Ibadan vs Madrid - Cost of Living Comparison

Updated:

Livingcost

Ibadan Madrid
🚶 Cost of living one person
$658
$2109
👨‍👩‍👧‍👦 Cost of living Family
$1440
$4833
🏠 One person rent
$363
$1251
🏘️ Family rent
$622
$2104
🍽️ Food expenses
$180
$517
🚐 Transport expenses
$85.1
$191
💳 Monthly salary after tax
$56.5
$2569
😷 Air quality
Moderate
Excellent
✈️ Airport proximity
8 km
10 km
🎓 Higher education
49
98
😀 Quality of life
38
91
🏙️ Population
2.56M
3.51M

The cost of living in Ibadan is 69% less expensive than in Madrid. Cities ranked 7566th and 1723rd ($658 vs $2109) in the list of the most expensive cities in the world and ranked 13th and 4th in Nigeria and Spain, respectively. Check Nigeria vs Spain comparison.

The average after-tax salary is enough to cover living expenses for 0.1 months in Ibadan compared to 1.2 months in Madrid. Ibadan ranked 2nd best city to live in Nigeria vs Madrid ranked 1st in Spain, while ranked 8113th and 160th among best cities to live in the world.

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the estimated difference in money purchasing power

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Prices in Ibadan vs Madrid

Prices for goods and services in Ibadan and Madrid are partly crowdsourced by our visitors, just like yourself. Please consider telling us about your city.

Ibadan Madrid
Eating Out
🍱 Lunch Menu
$1.77
$17.6
🥂 Dinner in a Restaurant, for 2
$29.7
$60.1
🥪 Fast food meal, equiv. McDonald's
$4.86
$13.1
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$0.65
$4.64
☕ Cappuccino
$0.86
$3.76
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$0.25
$3.27
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$343
$1411
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$332
$1035
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$624
$2589
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$579
$1735
🔌 Utility Bill one person, electricity, heating, water, etc.
$10.9
$108
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$16.8
$165
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$17.2
$33.4
🏦 Mortgage Interest Rate for 20 Years
18.09%
3.1%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$853
$9054
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$479
$4487
Transportation
🚌 Local transport ticket
$0.29
$1.75
🎟️ Monthly ticket local transport
$30.4
$42.5
🚕 Taxi Ride, 8 km or 5 mi
$8.27
$18.1
⛽ Gas / Petrol, 1 L or 0.26 gal
$0.53
$1.8
Groceries
🥛 Milk, 1 L or 1 qt
$1.99
$1.28
🍞 Bread, 0.5 kg or 1.1 lb
$1
$1.34
🍚 Rice, 1 kg or 2.2 lb
$1.24
$1.51
🥚 Eggs, x12
$1.54
$3.97
🧀 Cheese, 1 kg or 2.2 lb
$3.71
$17.3
🐔 Chicken Breast, 1 kg or 2.2 lb
$3.65
$8.98
🥩 Round Steak, 1 kg or 2.2 lb
$3.58
$17.7
🍏 Apples, 1 kg or 2.2 lb
$2.06
$3.06
🍌 Banana, 1 kg or 2.2 lb
$1.03
$2.39
🍊 Oranges, 1 kg or 2.2 lb
$1.02
$2.64
🍅 Tomato, 1 kg or 2.2 lb
$1.39
$2.88
🥔 Potato, 1 kg or 2.2 lb
$1.64
$2.22
🧅 Onion, 1 kg or 2.2 lb
$1.3
$2.27
🌊 Water, 1 L or 1 qt
$0.23
$0.67
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$0.87
$2.95
🍾 Wine (mid-priced), 750 mL bottle
$2.65
$8.81
🍺 Beer, 0.5 L or 16 fl oz
$0.57
$1.32
🚬 Cigarette pack
$1.46
$7.01
💊 Cold medicince, 1 week
$1.28
$11.7
🧴 Hair Shampoo
$0.78
$4.43
🧻 Toilet paper, 4 rolls
$0.58
$2.43
👄 Toothpaste, 1 tube
$0.64
$2.55
Other
🏋️ Gym Membership, 1 month
$25.3
$53.1
🎫 Cinema Ticket, 1 person
$2.24
$11.8
👩‍⚕️ Doctor's visit
$5.51
$68.9
💇 Haircut, simple
$2.24
$17.4
👖 Brand Jeans
$15.7
$99.3
👟 Brand Sneakers
$37
$114
👶 Daycare or Preschool, 1 month
$41.8
$729
🏫 International Primary School, 1 year
$1576
$16324

