Cost of living in Equatorial Guinea compared to Nigeria
Currency:
| Food | + 184% | |||
|---|---|---|---|---|
| Food in Equatorial Guinea is 184% more expensive than in Nigeria | ||||
| Equatorial Guinea | Nigeria | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | 10,000 Franc (28,083 ₦) | 6,197 ₦ | + 353% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 5,000 Franc (14,041 ₦) | 4,250 ₦ | + 230% | |
| 500 gr (1 lb.) of boneless chicken breast | 1,750 Franc (4,914 ₦) | 3,207 ₦ | + 53% | |
| 1 liter (1 qt.) of whole fat milk | 1,200 Franc (3,370 ₦) | 1,209 ₦ | + 179% | |
| 12 eggs, large | 1,200 Franc (3,370 ₦) | 2,479 ₦ | + 36% | |
| 1 kg (2 lb.) of tomatoes | 1,500 Franc (4,212 ₦) | 1,495 ₦ | + 182% | |
| 500 gr (16 oz.) of local cheese | 6,000 Franc (16,850 ₦) | 5,933 ₦ | + 184% | |
| 1 kg (2 lb.) of apples | 3,428 Franc (9,626 ₦) | 3,488 ₦ | + 176% | |
| 1 kg (2 lb.) of potatoes | 2,572 Franc (7,224 ₦) | 2,733 ₦ | + 164% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 500 Franc (1,404 ₦) | 1,037 ₦ | + 35% | |
| 1 bottle of red table wine, good quality | 10,000 Franc (28,083 ₦) | 9,593 ₦ | + 193% | |
| 2 liters of coca-cola | 2,000 Franc (5,617 ₦) | 1,084 ₦ | + 418% | |
| Bread for 2 people for 1 day | 1,000 Franc (2,808 ₦) | 1,323 ₦ | + 112% | |
| Housing | + 132% | |||
| Housing in Equatorial Guinea is 132% more expensive than in Nigeria | ||||
| Equatorial Guinea | Nigeria | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 708,036 Franc (1,988,346 ₦) | 2,222,680 ₦ | - 11% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 600,000 Franc (1,684,953 ₦) | 1,328,290 ₦ | + 27% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 200,000 Franc (561,651 ₦) | 153,894 ₦ | + 265% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 300,000 Franc (842,477 ₦) | 844,148 ₦ | - 0% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 400,000 Franc (1,123,302 ₦) | 754,176 ₦ | + 49% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 100,000 Franc (280,826 ₦) | 240,561 ₦ | + 17% | |
| Internet 8 mbps (1 month) | 100,000 Franc (280,826 ₦) | 28,675 ₦ | + 879% | |
| 40” flat screen tv | 600,000 Franc (1,684,953 ₦) | 387,079 ₦ | + 335% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 115,000 Franc (322,949 ₦) | 126,450 ₦ | + 155% | |
| Laundry detergent (3 l. ~ 100 oz.) | 11,250 Franc (31,593 ₦) | 2,193 ₦ | + 1341% | |
| Hourly rate for cleaning help | 7,000 Franc (19,658 ₦) | 2,985 ₦ | + 558% | |
| Clothes | + 557% | |||
| Clothes in Equatorial Guinea is 557% more expensive than in Nigeria | ||||
| Equatorial Guinea | Nigeria | Diff | ||
| 1 pair of jeans (levis 501 or similar) | 60,000 Franc (168,495 ₦) | 17,024 ₦ | + 890% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 30,689 Franc (86,183 ₦) | 15,682 ₦ | + 450% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 80,000 Franc (224,660 ₦) | 45,968 ₦ | + 389% | |
| 1 pair of men’s leather business shoes | 120,000 Franc (336,991 ₦) | 50,000 ₦ | + 574% | |
| Transportation | + 26% | |||
| Transportation in Equatorial Guinea is 26% more expensive than in Nigeria | ||||
| Equatorial Guinea | Nigeria | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 9,000,000 Franc (25,274,301 ₦) | 5,000,000 ₦ | + 405% | |
| 1 liter (1/4 gallon) of gas | 470 Franc (1,320 ₦) | 1,034 ₦ | + 28% | |
| Monthly ticket public transport | - | 34,491 ₦ | - | |
| Personal Care | + 194% | |||
| Personal Care in Equatorial Guinea is 194% more expensive than in Nigeria | ||||
| Equatorial Guinea | Nigeria | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 3,000 Franc (8,425 ₦) | 4,044 ₦ | + 108% | |
| 1 box of antibiotics (12 doses) | 4,000 Franc (11,233 ₦) | 1,768 ₦ | + 535% | |
| Short visit to private doctor (15 minutes) | 15,000 Franc (42,124 ₦) | 17,619 ₦ | + 139% | |
| 1 box of 32 tampons (tampax, ob, ...) | 4,000 Franc (11,233 ₦) | 4,474 ₦ | + 151% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 2,500 Franc (7,021 ₦) | 1,749 ₦ | + 301% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 4,000 Franc (11,233 ₦) | 3,834 ₦ | + 193% | |
| 4 rolls of toilet paper | 1,500 Franc (4,212 ₦) | 2,923 ₦ | + 44% | |
| Tube of toothpaste | 1,500 Franc (4,212 ₦) | 1,338 ₦ | + 215% | |
| Standard men's haircut in expat area of the city | 10,000 Franc (28,083 ₦) | 3,631 ₦ | + 673% | |
| Entertainment | + 146% | |||
| Entertainment in Equatorial Guinea is 146% more expensive than in Nigeria | ||||
| Equatorial Guinea | Nigeria | Diff | ||
| Basic dinner out for two in neighborhood pub | 30,000 Franc (84,248 ₦) | 43,872 ₦ | + 92% | |
| 2 tickets to the movies | - | 11,069 ₦ | - | |
| 2 tickets to the theater (best available seats) | - | 15,224 ₦ | - | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 80,000 Franc (224,660 ₦) | 42,055 ₦ | + 434% | |
| 1 cocktail drink in downtown club | 7,000 Franc (19,658 ₦) | 4,541 ₦ | + 333% | |
| Cappuccino in expat area of the city | 2,000 Franc (5,617 ₦) | 3,331 ₦ | + 69% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 1,500 Franc (4,212 ₦) | 1,421 ₦ | + 196% | |
| Ipad wi-fi 128gb | 700,000 Franc (1,965,779 ₦) | 298,218 ₦ | + 559% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 100 Franc (281 ₦) | - | - | |
| 1 month of gym membership in business district | 50,000 Franc (140,413 ₦) | 34,159 ₦ | + 311% | |
| 1 package of marlboro cigarettes | 1,000 Franc (2,808 ₦) | 2,500 ₦ | + 12% | |
| TOTAL | + 134% | |||
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 256 prices entered by 31 different people.
These prices were last updated on March 03, 2025.
Exchange rate:
2.808
NGN
/
XAF
*
Cost of living in Equatorial Guinea is 134% more expensive than in Nigeria
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