Cost of living and prices in Malabo, prices of food, rent, shopping, etc. 🇬🇶
Updated Jul 2023

Malabo is a vibrant city in Equatorial Guinea, located in Middle Africa and home to over 187,000 people. It's known for its scenic location by the sea, great climate, and a plethora of cultural attractions to explore. Located at 3.75496 latitude and 8.78213 longitude, Malabo is situated at an elevation of 40 meters above sea level.

When it comes to the cost of living, Malabo offers affordable options for tourists and locals. While prices may vary depending on the area and lifestyle, the overall cost of living is lower compared to other African cities. Accommodations, transportation, and food are reasonably priced, making it an ideal destination for budget-conscious travelers. Overall, Malabo has a lot to offer for those who are looking for an exotic destination without having to break the bank.

If you're new to the area, it's essential to note that Malabo operates on the Africa/Malabo time zone, GMT: 1.0. Whether you're coming for a short visit or to stay long-term, Malabo's unique blend of culture, history, and affordability are sure to capture your heart, making your experience a memorable one.

Cost of Living Estimate in Malabo

Total cost of living in Malabo for two person with average consumption for one month will be 1012.44 USD, no rent price included. Click here to calculate cost-of-living estimate in Malabo

You can calculate cost of living in Malabo by changing quantity using input near each good or service. Resulting total will appear in a floating box in the bottom of your screen.

Restaurants prices

If you're looking for a truly unique dining experience in Malabo, Equatorial Guinea, be sure to check out the many seafood-focused restaurants throughout the city. With an abundance of fresh seafood available, many of the local eateries feature dishes that highlight the bounty of the region. From seafood stews to grilled whole fish, you're sure to find a dish that satisfies your craving for the ocean's offerings. Don't miss out on the chance to delve into Equatorial Guinea's thriving culinary scene when you're in Malabo!

If you're in the mood for something beyond seafood, Malabo also offers top-notch options for meat lovers. With a growing international presence in the city, you can find restaurants that serve cuisine ranging from Indian to Italian. Whether you're in search of a perfectly cooked steak or authentic chicken tikka masala, the options are plentiful. Be sure to do your research and sample a variety of dishes during your stay to fully experience the culinary diversity of Malabo!

Meal in Inexpensive Restaurant
13.86 $
Meal for 2 People, Mid-range Restaurant, Three-course
46.21 $
McMeal at McDonalds or Alternative Combo Meal
21.26 $
Domestic Beer, 0.5 liter Draught
0.92 $
Imported Beer, 0.33 liter Bottle
6.01 $
Cappuccino
3.70 $
Coca-Cola, 0.33 liter Bottle
1.54 $

Markets prices

Market prices in Malabo, Equatorial Guinea are generally higher compared to other countries in the region due to various factors. One of the reasons is that the country heavily relies on imports for its goods, which leads to increased transportation costs and taxes. Additionally, the small size of the market and limited competition results in higher prices. The high cost of living in Malabo also contributes to the expensive market prices. Despite the high prices, markets in Malabo are still a popular destination for locals and tourists alike, offering a variety of fresh produce, traditional crafts, and souvenirs.

While some may find the market prices in Malabo to be steep, it is important to note that haggling is a common practice and often encouraged in the country. Bargaining can lead to significant discounts, and it is not uncommon for sellers to initially offer an inflated price with the expectation that buyers will negotiate. It is also worth noting that some items such as fresh fruits and vegetables may be more affordable compared to imported goods such as electronics and luxury items. Overall, shopping in Malabo's markets offers a unique and cultural experience that is worth exploring despite the higher prices.

