Last update: Oct 2026

Cost of Living Comparison Between Phuket and Ibadan

For one person, living is cheaper in Ibadan: $251 a month against $1,278 in Phuket, rent and utilities included – about $12,300 less a year. Rent and utilities account for about half of the difference.

62

Cost of Living Index in Phuket
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Phuket Living Index
12

Cost of Living Index in Ibadan
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Ibadan Living Index

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Phuket

🇹🇭 Thailand

$1,278

/mo nomad

Ibadan

🇳🇬 Nigeria

$251

/mo nomad

Monthly Cost of Living

How much you'll spend in Phuket 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 Phuket and in Ibadan actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,278 in Phuket versus $251 in Ibadan.

Phuket $1,278
Ibadan $251

Estimated couple costs with rent: $2,216 in Phuket versus $558 in Ibadan.

Phuket $2,216
Ibadan $558

Monthly costs for a family of three with rent: $3,154 in Phuket versus $865 in Ibadan.

Phuket $3,154
Ibadan $865

Living in Phuket is roughly 410% more expensive than in Ibadan, and outside of rent the biggest gap is in groceries.

Both cities sit below the global median: Phuket 6% lower, Ibadan 82% lower.

Meal at Budget Restaurant

$4.47 ฿151

$1.10 ₦1,471

306.36%

Three-Course Dinner for Two, Mid-Range

$32.41 ฿1,094

$29.84 ₦40.0K

8.61%

Fast Food Meal (McDonalds, etc)

$8.81 ฿297

$6.06 ₦8,127

45.38%

Cappuccino

$2.83 ฿95.5

$0.78 ₦1,046

262.82%

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

$0.87 ฿29.43

$0.22 ₦295

295.45%

Water (0.33 liter bottle)

$0.49 ฿16.67

$0.13 ₦179

276.92%

Local Beer (0.5 liter draught)

$2.56 ฿86.4

$0.53 ₦715

383.02%

Imported Beer (0.33 liter bottle)

$3.68 ฿124

$1.15 ₦1,545

220.00%

Milk (1 liter)

$1.66 ฿56.0

$0.58 ₦782

186.21%

White Bread (500g)

$1.46 ฿49.35

$0.60 ₦798

143.33%

Rice (white) (1kg)

$1.50 ฿50.6

$1.10 ₦1,478

36.36%

Eggs

$2.09 ฿70.5

$1.57 ₦2,102

33.12%

Local Cheese (1kg)

$19.07 ฿644

$3.62 ₦4,857

426.80%

Chicken Fillets (1kg)

$3.30 ฿111

$3.83 ₦5,129

-13.84%

Beef Round Steak (1kg)

$10.91 ฿368

$0.72 ₦962

1415.28%

Apples (1kg)

$2.93 ฿99.0

$1.64 ₦2,203

78.66%

Banana (1kg)

$1.69 ฿57.1

$1.27 ₦1,696

33.07%

Oranges (1kg)

$2.25 ฿75.8

$1.09 ₦1,464

106.42%

Tomato (1kg)

$2.08 ฿70.1

$0.29 ₦388

617.24%

Potato (1kg)

$1.51 ฿51.0

$0.57 ₦769

164.91%

Onion (1kg)

$1.38 ฿46.56

$0.23 ₦308

500.00%

Lettuce (1 head)

$1.07 ฿35.99

$0.21 ₦281

409.52%

Water (1.5 liter bottle)

$0.52 ฿17.52

$0.12 ₦159

333.33%

Cigarettes 20 Pack (Marlboro, Camel)

$4.20 ฿142

$0.58 ₦781

624.14%

Wine (Bottle)

$18.79 ฿634

$1.11 ₦1,484

1592.79%

Local Beer (0.5 liter bottle)

$1.82 ฿61.5

$0.40 ₦531

355.00%

Imported Beer (0.33 liter bottle)

$2.84 ฿95.9

$0.50 ₦669

468.00%

One-way Ticket (Public Transport)

$1.45 ฿49.03

$0.14 ₦187

935.71%

Public Transport Monthly Pass (Regular Price)

$56.7 ฿1,913

Taxi Start (Normal Tariff)

$3.02 ฿102

$0.66 ₦884

357.58%

Taxi (Normal Tariff) (1km)

$1.02 ฿34.36

$0.62 ₦825

64.52%

Taxi 1hour Waiting (Normal Tariff)

$3.69 ฿125

$1.14 ₦1,523

223.68%

Gasoline (1 liter)

$1.47 ฿49.81

$0.57 ₦759

157.89%

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

$26.8K ฿904.3K

$4,183 ₦5.6M

540.16%

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

$26.7K ฿901.3K

$29.0K ₦38.8M

-7.87%

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

$96.4 ฿3,254

$11.37 ₦15.2K

747.41%

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

$11.26 ฿380

$3.83 ₦5,129

193.99%

Internet (50+ Mbps, Unlimited Data)

