Published: Monday, 21th October 2024
The cost of living in Cabo Verde is 1.69 times more expensive as compared to Equatorial Guinea.
On this page, you will find side-by-side cost comparison between Cabo Verde and Equatorial Guinea. We have created 172 cost-of-living indicators. We average the prices of all those indicators and take a mathematically calculated approach to determine which country is more expensive to live in between Cabo Verde and Equatorial Guinea.
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 Indicators  | Cabo Verde  | Equatorial Guinea  |
|---|---|---|
1 BHK Apartment in City Center  | 50,000 CVE (500 USD) | 600,000 XAF (960 USD) |
2 BHK Apartment in City Center  | 80,000 CVE (800 USD) | 1,200,000 XAF (1,920 USD) |
3 BHK Apartment in City Center  | 120,000 CVE (1,200 USD) | 1,800,000 XAF (2,880 USD) |
1 BHK Apartment outside City Center  | 30,000 CVE (300 USD) | 400,000 XAF (640 USD) |
2 BHK Apartment outside City Center  | 50,000 CVE (500 USD) | 800,000 XAF (1,280 USD) |
3 BHK Apartment outside City Center  | 80,000 CVE (800 USD) | 1,200,000 XAF (1,920 USD) |
Mortgage Rates Per Month  | 5 % | 8 % |
Realtor Commission  | 3 % | 5 % |
Property Taxes  | 0.25 to 0.5 % | Yet to Update |
The average housing cost in Cabo Verde is 2.33 times less expensive than Equatorial Guinea.
Indicators | Cabo Verde | Equatorial Guinea |
|---|---|---|
Basic Home Furnishing  | 30,000 CVE (300 USD) | 1,500,000 XAF (2,400 USD) |
Electricity Cost Per Month  | 7,000 CVE (70 USD) | 30,000 XAF (48 USD) |
Heating Cost Per Month  | 6,000 CVE (60 USD) | 15,000 XAF (24 USD) |
Cooling Cost Per Month  | 5,000 CVE (50 USD) | 15,000 XAF (24 USD) |
Water Supply Cost Per Month  | 5,000 CVE (50 USD) | 10,000 XAF (16 USD) |
If you lived in Cabo Verde, instead of Equatorial Guinea, you would have to pay 78.90% less for Utilities.
The basic home furnishing in Cabo Verde costs 8.00 times less compared to Equatorial Guinea.
Indicators | Cabo Verde | Equatorial Guinea |
|---|---|---|
Standard Wifi Cost Per Month  | 8,000 CVE (80 USD) | 40,000 XAF (64 USD) |
Mobile Phone Basic Plan Cost Per Month  | 3,500 CVE (35 USD) | 20,000 XAF (32 USD) |
Landline Basic Plan Cost Per Month  | 4,000 CVE (40 USD) | 15,000 XAF (24 USD) |
Cable TV Basic Plan Cost Per Month  | 6,000 CVE (60 USD) | 50,000 XAF (80 USD) |
The internet and communication costs 7.50% more in Cabo Verde compared to Equatorial Guinea.
Indicators | Cabo Verde | Equatorial Guinea |
|---|---|---|
Long Grain Rice (1 KG)  | 1,800 CVE (18 USD) | 2,500 XAF (4 USD) |
Milk (1 Liter)  | 1,000 CVE (10 USD) | 1,000 XAF (1.60 USD) |
Water (1 Liter)  | 300 CVE (3 USD) | 500 XAF (0.80 USD) |
Bread (500 gm)  | 400 CVE (4 USD) | 1,500 XAF (2.40 USD) |
Eggs (1 Dozen)  | 1,200 CVE (12 USD) | 3,000 XAF (4.80 USD) |
Cheese (1 KG)  | 2,500 CVE (25 USD) | 7,000 XAF (11.20 USD) |
Chicken Breast (1 KG)  | 2,000 CVE (20 USD) | 5,000 XAF (8 USD) |
In Cabo Verde, the cost of 1 Liter Water and 1 Liter Milk is 5.42 times more expensive than the cost in Equatorial Guinea.
If you lived in Cabo Verde, instead of Equatorial Guinea, you would have to pay 180.49% more for Groceries.
