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
FCFA7,376
|
$15.00
kr1,574
|
|
|
Fast food combo meal
McDonalds, or similar
|
$20.05
FCFA11,525
|
$12.33
kr1,294
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.07
FCFA615
|
$2.20
kr231
|
|
| Bottle of water (11 fl. oz) |
$1.20
FCFA691
|
$2.00
kr210
|
|
pay 18.4% more for groceries
|
Equatorial Guinea
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.19
FCFA1,837
|
$3.14
kr330
|
|
| Local cheese (8 oz) | ?? |
$5.86
kr615
|
|
| Milk (1 gallon) |
$9.11
FCFA5,235
|
$5.16
kr542
|
|
|
Eggs
1 dozen
|
$1.92
FCFA1,106
|
$5.51
kr578
|
|
| Boneless chicken breast (1 lb) |
$2.18
FCFA1,255
|
$7.10
kr745
|
|
| Apples (1 lb) |
$2.55
FCFA1,464
|
$1.19
kr125
|
|
| Bananas (1 lb) |
$1.27
FCFA732
|
$1.08
kr114
|
|
| Oranges (1 lb) |
$1.82
FCFA1,046
|
$1.13
kr119
|
|
| Tomatoes (1 lb) |
$1.27
FCFA732
|
$1.70
kr179
|
|
| Potatoes (1 lb) |
$1.93
FCFA1,108
|
$1.01
kr106
|
|
| Onions (1 lb) |
$1.82
FCFA1,046
|
$0.66
kr69
|
|
pay 2.2 times more for transportation
|
Equatorial Guinea
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$2.93
FCFA1,687
|
$7.21
kr757
|
|
| Monthly public transit pass |
$44.22
FCFA25,423
|
$85.09
kr8,930
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$22,010.09
FCFA12,654,038
|
$27,857.83
kr2,923,679
|
|
| Taxi trip in downtown area (5 miles) |
$7.15
FCFA4,112
|
$21.37
kr2,242
|
|
pay 4.8 times more for housing
|
Equatorial Guinea
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$160.36
FCFA92,197
|
$66.89
kr7,020
|
|
| 1-Bedroom apartment in downtown area |
$200.46
FCFA115,246
|
$1,349.42
kr141,621
|
|
| 1-Bedroom apartment outside city center |
$112.26
FCFA64,538
|
$1,143.63
kr120,024
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$35.56
FCFA20,446
|
$70.86
kr7,437
|
|
pay 2.8 times more for childcare
|
Equatorial Guinea
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$68.16
FCFA39,184
|
$277.52
kr29,126
|
|
| Middle school for 1 child, two semesters |
$1,740.36
FCFA1,000,568
|
$2,822.44
kr296,215
|
|
pay 4.1 times more for entertainment and sports
|
Equatorial Guinea
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$0.80
FCFA461
|
$7.85
kr824
|
|
| Cappuccino in mid-range area |
$6.41
FCFA3,688
|
$4.10
kr430
|
|
|
Pack of cigarettes
Marlboro or similar
|
$1.60
FCFA922
|
$11.37
kr1,194
|
|
| Monthly membership at local gym |
$54.80
FCFA31,504
|
$63.31
kr6,644
|
|
| Movie ticket to theater/cinema |
$7.25
FCFA4,167
|
$11.69
kr1,227
|
|
pay 2.2 times more for clothing
|
Equatorial Guinea
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$24.05
FCFA13,830
|
$117.41
kr12,322
|
|
|
Regular dress
from H&M or similar store
|
$77.51
FCFA44,562
|
$55.13
kr5,786
|
|
|
Running shoes
Nike or Adidas
|
$240.55
FCFA138,296
|
$156.49
kr16,424
|
|
| Men's business shoes (leather) |
$72.16
FCFA41,489
|
$191.54
kr20,102
|
|
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