Cost of living in Malabo is 21% higher than in Lagos (without rent).
Rent in Malabo is 71% cheaper than in Lagos.
Cost of living including rent in Malabo is 28% lower than in Lagos.
Food in Malabo is 75% more expensive than in Lagos.
Transport in Malabo is 77% cheaper than in Lagos.
| Malabo | Lagos | |
|---|---|---|
| Cost of Living, including rent | ||
| Without Rent | ||
| Rent & Utilities | ||
| Food | ||
| Transport | ||
| Monthly Salary, after tax | ||
| Quality of Life | ||
| Population |
| Malabo | Lagos | |
|---|---|---|
Restaurants |
||
| Lunch menu, inexpensive restaurant |
13.6 $ | 2.98 $ |
| Dinner, for 2 | 42.9 $ | 45.7 $ |
| Fast food, McDonalds or KFC | 17.1 $ | 6.78 $ |
| Beer, 0.5 L or 16 fl oz | 1.69 $ | 0.96 $ |
| Capuccino | 6.83 $ | 2.55 $ |
| Coke, 330ml | 1.7 $ | 0.38 $ |
Markets |
Milk, 1 L or 1 qt | 2.69 $ | 2.95 $ |
| Bread, 0.5 kg or 1 lb | 3.38 $ | 1.46 $ |
| Rice, 1 kg or 2 lb | 1.7 $ | 2.14 $ |
| Eggs, 12 pack | 3.03 $ | 2.07 $ |
| Cheese, 1 kg or 2 lb | 6.7 $ | 5.65 $ |
| Chicken Breast, 1 kg or 2 lb | 6.84 $ | 4.98 $ |
| Round Steak, 1 kg or 2 lb | 7.36 $ | 6.29 $ |
| Apples, 1 kg or 2 lb | 5.09 $ | 3.7 $ |
| Banana, 1 kg or 2 lb | 3.42 $ | 2.59 $ |
| Oranges, 1 kg or 2 lb | 5.15 $ | 2.38 $ |
| Potatoes, 1 kg or 2 lb | 4.22 $ | 2.46 $ |
| Onions, 1 kg or 2 lb | 2.98 $ | 1.89 $ |
| Water, 1 L or 1 qt | 0.69 $ | 0.3 $ |
| Coca-Cola / Pepsi, 2 L or 67.6 fl oz | 2.53 $ | 0.5 $ |
| Wine, 750 mL bottle | 5.13 $ | 6.01 $ |
| Beer, 0.5 L or 16 fl oz | 1.44 $ | 0.99 $ |
| Cigarette pack | 4.53 $ | 1.28 $ |
Transport |
||
| Local transport ticket, One-way Ticket | 1.28 $ | 0.68 $ |
| Monthly pass, Monthly Ticket | 26.5 $ | 36.5 $ |
| Gas or petrol, 1 L or 0.26 gal | 0.85 $ | 0.71 $ |
| Taxi, 8 km | 7.6 $ | 18.9 $ |
Personal Care |
||
| Doctor visit, private clinic | 29.6 $ | 9.95 $ |
| Cold medicine, for 1 week | 5.87 $ | 1.31 $ |
| Hair shampoo, 400 ml or 12 oz | 4.21 $ | 1.03 $ |
| Toilet paper, 4 rolls | 1.91 $ | 0.42 $ |
| Toothpaste, 1 tube | 3.06 $ | 0.45 $ |
Utilities per Month |
||
| Utility bill - 1 person, electricity, heating, water & garbage |
34.8 $ | 24.3 $ |
| Utility bill - family, electricity, heating, water & garbage |
53.1 $ | 37.4 $ |
| Internet plan, +60 Mbps |
17.2 $ | 39.8 $ |
Rent per Month |
||
| 1 Bedroom Apartment, outside of center, 40 sq.m | 107 $ | 476 $ |
| 3 Bedroom Apartment, outside of center, 85 sq.m | 385 $ | 1,225 $ |
| 1 Bedroom Apartment, in city center, 40 sq.m | 190 $ | 810 $ |
| 3 Bedroom Apartment, in city center, 85 sq.m | 772 $ | 2,211 $ |
Buy Apartment Price |
||
| Price per Square Meter to Buy Apartment, in city center | 848 $ | 1,328 $ |
| Price per Square Meter to Buy House, in suburbs | 640 $ | 253 $ |
Salaries and Financing |
||
| Average Monthly Net Salary, after tax | 341 $ | 180 $ |
| Mortgage Interest Rate, for 20 years fixed-rate | 6.75 % | 16.26 % |
Sports and Leisure |
||
| Fitness Club, Monthly Fee for 1 Adult | 51.1 $ | 40.4 $ |
| Cinema, 1 seat | 5.43 $ | 6.4 $ |
| Haircut | 9.66 $ | 2.06 $ |
Clothing and Shoes |
||
| Brand Sneakers, mid-range, Nike or similar | 144 $ | 77.5 $ |
| Brand Jeans, Levis 501 | 25.7 $ | 21.6 $ |
Childcare |
||
| Preschool, full day, monthly for 1 child | 68.5 $ | 82 $ |
| International Primary School, yearly for 1 child | 5,705 $ | 2,307 $ |