All figures are shown in EUR for comparability. The local currency of Equatorial Guinea is the Central African CFA franc (XAF).

Monthly Living Costs in Equatorial Guinea

Average prices from our cost dataset, re-checked on a rolling basis:

1BR Rent

per month, city average

€650

3BR Rent

per month, city average

€1,200

Groceries

per month, single person

€280

Transport

per month, public transit pass

€55

Utilities

per month, basic apartment

€185

Meal Out

typical price per meal

€18

Monthly budget (single person): €1,170 (1-bedroom rent + groceries + transport + utilities)

Monthly budget (couple): €1,505 (shared 1-bedroom rent, two of everything else)

These are national averages — actual costs vary by city and lifestyle.

How Expensive Is Equatorial Guinea Overall?

Cost indices for Equatorial Guinea
IndicatorValue
Cost-of-living index (market data; higher = more expensive)48.9
Price level index (World Bank, 2024; US = 100)38.4

Salaries by Sector

Typical gross annual salaries in Equatorial Guinea from our sector dataset:

Salaries by sector
SectorTypical gross annual (EUR)
IT & Software€18,000
Engineering€16,500
Finance€14,000
Construction€12,000
Healthcare€11,000
Education€9,500
Hospitality€8,000
Retail€7,500

Taxes in Equatorial Guinea

Headline tax figures that shape your take-home pay:

Taxes in Equatorial Guinea
TaxRate / amount
Effective income tax at €90k gross16.5%
Net monthly pay at €90k gross€5,567
VAT / sales tax15%
Top personal income-tax rate25%

Worked example: on a €90,000 gross salary, net pay is about €5,567 per month. After rent and essentials (€1,170), roughly €4,397 per month is left for savings and discretionary spending.

How Equatorial Guinea Compares to Its Neighbours

Regional cost comparison
Country1BR RentGroceriesTransportCost index
Equatorial Guinea€650€280€5548.9
Cameroon€180€85€2537.1
Gabon€450€120€3549.8
DR Congo€180€65€814.2

Quality of Life Metrics

Beyond cost, these factors shape everyday life in Equatorial Guinea:

Safety index

60/100

Healthcare index

14.6/100

Internet speed

5 Mbps

English proficiency

51/100

Life expectancy

63.9 yrs

Expat satisfaction

5.2/10

What It Costs to Get In: Visas & Residence

We track 3 residence and visa routes for Equatorial Guinea — see the full Equatorial Guinea visa programme list.

Our engine estimates a minimum financial viability of €1,170 per month to sustain a move to Equatorial Guinea.

Frequently Asked Questions

Is Equatorial Guinea expensive?

Equatorial Guinea has a cost-of-living index of 48.9 (higher = more expensive). A 1-bedroom apartment averages €650 per month and a single person spends about €1,170 per month on rent plus essentials.

How much money do I need per month in Equatorial Guinea?

About €1,170 per month covers rent and essentials for a single person (1-bedroom rent + groceries + transport + utilities). A couple sharing a 1-bedroom apartment needs about €1,505 per month.

What is the average rent in Equatorial Guinea?

A 1-bedroom apartment averages €650 per month and a 3-bedroom apartment averages €1,200 per month in Equatorial Guinea. Prices vary significantly between city centres and smaller towns.

What do people earn in Equatorial Guinea?

Typical gross annual salaries in Equatorial Guinea range from €7,500 (Retail) to €18,000 (IT & Software), based on our sector dataset.

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