Cost of living comparison
Reykjavik is 4.4 times more expensive than Accra.
If you lived in Reykjavik instead of Accra, you would:
pay 5.1 times more for restaurants
Accra
|
Reykjavik
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$4.16
GHS58.17
|
$18.40
ISK2,568
|
|
Fast food combo meal
McDonalds, or similar
|
$6.47
GHS90.49
|
$15.62
ISK2,180
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.61
GHS8.52
|
$2.53
ISK354
|
|
Bottle of water (11 fl. oz) |
$0.22
GHS3.07
|
$2.03
ISK283
|
|
pay 2.2 times more for groceries
Accra
|
Reykjavik
|
||
---|---|---|---|
Bread
1 loaf
|
$1.13
GHS15.84
|
$3.40
ISK475
|
|
Local cheese (8 oz) |
$3.96
GHS55.44
|
$7.20
ISK1,004
|
|
Milk (1 gallon) |
$7.28
GHS101.93
|
$5.90
ISK823
|
|
Eggs
1 dozen
|
$1.71
GHS23.91
|
$5.64
ISK787
|
|
Boneless chicken breast (1 lb) |
$1.87
GHS26.15
|
$8.08
ISK1,128
|
|
Apples (1 lb) |
$0.99
GHS13.89
|
$1.57
ISK219
|
|
Bananas (1 lb) |
$0.43
GHS5.99
|
$0.93
ISK130
|
|
Oranges (1 lb) |
$0.58
GHS8.19
|
$1.23
ISK172
|
|
Tomatoes (1 lb) |
$0.85
GHS11.89
|
$2.22
ISK309
|
|
Potatoes (1 lb) |
$0.84
GHS11.74
|
$1.24
ISK174
|
|
Onions (1 lb) |
$0.70
GHS9.73
|
$0.69
ISK96
|
|
pay 3.7 times more for transportation
Accra
|
Reykjavik
|
||
---|---|---|---|
Gasoline (1 gallon) |
$3.69
GHS51.57
|
$8.90
ISK1,241
|
|
Monthly public transit pass |
$23.56
GHS329.65
|
$65.56
ISK9,148
|
|
New Volkswagen Golf 1.4 (standard edition) |
$6,189.79
GHS86,614.85
|
$37,150.35
ISK5,183,960
|
|
Taxi trip in downtown area (5 miles) |
$8.31
GHS116.35
|
$29.44
ISK4,109
|
|
pay 7.2 times more for housing
Accra
|
Reykjavik
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$41.59
GHS582.03
|
$64.04
ISK8,936
|
|
1-Bedroom apartment in downtown area |
$895.45
GHS12,530.21
|
$1,613.16
ISK225,100
|
|
1-Bedroom apartment outside city center |
$59.21
GHS828.54
|
$1,379.70
ISK192,523
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$29.83
GHS417.40
|
$69.31
ISK9,672
|
|
pay 2.9 times more for childcare
Accra
|
Reykjavik
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$60.39
GHS845.08
|
$282.44
ISK39,411
|
|
Middle school for 1 child, two semesters |
$5,690.48
GHS79,627.95
|
$6,058.18
ISK845,358
|
|
pay 4.9 times more for entertainment and sports
Accra
|
Reykjavik
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$0.92
GHS12.93
|
$9.47
ISK1,321
|
|
Cappuccino in mid-range area |
$2.14
GHS29.93
|
$4.53
ISK632
|
|
Pack of cigarettes
Marlboro or similar
|
$1.48
GHS20.68
|
$11.66
ISK1,626
|
|
Monthly membership at local gym |
$36.72
GHS513.87
|
$67.30
ISK9,392
|
|
Movie ticket to theater/cinema |
$6.01
GHS84.03
|
$13.66
ISK1,906
|
|
pay 5.2 times more for clothing
Accra
|
Reykjavik
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$13.41
GHS187.58
|
$108.17
ISK15,093
|
|
Regular dress
from H&M or similar store
|
$12.88
GHS180.18
|
$43.41
ISK6,058
|
|
Running shoes
Nike or Adidas
|
$34.37
GHS480.91
|
$137.74
ISK19,220
|
|
Men's business shoes (leather) |
$34.18
GHS478.32
|
$182.49
ISK25,465
|
|
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