Cost of living comparison
Iceland is 2.7 times more expensive than Equatorial Guinea.
If you lived in Iceland instead of Equatorial Guinea, you would:
pay 37.7% more for restaurants
|
Equatorial Guinea
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$12.83
FCFA8,261
|
$15.00
kr2,051
|
|
|
Fast food combo meal
McDonalds, or similar
|
$20.05
FCFA12,908
|
$12.33
kr1,686
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.07
FCFA688
|
$2.20
kr301
|
|
| Bottle of water (11 fl. oz) |
$1.20
FCFA774
|
$2.00
kr274
|
|
pay 18.4% more for groceries
|
Equatorial Guinea
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.19
FCFA2,057
|
$3.14
kr430
|
|
| Local cheese (8 oz) | ?? |
$5.86
kr801
|
|
| Milk (1 gallon) |
$9.11
FCFA5,863
|
$5.16
kr706
|
|
|
Eggs
1 dozen
|
$1.92
FCFA1,239
|
$5.51
kr754
|
|
| Boneless chicken breast (1 lb) |
$2.18
FCFA1,405
|
$7.10
kr971
|
|
| Apples (1 lb) |
$2.55
FCFA1,639
|
$1.19
kr163
|
|
| Bananas (1 lb) |
$1.27
FCFA820
|
$1.08
kr148
|
|
| Oranges (1 lb) |
$1.82
FCFA1,171
|
$1.13
kr155
|
|
| Tomatoes (1 lb) |
$1.27
FCFA820
|
$1.70
kr233
|
|
| Potatoes (1 lb) |
$1.93
FCFA1,241
|
$1.01
kr139
|
|
| Onions (1 lb) |
$1.82
FCFA1,171
|
$0.66
kr91
|
|
pay 2.2 times more for transportation
|
Equatorial Guinea
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$2.93
FCFA1,889
|
$7.21
kr986
|
|
| Monthly public transit pass |
$44.22
FCFA28,475
|
$85.09
kr11,636
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$22,010.09
FCFA14,172,989
|
$27,857.83
kr3,809,558
|
|
| Taxi trip in downtown area (5 miles) |
$7.15
FCFA4,606
|
$21.37
kr2,922
|
|
pay 4.8 times more for housing
|
Equatorial Guinea
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$160.36
FCFA103,264
|
$66.89
kr9,148
|
|
| 1-Bedroom apartment in downtown area |
$200.46
FCFA129,080
|
$1,349.42
kr184,533
|
|
| 1-Bedroom apartment outside city center |
$112.26
FCFA72,285
|
$1,143.63
kr156,391
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$35.56
FCFA22,900
|
$70.86
kr9,690
|
|
pay 2.8 times more for childcare
|
Equatorial Guinea
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$68.16
FCFA43,887
|
$277.52
kr37,951
|
|
| Middle school for 1 child, two semesters |
$1,740.36
FCFA1,120,673
|
$2,822.44
kr385,968
|
|
pay 4.1 times more for entertainment and sports
|
Equatorial Guinea
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$0.80
FCFA516
|
$7.85
kr1,074
|
|
| Cappuccino in mid-range area |
$6.41
FCFA4,131
|
$4.10
kr561
|
|
|
Pack of cigarettes
Marlboro or similar
|
$1.60
FCFA1,033
|
$11.37
kr1,555
|
|
| Monthly membership at local gym |
$54.80
FCFA35,285
|
$63.31
kr8,658
|
|
| Movie ticket to theater/cinema |
$7.25
FCFA4,668
|
$11.69
kr1,599
|
|
pay 2.2 times more for clothing
|
Equatorial Guinea
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$24.05
FCFA15,490
|
$117.41
kr16,056
|
|
|
Regular dress
from H&M or similar store
|
$77.51
FCFA49,911
|
$55.13
kr7,539
|
|
|
Running shoes
Nike or Adidas
|
$240.55
FCFA154,896
|
$156.49
kr21,401
|
|
| Men's business shoes (leather) |
$72.16
FCFA46,469
|
$191.54
kr26,193
|
|
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