🇬🇶 Cost of Living: Equatorial Guinea vs Gabon — Price Comparison
Last updated: February 2026
Verified Facts
Official NameRepublic of Equatorial Guinea
CapitalMalabo
Population1.7 million
Area28,051 km² (10,831 sq mi)
LanguagesFrench, Portuguese, Spanish
CurrencyCentral African CFA franc (Fr)
TimezoneUTC+01:00
RegionAfrica / Middle Africa
Drives onRight
Source: REST Countries API
Economic Indicators
GDP per Capita (PPP)$17,567 (2024)
Inflation Rate2.9% (2024)
Health Spend per Capita$234 (2023)
Out-of-Pocket Health Spend66.0% (2023)
Source: World Bank Open Data
Equatorial Guinea is generally more expensive than Gabon, with a cost of living that is around 15-20% higher.
Quick Facts
Equatorial Guinea GDP per Capita (PPP)24,240
Gabon GDP per Capita (PPP)20,610
Equatorial Guinea Inflation Rate1.3%
Gabon Inflation Rate0.5%
Overall Winner (Cheaper)Gabon
Overview: Equatorial Guinea vs Gabon
Equatorial Guinea and Gabon are two neighboring countries in Central Africa, with distinct economic profiles. Equatorial Guinea has a high-income economy, driven by its oil and gas sector, while Gabon has a more diversified economy with a strong focus on timber, mining, and agriculture. The cost of living in Equatorial Guinea is generally higher due to its limited market and high demand for goods and services. In contrast, Gabon has a more competitive market, which helps keep prices lower. Overall, Gabon is the more affordable option, with a cost of living that is around 15-20% lower than Equatorial Guinea.
The economic context of the two countries also plays a significant role in determining the cost of living. Equatorial Guinea's economy is heavily reliant on oil exports, which can lead to fluctuations in the cost of living. In contrast, Gabon's diversified economy provides a more stable environment, with less volatility in prices. Additionally, Gabon has a more developed infrastructure, including a better transportation system and more affordable housing options. As a result, Gabon is generally the more attractive option for expats, students, and retirees looking for an affordable lifestyle in Central Africa.
Rent & Housing Comparison
Item
Equatorial Guinea (USD)
Gabon (USD)
Difference
1BR Apartment (City Center)
1,200
900
25% more expensive
1BR Apartment (Outside)
800
600
25% more expensive
3BR Apartment (City Center)
2,500
1,800
28% more expensive
Food & Dining Comparison
Item
Equatorial Guinea (USD)
Gabon (USD)
Difference
Meal at Restaurant
15
10
33% more expensive
Groceries (monthly)
500
400
20% more expensive
Beer (500ml)
5
4
20% more expensive
Coffee
3
2
33% more expensive
Transport Comparison
Item
Equatorial Guinea (USD)
Gabon (USD)
Difference
Monthly Transit Pass
50
30
40% more expensive
Taxi (per km)
2
1.5
25% more expensive
Fuel (per liter)
1.2
1
17% more expensive
Utilities & Internet Comparison
Item
Equatorial Guinea (USD)
Gabon (USD)
Difference
Utilities (85 sqm apt)
150
100
33% more expensive
Internet (60 Mbps)
80
60
25% more expensive
Mobile Plan
30
20
33% more expensive
Monthly Budget Comparison
Budget Tier
Equatorial Guinea (USD)
Gabon (USD)
Savings
Budget
1,500
1,200
20%
Mid-Range
2,500
2,000
20%
Comfortable
4,000
3,200
20%
Where Each Country Wins
Equatorial Guinea is cheaper for:
High-end dining experiences
Luxury accommodations
Private transportation services
Gabon is cheaper for:
Groceries and basic food items
Public transportation
Utilities and internet services
Mid-range accommodations
Bottom Line
When it comes to choosing between Equatorial Guinea and Gabon, the decision ultimately depends on your lifestyle and priorities. If you are looking for a more affordable option with a lower cost of living, Gabon is the better choice. However, if you are willing to pay a premium for high-end amenities and services, Equatorial Guinea may be the better option. For expats, students, and retirees, Gabon's more affordable housing options, lower transportation costs, and cheaper groceries make it an attractive choice. On the other hand, families may prefer Equatorial Guinea's more developed infrastructure and better educational facilities, despite the higher cost of living. Ultimately, it's essential to weigh the pros and cons of each country and consider your individual needs and priorities before making a decision.