Cost of living comparison
Iceland is 5.2 times more expensive than Gambia.
If you lived in Iceland instead of Gambia, you would:
pay 5.4 times more for restaurants
Gambia
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$1.61
GMD109.16
|
$17.84
kr2,519
|
|
Fast food combo meal
McDonalds, or similar
|
$5.63
GMD382.07
|
$14.27
kr2,015
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.69
GMD46.70
|
$2.32
kr327
|
|
Bottle of water (11 fl. oz) |
$0.47
GMD31.84
|
$2.12
kr300
|
|
pay 2.7 times more for groceries
Gambia
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$0.50
GMD34.11
|
$3.42
kr484
|
|
Local cheese (8 oz) |
$2.87
GMD194.76
|
$5.98
kr845
|
|
Milk (1 gallon) |
$4.48
GMD304.07
|
$5.33
kr752
|
|
Eggs
1 dozen
|
$1.52
GMD102.96
|
$5.66
kr799
|
|
Boneless chicken breast (1 lb) |
$1.51
GMD102.22
|
$7.09
kr1,002
|
|
Apples (1 lb) |
$0.87
GMD58.99
|
$1.16
kr164
|
|
Bananas (1 lb) |
$0.68
GMD45.95
|
$0.98
kr139
|
|
Oranges (1 lb) |
$0.90
GMD61.28
|
$1.17
kr166
|
|
Tomatoes (1 lb) |
$0.56
GMD38.02
|
$1.84
kr259
|
|
Potatoes (1 lb) |
$0.43
GMD28.89
|
$0.96
kr135
|
|
Onions (1 lb) |
$0.37
GMD24.84
|
$0.51
kr72
|
|
pay 6.6 times more for transportation
Gambia
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$3.47
GMD235.77
|
$8.03
kr1,135
|
|
Monthly public transit pass |
$20.90
GMD1,419.13
|
$77.40
kr10,932
|
|
New Volkswagen Golf 1.4 (standard edition) |
$2,170.42
GMD147,371.38
|
$29,836.83
kr4,214,452
|
|
Taxi trip in downtown area (5 miles) | ?? |
$23.97
kr3,385
|
|
pay 5.6 times more for housing
Gambia
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$112.54
GMD7,641.48
|
$62.40
kr8,814
|
|
1-Bedroom apartment in downtown area |
$192.93
GMD13,099.68
|
$1,437.14
kr202,996
|
|
1-Bedroom apartment outside city center |
$100.51
GMD6,824.77
|
$1,215.63
kr171,707
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$30.62
GMD2,078.99
|
$68.63
kr9,694
|
|
pay 5.3 times more for childcare
Gambia
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$37.51
GMD2,547.16
|
$259.34
kr36,632
|
|
Middle school for 1 child, two semesters |
$750.27
GMD50,943.19
|
$2,750.10
kr388,451
|
|
pay 4.3 times more for entertainment and sports
Gambia
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.61
GMD109.16
|
$8.52
kr1,204
|
|
Cappuccino in mid-range area |
$1.74
GMD118.26
|
$4.15
kr587
|
|
Pack of cigarettes
Marlboro or similar
|
$1.23
GMD83.69
|
$10.64
kr1,502
|
|
Monthly membership at local gym |
$32.15
GMD2,183.28
|
$56.90
kr8,037
|
|
Movie ticket to theater/cinema |
$3.75
GMD254.72
|
$12.27
kr1,734
|
|
pay 6.9 times more for clothing
Gambia
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$6.97
GMD473.04
|
$118.08
kr16,678
|
|
Regular dress
from H&M or similar store
|
$26.80
GMD1,819.40
|
$50.39
kr7,117
|
|
Running shoes
Nike or Adidas
|
$48.23
GMD3,274.92
|
$151.12
kr21,345
|
|
Men's business shoes (leather) |
$31.62
GMD2,146.89
|
$175.20
kr24,747
|
|
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