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Cape Verde · Cost of Living 2026
Cost of Living · Africa

Cost of Living in Cape Verde
for Expats 2026

Cape Verde cost of living index: 44/100 (NYC = 100). Monthly budget: $352–$528 depending on lifestyle. GNI per capita (PPP): $9,200. An Atlantic archipelago off West Africa with a stable democracy, warm tropical climate, and growing expat community. Portuguese-speaking nation with EUR-pegged escudo and digital nomad visa available; Sal and Santiago islands are most popular with foreign residents drawn by beaches, safety, and relaxed lifestyle.

56% cheaper than New York City

Your $5,000 NYC budget → $2,200/month in Cape Verde · your dollar goes 127% further here

1-bed apt · est. avg.
Restaurant meal · est.
Monthly transit · est.
$880–$1,760/month Typical budget / month
World Bank 2026GlobalCostData 2026 Updated April 2026YMYL · Data guide only
Cost of Living Index
44.0
NYC = 100 baseline · Moderate
0NYC 100200+
Rent
1-bed city centre · 83% cheaper than NYC
Dining out
Per meal · 68% cheaper than NYC
Groceries
Monthly budget · 54% cheaper than NYC
GNI / capita
$11.0k
World Bank PPP
Purchasing Power
24.88
Your $ goes 127% further here
Inflation 2026
1.05%
Annual rate

Key Cost of Living Data

Cape Verde 2026 · NYC baseline = 100
World Bank 2026
Cost of Livingvs NYC · 56% cheaper than NYC
44.0NYC = 100
Rent1-bed city centre
17.0~—
RestaurantsPer meal
32.0~—
GroceriesMonthly basket
46.0~—
Purch. PowerLocal buying
24.88×2.27 expat
vs NYC baseline
CategoryIndexEst. USDTier
Cost of Living44.056% cheaper than NYCModerate
Rent (1-bed city)17.0—/mo est.Cheap
Groceries46.0—/mo est.Moderate
Restaurants32.0—/meal est.Cheap
Local Purch. Power24.88×2.27 expat stretch
GNI per Capita$11.0kWorld Bank PPP
Inflation Rate1.05%Annual 2026

Housing & Rent

USD per month · 2026
World Bank · GlobalCostData

Rental costs in Praia and Mindelo remain the cheapest in the Atlantic—a one-bedroom apartment in a decent neighborhood rents for $300–$450/month, while a three-bedroom house runs $700–$1,200. Furnished expatriate housing on Sal Island (tourist hub) commands a premium: expect $1,000–$1,800/month for quality beachside rentals. Long-term leases (6+ months) typically offer 10–15% discounts; many expats purchase property with permits ($250k–$500k for modest villas in secondary towns).

Food & Dining

Per-item prices in USD
GlobalCostData 2026

Local markets in Praia and Mindelo offer fresh produce at excellent value: a weekly shop for one person costs $30–$50. Imported goods (cheese, cereals, wine) carry a 40–60% premium due to island logistics. Eating out at local tascas (family restaurants) runs $4–$8 per meal; tourist-area seafood restaurants charge $12–$25. Monthly grocery budget for comfortable living: $150–$250.

Transport

Monthly costs in USD
GlobalCostData 2026

Public transport via minibuses (hiaces) costs $0.50–$1.00 per trip within cities; inter-island ferries run $25–$60. Taxis lack meters—negotiate fares beforehand ($2–$5 for short urban rides). Car rental on Sal/Santiago islands: $30–$50/day. Fuel is expensive ($1.30/liter) due to island import dependence. Most expats bike or walk in smaller towns.

Healthcare & Quality of Life

Key indicators for expats
WHO · UNDP 2026

Cape Verde's public health system is basic; expats typically use private clinics in Praia (Clínica e Maternidade Universitária) where a routine GP visit costs $30–$60. Prescription medications are affordable ($5–$20 per month for common drugs). Serious cases are referred to Portugal; expats are advised to carry comprehensive international insurance ($50–$150/month). Dental work is quality and cheap: $100–$300 for extractions, $400–$800 for implants.

Life Expectancy72.6 yrs
Physicians / 1,0000.7
Safety Index3.0Low Safety
HDI Score0.661Medium Development
Education Index0.51
Air Quality PM2.531.3 µg/m³

Key Insight

Cape Verde delivers unbeatable value for remote workers and retirees: under $1,000/month for comfortable living on beautiful islands with zero hurricane risk, stable governance, and a thriving digital nomad community—but pack patience for bureaucracy and limited healthcare for serious emergencies.

Budget-Friendly

Our Verdict for Cape Verde

Cape Verde offers strong value for money at CoL 44.0 — significantly below NYC and most Western cities. Digital nomads and expats from high-cost countries benefit most from this gap.

Best for

  • Digital nomads & remote workers on foreign income
  • Budget-conscious expats maximising lifestyle quality

May not suit

  • Those requiring Western-standard amenities everywhere

Free resource

Planning a move to Cape Verde?

Get our Expat Budget Calculator — personalised monthly cost estimate for your lifestyle and city.

Monthly Budget Estimates

Cape Verde · all-in USD per month
Frugal
$352–$528per month
Shared housing, cooking at home, local transport
Comfortable
$660–$968per month
Private apartment, regular dining out, occasional travel
Western Expat
$1,232+per month
Premium lifestyle, frequent travel, international standard

Monthly Budget Estimator

Cost of living in —

Estimated monthly total
$0
 

10-Year Economic Trend

GDP per capita PPP (USD)
Annual Inflation (%)

Country vs Region Average

Regional cost comparison

This country Region average

Frequently Asked Questions

Cape Verde cost of living
Is Cape Verde affordable for expats?
Absolutely. At 56% cheaper than New York, Cape Verde ranks among the world's most affordable stable, safe nations. A comfortable lifestyle (apartment, food, utilities, leisure) costs $700–$1,000/month outside tourist zones.
What is the average cost of living in Cape Verde per month?
Budget travelers: $352–$528. Comfortable expats: $660–$968. Western lifestyle (modern apartment, car, dining): $1,232+. Costs vary significantly by island; Sal and Boa Vista (tourist areas) are 30–40% pricier than Praia or Santiago.
Can you live well in Cape Verde on $800/month?
Yes, comfortably. $800/month covers a decent 1BR apartment ($350–$450), utilities ($40–$60), food ($150–$200), transport ($20–$30), and leisure ($100+). Add $100–$200 for insurance and occasional dining out.
What is the cheapest city to live in Cape Verde?
Praia (capital, Santiago) and Mindelo (São Vicente) are the most affordable; Tarrafal and smaller towns on Santo Antão are even cheaper but lack amenities. Sal and Boa Vista (tourist islands) are 40–50% pricier.
How does Cape Verde compare to neighboring African nations?
Cape Verde is more expensive than Senegal (COL 36) or Ghana (COL 42) but far safer and more stable. It's cheaper and more accessible than Mauritius (COL 78) while offering similar security and governance quality.
Sources: World Bank Open Data 2026 · GlobalCostData Research 2026 · OECD Statistics. Data verified April 2026. Not financial or legal advice.
Updated April 2026. Sources: World Bank, ILO, national statistics offices. Methodology. City-level prices vary — check local listings before booking.