Cost of living comparison
Iceland is 2.5 times more expensive than Mali.
If you lived in Iceland instead of Mali, you would:
pay 3.2 times more for restaurants
|
Mali
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$6.70
F CFA4,216
|
$19.40
ISK2,699
|
|
|
Fast food combo meal
McDonalds, or similar
|
$6.42
F CFA4,040
|
$16.94
ISK2,357
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.77
F CFA486
|
$2.81
ISK391
|
|
| Bottle of water (11 fl. oz) |
$0.58
F CFA365
|
$2.02
ISK281
|
|
pay 57.6% more for groceries
|
Mali
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.10
F CFA693
|
$2.95
ISK411
|
|
| Local cheese (8 oz) | ?? |
$7.27
ISK1,011
|
|
| Milk (1 gallon) |
$9.46
F CFA5,952
|
$6.01
ISK836
|
|
|
Eggs
1 dozen
|
$3.13
F CFA1,966
|
$5.42
ISK754
|
|
| Boneless chicken breast (1 lb) |
$6.00
F CFA3,773
|
$8.51
ISK1,184
|
|
| Apples (1 lb) | ?? |
$1.22
ISK170
|
|
| Bananas (1 lb) |
$0.50
F CFA314
|
$1.03
ISK143
|
|
| Oranges (1 lb) |
$1.00
F CFA629
|
$1.17
ISK163
|
|
| Tomatoes (1 lb) |
$1.00
F CFA629
|
$1.87
ISK261
|
|
| Potatoes (1 lb) | ?? |
$1.23
ISK172
|
|
| Onions (1 lb) |
$0.75
F CFA472
|
$0.78
ISK109
|
|
pay 52.5% more for transportation
|
Mali
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$5.48
F CFA3,449
|
$8.36
ISK1,163
|
|
| Monthly public transit pass | ?? |
$71.28
ISK9,917
|
|
| New Volkswagen Golf 1.4 (standard edition) | ?? |
$40,660.66
ISK5,657,118
|
|
| Taxi trip in downtown area (5 miles) | ?? |
$22.04
ISK3,066
|
|
pay 74.9% more for housing
|
Mali
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$41.27
F CFA25,954
|
$72.17
ISK10,042
|
|
| 1-Bedroom apartment in downtown area | ?? |
$1,838.04
ISK255,726
|
|
| 1-Bedroom apartment outside city center | ?? |
$1,497.77
ISK208,385
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
?? |
$58.01
ISK8,072
|
|
pay (unknown) more for childcare
|
Mali
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly | ?? |
$258.16
ISK35,918
|
|
| Middle school for 1 child, two semesters | ?? |
$5,993.99
ISK833,944
|
pay 4.5 times more for entertainment and sports
|
Mali
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.39
F CFA1,501
|
$9.19
ISK1,278
|
|
| Cappuccino in mid-range area |
$1.89
F CFA1,188
|
$4.65
ISK647
|
|
|
Pack of cigarettes
Marlboro or similar
|
$0.93
F CFA587
|
$11.76
ISK1,636
|
|
| Monthly membership at local gym |
$67.41
F CFA42,397
|
$61.46
ISK8,551
|
|
| Movie ticket to theater/cinema |
$5.67
F CFA3,567
|
$14.35
ISK1,996
|
|
pay (unknown) more for clothing
|
Mali
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
?? |
$111.23
ISK15,476
|
|
|
Regular dress
from H&M or similar store
|
?? |
$59.69
ISK8,305
|
|
|
Running shoes
Nike or Adidas
|
?? |
$148.00
ISK20,591
|
|
| Men's business shoes (leather) | ?? |
$184.49
ISK25,669
|
Change currency:
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Iceland or Mali. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.