Indicators | Cabo Verde | Equatorial Guinea |
|---|---|---|
Apples (1 KG)  | 1,200 CVE (12 USD) | 3,500 XAF (5.60 USD) |
Bananas (1 KG)  | 700 CVE (7 USD) | 1,500 XAF (2.40 USD) |
Oranges (1 KG)  | 900 CVE (9 USD) | 2,000 XAF (3.20 USD) |
Tomatoes (1 KG)  | 800 CVE (8 USD) | 1,500 XAF (2.40 USD) |
Potatoes (1 KG)  | 600 CVE (6 USD) | 1,200 XAF (1.92 USD) |
Lemons (1 KG)  | 1,200 CVE (12 USD) | 2,500 XAF (4 USD) |
Onions (1 KG)  | 700 CVE (7 USD) | 1,800 XAF (2.88 USD) |
Lentils (1 KG)  | 1,900 CVE (19 USD) | 2,500 XAF (4 USD) |
If you lived in Cabo Verde, instead of Equatorial Guinea, you would have to pay 3.03 times more for Fruits and Vegetables.
Indicators | Cabo Verde | Equatorial Guinea |
|---|---|---|
Meal at a Resonable Restaurant  | 2,500 CVE (25 USD) | 8,000 XAF (12.80 USD) |
Three-Course Meal for Two  | 7,000 CVE (70 USD) | 30,000 XAF (48 USD) |
Fast Food Combo Meal  | 1,500 CVE (15 USD) | 4,500 XAF (7.20 USD) |
Normal Coffee  | 300 CVE (3 USD) | 1,500 XAF (2.40 USD) |
Soft Drink  | 200 CVE (2 USD) | 1,000 XAF (1.60 USD) |
Pizza for One  | 2,500 CVE (25 USD) | 15,000 XAF (24 USD) |
Take-Out Delivery Meal  | 2,000 CVE (20 USD) | 10,000 XAF (16 USD) |
Cigarette Pack of 20  | 800 CVE (8 USD) | 3,500 XAF (5.60 USD) |
Dining-Out costs 42.86% more in Cabo Verde compared to Equatorial Guinea.
Indicators | Cabo Verde | Equatorial Guinea |
|---|---|---|
Wine Mid-Range Bottle  | 3,000 CVE (30 USD) | 15,000 XAF (24 USD) |
Glass of Wine  | 1,000 CVE (10 USD) | 3,500 XAF (5.60 USD) |
Domestic Beer Half Liter  | 500 CVE (5 USD) | 1,500 XAF (2.40 USD) |
Imported Beer Half Liter  | 700 CVE (7 USD) | 2,500 XAF (4 USD) |
Domestic Alcohol 1 Liter  | 2,000 CVE (20 USD) | 7,000 XAF (11.20 USD) |
Branded Alcohol 1 Liter  | 3,500 CVE (35 USD) | 12,000 XAF (19.20 USD) |
If you lived in Cabo Verde, instead of Equatorial Guinea, you would have to pay 1.61 times more for usual hard drinks.
Indicators | Cabo Verde | Equatorial Guinea |
|---|---|---|
Monthly Public Transportation Pass  | 5,000 CVE (50 USD) | 20,000 XAF (32 USD) |
Single Public Transportation Ticket  | 150 CVE (1.50 USD) | 1,000 XAF (1.60 USD) |
Single Train Ticket  | Yet to Update () | Yet to Update () |
Domestic Airplane Ticket  | 15,000 CVE (150 USD) | 5,000 XAF (8 USD) |
Taxi Start Fare  | 300 CVE (3 USD) | 2,000 XAF (3.20 USD) |
Taxi Rate Per Kilometer  | 200 CVE (2 USD) | 500 XAF (0.80 USD) |
Car Rental Per Day  | 10,000 CVE (100 USD) | 40,000 XAF (64 USD) |
Parking Fees in City Center Per Hour  | 200 CVE (2 USD) | 2,000 XAF (3.20 USD) |
Parking Fees outside City Center Per Hour  | 100 CVE (1 USD) | 1,000 XAF (1.60 USD) |
If you lived in Cabo Verde, instead of Equatorial Guinea, you would have to pay 2.71 times more for transportation.
