Cost of living comparison
Iceland is 2.6 times more expensive than Bamako.
If you lived in Iceland instead of Bamako, you would:
pay 3.2 times more for restaurants
Bamako
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$4.91
F CFA2,960
|
$19.51
ISK2,699
|
|
Fast food combo meal
McDonalds, or similar
|
$6.59
F CFA3,974
|
$16.45
ISK2,275
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.78
F CFA468
|
$2.70
ISK374
|
|
Bottle of water (11 fl. oz) |
$0.64
F CFA388
|
$1.95
ISK270
|
|
pay 69.3% more for groceries
Bamako
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$1.05
F CFA634
|
$3.16
ISK436
|
|
Local cheese (8 oz) |
$9.62
F CFA5,801
|
$6.72
ISK929
|
|
Milk (1 gallon) |
$9.46
F CFA5,706
|
$6.27
ISK867
|
|
Eggs
1 dozen
|
$2.57
F CFA1,551
|
$6.03
ISK834
|
|
Boneless chicken breast (1 lb) |
$3.57
F CFA2,153
|
$7.60
ISK1,051
|
|
Apples (1 lb) | ?? |
$1.13
ISK156
|
|
Bananas (1 lb) |
$0.50
F CFA301
|
$1.01
ISK140
|
|
Oranges (1 lb) |
$1.00
F CFA603
|
$1.15
ISK160
|
|
Tomatoes (1 lb) |
$1.27
F CFA766
|
$1.71
ISK237
|
|
Potatoes (1 lb) |
$0.46
F CFA279
|
$1.13
ISK156
|
|
Onions (1 lb) |
$0.61
F CFA365
|
$0.68
ISK94
|
|
pay 53.6% more for transportation
Bamako
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$5.48
F CFA3,306
|
$8.42
ISK1,164
|
|
Monthly public transit pass | ?? |
$68.29
ISK9,444
|
|
New Volkswagen Golf 1.4 (standard edition) | ?? |
$39,714.69
ISK5,492,145
|
|
Taxi trip in downtown area (5 miles) | ?? |
$23.23
ISK3,212
|
|
pay 2.5 times more for housing
Bamako
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$34.18
F CFA20,607
|
$74.47
ISK10,299
|
|
1-Bedroom apartment in downtown area |
$500.00
F CFA301,461
|
$1,518.94
ISK210,054
|
|
1-Bedroom apartment outside city center |
$307.59
F CFA185,451
|
$1,325.48
ISK183,300
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$114.71
F CFA69,159
|
$66.99
ISK9,264
|
|
pay (unknown) more for childcare
Bamako
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly | ?? |
$254.97
ISK35,259
|
|
Middle school for 1 child, two semesters | ?? |
$5,993.83
ISK828,886
|
pay 4.2 times more for entertainment and sports
Bamako
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$2.64
F CFA1,589
|
$9.37
ISK1,296
|
|
Cappuccino in mid-range area |
$1.98
F CFA1,197
|
$4.61
ISK638
|
|
Pack of cigarettes
Marlboro or similar
|
$0.93
F CFA563
|
$11.22
ISK1,551
|
|
Monthly membership at local gym |
$69.94
F CFA42,170
|
$60.00
ISK8,298
|
|
Movie ticket to theater/cinema |
$6.00
F CFA3,618
|
$13.94
ISK1,928
|
|
pay (unknown) more for clothing
Bamako
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
?? |
$108.23
ISK14,967
|
|
Regular dress
from H&M or similar store
|
?? |
$59.73
ISK8,260
|
|
Running shoes
Nike or Adidas
|
?? |
$146.94
ISK20,320
|
|
Men's business shoes (leather) | ?? |
$169.24
ISK23,404
|
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