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: $1,467 in Mexico City versus $812 in Ibadan.

Estimated couple costs with rent: $2,371 in Mexico City versus $1,520 in Ibadan.

Monthly costs for a family of three with rent: $3,274 in Mexico City versus $2,229 in Ibadan.

Living in Mexico City is roughly 81% more expensive than Ibadan, driven mainly by Eating Out.

The two cities straddle the global median: Mexico City is 10% above, Ibadan is 39% below.

Meal at Budget Restaurant

$13.18 MX$228

$1.83 ₦2,488

620.22%

Three-Course Dinner for Two, Mid-Range

$53.9 MX$931

$29.27 ₦39.8K

84.15%

Fast Food Meal (McDonalds, etc)

$9.42 MX$163

$5.47 ₦7,426

72.21%

Cappuccino

$3.55 MX$61.3

$1.03 ₦1,405

244.66%

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

$1.62 MX$27.95

$0.29 ₦395

458.62%

Water (0.33 liter bottle)

$1.11 MX$19.25

$0.19 ₦260

484.21%

Local Beer (0.5 liter draught)

$3.12 MX$53.9

$0.76 ₦1,035

310.53%

Imported Beer (0.33 liter bottle)

$4.63 MX$80.0

$1.26 ₦1,714

267.46%

Milk (1 liter)

$1.70 MX$29.40

$2.35 ₦3,187

-27.66%

White Bread (500g)

$2.72 MX$46.97

$1.15 ₦1,563

136.52%

Rice (white) (1kg)

$1.91 MX$33.04

$2.06 ₦2,802

-7.28%

Eggs

$2.54 MX$43.82

$1.72 ₦2,330

47.67%

Local Cheese (1kg)

$10.03 MX$173

$4.37 ₦5,943

129.52%

Chicken Fillets (1kg)

$8.09 MX$140

$4.29 ₦5,827

88.58%

Beef Round Steak (1kg)

$11.62 MX$201

$4.18 ₦5,684

177.99%

Apples (1kg)

$2.97 MX$51.3

$2.47 ₦3,357

20.24%

Banana (1kg)

$1.81 MX$31.21

$1.21 ₦1,648

49.59%

Oranges (1kg)

$2.01 MX$34.79

$1.24 ₦1,679

62.10%

Tomato (1kg)

$2.03 MX$35.16

$1.63 ₦2,214

24.54%

Potato (1kg)

$2.12 MX$36.71

$2.16 ₦2,934

-1.85%

Onion (1kg)

$2.27 MX$39.21

$1.55 ₦2,109

46.45%

Lettuce (1 head)

$1.40 MX$24.20

$0.92 ₦1,254

52.17%

Water (1.5 liter bottle)

$1.13 MX$19.53

$0.32 ₦439

253.12%

Cigarettes 20 Pack (Marlboro, Camel)

$4.27 MX$73.8

$1.26 ₦1,705

238.89%

Wine (Bottle)

$15.56 MX$269

$1.02 ₦1,384

1425.49%

Local Beer (0.5 liter bottle)

$1.76 MX$30.36

$0.63 ₦858

179.37%

Imported Beer (0.33 liter bottle)

$3.60 MX$62.1

$0.89 ₦1,211

304.49%

One-way Ticket (Public Transport)

$0.38 MX$6.62

$0.36 ₦483

5.56%

Public Transport Monthly Pass (Regular Price)

$19.18 MX$331

$36.42 ₦49.5K

-47.34%

Taxi Start (Normal Tariff)

$1.38 MX$23.77

$1.24 ₦1,681

11.29%

Taxi (Normal Tariff) (1km)

$0.28 MX$4.78

$1.04 ₦1,417

-73.08%

Taxi 1hour Waiting (Normal Tariff)

$5.45 MX$94.1

$3.68 ₦5,005

48.10%

Gasoline (1 liter)

$1.30 MX$22.53

$0.57 ₦769

128.07%

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

$18.7K MX$322.9K

$9,512 ₦12.9M

96.46%

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

$23.1K MX$399.7K

$14.2K ₦19.2M

63.29%

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

$40.86 MX$706

$20.99 ₦28.5K

94.66%

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

$26.81 MX$463

$7.46 ₦10.1K

259.38%

Internet (50+ Mbps, Unlimited Data)

$29.96 MX$518

$19.75 ₦26.8K

51.70%

Gym Membership (Monthly)

$52.0 MX$899

$29.50 ₦40.1K

76.34%

Tennis Court (1 Hour on Weekend)

$26.84 MX$464

Cinema Ticket

$6.30 MX$109

$2.67 ₦3,628

135.96%

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

$436 MX$7,536

$50.4 ₦68.5K

764.63%

International Primary School, 1 Child (Yearly)

$10.4K MX$180.0K

$1,910 ₦2.6M

445.23%

Jeans (Levis 501 Or Similar)

$56.7 MX$979

$18.37 ₦24.9K

208.38%

Summer Dress (H&M, Zara, etc)

$44.38 MX$767

$24.43 ₦33.2K

81.66%

Sport Shoes (Adidas, Nike)

$103 MX$1,779

$43.76 ₦59.4K

135.19%

Men's Leather Business Shoes

$106 MX$1,823

$29.58 ₦40.2K

256.73%

1-bedroom Apartment, City Center (Monthly)

$1,022 MX$17.7K

$451 ₦612.8K

126.53%

1-bedroom Apartment, Outside City Center (Monthly)

$631 MX$10.9K

$433 ₦588.5K

45.61%

3-bedroom Apartment, City Center (Monthly)

$2,136 MX$36.9K

$1,214 ₦1.6M

75.94%

3-bedroom Apartment, Outside City Center (Monthly)

$1,243 MX$21.5K

$1,291 ₦1.8M

-3.70%

Buy Apartment in City Center (m2)

$3,903 MX$67.4K

$846 ₦1.1M

361.07%

Buy Apartment Outside City Center (m2)

$2,064 MX$35.7K

$28.82 ₦39.1K

7062.84%

Average Monthly Net Salary (After Tax)

$1,115 MX$19.3K

$55.9 ₦75.9K

1896.15%

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: May 31, 2026

Last update for Ibadan: June 2, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,022 in Mexico City and $451 in Ibadan. Housing cost is often the main lever when comparing two cities.

Mexico City pays 1896% 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 $29.00 in Ibadan for a mid-range dinner for two. Groceries echo the gap at $288 vs $154 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 81% 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.

Mexico City pays 1896% more on average, 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: $1,022 in Mexico City versus $451 in Ibadan. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $436 in Mexico City versus $50.4 in Ibadan. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Supermarket bills run roughly 87% higher in Mexico City. For households that cook at home regularly, that difference adds up over a month.

At $812 in Ibadan versus $1,467 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 $812 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 81% less than in Mexico City. Beyond cost, consider language, visa policies, and how big the international community is in each city.