Cost of living comparison
Nigeria is 27.9% more expensive than Equatorial Guinea.
If you lived in Nigeria instead of Equatorial Guinea, you would:
pay 71.2% less for restaurants
|
Equatorial Guinea
|
Nigeria
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$13.07
FCFA8,164
|
$2.61
NGN4,041.36
|
|
|
Fast food combo meal
McDonalds, or similar
|
$12.25
FCFA7,654
|
$5.61
NGN8,679.44
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.23
FCFA765
|
$0.38
NGN588.71
|
|
| Bottle of water (11 fl. oz) |
$1.23
FCFA765
|
$0.23
NGN350.28
|
|
pay 40.7% less for groceries
|
Equatorial Guinea
|
Nigeria
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.24
FCFA2,025
|
$1.27
NGN1,962.20
|
|
| Local cheese (8 oz) |
$3.37
FCFA2,102
|
$2.51
NGN3,891.89
|
|
| Milk (1 gallon) |
$9.69
FCFA6,052
|
$9.86
NGN15,262.59
|
|
|
Eggs
1 dozen
|
$2.94
FCFA1,837
|
$1.87
NGN2,900.97
|
|
| Boneless chicken breast (1 lb) |
$3.10
FCFA1,936
|
$2.04
NGN3,150.84
|
|
| Apples (1 lb) |
$2.22
FCFA1,389
|
$1.75
NGN2,706.63
|
|
| Bananas (1 lb) |
$1.48
FCFA926
|
$0.90
NGN1,397.59
|
|
| Oranges (1 lb) |
$2.22
FCFA1,389
|
$0.73
NGN1,134.39
|
|
| Tomatoes (1 lb) |
$1.48
FCFA926
|
$0.79
NGN1,219.68
|
|
| Potatoes (1 lb) |
$1.85
FCFA1,157
|
$0.82
NGN1,266.29
|
|
| Onions (1 lb) |
$2.22
FCFA1,389
|
$0.83
NGN1,291.87
|
|
pay 9.1% more for transportation
|
Equatorial Guinea
|
Nigeria
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.09
FCFA1,932
|
$2.41
NGN3,729.32
|
|
| Monthly public transit pass |
$26.38
FCFA16,477
|
$36.26
NGN56,127.34
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$33,034.81
FCFA20,633,606
|
$16,757.94
NGN25,943,134.85
|
|
| Taxi trip in downtown area (5 miles) |
$7.35
FCFA4,592
|
$12.54
NGN19,409.47
|
|
pay 2.5 times more for housing
|
Equatorial Guinea
|
Nigeria
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$16.34
FCFA10,205
|
$29.99
NGN46,434.62
|
|
| 1-Bedroom apartment in downtown area |
$204.24
FCFA127,567
|
$731.80
NGN1,132,907.70
|
|
| 1-Bedroom apartment outside city center |
$114.37
FCFA71,437
|
$456.14
NGN706,159.49
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$41.86
FCFA26,144
|
$18.28
NGN28,302.11
|
|
pay 3.4 times more for childcare
|
Equatorial Guinea
|
Nigeria
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$65.36
FCFA40,821
|
$85.98
NGN133,110.26
|
|
| Middle school for 1 child, two semesters |
$326.78
FCFA204,106
|
$1,787.42
NGN2,767,129.87
|
|
pay 35.7% less for entertainment and sports
|
Equatorial Guinea
|
Nigeria
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.63
FCFA1,021
|
$0.91
NGN1,401.65
|
|
| Cappuccino in mid-range area |
$5.72
FCFA3,572
|
$2.04
NGN3,151.59
|
|
|
Pack of cigarettes
Marlboro or similar
|
$4.52
FCFA2,822
|
$1.60
NGN2,476.08
|
|
| Monthly membership at local gym |
$49.02
FCFA30,616
|
$36.79
NGN56,957.18
|
|
| Movie ticket to theater/cinema |
$5.39
FCFA3,364
|
$6.47
NGN10,011.47
|
|
pay 51.4% less for clothing
|
Equatorial Guinea
|
Nigeria
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$24.51
FCFA15,308
|
$17.81
NGN27,577.25
|
|
|
Regular dress
from H&M or similar store
|
$102.12
FCFA63,783
|
$28.83
NGN44,638.63
|
|
|
Running shoes
Nike or Adidas
|
$245.08
FCFA153,080
|
$57.22
NGN88,579.44
|
|
| Men's business shoes (leather) |
$81.69
FCFA51,027
|
$57.36
NGN88,804.88
|
|
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