Published: Monday, 21th October 2024
The cost of living in Cabo Verde is 4.09 times more expensive as compared to Nigeria.
On this page, you will find side-by-side cost comparison between Cabo Verde and Nigeria. 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 Nigeria.
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 Indicators  | Cabo Verde  | Nigeria  |
|---|---|---|
1 BHK Apartment in City Center  | 50,000 CVE (500 USD) | 500,000 NGN (650 USD) |
2 BHK Apartment in City Center  | 80,000 CVE (800 USD) | 800,000 NGN (1,040 USD) |
3 BHK Apartment in City Center  | 120,000 CVE (1,200 USD) | 1,200,000 NGN (1,560 USD) |
1 BHK Apartment outside City Center  | 30,000 CVE (300 USD) | 300,000 NGN (390 USD) |
2 BHK Apartment outside City Center  | 50,000 CVE (500 USD) | 500,000 NGN (650 USD) |
3 BHK Apartment outside City Center  | 80,000 CVE (800 USD) | 800,000 NGN (1,040 USD) |
Mortgage Rates Per Month  | 5 % | 1.8 % |
Realtor Commission  | 3 % | 5 % |
Property Taxes  | 0.25 to 0.5 % | 0.5 to 1.5 % |
The average housing cost in Cabo Verde is 1.30 times less expensive than Nigeria.
Indicators | Cabo Verde | Nigeria |
|---|---|---|
Basic Home Furnishing  | 30,000 CVE (300 USD) | 2,000,000 NGN (2,600 USD) |
Electricity Cost Per Month  | 7,000 CVE (70 USD) | 20,000 NGN (26 USD) |
Heating Cost Per Month  | 6,000 CVE (60 USD) | 15,000 NGN (19.50 USD) |
Cooling Cost Per Month  | 5,000 CVE (50 USD) | 25,000 NGN (32.50 USD) |
Water Supply Cost Per Month  | 5,000 CVE (50 USD) | 15,000 NGN (19.50 USD) |
If you lived in Cabo Verde, instead of Nigeria, you would have to pay 80.35% less for Utilities.
The basic home furnishing in Cabo Verde costs 8.67 times less compared to Nigeria.
Indicators | Cabo Verde | Nigeria |
|---|---|---|
Standard Wifi Cost Per Month  | 8,000 CVE (80 USD) | 20,000 NGN (26 USD) |
Mobile Phone Basic Plan Cost Per Month  | 3,500 CVE (35 USD) | 7,000 NGN (9.10 USD) |
Landline Basic Plan Cost Per Month  | 4,000 CVE (40 USD) | 5,000 NGN (6.50 USD) |
Cable TV Basic Plan Cost Per Month  | 6,000 CVE (60 USD) | 15,000 NGN (19.50 USD) |
The internet and communication costs 251.88% more in Cabo Verde compared to Nigeria.
Indicators | Cabo Verde | Nigeria |
|---|---|---|
Long Grain Rice (1 KG)  | 1,800 CVE (18 USD) | 800 NGN (1.04 USD) |
Milk (1 Liter)  | 1,000 CVE (10 USD) | 400 NGN (0.52 USD) |
Water (1 Liter)  | 300 CVE (3 USD) | 200 NGN (0.26 USD) |
Bread (500 gm)  | 400 CVE (4 USD) | 300 NGN (0.39 USD) |
Eggs (1 Dozen)  | 1,200 CVE (12 USD) | 700 NGN (0.91 USD) |
Cheese (1 KG)  | 2,500 CVE (25 USD) | 1,500 NGN (1.95 USD) |
Chicken Breast (1 KG)  | 2,000 CVE (20 USD) | 1,500 NGN (1.95 USD) |
In Cabo Verde, the cost of 1 Liter Water and 1 Liter Milk is 16.67 times more expensive than the cost in Nigeria.
If you lived in Cabo Verde, instead of Nigeria, you would have to pay 1210.54% more for Groceries.
