Cost of living in Equatorial Guinea compared to Nigeria
Currency:
| Food | + 70% | |||
|---|---|---|---|---|
| Food in Equatorial Guinea is 70% more expensive than in Nigeria | ||||
| Basic lunchtime menu (including a drink) in the business district | 9,135 Franc (5,995 ₦) | 1,860 ₦ | + 222% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 5,000 Franc (3,282 ₦) | 1,680 ₦ | + 95% | |
| 500 gr (1 lb.) of boneless chicken breast | 500 Franc (328 ₦) | 861 ₦ | - 62% | |
| 1 liter (1 qt.) of whole fat milk | 1,500 Franc (984 ₦) | 749 ₦ | + 31% | |
| 12 eggs, large | 1,448 Franc (950 ₦) | 561 ₦ | + 69% | |
| 1 kg (2 lb.) of tomatoes | 2,000 Franc (1,313 ₦) | 653 ₦ | + 101% | |
| 500 gr (16 oz.) of local cheese | - | 1,870 ₦ | - | |
| 1 kg (2 lb.) of apples | 2,500 Franc (1,641 ₦) | 1,110 ₦ | + 48% | |
| 1 kg (2 lb.) of potatoes | 1,650 Franc (1,083 ₦) | 585 ₦ | + 85% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 500 Franc (328 ₦) | 324 ₦ | + 1% | |
| 1 bottle of red table wine, good quality | 5,000 Franc (3,282 ₦) | 2,970 ₦ | + 10% | |
| 2 liters of coca-cola | 1,500 Franc (984 ₦) | 336 ₦ | + 193% | |
| Bread for 2 people for 1 day | 500 Franc (328 ₦) | 355 ₦ | - 8% | |
| Housing | + 32% | |||
| Housing in Equatorial Guinea is 32% more expensive than in Nigeria | ||||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | - | 441,012 ₦ | - | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 775,000 Franc (508,644 ₦) | 261,408 ₦ | + 95% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | - | 20,149 ₦ | - | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 700,000 Franc (459,420 ₦) | 222,496 ₦ | + 106% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | - | 217,542 ₦ | - | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | - | 10,810 ₦ | - | |
| Internet 8 mbps (1 month) | 20,000 Franc (13,126 ₦) | 7,298 ₦ | + 80% | |
| 40” flat screen tv | - | 62,156 ₦ | - | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | - | 29,341 ₦ | - | |
| Laundry detergent (3 l. ~ 100 oz.) | - | 999 ₦ | - | |
| Hourly rate for cleaning help | 1,375 Franc (902 ₦) | 1,000 ₦ | - 10% | |
| Clothes | + 52% | |||
| Clothes in Equatorial Guinea is 52% more expensive than in Nigeria | ||||
| 1 pair of jeans (levis 501 or similar) | 75,000 Franc (49,224 ₦) | 5,049 ₦ | + 875% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | - | 10,356 ₦ | - | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | - | 10,731 ₦ | - | |
| 1 pair of men’s leather business shoes | - | 15,987 ₦ | - | |
| Transportation | ||||
| Transportation in Equatorial Guinea is about the same as in Nigeria | ||||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | - | 2,324,530 ₦ | - | |
| 1 liter (1/4 gallon) of gas | - | 146 ₦ | - | |
| Monthly ticket public transport | - | 13,522 ₦ | - | |
| Personal Care | + 86% | |||
| Personal Care in Equatorial Guinea is 86% more expensive than in Nigeria | ||||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | - | 748 ₦ | - | |
| 1 box of antibiotics (12 doses) | - | 4,995 ₦ | - | |
| Short visit to private doctor (15 minutes) | 20,000 Franc (13,126 ₦) | 6,486 ₦ | + 102% | |
| 1 box of 32 tampons (tampax, ob, ...) | - | 1,123 ₦ | - | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 3,125 Franc (2,051 ₦) | 764 ₦ | + 168% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 5,000 Franc (3,282 ₦) | 930 ₦ | + 253% | |
| 4 rolls of toilet paper | 1,000 Franc (656 ₦) | 311 ₦ | + 111% | |
| Tube of toothpaste | - | 396 ₦ | - | |
| Standard men's haircut in expat area of the city | 10,000 Franc (6,563 ₦) | 2,354 ₦ | + 179% | |
| Entertainment | + 21% | |||
| Entertainment in Equatorial Guinea is 21% more expensive than in Nigeria | ||||
| Basic dinner out for two in neighborhood pub | 15,000 Franc (9,845 ₦) | 4,367 ₦ | + 125% | |
| 2 tickets to the movies | - | 3,670 ₦ | - | |
| 2 tickets to the theater (best available seats) | - | 10,334 ₦ | - | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 30,000 Franc (19,689 ₦) | 26,560 ₦ | - 26% | |
| 1 cocktail drink in downtown club | 5,000 Franc (3,282 ₦) | 2,914 ₦ | + 13% | |
| Cappuccino in expat area of the city | 5,500 Franc (3,610 ₦) | 1,230 ₦ | + 194% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | - | 366 ₦ | - | |
| Ipad wi-fi 128gb | - | 70,572 ₦ | - | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | - | 20 ₦ | - | |
| 1 month of gym membership in business district | 35,000 Franc (22,971 ₦) | 13,946 ₦ | + 65% | |
| 1 package of marlboro cigarettes | 1,000 Franc (656 ₦) | 454 ₦ | + 45% | |
| TOTAL | + 43% | |||
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 1,070 prices entered by 94 different people.
These prices were last updated on May 28, 2020.
Exchange rate:
0.656
NGN
/
XAF
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Cost of living in Equatorial Guinea is 43% more expensive than in Nigeria
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