Cost of living comparison
Iceland is 2.4 times more expensive than Guinea.
If you lived in Iceland instead of Guinea, you would:
pay 2.0 times more for restaurants
|
Guinea
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$6.43
GNF55,594
|
$19.40
ISK2,670
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.77
GNF93,129
|
$16.94
ISK2,332
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.56
GNF13,499
|
$2.81
ISK387
|
|
| Bottle of water (11 fl. oz) |
$1.20
GNF10,372
|
$2.02
ISK278
|
|
pay 46.0% more for groceries
|
Guinea
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.32
GNF11,416
|
$2.95
ISK407
|
|
| Local cheese (8 oz) |
$9.28
GNF80,205
|
$7.27
ISK1,000
|
|
| Milk (1 gallon) |
$8.22
GNF71,019
|
$6.01
ISK827
|
|
|
Eggs
1 dozen
|
$2.80
GNF24,217
|
$5.42
ISK746
|
|
| Boneless chicken breast (1 lb) |
$2.83
GNF24,504
|
$8.51
ISK1,171
|
|
| Apples (1 lb) |
$1.35
GNF11,639
|
$1.22
ISK168
|
|
| Bananas (1 lb) |
$1.11
GNF9,555
|
$1.03
ISK141
|
|
| Oranges (1 lb) |
$0.92
GNF7,943
|
$1.17
ISK161
|
|
| Tomatoes (1 lb) |
$1.28
GNF11,092
|
$1.87
ISK258
|
|
| Potatoes (1 lb) |
$0.72
GNF6,239
|
$1.23
ISK170
|
|
| Onions (1 lb) |
$0.72
GNF6,239
|
$0.78
ISK108
|
|
pay 82.1% more for transportation
|
Guinea
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$5.09
GNF43,958
|
$8.36
ISK1,151
|
|
| Monthly public transit pass |
$28.49
GNF246,253
|
$71.28
ISK9,812
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$33,000.00
GNF285,235,707
|
$40,660.66
ISK5,596,940
|
|
| Taxi trip in downtown area (5 miles) |
$11.55
GNF99,832
|
$22.04
ISK3,033
|
|
pay 2.5 times more for housing
|
Guinea
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$80.91
GNF699,335
|
$72.17
ISK9,935
|
|
| 1-Bedroom apartment in downtown area |
$523.54
GNF4,525,215
|
$1,838.04
ISK253,006
|
|
| 1-Bedroom apartment outside city center |
$462.34
GNF3,996,199
|
$1,497.77
ISK206,168
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
?? |
$58.01
ISK7,986
|
|
pay 6.2% less for childcare
|
Guinea
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly | ?? |
$258.16
ISK35,536
|
|
| Middle school for 1 child, two semesters |
$6,389.60
GNF55,228,513
|
$5,993.99
ISK825,073
|
|
pay 4.1 times more for entertainment and sports
|
Guinea
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.37
GNF20,515
|
$9.19
ISK1,265
|
|
| Cappuccino in mid-range area |
$2.00
GNF17,287
|
$4.65
ISK640
|
|
|
Pack of cigarettes
Marlboro or similar
|
$1.16
GNF10,048
|
$11.76
ISK1,618
|
|
| Monthly membership at local gym |
$70.01
GNF605,152
|
$61.46
ISK8,460
|
|
| Movie ticket to theater/cinema |
$4.63
GNF40,048
|
$14.35
ISK1,975
|
|
pay 4.1 times more for clothing
|
Guinea
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$20.00
GNF172,870
|
$111.23
ISK15,311
|
|
|
Regular dress
from H&M or similar store
|
$25.00
GNF216,088
|
$59.69
ISK8,216
|
|
|
Running shoes
Nike or Adidas
|
$30.00
GNF259,305
|
$148.00
ISK20,372
|
|
| Men's business shoes (leather) |
$50.00
GNF432,175
|
$184.49
ISK25,396
|
|
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