Lagos vs Malabo - Cost of Living Comparison

Updated:

Livingcost

Lagos Malabo
🚶 Cost of living one person
$1113
$741
👨‍👩‍👧‍👦 Cost of living Family
$3096
$2145
🏠 One person rent
$598
$149
🏘️ Family rent
$1649
$471
🍽️ Food expenses
$280
$461
🚐 Transport expenses
$183
$40.3
💳 Monthly salary after tax
$162
$317
😷 Air quality
Moderate
Moderate
✈️ Airport proximity
17 km
7 km
🎓 Higher education
47
8
😀 Quality of life
40
33
🏙️ Population
15.1M
297K

The cost of living in Lagos is 50% more expensive than in Malabo. Cities ranked 4761st and 6716th ($1113 vs $741) in the list of the most expensive cities in the world and ranked 3rd and 2nd in Nigeria and Equatorial Guinea, respectively. Check Nigeria vs Equatorial Guinea comparison.

The average after-tax salary is enough to cover living expenses for 0.1 months in Lagos compared to 0.4 months in Malabo. Lagos ranked 1st best city to live in Nigeria vs Malabo ranked 1st in Equatorial Guinea, while ranked 6935th and 7709th among best cities to live in the world.

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Cost of living in Lagos vs Malabo infographic

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Prices in Lagos vs Malabo

Prices for goods and services in Lagos and Malabo are partly crowdsourced by our visitors, just like yourself. Please consider telling us about your city.

Lagos Malabo
Eating Out
🍱 Lunch Menu
$2.72
$12.9
🥂 Dinner in a Restaurant, for 2
$49.5
$51.4
🥪 Fast food meal, equiv. McDonald's
$8.3
$12
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$0.78
$1.59
 Cappuccino
$2.15
$5.61
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$0.37
$1.21
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$870
$179
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$451
$101
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$2294
$720
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1391
$357
🔌 Utility Bill one person, electricity, heating, water, etc.
$28.2
$16.8
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$42.8
$25.4
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$34.8
$16
🏦 Mortgage Interest Rate for 20 Years
16.28%
6.81%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1797
$856
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1310
$650
Transportation
🚌 Local transport ticket
$0.65
$1.2
🎟️ Monthly ticket local transport
$36.1
$26.3
🚕 Taxi Ride, 8 km or 5 mi
$18.7
$7.17
 Gas / Petrol, 1 L or 0.26 gal
$0.74
$0.8
Groceries
🥛 Milk, 1 L or 1 qt
$2.69
$2.49
🍞 Bread, 0.5 kg or 1.1 lb
$1.47
$3.2
🍚 Rice, 1 kg or 2.2 lb
$2.03
$1.6
🥚 Eggs, x12
$1.96
$2.87
🧀 Cheese, 1 kg or 2.2 lb
$5.75
$6.69
🐔 Chicken Breast, 1 kg or 2.2 lb
$4.68
$6.91
🥩 Round Steak, 1 kg or 2.2 lb
$5.01
$7.3
🍏 Apples, 1 kg or 2.2 lb
$3.68
$4.83
🍌 Banana, 1 kg or 2.2 lb
$2.42
$3.16
🍊 Oranges, 1 kg or 2.2 lb
$1.9
$4.78
🍅 Tomato, 1 kg or 2.2 lb
$2.38
$3.16
🥔 Potato, 1 kg or 2.2 lb
$2.12
$4.03
🧅 Onion, 1 kg or 2.2 lb
$1.9
$2.78
🌊 Water, 1 L or 1 qt
$0.32
$0.65
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$0.56
$2.38
🍾 Wine (mid-priced), 750 mL bottle
$4.82
$4.76
🍺 Beer, 0.5 L or 16 fl oz
$0.76
$1.43
🚬 Cigarette pack
$1.28
$4.52
💊 Cold medicince, 1 week
$1.45
$5.49
🧴 Hair Shampoo
$1.15
$5.45
🧻 Toilet paper, 4 rolls
$0.46
$1.79
👄 Toothpaste, 1 tube
$0.5
$2.57
Other
🏋️ Gym Membership, 1 month
$31.3
$47.9
🎫 Cinema Ticket, 1 person
$6.43
$5.36
👩‍⚕️ Doctor's visit
$11.1
$24.2
💇 Haircut, simple
$2.24
$11.2
👖 Brand Jeans
$22.1
$23.9
👟 Brand Sneakers
$64.8
$135
👶 Daycare or Preschool, 1 month
$83.2
$64.1
🏫 International Primary School, 1 year
$2289
$5445

