Cost of living comparison

compared to

Malabo vs. Podgorica Cost of Living Summary

Malabo is 13.9% cheaper than Podgorica.

Restaurants
pay 35.5% less in Malabo
Groceries
pay 26.0% more in Malabo
Transportation
pay 5.4% more in Malabo
Housing
pay 60.0% less in Malabo
Childcare
pay 95.3% less in Malabo
Entertainment and Sports
pay 28.8% more in Malabo
Clothing
pay 33.0% more in Malabo

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

Malabo vs. Podgorica Cost Breakdown

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

pay 35.5% less for restaurants

 
Podgorica
Malabo
Basic meal with drink at inexpensive restaurant $11.10
€9.47
??
Fast food combo meal
McDonalds, or similar
$9.34
€7.98
$8.90
FCFA4,987
Bottle of Coca-Cola (11 fl. oz) $2.43
€2.07
$0.89
FCFA499

Improve prices ·

pay 26.0% more for groceries

 
Podgorica
Malabo
Bread
1 loaf
$1.06
€0.90
??
Local cheese (8 oz) $4.45
€3.80
$3.36
FCFA1,882
Milk (1 gallon) $5.00
€4.27
$10.78
FCFA6,040

Improve prices ·

pay 5.4% more for transportation

 
Podgorica
Malabo
Gasoline (1 gallon) $6.63
€5.66
??
Monthly public transit pass $35.04
€29.92
$26.33
FCFA14,747
New Volkswagen Golf 1.4 (standard edition) $26,863.76
€22,937.94
$32,972.23
FCFA18,467,631

Improve prices ·

pay 60.0% less for housing

 
Podgorica
Malabo
Internet connection
50 mbps or faster, cable/dsl
$32.83
€28.04
$17.81
FCFA9,973
1-Bedroom apartment in downtown area $654.56
€558.90
$267.09
FCFA149,595
1-Bedroom apartment outside city center $501.37
€428.10
$124.64
FCFA69,811

Improve prices ·

pay 95.3% less for childcare

 
Podgorica
Malabo
Private preschool for 1 child, monthly $292.00
€249.33
??
Middle school for 1 child, two semesters $7,533.53
€6,432.60
$356.12
FCFA199,460

Improve prices ·

pay 28.8% more for entertainment and sports

 
Podgorica
Malabo
Domestic/local beer (1 pint) $2.74
€2.34
??
Cappuccino in mid-range area $2.20
€1.88
$5.34
FCFA2,992
Pack of cigarettes
Marlboro or similar
$4.32
€3.69
$4.51
FCFA2,526

Improve prices ·

pay 33.0% more for clothing

 
Podgorica
Malabo
Regular jeans
Levi's brand
$86.70
€74.03
$26.71
FCFA14,960
Regular dress
from H&M or similar store
$46.72
€39.89
$133.54
FCFA74,798
Running shoes
Nike or Adidas
$95.63
€81.65
??

Improve prices ·
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
Share this

Compare countries by overall cost of living

See the cost of living in Montenegro vs. Equatorial Guinea. This provides a comparison of the average cost of living from cities within Montenegro 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 Podgorica. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.