Cost of living in Cape Verde compared to Nigeria
Currency:
| Food | - 23% | |||
|---|---|---|---|---|
| Food in Cape Verde is 23% cheaper than in Nigeria | ||||
| Cape Verde | Nigeria | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | 654 Escudo (2,945 ₦) | 2,597 ₦ | + 13% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 458 Escudo (2,061 ₦) | 3,245 ₦ | - 36% | |
| 500 gr (1 lb.) of boneless chicken breast | 341 Escudo (1,534 ₦) | 1,758 ₦ | - 13% | |
| 1 liter (1 qt.) of whole fat milk | 111 Escudo (498 ₦) | 1,508 ₦ | - 67% | |
| 12 eggs, large | 243 Escudo (1,093 ₦) | 1,104 ₦ | - 1% | |
| 1 kg (2 lb.) of tomatoes | 131 Escudo (590 ₦) | 1,146 ₦ | - 49% | |
| 500 gr (16 oz.) of local cheese | 509 Escudo (2,293 ₦) | 1,311 ₦ | + 75% | |
| 1 kg (2 lb.) of apples | 204 Escudo (919 ₦) | 1,908 ₦ | - 52% | |
| 1 kg (2 lb.) of potatoes | 156 Escudo (704 ₦) | 1,283 ₦ | - 45% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 141 Escudo (635 ₦) | 511 ₦ | + 24% | |
| 1 bottle of red table wine, good quality | 700 Escudo (3,154 ₦) | 3,367 ₦ | - 6% | |
| 2 liters of coca-cola | 180 Escudo (809 ₦) | 1,012 ₦ | - 20% | |
| Bread for 2 people for 1 day | 115 Escudo (518 ₦) | 615 ₦ | - 16% | |
| Housing | - 47% | |||
| Housing in Cape Verde is 47% cheaper than in Nigeria | ||||
| Cape Verde | Nigeria | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 52,847 Escudo (237,983 ₦) | 1,087,280 ₦ | - 78% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 35,242 Escudo (158,701 ₦) | 480,899 ₦ | - 67% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 15,000 Escudo (67,548 ₦) | 50,320 ₦ | + 34% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 49,113 Escudo (221,164 ₦) | 441,651 ₦ | - 50% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 31,915 Escudo (143,720 ₦) | 270,421 ₦ | - 47% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 15,000 Escudo (67,548 ₦) | 80,318 ₦ | - 16% | |
| Internet 8 mbps (1 month) | 4,867 Escudo (21,919 ₦) | 17,872 ₦ | + 23% | |
| 40” flat screen tv | 37,294 Escudo (167,945 ₦) | 97,009 ₦ | + 73% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 11,059 Escudo (49,801 ₦) | 56,399 ₦ | - 12% | |
| Laundry detergent (3 l. ~ 100 oz.) | 705 Escudo (3,173 ₦) | 6,433 ₦ | - 51% | |
| Hourly rate for cleaning help | 500 Escudo (2,252 ₦) | 1,500 ₦ | + 50% | |
| Clothes | + 28% | |||
| Clothes in Cape Verde is 28% more expensive than in Nigeria | ||||
| Cape Verde | Nigeria | Diff | ||
| 1 pair of jeans (levis 501 or similar) | 4,100 Escudo (18,464 ₦) | 8,462 ₦ | + 118% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 3,228 Escudo (14,537 ₦) | 12,300 ₦ | + 18% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 6,774 Escudo (30,504 ₦) | 28,695 ₦ | + 6% | |
| 1 pair of men’s leather business shoes | 8,041 Escudo (36,213 ₦) | 29,497 ₦ | + 23% | |
| Transportation | + 14% | |||
| Transportation in Cape Verde is 14% more expensive than in Nigeria | ||||
| Cape Verde | Nigeria | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 3,200,000 Escudo (14,410,294 ₦) | 8,000,000 ₦ | + 80% | |
| 1 liter (1/4 gallon) of gas | 166 Escudo (748 ₦) | 256 ₦ | + 192% | |
| Monthly ticket public transport | 3,061 Escudo (13,786 ₦) | 19,283 ₦ | - 29% | |
| Personal Care | - 1% | |||
| Personal Care in Cape Verde is about the same as in Nigeria | ||||
| Cape Verde | Nigeria | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 277 Escudo (1,246 ₦) | 383 ₦ | + 226% | |
| 1 box of antibiotics (12 doses) | 300 Escudo (1,351 ₦) | 1,629 ₦ | - 17% | |
| Short visit to private doctor (15 minutes) | 2,734 Escudo (12,314 ₦) | 19,489 ₦ | - 37% | |
| 1 box of 32 tampons (tampax, ob, ...) | 297 Escudo (1,336 ₦) | 2,247 ₦ | - 41% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 290 Escudo (1,305 ₦) | 835 ₦ | + 56% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 422 Escudo (1,902 ₦) | 1,660 ₦ | + 15% | |
| 4 rolls of toilet paper | 112 Escudo (504 ₦) | 651 ₦ | - 23% | |
| Tube of toothpaste | 137 Escudo (618 ₦) | 663 ₦ | - 7% | |
| Standard men's haircut in expat area of the city | 312 Escudo (1,405 ₦) | 1,692 ₦ | - 17% | |
| Entertainment | + 16% | |||
| Entertainment in Cape Verde is 16% more expensive than in Nigeria | ||||
| Cape Verde | Nigeria | Diff | ||
| Basic dinner out for two in neighborhood pub | 1,457 Escudo (6,563 ₦) | 8,546 ₦ | - 23% | |
| 2 tickets to the movies | 562 Escudo (2,529 ₦) | 6,169 ₦ | - 59% | |
| 2 tickets to the theater (best available seats) | - | 8,826 ₦ | - | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 1,882 Escudo (8,474 ₦) | 17,024 ₦ | - 50% | |
| 1 cocktail drink in downtown club | 277 Escudo (1,246 ₦) | 3,233 ₦ | - 61% | |
| Cappuccino in expat area of the city | 125 Escudo (562 ₦) | 1,074 ₦ | - 48% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 265 Escudo (1,195 ₦) | 500 ₦ | + 139% | |
| Ipad wi-fi 128gb | 50,000 Escudo (225,161 ₦) | 137,406 ₦ | + 64% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 25 Escudo (113 ₦) | 24 ₦ | + 374% | |
| 1 month of gym membership in business district | 3,299 Escudo (14,858 ₦) | 20,543 ₦ | - 28% | |
| 1 package of marlboro cigarettes | 251 Escudo (1,128 ₦) | 519 ₦ | + 118% | |
| TOTAL | - 16% | |||
This comparison is lacking data. It provides a decent comparison, but it is not yet reliable. It is based on 474 prices entered by 51 different people.
These prices were last updated on June 01, 2023.
Exchange rate:
4.503
NGN
/
CVE
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Cost of living in Cape Verde is 16% cheaper than in Nigeria
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