Cost of living comparison
Malabo is 14.4% cheaper than Madrid.
If you lived in Malabo instead of Madrid, you would:
pay 23.1% less for restaurants
|
Madrid
|
Malabo
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$16.08
€15.25
|
$13.07
FCFA8,131
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.72
€10.16
|
$12.25
FCFA7,623
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.79
€2.64
|
$1.23
FCFA762
|
|
| Bottle of water (11 fl. oz) |
$1.80
€1.71
|
$1.23
FCFA762
|
|
pay 71.5% more for groceries
|
Madrid
|
Malabo
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.50
€1.42
|
$3.24
FCFA2,017
|
|
| Local cheese (8 oz) |
$6.92
€6.56
|
$3.37
FCFA2,094
|
|
| Milk (1 gallon) |
$4.41
€4.18
|
$9.69
FCFA6,028
|
|
|
Eggs
1 dozen
|
$3.05
€2.89
|
$2.94
FCFA1,830
|
|
| Boneless chicken breast (1 lb) |
$3.78
€3.59
|
$3.10
FCFA1,928
|
|
| Apples (1 lb) |
$1.13
€1.07
|
$2.22
FCFA1,383
|
|
| Bananas (1 lb) |
$0.87
€0.83
|
$1.48
FCFA922
|
|
| Oranges (1 lb) |
$1.01
€0.95
|
$2.22
FCFA1,383
|
|
| Tomatoes (1 lb) |
$1.05
€0.99
|
$1.48
FCFA922
|
|
| Potatoes (1 lb) |
$0.83
€0.79
|
$1.85
FCFA1,153
|
|
| Onions (1 lb) |
$0.82
€0.78
|
$2.22
FCFA1,383
|
|
pay 37.8% less for transportation
|
Madrid
|
Malabo
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.79
€6.43
|
$3.09
FCFA1,924
|
|
| Monthly public transit pass |
$42.87
€40.66
|
$26.38
FCFA16,410
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$35,759.38
€33,912.83
|
$33,034.81
FCFA20,550,441
|
|
| Taxi trip in downtown area (5 miles) |
$14.90
€14.13
|
$7.35
FCFA4,574
|
|
pay 73.0% less for housing
|
Madrid
|
Malabo
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$31.85
€30.20
|
$16.34
FCFA10,164
|
|
| 1-Bedroom apartment in downtown area |
$1,468.90
€1,393.05
|
$204.24
FCFA127,052
|
|
| 1-Bedroom apartment outside city center |
$1,074.71
€1,019.21
|
$114.37
FCFA71,149
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$130.03
€123.32
|
$41.86
FCFA26,038
|
|
pay 92.7% less for childcare
|
Madrid
|
Malabo
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$567.57
€538.26
|
$65.36
FCFA40,657
|
|
| Middle school for 1 child, two semesters |
$10,069.47
€9,549.50
|
$326.78
FCFA203,284
|
|
pay 0.2% less for entertainment and sports
|
Madrid
|
Malabo
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.75
€3.56
|
$1.63
FCFA1,016
|
|
| Cappuccino in mid-range area |
$2.59
€2.45
|
$5.72
FCFA3,557
|
|
|
Pack of cigarettes
Marlboro or similar
|
$6.43
€6.10
|
$4.52
FCFA2,811
|
|
| Monthly membership at local gym |
$43.11
€40.89
|
$49.02
FCFA30,493
|
|
| Movie ticket to theater/cinema |
$10.72
€10.16
|
$5.39
FCFA3,350
|
|
pay 54.8% more for clothing
|
Madrid
|
Malabo
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$90.50
€85.83
|
$24.51
FCFA15,246
|
|
|
Regular dress
from H&M or similar store
|
$37.21
€35.29
|
$102.12
FCFA63,526
|
|
|
Running shoes
Nike or Adidas
|
$97.88
€92.82
|
$245.08
FCFA152,463
|
|
| Men's business shoes (leather) |
$121.40
€115.13
|
$81.69
FCFA50,821
|
|
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