Cost of living comparison
Iceland is 3.1 times more expensive than Guinea-Bissau.
If you lived in Iceland instead of Guinea-Bissau, you would:
pay 3.7 times more for restaurants
Guinea-Bissau
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$3.35
F CFA2,040
|
$17.84
ISK2,489
|
|
Fast food combo meal
McDonalds, or similar
|
$2.27
F CFA1,379
|
$14.27
ISK1,991
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.23
F CFA749
|
$2.32
ISK323
|
|
Bottle of water (11 fl. oz) |
$1.45
F CFA885
|
$2.12
ISK296
|
|
pay 2.1 times more for groceries
Guinea-Bissau
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$0.59
F CFA358
|
$3.42
ISK478
|
|
Local cheese (8 oz) | ?? |
$5.98
ISK835
|
|
Milk (1 gallon) |
$6.34
F CFA3,861
|
$5.33
ISK743
|
|
Eggs
1 dozen
|
$3.18
F CFA1,938
|
$5.66
ISK790
|
|
Boneless chicken breast (1 lb) |
$2.91
F CFA1,774
|
$7.09
ISK990
|
|
Apples (1 lb) |
$1.05
F CFA636
|
$1.16
ISK162
|
|
Bananas (1 lb) |
$0.80
F CFA486
|
$0.98
ISK137
|
|
Oranges (1 lb) |
$0.48
F CFA289
|
$1.17
ISK163
|
|
Tomatoes (1 lb) |
$1.14
F CFA694
|
$1.84
ISK256
|
|
Potatoes (1 lb) |
$0.36
F CFA220
|
$0.96
ISK134
|
|
Onions (1 lb) |
$0.38
F CFA231
|
$0.51
ISK71
|
|
pay 2.5 times more for transportation
Guinea-Bissau
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.64
F CFA2,821
|
$8.03
ISK1,121
|
|
Monthly public transit pass | ?? |
$77.40
ISK10,800
|
|
New Volkswagen Golf 1.4 (standard edition) | ?? |
$29,836.83
ISK4,163,431
|
|
Taxi trip in downtown area (5 miles) |
$7.12
F CFA4,335
|
$23.97
ISK3,344
|
|
pay 3.3 times more for housing
Guinea-Bissau
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
?? |
$62.40
ISK8,708
|
|
1-Bedroom apartment in downtown area |
$445.17
F CFA270,912
|
$1,437.14
ISK200,539
|
|
1-Bedroom apartment outside city center |
$231.30
F CFA140,758
|
$1,215.63
ISK169,628
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$45.32
F CFA27,579
|
$68.63
ISK9,577
|
|
pay (unknown) more for childcare
Guinea-Bissau
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly | ?? |
$259.34
ISK36,189
|
|
Middle school for 1 child, two semesters | ?? |
$2,750.10
ISK383,749
|
pay 5.2 times more for entertainment and sports
Guinea-Bissau
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$0.92
F CFA562
|
$8.52
ISK1,189
|
|
Cappuccino in mid-range area |
$2.10
F CFA1,275
|
$4.15
ISK579
|
|
Pack of cigarettes
Marlboro or similar
|
$1.68
F CFA1,020
|
$10.64
ISK1,484
|
|
Monthly membership at local gym |
$58.66
F CFA35,701
|
$56.90
ISK7,940
|
|
Movie ticket to theater/cinema |
$1.68
F CFA1,020
|
$12.27
ISK1,713
|
|
pay 38.8% more for clothing
Guinea-Bissau
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$92.19
F CFA56,101
|
$118.08
ISK16,476
|
|
Regular dress
from H&M or similar store
|
$58.66
F CFA35,701
|
$50.39
ISK7,031
|
|
Running shoes
Nike or Adidas
|
$83.81
F CFA51,001
|
$151.12
ISK21,087
|
|
Men's business shoes (leather) |
$108.95
F CFA66,301
|
$175.20
ISK24,447
|
|
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