Cost of Living in Cape Verde 2026 — Rent, Food, Tax & BudgetAll figures are shown in EUR for comparability. The local currency of Cape Verde is the Cape Verdean escudo (CVE).
Monthly Living Costs in Cape Verde
Average prices from our cost dataset, re-checked on a rolling basis:
1BR Rent
per month, city average
3BR Rent
per month, city average
Groceries
per month, single person
Transport
per month, public transit pass
Utilities
per month, basic apartment
Meal Out
typical price per meal
Monthly budget (single person): €690 (1-bedroom rent + groceries + transport + utilities)
Monthly budget (couple): €905 (shared 1-bedroom rent, two of everything else)
These are national averages — actual costs vary by city and lifestyle.
How Expensive Is Cape Verde Overall?
| Indicator | Value |
|---|---|
| Cost-of-living index (market data; higher = more expensive) | 33.9 |
| Rent index | 8.8 |
| Groceries index | 57.2 |
| Restaurant price index | 35.6 |
| Local purchasing-power index (higher = stronger) | 21.3 |
| Price level index (World Bank, 2024; US = 100) | 46.4 |
Taxes in Cape Verde
Headline tax figures that shape your take-home pay:
| Tax | Rate / amount |
|---|---|
| Effective income tax at €90k gross | 13.1% |
| Net monthly pay at €90k gross | €5,790 |
| VAT / sales tax | 15% |
| Top personal income-tax rate | 13% |
Worked example: on a €90,000 gross salary, net pay is about €5,790 per month. After rent and essentials (€690), roughly €5,100 per month is left for savings and discretionary spending.
How Cape Verde Compares to Its Neighbours
| Country | 1BR Rent | Groceries | Transport | Cost index |
|---|---|---|---|---|
| Cape Verde | €380 | €180 | €35 | 33.9 |
| Nigeria | €250 | €85 | €35 | 26.5 |
| Ghana | €280 | €95 | €18 | 40.9 |
| Ivory Coast | €180 | €45 | €25 | 40.5 |
Quality of Life Metrics
Beyond cost, these factors shape everyday life in Cape Verde:
Safety index
Healthcare index
Internet speed
English proficiency
Life expectancy
Expat satisfaction
What It Costs to Get In: Visas & Residence
We track 18 residence and visa routes for Cape Verde — see the full Cape Verde visa programme list.
Our engine estimates a minimum financial viability of €690 per month to sustain a move to Cape Verde.
Frequently Asked Questions
Is Cape Verde expensive?
Cape Verde has a cost-of-living index of 33.9 (higher = more expensive). A 1-bedroom apartment averages €380 per month and a single person spends about €690 per month on rent plus essentials.
How much money do I need per month in Cape Verde?
About €690 per month covers rent and essentials for a single person (1-bedroom rent + groceries + transport + utilities). A couple sharing a 1-bedroom apartment needs about €905 per month.
What is the average rent in Cape Verde?
A 1-bedroom apartment averages €380 per month and a 3-bedroom apartment averages €650 per month in Cape Verde. Prices vary significantly between city centres and smaller towns.
Ready for the next step? See the Cape Verde emigration guide.
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