Cost of Living in Akureyri vs Lagos comparison

$3,002

Akureyri, Iceland

Discover Akureyri, a charming Iceland city with 18,925 friendly residents and a comfortable median salary of $3997.89. Indulge in delectable meals at local restaurants for just $175, find great bargains at the markets with prices averaging $109, and rest easy knowing that childcare costs around $2459annually. Stay stylish with a budget of $579for clothing, and rent a cozy home for $5260per month. Plus, the city's average salary is $3997.89, ensuring a good quality of life. Experience Dubna, where affordability meets a warm welcome.

$1,351

Lagos, Nigeria

Explore the enchanting city of Lagos, Nigeria, home to 14,862,000 friendly residents and a median salary of $158.26, making it an inviting destination. Savor mouthwatering dishes at local restaurants for just $39, discover incredible deals at markets with average prices of $36, and have peace of mind with childcare costs totaling around $1915annually. Keep your wardrobe stylish on a $115budget and secure a comfortable residence for $3621per month. Additionally, Lagos boasts an average salary of $158.26, ensuring a high quality of life.

restaurant
$ 175
Restaurants
restaurant
$ 39
Restaurants
store
$ 109
Markets
store
$ 36
Markets
child_friendly
$ 2,459
Childcare
child_friendly
$ 1,915
Childcare
checkroom
$ 579
Clothing
checkroom
$ 115
Clothing
night_shelter
$ 5,260
Rent Per Month
night_shelter
$ 3,621
Rent Per Month
account_balance_wallet
$ 3,997
Salaries
account_balance_wallet
$ 158
Salaries
Akureyri VS Lagos
restaurant

Restaurants

Akureyri

Lagos

Difference

Meal, Inexpensive Restaurant

19.75 $ 2.53 $ 680 %

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

114.91 $ 28.5 $ 303 %

McMeal at McDonalds (or Equivalent Combo Meal)

16.52 $ 4.43 $ 272 %

Domestic Beer (1 pint draught)

8.62 $ 0.63 $ 1268 %

Imported Beer (12 oz small bottle)

6.82 $ 1.2 $ 468 %

Cappuccino (regular)

4.14 $ 2.13 $ 94 %

Coke/Pepsi (12 oz small bottle)

2.75 $ 0.26 $ 957 %

Water (12 oz small bottle)

2.1 $ 0.17 $ 1135 %
store

Markets

Akureyri

Lagos

Difference

Milk (regular), (1 gallon)

1.7 $ 2.26 $ -24 %

Loaf of Fresh White Bread (1 lb)

2.92 $ 1.1 $ 165 %

Rice (white), (1 lb)

2.39 $ 1.58 $ 51 %

Eggs (regular) (12)

4.51 $ 1.43 $ 215 %

Local Cheese (1 lb)

9.79 $ 2.96 $ 230 %

Chicken Fillets (1 lb)

14.84 $ 3.62 $ 309 %

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

25.14 $ 4.12 $ 510 %

Apples (1 lb)

1.8 $ 2.45 $ -26 %

Banana (1 lb)

2.73 $ 1.67 $ 63 %

Oranges (1 lb)

2.59 $ 1.58 $ 63 %

Tomato (1 lb)

2.51 $ 1.87 $ 34 %

Potato (1 lb)

1.29 $ 2.07 $ -37 %

Onion (1 lb)

1.29 $ 1.08 $ 19 %

Lettuce (1 head)

1.67 $ 1.01 $ 65 %

Water (1.5 liter bottle)

1.8 $ 0.32 $ 462 %

Bottle of Wine (Mid-Range)

17.95 $ 4.43 $ 305 %

Domestic Beer (0.5 liter bottle)

2.37 $ 0.61 $ 288 %

Imported Beer (12 oz small bottle)

2.01 $ 0.86 $ 133 %

Cigarettes 20 Pack (Marlboro)

10.69 $ 1.01 $ 958 %
commute

Transportation

Akureyri

Lagos

Difference

One-way Ticket (Local Transport)

-- 0.57 $ -100 %

Monthly Pass (Regular Price)

-- 25.33 $ -100 %

Taxi Start (Normal Tariff)

5.03 $ 1.27 $ 296 %

Taxi 1 mile (Normal Tariff)

1.08 $ 1.27 $ -14 %

Taxi 1hour Waiting (Normal Tariff)

57.45 $ 3.67 $ 1465 %

Gasoline (1 gallon)

2.02 $ 0.23 $ 778 %

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

31600.11 $ 15199.49 $ 107 %

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

37345.59 $ 22618.29 $ 65 %
mark_as_unread

Utilities (Monthly)

Akureyri

Lagos

Difference

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

143.64 $ 23.53 $ 510 %

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

-- -- --

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

105.33 $ 30.16 $ 249 %
kitesurfing

Sports And Leisure

Akureyri

Lagos

Difference

Fitness Club, Monthly Fee for 1 Adult

53.29 $ 24.22 $ 120 %

Tennis Court Rent (1 Hour on Weekend)

43.09 $ 7.92 $ 444 %

Cinema, International Release, 1 Seat

13.65 $ 5.38 $ 153 %
child_friendly

Childcare

Akureyri

Lagos

Difference

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

305.23 $ 85.7 $ 256 %

International Primary School, Yearly for 1 Child

2154.55 $ 1829.57 $ 17 %
checkroom

Clothing And Shoes

Akureyri

Lagos

Difference

1 Pair of Jeans (Levis 501 Or Similar)

124.49 $ 12.86 $ 868 %

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

131.67 $ 18.3 $ 619 %

1 Pair of Nike Running Shoes (Mid-Range)

167.58 $ 45.78 $ 266 %

1 Pair of Men Leather Business Shoes

155.61 $ 38.54 $ 303 %
night_shelter

Rent Per Month

Akureyri

Lagos

Difference

Apartment (1 bedroom) in City Centre

1113.19 $ 651.69 $ 70 %

Apartment (1 bedroom) Outside of Centre

897.73 $ 401.17 $ 123 %

Apartment (3 bedrooms) in City Centre

1759.55 $ 1575.56 $ 11 %

Apartment (3 bedrooms) Outside of Centre

1490.23 $ 992.97 $ 50 %
home

Buy Apartment Price

Akureyri

Lagos

Difference

Price per Square Feet to Buy Apartment in City Centre

3830.32 $ 738.69 $ 418 %

Price per Square Feet to Buy Apartment Outside of Centre

3590.92 $ 198.12 $ 1712 %
account_balance_wallet

Salaries And Financing

Akureyri

Lagos

Difference

Average Monthly Net Salary (After Tax)

3997.89 $ 158.26 $ 2426 %

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

4.8 % 20.0 % -76 %