Cost of living comparison
Reykjavik is 10.5 times more expensive than Banjul.
If you lived in Reykjavik instead of Banjul, you would:
pay 2.8 times more for restaurants
Banjul
|
Reykjavik
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$4.96
GMD352.45
|
$20.00
ISK2,753
|
|
Fast food combo meal
McDonalds, or similar
|
$6.29
GMD446.85
|
$18.02
ISK2,480
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.66
GMD118.10
|
$3.15
ISK434
|
|
Bottle of water (11 fl. oz) |
$0.95
GMD67.36
|
$2.19
ISK301
|
|
pay 3.0 times more for groceries
Banjul
|
Reykjavik
|
||
---|---|---|---|
Bread
1 loaf
|
$0.65
GMD46.34
|
$3.61
ISK497
|
|
Local cheese (8 oz) |
$3.15
GMD223.43
|
$7.76
ISK1,068
|
|
Milk (1 gallon) |
$5.21
GMD369.63
|
$6.40
ISK882
|
|
Eggs
1 dozen
|
$1.99
GMD141.50
|
$5.76
ISK792
|
|
Boneless chicken breast (1 lb) |
$1.27
GMD90.08
|
$9.45
ISK1,300
|
|
Apples (1 lb) |
$0.95
GMD67.56
|
$1.40
ISK193
|
|
Bananas (1 lb) |
$0.58
GMD41.29
|
$1.01
ISK139
|
|
Oranges (1 lb) |
$0.85
GMD60.06
|
$1.22
ISK168
|
|
Tomatoes (1 lb) |
$0.63
GMD45.04
|
$2.22
ISK306
|
|
Potatoes (1 lb) |
$0.42
GMD30.03
|
$1.43
ISK197
|
|
Onions (1 lb) |
$0.45
GMD32.28
|
$0.93
ISK129
|
|
pay 8.3 times more for transportation
Banjul
|
Reykjavik
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.01
GMD284.85
|
$8.50
ISK1,170
|
|
Monthly public transit pass |
$6.55
GMD465.05
|
$74.95
ISK10,318
|
|
New Volkswagen Golf 1.4 (standard edition) |
$2,727.27
GMD193,636.36
|
$42,450.45
ISK5,843,304
|
|
Taxi trip in downtown area (5 miles) |
$5.94
GMD422.03
|
$24.05
ISK3,311
|
|
pay 14.3 times more for housing
Banjul
|
Reykjavik
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$46.62
GMD3,310.02
|
$69.87
ISK9,617
|
|
1-Bedroom apartment in downtown area |
$102.56
GMD7,281.76
|
$1,971.17
ISK271,332
|
|
1-Bedroom apartment outside city center |
$52.91
GMD3,756.88
|
$1,803.44
ISK248,243
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$24.06
GMD1,708.56
|
$53.95
ISK7,427
|
|
pay 39.5 times more for childcare
Banjul
|
Reykjavik
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$6.99
GMD496.50
|
$252.14
ISK34,707
|
|
Middle school for 1 child, two semesters |
$139.86
GMD9,930.07
|
$5,993.99
ISK825,073
|
|
pay 4.0 times more for entertainment and sports
Banjul
|
Reykjavik
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$3.32
GMD235.70
|
$10.81
ISK1,488
|
|
Cappuccino in mid-range area |
$2.08
GMD147.87
|
$5.31
ISK730
|
|
Pack of cigarettes
Marlboro or similar
|
$1.71
GMD121.64
|
$12.25
ISK1,686
|
|
Monthly membership at local gym |
$24.48
GMD1,737.76
|
$69.95
ISK9,628
|
|
Movie ticket to theater/cinema |
$3.50
GMD248.25
|
$14.77
ISK2,034
|
|
pay 70.7% more for clothing
Banjul
|
Reykjavik
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$56.00
GMD3,976.00
|
$108.97
ISK15,000
|
|
Regular dress
from H&M or similar store
|
$44.34
GMD3,148.14
|
$49.72
ISK6,844
|
|
Running shoes
Nike or Adidas
|
$99.43
GMD7,059.53
|
$151.85
ISK20,903
|
|
Men's business shoes (leather) |
$86.99
GMD6,176.29
|
$194.16
ISK26,726
|
|
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