Cost of living comparison
Iceland is 2.8 times more expensive than Guinea-Bissau.
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 CFA3,086
|
$19.40
ISK2,709
|
|
|
Fast food combo meal
McDonalds, or similar
|
$9.43
F CFA5,936
|
$16.94
ISK2,366
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.31
F CFA823
|
$2.81
ISK393
|
|
| Bottle of water (11 fl. oz) |
$1.63
F CFA1,029
|
$2.02
ISK282
|
|
pay 3.6 times more for groceries
|
Guinea-Bissau
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$0.90
F CFA567
|
$2.95
ISK413
|
|
| Local cheese (8 oz) |
$7.28
F CFA4,581
|
$7.27
ISK1,015
|
|
| Milk (1 gallon) |
$6.18
F CFA3,894
|
$6.01
ISK839
|
|
|
Eggs
1 dozen
|
$4.90
F CFA3,086
|
$5.42
ISK757
|
|
| Boneless chicken breast (1 lb) |
$5.93
F CFA3,733
|
$8.51
ISK1,188
|
|
| Apples (1 lb) |
$1.85
F CFA1,167
|
$1.22
ISK171
|
|
| Bananas (1 lb) |
$0.44
F CFA280
|
$1.03
ISK143
|
|
| Oranges (1 lb) |
$1.85
F CFA1,167
|
$1.17
ISK164
|
|
| Tomatoes (1 lb) |
$0.07
F CFA47
|
$1.87
ISK262
|
|
| Potatoes (1 lb) |
$0.59
F CFA373
|
$1.23
ISK172
|
|
| Onions (1 lb) |
$0.59
F CFA373
|
$0.78
ISK110
|
|
pay 2.3 times more for transportation
|
Guinea-Bissau
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.52
F CFA2,845
|
$8.36
ISK1,168
|
|
| Monthly public transit pass |
$25.57
F CFA16,101
|
$71.28
ISK9,956
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$32,027.10
F CFA20,165,481
|
$40,660.66
ISK5,679,481
|
|
| Taxi trip in downtown area (5 miles) |
$6.94
F CFA4,372
|
$22.04
ISK3,078
|
|
pay 3.3 times more for housing
|
Guinea-Bissau
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$45.27
F CFA28,503
|
$72.17
ISK10,081
|
|
| 1-Bedroom apartment in downtown area |
$433.95
F CFA273,234
|
$1,838.04
ISK256,737
|
|
| 1-Bedroom apartment outside city center |
$225.47
F CFA141,965
|
$1,497.77
ISK209,209
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$75.86
F CFA47,764
|
$58.01
ISK8,103
|
|
pay 46.8% more for childcare
|
Guinea-Bissau
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$765.65
F CFA482,081
|
$258.16
ISK36,060
|
|
| Middle school for 1 child, two semesters |
$2,307.50
F CFA1,452,891
|
$5,993.99
ISK837,241
|
|
pay 5.0 times more for entertainment and sports
|
Guinea-Bissau
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.55
F CFA977
|
$9.19
ISK1,283
|
|
| Cappuccino in mid-range area |
$2.04
F CFA1,286
|
$4.65
ISK649
|
|
|
Pack of cigarettes
Marlboro or similar
|
$1.63
F CFA1,029
|
$11.76
ISK1,642
|
|
| Monthly membership at local gym |
$57.19
F CFA36,007
|
$61.46
ISK8,585
|
|
| Movie ticket to theater/cinema |
$1.63
F CFA1,029
|
$14.35
ISK2,004
|
|
pay 45.8% more for clothing
|
Guinea-Bissau
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$89.86
F CFA56,582
|
$111.23
ISK15,537
|
|
|
Regular dress
from H&M or similar store
|
$57.19
F CFA36,007
|
$59.69
ISK8,337
|
|
|
Running shoes
Nike or Adidas
|
$81.69
F CFA51,438
|
$148.00
ISK20,673
|
|
| Men's business shoes (leather) |
$106.20
F CFA66,869
|
$184.49
ISK25,770
|
|
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