Published: Monday, 21th October 2024
The cost of living in Cabo Verde is 1.22 times more expensive as compared to Mexico.
On this page, you will find side-by-side cost comparison between Cabo Verde and Mexico. We have created 172 cost-of-living indicators. We average the prices of all those indicators and take a mathematically calculated approach to determine which country is more expensive to live in between Cabo Verde and Mexico.
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 Indicators  | Cabo Verde  | Mexico  |
|---|---|---|
1 BHK Apartment in City Center  | 50,000 CVE (500 USD) | 15,000 MXN (840 USD) |
2 BHK Apartment in City Center  | 80,000 CVE (800 USD) | 25,000 MXN (1,400 USD) |
3 BHK Apartment in City Center  | 120,000 CVE (1,200 USD) | 35,000 MXN (1,960 USD) |
1 BHK Apartment outside City Center  | 30,000 CVE (300 USD) | 8,000 MXN (448 USD) |
2 BHK Apartment outside City Center  | 50,000 CVE (500 USD) | 12,000 MXN (672 USD) |
3 BHK Apartment outside City Center  | 80,000 CVE (800 USD) | 16,000 MXN (896 USD) |
Mortgage Rates Per Month  | 5 % | 2.5 % |
Realtor Commission  | 3 % | 5 % |
Property Taxes  | 0.25 to 0.5 % | 0.1 to 1.2 % |
The average housing cost in Cabo Verde is 1.59 times less expensive than Mexico.
Indicators | Cabo Verde | Mexico |
|---|---|---|
Basic Home Furnishing  | 30,000 CVE (300 USD) | 20,000 MXN (1,120 USD) |
Electricity Cost Per Month  | 7,000 CVE (70 USD) | 800 MXN (44.80 USD) |
Heating Cost Per Month  | 6,000 CVE (60 USD) | 500 MXN (28 USD) |
Cooling Cost Per Month  | 5,000 CVE (50 USD) | 400 MXN (22.40 USD) |
Water Supply Cost Per Month  | 5,000 CVE (50 USD) | 400 MXN (22.40 USD) |
If you lived in Cabo Verde, instead of Mexico, you would have to pay 57.18% less for Utilities.
The basic home furnishing in Cabo Verde costs 3.73 times less compared to Mexico.
Indicators | Cabo Verde | Mexico |
|---|---|---|
Standard Wifi Cost Per Month  | 8,000 CVE (80 USD) | 600 MXN (33.60 USD) |
Mobile Phone Basic Plan Cost Per Month  | 3,500 CVE (35 USD) | 300 MXN (16.80 USD) |
Landline Basic Plan Cost Per Month  | 4,000 CVE (40 USD) | 200 MXN (11.20 USD) |
Cable TV Basic Plan Cost Per Month  | 6,000 CVE (60 USD) | 500 MXN (28 USD) |
The internet and communication costs 139.96% more in Cabo Verde compared to Mexico.
Indicators | Cabo Verde | Mexico |
|---|---|---|
Long Grain Rice (1 KG)  | 1,800 CVE (18 USD) | 30 MXN (1.68 USD) |
Milk (1 Liter)  | 1,000 CVE (10 USD) | 20 MXN (1.12 USD) |
Water (1 Liter)  | 300 CVE (3 USD) | 10 MXN (0.56 USD) |
Bread (500 gm)  | 400 CVE (4 USD) | 25 MXN (1.40 USD) |
Eggs (1 Dozen)  | 1,200 CVE (12 USD) | 35 MXN (1.96 USD) |
Cheese (1 KG)  | 2,500 CVE (25 USD) | 100 MXN (5.60 USD) |
Chicken Breast (1 KG)  | 2,000 CVE (20 USD) | 80 MXN (4.48 USD) |
In Cabo Verde, the cost of 1 Liter Water and 1 Liter Milk is 7.74 times more expensive than the cost in Mexico.
If you lived in Cabo Verde, instead of Mexico, you would have to pay 447.62% more for Groceries.
