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Cost of living in Equatorial Guinea

What a month costs, how prices compare with other countries

#112 by cost of living in the world#5 in Africa

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

poorest 20%
FCFA 54,400
richest 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

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%

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

cheapest
Pakistan
most expensive
Bermuda
world
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.

Where to live?

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Living in Equatorial Guinea

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