Cost of Living: Cape Verde vs Australia

Detailed comparison of living costs and expenses between Cape Verde and Australia.

Data updated: October 2026

Quick Comparison Summary

In simple terms, living in Cape Verde is 75.4% cheaper than Australia. The biggest difference is in Salaries And Financing, where costs are 92.7% lower. This means that for every $100 you spend in Australia, you would spend about $25 in Cape Verde for the same standard of living.

Key Differences

Salaries And Financing 92.7%

Cape Verde is 92.7% cheaper

Property Prices 85.5%

Cape Verde is 85.5% cheaper

Other Expenses 84.3%

Cape Verde is 84.3% cheaper

Cost of Living Index

Overall Difference 75.4%

Cape Verde is 75.4% cheaper than Australia

Most Expensive Categories

  • Transportation +32.2%
  • Mobile and Internet +2.0%

Is Cape Verde cheaper than Australia?

Yes, Cape Verde is cheaper than Australia

Overall, living costs in Cape Verde are 75.4% lower than in Australia.

Where Cape Verde is cheaper:

  • Salaries And Financing 92.7% cheaper
  • Property Prices 85.5% cheaper
  • Other Expenses 84.3% cheaper

Where Cape Verde is more expensive:

  • Transportation 32.2% more expensive
  • Mobile and Internet 2.0% more expensive

Practical Examples

Basic restaurant meal

Cape Verde: 5.16 $ Australia: 16.22 $
68.2% cheaper in Cape Verde

1-bedroom apartment in city center

Cape Verde: 442.64 $ Australia: 1,381.57 $
68.0% cheaper in Cape Verde

Monthly public transport pass

Cape Verde: 29.73 $ Australia: 97.35 $
69.5% cheaper in Cape Verde

1 liter of gasoline

Cape Verde: 1.52 $ Australia: 1.18 $
28.8% more expensive in Cape Verde

Summary

Based on comprehensive cost of living data, Cape Verde is indeed cheaper than Australia. You would save approximately 75.4% on living expenses by choosing Cape Verde over Australia. This includes all major expense categories such as housing, food, transportation, and utilities.

