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
FCFA8,131
|
$6.16
₩8,598
|
|
|
Fast food combo meal
McDonalds, or similar
|
$12.25
FCFA7,623
|
$5.24
₩7,313
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.23
FCFA762
|
$1.47
₩2,055
|
|
| Bottle of water (11 fl. oz) |
$1.23
FCFA762
|
$0.79
₩1,105
|
|
pay 9.6% more for groceries
|
Equatorial Guinea
|
South Korea
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.24
FCFA2,017
|
$3.08
₩4,295
|
|
| Local cheese (8 oz) |
$3.37
FCFA2,094
|
$5.40
₩7,544
|
|
| Milk (1 gallon) |
$9.69
FCFA6,028
|
$7.46
₩10,411
|
|
|
Eggs
1 dozen
|
$2.94
FCFA1,830
|
$2.76
₩3,849
|
|
| Boneless chicken breast (1 lb) |
$3.10
FCFA1,928
|
$3.32
₩4,635
|
|
| Apples (1 lb) |
$2.22
FCFA1,383
|
$3.17
₩4,422
|
|
| Bananas (1 lb) |
$1.48
FCFA922
|
$1.49
₩2,078
|
|
| Oranges (1 lb) |
$2.22
FCFA1,383
|
$2.53
₩3,534
|
|
| Tomatoes (1 lb) |
$1.48
FCFA922
|
$2.41
₩3,370
|
|
| Potatoes (1 lb) |
$1.85
FCFA1,153
|
$1.82
₩2,547
|
|
| Onions (1 lb) |
$2.22
FCFA1,383
|
$1.21
₩1,689
|
|
pay 26.7% more for transportation
|
Equatorial Guinea
|
South Korea
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.09
FCFA1,924
|
$4.39
₩6,132
|
|
| Monthly public transit pass |
$26.38
FCFA16,410
|
$45.32
₩63,258
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$33,034.81
FCFA20,550,441
|
$27,023.07
₩37,722,173
|
|
| Taxi trip in downtown area (5 miles) |
$7.35
FCFA4,574
|
$8.17
₩11,407
|
|
pay 2.2 times more for housing
|
Equatorial Guinea
|
South Korea
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$16.34
FCFA10,164
|
$17.65
₩24,644
|
|
| 1-Bedroom apartment in downtown area |
$204.24
FCFA127,052
|
$426.93
₩595,965
|
|
| 1-Bedroom apartment outside city center |
$114.37
FCFA71,149
|
$328.41
₩458,440
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$41.86
FCFA26,038
|
$111.42
₩155,538
|
|
pay 37.9 times more for childcare
|
Equatorial Guinea
|
South Korea
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$65.36
FCFA40,657
|
$373.40
₩521,239
|
|
| Middle school for 1 child, two semesters |
$326.78
FCFA203,284
|
$22,907.58
₩31,977,257
|
|
pay 20.1% more for entertainment and sports
|
Equatorial Guinea
|
South Korea
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.63
FCFA1,016
|
$3.09
₩4,319
|
|
| Cappuccino in mid-range area |
$5.72
FCFA3,557
|
$3.39
₩4,731
|
|
|
Pack of cigarettes
Marlboro or similar
|
$4.52
FCFA2,811
|
$3.21
₩4,486
|
|
| Monthly membership at local gym |
$49.02
FCFA30,493
|
$45.71
₩63,810
|
|
| Movie ticket to theater/cinema |
$5.39
FCFA3,350
|
$10.10
₩14,097
|
|
pay 8.9% more for clothing
|
Equatorial Guinea
|
South Korea
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$24.51
FCFA15,246
|
$60.70
₩84,739
|
|
|
Regular dress
from H&M or similar store
|
$102.12
FCFA63,526
|
$44.52
₩62,150
|
|
|
Running shoes
Nike or Adidas
|
$245.08
FCFA152,463
|
$72.99
₩101,892
|
|
| Men's business shoes (leather) |
$81.69
FCFA50,821
|
$93.73
₩130,840
|
|
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