Cost of living in Equatorial Guinea

Equatorial Guinea, located in West Africa, offers numerous advantages for its residents. The country is blessed with abundant natural resources, a pleasant tropical climate, and a growing economy, making it an attractive place to live.

One of the main advantages of living in Equatorial Guinea is its natural beauty. With its stunning coastlines, lush rainforests, and diverse ecosystem, the country offers ample opportunities for outdoor activities such as hiking, swimming, and wildlife spotting. This makes it a paradise for nature lovers and adventure enthusiasts. Moreover, Equatorial Guinea’s location along the equator ensures a relatively stable and warm climate throughout the year, which is conducive to a comfortable and relaxed lifestyle.

Another advantage is the country’s growing economy, fueled by its vast oil and gas reserves. Equatorial Guinea has experienced significant economic growth over the past decade, leading to improved infrastructure, better educational and healthcare facilities, and increased job opportunities. This economic development has attracted foreign investments and multinational corporations, providing locals with access to a wider range of products and services.

Equatorial Guinea also offers a unique cultural experience. The country is home to various ethnic groups, each with its own traditions, music, and cuisine. Living in Equatorial Guinea allows individuals to immerse themselves in this rich cultural heritage and explore the nuances of the local customs, festivals, and traditions. Furthermore, the warm and welcoming nature of the people fosters a sense of community and belonging.

In conclusion, living in Equatorial Guinea presents numerous benefits, including its natural beauty, a growing economy, and a vibrant cultural scene. However, it’s important to note that this brief overview does not cover all aspects of living in the country. Potential residents should conduct further research and consider their personal circumstances before deciding to relocate.

Average salaries in Equatorial Guinea

Here are some examples of average monthly earnings for popular positions in Equatorial Guinea:

1. Teacher: The average monthly salary for a teacher in Equatorial Guinea is around 1,500,000 Central African CFA francs (approximately 2,300 euros or 2,600 US dollars).

2. Salesperson: A salesperson in Equatorial Guinea can earn an average monthly salary of about 800,000 Central African CFA francs (approximately 1,200 euros or 1,400 US dollars).

3. Driver: The average monthly earnings for a driver in Equatorial Guinea is around 1,200,000 Central African CFA francs (approximately 1,800 euros or 2,000 US dollars).

Please note that these figures are approximate and can vary depending on factors such as experience, qualifications, and the specific industry or company. It’s also important to consider the cost of living in Equatorial Guinea, which can be relatively high compared to other countries.

Food prices in Equatorial Guinea

Meals in restaurants

Here are some examples of meal prices in restaurants in Equatorial Guinea, using an HTML bullet list format:

  • Lunch at a local eatery: 2,000 XAF (3 EUR / 3.5 USD)
  • Dinner at a mid-range restaurant: 10,000 XAF (15 EUR / 17.5 USD)
  • Seafood dish at a high-end restaurant: 20,000 XAF (30 EUR / 35 USD)
  • Traditional African meal at a cultural restaurant: 5,000 XAF (7.5 EUR / 8.5 USD)
  • Fast food combo meal: 3,500 XAF (5 EUR / 6 USD)
  • Vegetarian dish at a trendy cafe: 8,000 XAF (12 EUR / 14 USD)

Please note that these prices are approximate and can vary depending on the location and type of restaurant. Equatorial Guinea uses the Central African CFA franc (XAF) as its local currency.

Grocery shopping

Here is a list of basic food items and their approximate prices in Equatorial Guinea:

1. Rice (1 kg) – 2,500 XAF (3.80 EUR / 4.50 USD)

2. Bread (1 loaf) – 1,500 XAF (2.30 EUR / 2.70 USD)

3. Milk (1 liter) – 2,000 XAF (3.00 EUR / 3.50 USD)

4. Eggs (1 dozen) – 2,500 XAF (3.80 EUR / 4.50 USD)

5. Chicken (1 kg) – 6,000 XAF (9.10 EUR / 10.70 USD)

6. Beef (1 kg) – 8,000 XAF (12.10 EUR / 14.30 USD)

7. Fish (1 kg) – 5,000 XAF (7.60 EUR / 9.00 USD)

8. Potatoes (1 kg) – 1,500 XAF (2.30 EUR / 2.70 USD)

9. Tomatoes (1 kg) – 2,000 XAF (3.00 EUR / 3.50 USD)

10. Onions (1 kg) – 1,500 XAF (2.30 EUR / 2.70 USD)

Please note that these prices are approximate and may vary depending on the location and the specific store. It’s also important to consider that Equatorial Guinea has a high cost of living compared to many other countries, which reflects in the prices of basic food items.

