Cost of living comparison
Accra is 2.5 times more expensive than Malabo.
If you lived in Accra instead of Malabo, you would:
pay 54.7% less for restaurants
|
Malabo
|
Accra
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$13.07
FCFA8,221
|
$4.82
GHS70.50
|
|
|
Fast food combo meal
McDonalds, or similar
|
$12.25
FCFA7,707
|
$7.37
GHS107.98
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.23
FCFA771
|
$0.74
GHS10.86
|
|
| Bottle of water (11 fl. oz) |
$1.23
FCFA771
|
$0.29
GHS4.26
|
|
pay 32.9% less for groceries
|
Malabo
|
Accra
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.24
FCFA2,039
|
$1.52
GHS22.28
|
|
| Local cheese (8 oz) |
$3.37
FCFA2,117
|
$3.46
GHS50.64
|
|
| Milk (1 gallon) |
$9.69
FCFA6,094
|
$11.31
GHS165.53
|
|
|
Eggs
1 dozen
|
$2.94
FCFA1,850
|
$2.28
GHS33.45
|
|
| Boneless chicken breast (1 lb) |
$3.10
FCFA1,949
|
$2.18
GHS31.87
|
|
| Apples (1 lb) |
$2.22
FCFA1,398
|
$1.27
GHS18.66
|
|
| Bananas (1 lb) |
$1.48
FCFA932
|
$0.59
GHS8.69
|
|
| Oranges (1 lb) |
$2.22
FCFA1,398
|
$0.81
GHS11.93
|
|
| Tomatoes (1 lb) |
$1.48
FCFA932
|
$1.21
GHS17.65
|
|
| Potatoes (1 lb) |
$1.85
FCFA1,165
|
$1.21
GHS17.72
|
|
| Onions (1 lb) |
$2.22
FCFA1,398
|
$0.96
GHS14.10
|
|
pay 10.3% more for transportation
|
Malabo
|
Accra
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.09
FCFA1,945
|
$4.34
GHS63.55
|
|
| Monthly public transit pass |
$26.38
FCFA16,590
|
$32.96
GHS482.64
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$33,034.81
FCFA20,776,043
|
$8,000.00
GHS117,130.40
|
|
| Taxi trip in downtown area (5 miles) |
$7.35
FCFA4,624
|
$11.16
GHS163.43
|
|
pay 92.9% more for housing
|
Malabo
|
Accra
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$16.34
FCFA10,276
|
$44.40
GHS650.03
|
|
| 1-Bedroom apartment in downtown area |
$204.24
FCFA128,447
|
$627.15
GHS9,182.25
|
|
| 1-Bedroom apartment outside city center |
$114.37
FCFA71,930
|
$112.15
GHS1,642.06
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$41.86
FCFA26,324
|
$39.69
GHS581.05
|
|
pay 12.2 times more for childcare
|
Malabo
|
Accra
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$65.36
FCFA41,103
|
$57.02
GHS834.78
|
|
| Middle school for 1 child, two semesters |
$326.78
FCFA205,515
|
$7,655.73
GHS112,089.89
|
|
pay 19.2% less for entertainment and sports
|
Malabo
|
Accra
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.63
FCFA1,028
|
$1.21
GHS17.64
|
|
| Cappuccino in mid-range area |
$5.72
FCFA3,597
|
$2.75
GHS40.30
|
|
|
Pack of cigarettes
Marlboro or similar
|
$4.52
FCFA2,841
|
$1.57
GHS22.96
|
|
| Monthly membership at local gym |
$49.02
FCFA30,827
|
$36.21
GHS530.12
|
|
| Movie ticket to theater/cinema |
$5.39
FCFA3,387
|
$9.33
GHS136.62
|
|
pay 66.0% less for clothing
|
Malabo
|
Accra
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$24.51
FCFA15,414
|
$14.87
GHS217.79
|
|
|
Regular dress
from H&M or similar store
|
$102.12
FCFA64,224
|
$20.10
GHS294.32
|
|
|
Running shoes
Nike or Adidas
|
$245.08
FCFA154,137
|
$32.71
GHS478.88
|
|
| Men's business shoes (leather) |
$81.69
FCFA51,379
|
$34.57
GHS506.09
|
|
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