Cost of living comparison

compared to

Guinea vs. Reykjavik Cost of Living Summary

Guinea is 49.1% cheaper than Reykjavik.

Restaurants: pay 60.4% less in Guinea
Groceries: pay 35.1% less in Guinea
Transportation: pay 54.2% less in Guinea
Housing: pay 21.9% more in Guinea
Childcare: pay 79.3% less in Guinea
Entertainment and Sports: pay 58.6% less in Guinea
Clothing: pay 77.9% less in Guinea

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

Guinea vs. Reykjavik Cost Breakdown

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

Display currency: USD

pay 60.4% less for restaurants

	Reykjavik	Guinea
Basic meal with drink at inexpensive restaurant	$27.48 ISK3,420	$5.00 GNF43,737	-81.8%
Fast food combo meal McDonalds, or similar	$22.76 ISK2,833	$10.77 GNF94,249	-52.7%
Bottle of Coca-Cola (11 fl. oz)	$3.34 ISK415	$1.62 GNF14,170	-51.4%
Bottle of water (11 fl. oz)	$2.70 ISK336	$1.20 GNF10,497	-55.5%
Average			-60.4%

Reykjavik vs. Guinea - Cost of restaurants

Improve prices · Change currency (USD)

pay 35.1% less for groceries

	Reykjavik	Guinea
Bread 1 loaf	$4.63 ISK577	$1.32 GNF11,553	-71.5%
Local cheese (8 oz)	$9.44 ISK1,175	$9.28 GNF81,169	-1.7%
Milk (1 gallon)	$7.63 ISK950	$8.22 GNF71,873	+7.7%
Eggs 1 dozen	$6.50 ISK809	$3.95 GNF34,516	-39.3%
Boneless chicken breast (1 lb)	$11.29 ISK1,406	$2.83 GNF24,799	-74.9%
Apples (1 lb)	$1.59 ISK198	$1.27 GNF11,131	-20.0%
Bananas (1 lb)	$1.17 ISK146	$1.11 GNF9,670	-5.5%
Oranges (1 lb)	$1.49 ISK185	$0.92 GNF8,039	-38.3%
Tomatoes (1 lb)	$2.54 ISK316	$1.28 GNF11,225	-49.4%
Potatoes (1 lb)	$1.70 ISK211	$0.72 GNF6,314	-57.5%
Onions (1 lb)	$1.13 ISK141	$0.72 GNF6,314	-36.1%
Average			-35.1%

Reykjavik vs. Guinea - Cost of groceries

Improve prices · Change currency (USD)

pay 54.2% less for transportation

	Reykjavik	Guinea
Gasoline (1 gallon)	$9.66 ISK1,202	$5.26 GNF46,023	-45.5%
Monthly public transit pass	$88.58 ISK11,027	$28.49 GNF249K	-67.8%
New Volkswagen Golf 1.4 (standard edition)	$50,771.00 ISK6M	$33,000.00 GNF289M	-35.0%
Taxi trip in downtown area (5 miles)	$28.07 ISK3,494	$8.87 GNF77,548	-68.4%
Average			-54.2%

Reykjavik vs. Guinea - Cost of transportation

Improve prices · Change currency (USD)

pay 21.9% more for housing

	Reykjavik	Guinea
Internet connection 50 mbps or faster, cable/dsl	$81.97 ISK10,203	$185.16 GNF2M	+125.9%
1-Bedroom apartment in downtown area	$2,259.48 ISK281K	$630.52 GNF6M	-72.1%
1-Bedroom apartment outside city center	$2,034.90 ISK253K	$317.99 GNF3M	-84.4%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$60.87 ISK7,578	$132.79 GNF1M	+118.1%
Average			+21.9%

Reykjavik vs. Guinea - Cost of housing

Improve prices · Change currency (USD)

pay 79.3% less for childcare

	Reykjavik	Guinea
Private preschool for 1 child, monthly	$327.78 ISK40,802	??
Middle school for 1 child, two semesters	$30,711.08 ISK4M	$6,362.45 GNF56M	-79.3%
Average			-79.3%

Reykjavik vs. Guinea - Cost of childcare

Improve prices · Change currency (USD)

pay 58.6% less for entertainment and sports

	Reykjavik	Guinea
Domestic/local beer (1 pint)	$13.12 ISK1,634	$2.50 GNF21,869	-81.0%
Cappuccino in mid-range area	$6.17 ISK768	$3.32 GNF29,000	-46.3%
Pack of cigarettes Marlboro or similar	$13.94 ISK1,735	$1.16 GNF10,169	-91.7%
Monthly membership at local gym	$87.35 ISK10,874	$89.25 GNF781K	+2.2%
Movie ticket to theater/cinema	$17.18 ISK2,139	$4.05 GNF35,442	-76.4%
Average			-58.6%

Reykjavik vs. Guinea - Cost of entertainment and sports

Improve prices · Change currency (USD)

pay 77.9% less for clothing

	Reykjavik	Guinea
Regular jeans Levi's brand	$145.10 ISK18,062	$20.00 GNF175K	-86.2%
Regular dress from H&M or similar store	$63.97 ISK7,963	$25.00 GNF219K	-60.9%
Running shoes Nike or Adidas	$193.43 ISK24,078	$30.00 GNF262K	-84.5%
Men's business shoes (leather)	$248.79 ISK30,970	$50.00 GNF437K	-79.9%
Average			-77.9%

Reykjavik vs. Guinea - Cost of clothing

Improve prices · Change currency (USD)

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: April 2026

More cost comparisons

Reykjavik vs.

Mexico City

Reykjavik vs.

Ottawa

Reykjavik vs.

Ankara

Reykjavik vs.

Cairo

Reykjavik vs.

Quito

Reykjavik vs.

Nairobi

Reykjavik vs.

Kiev

Reykjavik vs.

Hong Kong

Share this

Compare countries by overall cost of living

See the cost of living in Iceland vs. Guinea. This provides a comparison of the average cost of living from cities within Iceland and Guinea.

Help us improve these prices

MyLifeElsewhere is a collaborative project. Please enter price information for your location to help assist us in making these comparisons more accurate. Learn more

Add prices for Reykjavik

Add prices for Guinea

Ask the Elsewhere Community

Join the Elsewhere community and ask a question about Guinea or Reykjavik. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.