Cost of living comparison

 Iceland
compared to
 Guyana
Guyana vs. Iceland Cost of Living Summary

Guyana is 5.8% more expensive than Iceland overall.

Restaurants
pay 52.5% less in Guyana
Groceries
pay 3.0% more in Guyana
Transportation
pay 35.5% less in Guyana
Housing
pay 39.4% less in Guyana
Childcare
pay 3.6 times more in Guyana
Entertainment and Sports
pay 54.0% less in Guyana
Clothing
pay 44.5% less in Guyana

The cost of childcare and groceries in Guyana are more expensive than in Iceland. Expenses including entertainment and sports, restaurants, clothing, housing, and transportation are lower in Guyana. Notably, childcare is significantly more expensive in Guyana.

Guyana vs. Iceland Cost Breakdown

If you lived in Guyana instead of Iceland, you would:

pay 52.5% less for restaurants

 
Iceland
Guyana
Basic meal with drink at inexpensive restaurant $19.40
ISK2,552
$11.88
GYD2,485.15
Fast food combo meal
McDonalds, or similar
$16.94
ISK2,229
$8.55
GYD1,789.31
Bottle of Coca-Cola (11 fl. oz) $2.81
ISK370
$1.21
GYD253.49

Improve prices ·

pay 3.0% more for groceries

 
Iceland
Guyana
Bread
1 loaf
$2.95
ISK389
$2.01
GYD419.64
Local cheese (8 oz) $7.27
ISK956
$5.36
GYD1,120.57
Milk (1 gallon) $6.01
ISK790
$12.31
GYD2,575.63

Improve prices ·

pay 35.5% less for transportation

 
Iceland
Guyana
Gasoline (1 gallon) $8.36
ISK1,100
$4.00
GYD837.25
Monthly public transit pass $71.28
ISK9,379
$28.51
GYD5,964.36
New Volkswagen Golf 1.4 (standard edition) $40,660.66
ISK5,350,130
$15,680.67
GYD3,280,399.72

Improve prices ·

pay 39.4% less for housing

 
Iceland
Guyana
Internet connection
50 mbps or faster, cable/dsl
$72.17
ISK9,497
$61.18
GYD12,798.53
1-Bedroom apartment in downtown area $1,838.04
ISK241,849
$617.07
GYD129,092.03
1-Bedroom apartment outside city center $1,497.77
ISK197,077
$281.14
GYD58,815.25

Improve prices ·

pay 3.6 times more for childcare

 
Iceland
Guyana
Private preschool for 1 child, monthly $258.16
ISK33,969
$876.83
GYD183,433.36
Middle school for 1 child, two semesters $5,993.99
ISK788,690
$23,225.94
GYD4,858,873.77

Improve prices ·

pay 54.0% less for entertainment and sports

 
Iceland
Guyana
Domestic/local beer (1 pint) $9.19
ISK1,209
$2.14
GYD447.33
Cappuccino in mid-range area $4.65
ISK612
$3.88
GYD811.82
Pack of cigarettes
Marlboro or similar
$11.76
ISK1,547
$2.19
GYD457.27

Improve prices ·

pay 44.5% less for clothing

 
Iceland
Guyana
Regular jeans
Levi's brand
$111.23
ISK14,636
$38.01
GYD7,952.48
Regular dress
from H&M or similar store
$59.69
ISK7,854
$52.27
GYD10,934.67
Running shoes
Nike or Adidas
$148.00
ISK19,474
$83.63
GYD17,495.47

Improve prices ·
The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: April 2025
Share this

Compare by city

Select a city in Iceland
Select a city..
compared to
Select a city in Guyana
Select a city..
For example, try comparing the cost of living in Reykjavik vs. Georgetown

Help us improve these prices

MyLifeElsewhere is a collaborative project. Please enter price information for your location to help assist us in making these comparisons more accurate. Learn more

ASK THE ELSEWHERE COMMUNITY

Join the Elsewhere community and ask a question about Guyana or Iceland. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.