Cafes and bars

Here is a list of average prices for beverages served in bars and cafes in Equatorial Guinea, in the local currency (Central African CFA franc), along with approximate values in euros and US dollars:

1. Coffee: 1,500 CFA francs (2.30 euros / 2.70 US dollars)

2. Tea: 1,000 CFA francs (1.50 euros / 1.80 US dollars)

3. Soft drinks (Coca-Cola, Pepsi, etc.): 1,500 CFA francs (2.30 euros / 2.70 US dollars)

4. Bottled water: 1,000 CFA francs (1.50 euros / 1.80 US dollars)

5. Local beer: 2,000 CFA francs (3.10 euros / 3.60 US dollars)

6. Imported beer: 3,000 CFA francs (4.60 euros / 5.40 US dollars)

7. Wine (house wine): 5,000 CFA francs (7.70 euros / 9.00 US dollars)

8. Cocktails: 6,000-8,000 CFA francs (9.20-12.30 euros / 10.80-14.50 US dollars)

Please note that these prices are approximate and can vary depending on the establishment and location within Equatorial Guinea. It’s always a good idea to check the menu or ask the staff for the current prices.

In summary, the average prices for beverages in bars and cafes in Equatorial Guinea are as follows: coffee and tea are around 1,000-1,500 CFA francs, soft drinks and bottled water are around 1,000-1,500 CFA francs, local beer is around 2,000 CFA francs, imported beer is around 3,000 CFA francs, house wine is around 5,000 CFA francs, and cocktails range from 6,000 to 8,000 CFA francs.

Accomodation

Flat rental in Equatorial Guinea

The approximate rental costs for apartments in Equatorial Guinea, in the local currency (Central African CFA franc), are as follows:

1. Studio apartment: 300,000 CFA francs per month (approximately 460 euros or 540 US dollars)

2. One-bedroom apartment: 500,000 CFA francs per month (approximately 770 euros or 900 US dollars)

3. Two-bedroom apartment: 800,000 CFA francs per month (approximately 1,230 euros or 1,440 US dollars)

4. Three-bedroom apartment: 1,200,000 CFA francs per month (approximately 1,850 euros or 2,170 US dollars)

Please note that these prices are approximate and can vary depending on the location, size, and condition of the apartment. Additionally, rental costs in Equatorial Guinea are generally high due to the country’s oil wealth and limited housing supply.

It’s important to mention that Equatorial Guinea has a high cost of living compared to many other countries. Therefore, rental prices may seem relatively expensive compared to the average income in the country.

Buy a house or apartament in Equatorial Guinea

– Średnia cena zakupu domu w Equatorial Guinea wynosi około 300 000 000 XAF (450 000 EUR, 500 000 USD).

– Mieszkania w dużych miastach, takich jak Malabo i Bata, mogą kosztować od 100 000 000 XAF do 200 000 000 XAF (150 000 EUR – 300 000 EUR, 170 000 USD – 340 000 USD).

– W mniejszych miastach i na obszarach wiejskich ceny mieszkań mogą być niższe, zaczynając od około 50 000 000 XAF (75 000 EUR, 85 000 USD).

– Warto zauważyć, że ceny nieruchomości w Equatorial Guinea są stosunkowo wysokie ze względu na rozwiniętą gospodarkę naftową i ograniczoną podaż mieszkań.

– Dodatkowe koszty, takie jak podatki, opłaty notarialne i prowizje pośredników, mogą również wpływać na ostateczną cenę zakupu nieruchomości.

– Warto również zwrócić uwagę na koszty utrzymania nieruchomości, takie jak podatki od nieruchomości, opłaty za energię elektryczną i wodę oraz koszty konserwacji i remontów.

Transport in Equatorial Guinea

Public transport

In Equatorial Guinea, the prices of different forms of public transportation vary. Here is a list of the approximate prices in the local currency, with an estimated value in euros and US dollars:

1. Bus: The cost of a bus ticket in Equatorial Guinea is around 500 CFA francs (0.76 euros or 0.90 US dollars).

2. Taxi: Taking a taxi within the city can cost around 1,000 CFA francs (1.52 euros or 1.80 US dollars) for a short distance.

3. Shared taxi: Shared taxis, also known as “bush taxis,” are a common mode of transportation in Equatorial Guinea. The fare for a shared taxi ride can range from 500 to 1,000 CFA francs (0.76 to 1.52 euros or 0.90 to 1.80 US dollars), depending on the distance.

