Cost of living comparison
Reykjavik is 3.2 times more expensive than Abuja.
If you lived in Reykjavik instead of Abuja, you would:
pay 5.9 times more for restaurants
|
Abuja
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$3.29
NGN5,089.97
|
$20.00
ISK2,783
|
|
|
Fast food combo meal
McDonalds, or similar
|
$5.58
NGN8,621.28
|
$18.02
ISK2,507
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.50
NGN768.06
|
$3.15
ISK439
|
|
| Bottle of water (11 fl. oz) |
$0.28
NGN427.22
|
$2.19
ISK304
|
|
pay 2.6 times more for groceries
|
Abuja
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.33
NGN2,062.04
|
$3.61
ISK502
|
|
| Local cheese (8 oz) |
$1.25
NGN1,931.51
|
$7.76
ISK1,079
|
|
| Milk (1 gallon) |
$10.91
NGN16,852.02
|
$6.40
ISK891
|
|
|
Eggs
1 dozen
|
$1.56
NGN2,412.47
|
$5.76
ISK801
|
|
| Boneless chicken breast (1 lb) |
$1.88
NGN2,909.70
|
$9.45
ISK1,314
|
|
| Apples (1 lb) |
$1.50
NGN2,323.28
|
$1.40
ISK195
|
|
| Bananas (1 lb) |
$0.75
NGN1,159.04
|
$1.01
ISK140
|
|
| Oranges (1 lb) |
$0.82
NGN1,259.58
|
$1.22
ISK169
|
|
| Tomatoes (1 lb) |
$0.74
NGN1,144.81
|
$2.22
ISK309
|
|
| Potatoes (1 lb) |
$0.66
NGN1,025.13
|
$1.43
ISK200
|
|
| Onions (1 lb) |
$0.64
NGN983.41
|
$0.93
ISK130
|
|
pay 2.8 times more for transportation
|
Abuja
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$2.92
NGN4,508.36
|
$8.50
ISK1,183
|
|
| Monthly public transit pass | ?? |
$74.95
ISK10,428
|
|
| New Volkswagen Golf 1.4 (standard edition) | ?? |
$42,450.45
ISK5,906,131
|
|
| Taxi trip in downtown area (5 miles) |
$9.29
NGN14,348.02
|
$24.05
ISK3,346
|
|
pay 58.5% more for housing
|
Abuja
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$41.56
NGN64,219.94
|
$69.87
ISK9,720
|
|
| 1-Bedroom apartment in downtown area |
$2,461.96
NGN3,804,247.57
|
$1,971.17
ISK274,249
|
|
| 1-Bedroom apartment outside city center |
$1,158.05
NGN1,789,433.75
|
$1,803.44
ISK250,913
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$23.44
NGN36,218.47
|
$53.95
ISK7,507
|
|
pay 2.5 times more for childcare
|
Abuja
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$133.90
NGN206,910.71
|
$252.14
ISK35,080
|
|
| Middle school for 1 child, two semesters |
$1,965.88
NGN3,037,692.10
|
$5,993.99
ISK833,944
|
|
pay 4.3 times more for entertainment and sports
|
Abuja
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.20
NGN1,847.50
|
$10.81
ISK1,504
|
|
| Cappuccino in mid-range area |
$1.64
NGN2,540.49
|
$5.31
ISK738
|
|
|
Pack of cigarettes
Marlboro or similar
|
$2.00
NGN3,090.42
|
$12.25
ISK1,704
|
|
| Monthly membership at local gym |
$44.84
NGN69,281.07
|
$69.95
ISK9,732
|
|
| Movie ticket to theater/cinema |
$8.35
NGN12,907.10
|
$14.77
ISK2,056
|
|
pay 2.5 times more for clothing
|
Abuja
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$29.79
NGN46,029.23
|
$108.97
ISK15,161
|
|
|
Regular dress
from H&M or similar store
|
$28.76
NGN44,446.26
|
$49.72
ISK6,918
|
|
|
Running shoes
Nike or Adidas
|
$68.91
NGN106,476.89
|
$151.85
ISK21,127
|
|
| Men's business shoes (leather) |
$85.63
NGN132,315.62
|
$194.16
ISK27,013
|
|
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