Published: Monday, 21th October 2024
The cost of living in Maldives is 1.82 times less expensive as compared to Cabo Verde.
On this page, you will find side-by-side cost comparison between Maldives and Cabo Verde. 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 Maldives and Cabo Verde.
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 Indicators  | Maldives  | Cabo Verde  |
|---|---|---|
1 BHK Apartment in City Center  | 10,000 MVR (650 USD) | 50,000 CVE (500 USD) |
2 BHK Apartment in City Center  | 20,000 MVR (1,300 USD) | 80,000 CVE (800 USD) |
3 BHK Apartment in City Center  | 30,000 MVR (1,950 USD) | 120,000 CVE (1,200 USD) |
1 BHK Apartment outside City Center  | 6,000 MVR (390 USD) | 30,000 CVE (300 USD) |
2 BHK Apartment outside City Center  | 12,000 MVR (780 USD) | 50,000 CVE (500 USD) |
3 BHK Apartment outside City Center  | 18,000 MVR (1,170 USD) | 80,000 CVE (800 USD) |
Mortgage Rates Per Month  | 12 % | 5 % |
Realtor Commission  | 2 % | 3 % |
Property Taxes  | Yet to Update | 0.25 to 0.5 % |
The average housing cost in Maldives is 1.53 times more expensive than Cabo Verde.
Indicators | Maldives | Cabo Verde |
|---|---|---|
Basic Home Furnishing  | 20,000 MVR (1,300 USD) | 30,000 CVE (300 USD) |
Electricity Cost Per Month  | 800 MVR (52 USD) | 7,000 CVE (70 USD) |
Heating Cost Per Month  | 300 MVR (19.50 USD) | 6,000 CVE (60 USD) |
Cooling Cost Per Month  | 250 MVR (16.25 USD) | 5,000 CVE (50 USD) |
Water Supply Cost Per Month  | 300 MVR (19.50 USD) | 5,000 CVE (50 USD) |
If you lived in Maldives, instead of Cabo Verde, you would have to pay 165.52% more for Utilities.
The basic home furnishing in Maldives costs 4.33 times more compared to Cabo Verde.
Indicators | Maldives | Cabo Verde |
|---|---|---|
Standard Wifi Cost Per Month  | 300 MVR (19.50 USD) | 8,000 CVE (80 USD) |
Mobile Phone Basic Plan Cost Per Month  | 200 MVR (13 USD) | 3,500 CVE (35 USD) |
Landline Basic Plan Cost Per Month  | 100 MVR (6.50 USD) | 4,000 CVE (40 USD) |
Cable TV Basic Plan Cost Per Month  | 300 MVR (19.50 USD) | 6,000 CVE (60 USD) |
The internet and communication costs 72.79% less in Maldives compared to Cabo Verde.
Indicators | Maldives | Cabo Verde |
|---|---|---|
Long Grain Rice (1 KG)  | 20 MVR (1.30 USD) | 1,800 CVE (18 USD) |
Milk (1 Liter)  | 15 MVR (0.98 USD) | 1,000 CVE (10 USD) |
Water (1 Liter)  | 2 MVR (0.13 USD) | 300 CVE (3 USD) |
Bread (500 gm)  | 10 MVR (0.65 USD) | 400 CVE (4 USD) |
Eggs (1 Dozen)  | 25 MVR (1.63 USD) | 1,200 CVE (12 USD) |
Cheese (1 KG)  | 60 MVR (3.90 USD) | 2,500 CVE (25 USD) |
Chicken Breast (1 KG)  | 50 MVR (3.25 USD) | 2,000 CVE (20 USD) |
In Maldives, the cost of 1 Liter Water and 1 Liter Milk is 11.76 times less expensive than the cost in Cabo Verde.
If you lived in Maldives, instead of Cabo Verde, you would have to pay 87.14% less for Groceries.
