- Cost of Living
- Equatorial Guinea
- Nigeria
- Comparison
Cost of living in Equatorial Guinea compared to Nigeria
Currency:
| Food | + 59% | |||
|---|---|---|---|---|
| Food in Equatorial Guinea is 59% more expensive than in Nigeria | ||||
| Basic lunchtime menu (including a drink) in the business district | 10,000 Franc (6,487 ₦) | 2,460 ₦ | + 164% | |
| Combo meal in fast food restaurant (Big Mac Meal or similar) | 3,500 Franc (2,270 ₦) | 1,906 ₦ | + 19% | |
| 500 gr (1 lb.) of boneless chicken breast | 2,000 Franc (1,297 ₦) | 1,007 ₦ | + 29% | |
| 1 liter (1 qt.) of whole fat milk | 1,450 Franc (941 ₦) | 832 ₦ | + 13% | |
| 12 eggs, large | 1,400 Franc (908 ₦) | 593 ₦ | + 53% | |
| 1 kg (2 lb.) of tomatoes | 2,000 Franc (1,297 ₦) | 662 ₦ | + 96% | |
| 500 gr (16 oz.) of local cheese | - | 2,080 ₦ | - | |
| 1 kg (2 lb.) of apples | 2,500 Franc (1,622 ₦) | 1,193 ₦ | + 36% | |
| 1 kg (2 lb.) of potatoes | 1,650 Franc (1,070 ₦) | 845 ₦ | + 27% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 606 Franc (393 ₦) | 345 ₦ | + 14% | |
| 1 bottle of red table wine, good quality | 10,000 Franc (6,487 ₦) | 2,404 ₦ | + 170% | |
| 2 liters of Coca-Cola | 1,000 Franc (649 ₦) | 380 ₦ | + 71% | |
| Bread for 2 people for 1 day | 500 Franc (324 ₦) | 369 ₦ | - 12% | |
| Housing | + 205% | |||
| Housing in Equatorial Guinea is 205% more expensive than in Nigeria | ||||
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in EXPENSIVE area | 1,100,000 Franc (713,520 ₦) | 332,937 ₦ | + 114% | |
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area | 775,000 Franc (502,707 ₦) | 203,059 ₦ | + 148% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | - | 27,010 ₦ | - | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in EXPENSIVE area | 675,000 Franc (437,842 ₦) | 216,517 ₦ | + 102% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area | 375,000 Franc (243,245 ₦) | 119,786 ₦ | + 103% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio | - | 17,516 ₦ | - | |
| Internet 8 Mbps (1 month) | 150,000 Franc (97,298 ₦) | 5,493 ₦ | + 1671% | |
| 40” flat screen TV | - | 117,048 ₦ | - | |
| Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) | - | 38,623 ₦ | - | |
| Laundry detergent (3 l. ~ 100 oz.) | - | 1,169 ₦ | - | |
| Hourly rate for cleaning help | 1,375 Franc (892 ₦) | 1,491 ₦ | - 40% | |
| Clothes | + 44% | |||
| Clothes in Equatorial Guinea is 44% more expensive than in Nigeria | ||||
| 1 pair of jeans (Levis 501 or similar) | 75,000 Franc (48,649 ₦) | 6,183 ₦ | + 687% | |
| 1 summer dress in a High Street Store (Zara, H&M or similar retailers) | - | 9,445 ₦ | - | |
| 1 pair of sport shoes (Nike, Adidas, or equivalent brands) | - | 16,193 ₦ | - | |
| 1 pair of men’s leather business shoes | - | 26,338 ₦ | - | |
| Transportation | - 7% | |||
| Transportation in Equatorial Guinea is 7% cheaper than in Nigeria | ||||
| Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new | - | 6,199,200 ₦ | - | |
| 1 liter (1/4 gallon) of gas | 45 Franc (29 ₦) | 152 ₦ | - 81% | |
| Monthly ticket public transport | - | 11,380 ₦ | - | |
| Personal Care | + 57% | |||
| Personal Care in Equatorial Guinea is 57% more expensive than in Nigeria | ||||
| Cold medicine for 6 days (Tylenol, Frenadol, Coldrex, or equivalent brands) | - | 1,672 ₦ | - | |
| 1 box of antibiotics (12 doses) | - | 1,933 ₦ | - | |
| Short visit to private Doctor (15 minutes) | 20,000 Franc (12,973 ₦) | 7,629 ₦ | + 70% | |
| 1 box of 32 tampons (Tampax, OB, ...) | - | 1,414 ₦ | - | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 3,125 Franc (2,027 ₦) | 1,122 ₦ | + 81% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 5,000 Franc (3,243 ₦) | 1,483 ₦ | + 119% | |
| 4 rolls of toilet paper | 1,000 Franc (649 ₦) | 417 ₦ | + 56% | |
| Tube of toothpaste | - | 439 ₦ | - | |
| Standard men's haircut in expat area of the city | 10,000 Franc (6,487 ₦) | 1,439 ₦ | + 351% | |
| Entertainment | + 59% | |||
| Entertainment in Equatorial Guinea is 59% more expensive than in Nigeria | ||||
| Basic dinner out for two in neighborhood pub | 17,500 Franc (11,351 ₦) | 5,811 ₦ | + 95% | |
| 2 tickets to the movies | - | 3,170 ₦ | - | |
| 2 tickets to the theater (best available seats) | - | 17,434 ₦ | - | |
| Dinner for two at an Italian restaurant in the expat area including appetisers, main course, wine and dessert | 40,000 Franc (25,946 ₦) | 16,701 ₦ | + 55% | |
| 1 cocktail drink in downtown club | 6,000 Franc (3,892 ₦) | 2,468 ₦ | + 58% | |
| Cappuccino in expat area of the city | 5,500 Franc (3,568 ₦) | 1,457 ₦ | + 145% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 2,386 Franc (1,548 ₦) | 519 ₦ | + 198% | |
| iPad Wi-Fi 128GB | - | 231,505 ₦ | - | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | - | 28 ₦ | - | |
| 1 month of gym membership in business district | 57,500 Franc (37,298 ₦) | 14,221 ₦ | + 162% | |
| 1 package of Marlboro cigarettes | 1,000 Franc (649 ₦) | 453 ₦ | + 43% | |
| TOTAL | + 86% | |||
This comparison is lacking data. It provides a decent comparison, but it is not yet reliable. It is based on 1,402 prices entered by 123 different people.
These prices were last updated on September 18, 2018.
Exchange rate:
0.649
NGN
/
XAF
Cost of living in Equatorial Guinea is 86% more expensive than in Nigeria
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