4. Motorcycle taxi: Motorcycle taxis, locally known as “okadas,” are popular for short trips. The price for a motorcycle taxi ride can be around 500 to 1,000 CFA francs (0.76 to 1.52 euros or 0.90 to 1.80 US dollars), depending on the distance.

5. Ferry: If you need to travel between the islands of Equatorial Guinea, such as Bioko and Annobon, the cost of a ferry ticket can range from 10,000 to 20,000 CFA francs (15.24 to 30.48 euros or 18.00 to 36.00 US dollars), depending on the route and class of service.

Please note that these prices are approximate and may vary depending on factors such as distance, time of day, and negotiation skills. It is always advisable to confirm the fares with the driver or relevant authorities before commencing your journey.

Fuel prices

Here are some examples of fuel prices in Equatorial Guinea, using an HTML bullet point list format:

  • Gasoline: 1,000 CFA francs per liter (1.5 euros or 1.8 US dollars)
  • Diesel: 900 CFA francs per liter (1.4 euros or 1.6 US dollars)
  • LPG (liquefied petroleum gas): 600 CFA francs per liter (0.9 euros or 1.1 US dollars)

Please note that these prices are approximate and may vary depending on the location and current market conditions. It’s always a good idea to check with local gas stations for the most up-to-date prices.

Equatorial Guinea uses the CFA franc as its official currency, which is pegged to the euro at a fixed exchange rate. The approximate values in euros and US dollars provided here are based on the current exchange rate, but they may fluctuate over time.

In summary, the fuel prices in Equatorial Guinea are as follows:

– Gasoline: 1,000 CFA francs per liter (1.5 euros or 1.8 US dollars)

– Diesel: 900 CFA francs per liter (1.4 euros or 1.6 US dollars)

– LPG: 600 CFA francs per liter (0.9 euros or 1.1 US dollars)

Please note that these prices are subject to change and may vary depending on the location and market conditions.

Vehicles rental

Here are some examples of rental prices for vehicles such as cars or scooters in Equatorial Guinea:

1. Car rental:

– Economy car: 50,000 XAF per day (approx. 76 EUR or 90 USD)

– Mid-size car: 80,000 XAF per day (approx. 122 EUR or 144 USD)

– SUV: 120,000 XAF per day (approx. 183 EUR or 216 USD)

2. Scooter rental:

– 50cc scooter: 20,000 XAF per day (approx. 30 EUR or 36 USD)

– 125cc scooter: 30,000 XAF per day (approx. 46 EUR or 54 USD)

Please note that these prices are approximate and may vary depending on the rental company, location, and duration of the rental. It is always recommended to check with local rental agencies for the most accurate and up-to-date prices.

Equatorial Guinea uses the Central African CFA franc (XAF) as its currency. The approximate values in euros (EUR) and US dollars (USD) provided above are based on current exchange rates and may fluctuate.

Entertainment prices in Equatorial Guinea

Here is a list of prices for various forms of entertainment in Equatorial Guinea:

1. Movie ticket: Approximately 2,000 CFA francs (3 euros / 3.5 US dollars)

2. Concert ticket: Prices vary depending on the artist and venue, but they typically range from 5,000 to 20,000 CFA francs (7.5 to 30 euros / 8.5 to 35 US dollars)

3. Nightclub entry fee: Around 5,000 to 10,000 CFA francs (7.5 to 15 euros / 8.5 to 17.5 US dollars)

4. Bowling: Approximately 2,000 CFA francs per game (3 euros / 3.5 US dollars)

5. Amusement park admission: Prices vary depending on the park, but they typically range from 5,000 to 10,000 CFA francs (7.5 to 15 euros / 8.5 to 17.5 US dollars)

6. Spa and wellness center: Prices vary depending on the services offered, but a massage session can cost around 10,000 to 20,000 CFA francs (15 to 30 euros / 17.5 to 35 US dollars)

7. Sports event ticket: Prices vary depending on the sport and level of competition, but they typically range from 2,000 to 10,000 CFA francs (3 to 15 euros / 3.5 to 17.5 US dollars)

8. Art exhibition entry fee: Around 2,000 to 5,000 CFA francs (3 to 7.5 euros / 3.5 to 8.5 US dollars)

9. Casino entry fee: Typically free, but there may be minimum bets required for certain games.

Please note that these prices are approximate and may vary depending on the specific location and time. It is always recommended to check with the venue or establishment for the most up-to-date pricing information.

