Cost of Living in Equatorial Guinea in 2023-2024 (forecast)

Restaurants in Equatorial Guinea

Meal, Inexpensive Restaurant 10.45$ 13.09$ – 21.5$
Meal for 2 People, Mid-range Restaurant, Three-course 43.04$ 43.04$ – 68.27$
McMeal at McDonalds (or Equivalent Combo Meal) 23.02$ 17.82$ – 27.23$
Domestic Beer (0.5 liter draught) 4.1$ 1.84$ – 6.36$
Imported Beer (0.33 liter bottle) 3.2$ 4.53$ – 6.05$
Cappuccino (regular) 5.2$ 4.85$ – 7.73$
Coke/Pepsi (0.33 liter bottle) 2.29$ 1.84$ – 3.68$
Water (0.33 liter bottle) 3.12$ 1.84$ – 2.68$

Markets in Equatorial Guinea

Milk (regular), (1 liter) 0.25$ 3.51$ – 6.36$
Loaf of Fresh White Bread (500g) 1.27$ 3.68$ – 5.36$
Rice (white), (1kg) 1.94$ 2.51$ – 6.05$
Eggs (regular) (12) 0.52$ 2.68$ – 5.04$
Local Cheese (1kg) 6.25$ 10.41$ – 11.09$
Chicken Fillets (1kg) 4.05$ 7.71$ – 11.41$
Beef Round (1kg) (or Equivalent Back Leg Red Meat) 10.29$ 5.2$ – 13.09$
Apples (1kg) 3.73$ 5.2$ – 11.09$
Banana (1kg) 4.52$ 3.68$ – 5.36$
Oranges (1kg) 8.17$ 5.36$ – 11.41$
Tomato (1kg) 0.64$ 3.52$ – 7.2$
Potato (1kg) 7.12$ 4.52$ – 7.71$
Onion (1kg) 5.92$ 4.52$ – 7.05$
Lettuce (1 head) 2.86$ 3.84$ – 2.88$
Water (1.5 liter bottle) 2.66$ 1.84$ – 5.36$
Bottle of Wine (Mid-Range) 4.89$ 5.36$ – 16.45$
Domestic Beer (0.5 liter bottle) 2.36$ 2$ – 1$
Imported Beer (0.33 liter bottle) 1.55$ 3.5$ – 1.59$
Cigarettes 20 Pack (Marlboro) 1.35$ 4.68$ – 6.05$

Transportation in Equatorial Guinea

One-way Ticket (Local Transport) 0.32$ 3.84$ – 4.68$
Monthly Pass (Regular Price) 55.86$ 3$ – 2$
Taxi Start (Normal Tariff) 1.84$ 2.84$ – 1.84$
Taxi 1km (Normal Tariff) 1.16$ 3.84$ – 3.84$
Taxi 1hour Waiting (Normal Tariff) 8.73$ 7.05$ – 11.41$
Gasoline (1 liter) 0.99$ 1.81$ – 3.26$
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 16814.32$ 1$ – 2$
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 30273.18$ 3$ – 3$

Utilities (Monthly) in Equatorial Guinea

Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment 154.36$ 35.63$ – 337.35$
Mobile Phone Monthly Plan with Calls and 10GB+ Data 3$ 2$ – 1$
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 187.99$ 53.45$ – 338.35$

Sports And Leisure in Equatorial Guinea

Fitness Club, Monthly Fee for 1 Adult 85.09$ 36.63$ – 169.17$
Tennis Court Rent (1 Hour on Weekend) 22.23$ 3$ – 1$
Cinema, International Release, 1 Seat 3$ 3$ – 2$

Childcare in Equatorial Guinea

Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 70.27$ 3$ – 3$
International Primary School, Yearly for 1 Child 754.78$ 339.35$ – 1179.21$

Clothing And Shoes in Equatorial Guinea

1 Pair of Jeans (Levis 501 Or Similar) 59.06$ 26.23$ – 77.68$
1 Summer Dress in a Chain Store (Zara, H&M, …) 92.39$ 35.63$ – 127.13$
1 Pair of Nike Running Shoes (Mid-Range) 264.27$ 145.95$ – 381.39$
1 Pair of Men Leather Business Shoes 131.93$ 70.27$ – 171.17$

Rent Per Month in Equatorial Guinea

Apartment (1 bedroom) in City Centre 335.35$ 254.26$ – 423.43$
Apartment (1 bedroom) Outside of Centre 180.38$ 118.72$ – 255.26$
Apartment (3 bedrooms) in City Centre 703.72$ 591.61$ – 927.95$
Apartment (3 bedrooms) Outside of Centre 366.38$ 254.26$ – 507.52$

Buy Apartment Price in Equatorial Guinea

Price per Square Meter to Buy Apartment in City Centre 2$ 2$ – 1$
Price per Square Meter to Buy Apartment Outside of Centre 1$ 1$ – 2$

Salaries And Financing in Equatorial Guinea

Average Monthly Net Salary (After Tax) 547.56$ 3$ – 3$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2$ 3$ – 3$

These data are based on 2950 entries in the past 19 months from 268 different contributors.

Last update: August 2023

Our data for each country is based on all entries from all cities in that country.

Cost Of Living in Equatorial Guinea in 2023

The cost of living in Equatorial Guinea has been on the rise in recent years. Housing costs in major cities like Malabo are quite high, with the average monthly rent for a one-bedroom apartment being around 254$ – 423$. Food prices have also increased, with a standard basket of groceries for a family of four now costing about 900$ per month. Transportation can take a bite out of the average household’s budget too, with bus and metro tickets costing 3$ – 2$ per ride on average. However, some costs are more affordable in Equatorial Guinea, like healthcare which is heavily subsidized. The monthly energy bill for an average sized house comes out to only 35$ – 337$. While salaries have increased moderately, the overall cost of living in Equatorial Guinea still remains relatively high compared to other places. People moving here should factor the rising cost of living into their budgets.

Malabo Weather

Malabo Map

Cost Of Living Rates & Safety Index in Equatorial Guinea