Cost of Living in Ibadan - Updated Prices & Insights

Solo nomad: Estimated monthly costs are $347 (excluding rent), and $825 including rent.

Family of 3: Estimated monthly costs are $1,011 (excluding rent), and $2,228 including rent.

Meal at Budget Restaurant

$1.77 ₦2,517

$0.67 ₦946

$4.48 ₦6,355

Three-Course Dinner for Two, Mid-Range

$28.55 ₦40.5K

$11.93 ₦16.9K

$99.4 ₦141.1K

Fast Food Meal (McDonalds, etc)

$5.36 ₦7,599

$4.53 ₦6,430

$10.05 ₦14.3K

Cappuccino

$0.99 ₦1,406

$0.54 ₦772

$3.88 ₦5,501

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

$0.27 ₦382

$0.19 ₦273

$0.77 ₦1,093

Water (0.33 liter bottle)

$0.16 ₦222

$0.12 ₦169

$0.46 ₦651

Local Beer (0.5 liter draught)

$0.81 ₦1,152

$0.50 ₦709

$2.08 ₦2,953

Imported Beer (0.33 liter bottle)

$1.27 ₦1,806

$0.89 ₦1,264

$2.94 ₦4,167

Milk (1 liter)

$2.35 ₦3,339

$1.56 ₦2,207

$4.09 ₦5,807

White Bread (500g)

$1.19 ₦1,689

$0.64 ₦910

$2.03 ₦2,887

Rice (white) (1kg)

$2.10 ₦2,982

$1.01 ₦1,435

$3.84 ₦5,444

Eggs

$1.78 ₦2,519

$1.25 ₦1,776

$2.32 ₦3,290

Local Cheese (1kg)

$4.23 ₦6,000

$2.76 ₦3,917

$15.16 ₦21.5K

Chicken Fillets (1kg)

$4.11 ₦5,836

$2.76 ₦3,923

$6.46 ₦9,167

Beef Round Steak (1kg)

$4.23 ₦6,002

$2.30 ₦3,270

$8.59 ₦12.2K

Apples (1kg)

$2.47 ₦3,501

$1.37 ₦1,940

$5.27 ₦7,483

Banana (1kg)

$1.22 ₦1,733

$1.02 ₦1,444

$5.09 ₦7,219

Oranges (1kg)

$1.21 ₦1,718

$0.38 ₦544

$7.70 ₦10.9K

Tomato (1kg)

$1.68 ₦2,380

$0.64 ₦909

$4.06 ₦5,754

Potato (1kg)

$2.16 ₦3,059

$1.03 ₦1,457

$3.97 ₦5,637

Onion (1kg)

$1.57 ₦2,226

$0.69 ₦983

$3.39 ₦4,813

Lettuce (1 head)

$0.97 ₦1,382

$0.66 ₦941

$4.26 ₦6,044

Water (1.5 liter bottle)

$0.30 ₦420

$0.15 ₦217

$0.61 ₦867

Cigarettes 20 Pack (Marlboro, Camel)

$1.25 ₦1,768

$0.97 ₦1,382

$1.46 ₦2,072

Wine (Bottle)

$3.17 ₦4,494

$2.31 ₦3,284

$5.23 ₦7,418

Local Beer (0.5 liter bottle)

$0.64 ₦904

$0.33 ₦466

$1.26 ₦1,794

Imported Beer (0.33 liter bottle)

$0.93 ₦1,323

$0.52 ₦741

$2.01 ₦2,849

One-way Ticket (Public Transport)

$0.32 ₦460

$0.25 ₦352

$1.14 ₦1,624

Public Transport Monthly Pass (Regular Price)

$36.19 ₦51.4K

Taxi Start (Normal Tariff)

$1.24 ₦1,758

$0.57 ₦807

$1.67 ₦2,363

Taxi (Normal Tariff) (1km)

$1.08 ₦1,527

$1.05 ₦1,483

$2.76 ₦3,917

Taxi 1hour Waiting (Normal Tariff)

$3.70 ₦5,256

$1.36 ₦1,927

$6.68 ₦9,476

Gasoline (1 liter)

$0.52 ₦744

$0.39 ₦555

$0.81 ₦1,150

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

$9,420 ₦13.4M

$7,156 ₦10.2M

$24.7K ₦35.0M

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

$14.4K ₦20.5M

$27.4K ₦38.9M

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

$21.28 ₦30.2K

$19.73 ₦28.0K

$80.5 ₦114.2K

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

$7.43 ₦10.5K

$3.77 ₦5,354

$13.31 ₦18.9K

Internet (50+ Mbps, Unlimited Data)