Indicators | Cabo Verde | Nigeria |
|---|---|---|
Apples (1 KG)  | 1,200 CVE (12 USD) | 1,000 NGN (1.30 USD) |
Bananas (1 KG)  | 700 CVE (7 USD) | 600 NGN (0.78 USD) |
Oranges (1 KG)  | 900 CVE (9 USD) | 800 NGN (1.04 USD) |
Tomatoes (1 KG)  | 800 CVE (8 USD) | 600 NGN (0.78 USD) |
Potatoes (1 KG)  | 600 CVE (6 USD) | 500 NGN (0.65 USD) |
Lemons (1 KG)  | 1,200 CVE (12 USD) | 800 NGN (1.04 USD) |
Onions (1 KG)  | 700 CVE (7 USD) | 600 NGN (0.78 USD) |
Lentils (1 KG)  | 1,900 CVE (19 USD) | 1,000 NGN (1.30 USD) |
If you lived in Cabo Verde, instead of Nigeria, you would have to pay 10.43 times more for Fruits and Vegetables.
Indicators | Cabo Verde | Nigeria |
|---|---|---|
Meal at a Resonable Restaurant  | 2,500 CVE (25 USD) | 2,000 NGN (2.60 USD) |
Three-Course Meal for Two  | 7,000 CVE (70 USD) | 7,000 NGN (9.10 USD) |
Fast Food Combo Meal  | 1,500 CVE (15 USD) | 1,000 NGN (1.30 USD) |
Normal Coffee  | 300 CVE (3 USD) | 300 NGN (0.39 USD) |
Soft Drink  | 200 CVE (2 USD) | 200 NGN (0.26 USD) |
Pizza for One  | 2,500 CVE (25 USD) | 3,000 NGN (3.90 USD) |
Take-Out Delivery Meal  | 2,000 CVE (20 USD) | 2,000 NGN (2.60 USD) |
Cigarette Pack of 20  | 800 CVE (8 USD) | 1,500 NGN (1.95 USD) |
Dining-Out costs 660.18% more in Cabo Verde compared to Nigeria.
Indicators | Cabo Verde | Nigeria |
|---|---|---|
Wine Mid-Range Bottle  | 3,000 CVE (30 USD) | 3,000 NGN (3.90 USD) |
Glass of Wine  | 1,000 CVE (10 USD) | 1,500 NGN (1.95 USD) |
Domestic Beer Half Liter  | 500 CVE (5 USD) | 600 NGN (0.78 USD) |
Imported Beer Half Liter  | 700 CVE (7 USD) | 1,200 NGN (1.56 USD) |
Domestic Alcohol 1 Liter  | 2,000 CVE (20 USD) | 3,000 NGN (3.90 USD) |
Branded Alcohol 1 Liter  | 3,500 CVE (35 USD) | 5,000 NGN (6.50 USD) |
If you lived in Cabo Verde, instead of Nigeria, you would have to pay 5.76 times more for usual hard drinks.
Indicators | Cabo Verde | Nigeria |
|---|---|---|
Monthly Public Transportation Pass  | 5,000 CVE (50 USD) | 15,000 NGN (19.50 USD) |
Single Public Transportation Ticket  | 150 CVE (1.50 USD) | 200 NGN (0.26 USD) |
Single Train Ticket  | Yet to Update () | Yet to Update () |
Domestic Airplane Ticket  | 15,000 CVE (150 USD) | 50,000 NGN (65 USD) |
Taxi Start Fare  | 300 CVE (3 USD) | 500 NGN (0.65 USD) |
Taxi Rate Per Kilometer  | 200 CVE (2 USD) | 300 NGN (0.39 USD) |
Car Rental Per Day  | 10,000 CVE (100 USD) | 15,000 NGN (19.50 USD) |
Parking Fees in City Center Per Hour  | 200 CVE (2 USD) | 200 NGN (0.26 USD) |
Parking Fees outside City Center Per Hour  | 100 CVE (1 USD) | 100 NGN (0.13 USD) |
If you lived in Cabo Verde, instead of Nigeria, you would have to pay 2.93 times more for transportation.
