Cost of living comparison

compared to

Reykjavik is 4.0 times more expensive than Malabo.

If you lived in Reykjavik instead of Malabo, you would:

Display currency: USD

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

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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

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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

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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

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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

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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

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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

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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: October 2024
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