Equatorial Guinea vs Nigeria - Cost of Living Comparison

Updated:

Livingcost

Equatorial Guinea Nigeria
🚶 Cost of living one person
$1328
$879
👨‍👩‍👧‍👦 Cost of living Family
$2975
$1884
🏠 One person rent
$653
$499
🏘️ Family rent
$1044
$813
🍽️ Food expenses
$503
$227
🚐 Transport expenses
$51.5
$108
💳 Monthly salary after tax
$366
$85
💸 GDP per capita
$6745
$807
😃 Human freedom index
6.6
5.61
❤️ Life expectancy
63.7
54.5
👮 Corruption perceptions index
13
26
🌐 English speaking %
1%
60.6%
🎓 Higher education
9
61
😀 Quality of life
27
13
🏙️ Population
1.89M
233M

The average cost of living in Equatorial Guinea ($1328) is 51% more expensive than in Nigeria ($879). Equatorial Guinea ranked 49th vs 114th for Nigeria in the list of the most expensive countries in the world.

The average after-tax salary is enough to cover living expenses for 0.3 months in Equatorial Guinea compared to 0.1 months in Nigeria. Ranked 165th and 188th best countries to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Equatorial Guinea vs Nigeria infographic

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Prices in Equatorial Guinea vs Nigeria

We calculate prices for Equatorial Guinea and Nigeria as a population-weighted mean of 2 and 33 cities, respectively. Since large cities tend to have a higher cost of living, it's better to visit specific city pages below for more relevant information.

Equatorial Guinea Nigeria
Eating Out
🍱 Lunch Menu
$13.1
$2.69
🥂 Dinner in a Restaurant, for 2
$54.9
$33.1
🥪 Fast food meal, equiv. McDonald's
$9.94
$4.5
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$3.06
$0.98
 Cappuccino
$4.74
$2.26
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$0.95
$0.44
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$689
$576
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$373
$418
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$901
$1753
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$818
$1082
🔌 Utility Bill one person, electricity, heating, water, etc.
$199
$22.4
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$306
$34.3
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$17.7
$26.6
🏦 Mortgage Interest Rate for 20 Years
6.83%
19.64%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$846
$1323
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$644
$1239
Transportation
🚌 Local transport ticket
$1.33
$0.59
🎟️ Monthly ticket local transport
$39.4
$27.4
🚕 Taxi Ride, 8 km or 5 mi
$7.92
$12.8
 Gas / Petrol, 1 L or 0.26 gal
$1.12
$0.6
Groceries
🥛 Milk, 1 L or 1 qt
$2.61
$2.17
🍞 Bread, 0.5 kg or 1.1 lb
$2.88
$1.16
🍚 Rice, 1 kg or 2.2 lb
$2.34
$1.84
🥚 Eggs, x12
$2.96
$1.78
🧀 Cheese, 1 kg or 2.2 lb
$9.89
$5.03
🐔 Chicken Breast, 1 kg or 2.2 lb
$6.87
$3.96
🥩 Round Steak, 1 kg or 2.2 lb
$8.35
$4.78
🍏 Apples, 1 kg or 2.2 lb
$6.3
$2.84
🍌 Banana, 1 kg or 2.2 lb
$1.76
$2.06
🍊 Oranges, 1 kg or 2.2 lb
$7.06
$1.82
🍅 Tomato, 1 kg or 2.2 lb
$4.46
$1.77
🥔 Potato, 1 kg or 2.2 lb
$3.26
$1.79
🧅 Onion, 1 kg or 2.2 lb
$3.07
$2
🌊 Water, 1 L or 1 qt
$1.23
$0.39
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.75
$0.71
🍾 Wine (mid-priced), 750 mL bottle
$10.5
$3.74
🍺 Beer, 0.5 L or 16 fl oz
$1.98
$0.76
🚬 Cigarette pack
$3.88
$1.39
💊 Cold medicince, 1 week
$6.16
$1.92
🧴 Hair Shampoo
$5.97
$1.26
🧻 Toilet paper, 4 rolls
$2.23
$0.81
👄 Toothpaste, 1 tube
$2.86
$0.75
Other
🏋️ Gym Membership, 1 month
$72.3
$28.5
🎫 Cinema Ticket, 1 person
$5.39
$5.12
👩‍⚕️ Doctor's visit
$26.9
$9.39
💇 Haircut, simple
$12.1
$1.66
👖 Brand Jeans
$86.1
$18.5
👟 Brand Sneakers
$149
$59.3
👶 Daycare or Preschool, 1 month
$196
$85.4
🏫 International Primary School, 1 year
$5474
$1849

Cost of living in other countries

Cost of living

Cities Comparison in Equatorial Guinea vs Nigeria

More countries to compare

Cost of Living in Popular cities

In Equatorial Guinea

City Cost of living Population
Malabo
$1413
297K
Bata
$1241
290K

In Nigeria

City Cost of living Population
Lagos
$1102
15.1M
Kano
$563
4.35M
Ibadan
$752
2.55M
Port Harcourt
$676
3.33M
Abuja
$1514
1.69M
Benin
$632
1.78M
Onitsha
$1051
1.48M
Akure
$644
848K
Enugu
$563
1.03M
Ilorin
$526
848K
Kaduna
$393
760K
Aba
$674
1.16M
Maiduguri
$618
1.2M
Bauchi
$781
694K
Owerri
$1774
908K
Ado Ekiti
$642
447K
Abeokuta
$1013
889K
Oyo
$664
387K
Zaria
$652
408K
Jos
$810
623K
Gusau
$638
383K
Minna
$852
322K
Warri
$926
363K
Katsina
$618
318K
Ife
$778
502K
Sokoto
$466
428K
Owo
$664
222K
Osogbo
$705
202K
Umuahia
$961
359K
Calabar
$397
371K