Cost of living comparison
Malabo is 11.2% cheaper than Seoul.
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
₩10,997
|
$13.07
FCFA8,131
|
|
|
Fast food combo meal
McDonalds, or similar
|
$6.09
₩8,498
|
$12.25
FCFA7,623
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.59
₩2,215
|
$1.23
FCFA762
|
|
| Bottle of water (11 fl. oz) |
$0.84
₩1,174
|
$1.23
FCFA762
|
|
pay 7.7% less for groceries
|
Seoul
|
Malabo
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.10
₩4,321
|
$3.24
FCFA2,017
|
|
| Local cheese (8 oz) |
$6.52
₩9,107
|
$3.37
FCFA2,094
|
|
| Milk (1 gallon) |
$8.06
₩11,249
|
$9.69
FCFA6,028
|
|
|
Eggs
1 dozen
|
$3.06
₩4,269
|
$2.94
FCFA1,830
|
|
| Boneless chicken breast (1 lb) |
$4.74
₩6,612
|
$3.10
FCFA1,928
|
|
| Apples (1 lb) |
$3.30
₩4,603
|
$2.22
FCFA1,383
|
|
| Bananas (1 lb) |
$1.55
₩2,163
|
$1.48
FCFA922
|
|
| Oranges (1 lb) |
$2.44
₩3,407
|
$2.22
FCFA1,383
|
|
| Tomatoes (1 lb) |
$2.68
₩3,748
|
$1.48
FCFA922
|
|
| Potatoes (1 lb) |
$1.73
₩2,416
|
$1.85
FCFA1,153
|
|
| Onions (1 lb) |
$1.39
₩1,936
|
$2.22
FCFA1,383
|
|
pay 14.8% less for transportation
|
Seoul
|
Malabo
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.59
₩6,405
|
$3.09
FCFA1,924
|
|
| Monthly public transit pass |
$44.40
₩61,986
|
$26.38
FCFA16,410
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$27,023.07
₩37,722,173
|
$33,034.81
FCFA20,550,441
|
|
| Taxi trip in downtown area (5 miles) |
$8.02
₩11,197
|
$7.35
FCFA4,574
|
|
pay 62.2% less for housing
|
Seoul
|
Malabo
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$22.27
₩31,093
|
$16.34
FCFA10,164
|
|
| 1-Bedroom apartment in downtown area |
$883.18
₩1,232,852
|
$204.24
FCFA127,052
|
|
| 1-Bedroom apartment outside city center |
$490.54
₩684,756
|
$114.37
FCFA71,149
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$133.35
₩186,151
|
$41.86
FCFA26,038
|
|
pay 90.7% less for childcare
|
Seoul
|
Malabo
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$385.48
₩538,102
|
$65.36
FCFA40,657
|
|
| Middle school for 1 child, two semesters |
$20,782.92
₩29,011,393
|
$326.78
FCFA203,284
|
|
pay 2.8% less for entertainment and sports
|
Seoul
|
Malabo
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.58
₩4,999
|
$1.63
FCFA1,016
|
|
| Cappuccino in mid-range area |
$3.60
₩5,028
|
$5.72
FCFA3,557
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.22
₩4,499
|
$4.52
FCFA2,811
|
|
| Monthly membership at local gym |
$53.73
₩75,002
|
$49.02
FCFA30,493
|
|
| Movie ticket to theater/cinema |
$10.74
₩14,996
|
$5.39
FCFA3,350
|
|
pay 52.1% more for clothing
|
Seoul
|
Malabo
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$59.13
₩82,538
|
$24.51
FCFA15,246
|
|
|
Regular dress
from H&M or similar store
|
$46.64
₩65,112
|
$102.12
FCFA63,526
|
|
|
Running shoes
Nike or Adidas
|
$86.69
₩121,017
|
$245.08
FCFA152,463
|
|
| Men's business shoes (leather) |
$124.89
₩174,338
|
$81.69
FCFA50,821
|
|
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