport Shoes (Adidas, Nike)

$95.7 €81.6

$63.4 ₦85.5K

51.05%

Men's Leather Business Shoes

$121 €103

$58.1 ₦78.4K

108.29%

1-bedroom Apartment, City Center (Monthly)

$1,653 €1,410

$845 ₦1.1M

95.50%

1-bedroom Apartment, Outside City Center (Monthly)

$1,233 €1,051

$614 ₦827.9K

100.84%

3-bedroom Apartment, City Center (Monthly)

$3,043 €2,596

$1,906 ₦2.6M

59.67%

3-bedroom Apartment, Outside City Center (Monthly)

$2,059 €1,756

$1,195 ₦1.6M

72.39%

Buy Apartment in City Center (m2)

$7,879 €6,720

Buy Apartment Outside City Center (m2)

$4,303 €3,671

Average Monthly Net Salary (After Tax)

$1,566 €1,336

$126 ₦169.6K

1145.60%

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: April 21, 2026

Last update for Ikeja: April 20, 2026

Cost Breakdown

A central one-bedroom costs $1,653 in Lisbon versus $845 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 1146% 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 in Lisbon versus $32 in Ikeja. Monthly groceries follow the same trend: $270 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 113% 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 $3,365 per month in Lisbon and $1,583 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 41% 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 $32.00 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 $1,056, than in Lisbon at $2,243. 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 $1,056 versus $2,243 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.