Cost of living comparison
South Korea is 2.6 times more expensive than Equatorial Guinea.
If you lived in South Korea instead of Equatorial Guinea, you would:
pay 37.5% less for restaurants
Equatorial Guinea
|
South Korea
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$13.41
FCFA8,249
|
$6.13
₩8,425
|
|
Fast food combo meal
McDonalds, or similar
|
$20.95
FCFA12,889
|
$5.18
₩7,118
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.12
FCFA687
|
$1.41
₩1,933
|
|
Bottle of water (11 fl. oz) |
$1.26
FCFA773
|
$0.67
₩928
|
|
pay 11.7% more for groceries
Equatorial Guinea
|
South Korea
|
||
---|---|---|---|
Bread
1 loaf
|
$3.34
FCFA2,054
|
$2.74
₩3,770
|
|
Local cheese (8 oz) | ?? |
$8.12
₩11,160
|
|
Milk (1 gallon) |
$8.88
FCFA5,465
|
$7.20
₩9,897
|
|
Eggs
1 dozen
|
$2.01
FCFA1,237
|
$2.73
₩3,755
|
|
Boneless chicken breast (1 lb) |
$2.28
FCFA1,403
|
$3.58
₩4,927
|
|
Apples (1 lb) |
$2.66
FCFA1,637
|
$2.90
₩3,981
|
|
Bananas (1 lb) |
$1.33
FCFA818
|
$1.51
₩2,075
|
|
Oranges (1 lb) |
$1.90
FCFA1,169
|
$2.66
₩3,658
|
|
Tomatoes (1 lb) |
$1.33
FCFA818
|
$2.29
₩3,151
|
|
Potatoes (1 lb) |
$2.01
FCFA1,239
|
$1.40
₩1,920
|
|
Onions (1 lb) |
$1.90
FCFA1,169
|
$1.08
₩1,490
|
|
pay 31.9% more for transportation
Equatorial Guinea
|
South Korea
|
||
---|---|---|---|
Gasoline (1 gallon) |
$3.11
FCFA1,913
|
$4.92
₩6,769
|
|
Monthly public transit pass |
$58.66
FCFA36,090
|
$43.73
₩60,105
|
|
New Volkswagen Golf 1.4 (standard edition) |
$16,761.01
FCFA10,311,372
|
$28,660.56
₩39,393,791
|
|
Taxi trip in downtown area (5 miles) |
$7.54
FCFA4,640
|
$9.34
₩12,832
|
|
pay 89.2% more for housing
Equatorial Guinea
|
South Korea
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$167.61
FCFA103,114
|
$21.09
₩28,987
|
|
1-Bedroom apartment in downtown area |
$209.51
FCFA128,892
|
$392.42
₩539,382
|
|
1-Bedroom apartment outside city center |
$117.33
FCFA72,180
|
$302.43
₩415,688
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$37.17
FCFA22,867
|
$111.18
₩152,811
|
|
pay 10.6 times more for childcare
Equatorial Guinea
|
South Korea
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$67.04
FCFA41,245
|
$342.96
₩471,391
|
|
Middle school for 1 child, two semesters |
$1,173.27
FCFA721,796
|
$18,987.50
₩26,098,224
|
|
pay 72.7% more for entertainment and sports
Equatorial Guinea
|
South Korea
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$0.84
FCFA516
|
$2.92
₩4,011
|
|
Cappuccino in mid-range area |
$6.70
FCFA4,125
|
$3.29
₩4,521
|
|
Pack of cigarettes
Marlboro or similar
|
$1.68
FCFA1,031
|
$3.45
₩4,742
|
|
Monthly membership at local gym |
$50.28
FCFA30,934
|
$44.03
₩60,514
|
|
Movie ticket to theater/cinema | ?? |
$8.93
₩12,268
|
|
pay 0.4% less for clothing
Equatorial Guinea
|
South Korea
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$25.14
FCFA15,467
|
$48.44
₩66,584
|
|
Regular dress
from H&M or similar store
|
$81.01
FCFA49,838
|
$44.60
₩61,301
|
|
Running shoes
Nike or Adidas
|
$251.42
FCFA154,671
|
$75.46
₩103,715
|
|
Men's business shoes (leather) |
$75.42
FCFA46,401
|
$91.03
₩125,126
|
|
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