Indicators | Maldives | Cabo Verde |
|---|---|---|
Apples (1 KG)  | 25 MVR (1.63 USD) | 1,200 CVE (12 USD) |
Bananas (1 KG)  | 15 MVR (0.98 USD) | 700 CVE (7 USD) |
Oranges (1 KG)  | 20 MVR (1.30 USD) | 900 CVE (9 USD) |
Tomatoes (1 KG)  | 15 MVR (0.98 USD) | 800 CVE (8 USD) |
Potatoes (1 KG)  | 10 MVR (0.65 USD) | 600 CVE (6 USD) |
Lemons (1 KG)  | 25 MVR (1.63 USD) | 1,200 CVE (12 USD) |
Onions (1 KG)  | 15 MVR (0.98 USD) | 700 CVE (7 USD) |
Lentils (1 KG)  | 20 MVR (1.30 USD) | 1,900 CVE (19 USD) |
If you lived in Maldives, instead of Cabo Verde, you would have to pay 8.49 times less for Fruits and Vegetables.
Indicators | Maldives | Cabo Verde |
|---|---|---|
Meal at a Resonable Restaurant  | 60 MVR (3.90 USD) | 2,500 CVE (25 USD) |
Three-Course Meal for Two  | 200 MVR (13 USD) | 7,000 CVE (70 USD) |
Fast Food Combo Meal  | 50 MVR (3.25 USD) | 1,500 CVE (15 USD) |
Normal Coffee  | 25 MVR (1.63 USD) | 300 CVE (3 USD) |
Soft Drink  | 10 MVR (0.65 USD) | 200 CVE (2 USD) |
Pizza for One  | 80 MVR (5.20 USD) | 2,500 CVE (25 USD) |
Take-Out Delivery Meal  | 80 MVR (5.20 USD) | 2,000 CVE (20 USD) |
Cigarette Pack of 20  | 50 MVR (3.25 USD) | 800 CVE (8 USD) |
Dining-Out costs 78.53% less in Maldives compared to Cabo Verde.
Indicators | Maldives | Cabo Verde |
|---|---|---|
Wine Mid-Range Bottle  | 150 MVR (9.75 USD) | 3,000 CVE (30 USD) |
Glass of Wine  | 50 MVR (3.25 USD) | 1,000 CVE (10 USD) |
Domestic Beer Half Liter  | 20 MVR (1.30 USD) | 500 CVE (5 USD) |
Imported Beer Half Liter  | 40 MVR (2.60 USD) | 700 CVE (7 USD) |
Domestic Alcohol 1 Liter  | 100 MVR (6.50 USD) | 2,000 CVE (20 USD) |
Branded Alcohol 1 Liter  | 200 MVR (13 USD) | 3,500 CVE (35 USD) |
If you lived in Maldives, instead of Cabo Verde, you would have to pay 2.94 times less for usual hard drinks.
Indicators | Maldives | Cabo Verde |
|---|---|---|
Monthly Public Transportation Pass  | 300 MVR (19.50 USD) | 5,000 CVE (50 USD) |
Single Public Transportation Ticket  | 10 MVR (0.65 USD) | 150 CVE (1.50 USD) |
Single Train Ticket  | Yet to Update () | Yet to Update () |
Domestic Airplane Ticket  | 1,500 MVR (97.50 USD) | 15,000 CVE (150 USD) |
Taxi Start Fare  | 30 MVR (1.95 USD) | 300 CVE (3 USD) |
Taxi Rate Per Kilometer  | 10 MVR (0.65 USD) | 200 CVE (2 USD) |
Car Rental Per Day  | 200 MVR (13 USD) | 10,000 CVE (100 USD) |
Parking Fees in City Center Per Hour  | 20 MVR (1.30 USD) | 200 CVE (2 USD) |
Parking Fees outside City Center Per Hour  | 10 MVR (0.65 USD) | 100 CVE (1 USD) |
If you lived in Maldives, instead of Cabo Verde, you would have to pay 2.29 times less for transportation.
