Cost of living comparison
Monaco is 17.5 times more expensive than Malabo.
If you lived in Monaco instead of Malabo, you would:
pay 3.0 times more for restaurants
|
Malabo
|
Monaco
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$13.07
FCFA8,221
|
$20.90
€20.04
|
|
|
Fast food combo meal
McDonalds, or similar
|
$12.25
FCFA7,707
|
$12.33
€11.82
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.23
FCFA771
|
$4.67
€4.48
|
|
| Bottle of water (11 fl. oz) |
$1.23
FCFA771
|
$7.08
€6.79
|
|
pay 14.2% more for groceries
|
Malabo
|
Monaco
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.24
FCFA2,039
|
$6.56
€6.29
|
|
| Local cheese (8 oz) |
$3.37
FCFA2,117
|
$8.04
€7.71
|
|
| Milk (1 gallon) |
$9.69
FCFA6,094
|
$7.10
€6.81
|
|
|
Eggs
1 dozen
|
$2.94
FCFA1,850
|
$3.56
€3.41
|
|
| Boneless chicken breast (1 lb) |
$3.10
FCFA1,949
|
$4.76
€4.56
|
|
| Apples (1 lb) |
$2.22
FCFA1,398
|
$2.07
€1.98
|
|
| Bananas (1 lb) |
$1.48
FCFA932
|
$1.22
€1.17
|
|
| Oranges (1 lb) |
$2.22
FCFA1,398
|
$1.22
€1.17
|
|
| Tomatoes (1 lb) |
$1.48
FCFA932
|
$1.80
€1.72
|
|
| Potatoes (1 lb) |
$1.85
FCFA1,165
|
$0.95
€0.91
|
|
| Onions (1 lb) |
$2.22
FCFA1,398
|
$1.46
€1.40
|
|
pay 95.7% more for transportation
|
Malabo
|
Monaco
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.09
FCFA1,945
|
$8.55
€8.19
|
|
| Monthly public transit pass |
$26.38
FCFA16,590
|
$23.58
€22.61
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$33,034.81
FCFA20,776,043
|
$46,276.05
€44,368.23
|
|
| Taxi trip in downtown area (5 miles) |
$7.35
FCFA4,624
|
$20.36
€19.52
|
|
pay 26.3 times more for housing
|
Malabo
|
Monaco
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$16.34
FCFA10,276
|
$61.09
€58.57
|
|
| 1-Bedroom apartment in downtown area |
$204.24
FCFA128,447
|
$8,084.96
€7,751.65
|
|
| 1-Bedroom apartment outside city center |
$114.37
FCFA71,930
|
$6,430.58
€6,165.47
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$41.86
FCFA26,324
|
$235.04
€225.35
|
|
pay 81.4 times more for childcare
|
Malabo
|
Monaco
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$65.36
FCFA41,103
|
$2,089.94
€2,003.78
|
|
| Middle school for 1 child, two semesters |
$326.78
FCFA205,515
|
$42,736.55
€40,974.65
|
|
pay 4.5 times more for entertainment and sports
|
Malabo
|
Monaco
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.63
FCFA1,028
|
$8.57
€8.22
|
|
| Cappuccino in mid-range area |
$5.72
FCFA3,597
|
$6.62
€6.35
|
|
|
Pack of cigarettes
Marlboro or similar
|
$4.52
FCFA2,841
|
$13.40
€12.84
|
|
| Monthly membership at local gym |
$49.02
FCFA30,827
|
$515.79
€494.52
|
|
| Movie ticket to theater/cinema |
$5.39
FCFA3,387
|
$12.86
€12.33
|
|
pay 4.1 times more for clothing
|
Malabo
|
Monaco
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$24.51
FCFA15,414
|
$174.43
€167.24
|
|
|
Regular dress
from H&M or similar store
|
$102.12
FCFA64,224
|
$75.29
€72.19
|
|
|
Running shoes
Nike or Adidas
|
$245.08
FCFA154,137
|
$219.18
€210.14
|
|
| Men's business shoes (leather) |
$81.69
FCFA51,379
|
$625.91
€600.11
|
|
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