Cost of living comparison
Equatorial Guinea is 36.8% cheaper than Iceland.
If you lived in Equatorial Guinea instead of Iceland, you would:
pay 39.0% less for restaurants
|
Iceland
|
Equatorial Guinea
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.40
ISK2,670
|
$13.07
FCFA8,131
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.94
ISK2,332
|
$12.25
FCFA7,623
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.81
ISK387
|
$1.23
FCFA762
|
|
| Bottle of water (11 fl. oz) |
$2.02
ISK278
|
$1.23
FCFA762
|
|
pay 30.6% more for groceries
|
Iceland
|
Equatorial Guinea
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.95
ISK407
|
$3.24
FCFA2,017
|
|
| Local cheese (8 oz) |
$7.27
ISK1,000
|
$3.37
FCFA2,094
|
|
| Milk (1 gallon) |
$6.01
ISK827
|
$9.69
FCFA6,028
|
|
|
Eggs
1 dozen
|
$5.42
ISK746
|
$2.94
FCFA1,830
|
|
| Boneless chicken breast (1 lb) |
$8.51
ISK1,171
|
$3.10
FCFA1,928
|
|
| Apples (1 lb) |
$1.22
ISK168
|
$2.22
FCFA1,383
|
|
| Bananas (1 lb) |
$1.03
ISK141
|
$1.48
FCFA922
|
|
| Oranges (1 lb) |
$1.17
ISK161
|
$2.22
FCFA1,383
|
|
| Tomatoes (1 lb) |
$1.87
ISK258
|
$1.48
FCFA922
|
|
| Potatoes (1 lb) |
$1.23
ISK170
|
$1.85
FCFA1,153
|
|
| Onions (1 lb) |
$0.78
ISK108
|
$2.22
FCFA1,383
|
|
pay 52.9% less for transportation
|
Iceland
|
Equatorial Guinea
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.36
ISK1,151
|
$3.09
FCFA1,924
|
|
| Monthly public transit pass |
$71.28
ISK9,812
|
$26.38
FCFA16,410
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$40,660.66
ISK5,596,940
|
$33,034.81
FCFA20,550,441
|
|
| Taxi trip in downtown area (5 miles) |
$22.04
ISK3,033
|
$7.35
FCFA4,574
|
|
pay 71.7% less for housing
|
Iceland
|
Equatorial Guinea
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$72.17
ISK9,935
|
$16.34
FCFA10,164
|
|
| 1-Bedroom apartment in downtown area |
$1,838.04
ISK253,006
|
$204.24
FCFA127,052
|
|
| 1-Bedroom apartment outside city center |
$1,497.77
ISK206,168
|
$114.37
FCFA71,149
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$58.01
ISK7,986
|
$41.86
FCFA26,038
|
|
pay 84.6% less for childcare
|
Iceland
|
Equatorial Guinea
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$258.16
ISK35,536
|
$65.36
FCFA40,657
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK825,073
|
$326.78
FCFA203,284
|
|
pay 40.7% less for entertainment and sports
|
Iceland
|
Equatorial Guinea
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.19
ISK1,265
|
$1.63
FCFA1,016
|
|
| Cappuccino in mid-range area |
$4.65
ISK640
|
$5.72
FCFA3,557
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.76
ISK1,618
|
$4.52
FCFA2,811
|
|
| Monthly membership at local gym |
$61.46
ISK8,460
|
$49.02
FCFA30,493
|
|
| Movie ticket to theater/cinema |
$14.35
ISK1,975
|
$5.39
FCFA3,350
|
|
pay 0.7% more for clothing
|
Iceland
|
Equatorial Guinea
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$111.23
ISK15,311
|
$24.51
FCFA15,246
|
|
|
Regular dress
from H&M or similar store
|
$59.69
ISK8,216
|
$102.12
FCFA63,526
|
|
|
Running shoes
Nike or Adidas
|
$148.00
ISK20,372
|
$245.08
FCFA152,463
|
|
| Men's business shoes (leather) |
$184.49
ISK25,396
|
$81.69
FCFA50,821
|
|
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