Cost of living and prices in Cape Verde, prices of food, rent, shopping, etc 🇨🇻 Updated Jul 2023

Cape Verde, located in Western Africa, is a beautiful country spanning over an area of 4,033 square kilometres with a population of 508,659 people. With a population density of 126.12 people per square kilometre, Cape Verde offers a peaceful and comfortable living. Portuguese is the official language of the country.

Cape Verde’s GDP stands at $1,955,000,000 with a GDP per capita of $3843. The locals use the Cape Verdean escudo as the currency for transactions. With affordable living conditions, beautiful scenery, and a welcoming population, Cape Verde is a favorable destination to settle in Africa. Cape Verde maintains relations with various border countries that offer opportunities for tourists and locals alike. Here are some of those neighbouring countries:

The country has a thriving tourism industry, allowing visitors to explore and enjoy the native culture and beautiful beaches. The affordable cost of living, combined with the pleasant climate, makes Cape Verde a highly recommended destination for expats and digital nomads. With easy access to other African countries and the rest of the world, Cape Verde offers a great location to settle and prosper in life.

Cost of Living Estimate in Cape Verde

Total cost of living in Cape Verde for two person with average consumption for one month will be 802.33 USD, no rent price included. Click here to calculate cost-of-living estimate in Cape Verde

You can calculate cost of living in Cape Verde by changing quantity using input near each good or service. Resulting total will appear in a floating box in the bottom of your screen.

Restaurants prices

If you are planning a trip to Cape Verde, you are in for a culinary treat! The country's cuisine is heavily influenced by Portuguese, African, and Brazilian flavors, resulting in a unique blend of spices and ingredients. Seafood is abundant, with grilled tuna and swordfish being particularly popular. Don't miss out on the national dish, cachupa, a hearty stew made with beans, meat or fish, and vegetables. Vegetarians will find plenty of options too, with dishes featuring local produce like sweet potatoes, corn, and beans. Many restaurants also offer international cuisine, such as Italian and Chinese. Whether you're looking for a quick snack from street food vendors or a fine dining experience in a fancy restaurant, Cape Verde has something for everyone.

One dining experience you shouldn't miss in Cape Verde is a beachside barbecue. Many restaurants in coastal towns grill fresh seafood right on the sand, providing a picturesque backdrop as you enjoy your meal. It's a perfect opportunity to try local delicacies like lobster and octopus. For a more authentic dining experience, visit a churrascaria (Brazilian-style steakhouse) and try different cuts of meat cooked on skewers. Cape Verde also has a vibrant cafe culture, with coffee shops and bakeries serving up sweet treats like pastel de nata (Portuguese custard tart) and bolo de coco (coconut cake). Whether you're a foodie or just looking for a satisfying meal, eating out in Cape Verde is an adventure for your taste buds.

Meal in Inexpensive Restaurant
7.53 $
Meal for 2 People, Mid-range Restaurant, Three-course
26.92 $
McMeal at McDonalds or Alternative Combo Meal
3.23 $
Domestic Beer, 0.5 liter Draught
1.62 $
Imported Beer, 0.33 liter Bottle
1.72 $
1.06 $
Coca-Cola, 0.33 liter Bottle
1.14 $

Markets prices

Market prices in Cape Verde vary depending on the season and availability of goods. The island nation relies heavily on imports, which affects the prices of goods sold on the local market. During the peak tourist season, prices tend to be higher due to the increased demand for goods and services. However, off-season prices may be lower as there is less demand from tourists, and vendors may lower their prices to attract local customers.

The local market in Cape Verde offers a range of goods, including fresh produce, seafood, and handicrafts. Shopping at the local markets can be an enriching experience as it allows visitors to interact with the local community and understand the culture. Additionally, bargaining at the market is the norm, and visitors can usually negotiate a fair price for their purchases. Overall, market prices in Cape Verde may fluctuate, but they offer a unique shopping experience that is worth exploring.