Cost of living in other countries

LagosMalabo

Cost of living

More cities to compare

Cost of Living in the nearest cities

Cities near Lagos

Distance City Cost of living
78 km or 48 mi Abeokuta
$1030
87 km or 54 mi Porto-Novo
$670
109 km or 68 mi Cotonou
$709
120 km or 74 mi Ibadan
$776
165 km or 102 mi Oyo
$677
171 km or 106 mi Ife
$779
176 km or 109 mi Abomey
$590
195 km or 121 mi Osogbo
$695
203 km or 126 mi Save
$613
217 km or 135 mi Akure
$634
239 km or 148 mi Ado Ekiti
$666
243 km or 151 mi Lome
$755
245 km or 152 mi Benin
$558
254 km or 158 mi Owo
$651
261 km or 162 mi Ilorin
$535
278 km or 173 mi Atakpame
$647
280 km or 174 mi Warri
$881
310 km or 193 mi Kpalime
$632
324 km or 201 mi Ho
$354
332 km or 206 mi Hohoe
$575
355 km or 221 mi Sotouboua
$649
375 km or 233 mi Onitsha
$972
376 km or 234 mi Sokode
$651
388 km or 241 mi Tema
$553
389 km or 242 mi Ashaiman
$560
406 km or 252 mi Awka
$805
407 km or 253 mi Koforidua
$588
408 km or 253 mi Accra
$729
416 km or 258 mi Owerri
$1611
422 km or 262 mi Kara
$658
441 km or 274 mi Port Harcourt
$679
452 km or 281 mi Enugu
$462
463 km or 288 mi Umuahia
$883
463 km or 288 mi Aba
$621
495 km or 307 mi Minna
$743
536 km or 333 mi Abuja
$1502
555 km or 345 mi Kumasi
$433
562 km or 350 mi Obuasi
$551
570 km or 354 mi Calabar
$384
572 km or 356 mi Tamale
$507

Cities near Malabo

Distance City Cost of living
57 km or 36 mi Limbe
$655
69 km or 43 mi Buea
$601
108 km or 67 mi Douala
$1265
123 km or 77 mi Kumba
$764
142 km or 88 mi Calabar
$384
218 km or 135 mi Aba
$621
226 km or 140 mi Port Harcourt
$679
238 km or 148 mi Bata
$1121
244 km or 152 mi Umuahia
$883
264 km or 164 mi Bafoussam
$555
273 km or 169 mi Owerri
$1611
287 km or 179 mi Bamenda
$553
305 km or 189 mi Yaounde
$747
331 km or 206 mi Enugu
$462
331 km or 206 mi Awka
$805
347 km or 216 mi Onitsha
$972
381 km or 237 mi Libreville
$668
388 km or 241 mi Warri
$881
443 km or 275 mi Sao Tome
$900
450 km or 279 mi Trindade
$900
451 km or 281 mi Benin
$558
497 km or 309 mi Port-Gentil
$625
520 km or 323 mi Owo
$651
555 km or 345 mi Akure
$634
583 km or 362 mi Ado Ekiti
$666
606 km or 377 mi Abuja
$1502
622 km or 387 mi Ife
$779
645 km or 401 mi Osogbo
$695
664 km or 413 mi Ngaoundere
$527
666 km or 414 mi Lagos
$1113
673 km or 418 mi Ibadan
$776
687 km or 427 mi Jos
$820
696 km or 433 mi Minna
$743
702 km or 436 mi Oyo
$677
705 km or 438 mi Ilorin
$535
709 km or 441 mi Abeokuta
$1030
739 km or 459 mi Bauchi
$759
746 km or 464 mi Porto-Novo
$670
762 km or 473 mi Cotonou
$709
767 km or 477 mi Kaduna
$371