Cost of living comparison
South Korea is 6.5 times more expensive than Equatorial Guinea.
If you lived in South Korea instead of Equatorial Guinea, you would:
pay 31.4% less for restaurants
|
Equatorial Guinea
|
South Korea
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$13.07
FCFA8,221
|
$6.16
₩8,909
|
|
|
Fast food combo meal
McDonalds, or similar
|
$12.25
FCFA7,707
|
$5.24
₩7,578
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.23
FCFA771
|
$1.47
₩2,129
|
|
| Bottle of water (11 fl. oz) |
$1.23
FCFA771
|
$0.79
₩1,145
|
|
pay 9.6% more for groceries
|
Equatorial Guinea
|
South Korea
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.24
FCFA2,039
|
$3.08
₩4,450
|
|
| Local cheese (8 oz) |
$3.37
FCFA2,117
|
$5.40
₩7,817
|
|
| Milk (1 gallon) |
$9.69
FCFA6,094
|
$7.46
₩10,788
|
|
|
Eggs
1 dozen
|
$2.94
FCFA1,850
|
$2.76
₩3,988
|
|
| Boneless chicken breast (1 lb) |
$3.10
FCFA1,949
|
$3.32
₩4,803
|
|
| Apples (1 lb) |
$2.22
FCFA1,398
|
$3.17
₩4,582
|
|
| Bananas (1 lb) |
$1.48
FCFA932
|
$1.49
₩2,153
|
|
| Oranges (1 lb) |
$2.22
FCFA1,398
|
$2.53
₩3,662
|
|
| Tomatoes (1 lb) |
$1.48
FCFA932
|
$2.41
₩3,492
|
|
| Potatoes (1 lb) |
$1.85
FCFA1,165
|
$1.82
₩2,640
|
|
| Onions (1 lb) |
$2.22
FCFA1,398
|
$1.21
₩1,750
|
|
pay 26.7% more for transportation
|
Equatorial Guinea
|
South Korea
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.09
FCFA1,945
|
$4.39
₩6,353
|
|
| Monthly public transit pass |
$26.38
FCFA16,590
|
$45.32
₩65,546
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$33,034.81
FCFA20,776,043
|
$27,023.07
₩39,086,703
|
|
| Taxi trip in downtown area (5 miles) |
$7.35
FCFA4,624
|
$8.17
₩11,820
|
|
pay 2.2 times more for housing
|
Equatorial Guinea
|
South Korea
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$16.34
FCFA10,276
|
$17.65
₩25,535
|
|
| 1-Bedroom apartment in downtown area |
$204.24
FCFA128,447
|
$426.93
₩617,523
|
|
| 1-Bedroom apartment outside city center |
$114.37
FCFA71,930
|
$328.41
₩475,023
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$41.86
FCFA26,324
|
$111.42
₩161,164
|
|
pay 37.9 times more for childcare
|
Equatorial Guinea
|
South Korea
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$65.36
FCFA41,103
|
$373.40
₩540,094
|
|
| Middle school for 1 child, two semesters |
$326.78
FCFA205,515
|
$22,907.58
₩33,133,975
|
|
pay 20.1% more for entertainment and sports
|
Equatorial Guinea
|
South Korea
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.63
FCFA1,028
|
$3.09
₩4,475
|
|
| Cappuccino in mid-range area |
$5.72
FCFA3,597
|
$3.39
₩4,902
|
|
|
Pack of cigarettes
Marlboro or similar
|
$4.52
FCFA2,841
|
$3.21
₩4,649
|
|
| Monthly membership at local gym |
$49.02
FCFA30,827
|
$45.71
₩66,118
|
|
| Movie ticket to theater/cinema |
$5.39
FCFA3,387
|
$10.10
₩14,607
|
|
pay 8.9% more for clothing
|
Equatorial Guinea
|
South Korea
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$24.51
FCFA15,414
|
$60.70
₩87,804
|
|
|
Regular dress
from H&M or similar store
|
$102.12
FCFA64,224
|
$44.52
₩64,398
|
|
|
Running shoes
Nike or Adidas
|
$245.08
FCFA154,137
|
$72.99
₩105,578
|
|
| Men's business shoes (leather) |
$81.69
FCFA51,379
|
$93.73
₩135,573
|
|
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