Cost of living comparison
Ghana is 58.7% cheaper than Iceland overall.
- Restaurants
-
pay 78.8% less in Ghana
- Groceries
-
pay 34.7% less in Ghana
- Transportation
-
pay 61.0% less in Ghana
- Housing
-
pay 59.4% less in Ghana
- Childcare
-
pay 34.2% less in Ghana
- Entertainment and Sports
-
pay 65.1% less in Ghana
- Clothing
-
pay 78.0% less in Ghana
Expenses including restaurants, clothing, entertainment and sports, transportation, housing, and groceries are lower in Ghana.
If you lived in Ghana instead of Iceland, you would:
pay 78.8% less for restaurants
Iceland
|
Ghana
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$19.40
ISK2,508
|
$3.70
GHS56.61
|
|
Fast food combo meal
McDonalds, or similar
|
$16.94
ISK2,191
|
$5.51
GHS84.34
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.81
ISK363
|
$0.59
GHS9.10
|
|
Bottle of water (11 fl. oz) |
$2.02
ISK261
|
$0.25
GHS3.76
|
|
pay 34.7% less for groceries
Iceland
|
Ghana
|
||
---|---|---|---|
Bread
1 loaf
|
$2.95
ISK382
|
$1.52
GHS23.29
|
|
Local cheese (8 oz) |
$7.27
ISK939
|
$3.18
GHS48.65
|
|
Milk (1 gallon) |
$6.01
ISK777
|
$8.96
GHS137.20
|
|
Eggs
1 dozen
|
$5.42
ISK701
|
$2.21
GHS33.76
|
|
Boneless chicken breast (1 lb) |
$8.51
ISK1,100
|
$2.08
GHS31.84
|
|
Apples (1 lb) |
$1.22
ISK158
|
$1.01
GHS15.48
|
|
Bananas (1 lb) |
$1.03
ISK133
|
$0.48
GHS7.41
|
|
Oranges (1 lb) |
$1.17
ISK151
|
$0.59
GHS9.10
|
|
Tomatoes (1 lb) |
$1.87
ISK242
|
$1.04
GHS15.94
|
|
Potatoes (1 lb) |
$1.23
ISK160
|
$0.98
GHS15.00
|
|
Onions (1 lb) |
$0.78
ISK101
|
$0.73
GHS11.22
|
|
pay 61.0% less for transportation
Iceland
|
Ghana
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.36
ISK1,081
|
$4.23
GHS64.79
|
|
Monthly public transit pass |
$71.28
ISK9,217
|
$26.38
GHS403.90
|
|
New Volkswagen Golf 1.4 (standard edition) |
$40,660.66
ISK5,257,830
|
$8,000.00
GHS122,480.00
|
|
Taxi trip in downtown area (5 miles) |
$22.04
ISK2,850
|
$10.74
GHS164.40
|
|
pay 59.4% less for housing
Iceland
|
Ghana
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$72.17
ISK9,333
|
$43.21
GHS661.56
|
|
1-Bedroom apartment in downtown area |
$1,838.04
ISK237,677
|
$627.15
GHS9,601.63
|
|
1-Bedroom apartment outside city center |
$1,497.77
ISK193,677
|
$112.15
GHS1,717.06
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$58.01
ISK7,502
|
$35.41
GHS542.17
|
|
pay 34.2% less for childcare
Iceland
|
Ghana
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$258.16
ISK33,383
|
$57.02
GHS872.91
|
|
Middle school for 1 child, two semesters |
$5,993.99
ISK775,083
|
$6,571.37
GHS100,607.62
|
|
pay 65.1% less for entertainment and sports
Iceland
|
Ghana
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$9.19
ISK1,188
|
$0.95
GHS14.51
|
|
Cappuccino in mid-range area |
$4.65
ISK601
|
$1.69
GHS25.80
|
|
Pack of cigarettes
Marlboro or similar
|
$11.76
ISK1,520
|
$1.20
GHS18.32
|
|
Monthly membership at local gym |
$61.46
ISK7,947
|
$32.36
GHS495.37
|
|
Movie ticket to theater/cinema |
$14.35
ISK1,855
|
$9.33
GHS142.86
|
|
pay 78.0% less for clothing
Iceland
|
Ghana
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$111.23
ISK14,383
|
$14.87
GHS227.74
|
|
Regular dress
from H&M or similar store
|
$59.69
ISK7,718
|
$20.10
GHS307.76
|
|
Running shoes
Nike or Adidas
|
$148.00
ISK19,138
|
$32.71
GHS500.75
|
|
Men's business shoes (leather) |
$184.49
ISK23,857
|
$34.57
GHS529.20
|
|
Change currency:
Help us improve these prices
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Ghana or Iceland. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.