Cost of living in Equatorial Guinea
Average monthly spending, by standard of living and against other countries
Monthly cost
FCFA 133,000
what a typical person spends
Spending by standard of living
FCFA 54,400richest 20%
FCFA 388,000
Equatorial Guinea runs on oil money, and that wealth pulls prices upward, especially in the capital where the industry and its well-paid workers cluster. Much of daily life is imported, so the bill reflects shipping and a market built around foreign salaries. The gulf between those tied to the oil economy and everyone else is wide — your cost of living tracks which side you sit on.
Living-cost calculator
What it costs to live in Equatorial Guinea
Tell us what you earn and spend today — we'll estimate what the same lifestyle would cost in Equatorial Guinea and how much you could have left each month
- What your lifestyle costs
- How much could be left each month
- How it compares with today
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
Under a minute, no sign-up
How living costs in Equatorial Guinea compare
Equatorial Guinea is one of the pricier countries in Africa, the mark of an oil economy, but on a world scale it settles into the middle. Petroleum wealth lifts local prices above the regional norm without pushing them to rich-world heights. Anyone deciding should read it as expensive for where it is, ordinary for the world at large.
Data source: household consumption 2024 (World Bank), International Comparison Program 2021 (World Bank), adjusted to 2026 using IMF GDP-per-capita growth
Ask Migo
Tap a question — our AI assistant answers it in chat
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 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.
Where to live?
Match a country to your priorities
Living in Equatorial Guinea
See the full country overview