Cost of living in Panama City (Panama) is 8% cheaper than in malabo (Equatorial Guinea)
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WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 464 prices entered by 66 different people.
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Food | - 12% | |||
---|---|---|---|---|
Food in Panama City (Panama) is 12% cheaper than in malabo (Equatorial Guinea) | ||||
Update prices | Update prices | |||
Panama City | malabo | Diff | ||
Basic lunchtime menu (including a drink) in the business district | 14 B/. (8,179 Franc) | 8,502 Franc | - 4% | |
Combo meal in fast food restaurant (big mac meal or similar) | 7 B/. (4,327 Franc) | 5,000 Franc | - 13% | |
500 gr (1 lb.) of boneless chicken breast | 3.62 B/. (2,181 Franc) | - | - | |
1 liter (1 qt.) of whole fat milk | 1.71 B/. (1,032 Franc) | - | - | |
12 eggs, large | 3.28 B/. (1,976 Franc) | 1,373 Franc | + 44% | |
1 kg (2 lb.) of tomatoes | 2.45 B/. (1,477 Franc) | 2,971 Franc | - 50% | |
500 gr (16 oz.) of local cheese | 6 B/. (3,657 Franc) | - | - | |
1 kg (2 lb.) of apples | 2.46 B/. (1,483 Franc) | 3,481 Franc | - 57% | |
1 kg (2 lb.) of potatoes | 2.22 B/. (1,338 Franc) | 1,745 Franc | - 23% | |
0.5 l (16 oz) domestic beer in the supermarket | 0.98 B/. (587 Franc) | 624 Franc | - 6% | |
1 bottle of red table wine, good quality | 12 B/. (6,981 Franc) | 7,555 Franc | - 8% | |
2 liters of coca-cola | 2.61 B/. (1,574 Franc) | 1,500 Franc | + 5% | |
Bread for 2 people for 1 day | 1.27 B/. (767 Franc) | - | - | |
Housing | - 12% | |||
Housing in Panama City (Panama) is 12% cheaper than in malabo (Equatorial Guinea) | ||||
Update prices | Update prices | |||
Panama City | malabo | Diff | ||
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 1,274 B/. (767,256 Franc) | 754,490 Franc | + 2% | |
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 844 B/. (508,039 Franc) | 800,000 Franc | - 36% | |
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 141 B/. (84,883 Franc) | - | - | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 849 B/. (510,951 Franc) | 641,275 Franc | - 20% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 530 B/. (319,100 Franc) | 333,515 Franc | - 4% | |
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 91 B/. (54,651 Franc) | - | - | |
Internet 8 mbps (1 month) | 41 B/. (24,809 Franc) | - | - | |
40” flat screen tv | 333 B/. (200,772 Franc) | - | - | |
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 99 B/. (59,900 Franc) | - | - | |
Laundry detergent (3 l. ~ 100 oz.) | 9 B/. (5,336 Franc) | - | - | |
Hourly rate for cleaning help | 4.57 B/. (2,753 Franc) | 7,000 Franc | - 61% | |
Clothes | - 35% | |||
Clothes in Panama City (Panama) is 35% cheaper than in malabo (Equatorial Guinea) | ||||
Update prices | Update prices | |||
Panama City | malabo | Diff | ||
1 pair of jeans (levis 501 or similar) | 54 B/. (32,411 Franc) | - | - | |
1 summer dress in a high street store (zara, h&m or similar retailers) | 37 B/. (22,299 Franc) | 52,857 Franc | - 58% | |
1 pair of sport shoes (nike, adidas, or equivalent brands) | 97 B/. (58,581 Franc) | - | - | |
1 pair of men’s leather business shoes | 86 B/. (52,011 Franc) | - | - | |
Transportation | - 2% | |||
Transportation in Panama City (Panama) is about the same as in malabo (Equatorial Guinea) | ||||
Update prices | Update prices | |||
Panama City | malabo | Diff | ||
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 22,092 B/. (13,302,241 Franc) | - | - | |
1 liter (1/4 gallon) of gas | 1.08 B/. (650 Franc) | 739 Franc | - 12% | |
Monthly ticket public transport | 29 B/. (17,537 Franc) | - | - | |
Taxi trip on a business day, basic tariff, 8 km. (5 miles) | 8 B/. (4,662 Franc) | - | - | |
Personal Care | - 3% | |||
Personal Care in Panama City (Panama) is about the same as in malabo (Equatorial Guinea) | ||||
Update prices | Update prices | |||
Panama City | malabo | Diff | ||
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 9 B/. (5,129 Franc) | - | - | |
1 box of antibiotics (12 doses) | 22 B/. (13,185 Franc) | - | - | |
Short visit to private doctor (15 minutes) | 49 B/. (29,637 Franc) | - | - | |
1 box of 32 tampons (tampax, ob, ...) | 7 B/. (4,438 Franc) | - | - | |
Deodorant, roll-on (50ml ~ 1.5 oz.) | 4.00 B/. (2,408 Franc) | 3,348 Franc | - 28% | |
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 7 B/. (4,277 Franc) | - | - | |
4 rolls of toilet paper | 3.20 B/. (1,927 Franc) | 1,128 Franc | + 71% | |
Tube of toothpaste | 3.08 B/. (1,857 Franc) | - | - | |
Standard men's haircut in expat area of the city | 17 B/. (10,431 Franc) | - | - | |
Entertainment | + 7% | |||
Entertainment in Panama City (Panama) is 7% more expensive than in malabo (Equatorial Guinea) | ||||
Update prices | Update prices | |||
Panama City | malabo | Diff | ||
Basic dinner out for two in neighborhood pub | 36 B/. (21,668 Franc) | 18,375 Franc | + 18% | |
2 tickets to the movies | 13 B/. (7,691 Franc) | - | - | |
2 tickets to the theater (best available seats) | 45 B/. (27,287 Franc) | - | - | |
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 55 B/. (33,304 Franc) | 31,018 Franc | + 7% | |
1 cocktail drink in downtown club | 10 B/. (5,722 Franc) | 5,655 Franc | + 1% | |
Cappuccino in expat area of the city | 5.62 B/. (3,381 Franc) | - | - | |
1 beer in neighbourhood pub (500ml or 1pt.) | 2.84 B/. (1,709 Franc) | 1,711 Franc | - 0% | |
Ipad wi-fi 128gb | 680 B/. (409,580 Franc) | - | - | |
1 min. of prepaid mobile tariff (no discounts or plans) | 0.32 B/. (195 Franc) | - | - | |
1 month of gym membership in business district | 51 B/. (30,685 Franc) | - | - | |
1 package of marlboro cigarettes | 5.76 B/. (3,470 Franc) | 1,000 Franc | + 247% | |
TOTAL | - 8% |
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 464 prices entered by 66 different people.
These prices were last updated on March 18, 2024.
Exchange rate:
602.124
XAF
/
PAB
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For example, to keep the same standard of living that would require 2,430,000 Franc in malabo you would need to make just about 2,223,942 Franc (3,693 B/.) in Panama City.
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