Water, 0.33 liter Bottle
0.53 $
Milk, Regular,1 liter
0.90 $
Loaf of Fresh White Bread, 0.5 kg
0.80 $
White Rice, 1 kg
1.01 $
Eggs, 12 pack
2.15 $
Local Cheese, 1 kg
12.92 $
Chicken Breasts, Boneless and Skinless, 1 kg
3.23 $
Beef Round or Equivalent Back Leg Red Meat, 1 kg
7.89 $
Apples, 1 kg
3.77 $
Banana, 1 kg
1.88 $
Oranges, 1 kg
3.66 $
Tomato, 1 kg
2.98 $
Potato, 1 kg
1.87 $
Onion, 1 kg
1.32 $
Lettuce, 1 head
0.97 $
Water, 1.5 liter Bottle
0.97 $
Bottle of Wine, Mid-Range Price
5.65 $
Domestic Beer, 0.5 liter Bottle
1.48 $
Imported Beer, 0.33 liter Bottle
1.23 $
Pack of Cigarettes
3.23 $

Transportation prices

When it comes to transportation options in Cape Verde, you will be pleasantly surprised at the diverse range of choices. If you want to explore the local culture or take in some beautiful scenery, a ride on one of the country's unique "aluguers" or shared taxis is an excellent way to get around. These bright, painted vehicles usually travel along set routes but can often be flagged down for impromptu sightseeing trips. Alternatively, car rentals and private taxis offer more flexibility and are ideal if you want to venture out on your schedule. To get between the islands, domestic airlines provide reliable inter-island flights, and ferries are also available, making it easy to island-hop and experience different aspects of Cape Verde's diverse culture and landscape.

If you enjoy a more leisurely pace, traveling by boat is an excellent way to take in the stunning scenery that Cape Verde has to offer. A boat tour or private charter is a great way to explore the country's rich marine life, and there are plenty of options available for both short and long trips. You can visit remote islands or the hidden coves and bays along the shoreline, allowing you to capture unique views of Cape Verde's natural beauty. Finally, motorbikes and bicycles are great choices for those who want to explore the islands at a leisurely pace. The quiet roads and stunning landscapes make Cape Verde the perfect destination for an adventurous road trip or two-wheeled escape.

One-way Ticket, Local Transport
0.42 $
Monthly Pass, Regular Price
21.52 $
Taxi Start, Normal Tariff
1.62 $
Taxi, price for 1 km, Normal Tariff
0.97 $
Taxi, price for 1 hour Waiting, Normal Tariff
6.45 $
Gasoline, 1 liter
1.11 $
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
24,221.65 $
Honda Civic 1.6 Or Alternative New Car
23,683.39 $

Utilities Per Month prices

When traveling to Cape Verde, it's important to be aware of the typical utilities costs you may encounter. One thing to keep in mind is that electricity and water can be quite expensive in this region compared to other destinations. This is due to the country's location and lack of natural resources. While some hotels and resorts may include these costs in their rates, budget travelers may need to allocate extra funds for utilities expenses during their stay.

Another factor to consider when it comes to utilities in Cape Verde is the use of renewable energy sources. As a small archipelago with limited resources, the country has been investing in sustainable energy solutions, such as wind and solar power. As a result, you may notice that some accommodations and businesses have adopted these practices to reduce their energy costs and carbon footprint. Visitors interested in supporting eco-friendly travel can seek out these options, which may also offer unique and innovative experiences.

Basic utilities for 85m2 Apartment including Electricity, Heating or Cooling, Water and Garbage
60.90 $
Prepaid Mobile Tariff Local, price per 1 min, No Discounts or Plans
0.16 $
Internet, 60 Mbps or More, Unlimited Data, Cable/ADSL
81.81 $

Sports And Leisure prices

If you're a sports enthusiast or someone who enjoys a good adventure, Cape Verde is the perfect destination for you. With its pristine beaches and clear waters, water sports such as windsurfing, kiteboarding, and sailing are some of the most popular water-based activities available. You can also try your hand at fishing for big game in the deep sea or test your skills in fly-fishing for bonefish or tarpon in the shallow waters. For those who seek a more laid-back activity, Cape Verde offers golf courses set against the backdrop of stunning landscapes. The courses' design takes advantage of the natural terrain, and the ocean breeze makes it the perfect condition for a round or two.

Leisure activities in Cape Verde are abundant. Relaxing on the beach while enjoying the beautiful scenery is a must. However, you can also go hiking in the magnificent valleys or experience the natural beauty of Cape Verde's rugged landscapes. There's also the opportunity to get involved in cultural activities such as traditional dance or music events. Food lovers can indulge in local cuisine, which is a fusion of African and Portuguese dishes. With seafood being a staple, it is a must-try, and with the abundance of fresh produce on the islands, you'll have plenty to choose from.

Fitness Club, Monthly Fee for 1 Adult
26.92 $
Tennis Court Rent, 1 Hour on Weekend
4.85 $

Salaries And Financing prices

Salaries and financing in Cape Verde can vary depending on the industry and job. The average salary in Cape Verde is considerably lower than in most Western countries, so it is important to budget accordingly when traveling there. However, the cost of living can also be lower in Cape Verde, so this may balance out the lower salaries. It is also important to note that tourism is a significant industry in Cape Verde, so job opportunities may be available in this sector.

