Cost of living comparison
compared to
Equatorial Guinea vs. Iceland Cost of Living Summary
Equatorial Guinea is 57.0% cheaper than Iceland overall.
- Restaurants
-
pay 65.6% less in Equatorial Guinea
- Groceries
-
pay 33.6% less in Equatorial Guinea
- Transportation
-
pay 56.1% less in Equatorial Guinea
- Housing
-
pay 87.6% less in Equatorial Guinea
- Childcare
-
pay 98.8% less in Equatorial Guinea
- Entertainment and Sports
-
pay 48.7% less in Equatorial Guinea
- Clothing
-
pay 8.7% less in Equatorial Guinea
Expenses including childcare, housing, restaurants, transportation, entertainment and sports, and groceries are lower in Equatorial Guinea.
Equatorial Guinea vs. Iceland Cost Breakdown
If you lived in Equatorial Guinea instead of Iceland, you would:
pay 65.6% less for restaurants
|
Iceland
|
Equatorial Guinea
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$26.52
ISK3,394
|
?? | |
|
Fast food combo meal
McDonalds, or similar
|
$21.32
ISK2,728
|
$8.90
FCFA5,036
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.11
ISK398
|
$0.89
FCFA504
|
|
| Bottle of water (11 fl. oz) |
$2.72
ISK348
|
$0.89
FCFA504
|
|
Iceland vs. Equatorial Guinea - Cost of restaurants
pay 33.6% less for groceries
|
Iceland
|
Equatorial Guinea
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.80
ISK487
|
?? | |
| Local cheese (8 oz) |
$9.44
ISK1,208
|
$3.36
FCFA1,900
|
|
| Milk (1 gallon) |
$7.78
ISK996
|
$10.78
FCFA6,100
|
|
|
Eggs
1 dozen
|
$6.71
ISK859
|
$4.27
FCFA2,417
|
|
| Boneless chicken breast (1 lb) |
$11.22
ISK1,436
|
$3.09
FCFA1,750
|
|
| Apples (1 lb) |
$1.50
ISK191
|
?? | |
| Bananas (1 lb) |
$1.15
ISK147
|
?? | |
| Oranges (1 lb) |
$1.41
ISK181
|
?? | |
| Tomatoes (1 lb) |
$2.34
ISK300
|
?? | |
| Potatoes (1 lb) |
$1.65
ISK211
|
?? | |
| Onions (1 lb) |
$1.09
ISK140
|
?? | |
Iceland vs. Equatorial Guinea - Cost of groceries
pay 56.1% less for transportation
|
Iceland
|
Equatorial Guinea
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$9.65
ISK1,235
|
?? | |
| Monthly public transit pass |
$79.56
ISK10,182
|
$26.33
FCFA14,893
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$49,144.25
ISK6,289,481
|
$32,972.23
FCFA18,650,720
|
|
| Taxi trip in downtown area (5 miles) |
$25.55
ISK3,270
|
$8.01
FCFA4,532
|
|
Iceland vs. Equatorial Guinea - Cost of transportation
pay 87.6% less for housing
|
Iceland
|
Equatorial Guinea
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$95.65
ISK12,241
|
$17.81
FCFA10,072
|
|
| 1-Bedroom apartment in downtown area |
$2,289.17
ISK292,968
|
$267.09
FCFA151,078
|
|
| 1-Bedroom apartment outside city center |
$1,830.04
ISK234,209
|
$124.64
FCFA70,503
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$65.15
ISK8,338
|
?? | |
Iceland vs. Equatorial Guinea - Cost of housing
pay 98.8% less for childcare
|
Iceland
|
Equatorial Guinea
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$334.67
ISK42,830
|
?? | |
| Middle school for 1 child, two semesters |
$30,711.08
ISK3,930,404
|
$356.12
FCFA201,438
|
|
Iceland vs. Equatorial Guinea - Cost of childcare
pay 48.7% less for entertainment and sports
|
Iceland
|
Equatorial Guinea
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$11.14
ISK1,426
|
?? | |
| Cappuccino in mid-range area |
$5.62
ISK720
|
$5.34
FCFA3,022
|
|
|
Pack of cigarettes
Marlboro or similar
|
$13.90
ISK1,778
|
$4.51
FCFA2,551
|
|
| Monthly membership at local gym |
$78.17
ISK10,004
|
$35.61
FCFA20,144
|
|
| Movie ticket to theater/cinema |
$16.75
ISK2,144
|
$5.38
FCFA3,041
|
|
Iceland vs. Equatorial Guinea - Cost of entertainment and sports
pay 8.7% less for clothing
|
Iceland
|
Equatorial Guinea
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$130.91
ISK16,753
|
$26.71
FCFA15,108
|
|
|
Regular dress
from H&M or similar store
|
$61.83
ISK7,913
|
$133.54
FCFA75,539
|
|
|
Running shoes
Nike or Adidas
|
$163.81
ISK20,965
|
?? | |
| Men's business shoes (leather) |
$237.31
ISK30,371
|
$89.03
FCFA50,359
|
|
Iceland vs. Equatorial Guinea - Cost of clothing
The statistics used to build this comparison are calculated using data from users just like you.
We average the price of thousands of data points entered by users across the world.
Learn more about our data sources. Page last updated: December 2025
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