Cost of living comparison

Banjul, Gambia

compared to

Reykjavik, Iceland

Reykjavik vs. Banjul Cost of Living Summary

Reykjavik is 10.5 times more expensive than Banjul.

Restaurants: pay 2.8 times more in Reykjavik
Groceries: pay 3.0 times more in Reykjavik
Transportation: pay 8.3 times more in Reykjavik
Housing: pay 14.3 times more in Reykjavik
Childcare: pay 39.5 times more in Reykjavik
Entertainment and Sports: pay 4.0 times more in Reykjavik
Clothing: pay 70.7% more in Reykjavik

The cost of childcare, housing, transportation, entertainment and sports, groceries, and restaurants in Reykjavik are more expensive than in Banjul. Notably, childcare, housing, and transportation are significantly more expensive in Reykjavik.

Reykjavik vs. Banjul Cost Breakdown

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

Display currency: USD

pay 2.8 times more for restaurants

	Banjul	Reykjavik
Basic meal with drink at inexpensive restaurant	$4.96 GMD357.41	$20.00 ISK2,632	+302.9%
Fast food combo meal McDonalds, or similar	$6.29 GMD453.15	$18.02 ISK2,371	+186.3%
Bottle of Coca-Cola (11 fl. oz)	$1.66 GMD119.77	$3.15 ISK415	+89.6%
Bottle of water (11 fl. oz)	$0.95 GMD68.31	$2.19 ISK288	+130.4%
Average			+177.3%

Banjul vs. Reykjavik - Cost of restaurants

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pay 3.0 times more for groceries

	Banjul	Reykjavik
Bread 1 loaf	$0.65 GMD46.99	$3.61 ISK475	+453.2%
Local cheese (8 oz)	$3.15 GMD226.57	$7.76 ISK1,021	+146.5%
Milk (1 gallon)	$5.21 GMD374.84	$6.40 ISK843	+23.0%
Eggs 1 dozen	$1.99 GMD143.50	$5.76 ISK757	+188.8%
Boneless chicken breast (1 lb)	$1.27 GMD91.35	$9.45 ISK1,243	+644.6%
Apples (1 lb)	$0.95 GMD68.51	$1.40 ISK185	+47.4%
Bananas (1 lb)	$0.58 GMD41.87	$1.01 ISK133	+73.5%
Oranges (1 lb)	$0.85 GMD60.90	$1.22 ISK160	+43.9%
Tomatoes (1 lb)	$0.63 GMD45.68	$2.22 ISK293	+250.6%
Potatoes (1 lb)	$0.42 GMD30.45	$1.43 ISK189	+239.2%
Onions (1 lb)	$0.45 GMD32.73	$0.93 ISK123	+105.4%
Average			+201.5%

Banjul vs. Reykjavik - Cost of groceries

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pay 8.3 times more for transportation

	Banjul	Reykjavik
Gasoline (1 gallon)	$4.01 GMD288.86	$8.50 ISK1,119	+111.9%
Monthly public transit pass	$6.55 GMD471.60	$74.95 ISK9,863	+1044.4%
New Volkswagen Golf 1.4 (standard edition)	$2,727.27 GMD196,363.63	$42,450.45 ISK5,585,630	+1456.5%
Taxi trip in downtown area (5 miles)	$5.94 GMD427.97	$24.05 ISK3,165	+304.6%
Average			+729.4%

Banjul vs. Reykjavik - Cost of transportation

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pay 14.3 times more for housing

	Banjul	Reykjavik
Internet connection 50 mbps or faster, cable/dsl	$46.62 GMD3,356.64	$69.87 ISK9,193	+49.9%
1-Bedroom apartment in downtown area	$102.56 GMD7,384.32	$1,971.17 ISK259,367	+1822.0%
1-Bedroom apartment outside city center	$52.91 GMD3,809.79	$1,803.44 ISK237,297	+3308.3%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$24.06 GMD1,732.62	$53.95 ISK7,099	+124.2%
Average			+1326.1%

Banjul vs. Reykjavik - Cost of housing

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pay 39.5 times more for childcare

	Banjul	Reykjavik
Private preschool for 1 child, monthly	$6.99 GMD503.50	$252.14 ISK33,177	+3505.6%
Middle school for 1 child, two semesters	$139.86 GMD10,069.93	$5,993.99 ISK788,690	+4185.7%
Average			+3845.6%

Banjul vs. Reykjavik - Cost of childcare

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pay 4.0 times more for entertainment and sports

	Banjul	Reykjavik
Domestic/local beer (1 pint)	$3.32 GMD239.02	$10.81 ISK1,422	+225.7%
Cappuccino in mid-range area	$2.08 GMD149.95	$5.31 ISK698	+154.7%
Pack of cigarettes Marlboro or similar	$1.71 GMD123.36	$12.25 ISK1,611	+614.7%
Monthly membership at local gym	$24.48 GMD1,762.24	$69.95 ISK9,204	+185.8%
Movie ticket to theater/cinema	$3.50 GMD251.75	$14.77 ISK1,944	+322.6%
Average			+300.7%

Banjul vs. Reykjavik - Cost of entertainment and sports

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pay 70.7% more for clothing

	Banjul	Reykjavik
Regular jeans Levi's brand	$56.00 GMD4,032.00	$108.97 ISK14,339	+94.6%
Regular dress from H&M or similar store	$44.34 GMD3,192.48	$49.72 ISK6,542	+12.1%
Running shoes Nike or Adidas	$99.43 GMD7,158.96	$151.85 ISK19,981	+52.7%
Men's business shoes (leather)	$86.99 GMD6,263.28	$194.16 ISK25,547	+123.2%
Average			+70.7%

Banjul vs. Reykjavik - Cost of clothing

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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: April 2025

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