Cost of Living in Malabo, Equatorial Guinea
Equatorial Guinea · Africa
Cost of Living in Malabo: Quick Answer
The average cost of living in Malabo, Equatorial Guinea is approximately $1,100 per month for one person. This page covers rent, groceries, transportation, utilities, salaries and quality of life. The cost of living index is 45, using New York City as the 100-point benchmark.
$1,100
Monthly Cost
avg/person
45
Cost Index
NYC = 100
38
Rent Index
NYC = 100
36
Quality of Life
Below Average
38
Safety Index
Below Average
0.3M
Population
XAF
| Item | Price (USD) |
|---|---|
| Meal (inexpensive) | $6 |
| Meal for 2 (mid-range) | $24 |
| McMeal at McDonald's | $0 |
| Domestic Beer (0.5L) | $2.5 |
| Imported Beer (0.33L) | $4 |
| Cappuccino | $3 |
| Coke/Pepsi (0.33L) | $1 |
| Water (0.33L) | $0.6 |
| Item | Price (USD) |
|---|---|
| Milk (1L) | $2 |
| Bread (500g) | $0.8 |
| Rice (1kg) | $1.2 |
| Eggs (12) | $2.5 |
| Chicken (1kg) | $5 |
| Beef (1kg) | $9 |
| Apples (1kg) | $4 |
| Banana (1kg) | $0.5 |
| Tomato (1kg) | $1.5 |
| Potato (1kg) | $1.2 |
| Onion (1kg) | $1 |
| Water (1.5L) | $0.6 |
| Item | Price (USD) |
|---|---|
| 1-way Ticket (local) | $0.4 |
| Monthly Pass | $16 |
| Taxi 1km | $0.6 |
| Gasoline (1L) | $0.7 |
| Volkswagen Golf | $32000 |
| Toyota Corolla | $25000 |
| Item | Price (USD) |
|---|---|
| Basic (85m² apt) | $90 |
| Mobile Plan | $15 |
| Internet (60 Mbps) | $50 |
| Fitness Club/month | $40 |
| Item | Price (USD) |
|---|---|
| 1BR Center | $650/mo |
| 1BR Outside | $380/mo |
| 3BR Center | $1,500/mo |
| 3BR Outside | $870/mo |
| Price/m² Center | $2,400/m² |
| Price/m² Outside | $1,300/m² |
| Item | Price (USD) |
|---|---|
| Average Net Salary | $500 |
| Mortgage Interest Rate | 12% |
Cost of Living in Malabo: Complete Guide
The cost of living in Malabo, Equatorial Guinea, depends mainly on housing, transportation, food, utilities and lifestyle. The estimated monthly cost for one person is $1,100. The city's cost of living index is 45, compared with a New York City benchmark of 100.
Monthly Expenses in Malabo
A typical monthly budget in Malabo includes rent, groceries, transportation, utilities and other everyday expenses. Housing is usually one of the largest parts of the monthly budget.
Rent and Housing Costs in Malabo
A one-bedroom apartment outside the city center costs approximately $380 per month, while a one-bedroom apartment in the city center costs around $650. A three-bedroom apartment in the center averages $1,500 per month.
Average Salary in Malabo
The average net salary in Malabo is approximately $500 per month. Purchasing power is rated 30out of 100.
Is Malabo Expensive to Live In?
With a cost of living index of 45,Malabo is less expensive than the New York City benchmark. Housing, groceries and transportation are important factors when comparing the total monthly cost.
Quality of Life in Malabo
Safety
Malabo has a safety score of 38/100. Safety is one of the factors to consider when comparing living costs and choosing a city.
Healthcare
Healthcare in Malabo is rated 32/100. Healthcare access and medical costs can affect the total monthly budget for residents and families.
Climate
The climate index for Malabo is 62/100. Climate and seasonal conditions can influence housing, transport and lifestyle expenses.
Purchasing Power
Malabo has a purchasing power score of 30/100. Comparing salary levels with living expenses provides a better picture of affordability than looking at rent alone.
Living in Malabo
Cost of Living for Students
Students should budget for accommodation, food, transportation, utilities and study expenses. Shared housing and public transportation may reduce monthly expenses.
Cost of Living for Expats
Expats considering Malabo should compare rent, healthcare, transportation, taxes, groceries and salary levels before relocating.
Cost of Living for Remote Workers
Remote workers can compare housing, transportation, internet, food and purchasing power to estimate whether Malabo fits their monthly budget.
Is Malabo Affordable?
Affordability depends on income and housing choices. The cost index of 45provides a useful benchmark when comparing Malabo with other cities.
Key Cost of Living Facts for Malabo
- Average Monthly Cost
- $1,100
- Cost Index
- 45
- Rent Index
- 38
- Average Net Salary
- $500
- Quality of Life
- 36/100
- Safety
- 38/100
- Healthcare
- 32/100
- Currency
- XAF
Frequently Asked Questions About Malabo
What is the cost of living in Malabo?
The estimated cost of living in Malabo, Equatorial Guinea, is approximately $1,100 per month for one person. This estimate includes major living expenses such as housing, food, transportation and utilities.
How much is rent in Malabo?
A one-bedroom apartment outside the center costs approximately $380 per month, while a one-bedroom apartment in the center costs about $650.
Is Malabo expensive to live in?
Malabo has a cost index of 45 compared with New York City's benchmark of 100. The overall affordability depends on housing, salary and lifestyle.
What is the average salary in Malabo?
The average net salary in Malabo is approximately $500 per month.
Is Malabo good for expats?
Expats should evaluate housing, salaries, transportation, healthcare, safety and quality of life before deciding whether Malabo is suitable for relocation.