Indicators | Cabo Verde | Equatorial Guinea |
|---|---|---|
Reasonable Vehicle Purchase Cost  | 3,000,000 CVE (30,000 USD) | 5,000,000 XAF (8,000 USD) |
Vehicle Registration Cost  | 30,000 CVE (300 USD) | 100,000 XAF (160 USD) |
Driving License Fees  | 10,000 CVE (100 USD) | 50,000 XAF (80 USD) |
Car Insurance Cost  | 50,000 CVE (500 USD) | 200,000 XAF (320 USD) |
Car Maintenance Cost  | 20,000 CVE (200 USD) | 50,000 XAF (80 USD) |
Car Loan Interest Rates  | 6 % | 12 % |
Fuel Per Liter  | 150 CVE (1.50 USD) | 800 XAF (1.28 USD) |
Fuel Per Gallon  | 600 CVE (6 USD) | 3,000 XAF (4.80 USD) |
Average Toll Fees  | Yet to Update | 1,000 XAF 1.60 USD |
You would have to pay 3.60 times more for Vehicle purchase, daily operation and maintenance in Cabo Verde compared to that of Equatorial Guinea.
Indicators | Cabo Verde | Equatorial Guinea |
|---|---|---|
Doctor Visit  | 2,500 CVE (25 USD) | 15,000 XAF (24 USD) |
Specialist Visit  | 5,000 CVE (50 USD) | 30,000 XAF (48 USD) |
Dentist Visit  | 4,000 CVE (40 USD) | 20,000 XAF (32 USD) |
Eye Exam  | 2,000 CVE (20 USD) | 25,000 XAF (40 USD) |
Mental Health Counseling  | 5,000 CVE (50 USD) | 30,000 XAF (48 USD) |
Preventive Health Screening  | 3,000 CVE (30 USD) | 20,000 XAF (32 USD) |
Physical Therapy  | 3,000 CVE (30 USD) | 20,000 XAF (32 USD) |
Emergency Room Visit  | 5,000 CVE (50 USD) | 50,000 XAF (80 USD) |
Hospital Stay Per Night  | 10,000 CVE (100 USD) | 100,000 XAF (160 USD) |
Vaccinations  | 2,000 CVE (20 USD) | 10,000 XAF (16 USD) |
Prescription Medication  | 1,000 CVE (10 USD) | 10,000 XAF (16 USD) |
Over the Counter Medication  | 600 CVE (6 USD) | 5,000 XAF (8 USD) |
Health Insurance Premiums  | 20,000 CVE (200 USD) | 200,000 XAF (320 USD) |
Health Insurance Deductibles  | 10,000 CVE (100 USD) | 50,000 XAF (80 USD) |
If you lived in Cabo Verde, instead of Equatorial Guinea, you would have to pay 1.28 times less for Health and Medical Treatment.
Indicators | Cabo Verde | Equatorial Guinea |
|---|---|---|
Cosmetic Procedures  | 15,000 CVE (150 USD) | 50,000 XAF (80 USD) |
Spa Treatment  | 8,000 CVE (80 USD) | 30,000 XAF (48 USD) |
Manicure Pedicure Cost  | 2,500 CVE (25 USD) | 7,000 XAF (11.20 USD) |
Optical Glasses Cost  | 5,000 CVE (50 USD) | 15,000 XAF (24 USD) |
Contact Lenses Cost  | 3,000 CVE (30 USD) | 10,000 XAF (16 USD) |
Haircuts  | 1,000 CVE (10 USD) | 5,000 XAF (8 USD) |
Hair Coloring  | 2,500 CVE (25 USD) | 10,000 XAF (16 USD) |
Shampoo Price  | 400 CVE (4 USD) | 2,000 XAF (3.20 USD) |
Toothpaste Price  | 200 CVE (2 USD) | 1,000 XAF (1.60 USD) |
If you lived in Cabo Verde, instead of Equatorial Guinea, you would have to pay 1.81 times more for Personal Care Items and Treatment.