Water, 0.33 liter Bottle
1.39 $
Milk, Regular,1 liter
2.16 $
Loaf of Fresh White Bread, 0.5 kg
3.51 $
White Rice, 1 kg
1.85 $
Eggs, 12 pack
2.22 $
Local Cheese, 1 kg
12.01 $
Chicken Breasts, Boneless and Skinless, 1 kg
4.00 $
Beef Round or Equivalent Back Leg Red Meat, 1 kg
5.55 $
Apples, 1 kg
4.62 $
Banana, 1 kg
2.77 $
Oranges, 1 kg
3.70 $
Tomato, 1 kg
3.23 $
Potato, 1 kg
3.57 $
Onion, 1 kg
2.77 $
Water, 1.5 liter Bottle
0.83 $
Bottle of Wine, Mid-Range Price
3.70 $
Domestic Beer, 0.5 liter Bottle
0.92 $
Imported Beer, 0.33 liter Bottle
0.83 $
Pack of Cigarettes
1.85 $

Transportation prices

Malabo, the capital city of Equatorial Guinea, offers transportation options for travelers to explore the city. One option is by taxi, which is readily available throughout the city. Taxis are a convenient mode of transportation, as they can be easily hailed on the street or through a mobile app. Additionally, traveling by taxi provides an opportunity to interact with locals and learn more about the city's culture.

Another transportation option in Malabo is public transportation. Buses, minibuses, and shared taxis are widely available and offer an affordable way to travel around the city. While public transportation may not be as comfortable as other options, it provides an opportunity to experience the city like a local and explore areas that are not necessarily visited by tourists. However, travelers should be prepared for crowded conditions and the possibility of delays.

One-way Ticket, Local Transport
1.29 $
Monthly Pass, Regular Price
50.97 $
Taxi Start, Normal Tariff
1.37 $
Taxi, price for 1 km, Normal Tariff
0.91 $
Taxi, price for 1 hour Waiting, Normal Tariff
5.55 $
Gasoline, 1 liter
0.86 $
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
25,369.27 $

Utilities Per Month prices

Utilities cost in Malabo, Equatorial Guinea can be quite high due to the country's reliance on imported resources. Electricity, for example, is generated through thermal power plants which require the use of expensive fuel. This, coupled with a limited power grid, means that electricity rates can be relatively high. Additionally, water supply in Malabo can be intermittent, with water rationing occurring during dry seasons. As a result, hotels and other accommodations that cater to tourists may charge premium rates for utilities usage.

However, there are ways to save on utilities costs during your stay in Malabo. Many accommodations offer the option of using natural ventilation instead of air conditioning, which can greatly reduce electricity usage. Additionally, taking short showers and being mindful of water usage can help to conserve water and decrease your expenses. As with any travel destination, it's always a good idea to research utilities costs beforehand and budget accordingly to ensure a comfortable and enjoyable trip.

Basic utilities for 85m2 Apartment including Electricity, Heating or Cooling, Water and Garbage
64.69 $
Prepaid Mobile Tariff Local, price per 1 min, No Discounts or Plans
0.28 $
Internet, 60 Mbps or More, Unlimited Data, Cable/ADSL
146.95 $

Sports And Leisure prices

Malabo, Equatorial Guinea offers a range of sporting and leisure activities for visitors to enjoy, from water sports to golf. One popular activity is fishing, with opportunities to catch various species such as blue marlin or yellowfin tuna. Visitors can also take part in other water sports such as windsurfing or go on diving excursions to explore the diverse marine life in the surrounding waters. For those who prefer to stay on land, there are golf courses available with scenic views of the island, as well as horseback riding tours for a unique perspective of the island's landscapes.

Additionally, Malabo offers various entertainment options for leisure activities. Visitors can explore the city's vibrant nightlife scene by checking out local bars and clubs, or indulge in the local cuisine by trying out seafood dishes or visiting restaurants with a fusion of African and Spanish influence. For a more relaxed experience, visitors can take a stroll through the city's beautiful parks and gardens, or visit one of the museums or cultural centers to learn more about the island's history and culture. With a range of sporting and leisure activities available, visitors to Malabo are sure to find something that suits their interests.

