Equatorial Guinea vs Nigeria - Cost of Living Comparison

Updated:

Livingcost

Equatorial Guinea Nigeria
🚶 Cost of living one person
$1004
$870
👨‍👩‍👧‍👦 Cost of living Family
$2527
$2222
🏠 One person rent
$344
$479
🏘️ Family rent
$678
$1124
🍽️ Food expenses
$501
$233
🚐 Transport expenses
$49
$109
💳 Monthly salary after tax
$550
$143
💸 GDP per capita
$7067
$1621
😃 Human freedom index
6.6
5.96
❤️ Life expectancy
61.2
53.6
👮 Corruption perceptions index
17
25
🌐 English speaking %
1%
60.6%
🎓 Higher education
9
61
😀 Quality of life
23
11
🏙️ Population
1.27M
211M

The average cost of living in Equatorial Guinea ($1004) is 15% more expensive than in Nigeria ($870). Equatorial Guinea ranked 84th vs 108th 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 0.5 months in Equatorial Guinea compared to 0.2 months in Nigeria. Ranked 161st and 189th 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
$14.5
$2.75
🥂 Dinner in a Restaurant, for 2
$44.2
$29.3
🥪 Fast food meal, equiv. McDonald's
$14.1
$5.45
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.31
$0.95
 Cappuccino
$5.6
$2.31
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.34
$0.4
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$336
$578
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$184
$397
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$740
$1608
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$426
$933
🔌 Utility Bill one person, electricity, heating, water, etc.
$113
$17.7
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$172
$27.1
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$17.1
$28.5
🏦 Mortgage Interest Rate for 20 Years
6.76%
17.73%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$846
$1130
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$642
$670
Transportation
🚌 Local transport ticket
$1.28
$0.55
🎟️ Monthly ticket local transport
$38.7
$24
🚕 Taxi Ride, 8 km or 5 mi
$7.61
$13.5
 Gas / Petrol, 1 L or 0.26 gal
$0.94
$0.59
Groceries
🥛 Milk, 1 L or 1 qt
$2.51
$2.21
🍞 Bread, 0.5 kg or 1.1 lb
$3.08
$1.25
🍚 Rice, 1 kg or 2.2 lb
$1.99
$1.9
🥚 Eggs, x12
$2.65
$1.92
🧀 Cheese, 1 kg or 2.2 lb
$9.72
$4.08
🐔 Chicken Breast, 1 kg or 2.2 lb
$6.77
$4.18
🥩 Round Steak, 1 kg or 2.2 lb
$8.16
$5.35
🍏 Apples, 1 kg or 2.2 lb
$5.72
$3.11
🍌 Banana, 1 kg or 2.2 lb
$2.57
$2.31
🍊 Oranges, 1 kg or 2.2 lb
$5.96
$1.9
🍅 Tomato, 1 kg or 2.2 lb
$3.46
$1.92
🥔 Potato, 1 kg or 2.2 lb
$3.78
$1.75
🧅 Onion, 1 kg or 2.2 lb
$2.99
$1.84
🌊 Water, 1 L or 1 qt
$1.12
$0.4
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.48
$0.53
🍾 Wine (mid-priced), 750 mL bottle
$6.2
$4.87
🍺 Beer, 0.5 L or 16 fl oz
$1.99
$0.93
🚬 Cigarette pack
$4.26
$1.42
💊 Cold medicince, 1 week
$5.89
$1.65
🧴 Hair Shampoo
$4.22
$1.1
🧻 Toilet paper, 4 rolls
$1.98
$0.55
👄 Toothpaste, 1 tube
$3.06
$0.47
Other
🏋️ Gym Membership, 1 month
$78.9
$32
🎫 Cinema Ticket, 1 person
$5.41
$5.33
👩‍⚕️ Doctor's visit
$29.6
$8.3
💇 Haircut, simple
$9.59
$1.71
👖 Brand Jeans
$54.2
$19.4
👟 Brand Sneakers
$144
$67.4
👶 Daycare or Preschool, 1 month
$68.3
$89.5
🏫 International Primary School, 1 year
$5690
$1903

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
Bata
$1201
290K
Malabo
$812
297K

In Nigeria

City Cost of living Population
Lagos
$1133
15.1M
Kano
$583
4.35M
Abuja
$1262
1.57M
Ibadan
$759
2.55M
Port Harcourt
$651
3.33M
Onitsha
$1036
1.48M
Maiduguri
$584
1.2M
Kaduna
$377
760K
Benin
$537
1.15M
Enugu
$469
1.03M
Ilorin
$526
848K
Bauchi
$735
694K
Ife
$774
502K
Akure
$635
848K
Owerri
$1686
908K
Aba
$638
1.16M
Abeokuta
$1019
889K
Jos
$757
623K
Gusau
$605
383K
Zaria
$621
408K
Minna
$787
322K
Katsina
$596
318K
Ado Ekiti
$681
447K
Sokoto
$453
428K
Oyo
$699
387K
Calabar
$374
371K
Umuahia
$906
359K
Awka
$846
302K
Warri
$886
363K
Owo
$658
222K