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: $1,677 in Mexico City versus $250 in Ibadan.

Estimated couple costs with rent: $2,608 in Mexico City versus $558 in Ibadan.

Monthly costs for a family of three with rent: $3,540 in Mexico City versus $866 in Ibadan.

Living in Mexico City is roughly 570% more expensive than in Ibadan, driven mainly by Groceries & Markets.

The two cities straddle the global median: Mexico City is 22% above, Ibadan is 82% below.

Meal at Budget Restaurant

$12.14 MX$206

$1.11 ₦1,476

993.69%

Three-Course Dinner for Two, Mid-Range

$53.9 MX$914

$30.24 ₦40.1K

78.24%

Fast Food Meal (McDonalds, etc)

$11.09 MX$188

$6.09 ₦8,073

82.10%

Cappuccino

$4.10 MX$69.5

$0.80 ₦1,066

412.50%

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

$1.68 MX$28.53

$0.20 ₦265

740.00%

Water (0.33 liter bottle)

$1.39 MX$23.55

$0.12 ₦153

1058.33%

Local Beer (0.5 liter draught)

$3.33 MX$56.5

$0.58 ₦771

474.14%

Imported Beer (0.33 liter bottle)

$5.88 MX$99.7

$1.15 ₦1,528

411.30%

Milk (1 liter)

$1.85 MX$31.41

$0.59 ₦787

213.56%

White Bread (500g)

$3.17 MX$53.8

$0.60 ₦791

428.33%

Rice (white) (1kg)

$2.07 MX$35.13

$1.11 ₦1,476

86.49%

Eggs

$2.93 MX$49.67

$1.53 ₦2,034

91.50%

Local Cheese (1kg)

$12.59 MX$214

$3.52 ₦4,667

257.67%

Chicken Fillets (1kg)

$10.11 MX$172

$3.89 ₦5,153

159.90%

Beef Round Steak (1kg)

$16.09 MX$273

$0.75 ₦993

2045.33%

Apples (1kg)

$3.39 MX$57.5

$1.67 ₦2,209

102.99%

Banana (1kg)

$2.08 MX$35.26

$1.32 ₦1,743

57.58%

Oranges (1kg)

$2.12 MX$35.97

$1.13 ₦1,501

87.61%

Tomato (1kg)

$2.41 MX$40.95

$0.29 ₦382

731.03%

Potato (1kg)

$2.13 MX$36.11

$0.58 ₦774

267.24%

Onion (1kg)

$2.01 MX$34.02

$0.24 ₦319

737.50%

Lettuce (1 head)

$1.55 MX$26.21

$0.22 ₦290

604.55%

Water (1.5 liter bottle)

$1.36 MX$23.15

$0.14 ₦181

871.43%

Cigarettes 20 Pack (Marlboro, Camel)

$5.77 MX$97.8

$0.59 ₦784

877.97%

Wine (Bottle)

$17.74 MX$301

$1.12 ₦1,482

1483.93%

Local Beer (0.5 liter bottle)

$2.07 MX$35.11

$0.41 ₦542

404.88%

Imported Beer (0.33 liter bottle)

$4.61 MX$78.3

$0.46 ₦616

902.17%

One-way Ticket (Public Transport)

$0.37 MX$6.21

$0.12 ₦162

208.33%

Public Transport Monthly Pass (Regular Price)

$21.18 MX$359

Taxi Start (Normal Tariff)

$2.05 MX$34.84

$0.70 ₦933

192.86%

Taxi (Normal Tariff) (1km)

$0.58 MX$9.79

$0.62 ₦827

-6.45%

Taxi 1hour Waiting (Normal Tariff)

$6.07 MX$103

$1.13 ₦1,492

437.17%

Gasoline (1 liter)

$1.55 MX$26.34

$0.55 ₦734

181.82%

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

$22.9K MX$388.1K

$4,162 ₦5.5M

449.67%

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

$27.2K MX$462.0K

$14.0K ₦18.5M

95.13%

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

$67.4 MX$1,144

$11.27 ₦14.9K

498.14%

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

$30.62 MX$520

$3.81 ₦5,047

703.67%

Internet (50+ Mbps, Unlimited Data)

$37.24 MX$632

$9.06 ₦12.0K

311.04%

Gym Membership (Monthly)

$61.5 MX$1,043

$21.77 ₦28.9K

182.32%

Tennis Court (1 Hour on Weekend)

$27.12 MX$460

Cinema Ticket

$7.11 MX$121

$1.54 ₦2,035

361.69%

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

$456 MX$7,739

$48.73 ₦64.6K

836.18%

International Primary School, 1 Child (Yearly)

$13.7K MX$232.3K

$627 ₦831.4K

2082.74%

Jeans (Levis 501 Or Similar)

$74.2 MX$1,259

$12.16 ₦16.1K

510.12%

Summer Dress (H&M, Zara, etc)

$57.0 MX$967

$5.80 ₦7,689

882.93%

Sport Shoes (Adidas, Nike)

$115 MX$1,958

$15.07 ₦20.0K

665.83%

Men's Leather Business Shoes

$122 MX$2,061

$21.64 ₦28.7K

461.51%

1-bedroom Apartment, City Center (Monthly)

$1,148 MX$19.5K

$124 ₦164.4K

824.95%

1-bedroom Apartment, Outside City Center (Monthly)

$709 MX$12.0K

$45.33 ₦60.1K

1464.73%

3-bedroom Apartment, City Center (Monthly)

$2,577 MX$43.7K

$461 ₦611.0K

459.06%

3-bedroom Apartment, Outside City Center (Monthly)

$1,295 MX$22.0K

$308 ₦408.2K

320.45%

Buy Apartment in City Center (m2)

$4,005 MX$67.9K

$875 ₦1.2M

357.81%

Buy Apartment Outside City Center (m2)

$2,130 MX$36.1K

$30.87 ₦40.9K

6798.64%

Average Monthly Net Salary (After Tax)

$1,082 MX$18.4K

$58.2 ₦77.2K

1757.92%

20-Year Fixed Mortgage Interest Rate (Annual %)

11.3

18.05

-37.40%

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

Last update for Mexico City: September 6, 2026

Last update for Ibadan: September 7, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,148 in Mexico City and $124 in Ibadan. Housing cost is often the main lever when comparing two cities.

Mexico City pays 1758% 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 $30.00 in Ibadan for a mid-range dinner for two. Groceries echo the gap at $345 vs $87.0 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 570% 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 1758% 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: $1,148 in Mexico City versus $124 in Ibadan. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $456 in Mexico City versus $48.73 in Ibadan. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Ibadan – a meal for two runs $30.00 versus $54.0 in Mexico City. If you eat out regularly, this makes a real dent in your monthly spending.

At $250 in Ibadan versus $1,677 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 $250 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 570% less than in Mexico City. Beyond cost, consider language, visa policies, and how big the international community is in each city.