Basic services in Equatorial Guinea

Here is a list of basic services and their approximate prices in Equatorial Guinea:

1. Cinema ticket: 2,000 CFA francs (€3 / $3.50)

2. Haircut (men): 3,000 CFA francs (€4.50 / $5)

3. Haircut (women): 5,000 CFA francs (€7.50 / $8.50)

4. Manicure: 5,000 CFA francs (€7.50 / $8.50)

5. Pedicure: 6,000 CFA francs (€9 / $10)

6. Full body massage: 15,000 CFA francs (€22.50 / $25)

7. Car mechanic labor cost per hour: 10,000 CFA francs (€15 / $17)

Please note that these prices are approximate and may vary depending on the location and specific service provider. It’s always a good idea to check with the establishment directly for the most accurate and up-to-date prices.

Equatorial Guinea uses the Central African CFA franc (XAF) as its official currency. The conversion rates to euros and US dollars provided here are based on approximate values and may fluctuate.

Healthcare

Here is a list of prices for private healthcare services in Equatorial Guinea:

1. Visit to a specialist doctor: The cost of a consultation with a specialist doctor in Equatorial Guinea can range from 50,000 CFA francs to 150,000 CFA francs (approximately 76 to 228 euros or 90 to 270 US dollars).

2. Dental visit: A dental consultation in Equatorial Guinea can cost between 30,000 CFA francs to 100,000 CFA francs (approximately 46 to 152 euros or 54 to 180 US dollars).

3. Eye examination: The cost of an eye examination by an ophthalmologist in Equatorial Guinea can range from 40,000 CFA francs to 120,000 CFA francs (approximately 61 to 182 euros or 72 to 216 US dollars).

It is important to note that these prices are approximate and can vary depending on the specific doctor or clinic. Additionally, the prices mentioned above do not include any additional tests, treatments, or medications that may be required during the visit.

In Equatorial Guinea, the local currency used is the CFA franc (XAF). The conversion rates to euros and US dollars are provided for reference purposes only and may vary depending on the current exchange rates.

Vacations and trips

Here is a list of prices related to vacations and trips in Equatorial Guinea:

1. Accommodation:

– Budget hotel: 50,000 XAF per night (75 EUR, 90 USD)

– Mid-range hotel: 150,000 XAF per night (225 EUR, 270 USD)

– Luxury hotel: 300,000 XAF per night (450 EUR, 540 USD)

2. Transportation:

– Taxi ride within the city: 2,000 XAF (3 EUR, 4 USD)

– Inter-city bus ticket: 5,000 XAF (7.5 EUR, 9 USD)

– Domestic flight: 100,000 XAF (150 EUR, 180 USD)

3. Food and drinks:

– Local restaurant meal: 5,000 XAF (7.5 EUR, 9 USD)

– Fast food meal: 3,000 XAF (4.5 EUR, 5.5 USD)

– Bottle of water: 500 XAF (0.75 EUR, 0.9 USD)

– Local beer: 1,500 XAF (2.25 EUR, 2.7 USD)

4. Activities and attractions:

– Entrance fee to a national park: 10,000 XAF (15 EUR, 18 USD)

– Guided tour: 20,000 XAF per person (30 EUR, 36 USD)

– Boat trip: 50,000 XAF per person (75 EUR, 90 USD)

Please note that these prices are approximate and can vary depending on the location, season, and availability. It’s always a good idea to check the current exchange rates and prices before planning your trip to Equatorial Guinea.

Clothes and accessories

The average prices of clothing and accessories in Equatorial Guinea, in the local currency (Central African CFA franc), are as follows:

1. T-shirts: 10,000 CFA francs (15 euros, 18 US dollars)

2. Jeans: 25,000 CFA francs (38 euros, 45 US dollars)

3. Dresses: 30,000 CFA francs (46 euros, 54 US dollars)

4. Shirts: 20,000 CFA francs (31 euros, 36 US dollars)

5. Shoes: 50,000 CFA francs (77 euros, 90 US dollars)

6. Handbags: 40,000 CFA francs (61 euros, 72 US dollars)

7. Sunglasses: 15,000 CFA francs (23 euros, 27 US dollars)

8. Hats: 10,000 CFA francs (15 euros, 18 US dollars)

9. Belts: 15,000 CFA francs (23 euros, 27 US dollars)

10. Jewelry: 50,000 CFA francs (77 euros, 90 US dollars)

Please note that these prices are approximate and can vary depending on the brand, quality, and location of the store. It’s always a good idea to compare prices and negotiate if possible.