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

Monthly Cost of Living

A single person spends $1,472 per month in Mexico City vs $1,072 in Ikeja, rent included.

A couple spends around $2,359 per month in Mexico City vs $1,684 in Ikeja, rent included.

A family of three spends $3,245 per month in Mexico City vs $2,297 in Ikeja, rent included.

Mexico City costs about 37% more than Ikeja, driven mainly by Eating Out.

Mexico City sits 11% above the global median, while Ikeja is 19% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$13.14 MX$227

$1.55 ₦2,121

747.74%

Three-Course Dinner for Two, Mid-Range

$53.5 MX$926

$32.87 ₦44.8K

62.85%

Fast Food Meal (McDonalds, etc)

$9.33 MX$161

$5.21 ₦7,106

79.08%

Cappuccino

$3.70 MX$64.0

$2.15 ₦2,930

72.09%

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

$1.60 MX$27.76

$0.37 ₦500

332.43%

Water (0.33 liter bottle)

$1.12 MX$19.34

$0.22 ₦301

409.09%

Local Beer (0.5 liter draught)

$3.14 MX$54.3

$0.79 ₦1,071

297.47%

Imported Beer (0.33 liter bottle)

$4.85 MX$83.9

$1.38 ₦1,886

251.45%

Milk (1 liter)

$1.65 MX$28.61

$2.20 ₦3,002

-25.00%

White Bread (500g)

$2.71 MX$46.96

$1.24 ₦1,692

118.55%

Rice (white) (1kg)

$1.91 MX$33.03

$2.24 ₦3,054

-14.73%

Eggs

$2.59 MX$44.81

$1.70 ₦2,313

52.35%

Local Cheese (1kg)

$9.81 MX$170

$6.32 ₦8,622

55.22%

Chicken Fillets (1kg)

$8.43 MX$146

$4.27 ₦5,823

97.42%

Beef Round Steak (1kg)

$11.93 MX$206

$5.43 ₦7,410

119.71%

Apples (1kg)

$2.95 MX$51.1

$3.47 ₦4,734

-14.99%

Banana (1kg)

$1.74 MX$30.10

$2.04 ₦2,787

-14.71%

Oranges (1kg)

$2.04 MX$35.38

$2.19 ₦2,986

-6.85%

Tomato (1kg)

$2.06 MX$35.64

$2.33 ₦3,182

-11.59%

Potato (1kg)

$2.15 MX$37.20

$2.41 ₦3,283

-10.79%

Onion (1kg)

$2.26 MX$39.02

$2.04 ₦2,776

10.78%

Lettuce (1 head)

$1.39 MX$23.97

$1.99 ₦2,719

-30.15%

Water (1.5 liter bottle)

$1.12 MX$19.31

$0.38 ₦525

194.74%

Cigarettes 20 Pack (Marlboro, Camel)

$4.22 MX$73.0

$1.31 ₦1,789

222.14%

Wine (Bottle)

$17.51 MX$303

$2.49 ₦3,398

603.21%

Local Beer (0.5 liter bottle)

$1.71 MX$29.58

$0.68 ₦927

151.47%

Imported Beer (0.33 liter bottle)

$3.63 MX$62.8

$0.95 ₦1,296

282.11%

One-way Ticket (Public Transport)

$0.35 MX$6.10

$0.32 ₦432

9.37%

Public Transport Monthly Pass (Regular Price)

$19.32 MX$334

$9.86 ₦13.4K

95.94%

Taxi Start (Normal Tariff)

$1.38 MX$23.80

$1.24 ₦1,694

11.29%

Taxi (Normal Tariff) (1km)

$0.28 MX$4.77

$2.16 ₦2,952

-87.04%

Taxi 1hour Waiting (Normal Tariff)

$5.28 MX$91.3

$4.79 ₦6,536

10.23%

Gasoline (1 liter)

$1.36 MX$23.50

$0.41 ₦563

231.71%

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

$19.1K MX$330.5K

$20.0K ₦27.3M

-4.68%

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

$23.6K MX$408.4K

$20.5K ₦28.0M

15.09%

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

$40.53 MX$701

$41.47 ₦56.6K

-2.27%

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

$27.38 MX$474

$10.30 ₦14.0K

165.83%

Internet (50+ Mbps, Unlimited Data)

$30.38 MX$526

$34.56 ₦47.1K

-12.09%

Gym Membership (Monthly)

$52.2 MX$903

Tennis Court (1 Hour on Weekend)

$26.48 MX$458

Cinema Ticket

$6.19 MX$107

$6.21 ₦8,470

-0.32%

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

$425 MX$7,355

$81.5 ₦111.1K

421.83%

International Primary School, 1 Child (Yearly)

$10.7K MX$185.7K

$2,320 ₦3.2M

362.71%

Jeans (Levis 501 Or Similar)

$58.3 MX$1,009

$19.05 ₦26.0K

206.09%

Summer Dress (H&M, Zara, etc)

$44.57 MX$771

$24.76 ₦33.8K

80.01%

Sport Shoes (Adidas, Nike)

$103 MX$1,791

$65.4 ₦89.3K

58.14%

Men's Leather Business Shoes

$109 MX$1,881

$57.5 ₦78.5K

88.98%

1-bedroom Apartment, City Center (Monthly)

$1,014 MX$17.5K

$838 ₦1.1M

20.94%

1-bedroom Apartment, Outside City Center (Monthly)

$623 MX$10.8K

$605 ₦825.7K

2.90%

3-bedroom Apartment, City Center (Monthly)

$2,119 MX$36.7K

$1,907 ₦2.6M

11.13%

3-bedroom Apartment, Outside City Center (Monthly)

$1,223 MX$21.2K

$1,182 ₦1.6M

3.46%

Buy Apartment in City Center (m2)

$3,792 MX$65.6K

Buy Apartment Outside City Center (m2)

$2,110 MX$36.5K

Average Monthly Net Salary (After Tax)

$1,052 MX$18.2K

$73.7 ₦100.6K

1327.04%

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 25, 2026

Last update for Ikeja: July 27, 2026

Cost Breakdown

A central one-bedroom costs $1,014 in Mexico City versus $838 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 1327% higher in Mexico City, 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 $54.0 in Mexico City versus $33.00 in Ikeja. Monthly groceries follow the same trend: $293 vs $191 – 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

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

Mexico City costs about 37% 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 $2,208 per month in Mexico City and $1,608 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 54% more in Mexico City, 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 $54.0 in Mexico City and $33.00 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 $1,072, than in Mexico City at $1,472. In Ikeja it covers expenses comfortably, while in Mexico City it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Ikeja costs $1,072 versus $1,472 in Mexico City. 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, Mexico City makes more sense. Both are solid long-term options with distinct trade-offs.