Cost of living comparison
Iceland is 2.8 times more expensive than Equatorial Guinea.
If you lived in Iceland instead of Equatorial Guinea, you would:
pay 44.4% more for restaurants
|
Equatorial Guinea
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$13.41
FCFA8,079
|
$17.84
kr2,476
|
|
|
Fast food combo meal
McDonalds, or similar
|
$20.95
FCFA12,624
|
$14.27
kr1,981
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.12
FCFA673
|
$2.32
kr322
|
|
| Bottle of water (11 fl. oz) |
$1.26
FCFA757
|
$2.12
kr295
|
|
pay 14.6% more for groceries
|
Equatorial Guinea
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.34
FCFA2,012
|
$3.42
kr475
|
|
| Local cheese (8 oz) | ?? |
$5.98
kr830
|
|
| Milk (1 gallon) |
$8.88
FCFA5,352
|
$5.33
kr739
|
|
|
Eggs
1 dozen
|
$2.01
FCFA1,212
|
$5.66
kr786
|
|
| Boneless chicken breast (1 lb) |
$2.28
FCFA1,374
|
$7.09
kr985
|
|
| Apples (1 lb) |
$2.66
FCFA1,603
|
$1.16
kr161
|
|
| Bananas (1 lb) |
$1.33
FCFA802
|
$0.98
kr136
|
|
| Oranges (1 lb) |
$1.90
FCFA1,145
|
$1.17
kr163
|
|
| Tomatoes (1 lb) |
$1.33
FCFA802
|
$1.84
kr255
|
|
| Potatoes (1 lb) |
$2.01
FCFA1,214
|
$0.96
kr133
|
|
| Onions (1 lb) |
$1.90
FCFA1,145
|
$0.51
kr71
|
|
pay 2.2 times more for transportation
|
Equatorial Guinea
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.11
FCFA1,873
|
$8.03
kr1,115
|
|
| Monthly public transit pass |
$58.66
FCFA35,346
|
$77.40
kr10,745
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$16,761.01
FCFA10,098,998
|
$29,836.83
kr4,142,247
|
|
| Taxi trip in downtown area (5 miles) |
$7.54
FCFA4,545
|
$23.97
kr3,327
|
|
pay 4.9 times more for housing
|
Equatorial Guinea
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$167.61
FCFA100,990
|
$62.40
kr8,663
|
|
| 1-Bedroom apartment in downtown area |
$209.51
FCFA126,237
|
$1,437.14
kr199,519
|
|
| 1-Bedroom apartment outside city center |
$117.33
FCFA70,693
|
$1,215.63
kr168,765
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$37.17
FCFA22,396
|
$68.63
kr9,528
|
|
pay 3.1 times more for childcare
|
Equatorial Guinea
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$67.04
FCFA40,396
|
$259.34
kr36,005
|
|
| Middle school for 1 child, two semesters |
$1,173.27
FCFA706,930
|
$2,750.10
kr381,796
|
|
pay 4.6 times more for entertainment and sports
|
Equatorial Guinea
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$0.84
FCFA505
|
$8.52
kr1,183
|
|
| Cappuccino in mid-range area |
$6.70
FCFA4,040
|
$4.15
kr577
|
|
|
Pack of cigarettes
Marlboro or similar
|
$1.68
FCFA1,010
|
$10.64
kr1,476
|
|
| Monthly membership at local gym |
$50.28
FCFA30,297
|
$56.90
kr7,900
|
|
| Movie ticket to theater/cinema | ?? |
$12.27
kr1,704
|
|
pay 2.1 times more for clothing
|
Equatorial Guinea
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$25.14
FCFA15,148
|
$118.08
kr16,392
|
|
|
Regular dress
from H&M or similar store
|
$81.01
FCFA48,812
|
$50.39
kr6,995
|
|
|
Running shoes
Nike or Adidas
|
$251.42
FCFA151,485
|
$151.12
kr20,980
|
|
| Men's business shoes (leather) |
$75.42
FCFA45,445
|
$175.20
kr24,323
|
|
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