Indicators | Cabo Verde | Nigeria |
|---|---|---|
Reasonable Vehicle Purchase Cost  | 3,000,000 CVE (30,000 USD) | 1,500,000 NGN (1,950 USD) |
Vehicle Registration Cost  | 30,000 CVE (300 USD) | 50,000 NGN (65 USD) |
Driving License Fees  | 10,000 CVE (100 USD) | 10,000 NGN (13 USD) |
Car Insurance Cost  | 50,000 CVE (500 USD) | 30,000 NGN (39 USD) |
Car Maintenance Cost  | 20,000 CVE (200 USD) | 15,000 NGN (19.50 USD) |
Car Loan Interest Rates  | 6 % | 12 % |
Fuel Per Liter  | 150 CVE (1.50 USD) | 300 NGN (0.39 USD) |
Fuel Per Gallon  | 600 CVE (6 USD) | 1,200 NGN (1.56 USD) |
Average Toll Fees  | Yet to Update | Yet to Update |
You would have to pay 14.90 times more for Vehicle purchase, daily operation and maintenance in Cabo Verde compared to that of Nigeria.
Indicators | Cabo Verde | Nigeria |
|---|---|---|
Doctor Visit  | 2,500 CVE (25 USD) | 3,000 NGN (3.90 USD) |
Specialist Visit  | 5,000 CVE (50 USD) | 7,000 NGN (9.10 USD) |
Dentist Visit  | 4,000 CVE (40 USD) | 5,000 NGN (6.50 USD) |
Eye Exam  | 2,000 CVE (20 USD) | 2,000 NGN (2.60 USD) |
Mental Health Counseling  | 5,000 CVE (50 USD) | 5,000 NGN (6.50 USD) |
Preventive Health Screening  | 3,000 CVE (30 USD) | 3,000 NGN (3.90 USD) |
Physical Therapy  | 3,000 CVE (30 USD) | 3,000 NGN (3.90 USD) |
Emergency Room Visit  | 5,000 CVE (50 USD) | 25,000 NGN (32.50 USD) |
Hospital Stay Per Night  | 10,000 CVE (100 USD) | 15,000 NGN (19.50 USD) |
Vaccinations  | 2,000 CVE (20 USD) | 2,000 NGN (2.60 USD) |
Prescription Medication  | 1,000 CVE (10 USD) | 1,000 NGN (1.30 USD) |
Over the Counter Medication  | 600 CVE (6 USD) | 500 NGN (0.65 USD) |
Health Insurance Premiums  | 20,000 CVE (200 USD) | 25,000 NGN (32.50 USD) |
Health Insurance Deductibles  | 10,000 CVE (100 USD) | 10,000 NGN (13 USD) |
If you lived in Cabo Verde, instead of Nigeria, you would have to pay 5.28 times more for Health and Medical Treatment.
Indicators | Cabo Verde | Nigeria |
|---|---|---|
Cosmetic Procedures  | 15,000 CVE (150 USD) | 8,000 NGN (10.40 USD) |
Spa Treatment  | 8,000 CVE (80 USD) | 5,000 NGN (6.50 USD) |
Manicure Pedicure Cost  | 2,500 CVE (25 USD) | 2,000 NGN (2.60 USD) |
Optical Glasses Cost  | 5,000 CVE (50 USD) | 5,000 NGN (6.50 USD) |
Contact Lenses Cost  | 3,000 CVE (30 USD) | 3,000 NGN (3.90 USD) |
Haircuts  | 1,000 CVE (10 USD) | 1,500 NGN (1.95 USD) |
Hair Coloring  | 2,500 CVE (25 USD) | 3,000 NGN (3.90 USD) |
Shampoo Price  | 400 CVE (4 USD) | 500 NGN (0.65 USD) |
Toothpaste Price  | 200 CVE (2 USD) | 200 NGN (0.26 USD) |
If you lived in Cabo Verde, instead of Nigeria, you would have to pay 10.26 times more for Personal Care Items and Treatment.
