Cost of living comparison
compared to
Malabo vs. Panama City Cost of Living Summary
Malabo is 21.3% cheaper than Panama City.
- Restaurants
-
pay 23.2% less in Malabo
- Groceries
-
pay 15.0% more in Malabo
- Transportation
-
pay 4.7% more in Malabo
- Housing
-
pay 75.9% less in Malabo
- Childcare
-
pay 97.7% less in Malabo
- Entertainment and Sports
-
pay 6.9% less in Malabo
- Clothing
-
pay 34.9% more in Malabo
The cost of clothing, groceries, and transportation in Malabo are more expensive than in Panama City. Expenses including childcare, housing, restaurants, and entertainment and sports are lower in Malabo.
Malabo vs. Panama City Cost Breakdown
If you lived in Malabo instead of Panama City, you would:
pay 23.2% less for restaurants
|
Panama City
|
Malabo
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$10.00
PAB10.00
|
?? | |
|
Fast food combo meal
McDonalds, or similar
|
$8.00
PAB8.00
|
$8.90
FCFA5,015
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.70
PAB1.70
|
$0.89
FCFA502
|
|
| Bottle of water (11 fl. oz) |
$1.33
PAB1.33
|
$0.89
FCFA502
|
|
Panama City vs. Malabo - Cost of restaurants
pay 15.0% more for groceries
|
Panama City
|
Malabo
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.56
PAB2.56
|
?? | |
| Local cheese (8 oz) |
$5.81
PAB5.81
|
$3.36
FCFA1,893
|
|
| Milk (1 gallon) |
$6.82
PAB6.82
|
$10.78
FCFA6,075
|
|
|
Eggs
1 dozen
|
$2.84
PAB2.84
|
$4.27
FCFA2,407
|
|
| Boneless chicken breast (1 lb) |
$3.29
PAB3.29
|
$3.09
FCFA1,742
|
|
| Apples (1 lb) |
$1.65
PAB1.65
|
?? | |
| Bananas (1 lb) |
$0.70
PAB0.70
|
?? | |
| Oranges (1 lb) |
$1.40
PAB1.40
|
?? | |
| Tomatoes (1 lb) |
$1.46
PAB1.46
|
?? | |
| Potatoes (1 lb) |
$1.00
PAB1.00
|
?? | |
| Onions (1 lb) |
$1.37
PAB1.37
|
?? | |
Panama City vs. Malabo - Cost of groceries
pay 4.7% more for transportation
|
Panama City
|
Malabo
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.44
PAB3.44
|
?? | |
| Monthly public transit pass |
$22.50
PAB22.50
|
$26.33
FCFA14,833
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$19,750.00
PAB19,750.00
|
$32,972.23
FCFA18,574,687
|
|
| Taxi trip in downtown area (5 miles) |
$26.50
PAB26.50
|
$8.01
FCFA4,514
|
|
Panama City vs. Malabo - Cost of transportation
pay 75.9% less for housing
|
Panama City
|
Malabo
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$49.20
PAB49.20
|
$17.81
FCFA10,031
|
|
| 1-Bedroom apartment in downtown area |
$1,164.71
PAB1,164.71
|
$267.09
FCFA150,462
|
|
| 1-Bedroom apartment outside city center |
$953.85
PAB953.85
|
$124.64
FCFA70,216
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$95.90
PAB95.90
|
?? | |
Panama City vs. Malabo - Cost of housing
pay 97.7% less for childcare
|
Panama City
|
Malabo
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$476.00
PAB476.00
|
?? | |
| Middle school for 1 child, two semesters |
$15,733.33
PAB15,733.33
|
$356.12
FCFA200,617
|
|
Panama City vs. Malabo - Cost of childcare
pay 6.9% less for entertainment and sports
|
Panama City
|
Malabo
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.00
PAB3.00
|
?? | |
| Cappuccino in mid-range area |
$3.61
PAB3.61
|
$5.34
FCFA3,009
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.92
PAB5.92
|
$4.51
FCFA2,540
|
|
| Monthly membership at local gym |
$43.86
PAB43.86
|
$35.61
FCFA20,062
|
|
| Movie ticket to theater/cinema |
$8.00
PAB8.00
|
$5.38
FCFA3,028
|
|
Panama City vs. Malabo - Cost of entertainment and sports
pay 34.9% more for clothing
|
Panama City
|
Malabo
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$50.00
PAB50.00
|
$26.71
FCFA15,046
|
|
|
Regular dress
from H&M or similar store
|
$47.50
PAB47.50
|
$133.54
FCFA75,231
|
|
|
Running shoes
Nike or Adidas
|
$89.55
PAB89.55
|
?? | |
| Men's business shoes (leather) |
$126.88
PAB126.88
|
$89.03
FCFA50,154
|
|
Panama City vs. Malabo - Cost of clothing
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: December 2025
Change currency:
Compare countries by overall cost of living
See the
cost of living in Panama vs. Equatorial Guinea.
This provides a comparison of the average cost of living from cities within Panama and Equatorial Guinea.
Help us improve these prices
MyLifeElsewhere is a collaborative project. Please enter price information for your location to help assist us in making these comparisons more accurate.
Learn more
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Malabo or Panama City. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.