Fitness Club, Monthly Fee for 1 Adult
57.77 $
Tennis Court Rent, 1 Hour on Weekend
32.24 $

Salaries And Financing prices

For those traveling to Malabo, Equatorial Guinea, it's important to note that the cost of living and salaries in the country can be quite high compared to other African nations. Many of the jobs available in Malabo are in the oil and gas industry, and salaries for these positions can be quite substantial. However, it's important to keep in mind that the cost of living in Malabo is also quite high, with prices for food, housing, and transportation being significantly higher in comparison to other African nations.

Financing in Malabo can also be quite complex, as many of the banks and financial institutions in the country are heavily regulated. It's important for travelers to ensure that they have access to the funds they need while in Malabo, and to plan accordingly. Many ATMs and banks in the country may have restrictions on how much money can be withdrawn or transferred, so it's important to check with your bank ahead of time to ensure that you're prepared. Additionally, carrying cash while in Malabo may be the best option, as many businesses and shops may not accept credit cards or other forms of payment.

Cinema ticket, 1 Seat
8.35 $
Average Monthly Net Salary, After Tax
462.10 $

Childcare prices

When it comes to childcare in Malabo, Equatorial Guinea, the prices vary based on the type of facility and the services provided. For parents seeking a traditional school experience for their child, there are a number of options available, ranging from private to public institutions. Some schools offer additional services such as meals, transportation, and extracurricular activities, which can impact the overall cost. Costs can also vary based on the age of the child and the length of the school day.

For parents of younger children, there are also a number of well-established Kindergarten programs available in Malabo. Kindergartens typically provide care and early childhood education for children between the ages of 2 and 5 years old. These programs can range from half-day sessions to full-day care options. Like schools, Kindergartens can vary in cost based on the level of services provided and the duration of care required. Parents are encouraged to research their options and compare costs to find the best fit for their family.

Private Preschool or Kindergarten, Monthly for 1 Child
83.18 $
International Primary School, Yearly for 1 Child
2,005.97 $

Clothing And Shoes prices

Malabo, the capital city of Equatorial Guinea, offers a wide range of options for clothing and shoe shopping. With several local markets and shopping centers, visitors can easily find trendy and fashionable products. The markets are an excellent place to purchase traditional African clothing and accessories, whereas shopping centers have a variety of international brands. One can choose to buy clothes and shoes at reasonable prices while enjoying the local culture and other attractions when shopping in Malabo.

Most of the popular shopping destinations in Malabo are located in the city center, making it easy for visitors to navigate. The quality and price range of shoes and clothing in Malabo vary widely, so one can shop according to their budget. The best shopping experience can be found in the markets of Mercado Central and Palacio de Los Congresos, which not only offers a range of clothing and shoe items but also other souvenirs. With friendly merchants, vibrant culture and excellent shopping options, Malabo is definitely a must-visit destination for every shopaholic.

Pair of Jeans in a Chain Store Like George, H&M, Zara, etc.
27.73 $
Summer Dress in a Chain Store Like George, H&M, Zara, etc.
36.97 $
Pair of Leather Business Shoes
73.94 $

Buy Apartment prices

Equatorial Guinea's capital city, Malabo, has a range of real estate options available for buyers. These include apartments, houses, and villas. There are also different types of properties available for those with different budgets. For instance, some properties may be more affordable for first-time buyers, whereas others may be more luxurious. Depending on the location of the property, buyers can enjoy beautiful views of beaches and landscapes that add value to their investment.

The prices of real estate in Malabo vary considerably based on factors such as the type of property, location, and features. Some properties are relatively expensive, whereas others may be less so. Property prices have remained relatively stable in the past few years, and there has been an increase in the number of properties available for sale or rent. One of the positive things about real estate ownership in Malabo is that the property market continues to be a good investment opportunity for those looking for long-term growth. Overall, the prices of real estate in Malabo represent a good value for money if you know what to look for, and they offer the possibility of generating a good return on one's investment.

Price per m2 to Buy Apartment in City Center
759.51 $
Price per m2 to Buy Apartment Outside of City Center
710.39 $