Last update: Oct 2026

Cost of Living Comparison Between Mexico City and Ibadan

For one person, living is cheaper in Ibadan: $251 a month against $1,608 in Mexico City, rent and utilities included – about $16,300 less a year. Rent and utilities account for about half of the difference.

78

Cost of Living Index in Mexico City
Learn more

Mexico City Living Index
12

Cost of Living Index in Ibadan
Learn more

Ibadan Living Index

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Mexico City

🇲🇽 Mexico

$1,608

/mo nomad

Ibadan

🇳🇬 Nigeria

$251

/mo nomad

Monthly Cost of Living

How much you'll spend in Mexico City and in Ibadan

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Mexico City and in Ibadan actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,608 in Mexico City versus $251 in Ibadan.

Mexico City $1,608
Ibadan $251

Estimated couple costs with rent: $2,549 in Mexico City versus $558 in Ibadan.

Mexico City $2,549
Ibadan $558

Monthly costs for a family of three with rent: $3,490 in Mexico City versus $865 in Ibadan.

Mexico City $3,490
Ibadan $865

Living in Mexico City is roughly 542% more expensive than in Ibadan, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: Mexico City is 18% above, Ibadan is 82% below.

Meal at Budget Restaurant

$10.62 MX$198

$1.10 ₦1,471

865.45%

Three-Course Dinner for Two, Mid-Range

$48.35 MX$901

$29.84 ₦40.0K

62.03%

Fast Food Meal (McDonalds, etc)

$10.35 MX$193

$6.06 ₦8,127

70.79%

Cappuccino

$3.69 MX$68.8

$0.78 ₦1,046

373.08%

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

$1.67 MX$31.07

$0.22 ₦295

659.09%

Water (0.33 liter bottle)

$1.27 MX$23.59

$0.13 ₦179

876.92%

Local Beer (0.5 liter draught)

$3.19 MX$59.5

$0.53 ₦715

501.89%

Imported Beer (0.33 liter bottle)

$5.31 MX$98.9

$1.15 ₦1,545

361.74%

Milk (1 liter)

$1.72 MX$32.15

$0.58 ₦782

196.55%

White Bread (500g)

$3.04 MX$56.7

$0.60 ₦798

406.67%

Rice (white) (1kg)

$1.94 MX$36.19

$1.10 ₦1,478

76.36%

Eggs

$2.89 MX$53.8

$1.57 ₦2,102

84.08%

Local Cheese (1kg)

$10.97 MX$205

$3.62 ₦4,857

203.04%

Chicken Fillets (1kg)

$9.25 MX$172

$3.83 ₦5,129

141.51%

Beef Round Steak (1kg)

$15.13 MX$282

$0.72 ₦962

2001.39%

Apples (1kg)

$3.05 MX$56.8

$1.64 ₦2,203

85.98%

Banana (1kg)

$1.94 MX$36.19

$1.27 ₦1,696

52.76%

Oranges (1kg)

$2.03 MX$37.75

$1.09 ₦1,464

86.24%

Tomato (1kg)

$2.31 MX$43.15

$0.29 ₦388

696.55%

Potato (1kg)

$2.04 MX$37.94

$0.57 ₦769

257.89%

Onion (1kg)

$1.80 MX$33.55

$0.23 ₦308

682.61%

Lettuce (1 head)

$1.48 MX$27.58

$0.21 ₦281

604.76%

Water (1.5 liter bottle)

$1.27 MX$23.63

$0.12 ₦159

958.33%

Cigarettes 20 Pack (Marlboro, Camel)

$5.30 MX$98.9

$0.58 ₦781

813.79%

Wine (Bottle)

$16.10 MX$300

$1.11 ₦1,484

1350.45%

Local Beer (0.5 liter bottle)

$1.98 MX$36.97

$0.40 ₦531

395.00%

Imported Beer (0.33 liter bottle)

$4.25 MX$79.3

$0.50 ₦669

750.00%

One-way Ticket (Public Transport)

$0.31 MX$5.69

$0.14 ₦187

121.43%

Public Transport Monthly Pass (Regular Price)

$19.73 MX$368

Taxi Start (Normal Tariff)

$1.84 MX$34.25

$0.66 ₦884

178.79%

Taxi (Normal Tariff) (1km)

$0.53 MX$9.94

$0.62 ₦825

-14.52%

Taxi 1hour Waiting (Normal Tariff)

$5.30 MX$98.7

$1.14 ₦1,523

364.91%

Gasoline (1 liter)

$1.51 MX$28.16

$0.57 ₦759

164.91%

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

$21.8K MX$405.5K

$4,183 ₦5.6M

420.08%

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

$24.0K MX$447.1K

$29.0K ₦38.8M

-17.21%

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

$63.0 MX$1,174

$11.37 ₦15.2K

453.91%

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

$27.39 MX$511

$3.83 ₦5,129

615.14%

Internet (50+ Mbps, Unlimited Data)

