Cost of living comparison

compared to

Reykjavik vs. Bamako Cost of Living Summary

Reykjavik is 4.7 times more expensive than Bamako.

Restaurants
pay 4.2 times more in Reykjavik
Groceries
pay 62.4% more in Reykjavik
Transportation
pay 2.2 times more in Reykjavik
Housing
pay 10.1 times more in Reykjavik
Entertainment and Sports
pay 5.6 times more in Reykjavik

The cost of housing, entertainment and sports, restaurants, transportation, and groceries in Reykjavik are more expensive than in Bamako. Notably, housing, entertainment and sports, and restaurants are significantly more expensive in Reykjavik.

Reykjavik vs. Bamako Cost Breakdown

If you lived in Reykjavik instead of Bamako, you would:

pay 4.2 times more for restaurants

 
Bamako
Reykjavik
Basic meal with drink at inexpensive restaurant $6.70
F CFA3,801
$27.48
ISK3,478
Fast food combo meal
McDonalds, or similar
$6.42
F CFA3,642
$22.76
ISK2,881
Bottle of Coca-Cola (11 fl. oz) $0.77
F CFA438
$3.34
ISK422

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pay 62.4% more for groceries

 
Bamako
Reykjavik
Bread
1 loaf
$3.84
F CFA2,176
$4.63
ISK587
Local cheese (8 oz) $8.91
F CFA5,051
$9.44
ISK1,195
Milk (1 gallon) $8.86
F CFA5,023
$7.63
ISK966

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pay 2.2 times more for transportation

 
Bamako
Reykjavik
Gasoline (1 gallon) $4.41
F CFA2,502
$9.66
ISK1,223
Monthly public transit pass ?? $88.58
ISK11,213
New Volkswagen Golf 1.4 (standard edition) ?? $50,771.00
ISK6,426,593

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pay 10.1 times more for housing

 
Bamako
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$57.51
F CFA32,608
$81.97
ISK10,376
1-Bedroom apartment in downtown area $175.00
F CFA99,220
$2,259.48
ISK286,005
1-Bedroom apartment outside city center $80.00
F CFA45,358
$2,034.90
ISK257,578

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pay (unknown) more for childcare

 
Bamako
Reykjavik
Private preschool for 1 child, monthly ?? $327.78
ISK41,490
Middle school for 1 child, two semesters ?? $30,711.08
ISK3,887,409

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pay 5.6 times more for entertainment and sports

 
Bamako
Reykjavik
Domestic/local beer (1 pint) $2.39
F CFA1,353
$13.12
ISK1,661
Cappuccino in mid-range area $1.89
F CFA1,071
$6.17
ISK781
Pack of cigarettes
Marlboro or similar
$0.93
F CFA529
$13.94
ISK1,764

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pay (unknown) more for clothing

 
Bamako
Reykjavik
Regular jeans
Levi's brand
?? $145.10
ISK18,366
Regular dress
from H&M or similar store
?? $63.97
ISK8,097
Running shoes
Nike or Adidas
?? $193.43
ISK24,484

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: November 2025
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