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Cost of living in Equatorial Guinea

Average monthly spending, by standard of living and against other countries

#5 priciest in Africa

Monthly cost

FCFA 133,000

what a typical person spends

Spending by standard of living

poorest 20%
FCFA 54,400
richest 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.

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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

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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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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.

monthly spend · % vs Equatorial Guinea
1Equatorial Guinea
FCFA 133,000
2Sao Tome and Principe
FCFA 119,000-11%
3Gabon
FCFA 109,000-18%
4Cameroon
FCFA 53,300-60%
5Republic of Congo
FCFA 49,300-63%
6Nigeria
FCFA 43,100-68%
7Togo
FCFA 35,200-74%

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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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.

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Living in Equatorial Guinea

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