Cost of living comparison
Iceland is 4.0 times more expensive than Equatorial Guinea.
If you lived in Iceland instead of Equatorial Guinea, you would:
pay 70.3% more for restaurants
|
Equatorial Guinea
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$13.07
FCFA8,221
|
$19.40
ISK2,699
|
|
|
Fast food combo meal
McDonalds, or similar
|
$12.25
FCFA7,707
|
$16.94
ISK2,357
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.23
FCFA771
|
$2.81
ISK391
|
|
| Bottle of water (11 fl. oz) |
$1.23
FCFA771
|
$2.02
ISK281
|
|
pay 12.1% more for groceries
|
Equatorial Guinea
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.24
FCFA2,039
|
$2.95
ISK411
|
|
| Local cheese (8 oz) |
$3.37
FCFA2,117
|
$7.27
ISK1,011
|
|
| Milk (1 gallon) |
$9.69
FCFA6,094
|
$6.01
ISK836
|
|
|
Eggs
1 dozen
|
$2.94
FCFA1,850
|
$5.42
ISK754
|
|
| Boneless chicken breast (1 lb) |
$3.10
FCFA1,949
|
$8.51
ISK1,184
|
|
| Apples (1 lb) |
$2.22
FCFA1,398
|
$1.22
ISK170
|
|
| Bananas (1 lb) |
$1.48
FCFA932
|
$1.03
ISK143
|
|
| Oranges (1 lb) |
$2.22
FCFA1,398
|
$1.17
ISK163
|
|
| Tomatoes (1 lb) |
$1.48
FCFA932
|
$1.87
ISK261
|
|
| Potatoes (1 lb) |
$1.85
FCFA1,165
|
$1.23
ISK172
|
|
| Onions (1 lb) |
$2.22
FCFA1,398
|
$0.78
ISK109
|
|
pay 2.4 times more for transportation
|
Equatorial Guinea
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.09
FCFA1,945
|
$8.36
ISK1,163
|
|
| Monthly public transit pass |
$26.38
FCFA16,590
|
$71.28
ISK9,917
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$33,034.81
FCFA20,776,043
|
$40,660.66
ISK5,657,118
|
|
| Taxi trip in downtown area (5 miles) |
$7.35
FCFA4,624
|
$22.04
ISK3,066
|
|
pay 7.0 times more for housing
|
Equatorial Guinea
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$16.34
FCFA10,276
|
$72.17
ISK10,042
|
|
| 1-Bedroom apartment in downtown area |
$204.24
FCFA128,447
|
$1,838.04
ISK255,726
|
|
| 1-Bedroom apartment outside city center |
$114.37
FCFA71,930
|
$1,497.77
ISK208,385
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$41.86
FCFA26,324
|
$58.01
ISK8,072
|
|
pay 11.1 times more for childcare
|
Equatorial Guinea
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$65.36
FCFA41,103
|
$258.16
ISK35,918
|
|
| Middle school for 1 child, two semesters |
$326.78
FCFA205,515
|
$5,993.99
ISK833,944
|
|
pay 2.6 times more for entertainment and sports
|
Equatorial Guinea
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.63
FCFA1,028
|
$9.19
ISK1,278
|
|
| Cappuccino in mid-range area |
$5.72
FCFA3,597
|
$4.65
ISK647
|
|
|
Pack of cigarettes
Marlboro or similar
|
$4.52
FCFA2,841
|
$11.76
ISK1,636
|
|
| Monthly membership at local gym |
$49.02
FCFA30,827
|
$61.46
ISK8,551
|
|
| Movie ticket to theater/cinema |
$5.39
FCFA3,387
|
$14.35
ISK1,996
|
|
pay 99.6% more for clothing
|
Equatorial Guinea
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$24.51
FCFA15,414
|
$111.23
ISK15,476
|
|
|
Regular dress
from H&M or similar store
|
$102.12
FCFA64,224
|
$59.69
ISK8,305
|
|
|
Running shoes
Nike or Adidas
|
$245.08
FCFA154,137
|
$148.00
ISK20,591
|
|
| Men's business shoes (leather) |
$81.69
FCFA51,379
|
$184.49
ISK25,669
|
|
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