Cost of living comparison
Iceland is 10.7 times more expensive than Gambia.
If you lived in Iceland instead of Gambia, you would:
pay 2.9 times more for restaurants
|
Gambia
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$3.87
GMD273.05
|
$19.51
ISK2,678
|
|
|
Fast food combo meal
McDonalds, or similar
|
$5.53
GMD390.08
|
$16.45
ISK2,257
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.30
GMD91.37
|
$2.70
ISK371
|
|
| Bottle of water (11 fl. oz) |
$1.47
GMD103.52
|
$1.95
ISK268
|
|
pay 2.6 times more for groceries
|
Gambia
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$0.54
GMD38.14
|
$3.16
ISK433
|
|
| Local cheese (8 oz) |
$3.32
GMD234.05
|
$6.72
ISK922
|
|
| Milk (1 gallon) |
$5.49
GMD387.20
|
$6.27
ISK861
|
|
|
Eggs
1 dozen
|
$1.95
GMD137.31
|
$6.03
ISK828
|
|
| Boneless chicken breast (1 lb) |
$1.34
GMD94.37
|
$7.60
ISK1,043
|
|
| Apples (1 lb) |
$0.84
GMD58.98
|
$1.13
ISK155
|
|
| Bananas (1 lb) |
$0.59
GMD41.29
|
$1.01
ISK138
|
|
| Oranges (1 lb) |
$0.89
GMD62.91
|
$1.15
ISK158
|
|
| Tomatoes (1 lb) |
$0.67
GMD47.18
|
$1.71
ISK235
|
|
| Potatoes (1 lb) |
$0.45
GMD31.46
|
$1.13
ISK155
|
|
| Onions (1 lb) |
$0.42
GMD29.49
|
$0.68
ISK94
|
|
pay 7.9 times more for transportation
|
Gambia
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.19
GMD295.32
|
$8.42
ISK1,156
|
|
| Monthly public transit pass | ?? |
$68.29
ISK9,373
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$2,877.17
GMD202,840.28
|
$39,714.69
ISK5,450,444
|
|
| Taxi trip in downtown area (5 miles) | ?? |
$23.23
ISK3,188
|
|
pay 9.3 times more for housing
|
Gambia
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$49.18
GMD3,467.36
|
$74.47
ISK10,221
|
|
| 1-Bedroom apartment in downtown area | ?? |
$1,518.94
ISK208,459
|
|
| 1-Bedroom apartment outside city center |
$55.82
GMD3,935.45
|
$1,325.48
ISK181,909
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$25.39
GMD1,789.77
|
$66.99
ISK9,194
|
|
pay 37.6 times more for childcare
|
Gambia
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$7.38
GMD520.10
|
$254.97
ISK34,992
|
|
| Middle school for 1 child, two semesters |
$147.55
GMD10,402.07
|
$5,993.83
ISK822,593
|
|
pay 3.9 times more for entertainment and sports
|
Gambia
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.84
GMD130.03
|
$9.37
ISK1,287
|
|
| Cappuccino in mid-range area |
$2.28
GMD161.03
|
$4.61
ISK633
|
|
|
Pack of cigarettes
Marlboro or similar
|
$1.81
GMD127.43
|
$11.22
ISK1,539
|
|
| Monthly membership at local gym |
$25.82
GMD1,820.36
|
$60.00
ISK8,235
|
|
| Movie ticket to theater/cinema |
$3.69
GMD260.05
|
$13.94
ISK1,913
|
|
pay (unknown) more for clothing
|
Gambia
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
?? |
$108.23
ISK14,854
|
|
|
Regular dress
from H&M or similar store
|
?? |
$59.73
ISK8,198
|
|
|
Running shoes
Nike or Adidas
|
?? |
$146.94
ISK20,166
|
|
| Men's business shoes (leather) | ?? |
$169.24
ISK23,226
|
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