Cost of living comparison
Podgorica is 2.9 times more expensive than Malabo.
If you lived in Podgorica instead of Malabo, you would:
pay 7.0% more for restaurants
|
Malabo
|
Podgorica
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$13.07
FCFA8,221
|
$8.57
€8.22
|
|
|
Fast food combo meal
McDonalds, or similar
|
$12.25
FCFA7,707
|
$8.04
€7.71
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.23
FCFA771
|
$2.13
€2.04
|
|
| Bottle of water (11 fl. oz) |
$1.23
FCFA771
|
$1.51
€1.45
|
|
pay 41.1% less for groceries
|
Malabo
|
Podgorica
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.24
FCFA2,039
|
$0.93
€0.89
|
|
| Local cheese (8 oz) |
$3.37
FCFA2,117
|
$3.98
€3.82
|
|
| Milk (1 gallon) |
$9.69
FCFA6,094
|
$4.94
€4.74
|
|
|
Eggs
1 dozen
|
$2.94
FCFA1,850
|
$2.96
€2.84
|
|
| Boneless chicken breast (1 lb) |
$3.10
FCFA1,949
|
$3.59
€3.44
|
|
| Apples (1 lb) |
$2.22
FCFA1,398
|
$0.61
€0.58
|
|
| Bananas (1 lb) |
$1.48
FCFA932
|
$0.85
€0.81
|
|
| Oranges (1 lb) |
$2.22
FCFA1,398
|
$0.67
€0.64
|
|
| Tomatoes (1 lb) |
$1.48
FCFA932
|
$1.06
€1.02
|
|
| Potatoes (1 lb) |
$1.85
FCFA1,165
|
$0.44
€0.42
|
|
| Onions (1 lb) |
$2.22
FCFA1,398
|
$0.52
€0.50
|
|
pay 22.9% more for transportation
|
Malabo
|
Podgorica
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.09
FCFA1,945
|
$6.02
€5.77
|
|
| Monthly public transit pass |
$26.38
FCFA16,590
|
$32.15
€30.83
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$33,034.81
FCFA20,776,043
|
$27,933.36
€26,781.75
|
|
| Taxi trip in downtown area (5 miles) |
$7.35
FCFA4,624
|
$6.64
€6.37
|
|
pay 2.7 times more for housing
|
Malabo
|
Podgorica
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$16.34
FCFA10,276
|
$29.29
€28.08
|
|
| 1-Bedroom apartment in downtown area |
$204.24
FCFA128,447
|
$586.17
€562.01
|
|
| 1-Bedroom apartment outside city center |
$114.37
FCFA71,930
|
$453.87
€435.16
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$41.86
FCFA26,324
|
$82.62
€79.21
|
|
pay 12.7 times more for childcare
|
Malabo
|
Podgorica
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$65.36
FCFA41,103
|
$265.47
€254.52
|
|
| Middle school for 1 child, two semesters |
$326.78
FCFA205,515
|
$6,966.46
€6,679.25
|
|
pay 11.2% less for entertainment and sports
|
Malabo
|
Podgorica
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.63
FCFA1,028
|
$2.36
€2.26
|
|
| Cappuccino in mid-range area |
$5.72
FCFA3,597
|
$1.95
€1.87
|
|
|
Pack of cigarettes
Marlboro or similar
|
$4.52
FCFA2,841
|
$3.86
€3.70
|
|
| Monthly membership at local gym |
$49.02
FCFA30,827
|
$39.72
€38.08
|
|
| Movie ticket to theater/cinema |
$5.39
FCFA3,387
|
$5.36
€5.14
|
|
pay 30.1% more for clothing
|
Malabo
|
Podgorica
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$24.51
FCFA15,414
|
$76.10
€72.96
|
|
|
Regular dress
from H&M or similar store
|
$102.12
FCFA64,224
|
$41.90
€40.17
|
|
|
Running shoes
Nike or Adidas
|
$245.08
FCFA154,137
|
$93.78
€89.91
|
|
| Men's business shoes (leather) |
$81.69
FCFA51,379
|
$106.69
€102.29
|
|
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