Cost of Living in Ibadan - Updated Prices & Insights

Monthly Cost of Living

Living costs for one person come to about $247 monthly including rent, or $171 excluding housing.

Estimated monthly costs for a couple: $563 with rent, or $400 without housing.

Monthly costs for a family of three come to about $879 including rent, or $630 for daily expenses alone.

Ibadan sits 70–82% below the global median across household types. Within Africa, costs are well below average (74% lower) – one of the most affordable options in the region.

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🍽 Eating Out
Cost
Range
Meal at Budget Restaurant
$1.13 ₦1,505
$0.22 ₦296
$5.28 ₦7,029
Three-Course Dinner for Two, Mid-Range
$30.11 ₦40.1K
$16.50 ₦22.0K
$100 ₦133.5K
Fast Food Meal (McDonalds, etc)
$5.96 ₦7,924
$2.18 ₦2,900
$9.72 ₦12.9K
Cappuccino
$0.74 ₦991
$0.18 ₦244
$4.33 ₦5,765
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$0.22 ₦293
$0.12 ₦154
$0.59 ₦782
Water (0.33 liter bottle)
$0.14 ₦181
$0.07 ₦97.3
$0.42 ₦556
Local Beer (0.5 liter draught)
$0.58 ₦768
$0.38 ₦507
$2.06 ₦2,743
Imported Beer (0.33 liter bottle)
$1.11 ₦1,476
$0.59 ₦791
$2.97 ₦3,955
🛒 Groceries & Markets
Cost
Range
Milk (1 liter)
$0.59 ₦781
$0.59 ₦781
$4.38 ₦5,833
White Bread (500g)
$0.54 ₦721
$0.29 ₦379
$1.90 ₦2,529
Rice (white) (1kg)
$1.15 ₦1,525
$0.38 ₦504
$6.14 ₦8,172
Eggs
$1.57 ₦2,085
$0.64 ₦848
$3.18 ₦4,225
Local Cheese (1kg)
$3.44 ₦4,578
$1.83 ₦2,432
$8.76 ₦11.7K
Chicken Fillets (1kg)
$3.96 ₦5,266
$3.43 ₦4,560
$10.19 ₦13.6K
Beef Round Steak (1kg)
$0.74 ₦984
$0.74 ₦984
$9.85 ₦13.1K
Apples (1kg)
$1.69 ₦2,245
$0.91 ₦1,210
$5.28 ₦7,031
Banana (1kg)
$1.27 ₦1,692
$0.61 ₦806
$5.05 ₦6,713
Oranges (1kg)
$1.13 ₦1,497
$0.22 ₦297
$2.65 ₦3,521
Tomato (1kg)
$0.29 ₦383
$0.29 ₦383
$1.44 ₦1,914
Potato (1kg)
$0.59 ₦782
$0.59 ₦782
$1.83 ₦2,438
Onion (1kg)
$0.23 ₦307
$0.23 ₦307
$1.96 ₦2,612
Lettuce (1 head)
$0.23 ₦306
$0.23 ₦306
$1.49 ₦1,976
Water (1.5 liter bottle)
$0.14 ₦180
$0.06 ₦75.1
$0.68 ₦901
Cigarettes 20 Pack (Marlboro, Camel)
$0.58 ₦765
$0.38 ₦506
$0.77 ₦1,025
Wine (Bottle)
$1.13 ₦1,508
$1.13 ₦1,508
$4.53 ₦6,033
Local Beer (0.5 liter bottle)
$0.43 ₦568
$0.11 ₦152
$0.78 ₦1,039
Imported Beer (0.33 liter bottle)
$0.46 ₦607
$0.21 ₦278
$1.06 ₦1,417
🚌 Getting Around
Cost
Range
One-way Ticket (Public Transport)
$0.15 ₦194
$0.12 ₦164
$0.17 ₦224
Taxi Start (Normal Tariff)
$0.64 ₦849
$0.35 ₦469
$0.92 ₦1,229
Taxi (Normal Tariff) (1km)
$0.62 ₦820
$0.62 ₦820
$1.53 ₦2,035
Taxi 1hour Waiting (Normal Tariff)
$1.13 ₦1,506
$0.76 ₦1,008
$3.77 ₦5,016
Gasoline (1 liter)
$0.53 ₦701
$0.13 ₦169
$1.02 ₦1,363
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$4,110 ₦5.5M
$4,110 ₦5.5M
$12.0K ₦15.9M
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$13.4K ₦17.8M
$11.0K ₦14.7M
$20.6K ₦27.4M
🧾 Monthly Utilities & Internet
Cost
Range
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$11.17 ₦14.9K
$11.17 ₦14.9K
$249 ₦331.6K
SIM Card Monthly Plan (Calls and 10GB+ Data)
$3.71 ₦4,930
$3.71 ₦4,930
$4.45 ₦5,922
Internet (50+ Mbps, Unlimited Data)
$8.73 ₦11.6K
$7.49 ₦9,964
$74.9 ₦99.6K
🎉 Sport & Entertainment
Cost
Range
Gym Membership (Monthly)
$21.78 ₦29.0K
$13.53 ₦18.0K
$30.05 ₦40.0K
Cinema Ticket
$1.47 ₦1,955
$0.74 ₦984
$7.37 ₦9,803
🧸 Childcare & Education
Cost
Range
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$49.18 ₦65.4K
$22.70 ₦30.2K
$2,381 ₦3.2M
International Primary School, 1 Child (Yearly)
$625 ₦831.7K
$150 ₦199.6K
$32.3K ₦42.9M
👕👟 Clothing & Footwear
Cost
Range
Jeans (Levis 501 Or Similar)
$12.00 ₦16.0K
$6.00 ₦7,988
$22.50 ₦29.9K
Summer Dress (H&M, Zara, etc)
$5.66 ₦7,534
$5.66 ₦7,534
$49.10 ₦65.3K
Sport Shoes (Adidas, Nike)
$15.14 ₦20.1K
$15.14 ₦20.1K
$75.7 ₦100.7K
Men's Leather Business Shoes
$21.33 ₦28.4K
$11.29 ₦15.0K
$151 ₦200.4K
🏠 Accommodation & Living
Cost
Range
1-bedroom Apartment, City Center (Monthly)
$125 ₦166.1K
$60.6 ₦80.6K
$189 ₦251.7K
1-bedroom Apartment, Outside City Center (Monthly)
$44.70 ₦59.5K
$36.64 ₦48.7K
$52.8 ₦70.2K
3-bedroom Apartment, City Center (Monthly)
$445 ₦591.7K
-
3-bedroom Apartment, Outside City Center (Monthly)
$305 ₦405.1K
$305 ₦405.1K
$305 ₦405.1K
Buy Apartment in City Center (m2)
$861 ₦1.1M
$644 ₦856.3K
$1,078 ₦1.4M
Buy Apartment Outside City Center (m2)
$29.92 ₦39.8K
-
💵 Salaries & Financials
Cost
Range
Average Monthly Net Salary (After Tax)
$56.7 ₦75.4K
-
20-Year Fixed Mortgage Interest Rate (Annual %)
18.05
18
20

