Cost of living in Equatorial Guinea compared to Nigeria
Currency:
| Food | + 68% | |||
|---|---|---|---|---|
| Food in Equatorial Guinea is 68% more expensive than in Nigeria | ||||
| Basic lunchtime menu (including a drink) in the business district | 9,435 Franc (6,599 ₦) | 2,394 ₦ | + 176% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 5,000 Franc (3,497 ₦) | 2,466 ₦ | + 42% | |
| 500 gr (1 lb.) of boneless chicken breast | 1,364 Franc (954 ₦) | 1,096 ₦ | - 13% | |
| 1 liter (1 qt.) of whole fat milk | 1,500 Franc (1,049 ₦) | 691 ₦ | + 52% | |
| 12 eggs, large | 1,826 Franc (1,277 ₦) | 748 ₦ | + 71% | |
| 1 kg (2 lb.) of tomatoes | 2,000 Franc (1,399 ₦) | 598 ₦ | + 134% | |
| 500 gr (16 oz.) of local cheese | - | 3,269 ₦ | - | |
| 1 kg (2 lb.) of apples | 2,500 Franc (1,748 ₦) | 847 ₦ | + 107% | |
| 1 kg (2 lb.) of potatoes | 2,000 Franc (1,399 ₦) | 849 ₦ | + 65% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 500 Franc (350 ₦) | 440 ₦ | - 21% | |
| 1 bottle of red table wine, good quality | 5,489 Franc (3,839 ₦) | 3,002 ₦ | + 28% | |
| 2 liters of coca-cola | 1,673 Franc (1,170 ₦) | 332 ₦ | + 253% | |
| Bread for 2 people for 1 day | 500 Franc (350 ₦) | 370 ₦ | - 5% | |
| Housing | + 58% | |||
| Housing in Equatorial Guinea is 58% more expensive than in Nigeria | ||||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 603,508 Franc (422,063 ₦) | 544,026 ₦ | - 22% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 305,262 Franc (213,485 ₦) | 225,108 ₦ | - 5% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 100,000 Franc (69,935 ₦) | 46,145 ₦ | + 52% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 745,094 Franc (521,081 ₦) | 125,257 ₦ | + 316% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 350,000 Franc (244,772 ₦) | 212,528 ₦ | + 15% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 200,000 Franc (139,870 ₦) | 21,205 ₦ | + 560% | |
| Internet 8 mbps (1 month) | 24,715 Franc (17,284 ₦) | 12,000 ₦ | + 44% | |
| 40” flat screen tv | 300,000 Franc (209,805 ₦) | 101,717 ₦ | + 106% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 135,526 Franc (94,780 ₦) | 32,387 ₦ | + 193% | |
| Laundry detergent (3 l. ~ 100 oz.) | 2,031 Franc (1,420 ₦) | 1,607 ₦ | - 12% | |
| Hourly rate for cleaning help | 1,375 Franc (962 ₦) | 1,000 ₦ | - 4% | |
| Clothes | + 215% | |||
| Clothes in Equatorial Guinea is 215% more expensive than in Nigeria | ||||
| 1 pair of jeans (levis 501 or similar) | 50,000 Franc (34,967 ₦) | 6,646 ₦ | + 426% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 60,000 Franc (41,961 ₦) | 13,358 ₦ | + 214% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 55,000 Franc (38,464 ₦) | 20,347 ₦ | + 89% | |
| 1 pair of men’s leather business shoes | 70,000 Franc (48,954 ₦) | 20,625 ₦ | + 137% | |
| Transportation | + 26% | |||
| Transportation in Equatorial Guinea is 26% more expensive than in Nigeria | ||||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 3,500,000 Franc (2,447,723 ₦) | 7,702,020 ₦ | - 68% | |
| 1 liter (1/4 gallon) of gas | 884 Franc (618 ₦) | 154 ₦ | + 302% | |
| Monthly ticket public transport | 30,000 Franc (20,980 ₦) | 14,469 ₦ | + 45% | |
| Personal Care | + 51% | |||
| Personal Care in Equatorial Guinea is 51% more expensive than in Nigeria | ||||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 9,000 Franc (6,294 ₦) | 1,669 ₦ | + 277% | |
| 1 box of antibiotics (12 doses) | 6,000 Franc (4,196 ₦) | 2,713 ₦ | + 55% | |
| Short visit to private doctor (15 minutes) | 10,000 Franc (6,993 ₦) | 17,133 ₦ | - 59% | |
| 1 box of 32 tampons (tampax, ob, ...) | - | 1,323 ₦ | - | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 3,125 Franc (2,185 ₦) | 920 ₦ | + 138% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 2,700 Franc (1,888 ₦) | 1,753 ₦ | + 8% | |
| 4 rolls of toilet paper | 1,000 Franc (699 ₦) | 441 ₦ | + 59% | |
| Tube of toothpaste | - | 510 ₦ | - | |
| Standard men's haircut in expat area of the city | 8,434 Franc (5,899 ₦) | 2,472 ₦ | + 139% | |
| Entertainment | + 62% | |||
| Entertainment in Equatorial Guinea is 62% more expensive than in Nigeria | ||||
| Basic dinner out for two in neighborhood pub | 15,000 Franc (10,490 ₦) | 5,838 ₦ | + 80% | |
| 2 tickets to the movies | - | 4,450 ₦ | - | |
| 2 tickets to the theater (best available seats) | - | 17,051 ₦ | - | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 25,285 Franc (17,683 ₦) | 29,667 ₦ | - 40% | |
| 1 cocktail drink in downtown club | 5,000 Franc (3,497 ₦) | 2,510 ₦ | + 39% | |
| Cappuccino in expat area of the city | 1,500 Franc (1,049 ₦) | 1,843 ₦ | - 43% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | - | 400 ₦ | - | |
| Ipad wi-fi 128gb | - | 141,264 ₦ | - | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 371 Franc (259 ₦) | 35 ₦ | + 637% | |
| 1 month of gym membership in business district | 49,823 Franc (34,844 ₦) | 17,955 ₦ | + 94% | |
| 1 package of marlboro cigarettes | 1,000 Franc (699 ₦) | 541 ₦ | + 29% | |
| TOTAL | + 59% | |||
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 634 prices entered by 58 different people.
These prices were last updated on April 28, 2021.
Exchange rate:
0.699
NGN
/
XAF
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Cost of living in Equatorial Guinea is 59% more expensive than in Nigeria
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