Cost of living comparison
Iceland is 3.8 times more expensive than Equatorial Guinea.
If you lived in Iceland instead of Equatorial Guinea, you would:
pay 41.5% more for restaurants
|
Equatorial Guinea
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$13.28
FCFA7,929
|
$19.51
ISK2,647
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.59
FCFA9,912
|
$16.45
ISK2,231
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.66
FCFA991
|
$2.70
ISK367
|
|
| Bottle of water (11 fl. oz) |
$1.24
FCFA743
|
$1.95
ISK265
|
|
pay 18.5% less for groceries
|
Equatorial Guinea
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.29
FCFA1,967
|
$3.16
ISK428
|
|
| Local cheese (8 oz) | ?? |
$6.72
ISK911
|
|
| Milk (1 gallon) |
$9.84
FCFA5,878
|
$6.27
ISK851
|
|
|
Eggs
1 dozen
|
$2.99
FCFA1,784
|
$6.03
ISK818
|
|
| Boneless chicken breast (1 lb) | ?? |
$7.60
ISK1,031
|
|
| Apples (1 lb) |
$2.26
FCFA1,349
|
$1.13
ISK153
|
|
| Bananas (1 lb) |
$1.51
FCFA899
|
$1.01
ISK137
|
|
| Oranges (1 lb) |
$2.26
FCFA1,349
|
$1.15
ISK157
|
|
| Tomatoes (1 lb) |
$1.51
FCFA899
|
$1.71
ISK232
|
|
| Potatoes (1 lb) |
$1.88
FCFA1,124
|
$1.13
ISK153
|
|
| Onions (1 lb) |
$2.26
FCFA1,349
|
$0.68
ISK92
|
|
pay 2.9 times more for transportation
|
Equatorial Guinea
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.14
FCFA1,876
|
$8.42
ISK1,142
|
|
| Monthly public transit pass | ?? |
$68.29
ISK9,265
|
|
| New Volkswagen Golf 1.4 (standard edition) | ?? |
$39,714.69
ISK5,387,695
|
|
| Taxi trip in downtown area (5 miles) |
$7.47
FCFA4,460
|
$23.23
ISK3,151
|
|
pay 6.2 times more for housing
|
Equatorial Guinea
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$16.59
FCFA9,912
|
$74.47
ISK10,103
|
|
| 1-Bedroom apartment in downtown area |
$207.42
FCFA123,895
|
$1,518.94
ISK206,059
|
|
| 1-Bedroom apartment outside city center |
$116.16
FCFA69,381
|
$1,325.48
ISK179,814
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$42.51
FCFA25,391
|
$66.99
ISK9,088
|
|
pay 10.9 times more for childcare
|
Equatorial Guinea
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$66.38
FCFA39,646
|
$254.97
ISK34,589
|
|
| Middle school for 1 child, two semesters |
$331.88
FCFA198,232
|
$5,993.83
ISK813,122
|
|
pay 2.5 times more for entertainment and sports
|
Equatorial Guinea
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.66
FCFA991
|
$9.37
ISK1,272
|
|
| Cappuccino in mid-range area |
$6.64
FCFA3,965
|
$4.61
ISK626
|
|
|
Pack of cigarettes
Marlboro or similar
|
?? |
$11.22
ISK1,522
|
|
| Monthly membership at local gym |
$49.78
FCFA29,735
|
$60.00
ISK8,140
|
|
| Movie ticket to theater/cinema | ?? |
$13.94
ISK1,891
|
|
pay 88.9% more for clothing
|
Equatorial Guinea
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$24.89
FCFA14,867
|
$108.23
ISK14,683
|
|
|
Regular dress
from H&M or similar store
|
$103.71
FCFA61,947
|
$59.73
ISK8,103
|
|
|
Running shoes
Nike or Adidas
|
$248.91
FCFA148,674
|
$146.94
ISK19,934
|
|
| Men's business shoes (leather) |
$82.97
FCFA49,558
|
$169.24
ISK22,959
|
|
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