Cost of living comparison
Malabo is 8.3% cheaper than Panama City.
- Restaurants
-
pay 1.2% more in Malabo
- Groceries
-
pay 40.7% more in Malabo
- Transportation
-
pay 0.1% more in Malabo
- Housing
-
pay 72.4% less in Malabo
- Childcare
-
pay 90.9% less in Malabo
- Entertainment and Sports
-
pay 4.7% less in Malabo
- Clothing
-
pay 67.7% more in Malabo
The cost of clothing, groceries, restaurants, and transportation in Malabo are more expensive than in Panama City. Expenses including childcare, housing, and entertainment and sports are lower in Malabo.
If you lived in Malabo instead of Panama City, you would:
pay 1.2% more for restaurants
|
Panama City
|
Malabo
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$13.25
PAB13.25
|
$13.07
FCFA7,525
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.00
PAB8.00
|
$12.25
FCFA7,055
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.86
PAB1.86
|
$1.23
FCFA706
|
|
| Bottle of water (11 fl. oz) |
$1.41
PAB1.41
|
$1.23
FCFA706
|
|
pay 40.7% more for groceries
|
Panama City
|
Malabo
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.51
PAB2.51
|
$3.24
FCFA1,866
|
|
| Local cheese (8 oz) |
$6.39
PAB6.39
|
$3.37
FCFA1,938
|
|
| Milk (1 gallon) |
$6.80
PAB6.80
|
$9.69
FCFA5,579
|
|
|
Eggs
1 dozen
|
$2.68
PAB2.68
|
$2.94
FCFA1,693
|
|
| Boneless chicken breast (1 lb) |
$3.41
PAB3.41
|
$3.10
FCFA1,784
|
|
| Apples (1 lb) |
$1.48
PAB1.48
|
$2.22
FCFA1,280
|
|
| Bananas (1 lb) |
$0.72
PAB0.72
|
$1.48
FCFA853
|
|
| Oranges (1 lb) |
$1.24
PAB1.24
|
$2.22
FCFA1,280
|
|
| Tomatoes (1 lb) |
$1.40
PAB1.40
|
$1.48
FCFA853
|
|
| Potatoes (1 lb) |
$0.98
PAB0.98
|
$1.85
FCFA1,067
|
|
| Onions (1 lb) |
$1.15
PAB1.15
|
$2.22
FCFA1,280
|
|
pay 0.1% more for transportation
|
Panama City
|
Malabo
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.69
PAB3.69
|
$3.09
FCFA1,780
|
|
| Monthly public transit pass |
$25.00
PAB25.00
|
$26.38
FCFA15,188
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$19,750.00
PAB19,750.00
|
$33,034.81
FCFA19,019,243
|
|
| Taxi trip in downtown area (5 miles) |
$16.71
PAB16.71
|
$7.35
FCFA4,233
|
|
pay 72.4% less for housing
|
Panama City
|
Malabo
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$52.10
PAB52.10
|
$16.34
FCFA9,407
|
|
| 1-Bedroom apartment in downtown area |
$1,023.81
PAB1,023.81
|
$204.24
FCFA117,586
|
|
| 1-Bedroom apartment outside city center |
$755.88
PAB755.88
|
$114.37
FCFA65,848
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$94.84
PAB94.84
|
$41.86
FCFA24,098
|
|
pay 90.9% less for childcare
|
Panama City
|
Malabo
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$439.17
PAB439.17
|
$65.36
FCFA37,627
|
|
| Middle school for 1 child, two semesters |
$10,092.67
PAB10,092.67
|
$326.78
FCFA188,137
|
|
pay 4.7% less for entertainment and sports
|
Panama City
|
Malabo
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.00
PAB3.00
|
$1.63
FCFA941
|
|
| Cappuccino in mid-range area |
$3.59
PAB3.59
|
$5.72
FCFA3,292
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.50
PAB5.50
|
$4.52
FCFA2,601
|
|
| Monthly membership at local gym |
$47.27
PAB47.27
|
$49.02
FCFA28,221
|
|
| Movie ticket to theater/cinema |
$7.00
PAB7.00
|
$5.39
FCFA3,101
|
|
pay 67.7% more for clothing
|
Panama City
|
Malabo
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$53.91
PAB53.91
|
$24.51
FCFA14,110
|
|
|
Regular dress
from H&M or similar store
|
$37.78
PAB37.78
|
$102.12
FCFA58,793
|
|
|
Running shoes
Nike or Adidas
|
$87.62
PAB87.62
|
$245.08
FCFA141,103
|
|
| Men's business shoes (leather) |
$108.75
PAB108.75
|
$81.69
FCFA47,034
|
|
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