Indicators | Maldives | Cabo Verde |
|---|---|---|
Reasonable Vehicle Purchase Cost  | 100,000 MVR (6,500 USD) | 3,000,000 CVE (30,000 USD) |
Vehicle Registration Cost  | 1,000 MVR (65 USD) | 30,000 CVE (300 USD) |
Driving License Fees  | 500 MVR (32.50 USD) | 10,000 CVE (100 USD) |
Car Insurance Cost  | 5,000 MVR (325 USD) | 50,000 CVE (500 USD) |
Car Maintenance Cost  | 3,000 MVR (195 USD) | 20,000 CVE (200 USD) |
Car Loan Interest Rates  | 6 % | 6 % |
Fuel Per Liter  | 20 MVR (1.30 USD) | 150 CVE (1.50 USD) |
Fuel Per Gallon  | 80 MVR (5.20 USD) | 600 CVE (6 USD) |
Average Toll Fees  | Yet to Update | Yet to Update |
You would have to pay 4.37 times less for Vehicle purchase, daily operation and maintenance in Maldives compared to that of Cabo Verde.
Indicators | Maldives | Cabo Verde |
|---|---|---|
Doctor Visit  | 300 MVR (19.50 USD) | 2,500 CVE (25 USD) |
Specialist Visit  | 500 MVR (32.50 USD) | 5,000 CVE (50 USD) |
Dentist Visit  | 400 MVR (26 USD) | 4,000 CVE (40 USD) |
Eye Exam  | 200 MVR (13 USD) | 2,000 CVE (20 USD) |
Mental Health Counseling  | 500 MVR (32.50 USD) | 5,000 CVE (50 USD) |
Preventive Health Screening  | 400 MVR (26 USD) | 3,000 CVE (30 USD) |
Physical Therapy  | 500 MVR (32.50 USD) | 3,000 CVE (30 USD) |
Emergency Room Visit  | 1,000 MVR (65 USD) | 5,000 CVE (50 USD) |
Hospital Stay Per Night  | 2,000 MVR (130 USD) | 10,000 CVE (100 USD) |
Vaccinations  | 300 MVR (19.50 USD) | 2,000 CVE (20 USD) |
Prescription Medication  | 150 MVR (9.75 USD) | 1,000 CVE (10 USD) |
Over the Counter Medication  | 50 MVR (3.25 USD) | 600 CVE (6 USD) |
Health Insurance Premiums  | 800 MVR (52 USD) | 20,000 CVE (200 USD) |
Health Insurance Deductibles  | 300 MVR (19.50 USD) | 10,000 CVE (100 USD) |
If you lived in Maldives, instead of Cabo Verde, you would have to pay 1.52 times less for Health and Medical Treatment.
Indicators | Maldives | Cabo Verde |
|---|---|---|
Cosmetic Procedures  | 2,000 MVR (130 USD) | 15,000 CVE (150 USD) |
Spa Treatment  | 500 MVR (32.50 USD) | 8,000 CVE (80 USD) |
Manicure Pedicure Cost  | 150 MVR (9.75 USD) | 2,500 CVE (25 USD) |
Optical Glasses Cost  | 800 MVR (52 USD) | 5,000 CVE (50 USD) |
Contact Lenses Cost  | 300 MVR (19.50 USD) | 3,000 CVE (30 USD) |
Haircuts  | 100 MVR (6.50 USD) | 1,000 CVE (10 USD) |
Hair Coloring  | 400 MVR (26 USD) | 2,500 CVE (25 USD) |
Shampoo Price  | 30 MVR (1.95 USD) | 400 CVE (4 USD) |
Toothpaste Price  | 15 MVR (0.98 USD) | 200 CVE (2 USD) |
If you lived in Maldives, instead of Cabo Verde, you would have to pay 1.35 times less for Personal Care Items and Treatment.