Indicators | Cabo Verde | Mexico |
|---|---|---|
Apples (1 KG)  | 1,200 CVE (12 USD) | 35 MXN (1.96 USD) |
Bananas (1 KG)  | 700 CVE (7 USD) | 20 MXN (1.12 USD) |
Oranges (1 KG)  | 900 CVE (9 USD) | 25 MXN (1.40 USD) |
Tomatoes (1 KG)  | 800 CVE (8 USD) | 30 MXN (1.68 USD) |
Potatoes (1 KG)  | 600 CVE (6 USD) | 20 MXN (1.12 USD) |
Lemons (1 KG)  | 1,200 CVE (12 USD) | 35 MXN (1.96 USD) |
Onions (1 KG)  | 700 CVE (7 USD) | 20 MXN (1.12 USD) |
Lentils (1 KG)  | 1,900 CVE (19 USD) | 40 MXN (2.24 USD) |
If you lived in Cabo Verde, instead of Mexico, you would have to pay 6.35 times more for Fruits and Vegetables.
Indicators | Cabo Verde | Mexico |
|---|---|---|
Meal at a Resonable Restaurant  | 2,500 CVE (25 USD) | 150 MXN (8.40 USD) |
Three-Course Meal for Two  | 7,000 CVE (70 USD) | 600 MXN (33.60 USD) |
Fast Food Combo Meal  | 1,500 CVE (15 USD) | 80 MXN (4.48 USD) |
Normal Coffee  | 300 CVE (3 USD) | 30 MXN (1.68 USD) |
Soft Drink  | 200 CVE (2 USD) | 15 MXN (0.84 USD) |
Pizza for One  | 2,500 CVE (25 USD) | 150 MXN (8.40 USD) |
Take-Out Delivery Meal  | 2,000 CVE (20 USD) | 150 MXN (8.40 USD) |
Cigarette Pack of 20  | 800 CVE (8 USD) | 60 MXN (3.36 USD) |
Dining-Out costs 142.91% more in Cabo Verde compared to Mexico.
Indicators | Cabo Verde | Mexico |
|---|---|---|
Wine Mid-Range Bottle  | 3,000 CVE (30 USD) | 200 MXN (11.20 USD) |
Glass of Wine  | 1,000 CVE (10 USD) | 80 MXN (4.48 USD) |
Domestic Beer Half Liter  | 500 CVE (5 USD) | 20 MXN (1.12 USD) |
Imported Beer Half Liter  | 700 CVE (7 USD) | 35 MXN (1.96 USD) |
Domestic Alcohol 1 Liter  | 2,000 CVE (20 USD) | 200 MXN (11.20 USD) |
Branded Alcohol 1 Liter  | 3,500 CVE (35 USD) | 400 MXN (22.40 USD) |
If you lived in Cabo Verde, instead of Mexico, you would have to pay 2.04 times more for usual hard drinks.
Indicators | Cabo Verde | Mexico |
|---|---|---|
Monthly Public Transportation Pass  | 5,000 CVE (50 USD) | 800 MXN (44.80 USD) |
Single Public Transportation Ticket  | 150 CVE (1.50 USD) | 10 MXN (0.56 USD) |
Single Train Ticket  | Yet to Update () | Yet to Update () |
Domestic Airplane Ticket  | 15,000 CVE (150 USD) | 2,000 MXN (112 USD) |
Taxi Start Fare  | 300 CVE (3 USD) | 30 MXN (1.68 USD) |
Taxi Rate Per Kilometer  | 200 CVE (2 USD) | 8 MXN (0.45 USD) |
Car Rental Per Day  | 10,000 CVE (100 USD) | 600 MXN (33.60 USD) |
Parking Fees in City Center Per Hour  | 200 CVE (2 USD) | 20 MXN (1.12 USD) |
Parking Fees outside City Center Per Hour  | 100 CVE (1 USD) | 10 MXN (0.56 USD) |
If you lived in Cabo Verde, instead of Mexico, you would have to pay 1.59 times more for transportation.
