Cost of Living in Iceland vs Ghana comparison

$3,224

Iceland

Explore Iceland, a captivating country with a population of 364,260. Embrace a comfortable lifestyle with an average cost of living at $3224 and a median after-tax salary of $3030.17. Enjoy dining at diverse restaurants for $150, shop for essentials at bustling markets with an average of $114, and entrust your childcare needs to facilities costing approximately $5310annually. Keep your wardrobe fresh with a clothing budget of $468and secure a lovely home for $5842per month. Iceland also offers an attractive average salary of $3030.17. Immerse yourself in the beauty of Iceland, where rich culture meets affordability.

$1,195

Ghana

Discover Ghana, a captivating country with a population of 26,908,262. Experience a comfortable way of life, where the average cost of living stands at $1195, and the median after-tax salary amounts to $214.2. Savor the culinary delights of Ghana at various restaurants for an average of $41, explore bustling markets with essentials priced at around $34, and entrust your childcare needs to facilities costing approximately $3644annually. Keep your wardrobe stylish with a clothing budget of ${cloth_two}, and secure a beautiful home for $2409per month. Ghana also boasts an appealing average salary of $214.2. Immerse yourself in the beauty of Ghana, where affordability and cultural richness converge.

restaurant
$ 150
Restaurants
restaurant
$ 41
Restaurants
store
$ 114
Markets
store
$ 34
Markets
child_friendly
$ 5,310
Childcare
child_friendly
$ 3,644
Childcare
checkroom
$ 468
Clothing
checkroom
$ 75
Clothing
night_shelter
$ 5,842
Rent Per Month
night_shelter
$ 2,409
Rent Per Month
account_balance_wallet
$ 3,030
Salaries
account_balance_wallet
$ 214
Salaries
Iceland VS Ghana
restaurant

Restaurants

Iceland

Ghana

Difference

Meal, Inexpensive Restaurant

17.12 $ 2.88 $ 494 %

Meal for 2 People, Mid-range Restaurant, Three-course

95.86 $ 28.82 $ 232 %

McMeal at McDonalds (or Equivalent Combo Meal)

13.69 $ 5.76 $ 137 %

Domestic Beer (1 pint draught)

8.22 $ 0.72 $ 1041 %

Imported Beer (12 oz small bottle)

7.19 $ 1.15 $ 525 %

Cappuccino (regular)

4.17 $ 1.52 $ 174 %

Coke/Pepsi (12 oz small bottle)

2.36 $ 0.61 $ 286 %

Water (12 oz small bottle)

1.85 $ 0.21 $ 780 %
store

Markets

Iceland

Ghana

Difference

Milk (regular), (1 gallon)

1.34 $ 1.36 $ -1 %

Loaf of Fresh White Bread (1 lb)

3.02 $ 0.74 $ 308 %

Rice (white), (1 lb)

2.77 $ 1.27 $ 118 %

Eggs (regular) (12)

5.06 $ 1.32 $ 283 %

Local Cheese (1 lb)

12.49 $ 7.39 $ 69 %

Chicken Fillets (1 lb)

15.37 $ 3.17 $ 384 %

Beef Round (1 lb) (or Equivalent Back Leg Red Meat)

22.77 $ 3.35 $ 579 %

Apples (1 lb)

2.76 $ 1.85 $ 49 %

Banana (1 lb)

2.07 $ 0.96 $ 115 %

Oranges (1 lb)

2.24 $ 1.05 $ 113 %

Tomato (1 lb)

4.0 $ 1.44 $ 177 %

Potato (1 lb)

2.33 $ 1.55 $ 50 %

Onion (1 lb)

1.26 $ 1.25 $ --

Lettuce (1 head)

2.36 $ 0.7 $ 237 %

Water (1.5 liter bottle)

1.71 $ 0.44 $ 288 %

Bottle of Wine (Mid-Range)

17.12 $ 3.84 $ 345 %

Domestic Beer (0.5 liter bottle)

2.87 $ 0.72 $ 298 %

Imported Beer (12 oz small bottle)

2.5 $ 1.03 $ 142 %

Cigarettes 20 Pack (Marlboro)

10.54 $ 1.1 $ 858 %
commute

Transportation

Iceland

Ghana

Difference

One-way Ticket (Local Transport)

3.36 $ 0.48 $ 600 %

Monthly Pass (Regular Price)

54.78 $ 20.88 $ 162 %

Taxi Start (Normal Tariff)

5.07 $ 0.96 $ 428 %

Taxi 1 mile (Normal Tariff)

2.4 $ 0.86 $ 179 %

Taxi 1hour Waiting (Normal Tariff)

54.23 $ 3.36 $ 1513 %

Gasoline (1 gallon)

2.02 $ 0.79 $ 155 %

Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)

28757.27 $ 6676.71 $ 330 %

Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)

32047.42 $ 5658.39 $ 466 %
mark_as_unread

Utilities (Monthly)

Iceland

Ghana

Difference

Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment

106.62 $ 33.78 $ 215 %

1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)

0.15 $ 0.04 $ 274 %

Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)

64.03 $ 39.22 $ 63 %
kitesurfing

Sports And Leisure

Iceland

Ghana

Difference

Fitness Club, Monthly Fee for 1 Adult

58.92 $ 28.94 $ 103 %

Tennis Court Rent (1 Hour on Weekend)

31.67 $ 6.48 $ 388 %

Cinema, International Release, 1 Seat

11.64 $ 4.8 $ 142 %
child_friendly

Childcare

Iceland

Ghana

Difference

Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child

262.47 $ 82.86 $ 216 %

International Primary School, Yearly for 1 Child

5048.5 $ 3561.68 $ 41 %
checkroom

Clothing And Shoes

Iceland

Ghana

Difference

1 Pair of Jeans (Levis 501 Or Similar)

107.87 $ 11.98 $ 800 %

1 Summer Dress in a Chain Store (Zara, H&M, ...)

50.21 $ 9.98 $ 403 %

1 Pair of Nike Running Shoes (Mid-Range)

139.95 $ 25.3 $ 453 %

1 Pair of Men Leather Business Shoes

170.67 $ 28.64 $ 495 %
night_shelter

Rent Per Month

Iceland

Ghana

Difference

Apartment (1 bedroom) in City Centre

1307.6 $ 539.05 $ 142 %

Apartment (1 bedroom) Outside of Centre

1057.94 $ 57.92 $ 1726 %

Apartment (3 bedrooms) in City Centre

1854.8 $ 1578.53 $ 17 %

Apartment (3 bedrooms) Outside of Centre

1622.55 $ 233.84 $ 593 %
home

Buy Apartment Price

Iceland

Ghana

Difference

Price per Square Feet to Buy Apartment in City Centre

4884.47 $ 884.16 $ 452 %

Price per Square Feet to Buy Apartment Outside of Centre

3742.8 $ 5911.5 $ -36 %
account_balance_wallet

Salaries And Financing

Iceland

Ghana

Difference

Average Monthly Net Salary (After Tax)

3030.17 $ 214.2 $ 1314 %

Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate

5.55 % 24.82 % -77 %