Cost of living comparison
Malabo is 24.2% cheaper than Reykjavik.
If you lived in Malabo instead of Reykjavik, you would:
pay 21.7% less for restaurants
Reykjavik
|
Malabo
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$18.40
ISK2,570
|
$13.41
FCFA8,168
|
|
Fast food combo meal
McDonalds, or similar
|
$15.62
ISK2,182
|
$20.95
FCFA12,763
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.53
ISK354
|
$1.12
FCFA681
|
|
Bottle of water (11 fl. oz) |
$2.03
ISK283
|
$1.26
FCFA766
|
|
pay 27.8% more for groceries
Reykjavik
|
Malabo
|
||
---|---|---|---|
Bread
1 loaf
|
$3.40
ISK475
|
$3.34
FCFA2,034
|
|
Local cheese (8 oz) |
$7.20
ISK1,005
|
?? | |
Milk (1 gallon) |
$5.90
ISK823
|
$8.88
FCFA5,411
|
|
Eggs
1 dozen
|
$5.64
ISK788
|
$2.01
FCFA1,225
|
|
Boneless chicken breast (1 lb) |
$8.08
ISK1,129
|
$2.28
FCFA1,389
|
|
Apples (1 lb) |
$1.57
ISK219
|
$2.66
FCFA1,621
|
|
Bananas (1 lb) |
$0.93
ISK130
|
$1.33
FCFA810
|
|
Oranges (1 lb) |
$1.23
ISK172
|
$1.90
FCFA1,158
|
|
Tomatoes (1 lb) |
$2.22
ISK309
|
$1.33
FCFA810
|
|
Potatoes (1 lb) |
$1.24
ISK174
|
$2.01
FCFA1,227
|
|
Onions (1 lb) |
$0.69
ISK96
|
$1.90
FCFA1,158
|
|
pay 51.2% less for transportation
Reykjavik
|
Malabo
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.90
ISK1,242
|
$3.11
FCFA1,894
|
|
Monthly public transit pass |
$65.56
ISK9,155
|
$58.66
FCFA35,735
|
|
New Volkswagen Golf 1.4 (standard edition) |
$37,150.35
ISK5,187,675
|
$16,761.01
FCFA10,210,042
|
|
Taxi trip in downtown area (5 miles) |
$29.44
ISK4,111
|
$7.54
FCFA4,595
|
|
pay 15.8% less for housing
Reykjavik
|
Malabo
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$64.04
ISK8,943
|
$167.61
FCFA102,100
|
|
1-Bedroom apartment in downtown area |
$1,613.16
ISK225,262
|
$209.51
FCFA127,626
|
|
1-Bedroom apartment outside city center |
$1,379.70
ISK192,661
|
$117.33
FCFA71,470
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.31
ISK9,679
|
$37.17
FCFA22,642
|
|
pay 78.4% less for childcare
Reykjavik
|
Malabo
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$282.44
ISK39,439
|
$67.04
FCFA40,840
|
|
Middle school for 1 child, two semesters |
$6,058.18
ISK845,964
|
$1,173.27
FCFA714,703
|
|
pay 38.5% less for entertainment and sports
Reykjavik
|
Malabo
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$9.47
ISK1,322
|
$0.84
FCFA510
|
|
Cappuccino in mid-range area |
$4.53
ISK632
|
$6.70
FCFA4,084
|
|
Pack of cigarettes
Marlboro or similar
|
$11.66
ISK1,628
|
$1.68
FCFA1,021
|
|
Monthly membership at local gym |
$67.30
ISK9,398
|
$50.28
FCFA30,630
|
|
Movie ticket to theater/cinema |
$13.66
ISK1,907
|
?? | |
pay 8.4% more for clothing
Reykjavik
|
Malabo
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$108.17
ISK15,104
|
$25.14
FCFA15,315
|
|
Regular dress
from H&M or similar store
|
$43.41
ISK6,062
|
$81.01
FCFA49,349
|
|
Running shoes
Nike or Adidas
|
$137.74
ISK19,234
|
$251.42
FCFA153,151
|
|
Men's business shoes (leather) |
$182.49
ISK25,483
|
$75.42
FCFA45,945
|
|
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