Equatorial Guinea vs Nigeria - Cost of Living Comparison

Updated:

Livingcost

Equatorial Guinea Nigeria
🚶 Cost of living one person
$1193
$902
👨‍👩‍👧‍👦 Cost of living Family
$2785
$1932
🏠 One person rent
$519
$518
🏘️ Family rent
$860
$851
🍽️ Food expenses
$508
$228
🚐 Transport expenses
$52.5
$111
💳 Monthly salary after tax
$808
$129
💸 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
26
8
🏙️ Population
1.85M
211M

The average cost of living in Equatorial Guinea ($1193) is 32% more expensive than in Nigeria ($902). Equatorial Guinea ranked 63rd vs 110th 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 0.7 months in Equatorial Guinea compared to 0.1 months in Nigeria. Ranked 156th and 192nd 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
$13.3
$2.7
🥂 Dinner in a Restaurant, for 2
$55.4
$32.3
🥪 Fast food meal, equiv. McDonald's
$9.99
$5.02
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$3.11
$0.89
 Cappuccino
$4.75
$2.28
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$0.96
$0.38
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$472
$616
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$255
$437
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$889
$1818
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$621
$1005
🔌 Utility Bill one person, electricity, heating, water, etc.
$202
$20.1
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$309
$30.8
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$17.8
$25
🏦 Mortgage Interest Rate for 20 Years
6.85%
16.99%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$859
$1319
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$655
$1165
Transportation
🚌 Local transport ticket
$1.34
$0.58
🎟️ Monthly ticket local transport
$40.5
$26.4
🚕 Taxi Ride, 8 km or 5 mi
$8.02
$13.7
 Gas / Petrol, 1 L or 0.26 gal
$1.14
$0.58
Groceries
🥛 Milk, 1 L or 1 qt
$2.65
$1.92
🍞 Bread, 0.5 kg or 1.1 lb
$2.89
$1.15
🍚 Rice, 1 kg or 2.2 lb
$2.37
$1.96
🥚 Eggs, x12
$3
$1.84
🧀 Cheese, 1 kg or 2.2 lb
$9.93
$4.67
🐔 Chicken Breast, 1 kg or 2.2 lb
$6.96
$3.92
🥩 Round Steak, 1 kg or 2.2 lb
$8.39
$4.85
🍏 Apples, 1 kg or 2.2 lb
$6.38
$3.2
🍌 Banana, 1 kg or 2.2 lb
$1.78
$2.22
🍊 Oranges, 1 kg or 2.2 lb
$7.14
$1.8
🍅 Tomato, 1 kg or 2.2 lb
$4.48
$1.75
🥔 Potato, 1 kg or 2.2 lb
$3.32
$1.72
🧅 Onion, 1 kg or 2.2 lb
$3.11
$1.94
🌊 Water, 1 L or 1 qt
$1.24
$0.38
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.79
$0.63
🍾 Wine (mid-priced), 750 mL bottle
$11.2
$3.6
🍺 Beer, 0.5 L or 16 fl oz
$2
$0.75
🚬 Cigarette pack
$3.91
$1.45
💊 Cold medicince, 1 week
$6.3
$1.83
🧴 Hair Shampoo
$5.98
$1.22
🧻 Toilet paper, 4 rolls
$2.24
$0.72
👄 Toothpaste, 1 tube
$2.92
$0.52
Other
🏋️ Gym Membership, 1 month
$72.8
$28.2
🎫 Cinema Ticket, 1 person
$5.47
$4.99
👩‍⚕️ Doctor's visit
$27
$8.63
💇 Haircut, simple
$12
$1.94
👖 Brand Jeans
$57.1
$17.9
👟 Brand Sneakers
$151
$57.8
👶 Daycare or Preschool, 1 month
$205
$86.5
🏫 International Primary School, 1 year
$5558
$1813

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
$1132
297K
Bata
$1256
290K

In Nigeria

City Cost of living Population
Lagos
$1185
15.1M
Kano
$549
4.35M
Abuja
$1494
1.69M
Ibadan
$761
2.55M
Port Harcourt
$681
3.33M
Benin
$633
1.78M
Onitsha
$1064
1.48M
Maiduguri
$628
1.2M
Kaduna
$401
760K
Enugu
$480
1.03M
Ilorin
$521
848K
Bauchi
$767
694K
Akure
$654
848K
Aba
$679
1.16M
Ife
$779
502K
Owerri
$1774
908K
Jos
$826
623K
Gusau
$598
383K
Zaria
$542
408K
Minna
$756
322K
Katsina
$586
318K
Abeokuta
$1009
889K
Ado Ekiti
$649
447K
Sokoto
$437
428K
Oyo
$681
387K
Calabar
$390
371K
Umuahia
$956
359K
Awka
$866
302K
Warri
$925
363K
Owo
$669
222K