Indicators | Cabo Verde | Mexico |
|---|---|---|
Reasonable Vehicle Purchase Cost  | 3,000,000 CVE (30,000 USD) | 250,000 MXN (14,000 USD) |
Vehicle Registration Cost  | 30,000 CVE (300 USD) | 2,000 MXN (112 USD) |
Driving License Fees  | 10,000 CVE (100 USD) | 1,000 MXN (56 USD) |
Car Insurance Cost  | 50,000 CVE (500 USD) | 4,000 MXN (224 USD) |
Car Maintenance Cost  | 20,000 CVE (200 USD) | 2,000 MXN (112 USD) |
Car Loan Interest Rates  | 6 % | 10 % |
Fuel Per Liter  | 150 CVE (1.50 USD) | 25 MXN (1.40 USD) |
Fuel Per Gallon  | 600 CVE (6 USD) | 100 MXN (5.60 USD) |
Average Toll Fees  | Yet to Update | Yet to Update |
You would have to pay 2.14 times more for Vehicle purchase, daily operation and maintenance in Cabo Verde compared to that of Mexico.
Indicators | Cabo Verde | Mexico |
|---|---|---|
Doctor Visit  | 2,500 CVE (25 USD) | 500 MXN (28 USD) |
Specialist Visit  | 5,000 CVE (50 USD) | 1,000 MXN (56 USD) |
Dentist Visit  | 4,000 CVE (40 USD) | 800 MXN (44.80 USD) |
Eye Exam  | 2,000 CVE (20 USD) | 400 MXN (22.40 USD) |
Mental Health Counseling  | 5,000 CVE (50 USD) | 1,500 MXN (84 USD) |
Preventive Health Screening  | 3,000 CVE (30 USD) | 600 MXN (33.60 USD) |
Physical Therapy  | 3,000 CVE (30 USD) | 1,000 MXN (56 USD) |
Emergency Room Visit  | 5,000 CVE (50 USD) | 3,000 MXN (168 USD) |
Hospital Stay Per Night  | 10,000 CVE (100 USD) | 4,000 MXN (224 USD) |
Vaccinations  | 2,000 CVE (20 USD) | 500 MXN (28 USD) |
Prescription Medication  | 1,000 CVE (10 USD) | 200 MXN (11.20 USD) |
Over the Counter Medication  | 600 CVE (6 USD) | 100 MXN (5.60 USD) |
Health Insurance Premiums  | 20,000 CVE (200 USD) | 2,000 MXN (112 USD) |
Health Insurance Deductibles  | 10,000 CVE (100 USD) | 800 MXN (44.80 USD) |
If you lived in Cabo Verde, instead of Mexico, you would have to pay 1.26 times less for Health and Medical Treatment.
Indicators | Cabo Verde | Mexico |
|---|---|---|
Cosmetic Procedures  | 15,000 CVE (150 USD) | 4,000 MXN (224 USD) |
Spa Treatment  | 8,000 CVE (80 USD) | 1,500 MXN (84 USD) |
Manicure Pedicure Cost  | 2,500 CVE (25 USD) | 500 MXN (28 USD) |
Optical Glasses Cost  | 5,000 CVE (50 USD) | 800 MXN (44.80 USD) |
Contact Lenses Cost  | 3,000 CVE (30 USD) | 400 MXN (22.40 USD) |
Haircuts  | 1,000 CVE (10 USD) | 150 MXN (8.40 USD) |
Hair Coloring  | 2,500 CVE (25 USD) | 500 MXN (28 USD) |
Shampoo Price  | 400 CVE (4 USD) | 60 MXN (3.36 USD) |
Toothpaste Price  | 200 CVE (2 USD) | 25 MXN (1.40 USD) |
If you lived in Cabo Verde, instead of Mexico, you would have to pay 1.18 times less for Personal Care Items and Treatment.