$19.83 ₦28.1K

$12.94 ₦18.4K

$52.2 ₦74.0K

Gym Membership (Monthly)

$29.31 ₦41.6K

$23.29 ₦33.1K

$35.32 ₦50.1K

Cinema Ticket

$2.65 ₦3,766

$2.44 ₦3,463

$7.92 ₦11.2K

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

$50.1 ₦71.0K

$38.90 ₦55.2K

$171 ₦242.3K

International Primary School, 1 Child (Yearly)

$1,896 ₦2.7M

$399 ₦565.4K

$4,835 ₦6.9M

Jeans (Levis 501 Or Similar)

$18.38 ₦26.1K

$12.67 ₦18.0K

$35.91 ₦51.0K

Summer Dress (H&M, Zara, etc)

$24.96 ₦35.4K

$10.00 ₦14.2K

$53.4 ₦75.8K

Sport Shoes (Adidas, Nike)

$42.77 ₦60.7K

$16.78 ₦23.8K

$128 ₦181.4K

Men's Leather Business Shoes

$29.46 ₦41.8K

$19.68 ₦27.9K

$116 ₦164.1K

1-bedroom Apartment, City Center (Monthly)

$459 ₦650.7K

$184 ₦260.5K

$856 ₦1.2M

1-bedroom Apartment, Outside City Center (Monthly)

$422 ₦599.2K

$93.4 ₦132.6K

$1,063 ₦1.5M

3-bedroom Apartment, City Center (Monthly)

$1,223 ₦1.7M

$783 ₦1.1M

$1,662 ₦2.4M

3-bedroom Apartment, Outside City Center (Monthly)

$1,281 ₦1.8M

$530 ₦751.3K

$2,409 ₦3.4M

Buy Apartment in City Center (m2)

$840 ₦1.2M

$588 ₦835.0K

$1,092 ₦1.5M

Buy Apartment Outside City Center (m2)

$52.6 ₦74.6K

Average Monthly Net Salary (After Tax)

$117 ₦165.9K

20-Year Fixed Mortgage Interest Rate (Annual %)

16.33

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

Last update: January 13, 2026

Ibadan Median Internet Speeds (Updated December 2025)

Mobile

101

Mbps

Fixed Broadband

Mbps

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

City tags:

🌍 Africa

Cost of Living in Ibadan - Frequently Asked Questions

Compared with Nigeria's biggest cities, the Cost of Living in Ibadan, Nigeria remains approachable for long stays. It offers solid value for travelers, expats, and digital nomads who want a practical balance of housing, markets, and work spaces without the Lagos price tag. Central areas such as Dugbe or Bodija give quick access to services, while outer neighborhoods tend to be calmer and more affordable. Daily costs hinge on food choices, utilities, and transport rather than flashy luxuries. Internet quality varies by area, so choose a coworking base with a reliable connection. Tip: Start with a short, flexible stay to map your routines.

Daily life in Ibadan centers on practical choices: housing, food, transport, and errands that fit a work pace. In housing, you will find options from shared flats near Bodija and Dugbe to quieter blocks farther out; use local agents or walk the streets to compare rents and check power and water reliability. Food options range from vibrant markets and street stalls to casual restaurants; cooking at home keeps meals predictable while you explore local flavors. Transport relies on buses, shared taxis, and trikes, with ride hailing handy for evenings or rain. Co working spaces near UI and the city center can help you stay productive. For budgeting, consider the Ibadan, Nigeria living cost as a rough reference. Tip: Build a weekly routine that minimizes back and forth.

Quality of life in Ibadan is shaped by budgeting discipline, neighborhood fit, and seasonal rhythms. A simple approach is to allocate housing and food first, then transport and utilities, with a small buffer for social or learning activities. Ways to save include cooking at home, shopping at local markets, and choosing walkable areas to cut travel time. Seasonal changes affect travel, power reliability, and dust levels, so have a flexible plan and a light rain gear. Neighborhoods around Dugbe and UI Center tend to be lively and convenient, while outer districts offer more space and calmer streets. Tip: Use a straightforward budgeting framework to compare neighborhoods across seasons.