Climate warming can induce a cost-of-living "squeeze" in ectotherms by increasing energetic expenditures while reducing foraging gains. We used biophysical models (validated by 2685 field observations) to test this hypothesis for 10 ecologically diverse lizards in African and Australian deserts. Historical warming (1950-2020) has been more intense in Africa than in Australia, translating to an energetic squeeze for African diurnal species. Although no net impact on Australian diurnal species was observed, warming generated an energetic "relief" (by increasing foraging time) for nocturnal species. Future warming impacts will be more severe in Africa than in Australia, requiring increased rates of food intake (+10% per hour active for diurnal species). The effects of climate warming on desert lizard energy budgets will thus be species-specific but potentially predictable.