What it's actually like here, financially
Who this suits
Cabo Verde
An Atlantic island nation off West Africa with a Creole culture, steady trade winds and a growing tourism scene. Remote and mid-priced, it appeals to those after beaches and quiet.
Country outline highlighted — see where it sits relative to its neighbours.
Limited data available — figures are estimates. We derive cost-of-living and rate figures for Cabo Verde from World Bank macro indicators plus regional PPP adjustments. Treat as directional, not precise.
Exchange Rate
Live rate1 USD = 96.3992 CVE
Cape Verdean Escudo
Source: open.er-api.com · Updated Sat, 04 Jul 2026 00:02:32 GMT
Travel Advisory
LoadingSend money to Cabo Verde fee-free
Wise — real exchange rates.· PARTNER
Get covered for Cabo Verde
SafetyWing — nomad health insurance.· PARTNER
Furnished rentals in Cabo Verde
Flatio — 1 month+, no deposits.· PARTNER
eSIM for Cabo Verde· PARTNER LINKS
A comfortable lifestyle costs around US$2,600/month
Avg Rent (1BR)— National average
US$420
Real Estate / m²
US$1,400
Cost of living (national avg, NYC=100)
52
Inflation (CPI)
2.5%
Safety ScoreSafety ratings reflect national travel advisories. Conditions vary by city and region. Always check your government's official travel advisory before travelling.
—
Rates, rent, real estate, inflation, safety
Is it getting cheaper or pricier to live here?
Compare hotels, guesthouses and serviced apartments across Cabo Verde.· Partner links
Internet, coworking and connectivity for remote workers
Data coming soon
Data coming soon
Data coming soon
Data coming soon
Data coming soon
Data coming soon
Lived or worked from Cabo Verde?
Real internet speeds, coworking quality and ground-truth costs help everyone.
Internet speeds are national averages and vary significantly by city and provider. Speeds in major cities are typically 2-3× higher than national averages.
Detailed climate data coming soon for Cabo Verde.
Real costs and tips from people who've actually lived in Cabo Verde.
⚠️ Community-submitted data is unverified and self-reported. It may not reflect current conditions or your specific circumstances. Always verify costs independently before making financial decisions.
Average rent (1BR)
Monthly food/groceries
Electricity/utilities
Transport
Loss aversion check
Calculate the real opportunity cost — most people are leaving 5- or 6-figures on the table.
Who this suits
Based on a $6,000 AUD/month baseline in Sydney.
Live exactly as you do now for $3,319/month instead of $6,000.
Keep spending $6,000 and live like this instead:
Bank $2,681/month. That's $32,170/year — enough to retire 5+ years earlier.
Help us keep Cabo Verde accurate — and learn from people who've actually lived there.
Does this data match your experience in Cabo Verde?
Be one of the first to validate this data.
No tips yet — be the first to share what you wish you knew.
Accommodation costs and curated coliving spaces for nomads.
| Accommodation type | Estimated cost (USD) |
|---|---|
| Shared room / coliving | $189 – $294 / month |
| 1BR apartment (outside centre) | $275 – $371 / month |
| 1BR apartment (city centre) | $357 – $504 / month |
| Serviced / furnished apartment | $672 – $924 / month |
| Short-term (Airbnb equivalent) | $31 / night (≈ $930 / month) |
Estimates derived from national rent averages. City-centre uses a 1.3× multiplier where local data is unavailable.
Country metadata sourced from RestCountries · Live exchange rates from open.er-api.com