Cost of living comparison
Ghana is 55.8% cheaper than Iceland.
If you lived in Ghana instead of Iceland, you would:
pay 77.2% less for restaurants
Iceland
|
Ghana
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$17.84
kr2,439
|
$3.39
GHS44.01
|
|
Fast food combo meal
McDonalds, or similar
|
$14.27
kr1,951
|
$5.85
GHS76.02
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.32
kr317
|
$0.51
GHS6.65
|
|
Bottle of water (11 fl. oz) |
$2.12
kr290
|
$0.20
GHS2.55
|
|
pay 34.4% less for groceries
Iceland
|
Ghana
|
||
---|---|---|---|
Bread
1 loaf
|
$3.42
kr468
|
$1.07
GHS13.96
|
|
Local cheese (8 oz) |
$5.98
kr818
|
$3.60
GHS46.74
|
|
Milk (1 gallon) |
$5.33
kr728
|
$6.56
GHS85.18
|
|
Eggs
1 dozen
|
$5.66
kr774
|
$1.39
GHS18.00
|
|
Boneless chicken breast (1 lb) |
$7.09
kr970
|
$1.51
GHS19.67
|
|
Apples (1 lb) |
$1.16
kr159
|
$0.91
GHS11.80
|
|
Bananas (1 lb) |
$0.98
kr134
|
$0.59
GHS7.68
|
|
Oranges (1 lb) |
$1.17
kr160
|
$0.63
GHS8.25
|
|
Tomatoes (1 lb) |
$1.84
kr251
|
$0.79
GHS10.22
|
|
Potatoes (1 lb) |
$0.96
kr131
|
$0.83
GHS10.81
|
|
Onions (1 lb) |
$0.51
kr70
|
$0.71
GHS9.21
|
|
pay 73.3% less for transportation
Iceland
|
Ghana
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.03
kr1,099
|
$3.48
GHS45.25
|
|
Monthly public transit pass |
$77.40
kr10,584
|
$13.79
GHS179.12
|
|
New Volkswagen Golf 1.4 (standard edition) |
$29,836.83
kr4,080,131
|
$5,681.67
GHS73,815.46
|
|
Taxi trip in downtown area (5 miles) |
$23.97
kr3,277
|
$6.37
GHS82.82
|
|
pay 61.2% less for housing
Iceland
|
Ghana
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$62.40
kr8,533
|
$44.96
GHS584.12
|
|
1-Bedroom apartment in downtown area |
$1,437.14
kr196,527
|
$532.41
GHS6,917.02
|
|
1-Bedroom apartment outside city center |
$1,215.63
kr166,234
|
$81.19
GHS1,054.77
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$68.63
kr9,385
|
$27.28
GHS354.39
|
|
pay 12.6% more for childcare
Iceland
|
Ghana
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$259.34
kr35,465
|
$57.14
GHS742.38
|
|
Middle school for 1 child, two semesters |
$2,750.10
kr376,071
|
$5,592.22
GHS72,653.36
|
|
pay 73.0% less for entertainment and sports
Iceland
|
Ghana
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$8.52
kr1,165
|
$0.69
GHS9.00
|
|
Cappuccino in mid-range area |
$4.15
kr568
|
$1.14
GHS14.86
|
|
Pack of cigarettes
Marlboro or similar
|
$10.64
kr1,454
|
$1.20
GHS15.60
|
|
Monthly membership at local gym |
$56.90
kr7,781
|
$30.68
GHS398.58
|
|
Movie ticket to theater/cinema |
$12.27
kr1,678
|
$4.16
GHS54.01
|
|
pay 84.3% less for clothing
Iceland
|
Ghana
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$118.08
kr16,147
|
$10.55
GHS137.09
|
|
Regular dress
from H&M or similar store
|
$50.39
kr6,891
|
$9.90
GHS128.65
|
|
Running shoes
Nike or Adidas
|
$151.12
kr20,665
|
$27.96
GHS363.28
|
|
Men's business shoes (leather) |
$175.20
kr23,958
|
$27.10
GHS352.07
|
|
Change currency:
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Ghana or Iceland. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.