Last update: Nov 2026

Cost of Living Comparison Between Mexico City and Ikeja

For one person, living is cheaper in Mexico City: $1,674 a month against $2,409 in Ikeja, rent and utilities included – about $8,800 less a year. Higher rent and utilities in Ikeja outweigh lower spending on other living expenses.

80

Cost of Living Index in Mexico City
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Mexico City Living Index
116

Cost of Living Index in Ikeja
Learn more

Ikeja Living Index

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Mexico City

🇲🇽 Mexico

$1,674

/mo nomad

Ikeja

🇳🇬 Nigeria

$2,409

/mo nomad

Monthly Cost of Living

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

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 Ikeja actually costs, broken down by who's living it.

A single person spends $1,674 per month in Mexico City vs $2,409 in Ikeja, rent included.

Mexico City $1,674
Ikeja $2,409

A couple spends around $2,606 per month in Mexico City vs $4,149 in Ikeja, rent included.

Mexico City $2,606
Ikeja $4,149

A family of three spends $3,537 per month in Mexico City vs $5,890 in Ikeja, rent included.

Mexico City $3,537
Ikeja $5,890

Mexico City is about 31% cheaper than Ikeja.

Both Mexico City and Ikeja sit above the global median – Mexico City by 24%, Ikeja by 78%.

Meal at Budget Restaurant

$10.59 MX$197

$0.54 ₦717

1861.11%

Three-Course Dinner for Two, Mid-Range

$52.0 MX$967

$11.14 ₦14.9K

366.43%

Fast Food Meal (McDonalds, etc)

$10.73 MX$200

$7.50 ₦10.0K

43.07%

Cappuccino

$3.80 MX$70.7

$2.86 ₦3,818

32.87%

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

$1.61 MX$30.01

$0.14 ₦190

1050.00%

Water (0.33 liter bottle)

$1.21 MX$22.55

$0.07 ₦96.1

1628.57%

Local Beer (0.5 liter draught)

$3.18 MX$59.1

$0.31 ₦420

925.81%

Imported Beer (0.33 liter bottle)

$5.44 MX$101

$2.05 ₦2,740

165.37%

Milk (1 liter)

$1.72 MX$31.96

$0.76 ₦1,019

126.32%

White Bread (500g)

$2.97 MX$55.2

$0.72 ₦956

312.50%

Rice (white) (1kg)

$1.93 MX$35.84

$1.21 ₦1,619

59.50%

Eggs

$2.77 MX$51.6

$2.23 ₦2,984

24.22%

Local Cheese (1kg)

$11.67 MX$217

$3.58 ₦4,787

225.98%

Chicken Fillets (1kg)

$9.48 MX$176

$3.96 ₦5,292

139.39%

Beef Round Steak (1kg)

$15.37 MX$286

$4.34 ₦5,799

254.15%

Apples (1kg)

$3.10 MX$57.8

$1.62 ₦2,161

91.36%

Banana (1kg)

$1.96 MX$36.49

$1.27 ₦1,703

54.33%

Oranges (1kg)

$1.98 MX$36.88

$1.14 ₦1,524

73.68%

Tomato (1kg)

$2.34 MX$43.46

$1.48 ₦1,978

58.11%

Potato (1kg)

$2.02 MX$37.66

$1.54 ₦2,058

31.17%

Onion (1kg)

$1.82 MX$33.95

$1.57 ₦2,094

15.92%

Lettuce (1 head)

$1.54 MX$28.74

$0.85 ₦1,133

81.18%

Water (1.5 liter bottle)

$1.31 MX$24.42

$0.39 ₦527

235.90%

Cigarettes 20 Pack (Marlboro, Camel)

$5.35 MX$99.6

$0.54 ₦724

890.74%

Wine (Bottle)

$16.19 MX$301

$2.36 ₦3,156

586.02%

Local Beer (0.5 liter bottle)

$1.96 MX$36.46

$0.53 ₦713

269.81%

Imported Beer (0.33 liter bottle)

$4.35 MX$81.0

$0.46 ₦618

845.65%

One-way Ticket (Public Transport)

$0.30 MX$5.67

$0.12 ₦154

150.00%

Public Transport Monthly Pass (Regular Price)

$19.49 MX$363

$3.45 ₦4,616

464.93%

Taxi Start (Normal Tariff)

$1.92 MX$35.68

$0.65 ₦875

195.38%

Taxi (Normal Tariff) (1km)

$0.47 MX$8.80

$0.90 ₦1,202

-47.78%

Taxi 1hour Waiting (Normal Tariff)

$5.41 MX$101

$2.19 ₦2,929

147.03%

Gasoline (1 liter)

$1.48 MX$27.61

$0.14 ₦186

957.14%

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

$21.4K MX$397.7K

$11.0K ₦14.7M

94.73%

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

$23.8K MX$442.1K

$28.6K ₦38.3M

-16.99%

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

$62.0 MX$1,154

$111 ₦147.9K

-43.97%

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

$28.47 MX$530

$14.89 ₦19.9K

91.20%

Internet (50+ Mbps, Unlimited Data)