As a traveler, it is important to have secure financing for your trip to Cape Verde. While credit cards are accepted in some businesses, cash is still widely used. It is recommended to bring cash in the form of the local currency, the Cape Verdean Escudo, or to exchange money at a bank or foreign exchange office. Travelers should also be aware of the potential for scams and should take measures to keep their money safe while traveling in Cape Verde.

Cinema ticket, 1 Seat
4.30 $
Average Monthly Net Salary, After Tax
296.04 $
Mortgage Interest Rate in Percentages for 20 Years Fixed-Rate, Yearly, Fixed-Rate
0 %

Childcare prices

Childcare prices in Cape Verde vary depending on the type of care and location. Schools and kindergartens offer different levels of care and services, such as meals and transportation, which affect the overall cost. However, the government has implemented programs to provide financial aid to families who need help covering childcare expenses.

In Cape Verde, schools and kindergartens are essential for parents who work full-time or have other responsibilities. These childcare facilities offer a safe and nurturing environment for children to learn and play. Additionally, attending school or kindergarten prepares children for formal education and helps them develop social skills. Despite the cost, many parents consider it necessary to enroll their children in these programs to ensure their success in the future.

Private Preschool or Kindergarten, Monthly for 1 Child
113.03 $
International Primary School, Yearly for 1 Child
2,583.64 $

Clothing And Shoes prices

Cape Verde offers a wide variety of clothing styles for both men and women, ranging from traditional to modern apparel. Shopping for clothing in Cape Verde can be a fun and unique experience, as you can find locally-made brands and unique designs. You can find clothing stores in most of the main towns and cities throughout Cape Verde, with many of them located within shopping centers. Additionally, you can find markets where you can buy traditional and handmade clothing at reasonable prices.

When it comes to shoes, Cape Verde offers a diverse selection of styles and brands. From sandals to boots, you can find footwear to suit all occasions and preferences. There are many shoe stores located in the shopping centers throughout Cape Verde, as well as markets where you can buy locally-made shoes at reasonable prices. Moreover, you can also find international brands in some of the larger cities. Overall, shopping for clothing and shoes in Cape Verde provides a unique opportunity to explore the diversity of the country's fashion scene.

Pair of Jeans in a Chain Store Like George, H&M, Zara, etc.
37.67 $
Summer Dress in a Chain Store Like George, H&M, Zara, etc.
32.29 $
Pair of Running Shoes, Mid-Range Price
123.80 $
Pair of Leather Business Shoes
62.44 $

Rent Per Month prices

Cape Verde offers a plethora of short rent and stay options for tourists. Visitors can choose from a wide array of accommodation types ranging from budget-friendly hostels to luxurious resorts. The archipelago is known for its stunning beaches and crystal clear waters, making it a prime spot for vacationers seeking a tropical paradise. Those looking for a classic hotel experience can find affordable and comfortable options that offer an array of amenities. For those wanting more of an intimate setting, there are many guesthouses and bed and breakfasts throughout the islands offering a cozy atmosphere.

Additionally, there are also plenty of short-term rental options available such as apartments and villas. These rentals provide visitors with the freedom to design their vacation exactly how they want it. With more space, privacy, and facilities such as kitchens and laundry, short-term rentals are perfect for longer stays. Whether you're looking for a beachfront property or a place in the bustling city center, Cape Verde has something to suit everyone's tastes and budget.

One bedroom apartment in city centre
279.89 $
One bedroom apartment outside of city centre
197.36 $
Three bedroom apartment in city centre
459.32 $
Three bedroom apartment outside of city centre
348.07 $

Buy Apartment prices

There are a variety of real estate buying options in Cape Verde, ranging from apartments to luxury villas. Cape Verde's real estate market is rapidly growing due to the country's favorable conditions for foreign investment. Recent developments, such as the construction of new airports and the establishment of luxury resorts, have contributed to an influx of tourists, making Cape Verde a prime location for real estate investing.

Despite the increase in demand, prices for real estate in Cape Verde are still relatively affordable compared to other popular destinations. This makes it an attractive option for those looking to invest in a property for personal use or rental purposes. Additionally, Cape Verde's government has implemented policies to encourage foreign investment, such as tax incentives and simplified legal procedures, making it easier for investors to purchase property in the country.

Price per m2 to Buy Apartment in City Center
958.10 $
Price per m2 to Buy Apartment Outside of City Center
699.74 $