Cost of living comparison

 Kumasi, Ghana
compared to
 Reykjavik, Iceland
Reykjavik vs. Kumasi Cost of Living Summary

Reykjavik is 4.5 times more expensive than Kumasi.

Restaurants
pay 7.7 times more in Reykjavik
Groceries
pay 2.5 times more in Reykjavik
Transportation
pay 3.4 times more in Reykjavik
Housing
pay 69.8% more in Reykjavik
Childcare
pay 2.8 times more in Reykjavik
Entertainment and Sports
pay 8.6 times more in Reykjavik
Clothing
pay 5.0 times more in Reykjavik

The cost of entertainment and sports, restaurants, clothing, transportation, childcare, and groceries in Reykjavik are more expensive than in Kumasi. Notably, entertainment and sports, restaurants, and clothing are significantly more expensive in Reykjavik.

Reykjavik vs. Kumasi Cost Breakdown

If you lived in Reykjavik instead of Kumasi, you would:

pay 7.7 times more for restaurants

 
Kumasi
Reykjavik
Basic meal with drink at inexpensive restaurant $2.58
GHS26.83
$20.00
ISK2,436
Fast food combo meal
McDonalds, or similar
$3.64
GHS37.89
$18.02
ISK2,195
Bottle of Coca-Cola (11 fl. oz) $0.45
GHS4.65
$3.15
ISK384

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pay 2.5 times more for groceries

 
Kumasi
Reykjavik
Bread
1 loaf
$1.52
GHS15.82
$3.61
ISK440
Local cheese (8 oz) $2.90
GHS30.12
$7.76
ISK945
Milk (1 gallon) $6.62
GHS68.82
$6.40
ISK780

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pay 3.4 times more for transportation

 
Kumasi
Reykjavik
Gasoline (1 gallon) $4.12
GHS42.88
$8.50
ISK1,036
Monthly public transit pass $19.80
GHS205.91
$74.95
ISK9,130
New Volkswagen Golf 1.4 (standard edition) $8,000.00
GHS83,200.00
$42,450.45
ISK5,170,889

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pay 69.8% more for housing

 
Kumasi
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$42.02
GHS437.06
$69.87
ISK8,510
1-Bedroom apartment in downtown area ?? $1,971.17
ISK240,108
1-Bedroom apartment outside city center ?? $1,803.44
ISK219,677

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pay 2.8 times more for childcare

 
Kumasi
Reykjavik
Private preschool for 1 child, monthly $57.02
GHS592.96
$252.14
ISK30,713
Middle school for 1 child, two semesters $5,487.00
GHS57,064.80
$5,993.99
ISK730,128

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pay 8.6 times more for entertainment and sports

 
Kumasi
Reykjavik
Domestic/local beer (1 pint) $0.69
GHS7.17
$10.81
ISK1,317
Cappuccino in mid-range area $0.62
GHS6.43
$5.31
ISK646
Pack of cigarettes
Marlboro or similar
$0.82
GHS8.58
$12.25
ISK1,492

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pay 5.0 times more for clothing

 
Kumasi
Reykjavik
Regular jeans
Levi's brand
$14.87
GHS154.70
$108.97
ISK13,274
Regular dress
from H&M or similar store
$20.10
GHS209.06
$49.72
ISK6,056
Running shoes
Nike or Adidas
$32.71
GHS340.16
$151.85
ISK18,497

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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: July 2025
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