Cost of living in Equatorial Guinea compared to Nigeria
Currency:
| Food | + 47% | |||
|---|---|---|---|---|
| Food in Equatorial Guinea is 47% more expensive than in Nigeria | ||||
| Equatorial Guinea | Nigeria | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | 8,809 Franc (5,797 ₦) | 3,461 ₦ | + 67% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 6,114 Franc (4,024 ₦) | 3,494 ₦ | + 15% | |
| 500 gr (1 lb.) of boneless chicken breast | 1,666 Franc (1,096 ₦) | 1,266 ₦ | - 13% | |
| 1 liter (1 qt.) of whole fat milk | 1,500 Franc (987 ₦) | 1,051 ₦ | - 6% | |
| 12 eggs, large | 1,921 Franc (1,264 ₦) | 808 ₦ | + 56% | |
| 1 kg (2 lb.) of tomatoes | 2,000 Franc (1,316 ₦) | 989 ₦ | + 33% | |
| 500 gr (16 oz.) of local cheese | - | 5,019 ₦ | - | |
| 1 kg (2 lb.) of apples | 2,500 Franc (1,645 ₦) | 1,236 ₦ | + 33% | |
| 1 kg (2 lb.) of potatoes | 2,000 Franc (1,316 ₦) | 1,012 ₦ | + 30% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 500 Franc (329 ₦) | 367 ₦ | - 10% | |
| 1 bottle of red table wine, good quality | 5,489 Franc (3,612 ₦) | 4,640 ₦ | - 22% | |
| 2 liters of coca-cola | 1,673 Franc (1,101 ₦) | 659 ₦ | + 67% | |
| Bread for 2 people for 1 day | 2,000 Franc (1,316 ₦) | 528 ₦ | + 149% | |
| Housing | + 34% | |||
| Housing in Equatorial Guinea is 34% more expensive than in Nigeria | ||||
| Equatorial Guinea | Nigeria | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 700,000 Franc (460,657 ₦) | 600,977 ₦ | - 23% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 374,236 Franc (246,278 ₦) | 344,756 ₦ | - 29% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 100,000 Franc (65,808 ₦) | 21,473 ₦ | + 206% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 532,598 Franc (350,493 ₦) | 319,785 ₦ | + 10% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 260,866 Franc (171,671 ₦) | 184,708 ₦ | - 7% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 200,000 Franc (131,616 ₦) | 7,649 ₦ | + 1621% | |
| Internet 8 mbps (1 month) | 50,000 Franc (32,904 ₦) | 17,828 ₦ | + 85% | |
| 40” flat screen tv | 300,000 Franc (197,424 ₦) | 105,832 ₦ | + 87% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 135,526 Franc (89,187 ₦) | 74,342 ₦ | + 20% | |
| Laundry detergent (3 l. ~ 100 oz.) | 2,031 Franc (1,336 ₦) | 1,818 ₦ | - 26% | |
| Hourly rate for cleaning help | 1,375 Franc (905 ₦) | - | - | |
| Clothes | + 117% | |||
| Clothes in Equatorial Guinea is 117% more expensive than in Nigeria | ||||
| Equatorial Guinea | Nigeria | Diff | ||
| 1 pair of jeans (levis 501 or similar) | 50,000 Franc (32,904 ₦) | 9,511 ₦ | + 246% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 60,000 Franc (39,485 ₦) | 14,349 ₦ | + 175% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 55,000 Franc (36,194 ₦) | 46,330 ₦ | - 22% | |
| 1 pair of men’s leather business shoes | 61,087 Franc (40,200 ₦) | 37,979 ₦ | + 6% | |
| Transportation | + 45% | |||
| Transportation in Equatorial Guinea is 45% more expensive than in Nigeria | ||||
| Equatorial Guinea | Nigeria | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 3,500,000 Franc (2,303,285 ₦) | 7,857,240 ₦ | - 71% | |
| 1 liter (1/4 gallon) of gas | 766 Franc (504 ₦) | 182 ₦ | + 176% | |
| Monthly ticket public transport | 30,000 Franc (19,742 ₦) | 8,326 ₦ | + 137% | |
| Personal Care | + 60% | |||
| Personal Care in Equatorial Guinea is 60% more expensive than in Nigeria | ||||
| Equatorial Guinea | Nigeria | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 9,000 Franc (5,923 ₦) | 526 ₦ | + 1027% | |
| 1 box of antibiotics (12 doses) | 6,000 Franc (3,948 ₦) | 1,787 ₦ | + 121% | |
| Short visit to private doctor (15 minutes) | 10,000 Franc (6,581 ₦) | 15,152 ₦ | - 57% | |
| 1 box of 32 tampons (tampax, ob, ...) | - | 1,295 ₦ | - | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 3,125 Franc (2,057 ₦) | 1,096 ₦ | + 88% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 2,700 Franc (1,777 ₦) | 1,223 ₦ | + 45% | |
| 4 rolls of toilet paper | 1,000 Franc (658 ₦) | 604 ₦ | + 9% | |
| Tube of toothpaste | - | 529 ₦ | - | |
| Standard men's haircut in expat area of the city | 8,434 Franc (5,550 ₦) | 1,631 ₦ | + 240% | |
| Entertainment | + 105% | |||
| Entertainment in Equatorial Guinea is 105% more expensive than in Nigeria | ||||
| Equatorial Guinea | Nigeria | Diff | ||
| Basic dinner out for two in neighborhood pub | 15,000 Franc (9,871 ₦) | 5,323 ₦ | + 85% | |
| 2 tickets to the movies | - | 5,345 ₦ | - | |
| 2 tickets to the theater (best available seats) | - | 19,661 ₦ | - | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 25,285 Franc (16,640 ₦) | 9,858 ₦ | + 69% | |
| 1 cocktail drink in downtown club | 5,000 Franc (3,290 ₦) | 970 ₦ | + 239% | |
| Cappuccino in expat area of the city | 1,500 Franc (987 ₦) | 596 ₦ | + 66% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 1,000 Franc (658 ₦) | 579 ₦ | + 14% | |
| Ipad wi-fi 128gb | - | 182,671 ₦ | - | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 371 Franc (244 ₦) | 25 ₦ | + 890% | |
| 1 month of gym membership in business district | 59,012 Franc (38,835 ₦) | 20,152 ₦ | + 93% | |
| 1 package of marlboro cigarettes | 1,000 Franc (658 ₦) | 501 ₦ | + 31% | |
| TOTAL | + 51% | |||
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 293 prices entered by 46 different people.
These prices were last updated on May 11, 2022.
Exchange rate:
0.658
NGN
/
XAF
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Cost of living in Equatorial Guinea is 51% more expensive than in Nigeria
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