Cost of living comparison
Accra is 61.8% cheaper than Reykjavik.
If you lived in Accra instead of Reykjavik, you would:
pay 75.3% less for restaurants
Reykjavik
|
Accra
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$18.40
kr2,587
|
$4.16
GHS56.28
|
|
Fast food combo meal
McDonalds, or similar
|
$15.62
kr2,196
|
$6.47
GHS87.55
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.53
kr356
|
$0.61
GHS8.24
|
|
Bottle of water (11 fl. oz) |
$2.03
kr285
|
$0.22
GHS2.97
|
|
pay 42.8% less for groceries
Reykjavik
|
Accra
|
||
---|---|---|---|
Bread
1 loaf
|
$3.40
kr479
|
$1.13
GHS15.33
|
|
Local cheese (8 oz) |
$7.20
kr1,011
|
$3.96
GHS53.63
|
|
Milk (1 gallon) |
$5.90
kr829
|
$7.28
GHS98.62
|
|
Eggs
1 dozen
|
$5.64
kr793
|
$1.71
GHS23.13
|
|
Boneless chicken breast (1 lb) |
$8.08
kr1,136
|
$1.87
GHS25.30
|
|
Apples (1 lb) |
$1.57
kr220
|
$0.99
GHS13.44
|
|
Bananas (1 lb) |
$0.93
kr131
|
$0.43
GHS5.80
|
|
Oranges (1 lb) |
$1.23
kr173
|
$0.58
GHS7.92
|
|
Tomatoes (1 lb) |
$2.22
kr311
|
$0.85
GHS11.51
|
|
Potatoes (1 lb) |
$1.24
kr175
|
$0.84
GHS11.36
|
|
Onions (1 lb) |
$0.69
kr97
|
$0.70
GHS9.41
|
|
pay 69.5% less for transportation
Reykjavik
|
Accra
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.90
kr1,250
|
$3.69
GHS49.89
|
|
Monthly public transit pass |
$65.56
kr9,215
|
$23.56
GHS318.92
|
|
New Volkswagen Golf 1.4 (standard edition) |
$37,150.35
kr5,221,853
|
$6,189.79
GHS83,795.34
|
|
Taxi trip in downtown area (5 miles) |
$29.44
kr4,139
|
$8.31
GHS112.56
|
|
pay 58.1% less for housing
Reykjavik
|
Accra
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$64.04
kr9,002
|
$41.59
GHS563.08
|
|
1-Bedroom apartment in downtown area |
$1,613.16
kr226,746
|
$895.45
GHS12,122.33
|
|
1-Bedroom apartment outside city center |
$1,379.70
kr193,931
|
$59.21
GHS801.57
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.31
kr9,743
|
$29.83
GHS403.81
|
|
pay 42.3% less for childcare
Reykjavik
|
Accra
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$282.44
kr39,699
|
$60.39
GHS817.57
|
|
Middle school for 1 child, two semesters |
$6,058.18
kr851,537
|
$5,690.48
GHS77,035.89
|
|
pay 66.3% less for entertainment and sports
Reykjavik
|
Accra
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$9.47
kr1,331
|
$0.92
GHS12.51
|
|
Cappuccino in mid-range area |
$4.53
kr636
|
$2.14
GHS28.95
|
|
Pack of cigarettes
Marlboro or similar
|
$11.66
kr1,638
|
$1.48
GHS20.01
|
|
Monthly membership at local gym |
$67.30
kr9,460
|
$36.72
GHS497.14
|
|
Movie ticket to theater/cinema |
$13.66
kr1,920
|
$6.01
GHS81.29
|
|
pay 78.5% less for clothing
Reykjavik
|
Accra
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$108.17
kr15,204
|
$13.41
GHS181.47
|
|
Regular dress
from H&M or similar store
|
$43.41
kr6,102
|
$12.88
GHS174.31
|
|
Running shoes
Nike or Adidas
|
$137.74
kr19,361
|
$34.37
GHS465.25
|
|
Men's business shoes (leather) |
$182.49
kr25,651
|
$34.18
GHS462.75
|
|
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