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

Last update: August 31, 2026

Cost Breakdown

Expect to pay about $125 for a central one-bedroom, or $44.70 outside the center. At 220% of the average salary ($56.7), housing is the biggest financial pressure.

Average take-home pay sits at $56.7, while typical expenses reach $247. The gap means tight budgeting for locals, though expats with foreign income can live comfortably.

Expect to spend about $87.0 monthly on groceries. Dining out at a mid-range restaurant costs roughly $30.00 for two – well below the African average of $42.00.

Cost Highlights

Ibadan has the 2nd cheapest imported beer worldwide

Ibadan has the 7th cheapest local beer worldwide

Local beer is among the 20 cheapest worldwide (out of 7,268 cities)

Ibadan Median Internet Speeds (Updated April 2026)

Mobile

Download
Mbps
Upload
Mbps
Latency
ms

Fixed Broadband

Download
Mbps
Upload
Mbps
Latency
ms
The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.
Digital Nomad Cost of Living Index
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Cost of Living in Ibadan - Frequently Asked Questions
How does the overall affordability of Ibadan compare for travelers, expats, and digital nomads, and who tends to get good value here?
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.
What does daily life look like in Ibadan in terms of housing search, food options, transport, and errands?
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.
What factors contribute to quality of life in Ibadan, and how can you plan a budgeting approach, seasonality, and neighborhood fit?
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.
Why is Ibadan considered affordable?
Compared to most cities worldwide, Ibadan is just cheap – all-in costs average $247 monthly. Both housing and daily necessities sit below the international median, which explains its popularity with budget travelers, nomads, and locals on modest incomes.
Is Ibadan expensive to live in?
Your money goes further in Ibadan than in most cities its size. Expect to spend roughly $247 per month with housing included – groceries, transport, and eating out are all priced well below what you'd pay in comparable urban centers.
Can you save money on an average salary in Ibadan?
At $56.7 take-home, most residents in Ibadan can cover the $247 monthly cost of living. Those earning $371 or more have room to save; below-average earners will find things noticeably tighter.
What are typical rents in Ibadan?
Where you live in Ibadan makes all the difference. Central one-bedrooms cost about $125; commute-friendly outer districts come in around $44.70. Overall, the market runs from $44.70 to $125 depending on size, location, and apartment condition.
How cheap is food in Ibadan?
Ibadan is great for eating affordably at home. Monthly grocery bills run about $87.0, and local produce is plentiful and well-priced, making home cooking both practical and cost-effective.
How expensive is a gym membership in Ibadan?
Fitness in Ibadan is cheap at around $21.78 monthly for a standard gym. It's one of the lighter items in the budget, making it easy to stay active without worrying about the cost.
Can you live on $800 a month in Ibadan?
$800 stretches far in Ibadan – all-in monthly costs average only $247. The surplus means you can build savings, travel a bit, and live above the local average without much effort.
Is Ibadan a good city for digital nomads?
Remote workers pick Ibadan for good reason: vibrant nightlife, family-friendly facilities, expat-friendly services, all at about $247 per month including rent. It fits a wide range of remote salaries without compromising on comfort or connectivity.
Can you save money living in Ibadan?
Monthly expenses in Ibadan run around $247, so putting money aside takes more than $371 in income. Keeping housing costs low and avoiding lifestyle creep are the keys to building a decent savings rate here.

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