Cost of living comparison
Iceland is 2.8 times more expensive than Malabo.
If you lived in Iceland instead of Malabo, you would:
pay 44.4% more for restaurants
Malabo
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$13.41
FCFA8,252
|
$17.84
kr2,506
|
|
Fast food combo meal
McDonalds, or similar
|
$20.95
FCFA12,894
|
$14.27
kr2,005
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.12
FCFA688
|
$2.32
kr326
|
|
Bottle of water (11 fl. oz) |
$1.26
FCFA774
|
$2.12
kr298
|
|
pay 14.6% more for groceries
Malabo
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$3.34
FCFA2,055
|
$3.42
kr481
|
|
Local cheese (8 oz) | ?? |
$5.98
kr841
|
|
Milk (1 gallon) |
$8.88
FCFA5,467
|
$5.33
kr748
|
|
Eggs
1 dozen
|
$2.01
FCFA1,238
|
$5.66
kr795
|
|
Boneless chicken breast (1 lb) |
$2.28
FCFA1,404
|
$7.09
kr997
|
|
Apples (1 lb) |
$2.66
FCFA1,638
|
$1.16
kr163
|
|
Bananas (1 lb) |
$1.33
FCFA819
|
$0.98
kr138
|
|
Oranges (1 lb) |
$1.90
FCFA1,170
|
$1.17
kr165
|
|
Tomatoes (1 lb) |
$1.33
FCFA819
|
$1.84
kr258
|
|
Potatoes (1 lb) |
$2.01
FCFA1,240
|
$0.96
kr134
|
|
Onions (1 lb) |
$1.90
FCFA1,170
|
$0.51
kr72
|
|
pay 2.2 times more for transportation
Malabo
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$3.11
FCFA1,913
|
$8.03
kr1,129
|
|
Monthly public transit pass |
$58.66
FCFA36,105
|
$77.40
kr10,876
|
|
New Volkswagen Golf 1.4 (standard edition) |
$16,761.01
FCFA10,315,589
|
$29,836.83
kr4,192,672
|
|
Taxi trip in downtown area (5 miles) |
$7.54
FCFA4,642
|
$23.97
kr3,368
|
|
pay 4.9 times more for housing
Malabo
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$167.61
FCFA103,156
|
$62.40
kr8,769
|
|
1-Bedroom apartment in downtown area |
$209.51
FCFA128,945
|
$1,437.14
kr201,947
|
|
1-Bedroom apartment outside city center |
$117.33
FCFA72,209
|
$1,215.63
kr170,820
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$37.17
FCFA22,876
|
$68.63
kr9,644
|
|
pay 3.1 times more for childcare
Malabo
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$67.04
FCFA41,262
|
$259.34
kr36,443
|
|
Middle school for 1 child, two semesters |
$1,173.27
FCFA722,091
|
$2,750.10
kr386,444
|
|
pay 4.6 times more for entertainment and sports
Malabo
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$0.84
FCFA516
|
$8.52
kr1,198
|
|
Cappuccino in mid-range area |
$6.70
FCFA4,126
|
$4.15
kr584
|
|
Pack of cigarettes
Marlboro or similar
|
$1.68
FCFA1,032
|
$10.64
kr1,494
|
|
Monthly membership at local gym |
$50.28
FCFA30,947
|
$56.90
kr7,996
|
|
Movie ticket to theater/cinema | ?? |
$12.27
kr1,725
|
|
pay 2.1 times more for clothing
Malabo
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$25.14
FCFA15,473
|
$118.08
kr16,592
|
|
Regular dress
from H&M or similar store
|
$81.01
FCFA49,859
|
$50.39
kr7,081
|
|
Running shoes
Nike or Adidas
|
$251.42
FCFA154,734
|
$151.12
kr21,235
|
|
Men's business shoes (leather) |
$75.42
FCFA46,420
|
$175.20
kr24,619
|
|
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