Cost of living comparison
Malabo is 2.3 times more expensive than Accra.
If you lived in Malabo instead of Accra, you would:
pay 3.5 times more for restaurants
|
Accra
|
Malabo
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$4.16
GHS56.28
|
$13.41
FCFA8,223
|
|
|
Fast food combo meal
McDonalds, or similar
|
$6.47
GHS87.55
|
$20.95
FCFA12,848
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.61
GHS8.24
|
$1.12
FCFA685
|
|
| Bottle of water (11 fl. oz) |
$0.22
GHS2.97
|
$1.26
FCFA771
|
|
pay 2.2 times more for groceries
|
Accra
|
Malabo
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.13
GHS15.33
|
$3.34
FCFA2,048
|
|
| Local cheese (8 oz) |
$3.96
GHS53.63
|
?? | |
| Milk (1 gallon) |
$7.28
GHS98.62
|
$8.88
FCFA5,447
|
|
|
Eggs
1 dozen
|
$1.71
GHS23.13
|
$2.01
FCFA1,233
|
|
| Boneless chicken breast (1 lb) |
$1.87
GHS25.30
|
$2.28
FCFA1,399
|
|
| Apples (1 lb) |
$0.99
GHS13.44
|
$2.66
FCFA1,632
|
|
| Bananas (1 lb) |
$0.43
GHS5.80
|
$1.33
FCFA816
|
|
| Oranges (1 lb) |
$0.58
GHS7.92
|
$1.90
FCFA1,166
|
|
| Tomatoes (1 lb) |
$0.85
GHS11.51
|
$1.33
FCFA816
|
|
| Potatoes (1 lb) |
$0.84
GHS11.36
|
$2.01
FCFA1,236
|
|
| Onions (1 lb) |
$0.70
GHS9.41
|
$1.90
FCFA1,166
|
|
pay 73.7% more for transportation
|
Accra
|
Malabo
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.69
GHS49.89
|
$3.11
FCFA1,907
|
|
| Monthly public transit pass |
$23.56
GHS318.92
|
$58.66
FCFA35,975
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$6,189.79
GHS83,795.34
|
$16,761.01
FCFA10,278,596
|
|
| Taxi trip in downtown area (5 miles) |
$8.31
GHS112.56
|
$7.54
FCFA4,625
|
|
pay 87.3% more for housing
|
Accra
|
Malabo
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$41.59
GHS563.08
|
$167.61
FCFA102,786
|
|
| 1-Bedroom apartment in downtown area |
$895.45
GHS12,122.33
|
$209.51
FCFA128,482
|
|
| 1-Bedroom apartment outside city center |
$59.21
GHS801.57
|
$117.33
FCFA71,950
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$29.83
GHS403.81
|
$37.17
FCFA22,794
|
|
pay 34.2% less for childcare
|
Accra
|
Malabo
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$60.39
GHS817.57
|
$67.04
FCFA41,114
|
|
| Middle school for 1 child, two semesters |
$5,690.48
GHS77,035.89
|
$1,173.27
FCFA719,502
|
|
pay 63.6% more for entertainment and sports
|
Accra
|
Malabo
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$0.92
GHS12.51
|
$0.84
FCFA514
|
|
| Cappuccino in mid-range area |
$2.14
GHS28.95
|
$6.70
FCFA4,111
|
|
|
Pack of cigarettes
Marlboro or similar
|
$1.48
GHS20.01
|
$1.68
FCFA1,028
|
|
| Monthly membership at local gym |
$36.72
GHS497.14
|
$50.28
FCFA30,836
|
|
| Movie ticket to theater/cinema |
$6.01
GHS81.29
|
?? | |
pay 4.4 times more for clothing
|
Accra
|
Malabo
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$13.41
GHS181.47
|
$25.14
FCFA15,418
|
|
|
Regular dress
from H&M or similar store
|
$12.88
GHS174.31
|
$81.01
FCFA49,680
|
|
|
Running shoes
Nike or Adidas
|
$34.37
GHS465.25
|
$251.42
FCFA154,179
|
|
| Men's business shoes (leather) |
$34.18
GHS462.75
|
$75.42
FCFA46,254
|
|
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