- Cost of Living
- 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 (6,247 ₦) | 2,358 ₦ | + 165% | |
| Combo meal in fast food restaurant (Big Mac Meal or similar) | 3,500 Franc (2,186 ₦) | 2,009 ₦ | + 9% | |
| 500 gr (1 lb.) of boneless chicken breast | 2,000 Franc (1,249 ₦) | 945 ₦ | + 32% | |
| 1 liter (1 qt.) of whole fat milk | 1,450 Franc (906 ₦) | 891 ₦ | + 2% | |
| 12 eggs, large | 1,400 Franc (875 ₦) | 572 ₦ | + 53% | |
| 1 kg (2 lb.) of tomatoes | 2,000 Franc (1,249 ₦) | 634 ₦ | + 97% | |
| 500 gr (16 oz.) of local cheese | - | 2,069 ₦ | - | |
| 1 kg (2 lb.) of apples | 2,500 Franc (1,562 ₦) | 1,160 ₦ | + 35% | |
| 1 kg (2 lb.) of potatoes | 1,650 Franc (1,031 ₦) | 918 ₦ | + 12% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 606 Franc (379 ₦) | 333 ₦ | + 14% | |
| 1 bottle of red table wine, good quality | 10,000 Franc (6,247 ₦) | 2,423 ₦ | + 158% | |
| 2 liters of Coca-Cola | 1,000 Franc (625 ₦) | 368 ₦ | + 70% | |
| Bread for 2 people for 1 day | 500 Franc (312 ₦) | 368 ₦ | - 15% | |
| Housing | + 172% | |||
| Housing in Equatorial Guinea is 172% more expensive than in Nigeria | ||||
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in EXPENSIVE area | 1,100,000 Franc (687,140 ₦) | 374,034 ₦ | + 84% | |
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area | 775,000 Franc (484,122 ₦) | 313,093 ₦ | + 55% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | - | 30,732 ₦ | - | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in EXPENSIVE area | 675,000 Franc (421,654 ₦) | 216,395 ₦ | + 95% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area | 375,000 Franc (234,252 ₦) | 113,871 ₦ | + 106% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio | - | 18,911 ₦ | - | |
| Internet 8 Mbps (1 month) | 150,000 Franc (93,701 ₦) | 6,931 ₦ | + 1252% | |
| 40” flat screen TV | - | 119,290 ₦ | - | |
| Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) | - | 35,316 ₦ | - | |
| Laundry detergent (3 l. ~ 100 oz.) | - | 1,142 ₦ | - | |
| Hourly rate for cleaning help | 1,375 Franc (859 ₦) | 1,488 ₦ | - 42% | |
| Clothes | + 42% | |||
| Clothes in Equatorial Guinea is 42% more expensive than in Nigeria | ||||
| 1 pair of jeans (Levis 501 or similar) | 75,000 Franc (46,850 ₦) | 6,922 ₦ | + 577% | |
| 1 summer dress in a High Street Store (Zara, H&M or similar retailers) | - | 11,004 ₦ | - | |
| 1 pair of sport shoes (Nike, Adidas, or equivalent brands) | - | 17,547 ₦ | - | |
| 1 pair of men’s leather business shoes | - | 30,237 ₦ | - | |
| 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 | - | 5,470,950 ₦ | - | |
| 1 liter (1/4 gallon) of gas | 45 Franc (28 ₦) | 152 ₦ | - 82% | |
| Monthly ticket public transport | - | 10,211 ₦ | - | |
| 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) | - | 1,712 ₦ | - | |
| 1 box of antibiotics (12 doses) | - | 1,894 ₦ | - | |
| Short visit to private Doctor (15 minutes) | 20,000 Franc (12,493 ₦) | 7,666 ₦ | + 63% | |
| 1 box of 32 tampons (Tampax, OB, ...) | - | 1,414 ₦ | - | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 3,125 Franc (1,952 ₦) | 1,096 ₦ | + 78% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 5,000 Franc (3,123 ₦) | 1,358 ₦ | + 130% | |
| 4 rolls of toilet paper | 1,000 Franc (625 ₦) | 382 ₦ | + 64% | |
| Tube of toothpaste | - | 488 ₦ | - | |
| Standard men's haircut in expat area of the city | 10,000 Franc (6,247 ₦) | 1,562 ₦ | + 300% | |
| Entertainment | + 59% | |||
| Entertainment in Equatorial Guinea is 59% more expensive than in Nigeria | ||||
| Basic dinner out for two in neighborhood pub | 17,500 Franc (10,932 ₦) | 5,380 ₦ | + 103% | |
| 2 tickets to the movies | - | 3,270 ₦ | - | |
| 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 (24,987 ₦) | 14,287 ₦ | + 75% | |
| 1 cocktail drink in downtown club | 6,000 Franc (3,748 ₦) | 2,654 ₦ | + 41% | |
| Cappuccino in expat area of the city | 5,500 Franc (3,436 ₦) | 1,457 ₦ | + 136% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 2,386 Franc (1,491 ₦) | 559 ₦ | + 167% | |
| iPad Wi-Fi 128GB | - | 178,066 ₦ | - | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | - | 43 ₦ | - | |
| 1 month of gym membership in business district | 57,500 Franc (35,919 ₦) | 14,754 ₦ | + 143% | |
| 1 package of Marlboro cigarettes | 1,000 Franc (625 ₦) | 461 ₦ | + 36% | |
| TOTAL | + 78% | |||
This comparison is lacking data. It provides a decent comparison, but it is not yet reliable. It is based on 1,398 prices entered by 115 different people.
These prices were last updated on December 15, 2018.
Exchange rate:
0.625
NGN
/
XAF
Cost of living in Equatorial Guinea is 78% more expensive than in Nigeria
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