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 $1,484 per month in Mexico City vs $1,044 in Ikeja, rent included.

A couple spends around $2,381 per month in Mexico City vs $1,666 in Ikeja, rent included.

A family of three spends $3,278 per month in Mexico City vs $2,288 in Ikeja, rent included.

Mexico City costs about 42% more than Ikeja, driven mainly by Eating Out.

Mexico City sits 11% above the global median, while Ikeja is 22% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$12.98 MX$227

$1.55 ₦2,136

737.42%

Three-Course Dinner for Two, Mid-Range

$53.1 MX$929

$32.33 ₦44.5K

64.15%

Fast Food Meal (McDonalds, etc)

$9.72 MX$170

$5.36 ₦7,385

81.34%

Cappuccino

$3.75 MX$65.6

$2.13 ₦2,934

76.06%

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

$1.57 MX$27.46

$0.34 ₦463

361.76%

Water (0.33 liter bottle)

$1.13 MX$19.76

$0.22 ₦303

413.64%

Local Beer (0.5 liter draught)

$3.18 MX$55.7

$0.86 ₦1,185

269.77%

Imported Beer (0.33 liter bottle)

$4.66 MX$81.6

$1.37 ₦1,892

240.15%

Milk (1 liter)

$1.62 MX$28.37

$2.12 ₦2,918

-23.58%

White Bread (500g)

$2.71 MX$47.36

$1.20 ₦1,649

125.83%

Rice (white) (1kg)

$1.88 MX$32.89

$2.30 ₦3,171

-18.26%

Eggs

$2.51 MX$43.90

$1.78 ₦2,445

41.01%

Local Cheese (1kg)

$10.08 MX$176

$6.19 ₦8,524

62.84%

Chicken Fillets (1kg)

$8.29 MX$145

$4.26 ₦5,862

94.60%

Beef Round Steak (1kg)

$11.94 MX$209

$5.56 ₦7,657

114.75%

Apples (1kg)

$2.86 MX$50.1

$3.47 ₦4,776

-17.58%

Banana (1kg)

$1.75 MX$30.62

$2.02 ₦2,784

-13.37%

Oranges (1kg)

$2.08 MX$36.48

$2.12 ₦2,916

-1.89%

Tomato (1kg)

$1.97 MX$34.46

$2.32 ₦3,189

-15.09%

Potato (1kg)

$2.16 MX$37.79

$2.32 ₦3,192

-6.90%

Onion (1kg)

$2.18 MX$38.16

$2.00 ₦2,749

9.00%

Lettuce (1 head)

$1.39 MX$24.34

$1.99 ₦2,743

-30.15%

Water (1.5 liter bottle)

$1.12 MX$19.69

$0.38 ₦526

194.74%

Cigarettes 20 Pack (Marlboro, Camel)

$4.20 MX$73.5

$1.31 ₦1,809

220.61%

Wine (Bottle)

$14.25 MX$249

$3.29 ₦4,528

333.13%

Local Beer (0.5 liter bottle)

$1.76 MX$30.85

$0.64 ₦876

175.00%

Imported Beer (0.33 liter bottle)

$3.68 MX$64.5

$0.89 ₦1,220

313.48%

One-way Ticket (Public Transport)

$0.39 MX$6.74

$0.34 ₦472

14.71%

Public Transport Monthly Pass (Regular Price)

$18.66 MX$327

$9.76 ₦13.4K

91.19%

Taxi Start (Normal Tariff)

$1.39 MX$24.26

$1.25 ₦1,722

11.20%

Taxi (Normal Tariff) (1km)

$0.30 MX$5.32

$2.25 ₦3,104

-86.67%

Taxi 1hour Waiting (Normal Tariff)

$5.42 MX$94.9

$4.72 ₦6,504

14.83%

Gasoline (1 liter)

$1.35 MX$23.63

$0.42 ₦572

221.43%

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

$18.9K MX$330.5K

$20.3K ₦27.9M

-6.79%

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

$23.2K MX$405.2K

$20.5K ₦28.3M

12.78%

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

$40.82 MX$714

$41.58 ₦57.3K

-1.83%

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

$27.50 MX$481

$10.15 ₦14.0K

170.94%

Internet (50+ Mbps, Unlimited Data)

$30.38 MX$532

$34.07 ₦46.9K

-10.83%

Gym Membership (Monthly)

$53.4 MX$935

Tennis Court (1 Hour on Weekend)

$26.30 MX$460

Cinema Ticket

$6.27 MX$110

$6.18 ₦8,514

1.46%

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

$436 MX$7,632

$82.3 ₦113.3K

430.16%

International Primary School, 1 Child (Yearly)

$10.5K MX$183.2K

$2,324 ₦3.2M

350.42%

Jeans (Levis 501 Or Similar)

$56.8 MX$993

$19.08 ₦26.3K

197.48%

Summer Dress (H&M, Zara, etc)

$44.79 MX$784

$24.77 ₦34.1K

80.82%

Sport Shoes (Adidas, Nike)

$103 MX$1,799

$65.2 ₦89.7K

57.73%

Men's Leather Business Shoes

$108 MX$1,888

$58.0 ₦79.9K

85.94%

1-bedroom Apartment, City Center (Monthly)

$1,000 MX$17.5K

$826 ₦1.1M

20.99%

1-bedroom Apartment, Outside City Center (Monthly)

$620 MX$10.9K

$611 ₦841.7K

1.49%

3-bedroom Apartment, City Center (Monthly)

$2,137 MX$37.4K

$1,939 ₦2.7M

10.22%

3-bedroom Apartment, Outside City Center (Monthly)

$1,235 MX$21.6K

$1,206 ₦1.7M

2.40%

Buy Apartment in City Center (m2)

$3,865 MX$67.6K

Buy Apartment Outside City Center (m2)

$2,332 MX$40.8K

Average Monthly Net Salary (After Tax)

$1,067 MX$18.7K

$126 ₦173.7K

745.93%

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: April 27, 2026

Last update for Ikeja: April 26, 2026

Cost Breakdown

A central one-bedroom costs $1,000 in Mexico City versus $826 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 746% 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 $53.0 in Mexico City versus $32.00 in Ikeja. Monthly groceries follow the same trend: $286 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 42% 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 $2,225 per month in Mexico City and $1,566 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 50% 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 $53.0 in Mexico City and $32.00 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 $1,044, than in Mexico City at $1,484. 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 $1,044 versus $1,484 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.