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
€15.41
|
$13.07
FCFA8,221
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.72
€10.28
|
$12.25
FCFA7,707
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.79
€2.67
|
$1.23
FCFA771
|
|
| Bottle of water (11 fl. oz) |
$1.80
€1.73
|
$1.23
FCFA771
|
|
pay 71.5% more for groceries
|
Madrid
|
Malabo
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.50
€1.44
|
$3.24
FCFA2,039
|
|
| Local cheese (8 oz) |
$6.92
€6.64
|
$3.37
FCFA2,117
|
|
| Milk (1 gallon) |
$4.41
€4.23
|
$9.69
FCFA6,094
|
|
|
Eggs
1 dozen
|
$3.05
€2.93
|
$2.94
FCFA1,850
|
|
| Boneless chicken breast (1 lb) |
$3.78
€3.63
|
$3.10
FCFA1,949
|
|
| Apples (1 lb) |
$1.13
€1.08
|
$2.22
FCFA1,398
|
|
| Bananas (1 lb) |
$0.87
€0.83
|
$1.48
FCFA932
|
|
| Oranges (1 lb) |
$1.01
€0.96
|
$2.22
FCFA1,398
|
|
| Tomatoes (1 lb) |
$1.05
€1.01
|
$1.48
FCFA932
|
|
| Potatoes (1 lb) |
$0.83
€0.80
|
$1.85
FCFA1,165
|
|
| Onions (1 lb) |
$0.82
€0.79
|
$2.22
FCFA1,398
|
|
pay 37.8% less for transportation
|
Madrid
|
Malabo
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.79
€6.51
|
$3.09
FCFA1,945
|
|
| Monthly public transit pass |
$42.87
€41.10
|
$26.38
FCFA16,590
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$35,759.38
€34,285.12
|
$33,034.81
FCFA20,776,043
|
|
| Taxi trip in downtown area (5 miles) |
$14.90
€14.28
|
$7.35
FCFA4,624
|
|
pay 73.0% less for housing
|
Madrid
|
Malabo
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$31.85
€30.53
|
$16.34
FCFA10,276
|
|
| 1-Bedroom apartment in downtown area |
$1,468.90
€1,408.34
|
$204.24
FCFA128,447
|
|
| 1-Bedroom apartment outside city center |
$1,074.71
€1,030.40
|
$114.37
FCFA71,930
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$130.03
€124.67
|
$41.86
FCFA26,324
|
|
pay 92.7% less for childcare
|
Madrid
|
Malabo
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$567.57
€544.17
|
$65.36
FCFA41,103
|
|
| Middle school for 1 child, two semesters |
$10,069.47
€9,654.34
|
$326.78
FCFA205,515
|
|
pay 0.2% less for entertainment and sports
|
Madrid
|
Malabo
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.75
€3.60
|
$1.63
FCFA1,028
|
|
| Cappuccino in mid-range area |
$2.59
€2.48
|
$5.72
FCFA3,597
|
|
|
Pack of cigarettes
Marlboro or similar
|
$6.43
€6.17
|
$4.52
FCFA2,841
|
|
| Monthly membership at local gym |
$43.11
€41.34
|
$49.02
FCFA30,827
|
|
| Movie ticket to theater/cinema |
$10.72
€10.28
|
$5.39
FCFA3,387
|
|
pay 54.8% more for clothing
|
Madrid
|
Malabo
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$90.50
€86.77
|
$24.51
FCFA15,414
|
|
|
Regular dress
from H&M or similar store
|
$37.21
€35.68
|
$102.12
FCFA64,224
|
|
|
Running shoes
Nike or Adidas
|
$97.88
€93.84
|
$245.08
FCFA154,137
|
|
| Men's business shoes (leather) |
$121.40
€116.39
|
$81.69
FCFA51,379
|
|
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