Indicators | Cabo Verde | Nigeria |
|---|---|---|
Pair of Nike Running Shoes  | 20,000 CVE (200 USD) | 40,000 NGN (52 USD) |
Men's Shirt  | 4,000 CVE (40 USD) | 6,000 NGN (7.80 USD) |
Women's Dress  | 7,000 CVE (70 USD) | 12,000 NGN (15.60 USD) |
Summer Dress  | 5,000 CVE (50 USD) | 8,000 NGN (10.40 USD) |
Men's Suit  | 40,000 CVE (400 USD) | 30,000 NGN (39 USD) |
Men's Jeans  | 6,000 CVE (60 USD) | 10,000 NGN (13 USD) |
Women's Jeans  | 5,000 CVE (50 USD) | 8,000 NGN (10.40 USD) |
Men's Formal Shoes  | 12,000 CVE (120 USD) | 20,000 NGN (26 USD) |
Women's Formal Shoes  | 10,000 CVE (100 USD) | 20,000 NGN (26 USD) |
Men's Casual Shoes  | 8,000 CVE (80 USD) | 15,000 NGN (19.50 USD) |
Women's Casual Shoes  | 6,000 CVE (60 USD) | 12,000 NGN (15.60 USD) |
Underwear For Men  | 1,000 CVE (10 USD) | 1,000 NGN (1.30 USD) |
Underwear For Women  | 1,000 CVE (10 USD) | 1,500 NGN (1.95 USD) |
Socks For Men  | 400 CVE (4 USD) | 500 NGN (0.65 USD) |
Socks For Women  | 400 CVE (4 USD) | 500 NGN (0.65 USD) |
Wintercoat for Adults  | 15,000 CVE (150 USD) | 12,000 NGN (15.60 USD) |
Sportswear  | 8,000 CVE (80 USD) | 8,000 NGN (10.40 USD) |
If you lived in Cabo Verde, instead of Nigeria, you would have to pay 5.60 times more for Clothing and Footwear for Adults.
Indicators | Cabo Verde | Nigeria |
|---|---|---|
Children's Jeans  | 3,000 CVE (30 USD) | 4,000 NGN (5.20 USD) |
Children's Normal Sneakers  | 4,000 CVE (40 USD) | 6,000 NGN (7.80 USD) |
Children's Winter Coat  | 5,000 CVE (50 USD) | 8,000 NGN (10.40 USD) |
Daycare for Infant  | 40,000 CVE (400 USD) | 25,000 NGN (32.50 USD) |
Daycare for Toddler  | 35,000 CVE (350 USD) | 20,000 NGN (26 USD) |
Childcare for Sick Days  | 12,000 CVE (120 USD) | 4,000 NGN (5.20 USD) |
Early Childhood Education Programs  | 60,000 CVE (600 USD) | 20,000 NGN (26 USD) |
Extra Curricular Activities  | 20,000 CVE (200 USD) | 6,000 NGN (7.80 USD) |
Summer Camp for Kids  | 50,000 CVE (500 USD) | 20,000 NGN (26 USD) |
If you lived in Cabo Verde, instead of Nigeria, you would have to pay 15.59 times more for Childcare and kids clothing.
Indicators | Cabo Verde | Nigeria |
|---|---|---|
PreSchool Fees  | 30,000 CVE (300 USD) | 40,000 NGN (52 USD) |
Primary School Fees  | 50,000 CVE (500 USD) | 60,000 NGN (78 USD) |
Secondary School Fees  | 70,000 CVE (700 USD) | 70,000 NGN (91 USD) |
Private School Fees  | 150,000 CVE (1,500 USD) | 90,000 NGN (117 USD) |
University Tuition Fees  | 250,000 CVE (2,500 USD) | 120,000 NGN (156 USD) |
University Private Tuition Fees  | 400,000 CVE (4,000 USD) | 180,000 NGN (234 USD) |
After School Activities  | 20,000 CVE (200 USD) | 5,000 NGN (6.50 USD) |
Special Education Services  | 30,000 CVE (300 USD) | 30,000 NGN (39 USD) |
Tutoring  | 25,000 CVE (250 USD) | 3,000 NGN (3.90 USD) |
Textbooks Cost  | 15,000 CVE (150 USD) | 5,000 NGN (6.50 USD) |
School Supplies  | 8,000 CVE (80 USD) | 2,000 NGN (2.60 USD) |
If you lived in Cabo Verde, instead of Nigeria, you would have to pay 13.32 times more for school and education.