Overall Cost of Living Comparison

75.4%

Cape Verde is 75.4% cheaper than Australia

Restaurants

35.8%

Cape Verde is 35.8% cheaper than Australia in this category

Markets

41.1%

Cape Verde is 41.1% cheaper than Australia in this category

Other Expenses

84.3%

Cape Verde is 84.3% cheaper than Australia in this category

Transportation

32.2%

Cape Verde is 32.2% more expensive than Australia in this category

Household Utilities

24.0%

Cape Verde is 24.0% cheaper than Australia in this category

Mobile and Internet

2.0%

Cape Verde is 2.0% more expensive than Australia in this category

Sports And Leisure

38.3%

Cape Verde is 38.3% cheaper than Australia in this category

Childcare

77.9%

Cape Verde is 77.9% cheaper than Australia in this category

Clothing And Shoes

7.4%

Cape Verde is 7.4% cheaper than Australia in this category

Rent Per Month

73.7%

Cape Verde is 73.7% cheaper than Australia in this category

Property Prices

85.5%

Cape Verde is 85.5% cheaper than Australia in this category

Salaries And Financing

92.7%

Cape Verde is 92.7% cheaper than Australia in this category

Detailed Cost Comparison

Item Cape Verde Australia Difference
Basic Restaurant Meal 5.16 $ 16.22 $ 68.2%
Cape Verde is 68.2% cheaper
Three-Course Dinner for Two in Mid Range Restaurant 51.18 $ 77.88 $ 34.3%
Cape Verde is 34.3% cheaper
McDonald's Fast Food Combo Meal 8.26 $ 9.73 $ 15.1%
Cape Verde is 15.1% cheaper
Regular Cappuccino 1.90 $ 3.48 $ 45.4%
Cape Verde is 45.4% cheaper
Soft Drink (330ml) 1.99 $ 2.62 $ 24.0%
Cape Verde is 24.0% cheaper
Bottled Water (330ml) 1.14 $ 2.16 $ 47.2%
Cape Verde is 47.2% cheaper
Bottled Water (1.5L) 1.08 $ 1.51 $ 28.5%
Cape Verde is 28.5% cheaper
Local Beer (500ml) 1.30 $ 5.69 $ 77.2%
Cape Verde is 77.2% cheaper
Imported Beer (330ml) 2.25 $ 1.29 $ 74.4%
Cape Verde is 74.4% more expensive
Mid-Range Wine 7.81 $ 7.97 $ 2.0%
Cape Verde is 2.0% cheaper
Local Beer (500ml bottle) 1.36 $ 1.43 $ 4.9%
Cape Verde is 4.9% cheaper
Milk (1L) 1.39 $ 1.53 $ 9.2%
Cape Verde is 9.2% cheaper
Fresh Bread (500g) 1.76 $ 2.45 $ 28.2%
Cape Verde is 28.2% cheaper
White Rice (1kg) 1.76 $ 2.05 $ 14.1%
Cape Verde is 14.1% cheaper
Eggs (12 pack) 2.34 $ 4.31 $ 45.7%
Cape Verde is 45.7% cheaper
Local Cheese (1kg) 12.74 $ 8.89 $ 43.3%
Cape Verde is 43.3% more expensive
Chicken Breast (1kg) 8.26 $ 8.44 $ 2.1%
Cape Verde is 2.1% cheaper
Beef (1kg) 19.81 $ 13.88 $ 42.7%
Cape Verde is 42.7% more expensive
Apples (1kg) 2.71 $ 3.19 $ 15.0%
Cape Verde is 15.0% cheaper
Bananas (1kg) 2.26 $ 2.75 $ 17.8%
Cape Verde is 17.8% cheaper
Oranges (1kg) 2.74 $ 2.93 $ 6.5%
Cape Verde is 6.5% cheaper
Tomatoes (1kg) 3.53 $ 4.30 $ 17.9%
Cape Verde is 17.9% cheaper
Potatoes (1kg) 1.45 $ 2.47 $ 41.3%
Cape Verde is 41.3% cheaper
Onions (1kg) 1.69 $ 2.14 $ 21.0%
Cape Verde is 21.0% cheaper
Lettuce (1 head) 1.36 $ 2.22 $ 38.7%
Cape Verde is 38.7% cheaper
Monthly Transit Pass 29.73 $ 97.35 $ 69.5%
Cape Verde is 69.5% cheaper
Cigarettes (20 pack) 4.90 $ 31.15 $ 84.3%
Cape Verde is 84.3% cheaper
Single Bus/Train Ticket 0.91 $ 2.92 $ 68.8%
Cape Verde is 68.8% cheaper
Taxi Base Fare 1.81 $ 3.89 $ 53.5%
Cape Verde is 53.5% cheaper
Taxi per Kilometer 2.32 $ 1.88 $ 23.4%
Cape Verde is 23.4% more expensive
Taxi Waiting Hourly Rate 10.32 $ 37.90 $ 72.8%
Cape Verde is 72.8% cheaper
Gasoline (1L) 1.52 $ 1.18 $ 28.8%
Cape Verde is 28.8% more expensive
New Economy Car 29,422.21 $ 28,829.12 $ 2.1%
Cape Verde is 2.1% more expensive
New Mid-Range Car 38,713.43 $ 22,658.59 $ 70.9%
Cape Verde is 70.9% more expensive
Monthly Utilities (80m² size) 133.63 $ 175.90 $ 24.0%
Cape Verde is 24.0% cheaper
10 GB Mobile Plan with Data 27.53 $ 26.66 $ 3.3%
Cape Verde is 3.3% more expensive
High-Speed Internet (> 60 Mbps) 53.73 $ 52.98 $ 1.4%
Cape Verde is 1.4% more expensive
Gym Membership 34.07 $ 47.43 $ 28.2%
Cape Verde is 28.2% cheaper
Tennis Court (Weekend) 8.60 $ 16.59 $ 48.2%
Cape Verde is 48.2% cheaper
Movie Ticket 5.68 $ 14.28 $ 60.2%
Cape Verde is 60.2% cheaper
Private Preschool (Full Day) 161.31 $ 1,570.69 $ 89.7%
Cape Verde is 89.7% cheaper
International School (Yearly) 2,918.13 $ 12,354.33 $ 76.4%
Cape Verde is 76.4% cheaper
1 Pair of Jeans 58.21 $ 71.57 $ 18.7%
Cape Verde is 18.7% cheaper
1 Summer Dress 30.97 $ 50.87 $ 39.1%
Cape Verde is 39.1% cheaper
1 Pair of Running Shoes 82.59 $ 102.13 $ 19.1%
Cape Verde is 19.1% cheaper
1 Pair of Business Shoes 137.65 $ 109.73 $ 25.4%
Cape Verde is 25.4% more expensive
1-Bedroom Apartment (City Center) 442.64 $ 1,381.57 $ 68.0%
Cape Verde is 68.0% cheaper
1-Bedroom Apartment (Suburbs) 246.48 $ 1,095.96 $ 77.5%
Cape Verde is 77.5% cheaper
3-Bedroom Apartment (City Center) 555.39 $ 2,332.99 $ 76.2%
Cape Verde is 76.2% cheaper
3-Bedroom Apartment (Suburbs) 477.94 $ 1,729.44 $ 72.4%
Cape Verde is 72.4% cheaper
Apartment Price (City Center) per m² 986.72 $ 6,794.53 $ 85.5%
Cape Verde is 85.5% cheaper
Apartment Price (Suburbs) per m² 730.69 $ 5,084.33 $ 85.6%
Cape Verde is 85.6% cheaper
Average Monthly Salary (after tax) 258.09 $ 3,619.71 $ 92.9%
Cape Verde is 92.9% cheaper
20-Year Fixed Mortgage Rate 7.67 6.35 20.8%
Cape Verde is 20.8% more expensive

