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2020 International cost of living and hardship / quality of living data for 780 global locations.


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Gabon, All Areas
Overview

Gabon, All Areas

Cost of living in Gabon, prices and what it is like to live for an Expat, quality of life / hardship, and compare cost of living for Expatriates as at July 2020.

What is it like to live in Gabon?




Climate: The climate is tropical. It is always hot and humid.

Language: The official language is French. A basic understanding of French will be appreciated as very few people speak English.

Religion: Christianity.

Economy: The economy of Gabon enjoys a per capita income four times that of most nations of sub-Saharan Africa. This has supported a sharp decline in extreme poverty; yet because of high income inequality a large proportion of the population remains poor.

Inflation: 1% for Gabon as at May 2020.

Money: The currency of Gabon is the CFA Franc BEAC (XAF). Credit cards are not widely accepted, except at hotels. Be careful withdrawing cash from ATMs.

Tax: In Gabon is based on the current personal income tax rates which are progressive up to 35%.

Population: 2.2 Million (2020 est.)

Expat Life: In Gabon, French culture largely defines the way business is conducted. Business culture is usually formal, hierarchical and can be relatively chauvinistic. Expatriates are expected to use formal, courteous language during meetings. Expatriate dress code is usually formal, although light, tropical suits are advised because of the climate. Expatriate women should dress conservatively to avoid unwanted attention. The safety risk for expatriates in Gabon is low. Risks include petty crime as well as some armed crime.

Health Care: Health care facilities are limited, particularly in rural areas. Serious or complex health care treatment may require evacuation which can be expensive. There is a high prevalence of HIV. The Coronavirus COVID-19 total reported cases for Gabon as at 5 August 2020 is 7,646, with 51 deaths. The rate of deaths per 1 million population is 23.

Gabon covers all areas within the country other than Libreville.


Cost Of Living

What is the cost of living in Gabon?



The cost of living for expatriates in Gabon as at July 2020 is average in comparison to other places in the world, with an overall Cost of Living Index (COLI), for all 13 basket groups, of 67.99 (New York =100). We have collected prices for the same items, world wide, based on Expat spending norms, in or closest to the location, and converted them to $USD so that we can compare the cost of 13 different baskets in 780 global locations. For each basket, compared to New York, the equivalent cost in Gabon is as follows:

1) Alcohol and/or Tobacco: Cost is very low for items such as beer, spirits, wine and tobacco related products such as cigarettes. A basket costing USD$1,000 in New York costs USD$510. Average price in a store for a midrange bottle of wine is USD$6.94, domestic/local beer (500ml) USD$1.33, imported/international beer (330ml) USD$2.78 and a pack of 20 cigarettes is USD$2.22.

2) Clothing: Cost is low for items such as business, casual and children's clothing and footwear. A basket costing USD$1,000 in New York costs USD$670. Average price for an international brand of mens jeans is USD$57, a quality international brand of running shoes USD$58, mens leather shoes suitable for office wear USD$71 while a medium size international summer dress from a global chain store is USD$39.

3) Communication: Cost is high for various communication costs such as home telephone rental, internet subscription, mobile service provider tariff and data costs. A basket costing USD$200 in New York costs USD$270. Average price for a monthly standard plan internet subscription is USD$63, while the benchmark mobile tariff is USD$0.16 per minute.

4) Education: Cost is average for items such as creche / pre-school fees, primary school fees, high school fees and tertiary study fees. A basket costing USD$30,000 in New York costs USD$26100. Average annual private international school fee (excluding extras) USD$16,972 for Primary School, and USD$18,886 for High School.

5) Furniture & Appliances: Cost is high for items such as dining table and chairs, home entertainment, kitchen appliances, and sofas. A basket costing USD$2,500 in New York costs USD$2425. Average price for a 6kg front loader Washing Machine is USD$750, and USD$644 for a 46+'' LED UHD TV.

6) Groceries: Cost is high for items such as consumables, cleaning products, dairy, fresh fruit & vegetables, general food products, snacks, soft drinks. A basket costing USD$1,000 in New York costs USD$840. Average grocery prices in a major international retail store for 1 kg apples is USD$3.38, 1 kg oranges USD$4.57, 1 head lettuce USD$1.20, 1 kg potatos USD$2.22, 1 kg boneless, skinless, chicken breast USD$11.80, 1 kg cheddar cheese USD$16.70, 1 dozen large eggs USD$2.98, 500g loaf white bread USD$1.45, 1 L full cream milk USD$2.45, and 1.5 L water USD$1.12.

7) Healthcare: Cost is average for general heath care, doctor visits, hospital stays, non-prescription medicine, and medical insurance. A basket costing USD$1,000 in New York costs USD$690. Average healthcare cost for a private practice Doctor visit for an uninsured patient is USD$56, and a private hospital stay per day including nursing care, medications, diagnostic tests, food, and related costs is USD$1,711.

8) Household Accommodation: Cost is average for items such as apartment rent, house rent, property purchase, mortgage rate, and utilities. A basket costing USD$5,000 in New York costs USD$2400. Average expatriate house / apartment rent for a secure upmarket unfurnished apartment (3 bedrooms) is USD$3,926 in a central location, and USD$2,306 in a suburban location, per month, excluding utilities.

9) Miscellaneous: Cost is very low for items such as dry cleaning, linen, magazines, newspapers, office supplies, and postage stamps. A basket costing USD$500 in New York costs USD$245. Average price for dry cleaning (1 mens 2 pc suit) is USD$4.79, while an international newspaper is USD$1.47.

10) Personal Care: Cost is average for items such as cosmetics, hair care, and toiletries. A basket costing USD$500 in New York costs USD$340. Average cost for a mens haircut and blow dry is USD$27, while a womens hair colour, cut and blow dry - medium length is USD$136.

11) Recreation & Culture: Cost is average for items such as books, cinema, sport and theatre tickets. A basket costing USD$500 in New York costs USD$350. Average price for a latest release international cinema ticket (average of on and off peak where applicable) for one adult is USD$9.99, and an international fitness, recreation or sports club membership cost for one adult is USD$72 per month.

12) Restaurants Meals Out and Hotels: Cost is average for items such as hotel daily room rates, meals and beverages in a restaurant, and take away food and beverages. A basket costing USD$1,000 in New York costs USD$490. Average cappuccino price (regular, medium) is USD$2.14, coke/pepsi (330ml) USD$1.12, burger meal (international franchise or similar) USD$8.60, and a mid-range international restaurant meal for 2 USD$39.97.

13) Transport: Cost is average for items such as fuel (petrol/gasoline), car hire, public transport, vehicle purchase and maintenance. A basket costing USD$1,000 in New York costs USD$730. Average average price over the last year for highest available octane petrol / gasoline (1L) is USD$1.15, while the benchmark car sedan purchase price including taxes/duties for a compact / small / economy vehicle (1.4 L) is USD$28,182.


How does the cost of living in Gabon compare?

Gabon is 9.3% more expensive than USA for groceries, -15.2% cheaper for household costs than UK, and 62.1% more expensive for transport costs than India.


What is the quality of life / hardship in Gabon?

Gabon is ranked as an extreme hardship location.The hardship premium for Gabon for an expat from Australia, is for example 30%, i.e. host location (Gabon) premium of 40% minus home (Australia) location premium of 10%.



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