Cost of living comparison

compared to

Malabo vs. Seoul Cost of Living Summary

Malabo is 16.8% cheaper than Seoul.

Restaurants
pay 3.2% more in Malabo
Groceries
pay 0.3% less in Malabo
Transportation
pay 11.7% less in Malabo
Housing
pay 54.1% less in Malabo
Childcare
pay 98.4% less in Malabo
Clothing
pay 60.6% more in Malabo

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

Malabo vs. Seoul Cost Breakdown

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

pay 3.2% more for restaurants

 
Seoul
Malabo
Basic meal with drink at inexpensive restaurant $8.49
₩12,514
??
Fast food combo meal
McDonalds, or similar
$6.30
₩9,281
$8.90
FCFA5,015
Bottle of Coca-Cola (11 fl. oz) $1.64
₩2,415
$0.89
FCFA502

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pay 0.3% less for groceries

 
Seoul
Malabo
Bread
1 loaf
$3.24
₩4,772
??
Local cheese (8 oz) $6.79
₩10,011
$3.36
FCFA1,893
Milk (1 gallon) $7.85
₩11,566
$10.78
FCFA6,075

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pay 11.7% less for transportation

 
Seoul
Malabo
Gasoline (1 gallon) $4.43
₩6,530
??
Monthly public transit pass $45.99
₩67,782
$26.33
FCFA14,833
New Volkswagen Golf 1.4 (standard edition) $25,072.36
₩36,951,647
$32,972.23
FCFA18,574,687

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pay 54.1% less for housing

 
Seoul
Malabo
Internet connection
50 mbps or faster, cable/dsl
$20.56
₩30,296
$17.81
FCFA10,031
1-Bedroom apartment in downtown area $925.55
₩1,364,083
$267.09
FCFA150,462
1-Bedroom apartment outside city center $559.33
₩824,340
$124.64
FCFA70,216

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pay 98.4% less for childcare

 
Seoul
Malabo
Private preschool for 1 child, monthly $360.15
₩530,786
??
Middle school for 1 child, two semesters $21,667.04
₩31,932,878
$356.12
FCFA200,617

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pay (unknown) more for entertainment and sports

 
Seoul
Malabo
Domestic/local beer (1 pint) $3.54
₩5,214
??
Cappuccino in mid-range area $3.70
₩5,450
$5.34
FCFA3,009
Pack of cigarettes
Marlboro or similar
$3.18
₩4,693
$4.51
FCFA2,540

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pay 60.6% more for clothing

 
Seoul
Malabo
Regular jeans
Levi's brand
$49.77
₩73,344
$26.71
FCFA15,046
Regular dress
from H&M or similar store
$39.49
₩58,201
$133.54
FCFA75,231
Running shoes
Nike or Adidas
$74.94
₩110,450
??

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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: December 2025
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