Cost of living comparison

compared to

Nigeria vs. Equatorial Guinea Cost of Living Summary

Nigeria is 7.6% cheaper than Equatorial Guinea overall.

Restaurants
pay 59.8% less in Nigeria
Groceries
pay 31.4% less in Nigeria
Transportation
pay 34.7% less in Nigeria
Housing
pay 27.1% more in Nigeria
Childcare
pay 12.0 times more in Nigeria
Entertainment and Sports
pay 47.6% less in Nigeria

The cost of childcare and housing in Nigeria are more expensive than in Equatorial Guinea. Expenses including restaurants, entertainment and sports, transportation, and groceries are lower in Nigeria. Notably, childcare is significantly more expensive in Nigeria.

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Nigeria vs. Equatorial Guinea Cost Breakdown

If you lived in Nigeria instead of Equatorial Guinea, you would:

pay 59.8% less for restaurants

 
Equatorial Guinea
Nigeria
Basic meal with drink at inexpensive restaurant $8.54
FCFA4,999
$2.19
NGN2,942.11
Fast food combo meal
McDonalds, or similar
 $8.54
FCFA4,999
$5.09
NGN6,858.49
Bottle of Coca-Cola (11 fl. oz) $0.85
FCFA500
$0.36
NGN478.77
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pay 31.4% less for groceries

 
Equatorial Guinea
Nigeria
Bread
1 loaf
 ?? $0.95
NGN1,276.57
Local cheese (8 oz) $3.37
FCFA1,973
$2.24
NGN3,013.39
Milk (1 gallon) $10.34
FCFA6,056
$9.26
NGN12,470.67
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pay 34.7% less for transportation

 
Equatorial Guinea
Nigeria
Gasoline (1 gallon) ?? $2.41
NGN3,241.83
Monthly public transit pass $26.40
FCFA15,461
$21.22
NGN28,578.58
New Volkswagen Golf 1.4 (standard edition) $33,056.06
FCFA19M
$18,156.84
NGN24M
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pay 27.1% more for housing

 
Equatorial Guinea
Nigeria
Internet connection
50 mbps or faster, cable/dsl
 ?? $18.12
NGN24,396.67
1-Bedroom apartment in downtown area ?? $372.59
NGN502K
1-Bedroom apartment outside city center $223.95
FCFA131K
$284.75
NGN383K
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pay 12.0 times more for childcare

 
Equatorial Guinea
Nigeria
Private preschool for 1 child, monthly ?? $219.45
NGN295K
Middle school for 1 child, two semesters $341.40
FCFA200K
$4,089.03
NGN6M
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pay 47.6% less for entertainment and sports

 
Equatorial Guinea
Nigeria
Domestic/local beer (1 pint) $1.71
FCFA1,000
$0.74
NGN993.31
Cappuccino in mid-range area $4.69
FCFA2,749
$2.31
NGN3,105.50
Pack of cigarettes
Marlboro or similar
 $4.52
FCFA2,648
$1.13
NGN1,523.84
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pay (unknown) more for clothing

 
Equatorial Guinea
Nigeria
Regular jeans
Levi's brand
 ?? $13.41
NGN18,055.96
Regular dress
from H&M or similar store
 ?? $20.94
NGN28,193.72
Running shoes
Nike or Adidas
 ?? $34.35
NGN46,257.70
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We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated November 2026). How we calculate this

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Compare further: Equatorial Guinea vs. Nigeria

Salary Calculator · Free tool
What salary would you need in Nigeria?
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Quality of Life Comparison · 20 statistics
Make 81.5% less money in Nigeria
→
Size Comparison · See true size
Equatorial Guinea is about 33 times smaller than Nigeria.
→
Moving from Equatorial Guinea to Nigeria · Cost, visas & climate
Compare cost of living, salary and climate.
→
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