$34.11 MX$635

$32.93 ₦44.0K

3.58%

Gym Membership (Monthly)

$58.4 MX$1,087

Tennis Court (1 Hour on Weekend)

$24.50 MX$456

Cinema Ticket

$6.59 MX$123

$6.07 ₦8,114

8.57%

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

$434 MX$8,081

$659 ₦881.4K

-34.12%

International Primary School, 1 Child (Yearly)

$14.0K MX$261.2K

$19.4K ₦26.0M

-27.69%

Jeans (Levis 501 Or Similar)

$68.4 MX$1,272

$14.80 ₦19.8K

361.82%

Summer Dress (H&M, Zara, etc)

$54.8 MX$1,020

$17.73 ₦23.7K

209.08%

Sport Shoes (Adidas, Nike)

$111 MX$2,063

$35.66 ₦47.7K

210.85%

Men's Leather Business Shoes

$116 MX$2,159

$49.16 ₦65.7K

135.94%

1-bedroom Apartment, City Center (Monthly)

$1,179 MX$21.9K

$3,536 ₦4.7M

-66.65%

1-bedroom Apartment, Outside City Center (Monthly)

$771 MX$14.3K

$1,985 ₦2.7M

-61.17%

3-bedroom Apartment, City Center (Monthly)

$2,570 MX$47.8K

$6,548 ₦8.8M

-60.75%

3-bedroom Apartment, Outside City Center (Monthly)

$1,420 MX$26.4K

$5,077 ₦6.8M

-72.04%

Buy Apartment in City Center (m2)

$3,586 MX$66.7K

Buy Apartment Outside City Center (m2)

$2,064 MX$38.4K

Average Monthly Net Salary (After Tax)

$1,003 MX$18.7K

$74.2 ₦99.1K

1252.33%

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: November 1, 2026

Last update for Ikeja: November 2, 2026

Monthly budget structure

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

Accommodation & Living

Mexico City

$771 46.1%

Ikeja

$2K 82.4% 158% $1.2K

Groceries & Markets

Mexico City

$324 19.3%

Ikeja

$124 5.1% 61.7% $200

Eating Out

Mexico City

$201 12%

Ikeja

$68 2.8% 66.3% $133

Clothing & Footwear

Mexico City

$158 9.4%

Ikeja

$53 2.2% 66.5% $105

Monthly Utilities & Internet

Mexico City

$125 7.4%

Ikeja

$158 6.6% 27.2% $34

Sport & Entertainment

Mexico City

$72 4.3%

Ikeja

$12 * 0.5% 83% $59

Getting Around

Mexico City

$25 1.5%

Ikeja

$9.1 0.4% 63.7% $16

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

Cost Breakdown

A central one-bedroom costs $1,179 in Mexico City versus $3,536 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 in Mexico City are about 14 times higher, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $52 in Mexico City versus $11 in Ikeja. Monthly groceries follow the same trend: $324 vs $124 – making Ikeja the more affordable choice for daily food spending.

Good to know

🇲🇽 Mexico City

🇳🇬 Ikeja

🕒 Local time

14:44 2:44 PM

21:44 9:44 PM

7 h ahead of Mexico City

🌤 Weather

👥 Population

9,209,944 Capital

861,300

💱 Currency

Mexican Peso MXN $

Nigerian Naira NGN ₦

📈 Exchange rate

100 MXN = 5.37 USD

100 MXN = 4.77 EUR

10,000 NGN = 7.48 USD

10,000 NGN = 6.64 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 November 4, 2026: 1 USD = 18.61 MXN (100 MXN = 5.37 USD). 1 EUR = 20.95 MXN (100 MXN = 4.77 EUR).

Nigerian Naira exchange rates as of November 4, 2026: 1 USD = 1,337 NGN (10,000 NGN = 7.48 USD). 1 EUR = 1,505 NGN (10,000 NGN = 6.64 EUR).

USD to MXN in detail →

On the map

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Between locations

Mexico City Ikeja 11,060 km ≈ 14 h nonstop flight

From you

Mexico City
Ikeja

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 Ikeja: Cost of Living - Frequently Asked Questions

For a comfortable life, plan on about $2,510 per month in Mexico City and $3,614 in Ikeja. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Mexico City, especially for central apartments: a one-bedroom in the center costs $1,179 there versus $3,536 in Ikeja.

Interestingly, groceries are about 62% cheaper in Ikeja – one category where the pricier city actually offers better value.

A mid-range dinner for two costs $52 in Mexico City and $11 in Ikeja. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

$3,000 covers both cities comfortably – all-in costs are $1,674 in Mexico City and $2,409 in Ikeja, leaving budget for savings and extras in both cases.

Families tend to lean toward Mexico City – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.