Cost of living comparison
Malabo is 8.3% cheaper than Panama City.
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
FCFA8,131
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.00
PAB8.00
|
$12.25
FCFA7,623
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.86
PAB1.86
|
$1.23
FCFA762
|
|
| Bottle of water (11 fl. oz) |
$1.41
PAB1.41
|
$1.23
FCFA762
|
|
pay 40.7% more for groceries
|
Panama City
|
Malabo
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.51
PAB2.51
|
$3.24
FCFA2,017
|
|
| Local cheese (8 oz) |
$6.39
PAB6.39
|
$3.37
FCFA2,094
|
|
| Milk (1 gallon) |
$6.80
PAB6.80
|
$9.69
FCFA6,028
|
|
|
Eggs
1 dozen
|
$2.68
PAB2.68
|
$2.94
FCFA1,830
|
|
| Boneless chicken breast (1 lb) |
$3.41
PAB3.41
|
$3.10
FCFA1,928
|
|
| Apples (1 lb) |
$1.48
PAB1.48
|
$2.22
FCFA1,383
|
|
| Bananas (1 lb) |
$0.72
PAB0.72
|
$1.48
FCFA922
|
|
| Oranges (1 lb) |
$1.24
PAB1.24
|
$2.22
FCFA1,383
|
|
| Tomatoes (1 lb) |
$1.40
PAB1.40
|
$1.48
FCFA922
|
|
| Potatoes (1 lb) |
$0.98
PAB0.98
|
$1.85
FCFA1,153
|
|
| Onions (1 lb) |
$1.15
PAB1.15
|
$2.22
FCFA1,383
|
|
pay 0.1% more for transportation
|
Panama City
|
Malabo
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.69
PAB3.69
|
$3.09
FCFA1,924
|
|
| Monthly public transit pass |
$25.00
PAB25.00
|
$26.38
FCFA16,410
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$19,750.00
PAB19,750.00
|
$33,034.81
FCFA20,550,441
|
|
| Taxi trip in downtown area (5 miles) |
$16.71
PAB16.71
|
$7.35
FCFA4,574
|
|
pay 72.4% less for housing
|
Panama City
|
Malabo
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$52.10
PAB52.10
|
$16.34
FCFA10,164
|
|
| 1-Bedroom apartment in downtown area |
$1,023.81
PAB1,023.81
|
$204.24
FCFA127,052
|
|
| 1-Bedroom apartment outside city center |
$755.88
PAB755.88
|
$114.37
FCFA71,149
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$94.84
PAB94.84
|
$41.86
FCFA26,038
|
|
pay 90.9% less for childcare
|
Panama City
|
Malabo
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$439.17
PAB439.17
|
$65.36
FCFA40,657
|
|
| Middle school for 1 child, two semesters |
$10,092.67
PAB10,092.67
|
$326.78
FCFA203,284
|
|
pay 4.7% less for entertainment and sports
|
Panama City
|
Malabo
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.00
PAB3.00
|
$1.63
FCFA1,016
|
|
| Cappuccino in mid-range area |
$3.59
PAB3.59
|
$5.72
FCFA3,557
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.50
PAB5.50
|
$4.52
FCFA2,811
|
|
| Monthly membership at local gym |
$47.27
PAB47.27
|
$49.02
FCFA30,493
|
|
| Movie ticket to theater/cinema |
$7.00
PAB7.00
|
$5.39
FCFA3,350
|
|
pay 67.7% more for clothing
|
Panama City
|
Malabo
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$53.91
PAB53.91
|
$24.51
FCFA15,246
|
|
|
Regular dress
from H&M or similar store
|
$37.78
PAB37.78
|
$102.12
FCFA63,526
|
|
|
Running shoes
Nike or Adidas
|
$87.62
PAB87.62
|
$245.08
FCFA152,463
|
|
| Men's business shoes (leather) |
$108.75
PAB108.75
|
$81.69
FCFA50,821
|
|
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