Indicators | Maldives | Cabo Verde |
|---|---|---|
Pair of Nike Running Shoes  | 800 MVR (52 USD) | 20,000 CVE (200 USD) |
Men's Shirt  | 200 MVR (13 USD) | 4,000 CVE (40 USD) |
Women's Dress  | 400 MVR (26 USD) | 7,000 CVE (70 USD) |
Summer Dress  | 300 MVR (19.50 USD) | 5,000 CVE (50 USD) |
Men's Suit  | 1,000 MVR (65 USD) | 40,000 CVE (400 USD) |
Men's Jeans  | 400 MVR (26 USD) | 6,000 CVE (60 USD) |
Women's Jeans  | 400 MVR (26 USD) | 5,000 CVE (50 USD) |
Men's Formal Shoes  | 400 MVR (26 USD) | 12,000 CVE (120 USD) |
Women's Formal Shoes  | 400 MVR (26 USD) | 10,000 CVE (100 USD) |
Men's Casual Shoes  | 300 MVR (19.50 USD) | 8,000 CVE (80 USD) |
Women's Casual Shoes  | 300 MVR (19.50 USD) | 6,000 CVE (60 USD) |
Underwear For Men  | 50 MVR (3.25 USD) | 1,000 CVE (10 USD) |
Underwear For Women  | 60 MVR (3.90 USD) | 1,000 CVE (10 USD) |
Socks For Men  | 20 MVR (1.30 USD) | 400 CVE (4 USD) |
Socks For Women  | 20 MVR (1.30 USD) | 400 CVE (4 USD) |
Wintercoat for Adults  | 800 MVR (52 USD) | 15,000 CVE (150 USD) |
Sportswear  | 400 MVR (26 USD) | 8,000 CVE (80 USD) |
If you lived in Maldives, instead of Cabo Verde, you would have to pay 3.66 times less for Clothing and Footwear for Adults.
Indicators | Maldives | Cabo Verde |
|---|---|---|
Children's Jeans  | 200 MVR (13 USD) | 3,000 CVE (30 USD) |
Children's Normal Sneakers  | 300 MVR (19.50 USD) | 4,000 CVE (40 USD) |
Children's Winter Coat  | 400 MVR (26 USD) | 5,000 CVE (50 USD) |
Daycare for Infant  | 2,000 MVR (130 USD) | 40,000 CVE (400 USD) |
Daycare for Toddler  | 1,800 MVR (117 USD) | 35,000 CVE (350 USD) |
Childcare for Sick Days  | 800 MVR (52 USD) | 12,000 CVE (120 USD) |
Early Childhood Education Programs  | 1,500 MVR (97.50 USD) | 60,000 CVE (600 USD) |
Extra Curricular Activities  | 1,500 MVR (97.50 USD) | 20,000 CVE (200 USD) |
Summer Camp for Kids  | 3,000 MVR (195 USD) | 50,000 CVE (500 USD) |
If you lived in Maldives, instead of Cabo Verde, you would have to pay 3.06 times less for Childcare and kids clothing.
Indicators | Maldives | Cabo Verde |
|---|---|---|
PreSchool Fees  | 3,000 MVR (195 USD) | 30,000 CVE (300 USD) |
Primary School Fees  | 6,000 MVR (390 USD) | 50,000 CVE (500 USD) |
Secondary School Fees  | 10,000 MVR (650 USD) | 70,000 CVE (700 USD) |
Private School Fees  | 15,000 MVR (975 USD) | 150,000 CVE (1,500 USD) |
University Tuition Fees  | 50,000 MVR (3,250 USD) | 250,000 CVE (2,500 USD) |
University Private Tuition Fees  | 80,000 MVR (5,200 USD) | 400,000 CVE (4,000 USD) |
After School Activities  | 1,500 MVR (97.50 USD) | 20,000 CVE (200 USD) |
Special Education Services  | 2,000 MVR (130 USD) | 30,000 CVE (300 USD) |
Tutoring  | 800 MVR (52 USD) | 25,000 CVE (250 USD) |
Textbooks Cost  | 500 MVR (32.50 USD) | 15,000 CVE (150 USD) |
School Supplies  | 300 MVR (19.50 USD) | 8,000 CVE (80 USD) |
If you lived in Maldives, instead of Cabo Verde, you would have to pay 1.05 times more for school and education.
