Cost of Living Comparison Between Mexico City and Ibadan Cost of Living Comparison Between Mexico City and Ibadan

Monthly Cost of Living

Monthly costs for one person with rent: $1,456 in Mexico City versus $800 in Ibadan.

Estimated couple costs with rent: $2,361 in Mexico City versus $1,491 in Ibadan.

Monthly costs for a family of three with rent: $3,266 in Mexico City versus $2,182 in Ibadan.

Living in Mexico City is roughly 82% more expensive than in Ibadan, driven mainly by Eating Out.

The two cities straddle the global median: Mexico City is 9% above, Ibadan is 40% below.

Meal at Budget Restaurant

$13.07 MX$228

$1.82 ₦2,509

618.13%

Three-Course Dinner for Two, Mid-Range

$53.8 MX$936

$28.21 ₦38.8K

90.54%

Fast Food Meal (McDonalds, etc)

$9.68 MX$169

$5.42 ₦7,453

78.60%

Cappuccino

$3.74 MX$65.1

$1.00 ₦1,376

274.00%

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

$1.62 MX$28.13

$0.29 ₦403

458.62%

Water (0.33 liter bottle)

$1.16 MX$20.23

$0.17 ₦228

582.35%

Local Beer (0.5 liter draught)

$3.23 MX$56.2

$0.81 ₦1,115

298.77%

Imported Beer (0.33 liter bottle)

$4.74 MX$82.5

$1.26 ₦1,737

276.19%

Milk (1 liter)

$1.65 MX$28.68

$2.29 ₦3,148

-27.95%

White Bread (500g)

$2.75 MX$47.95

$1.15 ₦1,586

139.13%

Rice (white) (1kg)

$1.87 MX$32.63

$2.11 ₦2,898

-11.37%

Eggs

$2.50 MX$43.54

$1.76 ₦2,426

42.05%

Local Cheese (1kg)

$10.20 MX$178

$4.27 ₦5,877

138.88%

Chicken Fillets (1kg)

$8.25 MX$144

$4.16 ₦5,727

98.32%

Beef Round Steak (1kg)

$11.82 MX$206

$4.02 ₦5,530

194.03%

Apples (1kg)

$3.01 MX$52.4

$2.43 ₦3,338

23.87%

Banana (1kg)

$1.81 MX$31.54

$1.17 ₦1,605

54.70%

Oranges (1kg)

$2.00 MX$34.81

$1.23 ₦1,695

62.60%

Tomato (1kg)

$2.00 MX$34.74

$1.69 ₦2,319

18.34%

Potato (1kg)

$2.08 MX$36.30

$2.15 ₦2,963

-3.26%

Onion (1kg)

$2.27 MX$39.56

$1.51 ₦2,078

50.33%

Lettuce (1 head)

$1.46 MX$25.36

$0.98 ₦1,342

48.98%

Water (1.5 liter bottle)

$1.08 MX$18.74

$0.33 ₦448

227.27%

Cigarettes 20 Pack (Marlboro, Camel)

$4.35 MX$75.7

$1.26 ₦1,727

245.24%

Wine (Bottle)

$16.99 MX$296

$0.94 ₦1,287

1707.45%

Local Beer (0.5 liter bottle)

$1.73 MX$30.18

$0.67 ₦924

158.21%

Imported Beer (0.33 liter bottle)

$3.58 MX$62.3

$0.88 ₦1,207

306.82%

One-way Ticket (Public Transport)

$0.39 MX$6.74

$0.32 ₦445

21.88%

Public Transport Monthly Pass (Regular Price)

$18.69 MX$325

$35.59 ₦49.0K

-47.49%

Taxi Start (Normal Tariff)

$1.33 MX$23.08

$1.20 ₦1,653

10.83%

Taxi (Normal Tariff) (1km)

$0.28 MX$4.87

$1.05 ₦1,438

-73.33%

Taxi 1hour Waiting (Normal Tariff)

$5.25 MX$91.5

$3.68 ₦5,062

42.66%

Gasoline (1 liter)

$1.34 MX$23.27

$0.54 ₦743

148.15%

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

$19.4K MX$338.0K

$9,612 ₦13.2M

101.94%

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

$23.8K MX$415.0K

$14.4K ₦19.8M

65.33%

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

$40.69 MX$709

$21.37 ₦29.4K

90.41%

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

$26.87 MX$468

$7.64 ₦10.5K

251.70%

Internet (50+ Mbps, Unlimited Data)

$30.51 MX$531

$20.19 ₦27.8K

51.11%

Gym Membership (Monthly)

$52.8 MX$919

$30.06 ₦41.3K

75.58%

Tennis Court (1 Hour on Weekend)

$26.65 MX$464

Cinema Ticket

$6.51 MX$113

$2.58 ₦3,555

152.33%

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

$428 MX$7,454

$49.94 ₦68.7K

757.15%

International Primary School, 1 Child (Yearly)

$10.5K MX$182.8K

$1,865 ₦2.6M

462.92%

Jeans (Levis 501 Or Similar)

$57.3 MX$997

$18.39 ₦25.3K

211.31%

Summer Dress (H&M, Zara, etc)

$45.50 MX$792

$24.84 ₦34.2K

83.17%

Sport Shoes (Adidas, Nike)

$104 MX$1,812

$43.22 ₦59.5K

140.75%

Men's Leather Business Shoes

$108 MX$1,878

$30.12 ₦41.4K

257.97%

1-bedroom Apartment, City Center (Monthly)

$1,003 MX$17.5K

$449 ₦617.8K

123.42%

1-bedroom Apartment, Outside City Center (Monthly)

$623 MX$10.8K

$423 ₦581.7K

47.26%

3-bedroom Apartment, City Center (Monthly)

$2,109 MX$36.7K

$1,235 ₦1.7M

70.82%

3-bedroom Apartment, Outside City Center (Monthly)

$1,218 MX$21.2K

$1,282 ₦1.8M

-5.02%

Buy Apartment in City Center (m2)

$3,885 MX$67.6K

$835 ₦1.1M

365.32%

Buy Apartment Outside City Center (m2)

$2,033 MX$35.4K

$29.39 ₦40.4K

6815.82%

Average Monthly Net Salary (After Tax)

$1,038 MX$18.1K

$54.9 ₦75.5K

1791.02%

20-Year Fixed Mortgage Interest Rate (Annual %)

11.34

16.33

-30.56%

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

Last update for Mexico City: July 13, 2026

Last update for Ibadan: July 12, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,003 in Mexico City and $449 in Ibadan. Housing cost is often the main lever when comparing two cities.

Mexico City pays 1791% 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: $54.0 in Mexico City vs $28.00 in Ibadan for a mid-range dinner for two. Groceries echo the gap at $292 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

Mexico City vs Ibadan: Cost of Living - Frequently Asked Questions

Ibadan wins on cost – living expenses run 82% lower than in Mexico City. Housing and daily spending are where you'll feel the difference most, making Ibadan the obvious pick if budget is a priority.

Average pay runs 1791% higher in Mexico City, 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: $1,003 in Mexico City versus $449 in Ibadan. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $428 in Mexico City versus $49.94 in Ibadan. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Supermarket bills run roughly 92% higher in Mexico City. For households that cook at home regularly, that difference adds up over a month.

At $800 in Ibadan versus $1,456 in Mexico City, a $1,000 budget is realistic in Ibadan but tight or insufficient in Mexico City. The gap between the two cities makes Ibadan the clear choice for anyone on this budget.

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.

Expats usually find Ibadan gentler on the wallet – expenses run 82% less than in Mexico City. Beyond cost, consider language, visa policies, and how big the international community is in each city.