Indicators | Cabo Verde | Equatorial Guinea |
|---|---|---|
Pair of Nike Running Shoes  | 20,000 CVE (200 USD) | 70,000 XAF (112 USD) |
Men's Shirt  | 4,000 CVE (40 USD) | 20,000 XAF (32 USD) |
Women's Dress  | 7,000 CVE (70 USD) | 40,000 XAF (64 USD) |
Summer Dress  | 5,000 CVE (50 USD) | 30,000 XAF (48 USD) |
Men's Suit  | 40,000 CVE (400 USD) | 150,000 XAF (240 USD) |
Men's Jeans  | 6,000 CVE (60 USD) | 25,000 XAF (40 USD) |
Women's Jeans  | 5,000 CVE (50 USD) | 25,000 XAF (40 USD) |
Men's Formal Shoes  | 12,000 CVE (120 USD) | 50,000 XAF (80 USD) |
Women's Formal Shoes  | 10,000 CVE (100 USD) | 50,000 XAF (80 USD) |
Men's Casual Shoes  | 8,000 CVE (80 USD) | 30,000 XAF (48 USD) |
Women's Casual Shoes  | 6,000 CVE (60 USD) | 30,000 XAF (48 USD) |
Underwear For Men  | 1,000 CVE (10 USD) | 5,000 XAF (8 USD) |
Underwear For Women  | 1,000 CVE (10 USD) | 5,000 XAF (8 USD) |
Socks For Men  | 400 CVE (4 USD) | 2,000 XAF (3.20 USD) |
Socks For Women  | 400 CVE (4 USD) | 2,000 XAF (3.20 USD) |
Wintercoat for Adults  | 15,000 CVE (150 USD) | 60,000 XAF (96 USD) |
Sportswear  | 8,000 CVE (80 USD) | 30,000 XAF (48 USD) |
If you lived in Cabo Verde, instead of Equatorial Guinea, you would have to pay 1.49 times more for Clothing and Footwear for Adults.
Indicators | Cabo Verde | Equatorial Guinea |
|---|---|---|
Children's Jeans  | 3,000 CVE (30 USD) | 20,000 XAF (32 USD) |
Children's Normal Sneakers  | 4,000 CVE (40 USD) | 25,000 XAF (40 USD) |
Children's Winter Coat  | 5,000 CVE (50 USD) | 35,000 XAF (56 USD) |
Daycare for Infant  | 40,000 CVE (400 USD) | 100,000 XAF (160 USD) |
Daycare for Toddler  | 35,000 CVE (350 USD) | 80,000 XAF (128 USD) |
Childcare for Sick Days  | 12,000 CVE (120 USD) | 15,000 XAF (24 USD) |
Early Childhood Education Programs  | 60,000 CVE (600 USD) | 80,000 XAF (128 USD) |
Extra Curricular Activities  | 20,000 CVE (200 USD) | 25,000 XAF (40 USD) |
Summer Camp for Kids  | 50,000 CVE (500 USD) | 50,000 XAF (80 USD) |
If you lived in Cabo Verde, instead of Equatorial Guinea, you would have to pay 3.33 times more for Childcare and kids clothing.
Indicators | Cabo Verde | Equatorial Guinea |
|---|---|---|
PreSchool Fees  | 30,000 CVE (300 USD) | 60,000 XAF (96 USD) |
Primary School Fees  | 50,000 CVE (500 USD) | 150,000 XAF (240 USD) |
Secondary School Fees  | 70,000 CVE (700 USD) | 200,000 XAF (320 USD) |
Private School Fees  | 150,000 CVE (1,500 USD) | 300,000 XAF (480 USD) |
University Tuition Fees  | 250,000 CVE (2,500 USD) | 500,000 XAF (800 USD) |
University Private Tuition Fees  | 400,000 CVE (4,000 USD) | 1,000,000 XAF (1,600 USD) |
After School Activities  | 20,000 CVE (200 USD) | 20,000 XAF (32 USD) |
Special Education Services  | 30,000 CVE (300 USD) | 40,000 XAF (64 USD) |
Tutoring  | 25,000 CVE (250 USD) | 30,000 XAF (48 USD) |
Textbooks Cost  | 15,000 CVE (150 USD) | 20,000 XAF (32 USD) |
School Supplies  | 8,000 CVE (80 USD) | 10,000 XAF (16 USD) |
If you lived in Cabo Verde, instead of Equatorial Guinea, you would have to pay 2.81 times more for school and education.
