Cost of living comparison
Caracas is 2.2 times more expensive than Malabo.
If you lived in Caracas instead of Malabo, you would:
pay 15.8% more for restaurants
|
Malabo
|
Caracas
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$13.07
FCFA8,131
|
$15.00
VEF149.62
|
|
|
Fast food combo meal
McDonalds, or similar
|
$12.25
FCFA7,623
|
$12.00
VEF119.69
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.23
FCFA762
|
$1.78
VEF17.78
|
|
| Bottle of water (11 fl. oz) |
$1.23
FCFA762
|
$1.29
VEF12.84
|
|
pay 23.4% less for groceries
|
Malabo
|
Caracas
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.24
FCFA2,017
|
$2.17
VEF21.64
|
|
| Local cheese (8 oz) |
$3.37
FCFA2,094
|
$4.87
VEF48.61
|
|
| Milk (1 gallon) |
$9.69
FCFA6,028
|
$7.73
VEF77.06
|
|
|
Eggs
1 dozen
|
$2.94
FCFA1,830
|
$3.03
VEF30.26
|
|
| Boneless chicken breast (1 lb) |
$3.10
FCFA1,928
|
$3.24
VEF32.36
|
|
| Apples (1 lb) |
$2.22
FCFA1,383
|
$2.55
VEF25.43
|
|
| Bananas (1 lb) |
$1.48
FCFA922
|
$0.66
VEF6.56
|
|
| Oranges (1 lb) |
$2.22
FCFA1,383
|
$0.90
VEF8.97
|
|
| Tomatoes (1 lb) |
$1.48
FCFA922
|
$0.75
VEF7.51
|
|
| Potatoes (1 lb) |
$1.85
FCFA1,153
|
$1.01
VEF10.04
|
|
| Onions (1 lb) |
$2.22
FCFA1,383
|
$0.87
VEF8.69
|
|
pay 48.9% more for transportation
|
Malabo
|
Caracas
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.09
FCFA1,924
|
$1.89
VEF18.88
|
|
| Monthly public transit pass |
$26.38
FCFA16,410
|
$30.00
VEF299.24
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$33,034.81
FCFA20,550,441
|
$32,000.00
VEF319,184.03
|
|
| Taxi trip in downtown area (5 miles) |
$7.35
FCFA4,574
|
$23.80
VEF237.39
|
|
pay 90.1% more for housing
|
Malabo
|
Caracas
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$16.34
FCFA10,164
|
$37.22
VEF371.27
|
|
| 1-Bedroom apartment in downtown area |
$204.24
FCFA127,052
|
$394.44
VEF3,934.39
|
|
| 1-Bedroom apartment outside city center |
$114.37
FCFA71,149
|
$366.67
VEF3,657.32
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$41.86
FCFA26,038
|
$7.90
VEF78.82
|
|
pay 8.0 times more for childcare
|
Malabo
|
Caracas
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$65.36
FCFA40,657
|
$98.67
VEF984.15
|
|
| Middle school for 1 child, two semesters |
$326.78
FCFA203,284
|
$4,720.00
VEF47,079.64
|
|
pay 6.2% less for entertainment and sports
|
Malabo
|
Caracas
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.63
FCFA1,016
|
$1.50
VEF14.96
|
|
| Cappuccino in mid-range area |
$5.72
FCFA3,557
|
$2.72
VEF27.12
|
|
|
Pack of cigarettes
Marlboro or similar
|
$4.52
FCFA2,811
|
$3.25
VEF32.42
|
|
| Monthly membership at local gym |
$49.02
FCFA30,493
|
$71.88
VEF716.92
|
|
| Movie ticket to theater/cinema |
$5.39
FCFA3,350
|
$6.00
VEF59.85
|
|
pay 8.9% more for clothing
|
Malabo
|
Caracas
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$24.51
FCFA15,246
|
$60.00
VEF598.47
|
|
|
Regular dress
from H&M or similar store
|
$102.12
FCFA63,526
|
$43.33
VEF432.23
|
|
|
Running shoes
Nike or Adidas
|
$245.08
FCFA152,463
|
$113.12
VEF1,128.37
|
|
| Men's business shoes (leather) |
$81.69
FCFA50,821
|
$83.33
VEF831.21
|
|
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