Cost of living in Equatorial Guinea
What a month costs, how prices compare with other countries
Monthly cost in Equatorial Guinea
Spending runs from FCFA 54,400 a month in the poorest fifth to FCFA 388,000 in the richest
Per person, whole country
FCFA 133,000
what a typical person spends in a month
Spending across the population
FCFA 54,400richest 20%
FCFA 388,000
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Key facts
The cost of living in Equatorial Guinea in numbers
The most expensive of its neighbours
Every neighbouring country is cheaper. The same basket costs FCFA 611,000 here against FCFA 556,000 in Gabon, the closest on price.
The richest fifth spends 7.1× the poorest
Spending runs from FCFA 54,400 a month in the poorest fifth to FCFA 388,000 in the richest, which is #49 of 185 countries by that gap. A single national average hides a lot here.
How living costs in Equatorial Guinea compare
Neighbours, region and the world on the same monthly figure
What things cost here
How much the same goods and services cost in Equatorial Guinea against other countries
More expensive than 57% of countries
Where Equatorial Guinea sits when every country is lined up from cheapest to most expensive
Pakistanmost expensive
Bermuda
middle
A basket of goods and services that costs FCFA 567,000 at world-middle prices costs FCFA 611,000 here.
Data source: household consumption 2024 (World Bank), International Comparison Program 2021 (World Bank), adjusted to 2026 using IMF GDP-per-capita growth
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What it costs to live in Equatorial Guinea
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Cost of living in Equatorial Guinea
FCFA 54,400/mo
vs FCFA 454,000 in your country
Take-home
FCFA 102,000
vs FCFA 681,000 in your country
Potential savings
FCFA 47,100
more than in your country
Standard of living
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Frequently asked questions
What is the cost of living in Equatorial Guinea?
A typical person in Equatorial Guinea spends about FCFA 133,000 a month — around FCFA 1,600,000 a year — on housing, groceries, transport and other everyday costs. It's a nationwide average across different regions, cities and types of housing.
What is the standard of living in Equatorial Guinea?
By spending, Equatorial Guinea ranks #112 of 185 countries. A typical person spends about FCFA 133,000 a month, the poorest 20% about FCFA 54,400 and the richest 20% about FCFA 388,000. The gap between them shows how unevenly people live.
What is the cost of living in Equatorial Guinea in US dollars?
The cost of living in Equatorial Guinea is about $235 a month, or roughly $2,820 a year per person.
How much money do you need to live comfortably in Equatorial Guinea?
It all depends on your standard of living. A modest budget runs about FCFA 54,400 a month per person, a typical one around FCFA 133,000, and a comfortable life around FCFA 191,000. In big cities and for a family, costs are usually higher.
Is Equatorial Guinea an expensive country to live in?
Somewhat. Equatorial Guinea is more expensive than 40% of countries worldwide and ranks 5th of 53 in Africa by cost of living.
What currency is used in Equatorial Guinea?
Equatorial Guinea uses the Central African CFA Franc (XAF). Amounts on this page are shown in it; the currency switcher converts them.
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Living in Equatorial Guinea
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