Cost of living comparison
Iceland is 2.8 times more expensive than Guinea-Bissau overall.
- Restaurants
-
pay 2.3 times more in Iceland
- Groceries
-
pay 3.6 times more in Iceland
- Transportation
-
pay 2.3 times more in Iceland
- Housing
-
pay 3.3 times more in Iceland
- Childcare
-
pay 46.8% more in Iceland
- Entertainment and Sports
-
pay 5.0 times more in Iceland
- Clothing
-
pay 45.8% more in Iceland
The cost of entertainment and sports, groceries, housing, restaurants, transportation, and childcare in Iceland are more expensive than in Guinea-Bissau. Notably, entertainment and sports, groceries, and housing are significantly more expensive in Iceland.
If you lived in Iceland instead of Guinea-Bissau, you would:
pay 2.3 times more for restaurants
|
Guinea-Bissau
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$4.90
F CFA2,957
|
$19.40
ISK2,584
|
|
|
Fast food combo meal
McDonalds, or similar
|
$9.43
F CFA5,687
|
$16.94
ISK2,257
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.31
F CFA788
|
$2.81
ISK374
|
|
| Bottle of water (11 fl. oz) |
$1.63
F CFA986
|
$2.02
ISK269
|
|
pay 3.6 times more for groceries
|
Guinea-Bissau
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$0.90
F CFA543
|
$2.95
ISK394
|
|
| Local cheese (8 oz) |
$7.28
F CFA4,389
|
$7.27
ISK968
|
|
| Milk (1 gallon) |
$6.18
F CFA3,731
|
$6.01
ISK800
|
|
|
Eggs
1 dozen
|
$4.90
F CFA2,957
|
$5.42
ISK722
|
|
| Boneless chicken breast (1 lb) |
$5.93
F CFA3,576
|
$8.51
ISK1,133
|
|
| Apples (1 lb) |
$1.85
F CFA1,118
|
$1.22
ISK163
|
|
| Bananas (1 lb) |
$0.44
F CFA268
|
$1.03
ISK137
|
|
| Oranges (1 lb) |
$1.85
F CFA1,118
|
$1.17
ISK156
|
|
| Tomatoes (1 lb) |
$0.07
F CFA45
|
$1.87
ISK250
|
|
| Potatoes (1 lb) |
$0.59
F CFA358
|
$1.23
ISK164
|
|
| Onions (1 lb) |
$0.59
F CFA358
|
$0.78
ISK105
|
|
pay 2.3 times more for transportation
|
Guinea-Bissau
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.52
F CFA2,726
|
$8.36
ISK1,114
|
|
| Monthly public transit pass |
$25.57
F CFA15,425
|
$71.28
ISK9,494
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$32,027.10
F CFA19,318,955
|
$40,660.66
ISK5,416,000
|
|
| Taxi trip in downtown area (5 miles) |
$6.94
F CFA4,189
|
$22.04
ISK2,935
|
|
pay 3.3 times more for housing
|
Guinea-Bissau
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$45.27
F CFA27,306
|
$72.17
ISK9,614
|
|
| 1-Bedroom apartment in downtown area |
$433.95
F CFA261,764
|
$1,838.04
ISK244,827
|
|
| 1-Bedroom apartment outside city center |
$225.47
F CFA136,006
|
$1,497.77
ISK199,503
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$75.86
F CFA45,759
|
$58.01
ISK7,728
|
|
pay 46.8% more for childcare
|
Guinea-Bissau
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$765.65
F CFA461,844
|
$258.16
ISK34,388
|
|
| Middle school for 1 child, two semesters |
$2,307.50
F CFA1,391,901
|
$5,993.99
ISK798,400
|
|
pay 5.0 times more for entertainment and sports
|
Guinea-Bissau
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.55
F CFA936
|
$9.19
ISK1,224
|
|
| Cappuccino in mid-range area |
$2.04
F CFA1,232
|
$4.65
ISK619
|
|
|
Pack of cigarettes
Marlboro or similar
|
$1.63
F CFA986
|
$11.76
ISK1,566
|
|
| Monthly membership at local gym |
$57.19
F CFA34,495
|
$61.46
ISK8,186
|
|
| Movie ticket to theater/cinema |
$1.63
F CFA986
|
$14.35
ISK1,911
|
|
pay 45.8% more for clothing
|
Guinea-Bissau
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$89.86
F CFA54,207
|
$111.23
ISK14,816
|
|
|
Regular dress
from H&M or similar store
|
$57.19
F CFA34,495
|
$59.69
ISK7,951
|
|
|
Running shoes
Nike or Adidas
|
$81.69
F CFA49,279
|
$148.00
ISK19,713
|
|
| Men's business shoes (leather) |
$106.20
F CFA64,062
|
$184.49
ISK24,575
|
|
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