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
FCFA8,131
|
$4.82
GHS77.15
|
|
|
Fast food combo meal
McDonalds, or similar
|
$12.25
FCFA7,623
|
$7.37
GHS118.17
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.23
FCFA762
|
$0.74
GHS11.88
|
|
| Bottle of water (11 fl. oz) |
$1.23
FCFA762
|
$0.29
GHS4.66
|
|
pay 32.9% less for groceries
|
Malabo
|
Accra
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.24
FCFA2,017
|
$1.52
GHS24.38
|
|
| Local cheese (8 oz) |
$3.37
FCFA2,094
|
$3.46
GHS55.41
|
|
| Milk (1 gallon) |
$9.69
FCFA6,028
|
$11.31
GHS181.15
|
|
|
Eggs
1 dozen
|
$2.94
FCFA1,830
|
$2.28
GHS36.61
|
|
| Boneless chicken breast (1 lb) |
$3.10
FCFA1,928
|
$2.18
GHS34.88
|
|
| Apples (1 lb) |
$2.22
FCFA1,383
|
$1.27
GHS20.42
|
|
| Bananas (1 lb) |
$1.48
FCFA922
|
$0.59
GHS9.51
|
|
| Oranges (1 lb) |
$2.22
FCFA1,383
|
$0.81
GHS13.05
|
|
| Tomatoes (1 lb) |
$1.48
FCFA922
|
$1.21
GHS19.31
|
|
| Potatoes (1 lb) |
$1.85
FCFA1,153
|
$1.21
GHS19.40
|
|
| Onions (1 lb) |
$2.22
FCFA1,383
|
$0.96
GHS15.43
|
|
pay 10.3% more for transportation
|
Malabo
|
Accra
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.09
FCFA1,924
|
$4.34
GHS69.55
|
|
| Monthly public transit pass |
$26.38
FCFA16,410
|
$32.96
GHS528.18
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$33,034.81
FCFA20,550,441
|
$8,000.00
GHS128,183.59
|
|
| Taxi trip in downtown area (5 miles) |
$7.35
FCFA4,574
|
$11.16
GHS178.86
|
|
pay 92.9% more for housing
|
Malabo
|
Accra
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$16.34
FCFA10,164
|
$44.40
GHS711.37
|
|
| 1-Bedroom apartment in downtown area |
$204.24
FCFA127,052
|
$627.15
GHS10,048.75
|
|
| 1-Bedroom apartment outside city center |
$114.37
FCFA71,149
|
$112.15
GHS1,797.02
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$41.86
FCFA26,038
|
$39.69
GHS635.88
|
|
pay 12.2 times more for childcare
|
Malabo
|
Accra
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$65.36
FCFA40,657
|
$57.02
GHS913.56
|
|
| Middle school for 1 child, two semesters |
$326.78
FCFA203,284
|
$7,655.73
GHS122,667.43
|
|
pay 19.2% less for entertainment and sports
|
Malabo
|
Accra
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.63
FCFA1,016
|
$1.21
GHS19.31
|
|
| Cappuccino in mid-range area |
$5.72
FCFA3,557
|
$2.75
GHS44.10
|
|
|
Pack of cigarettes
Marlboro or similar
|
$4.52
FCFA2,811
|
$1.57
GHS25.13
|
|
| Monthly membership at local gym |
$49.02
FCFA30,493
|
$36.21
GHS580.15
|
|
| Movie ticket to theater/cinema |
$5.39
FCFA3,350
|
$9.33
GHS149.51
|
|
pay 66.0% less for clothing
|
Malabo
|
Accra
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$24.51
FCFA15,246
|
$14.87
GHS238.34
|
|
|
Regular dress
from H&M or similar store
|
$102.12
FCFA63,526
|
$20.10
GHS322.09
|
|
|
Running shoes
Nike or Adidas
|
$245.08
FCFA152,463
|
$32.71
GHS524.07
|
|
| Men's business shoes (leather) |
$81.69
FCFA50,821
|
$34.57
GHS553.85
|
|
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