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
₩12,225
|
?? | |
|
Fast food combo meal
McDonalds, or similar
|
$6.30
₩9,067
|
$8.90
FCFA4,942
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.64
₩2,360
|
$0.89
FCFA494
|
|
| Bottle of water (11 fl. oz) |
$0.78
₩1,124
|
$0.89
FCFA494
|
|
Seoul vs. Malabo - Cost of restaurants
pay 0.3% less for groceries
|
Seoul
|
Malabo
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.24
₩4,662
|
?? | |
| Local cheese (8 oz) |
$6.79
₩9,780
|
$3.36
FCFA1,865
|
|
| Milk (1 gallon) |
$7.85
₩11,299
|
$10.78
FCFA5,986
|
|
|
Eggs
1 dozen
|
$2.93
₩4,221
|
$4.27
FCFA2,372
|
|
| Boneless chicken breast (1 lb) |
$4.67
₩6,721
|
$3.09
FCFA1,717
|
|
| Apples (1 lb) |
$3.45
₩4,961
|
?? | |
| Bananas (1 lb) |
$1.52
₩2,195
|
?? | |
| Oranges (1 lb) |
$2.35
₩3,386
|
?? | |
| Tomatoes (1 lb) |
$2.77
₩3,992
|
?? | |
| Potatoes (1 lb) |
$1.62
₩2,331
|
?? | |
| Onions (1 lb) |
$1.30
₩1,868
|
?? | |
Seoul vs. Malabo - Cost of groceries
pay 11.7% less for transportation
|
Seoul
|
Malabo
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.43
₩6,379
|
?? | |
| Monthly public transit pass |
$45.99
₩66,218
|
$26.33
FCFA14,614
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$25,072.36
₩36M
|
$32,972.23
FCFA18M
|
|
| Taxi trip in downtown area (5 miles) |
$10.50
₩15,118
|
$8.01
FCFA4,447
|
|
Seoul vs. Malabo - Cost of transportation
pay 54.1% less for housing
|
Seoul
|
Malabo
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$20.56
₩29,597
|
$17.81
FCFA9,883
|
|
| 1-Bedroom apartment in downtown area |
$925.55
₩1M
|
$267.09
FCFA148K
|
|
| 1-Bedroom apartment outside city center |
$559.33
₩805K
|
$124.64
FCFA69,182
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$118.88
₩171K
|
?? | |
Seoul vs. Malabo - Cost of housing
pay 98.4% less for childcare
|
Seoul
|
Malabo
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$360.15
₩519K
|
?? | |
| Middle school for 1 child, two semesters |
$21,667.04
₩31M
|
$356.12
FCFA198K
|
|
Seoul vs. Malabo - Cost of childcare
pay (unknown) more for entertainment and sports
|
Seoul
|
Malabo
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.54
₩5,094
|
?? | |
| Cappuccino in mid-range area |
$3.70
₩5,324
|
$5.34
FCFA2,965
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.18
₩4,584
|
$4.51
FCFA2,503
|
|
| Monthly membership at local gym |
$56.34
₩81,112
|
$35.61
FCFA19,766
|
|
| Movie ticket to theater/cinema |
$10.61
₩15,281
|
$5.38
FCFA2,984
|
Seoul vs. Malabo - Cost of entertainment and sports
pay 60.6% more for clothing
|
Seoul
|
Malabo
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$49.77
₩71,652
|
$26.71
FCFA14,825
|
|
|
Regular dress
from H&M or similar store
|
$39.49
₩56,859
|
$133.54
FCFA74,124
|
|
|
Running shoes
Nike or Adidas
|
$74.94
₩108K
|
?? | |
| Men's business shoes (leather) |
$99.06
₩143K
|
$89.03
FCFA49,416
|
|
Seoul 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: March 2026
Change currency:
Compare countries by overall cost of living
See the
cost of living in South Korea vs. Equatorial Guinea.
This provides a comparison of the average cost of living from cities within South Korea 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 Seoul. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.