Cost of living
Nigeria compared to Equatorial Guinea
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Overview comparison
NigeriaEquatorial Guinea
Consumer prices in Equatorial Guinea are roughly 21% higher than in Nigeria.
Cost of living
| Item | Nigeria | Equatorial Guinea |
|---|
| Total with rent one person | 1,000 | 1,017 |
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| Total with rent family | 2,330 | 2,793 |
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| Without rent one person | 458 | 730 |
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| Without rent one family | 982 | 2,181 |
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| Rent & Utilities person | 514.4 | 288.18 |
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| Rent & Utilities family | 1,297.42 | 604.8 |
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| Food person | 236 | 492 |
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| Food family | 521 | 1,526 |
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| Transport person | 127.16 | 42.03 |
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| Transport family | 330.67 | 147.22 |
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| Life expectancy | 60.15 years | 66.73 years |
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Eating Out
| Item | Nigeria | Equatorial Guinea |
|---|
| Lunch Menu | 2.44 | 15.8 |
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| Dinner in a Restaurant, for 2 | 25.34 | 40.64 |
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| Fast food meal, equiv. McDonald's | 5.2 | 14.41 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 0.93 | 2.6 |
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| Cappuccino | 2.31 | 4.69 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 0.39 | 1.54 |
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Rent & Utilities
| Item | Nigeria | Equatorial Guinea |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 575.64 | 394.18 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 392.27 | 177.49 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 1,386.53 | 604.12 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 751.73 | 429.31 |
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| Utility Bill one person, electricity, heating, water, etc. | 16.89 | 123.08 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 31.57 | 189.09 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 33.62 | 13.93 |
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Transportation
| Item | Nigeria | Equatorial Guinea |
|---|
| Local transport ticket | 16.24 | 6.07 |
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| Monthly ticket local transport | 1,037 | 686 |
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| Taxi Ride, 8 km or 5 mi | 666 | 676 |
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| Gas / Petrol, 1 L or 0.26 gal | 0.57 | 1.46 |
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| Mortgage Interest Rate for 20 Years | 26.05% | 31.71% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 10.96 | 6.04 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 0.7 | 1.12 |
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Groceries
| Item | Nigeria | Equatorial Guinea |
|---|
| Milk, 1 L or 1 qt | 1.88 | 2.77 |
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| Bread, 0.5 kg or 1.1 lb | 1.25 | 3.65 |
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| Eggs, x12 | 2.1 | 2.41 |
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| Cheese, 1 kg or 2.2 lb | 4.09 | 10.11 |
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| Chicken Breast, 1 kg or 2.2 lb | 3.85 | 6.17 |
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| Round Steak, 1 kg or 2.2 lb | 4.88 | 8.54 |
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| Banana, 1 kg or 2.2 lb | 2.26 | 2.56 |
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| Water, 1 L or 1 qt | 0.43 | 1.3 |
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Other
| Item | Nigeria | Equatorial Guinea |
|---|
| Gym Membership, 1 month | 31.98 | 70.16 |
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| Cinema Ticket, 1 person | 5.02 | 5.41 |
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| Doctors visit | 7.28 | 26.07 |
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| Haircut, simple | 1.69 | 8.12 |
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| Brand Jeans | 21.19 | 59.68 |
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| Brand Sneakers | 71.83 | 117.28 |
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| Daycare or Preschool, 1 month | 89.09 | 69.66 |
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| International Primary School, 1 year | 1,529 | 5,255 |
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