Cost of living comparison

Equatorial Guinea

compared to

South Korea

South Korea vs. Equatorial Guinea Cost of Living Summary

South Korea is 76.6% more expensive than Equatorial Guinea overall.

Restaurants: pay 6.6% less in South Korea
Groceries: pay 52.7% more in South Korea
Transportation: pay 18.6% more in South Korea
Housing: pay 73.2% more in South Korea
Childcare: pay 59.2 times more in South Korea
Entertainment and Sports: pay 44.2% more in South Korea

The cost of childcare, housing, groceries, entertainment and sports, and transportation in South Korea are more expensive than in Equatorial Guinea. Notably, childcare is significantly more expensive in South Korea.

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South Korea vs. Equatorial Guinea Cost Breakdown

If you lived in South Korea instead of Equatorial Guinea, you would:

Display currency: USD

pay 6.6% less for restaurants

	Equatorial Guinea	South Korea
Basic meal with drink at inexpensive restaurant	$8.54 FCFA4,983	$7.06 ₩9,422	-17.3%
Fast food combo meal McDonalds, or similar	$8.54 FCFA4,983	$6.17 ₩8,230	-27.8%
Bottle of Coca-Cola (11 fl. oz)	$0.85 FCFA498	$1.53 ₩2,039	+79.0%
Bottle of water (11 fl. oz)	$0.43 FCFA249	$0.88 ₩1,181	+107.4%
Average			-6.6%

Equatorial Guinea vs. South Korea - Cost of restaurants

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pay 52.7% more for groceries

	Equatorial Guinea	South Korea
Bread 1 loaf	??	$3.04 ₩4,055
Local cheese (8 oz)	$3.37 FCFA1,966	$6.12 ₩8,174	+81.8%
Milk (1 gallon)	$10.34 FCFA6,036	$8.23 ₩10,982	-20.4%
Eggs 1 dozen	$3.76 FCFA2,193	$2.94 ₩3,923	-21.7%
Boneless chicken breast (1 lb)	$2.71 FCFA1,583	$4.11 ₩5,484	+51.5%
Apples (1 lb)	$1.08 FCFA633	$4.00 ₩5,342	+269.2%
Bananas (1 lb)	$0.77 FCFA452	$1.55 ₩2,069	+100.2%
Oranges (1 lb)	??	$3.00 ₩4,000
Tomatoes (1 lb)	??	$2.63 ₩3,513
Potatoes (1 lb)	??	$2.03 ₩2,715
Onions (1 lb)	??	$1.26 ₩1,685
Average			+52.7%

Equatorial Guinea vs. South Korea - Cost of groceries

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pay 18.6% more for transportation

	Equatorial Guinea	South Korea
Gasoline (1 gallon)	??	$5.01 ₩6,685
Monthly public transit pass	$26.40 FCFA15,411	$46.10 ₩61,538	+74.7%
New Volkswagen Golf 1.4 (standard edition)	$33,056.06 FCFA19M	$28,394.53 ₩38M	-14.1%
Taxi trip in downtown area (5 miles)	??	$8.59 ₩11,470
Average			+18.6%

Equatorial Guinea vs. South Korea - Cost of transportation

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pay 73.2% more for housing

	Equatorial Guinea	South Korea
Internet connection 50 mbps or faster, cable/dsl	??	$24.34 ₩32,490
1-Bedroom apartment in downtown area	??	$561.73 ₩750K
1-Bedroom apartment outside city center	$223.95 FCFA131K	$387.83 ₩518K	+73.2%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	??	$153.72 ₩205K
Average			+73.2%

Equatorial Guinea vs. South Korea - Cost of housing

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pay 59.2 times more for childcare

	Equatorial Guinea	South Korea
Private preschool for 1 child, monthly	??	$545.93 ₩729K
Middle school for 1 child, two semesters	$341.40 FCFA199K	$20,214.53 ₩27M	+5821.0%
Average			+5821.0%

Equatorial Guinea vs. South Korea - Cost of childcare

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pay 44.2% more for entertainment and sports

	Equatorial Guinea	South Korea
Domestic/local beer (1 pint)	$1.71 FCFA997	$3.30 ₩4,403	+93.2%
Cappuccino in mid-range area	$4.69 FCFA2,741	$3.66 ₩4,888	-22.0%
Pack of cigarettes Marlboro or similar	$4.52 FCFA2,639	$3.35 ₩4,467	-26.0%
Monthly membership at local gym	$34.14 FCFA19,932	$57.32 ₩76,507	+67.9%
Movie ticket to theater/cinema	$5.39 FCFA3,146	$11.28 ₩15,062	+109.4%
Average			+44.2%

Equatorial Guinea vs. South Korea - Cost of entertainment and sports

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pay (unknown) more for clothing

	Equatorial Guinea	South Korea
Regular jeans Levi's brand	??	$67.53 ₩90,139
Regular dress from H&M or similar store	??	$53.43 ₩71,316
Running shoes Nike or Adidas	??	$78.10 ₩104K
Men's business shoes (leather)	??	$102.84 ₩137K

Equatorial Guinea vs. South Korea - Cost of clothing

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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 October 2026). How we calculate this

Compare further: Equatorial Guinea vs. South Korea

Salary Calculator · Free tool

What salary would you need in South Korea?

Quality of Life Comparison · 21 statistics

Make 5.5 times more money in South Korea

Size Comparison · See true size

Equatorial Guinea is about 3.5 times smaller than South Korea.

Moving from Equatorial Guinea to South Korea · OECD 2023

1 people moved from Equatorial Guinea to South Korea.

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