Indicators | Cabo Verde | Mexico |
|---|---|---|
Pair of Nike Running Shoes  | 20,000 CVE (200 USD) | 3,000 MXN (168 USD) |
Men's Shirt  | 4,000 CVE (40 USD) | 800 MXN (44.80 USD) |
Women's Dress  | 7,000 CVE (70 USD) | 1,500 MXN (84 USD) |
Summer Dress  | 5,000 CVE (50 USD) | 1,200 MXN (67.20 USD) |
Men's Suit  | 40,000 CVE (400 USD) | 6,000 MXN (336 USD) |
Men's Jeans  | 6,000 CVE (60 USD) | 1,500 MXN (84 USD) |
Women's Jeans  | 5,000 CVE (50 USD) | 1,500 MXN (84 USD) |
Men's Formal Shoes  | 12,000 CVE (120 USD) | 3,000 MXN (168 USD) |
Women's Formal Shoes  | 10,000 CVE (100 USD) | 3,000 MXN (168 USD) |
Men's Casual Shoes  | 8,000 CVE (80 USD) | 2,000 MXN (112 USD) |
Women's Casual Shoes  | 6,000 CVE (60 USD) | 2,000 MXN (112 USD) |
Underwear For Men  | 1,000 CVE (10 USD) | 200 MXN (11.20 USD) |
Underwear For Women  | 1,000 CVE (10 USD) | 250 MXN (14 USD) |
Socks For Men  | 400 CVE (4 USD) | 100 MXN (5.60 USD) |
Socks For Women  | 400 CVE (4 USD) | 100 MXN (5.60 USD) |
Wintercoat for Adults  | 15,000 CVE (150 USD) | 3,000 MXN (168 USD) |
Sportswear  | 8,000 CVE (80 USD) | 1,500 MXN (84 USD) |
If you lived in Cabo Verde, instead of Mexico, you would have to pay 1.15 times less for Clothing and Footwear for Adults.
Indicators | Cabo Verde | Mexico |
|---|---|---|
Children's Jeans  | 3,000 CVE (30 USD) | 1,000 MXN (56 USD) |
Children's Normal Sneakers  | 4,000 CVE (40 USD) | 1,200 MXN (67.20 USD) |
Children's Winter Coat  | 5,000 CVE (50 USD) | 1,500 MXN (84 USD) |
Daycare for Infant  | 40,000 CVE (400 USD) | 4,000 MXN (224 USD) |
Daycare for Toddler  | 35,000 CVE (350 USD) | 3,500 MXN (196 USD) |
Childcare for Sick Days  | 12,000 CVE (120 USD) | 800 MXN (44.80 USD) |
Early Childhood Education Programs  | 60,000 CVE (600 USD) | 3,000 MXN (168 USD) |
Extra Curricular Activities  | 20,000 CVE (200 USD) | 2,000 MXN (112 USD) |
Summer Camp for Kids  | 50,000 CVE (500 USD) | 5,000 MXN (280 USD) |
If you lived in Cabo Verde, instead of Mexico, you would have to pay 1.86 times more for Childcare and kids clothing.
Indicators | Cabo Verde | Mexico |
|---|---|---|
PreSchool Fees  | 30,000 CVE (300 USD) | 5,000 MXN (280 USD) |
Primary School Fees  | 50,000 CVE (500 USD) | 8,000 MXN (448 USD) |
Secondary School Fees  | 70,000 CVE (700 USD) | 12,000 MXN (672 USD) |
Private School Fees  | 150,000 CVE (1,500 USD) | 20,000 MXN (1,120 USD) |
University Tuition Fees  | 250,000 CVE (2,500 USD) | 60,000 MXN (3,360 USD) |
University Private Tuition Fees  | 400,000 CVE (4,000 USD) | 120,000 MXN (6,720 USD) |
After School Activities  | 20,000 CVE (200 USD) | 2,000 MXN (112 USD) |
Special Education Services  | 30,000 CVE (300 USD) | 2,500 MXN (140 USD) |
Tutoring  | 25,000 CVE (250 USD) | 1,000 MXN (56 USD) |
Textbooks Cost  | 15,000 CVE (150 USD) | 600 MXN (33.60 USD) |
School Supplies  | 8,000 CVE (80 USD) | 300 MXN (16.80 USD) |
If you lived in Cabo Verde, instead of Mexico, you would have to pay 1.24 times less for school and education.