$35.67 MX$665

$8.60 ₦11.5K

314.77%

Gym Membership (Monthly)

$58.9 MX$1,099

$21.27 ₦28.5K

177.10%

Tennis Court (1 Hour on Weekend)

$23.64 MX$441

Cinema Ticket

$6.40 MX$119

$1.47 ₦1,973

335.37%

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

$432 MX$8,045

$48.34 ₦64.8K

792.82%

International Primary School, 1 Child (Yearly)

$11.4K MX$212.9K

$622 ₦833.1K

1737.80%

Jeans (Levis 501 Or Similar)

$68.2 MX$1,272

$11.76 ₦15.8K

480.10%

Summer Dress (H&M, Zara, etc)

$53.1 MX$990

$5.62 ₦7,529

845.37%

Sport Shoes (Adidas, Nike)

$108 MX$2,009

$14.86 ₦19.9K

625.30%

Men's Leather Business Shoes

$117 MX$2,186

$20.99 ₦28.1K

458.69%

1-bedroom Apartment, City Center (Monthly)

$1,113 MX$20.8K

$123 ₦165.0K

804.50%

1-bedroom Apartment, Outside City Center (Monthly)

$710 MX$13.2K

$45.67 ₦61.2K

1455.64%

3-bedroom Apartment, City Center (Monthly)

$2,588 MX$48.2K

$444 ₦594.5K

483.46%

3-bedroom Apartment, Outside City Center (Monthly)

$1,406 MX$26.2K

$293 ₦392.4K

380.25%

Buy Apartment in City Center (m2)

$3,631 MX$67.7K

$849 ₦1.1M

327.67%

Buy Apartment Outside City Center (m2)

$2,135 MX$39.8K

$30.37 ₦40.7K

6930.00%

Average Monthly Net Salary (After Tax)

$946 MX$17.6K

$57.7 ₦77.3K

1540.61%

20-Year Fixed Mortgage Interest Rate (Annual %)

11.35

18.39

-38.28%

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

Last update for Mexico City: October 25, 2026

Last update for Ibadan: October 26, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Mexico City

$710 44.2%

Ibadan

$46 18.2% 93.6% $665

Groceries & Markets

Mexico City

$320 19.9%

Ibadan

$86 34.3% 73.1% $234

Eating Out

Mexico City

$199 12.4%

Ibadan

$43 17.1% 78.5% $156

Clothing & Footwear

Mexico City

$156 9.7%

Ibadan

$24 9.6% 84.6% $132

Monthly Utilities & Internet

Mexico City

$126 7.8%

Ibadan

$24 9.5% 81.1% $102

Sport & Entertainment

Mexico City

$72 4.5%

Ibadan

$24 9.7% 66.3% $48

Getting Around

Mexico City

$25 1.6%

Ibadan

$4.3 * 1.7% 83.2% $21

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A one-bedroom apartment in the center runs $1,113 in Mexico City and $123 in Ibadan. Housing cost is often the main lever when comparing two cities.

Mexico City pays about 16 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $48 in Mexico City vs $30 in Ibadan for a mid-range dinner for two. Groceries echo the gap at $320 vs $86 per month, with Ibadan cheaper across the board.

Good to know

🇲🇽 Mexico City

🇳🇬 Ibadan

🕒 Local time

13:02 1:02 PM

20:02 8:02 PM

7 h ahead of Mexico City

🌤 Weather

👥 Population

9,209,944 Capital

3,034,200

💱 Currency

Mexican Peso MXN $

Nigerian Naira NGN ₦

📈 Exchange rate

100 MXN = 5.36 USD

100 MXN = 4.82 EUR

10,000 NGN = 7.46 USD

10,000 NGN = 6.7 EUR

Exchange rates and currency converter

NGN, USD, EUR to MXN – Mexican Peso Converter

🇺🇸 United States Dollar ($)

🇲🇽 Mexican Peso ($)

Mexican Peso exchange rates as of October 28, 2026: 1 USD = 18.64 MXN (100 MXN = 5.36 USD). 1 EUR = 20.75 MXN (100 MXN = 4.82 EUR).

Nigerian Naira exchange rates as of October 28, 2026: 1 USD = 1,340 NGN (10,000 NGN = 7.46 USD). 1 EUR = 1,492 NGN (10,000 NGN = 6.7 EUR).

USD to MXN in detail →

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Between locations

Mexico City Ibadan 11,080 km ≈ 14 h nonstop flight

From you

Mexico City
Ibadan

Distances are measured in a straight line. Your location is detected approximately.

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 84% 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 in Mexico City is about 16 times higher, 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: $1,113 in Mexico City versus $123 in Ibadan. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $432 in Mexico City versus $48 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 versus $48 in Mexico City. If you eat out regularly, this makes a real dent in your monthly spending.

At $251 in Ibadan versus $1,608 in Mexico City, a $800 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 cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

It comes down to priorities – Ibadan wins on affordability, Mexico City on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.