Indicators | Maldives | Cabo Verde |
|---|---|---|
Movie Ticket (Single)  | 150 MVR (9.75 USD) | 1,000 CVE (10 USD) |
Theater Ticket (Single)  | 250 MVR (16.25 USD) | 2,500 CVE (25 USD) |
Concert Ticket (Single)  | 300 MVR (19.50 USD) | 4,000 CVE (40 USD) |
Sports Event Ticket (Single)  | 500 MVR (32.50 USD) | 3,000 CVE (30 USD) |
Gym Membership  | 300 MVR (19.50 USD) | 5,000 CVE (50 USD) |
Swimming Pool Access  | 200 MVR (13 USD) | 4,000 CVE (40 USD) |
Museum Entry Ticket  | 50 MVR (3.25 USD) | 800 CVE (8 USD) |
Zoo Entry Ticket  | 100 MVR (6.50 USD) | 1,000 CVE (10 USD) |
Amusement Park Entry Ticket  | 200 MVR (13 USD) | 2,500 CVE (25 USD) |
Bowling  | 80 MVR (5.20 USD) | 1,500 CVE (15 USD) |
Mini Golf  | 60 MVR (3.90 USD) | 1,200 CVE (12 USD) |
Video Games  | 500 MVR (32.50 USD) | 7,000 CVE (70 USD) |
Streaming Services  | 100 MVR (6.50 USD) | 4,000 CVE (40 USD) |
Outdoor Equipment Rental  | 100 MVR (6.50 USD) | 1,500 CVE (15 USD) |
Theme Park Annual Pass  | 2,000 MVR (130 USD) | 20,000 CVE (200 USD) |
If you lived in Maldives, instead of Cabo Verde, you would have to pay 1.86 times less for entertainment, recreation and fun activities.
Indicators | Maldives | Cabo Verde |
|---|---|---|
Language Classes  | 1,200 MVR (78 USD) | 25,000 CVE (250 USD) |
Parenting Classes  | 800 MVR (52 USD) | 15,000 CVE (150 USD) |
Art Classes  | 400 MVR (26 USD) | 2,500 CVE (25 USD) |
Fitness Classes  | 150 MVR (9.75 USD) | 1,500 CVE (15 USD) |
Music Lessons  | 300 MVR (19.50 USD) | 3,000 CVE (30 USD) |
Dance Lessons  | 300 MVR (19.50 USD) | 3,000 CVE (30 USD) |
Reading Materials for Classes  | 100 MVR (6.50 USD) | 1,000 CVE (10 USD) |
Educational Software  | 1,000 MVR (65 USD) | 18,000 CVE (180 USD) |
If you lived in Maldives, instead of Cabo Verde, you would have to pay 2.50 times less for Private Classes.
Indicators | Maldives | Cabo Verde |
|---|---|---|
Average Gross Monthly Salary  | 15,000 MVR (975 USD) | 80,000 CVE (800 USD) |
Average Net Monthly Salary  | 12,000 MVR (780 USD) | 70,000 CVE (700 USD) |
Minimum Wages  | 133.33 MVR per hour (8.67 USD) | 1,333.33 CVE per hour (13.33 USD) |
Average Bonus  | 1,000 MVR (65 USD) | 20,000 CVE (200 USD) |
Income Tax Rate  | 0 to 6 % | 0 to 15 % |
Social Security Contributions  | 8 % | 10 % |
Pension Contributions  | 5 % | 8 % |
Cost of Living Index  | 70 | 60 |
Median Household Income  | 10,000 MVR (650 USD) | 150,000 CVE (1,500 USD) |
If you lived in Maldives, you would earn 1.30 times less salary as compared to Cabo Verde.
Indicators | Maldives | Cabo Verde |
|---|---|---|
Legal Consultation Per Hour Rate  | 800 MVR (52 USD) | 7,000 CVE (70 USD) |
Accounting Services Per Hour Rate  | 600 MVR (39 USD) | 5,000 CVE (50 USD) |
IT Support Services Per Hour Rate  | 500 MVR (32.50 USD) | 6,000 CVE (60 USD) |
Technician Services Per Hour Rate  | 600 MVR (39 USD) | 6,500 CVE (65 USD) |
Professional Services cost 1.51 times less in Maldives, as compared to Cabo Verde.
We hope you enjoyed the detailed guide on the cost of living comparsion between Maldives and Cabo Verde.
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