Cost of living comparison
Mali is 44.9% cheaper than Iceland overall.
- Restaurants
-
pay 67.8% less in Mali
- Groceries
-
pay 24.2% less in Mali
- Transportation
-
pay 34.4% less in Mali
- Housing
-
pay 42.8% less in Mali
- Entertainment and Sports
-
pay 55.2% less in Mali
Expenses including restaurants, entertainment and sports, housing, transportation, and groceries are lower in Mali.
If you lived in Mali instead of Iceland, you would:
pay 67.8% less for restaurants
|
Iceland
|
Mali
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.40
ISK2,508
|
$6.70
F CFA3,891
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.94
ISK2,191
|
$6.42
F CFA3,728
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.81
ISK363
|
$0.77
F CFA448
|
|
| Bottle of water (11 fl. oz) |
$2.02
ISK261
|
$0.58
F CFA336
|
|
pay 24.2% less for groceries
|
Iceland
|
Mali
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.95
ISK382
|
$1.10
F CFA640
|
|
| Local cheese (8 oz) |
$7.27
ISK939
|
?? | |
| Milk (1 gallon) |
$6.01
ISK777
|
$9.46
F CFA5,492
|
|
|
Eggs
1 dozen
|
$5.42
ISK701
|
$3.13
F CFA1,815
|
|
| Boneless chicken breast (1 lb) |
$8.51
ISK1,100
|
$6.00
F CFA3,482
|
|
| Apples (1 lb) |
$1.22
ISK158
|
?? | |
| Bananas (1 lb) |
$1.03
ISK133
|
$0.50
F CFA290
|
|
| Oranges (1 lb) |
$1.17
ISK151
|
$1.00
F CFA580
|
|
| Tomatoes (1 lb) |
$1.87
ISK242
|
$1.00
F CFA580
|
|
| Potatoes (1 lb) |
$1.23
ISK160
|
?? | |
| Onions (1 lb) |
$0.78
ISK101
|
$0.75
F CFA435
|
|
pay 34.4% less for transportation
|
Iceland
|
Mali
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.36
ISK1,081
|
$5.48
F CFA3,182
|
|
| Monthly public transit pass |
$71.28
ISK9,217
|
?? | |
| New Volkswagen Golf 1.4 (standard edition) |
$40,660.66
ISK5,257,830
|
?? | |
| Taxi trip in downtown area (5 miles) |
$22.04
ISK2,850
|
?? | |
pay 42.8% less for housing
|
Iceland
|
Mali
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$72.17
ISK9,333
|
$41.27
F CFA23,950
|
|
| 1-Bedroom apartment in downtown area |
$1,838.04
ISK237,677
|
?? | |
| 1-Bedroom apartment outside city center |
$1,497.77
ISK193,677
|
?? | |
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$58.01
ISK7,502
|
?? | |
pay (unknown) more for childcare
|
Iceland
|
Mali
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$258.16
ISK33,383
|
?? | |
| Middle school for 1 child, two semesters |
$5,993.99
ISK775,083
|
?? |
pay 55.2% less for entertainment and sports
|
Iceland
|
Mali
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.19
ISK1,188
|
$2.39
F CFA1,385
|
|
| Cappuccino in mid-range area |
$4.65
ISK601
|
$1.89
F CFA1,097
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.76
ISK1,520
|
$0.93
F CFA542
|
|
| Monthly membership at local gym |
$61.46
ISK7,947
|
$67.41
F CFA39,124
|
|
| Movie ticket to theater/cinema |
$14.35
ISK1,855
|
$5.67
F CFA3,292
|
|
pay (unknown) more for clothing
|
Iceland
|
Mali
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$111.23
ISK14,383
|
?? | |
|
Regular dress
from H&M or similar store
|
$59.69
ISK7,718
|
?? | |
|
Running shoes
Nike or Adidas
|
$148.00
ISK19,138
|
?? | |
| Men's business shoes (leather) |
$184.49
ISK23,857
|
?? |
Change currency:
Help us improve these prices
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Mali or Iceland. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.