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- Equatorial Guinea
- Nigeria
- Comparison
Cost of living in Equatorial Guinea compared to Nigeria
Currency:
| Food | + 53% | |||
|---|---|---|---|---|
| Food in Equatorial Guinea is 53% more expensive than in Nigeria | ||||
| Basic lunchtime menu (including a drink) in the business district | 10,000 Franc (6,168 ₦) | 2,386 ₦ | + 159% | |
| Combo meal in fast food restaurant (Big Mac Meal or similar) | 3,500 Franc (2,159 ₦) | 1,947 ₦ | + 11% | |
| 500 gr (1 lb.) of boneless chicken breast | 2,000 Franc (1,234 ₦) | 947 ₦ | + 30% | |
| 1 liter (1 qt.) of whole fat milk | 1,450 Franc (894 ₦) | 911 ₦ | - 2% | |
| 12 eggs, large | 1,400 Franc (864 ₦) | 582 ₦ | + 48% | |
| 1 kg (2 lb.) of tomatoes | 2,000 Franc (1,234 ₦) | 700 ₦ | + 76% | |
| 500 gr (16 oz.) of local cheese | - | 2,135 ₦ | - | |
| 1 kg (2 lb.) of apples | 2,500 Franc (1,542 ₦) | 1,160 ₦ | + 33% | |
| 1 kg (2 lb.) of potatoes | 1,650 Franc (1,018 ₦) | 782 ₦ | + 30% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 606 Franc (374 ₦) | 298 ₦ | + 26% | |
| 1 bottle of red table wine, good quality | 10,000 Franc (6,168 ₦) | 2,318 ₦ | + 166% | |
| 2 liters of Coca-Cola | 1,000 Franc (617 ₦) | 364 ₦ | + 70% | |
| Bread for 2 people for 1 day | 500 Franc (308 ₦) | 360 ₦ | - 14% | |
| Housing | + 153% | |||
| Housing in Equatorial Guinea is 153% more expensive than in Nigeria | ||||
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in EXPENSIVE area | 1,100,000 Franc (678,528 ₦) | 363,465 ₦ | + 87% | |
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area | 775,000 Franc (478,054 ₦) | 255,550 ₦ | + 87% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | - | 27,273 ₦ | - | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in EXPENSIVE area | 675,000 Franc (416,369 ₦) | 260,974 ₦ | + 60% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area | 375,000 Franc (231,316 ₦) | 174,928 ₦ | + 32% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio | - | 13,154 ₦ | - | |
| Internet 8 Mbps (1 month) | 150,000 Franc (92,527 ₦) | 8,041 ₦ | + 1051% | |
| 40” flat screen TV | - | 106,635 ₦ | - | |
| Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) | - | 33,761 ₦ | - | |
| Laundry detergent (3 l. ~ 100 oz.) | - | 1,602 ₦ | - | |
| Hourly rate for cleaning help | 1,375 Franc (848 ₦) | 2,092 ₦ | - 59% | |
| Clothes | + 40% | |||
| Clothes in Equatorial Guinea is 40% more expensive than in Nigeria | ||||
| 1 pair of jeans (Levis 501 or similar) | 75,000 Franc (46,263 ₦) | 8,333 ₦ | + 455% | |
| 1 summer dress in a High Street Store (Zara, H&M or similar retailers) | - | 11,637 ₦ | - | |
| 1 pair of sport shoes (Nike, Adidas, or equivalent brands) | - | 17,226 ₦ | - | |
| 1 pair of men’s leather business shoes | - | 28,300 ₦ | - | |
| 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 | - | 3,130,190 ₦ | - | |
| 1 liter (1/4 gallon) of gas | 45 Franc (28 ₦) | 149 ₦ | - 81% | |
| Monthly ticket public transport | - | 10,263 ₦ | - | |
| Personal Care | + 53% | |||
| Personal Care in Equatorial Guinea is 53% more expensive than in Nigeria | ||||
| Cold medicine for 6 days (Tylenol, Frenadol, Coldrex, or equivalent brands) | - | 1,910 ₦ | - | |
| 1 box of antibiotics (12 doses) | - | 2,106 ₦ | - | |
| Short visit to private Doctor (15 minutes) | 20,000 Franc (12,337 ₦) | 7,619 ₦ | + 62% | |
| 1 box of 32 tampons (Tampax, OB, ...) | - | 1,463 ₦ | - | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 3,125 Franc (1,928 ₦) | 1,231 ₦ | + 57% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 5,000 Franc (3,084 ₦) | 1,272 ₦ | + 143% | |
| 4 rolls of toilet paper | 1,000 Franc (617 ₦) | 335 ₦ | + 84% | |
| Tube of toothpaste | - | 469 ₦ | - | |
| Standard men's haircut in expat area of the city | 10,000 Franc (6,168 ₦) | 2,328 ₦ | + 165% | |
| Entertainment | + 54% | |||
| Entertainment in Equatorial Guinea is 54% more expensive than in Nigeria | ||||
| Basic dinner out for two in neighborhood pub | 17,500 Franc (10,795 ₦) | 4,816 ₦ | + 124% | |
| 2 tickets to the movies | - | 3,341 ₦ | - | |
| 2 tickets to the theater (best available seats) | - | 15,421 ₦ | - | |
| Dinner for two at an Italian restaurant in the expat area including appetisers, main course, wine and dessert | 40,000 Franc (24,674 ₦) | 15,117 ₦ | + 63% | |
| 1 cocktail drink in downtown club | 6,000 Franc (3,701 ₦) | 2,456 ₦ | + 51% | |
| Cappuccino in expat area of the city | 5,500 Franc (3,393 ₦) | 1,445 ₦ | + 135% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 2,386 Franc (1,472 ₦) | 644 ₦ | + 129% | |
| iPad Wi-Fi 128GB | - | 136,721 ₦ | - | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | - | 62 ₦ | - | |
| 1 month of gym membership in business district | 57,500 Franc (35,469 ₦) | 16,510 ₦ | + 115% | |
| 1 package of Marlboro cigarettes | 1,000 Franc (617 ₦) | 464 ₦ | + 33% | |
| TOTAL | + 72% | |||
This comparison is lacking data. It provides a decent comparison, but it is not yet reliable. It is based on 1,319 prices entered by 118 different people.
These prices were last updated on April 20, 2019.
Exchange rate:
0.617
NGN
/
XAF
Cost of living in Equatorial Guinea is 72% more expensive than in Nigeria
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