Cost of living in Equatorial Guinea compared to Nigeria
Currency:
| Food | + 75% | |||
|---|---|---|---|---|
| Food in Equatorial Guinea is 75% more expensive than in Nigeria | ||||
| Equatorial Guinea | Nigeria | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | 15,000 Franc (11,351 ₦) | 2,597 ₦ | + 337% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 10,000 Franc (7,568 ₦) | 3,245 ₦ | + 133% | |
| 500 gr (1 lb.) of boneless chicken breast | 2,500 Franc (1,892 ₦) | 1,758 ₦ | + 8% | |
| 1 liter (1 qt.) of whole fat milk | 1,600 Franc (1,211 ₦) | 1,508 ₦ | - 20% | |
| 12 eggs, large | 1,314 Franc (995 ₦) | 1,104 ₦ | - 10% | |
| 1 kg (2 lb.) of tomatoes | 2,355 Franc (1,782 ₦) | 1,146 ₦ | + 55% | |
| 500 gr (16 oz.) of local cheese | 6,000 Franc (4,541 ₦) | 1,311 ₦ | + 246% | |
| 1 kg (2 lb.) of apples | 3,428 Franc (2,594 ₦) | 1,908 ₦ | + 36% | |
| 1 kg (2 lb.) of potatoes | 2,572 Franc (1,947 ₦) | 1,283 ₦ | + 52% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 644 Franc (488 ₦) | 511 ₦ | - 5% | |
| 1 bottle of red table wine, good quality | 7,289 Franc (5,516 ₦) | 3,367 ₦ | + 64% | |
| 2 liters of coca-cola | 1,500 Franc (1,135 ₦) | 1,012 ₦ | + 12% | |
| Bread for 2 people for 1 day | - | 615 ₦ | - | |
| Housing | + 36% | |||
| Housing in Equatorial Guinea is 36% more expensive than in Nigeria | ||||
| Equatorial Guinea | Nigeria | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 1,000,000 Franc (756,766 ₦) | 1,087,280 ₦ | - 30% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 600,000 Franc (454,059 ₦) | 480,899 ₦ | - 6% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 200,000 Franc (151,353 ₦) | 50,320 ₦ | + 201% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 600,000 Franc (454,059 ₦) | 441,651 ₦ | + 3% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 400,000 Franc (302,706 ₦) | 270,421 ₦ | + 12% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 100,000 Franc (75,677 ₦) | 80,318 ₦ | - 6% | |
| Internet 8 mbps (1 month) | 100,000 Franc (75,677 ₦) | 17,872 ₦ | + 323% | |
| 40” flat screen tv | 600,000 Franc (454,059 ₦) | 97,009 ₦ | + 368% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 150,000 Franc (113,515 ₦) | 56,399 ₦ | + 101% | |
| Laundry detergent (3 l. ~ 100 oz.) | 6,000 Franc (4,541 ₦) | 6,433 ₦ | - 29% | |
| Hourly rate for cleaning help | - | 1,500 ₦ | - | |
| Clothes | + 145% | |||
| Clothes in Equatorial Guinea is 145% more expensive than in Nigeria | ||||
| Equatorial Guinea | Nigeria | Diff | ||
| 1 pair of jeans (levis 501 or similar) | 60,000 Franc (45,406 ₦) | 8,462 ₦ | + 437% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 30,689 Franc (23,224 ₦) | 12,300 ₦ | + 89% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 80,000 Franc (60,541 ₦) | 28,695 ₦ | + 111% | |
| 1 pair of men’s leather business shoes | 120,000 Franc (90,812 ₦) | 29,497 ₦ | + 208% | |
| Transportation | + 1% | |||
| Transportation in Equatorial Guinea is about the same as in Nigeria | ||||
| Equatorial Guinea | Nigeria | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 9,000,000 Franc (6,810,891 ₦) | 8,000,000 ₦ | - 15% | |
| 1 liter (1/4 gallon) of gas | 480 Franc (363 ₦) | 256 ₦ | + 42% | |
| Monthly ticket public transport | - | 19,283 ₦ | - | |
| Personal Care | + 57% | |||
| Personal Care in Equatorial Guinea is 57% more expensive than in Nigeria | ||||
| Equatorial Guinea | Nigeria | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 3,000 Franc (2,270 ₦) | 383 ₦ | + 493% | |
| 1 box of antibiotics (12 doses) | 4,000 Franc (3,027 ₦) | 1,629 ₦ | + 86% | |
| Short visit to private doctor (15 minutes) | - | 19,489 ₦ | - | |
| 1 box of 32 tampons (tampax, ob, ...) | 4,000 Franc (3,027 ₦) | 2,247 ₦ | + 35% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 2,767 Franc (2,094 ₦) | 835 ₦ | + 151% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 2,500 Franc (1,892 ₦) | 1,660 ₦ | + 14% | |
| 4 rolls of toilet paper | 1,114 Franc (843 ₦) | 651 ₦ | + 30% | |
| Tube of toothpaste | 1,800 Franc (1,362 ₦) | 663 ₦ | + 105% | |
| Standard men's haircut in expat area of the city | 5,000 Franc (3,784 ₦) | 1,692 ₦ | + 124% | |
| Entertainment | + 95% | |||
| Entertainment in Equatorial Guinea is 95% more expensive than in Nigeria | ||||
| Equatorial Guinea | Nigeria | Diff | ||
| Basic dinner out for two in neighborhood pub | 17,138 Franc (12,970 ₦) | 8,546 ₦ | + 52% | |
| 2 tickets to the movies | - | 6,169 ₦ | - | |
| 2 tickets to the theater (best available seats) | - | 8,826 ₦ | - | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 37,171 Franc (28,129 ₦) | 17,024 ₦ | + 65% | |
| 1 cocktail drink in downtown club | 6,145 Franc (4,650 ₦) | 3,233 ₦ | + 44% | |
| Cappuccino in expat area of the city | 2,000 Franc (1,514 ₦) | 1,074 ₦ | + 41% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 861 Franc (652 ₦) | 500 ₦ | + 30% | |
| Ipad wi-fi 128gb | 700,000 Franc (529,736 ₦) | 137,406 ₦ | + 286% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 100 Franc (76 ₦) | 24 ₦ | + 218% | |
| 1 month of gym membership in business district | 60,000 Franc (45,406 ₦) | 20,543 ₦ | + 121% | |
| 1 package of marlboro cigarettes | 1,000 Franc (757 ₦) | 519 ₦ | + 46% | |
| TOTAL | + 48% | |||
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 408 prices entered by 53 different people.
These prices were last updated on June 01, 2023.
Exchange rate:
0.757
NGN
/
XAF
*
Cost of living in Equatorial Guinea is 48% more expensive than in Nigeria
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