Indicators | Cabo Verde | Equatorial Guinea |
|---|---|---|
Movie Ticket (Single)  | 1,000 CVE (10 USD) | 5,000 XAF (8 USD) |
Theater Ticket (Single)  | 2,500 CVE (25 USD) | 10,000 XAF (16 USD) |
Concert Ticket (Single)  | 4,000 CVE (40 USD) | 15,000 XAF (24 USD) |
Sports Event Ticket (Single)  | 3,000 CVE (30 USD) | 20,000 XAF (32 USD) |
Gym Membership  | 5,000 CVE (50 USD) | 25,000 XAF (40 USD) |
Swimming Pool Access  | 4,000 CVE (40 USD) | 15,000 XAF (24 USD) |
Museum Entry Ticket  | 800 CVE (8 USD) | 5,000 XAF (8 USD) |
Zoo Entry Ticket  | 1,000 CVE (10 USD) | 5,000 XAF (8 USD) |
Amusement Park Entry Ticket  | 2,500 CVE (25 USD) | 10,000 XAF (16 USD) |
Bowling  | 1,500 CVE (15 USD) | 10,000 XAF (16 USD) |
Mini Golf  | 1,200 CVE (12 USD) | 7,000 XAF (11.20 USD) |
Video Games  | 7,000 CVE (70 USD) | 40,000 XAF (64 USD) |
Streaming Services  | 4,000 CVE (40 USD) | 10,000 XAF (16 USD) |
Outdoor Equipment Rental  | 1,500 CVE (15 USD) | 20,000 XAF (32 USD) |
Theme Park Annual Pass  | 20,000 CVE (200 USD) | 50,000 XAF (80 USD) |
If you lived in Cabo Verde, instead of Equatorial Guinea, you would have to pay 1.49 times more for entertainment, recreation and fun activities.
Indicators | Cabo Verde | Equatorial Guinea |
|---|---|---|
Language Classes  | 25,000 CVE (250 USD) | 30,000 XAF (48 USD) |
Parenting Classes  | 15,000 CVE (150 USD) | 20,000 XAF (32 USD) |
Art Classes  | 2,500 CVE (25 USD) | 25,000 XAF (40 USD) |
Fitness Classes  | 1,500 CVE (15 USD) | 10,000 XAF (16 USD) |
Music Lessons  | 3,000 CVE (30 USD) | 15,000 XAF (24 USD) |
Dance Lessons  | 3,000 CVE (30 USD) | 20,000 XAF (32 USD) |
Reading Materials for Classes  | 1,000 CVE (10 USD) | 5,000 XAF (8 USD) |
Educational Software  | 18,000 CVE (180 USD) | 10,000 XAF (16 USD) |
If you lived in Cabo Verde, instead of Equatorial Guinea, you would have to pay 3.19 times more for Private Classes.
Indicators | Cabo Verde | Equatorial Guinea |
|---|---|---|
Average Gross Monthly Salary  | 80,000 CVE (800 USD) | 1,200,000 XAF (1,920 USD) |
Average Net Monthly Salary  | 70,000 CVE (700 USD) | 900,000 XAF (1,440 USD) |
Minimum Wages  | 1,333.33 CVE per hour (13.33 USD) | 6,666.67 XAF per hour (10.67 USD) |
Average Bonus  | 20,000 CVE (200 USD) | 200,000 XAF (320 USD) |
Income Tax Rate  | 0 to 15 % | 0 to 15 % |
Social Security Contributions  | 10 % | 10 % |
Pension Contributions  | 8 % | 8 % |
Cost of Living Index  | 60 | 40 |
Median Household Income  | 150,000 CVE (1,500 USD) | 800,000 XAF (1,280 USD) |
If you lived in Cabo Verde, you would earn 1.55 times less salary as compared to Equatorial Guinea.
Indicators | Cabo Verde | Equatorial Guinea |
|---|---|---|
Legal Consultation Per Hour Rate  | 7,000 CVE (70 USD) | 30,000 XAF (48 USD) |
Accounting Services Per Hour Rate  | 5,000 CVE (50 USD) | 25,000 XAF (40 USD) |
IT Support Services Per Hour Rate  | 6,000 CVE (60 USD) | 20,000 XAF (32 USD) |
Technician Services Per Hour Rate  | 6,500 CVE (65 USD) | 25,000 XAF (40 USD) |
Professional Services cost 1.53 times more in Cabo Verde, as compared to Equatorial Guinea.
We hope you enjoyed the detailed guide on the cost of living comparsion between Cabo Verde and Equatorial Guinea.
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