Cost of living comparison
Seoul is 6.3 times more expensive than Malabo.
If you lived in Seoul instead of Malabo, you would:
pay 23.0% less for restaurants
|
Malabo
|
Seoul
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$13.07
FCFA8,221
|
$7.88
₩11,395
|
|
|
Fast food combo meal
McDonalds, or similar
|
$12.25
FCFA7,707
|
$6.09
₩8,805
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.23
FCFA771
|
$1.59
₩2,295
|
|
| Bottle of water (11 fl. oz) |
$1.23
FCFA771
|
$0.84
₩1,216
|
|
pay 20.8% more for groceries
|
Malabo
|
Seoul
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.24
FCFA2,039
|
$3.10
₩4,477
|
|
| Local cheese (8 oz) |
$3.37
FCFA2,117
|
$6.52
₩9,436
|
|
| Milk (1 gallon) |
$9.69
FCFA6,094
|
$8.06
₩11,656
|
|
|
Eggs
1 dozen
|
$2.94
FCFA1,850
|
$3.06
₩4,424
|
|
| Boneless chicken breast (1 lb) |
$3.10
FCFA1,949
|
$4.74
₩6,851
|
|
| Apples (1 lb) |
$2.22
FCFA1,398
|
$3.30
₩4,770
|
|
| Bananas (1 lb) |
$1.48
FCFA932
|
$1.55
₩2,241
|
|
| Oranges (1 lb) |
$2.22
FCFA1,398
|
$2.44
₩3,530
|
|
| Tomatoes (1 lb) |
$1.48
FCFA932
|
$2.68
₩3,883
|
|
| Potatoes (1 lb) |
$1.85
FCFA1,165
|
$1.73
₩2,503
|
|
| Onions (1 lb) |
$2.22
FCFA1,398
|
$1.39
₩2,006
|
|
pay 26.9% more for transportation
|
Malabo
|
Seoul
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.09
FCFA1,945
|
$4.59
₩6,636
|
|
| Monthly public transit pass |
$26.38
FCFA16,590
|
$44.40
₩64,228
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$33,034.81
FCFA20,776,043
|
$27,023.07
₩39,086,703
|
|
| Taxi trip in downtown area (5 miles) |
$7.35
FCFA4,624
|
$8.02
₩11,602
|
|
pay 3.3 times more for housing
|
Malabo
|
Seoul
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$16.34
FCFA10,276
|
$22.27
₩32,217
|
|
| 1-Bedroom apartment in downtown area |
$204.24
FCFA128,447
|
$883.18
₩1,277,448
|
|
| 1-Bedroom apartment outside city center |
$114.37
FCFA71,930
|
$490.54
₩709,526
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$41.86
FCFA26,324
|
$133.35
₩192,884
|
|
pay 34.7 times more for childcare
|
Malabo
|
Seoul
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$65.36
FCFA41,103
|
$385.48
₩557,567
|
|
| Middle school for 1 child, two semesters |
$326.78
FCFA205,515
|
$20,782.92
₩30,060,827
|
|
pay 32.5% more for entertainment and sports
|
Malabo
|
Seoul
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.63
FCFA1,028
|
$3.58
₩5,180
|
|
| Cappuccino in mid-range area |
$5.72
FCFA3,597
|
$3.60
₩5,210
|
|
|
Pack of cigarettes
Marlboro or similar
|
$4.52
FCFA2,841
|
$3.22
₩4,662
|
|
| Monthly membership at local gym |
$49.02
FCFA30,827
|
$53.73
₩77,715
|
|
| Movie ticket to theater/cinema |
$5.39
FCFA3,387
|
$10.74
₩15,539
|
|
pay 18.8% more for clothing
|
Malabo
|
Seoul
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$24.51
FCFA15,414
|
$59.13
₩85,523
|
|
|
Regular dress
from H&M or similar store
|
$102.12
FCFA64,224
|
$46.64
₩67,467
|
|
|
Running shoes
Nike or Adidas
|
$245.08
FCFA154,137
|
$86.69
₩125,395
|
|
| Men's business shoes (leather) |
$81.69
FCFA51,379
|
$124.89
₩180,644
|
|
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