$16.85 ฿569

$8.60 ₦11.5K

95.93%

Gym Membership (Monthly)

$67.2 ฿2,270

$21.27 ₦28.5K

216.08%

Tennis Court (1 Hour on Weekend)

$10.73 ฿362

Cinema Ticket

$7.50 ฿253

$1.47 ₦1,973

410.20%

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

$476 ฿16.1K

$48.34 ₦64.8K

884.55%

International Primary School, 1 Child (Yearly)

$11.3K ฿380.4K

$622 ₦833.1K

1712.03%

Jeans (Levis 501 Or Similar)

$62.4 ฿2,106

$11.76 ₦15.8K

430.27%

Summer Dress (H&M, Zara, etc)

$28.41 ฿959

$5.62 ₦7,529

405.52%

Sport Shoes (Adidas, Nike)

$94.3 ฿3,184

$14.86 ₦19.9K

534.52%

Men's Leather Business Shoes

$85.8 ฿2,898

$20.99 ₦28.1K

308.77%

1-bedroom Apartment, City Center (Monthly)

$716 ฿24.2K

$123 ₦165.0K

481.54%

1-bedroom Apartment, Outside City Center (Monthly)

$491 ฿16.6K

$45.67 ₦61.2K

974.91%

3-bedroom Apartment, City Center (Monthly)

$1,927 ฿65.1K

$444 ₦594.5K

334.40%

3-bedroom Apartment, Outside City Center (Monthly)

$1,431 ฿48.3K

$293 ₦392.4K

388.68%

Buy Apartment in City Center (m2)

$4,175 ฿141.0K

$849 ₦1.1M

391.79%

Buy Apartment Outside City Center (m2)

$3,045 ฿102.8K

$30.37 ₦40.7K

9924.93%

Average Monthly Net Salary (After Tax)

$502 ฿17.0K

$57.7 ₦77.3K

770.94%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.57

18.39

-69.71%

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

Last update for Phuket: October 26, 2026

Last update for Ibadan: October 26, 2026

Monthly budget structure

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

Accommodation & Living

Phuket

$491 38.4%

Ibadan

$46 18.2% 90.7% $445

Groceries & Markets

Phuket

$266 20.8%

Ibadan

$86 34.3% 67.7% $180

Monthly Utilities & Internet

Phuket

$124 9.7%

Ibadan

$24 9.5% 80.9% $101

Clothing & Footwear

Phuket

$122 9.5%

Ibadan

$24 9.6% 80.4% $98

Eating Out

Phuket

$122 9.5%

Ibadan

$43 17.1% 64.9% $79

Sport & Entertainment

Phuket

$82 6.4%

Ibadan

$24 9.7% 70.6% $58

Getting Around

Phuket

$71 5.5%

Ibadan

$4.3 * 1.7% 93.9% $66

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 $716 in Phuket and $123 in Ibadan. Housing cost is often the main lever when comparing two cities.

Phuket pays about 8.7 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $32 in Phuket vs $30 in Ibadan for a mid-range dinner for two. Groceries echo the gap at $266 vs $86 per month, with Ibadan cheaper across the board.

Good to know

🇹🇭 Phuket

🇳🇬 Ibadan

🕒 Local time

04:18 4:18 AM

22:18 10:18 PM

6 h behind Phuket

🌤 Weather

👥 Population

79,308

3,034,200

💱 Currency

Thai Baht THB ฿

Nigerian Naira NGN ₦

📈 Exchange rate

100 THB = 2.96 USD

100 THB = 2.66 EUR

10,000 NGN = 7.46 USD

10,000 NGN = 6.7 EUR

Exchange rates and currency converter

NGN, USD, EUR to THB – Thai Baht Converter

🇺🇸 United States Dollar ($)

🇹🇭 Thai Baht (฿)

Thai Baht exchange rates as of October 28, 2026: 1 USD = 33.77 THB (100 THB = 2.96 USD). 1 EUR = 37.59 THB (100 THB = 2.66 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 THB in detail →

On the map

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Between locations

Phuket Ibadan 10,390 km ≈ 13 h nonstop flight

From you

Phuket
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

Phuket vs Ibadan: Cost of Living - Frequently Asked Questions

Ibadan wins on cost – living expenses run 80% lower than in Phuket. 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 Phuket is about 8.7 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: $716 in Phuket versus $123 in Ibadan. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $476 in Phuket 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 $32 in Phuket. If you eat out regularly, this makes a real dent in your monthly spending.

At $251 in Ibadan versus $1,278 in Phuket, a $800 budget is realistic in Ibadan but tight or insufficient in Phuket. 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, Phuket on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.