Cost of Living Calculator

Calculate how your current expenses would change if you moved to Australia. Enter your monthly expenses in Cape Verde to see the equivalent costs.

Housing

Food & Dining

Transportation

Other Expenses

Our Methodology

Our cost of living comparisons are based on a robust methodology that combines multiple data sources and regular updates to ensure accuracy:

Data Collection

  • Regular price surveys conducted in major cities
  • Official government statistics and economic indicators
  • User-contributed data from expatriates and local residents
  • Real estate market reports and rental price indices
  • Consumer price indices and inflation data

Calculation Methods

  • Prices are normalized to USD for consistent comparison
  • Exchange rates are updated monthly
  • Regional price variations are weighted by population
  • Seasonal fluctuations are accounted for in the averages
  • Quality of life factors are considered in the overall assessment

Quality Assurance

  • Data is verified by local experts
  • Regular cross-checking with multiple sources
  • User feedback is incorporated into updates
  • Statistical outliers are identified and reviewed
  • Methodology is reviewed quarterly

Note: While we strive for accuracy, cost of living data can vary significantly within countries and cities. These comparisons should be used as a general guide, and we recommend conducting additional research for specific locations.

Lifestyle Impact

Understanding the cost of living differences between Cape Verde and Australia goes beyond just numbers. Here's how these differences might affect your daily life:

Daily Living

  • Grocery shopping habits and meal planning
  • Public transportation usage vs. car ownership
  • Frequency of dining out and entertainment
  • Healthcare access and insurance coverage
  • Housing choices and neighborhood selection

Long-term Planning

  • Savings and investment strategies
  • Retirement planning considerations
  • Education costs for children
  • Property ownership opportunities
  • Business and career development

Quality of Life Considerations

While cost of living is important, it's just one aspect of quality of life. Consider also:

  • Healthcare system quality and accessibility
  • Education system standards
  • Public safety and security
  • Environmental quality
  • Cultural and recreational opportunities
  • Work-life balance norms

Making the Most of Your Budget

Tips for adapting to cost of living differences:

  • Research local shopping habits and markets
  • Learn about public transportation options
  • Understand local tax systems and benefits
  • Explore community resources and discounts
  • Network with locals for insider tips

Local Insights for Cape Verde vs Australia

While both countries have similar overall costs, there are nuanced differences in how money is spent on daily necessities.

Cultural Cost Differences

Cape Verde

  • Higher fuel costs indicate different transportation preferences.

Australia

  • Lower grocery costs suggest different shopping and consumption patterns.

Seasonal Cost Variations

Both countries experience moderate seasonal variations in living costs, with prices typically higher during peak tourist seasons and major holidays.

Explore more

Cost of living in Cape Verde Cost of living in Australia

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