Cost of Living in Akure vs Malabo

Cost of living in Akure is 45% lower than in Malabo (without rent).

Rent in Akure is 63% more expensive than in Malabo.

Cost of living including rent in Akure is 22% lower than in Malabo.

Food in Akure is 57% cheaper than in Malabo.

Transport in Akure is 103% more expensive than in Malabo.

Akure vs. Malabo Comparision

Akure Malabo
Cost of Living, including rent
635 $
812 $
Without Rent
350 $
636 $
Rent & Utilities
285 $
175 $
Food
216 $
498 $
Transport
86 $
42 $
Monthly Salary, after tax
98 $
341 $
Quality of Life
14
34
Population
848.0K
297.0K

Compare other cities?

Akure Malabo

Restaurants

Lunch menu,
inexpensive restaurant
1.42 $ 13.6 $
Dinner, for 2 12.1 $ 42.9 $
Fast food, McDonalds or KFC 6.72 $ 17.1 $
Beer, 0.5 L or 16 fl oz 2.66 $ 1.69 $
Capuccino 2.12 $ 6.83 $
Coke, 330ml 0.38 $ 1.7 $

Markets

Milk, 1 L or 1 qt 1.74 $ 2.69 $
Bread, 0.5 kg or 1 lb 0.83 $ 3.38 $
Rice, 1 kg or 2 lb 1.63 $ 1.7 $
Eggs, 12 pack 1.76 $ 3.03 $
Cheese, 1 kg or 2 lb 7.65 $ 6.7 $
Chicken Breast, 1 kg or 2 lb 4.97 $ 6.84 $
Round Steak, 1 kg or 2 lb 5.31 $ 7.36 $
Apples, 1 kg or 2 lb 2.7 $ 5.09 $
Banana, 1 kg or 2 lb 2.61 $ 3.42 $
Oranges, 1 kg or 2 lb 1.92 $ 5.15 $
Potatoes, 1 kg or 2 lb 1.34 $ 4.22 $
Onions, 1 kg or 2 lb 1.82 $ 2.98 $
Water, 1 L or 1 qt 0.31 $ 0.69 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 0.61 $ 2.53 $
Wine, 750 mL bottle 3.37 $ 5.13 $
Beer, 0.5 L or 16 fl oz 1.66 $ 1.44 $
Cigarette pack 1.28 $ 4.53 $

Transport

Local transport ticket, One-way Ticket 0.25 $ 1.28 $
Monthly pass, Monthly Ticket 16.7 $ 26.5 $
Gas or petrol, 1 L or 0.26 gal 0.4 $ 0.85 $
Taxi, 8 km 19 $ 7.6 $

Personal Care

Doctor visit, private clinic 5.96 $ 29.6 $
Cold medicine, for 1 week 2.1 $ 5.87 $
Hair shampoo, 400 ml or 12 oz 1.2 $ 4.21 $
Toilet paper, 4 rolls 0.6 $ 1.91 $
Toothpaste, 1 tube 0.47 $ 3.06 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
14.5 $ 34.8 $
Utility bill - family,
electricity, heating, water & garbage
22.3 $ 53.1 $
Internet plan,
+60 Mbps
16.7 $ 17.2 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 231 $ 107 $
3 Bedroom Apartment, outside of center, 85 sq.m 366 $ 385 $
1 Bedroom Apartment, in city center, 40 sq.m 345 $ 190 $
3 Bedroom Apartment, in city center, 85 sq.m 634 $ 772 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 780 $ 848 $
Price per Square Meter to Buy House, in suburbs 562 $ 640 $

Salaries and Financing

Average Monthly Net Salary, after tax 97.9 $ 341 $
Mortgage Interest Rate, for 20 years fixed-rate 16.39 % 6.75 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 24 $ 51.1 $
Cinema, 1 seat 4.81 $ 5.43 $
Haircut 1.55 $ 9.66 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 77.2 $ 144 $
Brand Jeans, Levis 501 21.5 $ 25.7 $

Childcare

Preschool, full day, monthly for 1 child 63 $ 68.5 $
International Primary School, yearly for 1 child 2,308 $ 5,705 $