Cost of living in other countries

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Cost of Living in the nearest cities

Cities near Ibadan

Distance City Cost of living
49 km or 30 mi Oyo
$639
68 km or 42 mi Abeokuta
$995
72 km or 45 mi Ife
$670
83 km or 51 mi Osogbo
$575
120 km or 74 mi Lagos
$946
141 km or 88 mi Ilorin
$518
142 km or 88 mi Akure
$488
145 km or 90 mi Ado Ekiti
$597
173 km or 107 mi Save
$654
176 km or 109 mi Porto-Novo
$768
185 km or 115 mi Owo
$531
201 km or 125 mi Cotonou
$830
214 km or 133 mi Abomey
$596
223 km or 138 mi Benin
$627
291 km or 181 mi Warri
$786
308 km or 191 mi Atakpame
$657
329 km or 204 mi Lome
$759
345 km or 214 mi Onitsha
$795
348 km or 216 mi Sotouboua
$656
354 km or 220 mi Sokode
$656
367 km or 228 mi Kpalime
$665
372 km or 231 mi Awka
$693
381 km or 237 mi Hohoe
$727
381 km or 237 mi Minna
$692
384 km or 238 mi Kara
$661
390 km or 242 mi Ho
$500
405 km or 252 mi Owerri
$1364
409 km or 254 mi Enugu
$564
434 km or 270 mi Abuja
$1375
445 km or 277 mi Umuahia
$773
450 km or 280 mi Port Harcourt
$559
458 km or 285 mi Aba
$591
475 km or 295 mi Tema
$583
476 km or 295 mi Ashaiman
$697
484 km or 301 mi Koforidua
$762
495 km or 308 mi Accra
$927
520 km or 323 mi Kaduna
$323
558 km or 347 mi Calabar
$373
570 km or 354 mi Tamale
$666
582 km or 362 mi Zaria
$517

Cities near Madrid

Distance City Cost of living
11 km or 6.6 mi Pozuelo de Alarcon
$1899
11 km or 6.7 mi Coslada
$1721
14 km or 8.5 mi Alcobendas
$1708
18 km or 11 mi Mostoles
$1716
18 km or 11 mi Fuenlabrada
$1603
18 km or 11 mi Torrejon de Ardoz
$1643
21 km or 13 mi Tres Cantos
$1667
29 km or 18 mi Alcala de Henares
$1678
50 km or 31 mi Guadalajara
$1200
68 km or 42 mi Toledo
$1320
69 km or 43 mi Segovia
$1360
138 km or 86 mi Cuenca
$1246
155 km or 97 mi Laguna de Duero
$1396
158 km or 98 mi Villarrobledo
$1397
162 km or 101 mi Valladolid
$1415
177 km or 110 mi Salamanca
$1191
196 km or 122 mi Puertollano
$896
208 km or 129 mi Plasencia
$1267
211 km or 131 mi Zamora
$1373
215 km or 133 mi Burgos
$1242
223 km or 139 mi Albacete
$1303
242 km or 150 mi Villanueva de la Serena
$1325
244 km or 151 mi Requena
$1421
250 km or 156 mi Logrono
$1115
251 km or 156 mi Caceres
$1187
253 km or 157 mi Tudela
$1424
258 km or 160 mi Linares
$1395
269 km or 167 mi Ubeda
$1499
272 km or 169 mi Zaragoza
$1436
281 km or 175 mi Merida
$1276
283 km or 176 mi Vitoria-Gasteiz
$1697
288 km or 179 mi Leon
$1265
295 km or 183 mi Jaen
$1125
296 km or 184 mi Jumilla
$1316
297 km or 184 mi Cordoba
$1291
298 km or 185 mi Yecla
$1203
299 km or 186 mi Braganca
$935
301 km or 187 mi Martos
$1390
302 km or 187 mi Caravaca de la Cruz
$1351
302 km or 188 mi Valencia
$1812