Cost of living comparison

compared to

Podgorica vs. Malabo Cost of Living Summary

Podgorica is 4.3 times more expensive than Malabo.

Restaurants
pay 80.0% more in Podgorica
Groceries
pay 5.4% less in Podgorica
Transportation
pay 0.3% less in Podgorica
Housing
pay 2.8 times more in Podgorica
Childcare
pay 21.2 times more in Podgorica
Entertainment and Sports
pay 5.7% less in Podgorica
Clothing
pay 60.3% more in Podgorica

The cost of childcare, housing, restaurants, and clothing in Podgorica are more expensive than in Malabo. Expenses including entertainment and sports, groceries, and transportation are lower in Podgorica. Notably, childcare, housing, and restaurants are significantly more expensive in Podgorica.

Podgorica vs. Malabo Cost Breakdown

If you lived in Podgorica instead of Malabo, you would:

pay 80.0% more for restaurants

 
Malabo
Podgorica
Basic meal with drink at inexpensive restaurant ?? $11.10
€9.39
Fast food combo meal
McDonalds, or similar
$8.90
FCFA4,942
$9.34
€7.91
Bottle of Coca-Cola (11 fl. oz) $0.89
FCFA494
$2.43
€2.05

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pay 5.4% less for groceries

 
Malabo
Podgorica
Bread
1 loaf
?? $1.06
€0.90
Local cheese (8 oz) $3.36
FCFA1,865
$4.45
€3.77
Milk (1 gallon) $10.78
FCFA5,986
$5.00
€4.23

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pay 0.3% less for transportation

 
Malabo
Podgorica
Gasoline (1 gallon) ?? $6.63
€5.61
Monthly public transit pass $26.33
FCFA14,614
$35.04
€29.65
New Volkswagen Golf 1.4 (standard edition) $32,972.23
FCFA18M
$26,863.76
€22,731.23

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pay 2.8 times more for housing

 
Malabo
Podgorica
Internet connection
50 mbps or faster, cable/dsl
$17.81
FCFA9,883
$32.83
€27.78
1-Bedroom apartment in downtown area $267.09
FCFA148K
$654.56
€553.87
1-Bedroom apartment outside city center $124.64
FCFA69,182
$501.37
€424.24

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pay 21.2 times more for childcare

 
Malabo
Podgorica
Private preschool for 1 child, monthly ?? $292.00
€247.08
Middle school for 1 child, two semesters $356.12
FCFA198K
$7,533.53
€6,374.63

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pay 5.7% less for entertainment and sports

 
Malabo
Podgorica
Domestic/local beer (1 pint) ?? $2.74
€2.32
Cappuccino in mid-range area $5.34
FCFA2,965
$2.20
€1.86
Pack of cigarettes
Marlboro or similar
$4.51
FCFA2,503
$4.32
€3.66

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pay 60.3% more for clothing

 
Malabo
Podgorica
Regular jeans
Levi's brand
$26.71
FCFA14,825
$86.70
€73.36
Regular dress
from H&M or similar store
$133.54
FCFA74,124
$46.72
€39.53
Running shoes
Nike or Adidas
?? $95.63
€80.92

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: March 2026
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