Indicators | Cabo Verde | Mexico |
|---|---|---|
Movie Ticket (Single)  | 1,000 CVE (10 USD) | 100 MXN (5.60 USD) |
Theater Ticket (Single)  | 2,500 CVE (25 USD) | 300 MXN (16.80 USD) |
Concert Ticket (Single)  | 4,000 CVE (40 USD) | 500 MXN (28 USD) |
Sports Event Ticket (Single)  | 3,000 CVE (30 USD) | 500 MXN (28 USD) |
Gym Membership  | 5,000 CVE (50 USD) | 600 MXN (33.60 USD) |
Swimming Pool Access  | 4,000 CVE (40 USD) | 300 MXN (16.80 USD) |
Museum Entry Ticket  | 800 CVE (8 USD) | 100 MXN (5.60 USD) |
Zoo Entry Ticket  | 1,000 CVE (10 USD) | 150 MXN (8.40 USD) |
Amusement Park Entry Ticket  | 2,500 CVE (25 USD) | 300 MXN (16.80 USD) |
Bowling  | 1,500 CVE (15 USD) | 150 MXN (8.40 USD) |
Mini Golf  | 1,200 CVE (12 USD) | 100 MXN (5.60 USD) |
Video Games  | 7,000 CVE (70 USD) | 1,000 MXN (56 USD) |
Streaming Services  | 4,000 CVE (40 USD) | 150 MXN (8.40 USD) |
Outdoor Equipment Rental  | 1,500 CVE (15 USD) | 300 MXN (16.80 USD) |
Theme Park Annual Pass  | 20,000 CVE (200 USD) | 6,000 MXN (336 USD) |
If you lived in Cabo Verde, instead of Mexico, you would have to pay 1.00 times less for entertainment, recreation and fun activities.
Indicators | Cabo Verde | Mexico |
|---|---|---|
Language Classes  | 25,000 CVE (250 USD) | 1,500 MXN (84 USD) |
Parenting Classes  | 15,000 CVE (150 USD) | 1,000 MXN (56 USD) |
Art Classes  | 2,500 CVE (25 USD) | 600 MXN (33.60 USD) |
Fitness Classes  | 1,500 CVE (15 USD) | 300 MXN (16.80 USD) |
Music Lessons  | 3,000 CVE (30 USD) | 500 MXN (28 USD) |
Dance Lessons  | 3,000 CVE (30 USD) | 500 MXN (28 USD) |
Reading Materials for Classes  | 1,000 CVE (10 USD) | 200 MXN (11.20 USD) |
Educational Software  | 18,000 CVE (180 USD) | 1,000 MXN (56 USD) |
If you lived in Cabo Verde, instead of Mexico, you would have to pay 2.20 times more for Private Classes.
Indicators | Cabo Verde | Mexico |
|---|---|---|
Average Gross Monthly Salary  | 80,000 CVE (800 USD) | 20,000 MXN (1,120 USD) |
Average Net Monthly Salary  | 70,000 CVE (700 USD) | 15,000 MXN (840 USD) |
Minimum Wages  | 1,333.33 CVE per hour (13.33 USD) | 200 MXN per hour (11.20 USD) |
Average Bonus  | 20,000 CVE (200 USD) | 10,000 MXN (560 USD) |
Income Tax Rate  | 0 to 15 % | 0 to 16 % |
Social Security Contributions  | 10 % | 10 % |
Pension Contributions  | 8 % | 5 % |
Cost of Living Index  | 60 | 45 |
Median Household Income  | 150,000 CVE (1,500 USD) | 60,000 MXN (3,360 USD) |
If you lived in Cabo Verde, you would earn 1.83 times less salary as compared to Mexico.
Indicators | Cabo Verde | Mexico |
|---|---|---|
Legal Consultation Per Hour Rate  | 7,000 CVE (70 USD) | 1,000 MXN (56 USD) |
Accounting Services Per Hour Rate  | 5,000 CVE (50 USD) | 800 MXN (44.80 USD) |
IT Support Services Per Hour Rate  | 6,000 CVE (60 USD) | 700 MXN (39.20 USD) |
Technician Services Per Hour Rate  | 6,500 CVE (65 USD) | 600 MXN (33.60 USD) |
Professional Services cost 1.41 times more in Cabo Verde, as compared to Mexico.
We hope you enjoyed the detailed guide on the cost of living comparsion between Cabo Verde and Mexico.
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