Cost of living comparison
Reykjavik is 4.0 times more expensive than Malabo.
If you lived in Reykjavik instead of Malabo, you would:
pay 52.0% more for restaurants
Malabo
|
Reykjavik
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$13.28
FCFA7,957
|
$21.59
ISK2,950
|
|
Fast food combo meal
McDonalds, or similar
|
$16.59
FCFA9,947
|
$17.27
ISK2,360
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.66
FCFA995
|
$2.90
ISK397
|
|
Bottle of water (11 fl. oz) |
$1.24
FCFA746
|
$2.07
ISK283
|
|
pay 8.0% less for groceries
Malabo
|
Reykjavik
|
||
---|---|---|---|
Bread
1 loaf
|
$3.29
FCFA1,974
|
$3.68
ISK504
|
|
Local cheese (8 oz) | ?? |
$7.66
ISK1,046
|
|
Milk (1 gallon) |
$9.84
FCFA5,899
|
$6.16
ISK842
|
|
Eggs
1 dozen
|
$2.99
FCFA1,790
|
$5.91
ISK808
|
|
Boneless chicken breast (1 lb) | ?? |
$8.87
ISK1,212
|
|
Apples (1 lb) |
$2.26
FCFA1,354
|
$1.53
ISK209
|
|
Bananas (1 lb) |
$1.51
FCFA902
|
$0.97
ISK132
|
|
Oranges (1 lb) |
$2.26
FCFA1,354
|
$1.26
ISK172
|
|
Tomatoes (1 lb) |
$1.51
FCFA902
|
$2.23
ISK304
|
|
Potatoes (1 lb) |
$1.88
FCFA1,128
|
$1.42
ISK193
|
|
Onions (1 lb) |
$2.26
FCFA1,354
|
$1.01
ISK138
|
|
pay 2.9 times more for transportation
Malabo
|
Reykjavik
|
||
---|---|---|---|
Gasoline (1 gallon) |
$3.14
FCFA1,883
|
$8.57
ISK1,172
|
|
Monthly public transit pass | ?? |
$66.92
ISK9,144
|
|
New Volkswagen Golf 1.4 (standard edition) | ?? |
$41,660.67
ISK5,692,931
|
|
Taxi trip in downtown area (5 miles) |
$7.47
FCFA4,476
|
$23.30
ISK3,184
|
|
pay 7.2 times more for housing
Malabo
|
Reykjavik
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$16.59
FCFA9,947
|
$68.45
ISK9,354
|
|
1-Bedroom apartment in downtown area |
$207.42
FCFA124,335
|
$1,864.13
ISK254,734
|
|
1-Bedroom apartment outside city center |
$116.16
FCFA69,628
|
$1,666.20
ISK227,686
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$42.51
FCFA25,481
|
$64.43
ISK8,805
|
|
pay 10.8 times more for childcare
Malabo
|
Reykjavik
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$66.38
FCFA39,787
|
$240.37
ISK32,846
|
|
Middle school for 1 child, two semesters |
$331.88
FCFA198,936
|
$5,984.07
ISK817,724
|
|
pay 2.9 times more for entertainment and sports
Malabo
|
Reykjavik
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.66
FCFA995
|
$10.79
ISK1,475
|
|
Cappuccino in mid-range area |
$6.64
FCFA3,979
|
$5.09
ISK695
|
|
Pack of cigarettes
Marlboro or similar
|
?? |
$11.87
ISK1,622
|
|
Monthly membership at local gym |
$49.78
FCFA29,840
|
$65.50
ISK8,951
|
|
Movie ticket to theater/cinema | ?? |
$14.39
ISK1,966
|
|
pay 81.7% more for clothing
Malabo
|
Reykjavik
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$24.89
FCFA14,920
|
$103.94
ISK14,204
|
|
Regular dress
from H&M or similar store
|
$103.71
FCFA62,168
|
$43.50
ISK5,944
|
|
Running shoes
Nike or Adidas
|
$248.91
FCFA149,202
|
$141.47
ISK19,332
|
|
Men's business shoes (leather) |
$82.97
FCFA49,734
|
$174.65
ISK23,866
|
|
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