Cost of living comparison

 Seoul, South Korea
compared to
 Malabo, Equatorial Guinea
Malabo vs. Seoul Cost of Living Summary

Malabo is 11.2% cheaper than Seoul.

Restaurants
pay 47.5% more in Malabo
Groceries
pay 7.7% less in Malabo
Transportation
pay 14.8% less in Malabo
Housing
pay 62.2% less in Malabo
Childcare
pay 90.7% less in Malabo
Entertainment and Sports
pay 2.8% less in Malabo
Clothing
pay 52.1% more in Malabo

The cost of clothing and restaurants in Malabo are more expensive than in Seoul. Expenses including childcare, housing, transportation, groceries, and entertainment and sports are lower in Malabo.

Malabo vs. Seoul Cost Breakdown

If you lived in Malabo instead of Seoul, you would:

pay 47.5% more for restaurants

 
Seoul
Malabo
Basic meal with drink at inexpensive restaurant $7.88
₩11,556
$13.07
FCFA8,315
Fast food combo meal
McDonalds, or similar
$6.09
₩8,930
$12.25
FCFA7,795
Bottle of Coca-Cola (11 fl. oz) $1.59
₩2,327
$1.23
FCFA780

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pay 7.7% less for groceries

 
Seoul
Malabo
Bread
1 loaf
$3.10
₩4,540
$3.24
FCFA2,062
Local cheese (8 oz) $6.52
₩9,570
$3.37
FCFA2,141
Milk (1 gallon) $8.06
₩11,821
$9.69
FCFA6,164

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pay 14.8% less for transportation

 
Seoul
Malabo
Gasoline (1 gallon) $4.59
₩6,730
$3.09
FCFA1,967
Monthly public transit pass $44.40
₩65,136
$26.38
FCFA16,781
New Volkswagen Golf 1.4 (standard edition) $27,023.07
₩39,639,325
$33,034.81
FCFA21,014,802

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pay 62.2% less for housing

 
Seoul
Malabo
Internet connection
50 mbps or faster, cable/dsl
$22.27
₩32,673
$16.34
FCFA10,394
1-Bedroom apartment in downtown area $883.18
₩1,295,509
$204.24
FCFA129,923
1-Bedroom apartment outside city center $490.54
₩719,557
$114.37
FCFA72,757

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pay 90.7% less for childcare

 
Seoul
Malabo
Private preschool for 1 child, monthly $385.48
₩565,450
$65.36
FCFA41,575
Middle school for 1 child, two semesters $20,782.92
₩30,485,837
$326.78
FCFA207,877

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pay 2.8% less for entertainment and sports

 
Seoul
Malabo
Domestic/local beer (1 pint) $3.58
₩5,253
$1.63
FCFA1,039
Cappuccino in mid-range area $3.60
₩5,284
$5.72
FCFA3,638
Pack of cigarettes
Marlboro or similar
$3.22
₩4,728
$4.52
FCFA2,874

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pay 52.1% more for clothing

 
Seoul
Malabo
Regular jeans
Levi's brand
$59.13
₩86,733
$24.51
FCFA15,591
Regular dress
from H&M or similar store
$46.64
₩68,421
$102.12
FCFA64,962
Running shoes
Nike or Adidas
$86.69
₩127,168
$245.08
FCFA155,908

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: January 2025
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Compare countries by overall cost of living

See the cost of living in South Korea vs. Equatorial Guinea. This provides a comparison of the average cost of living from cities within South Korea and Equatorial Guinea.

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