Cost of living comparison

compared to

Guinea vs. Iceland Cost of Living Summary

Guinea is 49.0% cheaper than Iceland overall.

Restaurants: pay 58.6% less in Guinea
Groceries: pay 33.3% less in Guinea
Transportation: pay 52.0% less in Guinea
Housing: pay 10.6% more in Guinea
Childcare: pay 79.3% less in Guinea
Entertainment and Sports: pay 54.4% less in Guinea
Clothing: pay 76.2% less in Guinea

Expenses including childcare, clothing, restaurants, entertainment and sports, transportation, and groceries are lower in Guinea.

Guinea vs. Iceland Cost Breakdown

If you lived in Guinea instead of Iceland, you would:

Display currency: USD

pay 58.6% less for restaurants

	Iceland	Guinea
Basic meal with drink at inexpensive restaurant	$26.52 ISK3,394	$5.00 GNF43,316	-81.1%
Fast food combo meal McDonalds, or similar	$21.32 ISK2,728	$10.77 GNF93,341	-49.5%
Bottle of Coca-Cola (11 fl. oz)	$3.11 ISK398	$1.62 GNF14,034	-47.9%
Bottle of water (11 fl. oz)	$2.72 ISK348	$1.20 GNF10,396	-55.9%
Average			-58.6%

Iceland vs. Guinea - Cost of restaurants

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pay 33.3% less for groceries

	Iceland	Guinea
Bread 1 loaf	$3.80 ISK487	$1.32 GNF11,442	-65.3%
Local cheese (8 oz)	$9.44 ISK1,208	$9.28 GNF80,387	-1.7%
Milk (1 gallon)	$7.78 ISK996	$8.22 GNF71,181	+5.6%
Eggs 1 dozen	$6.71 ISK859	$3.95 GNF34,184	-41.2%
Boneless chicken breast (1 lb)	$11.22 ISK1,436	$2.83 GNF24,560	-74.7%
Apples (1 lb)	$1.50 ISK191	$1.27 GNF11,024	-14.9%
Bananas (1 lb)	$1.15 ISK147	$1.11 GNF9,577	-3.6%
Oranges (1 lb)	$1.41 ISK181	$0.92 GNF7,961	-35.0%
Tomatoes (1 lb)	$2.34 ISK300	$1.28 GNF11,117	-45.2%
Potatoes (1 lb)	$1.65 ISK211	$0.72 GNF6,253	-56.2%
Onions (1 lb)	$1.09 ISK140	$0.72 GNF6,253	-34.0%
Average			-33.3%

Iceland vs. Guinea - Cost of groceries

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pay 52.0% less for transportation

	Iceland	Guinea
Gasoline (1 gallon)	$9.65 ISK1,235	$5.26 GNF45,579	-45.5%
Monthly public transit pass	$79.56 ISK10,182	$28.49 GNF246,814	-64.2%
New Volkswagen Golf 1.4 (standard edition)	$49,144.25 ISK6,289,481	$33,000.00 GNF285,885,394	-32.9%
Taxi trip in downtown area (5 miles)	$25.55 ISK3,270	$8.87 GNF76,801	-65.3%
Average			-52.0%

Iceland vs. Guinea - Cost of transportation

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pay 10.6% more for housing

	Iceland	Guinea
Internet connection 50 mbps or faster, cable/dsl	$95.65 ISK12,241	$185.16 GNF1,604,048	+93.6%
1-Bedroom apartment in downtown area	$2,289.17 ISK292,968	$630.52 GNF5,462,276	-72.5%
1-Bedroom apartment outside city center	$1,830.04 ISK234,209	$317.99 GNF2,754,801	-82.6%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$65.15 ISK8,338	$132.79 GNF1,150,348	+103.8%
Average			+10.6%

Iceland vs. Guinea - Cost of housing

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pay 79.3% less for childcare

	Iceland	Guinea
Private preschool for 1 child, monthly	$334.67 ISK42,830	??
Middle school for 1 child, two semesters	$30,711.08 ISK3,930,404	$6,362.45 GNF55,119,145	-79.3%
Average			-79.3%

Iceland vs. Guinea - Cost of childcare

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pay 54.4% less for entertainment and sports

	Iceland	Guinea
Domestic/local beer (1 pint)	$11.14 ISK1,426	$2.50 GNF21,658	-77.6%
Cappuccino in mid-range area	$5.62 ISK720	$3.32 GNF28,721	-41.1%
Pack of cigarettes Marlboro or similar	$13.90 ISK1,778	$1.16 GNF10,071	-91.6%
Monthly membership at local gym	$78.17 ISK10,004	$89.25 GNF773,184	+14.2%
Movie ticket to theater/cinema	$16.75 ISK2,144	$4.05 GNF35,100	-75.8%
Average			-54.4%

Iceland vs. Guinea - Cost of entertainment and sports

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pay 76.2% less for clothing

	Iceland	Guinea
Regular jeans Levi's brand	$130.91 ISK16,753	$20.00 GNF173,264	-84.7%
Regular dress from H&M or similar store	$61.83 ISK7,913	$25.00 GNF216,580	-59.6%
Running shoes Nike or Adidas	$163.81 ISK20,965	$30.00 GNF259,896	-81.7%
Men's business shoes (leather)	$237.31 ISK30,371	$50.00 GNF433,160	-78.9%
Average			-76.2%

Iceland vs. Guinea - Cost of clothing

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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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