Indicators | Cabo Verde | Nigeria |
|---|---|---|
Movie Ticket (Single)  | 1,000 CVE (10 USD) | 1,500 NGN (1.95 USD) |
Theater Ticket (Single)  | 2,500 CVE (25 USD) | 2,000 NGN (2.60 USD) |
Concert Ticket (Single)  | 4,000 CVE (40 USD) | 3,000 NGN (3.90 USD) |
Sports Event Ticket (Single)  | 3,000 CVE (30 USD) | 2,500 NGN (3.25 USD) |
Gym Membership  | 5,000 CVE (50 USD) | 5,000 NGN (6.50 USD) |
Swimming Pool Access  | 4,000 CVE (40 USD) | 3,000 NGN (3.90 USD) |
Museum Entry Ticket  | 800 CVE (8 USD) | 1,000 NGN (1.30 USD) |
Zoo Entry Ticket  | 1,000 CVE (10 USD) | 1,500 NGN (1.95 USD) |
Amusement Park Entry Ticket  | 2,500 CVE (25 USD) | 2,000 NGN (2.60 USD) |
Bowling  | 1,500 CVE (15 USD) | 1,500 NGN (1.95 USD) |
Mini Golf  | 1,200 CVE (12 USD) | 1,500 NGN (1.95 USD) |
Video Games  | 7,000 CVE (70 USD) | 6,000 NGN (7.80 USD) |
Streaming Services  | 4,000 CVE (40 USD) | 2,000 NGN (2.60 USD) |
Outdoor Equipment Rental  | 1,500 CVE (15 USD) | 1,500 NGN (1.95 USD) |
Theme Park Annual Pass  | 20,000 CVE (200 USD) | 50,000 NGN (65 USD) |
If you lived in Cabo Verde, instead of Nigeria, you would have to pay 5.40 times more for entertainment, recreation and fun activities.
Indicators | Cabo Verde | Nigeria |
|---|---|---|
Language Classes  | 25,000 CVE (250 USD) | 25,000 NGN (32.50 USD) |
Parenting Classes  | 15,000 CVE (150 USD) | 15,000 NGN (19.50 USD) |
Art Classes  | 2,500 CVE (25 USD) | 3,000 NGN (3.90 USD) |
Fitness Classes  | 1,500 CVE (15 USD) | 2,000 NGN (2.60 USD) |
Music Lessons  | 3,000 CVE (30 USD) | 4,000 NGN (5.20 USD) |
Dance Lessons  | 3,000 CVE (30 USD) | 4,000 NGN (5.20 USD) |
Reading Materials for Classes  | 1,000 CVE (10 USD) | 1,000 NGN (1.30 USD) |
Educational Software  | 18,000 CVE (180 USD) | 15,000 NGN (19.50 USD) |
If you lived in Cabo Verde, instead of Nigeria, you would have to pay 7.69 times more for Private Classes.
Indicators | Cabo Verde | Nigeria |
|---|---|---|
Average Gross Monthly Salary  | 80,000 CVE (800 USD) | 200,000 NGN (260 USD) |
Average Net Monthly Salary  | 70,000 CVE (700 USD) | 120,000 NGN (156 USD) |
Minimum Wages  | 1,333.33 CVE per hour (13.33 USD) | 1,000 NGN per hour (1.30 USD) |
Average Bonus  | 20,000 CVE (200 USD) | 20,000 NGN (26 USD) |
Income Tax Rate  | 0 to 15 % | 0 to 7.5 % |
Social Security Contributions  | 10 % | 7 % |
Pension Contributions  | 8 % | 8 % |
Cost of Living Index  | 60 | 40 |
Median Household Income  | 150,000 CVE (1,500 USD) | 1,200,000 NGN (1,560 USD) |
If you lived in Cabo Verde, you would earn 1.60 times more salary as compared to Nigeria.
Indicators | Cabo Verde | Nigeria |
|---|---|---|
Legal Consultation Per Hour Rate  | 7,000 CVE (70 USD) | 5,000 NGN (6.50 USD) |
Accounting Services Per Hour Rate  | 5,000 CVE (50 USD) | 7,000 NGN (9.10 USD) |
IT Support Services Per Hour Rate  | 6,000 CVE (60 USD) | 7,000 NGN (9.10 USD) |
Technician Services Per Hour Rate  | 6,500 CVE (65 USD) | 6,000 NGN (7.80 USD) |
Professional Services cost 7.54 times more in Cabo Verde, as compared to Nigeria.
We hope you enjoyed the detailed guide on the cost of living comparsion between Cabo Verde and Nigeria.
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