Bamako vs Reykjavik - Cost of Living Comparison

Updated:

Livingcost

Bamako Reykjavik
🚶 Cost of living one person
$569
$2938
👨‍👩‍👧‍👦 Cost of living Family
$1444
$5875
🏠 One person rent
$251
$1801
🏘️ Family rent
$523
$2674
🍽️ Food expenses
$200
$827
🚐 Transport expenses
$67.6
$90.1
💳 Monthly salary after tax
$412
$3761
😷 Air quality
Moderate
Excellent
✈️ Airport proximity
13 km
4 km
🎓 Higher education
21
53
😀 Quality of life
22
89
🏙️ Population
4.23M
140K

The cost of living in Bamako is 81% less expensive than in Reykjavik. Cities ranked 8028th and 200th ($569 vs $2938) in the list of the most expensive cities in the world and ranked 1st and 1st in Mali and Iceland, respectively. Check Mali vs Iceland comparison.

The average after-tax salary is enough to cover living expenses for 0.7 months in Bamako compared to 1.3 months in Reykjavik. Bamako ranked 1st best city to live in Mali vs Reykjavik ranked 1st in Iceland, while ranked 8788th and 194th among best cities to live in the world.

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Cost of living in Bamako vs Reykjavik infographic

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Prices in Bamako vs Reykjavik

Prices for goods and services in Bamako and Reykjavik are partly crowdsourced by our visitors, just like yourself. Please consider telling us about your city.

Bamako Reykjavik
Eating Out
🍱 Lunch Menu
$2.93
$21.5
🥂 Dinner in a Restaurant, for 2
$19.1
$137
🥪 Fast food meal, equiv. McDonald's
$4.56
$17.9
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$1.94
$10.8
 Cappuccino
$1.92
$5.37
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$0.44
$3.09
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$266
$1839
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$168
$1650
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$650
$2869
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$387
$2456
🔌 Utility Bill one person, electricity, heating, water, etc.
$38.3
$42.1
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$58.9
$64.6
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$24.8
$71.4
🏦 Mortgage Interest Rate for 20 Years
12.62%
9.41%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1772
$6649
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1030
$5599
Transportation
🚌 Local transport ticket
$0.33
$4.52
🎟️ Monthly ticket local transport
$12.5
$75.8
🚕 Taxi Ride, 8 km or 5 mi
$5.54
$26.4
 Gas / Petrol, 1 L or 0.26 gal
$1.02
$2.23
Groceries
🥛 Milk, 1 L or 1 qt
$1.12
$1.66
🍞 Bread, 0.5 kg or 1.1 lb
$0.63
$3.74
🍚 Rice, 1 kg or 2.2 lb
$1.08
$3.24
🥚 Eggs, x12
$1.45
$5.94
🧀 Cheese, 1 kg or 2.2 lb
$6.75
$15.8
🐔 Chicken Breast, 1 kg or 2.2 lb
$4.27
$20.9
🥩 Round Steak, 1 kg or 2.2 lb
$6.62
$37
🍏 Apples, 1 kg or 2.2 lb
$2.26
$2.94
🍌 Banana, 1 kg or 2.2 lb
$1.1
$2.25
🍊 Oranges, 1 kg or 2.2 lb
$1.47
$2.73
🍅 Tomato, 1 kg or 2.2 lb
$0.93
$4.73
🥔 Potato, 1 kg or 2.2 lb
$0.85
$3.26
🧅 Onion, 1 kg or 2.2 lb
$0.97
$2.11
🌊 Water, 1 L or 1 qt
$0.3
$1.36
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$1.11
$2.69
🍾 Wine (mid-priced), 750 mL bottle
$8.37
$21.6
🍺 Beer, 0.5 L or 16 fl oz
$1.51
$3.26
🚬 Cigarette pack
$2.77
$12.3
💊 Cold medicince, 1 week
$2.98
$10.4
🧴 Hair Shampoo
$2.82
$5.23
🧻 Toilet paper, 4 rolls
$1.5
$4.55
👄 Toothpaste, 1 tube
$1.19
$3.2
Other
🏋️ Gym Membership, 1 month
$24.2
$73.2
🎫 Cinema Ticket, 1 person
$4.13
$15.9
👩‍⚕️ Doctor's visit
$14.4
$82.2
💇 Haircut, simple
$4.21
$45.6
👖 Brand Jeans
$26.5
$128
👟 Brand Sneakers
$61.5
$162
👶 Daycare or Preschool, 1 month
$87.8
$279
🏫 International Primary School, 1 year
$3104
$2532

Cost of living in other countries

BamakoReykjavik

Cost of living

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Cost of Living in the nearest cities

Cities near Bamako

Distance City Cost of living
52 km or 32 mi Koulikoro
$490
116 km or 72 mi Banamba
$491
147 km or 92 mi Bougouni
$489
207 km or 129 mi Segou
$490
237 km or 147 mi Markala
$489
289 km or 180 mi Kankan
$1007
293 km or 182 mi Sikasso
$499
435 km or 270 mi Bobo-Dioulasso
$757
438 km or 272 mi Korhogo
$916
448 km or 278 mi Nouna
$733
492 km or 305 mi Dedougou
$735
510 km or 317 mi Gueckedou
$1009
512 km or 318 mi Mamou
$1019
552 km or 343 mi Nzerekore
$999
566 km or 352 mi Yekepa
$487
593 km or 368 mi Sanniquellie
$487
612 km or 381 mi Koudougou
$743
613 km or 381 mi Ouahigouya
$756
634 km or 394 mi Kenema
$1272
640 km or 398 mi Bouake
$937
652 km or 405 mi Forecariah
$998
663 km or 412 mi Bo
$1278
664 km or 412 mi Leo
$753
702 km or 436 mi Ouagadougou
$869
713 km or 443 mi Yamoussoukro
$887
714 km or 444 mi Boffa
$998
715 km or 444 mi Conakry
$1061
726 km or 451 mi Bafata
$804
728 km or 452 mi Kakata
$487
736 km or 458 mi Freetown
$1346
754 km or 469 mi Kolda
$964
759 km or 471 mi Gagnoa
$904
761 km or 473 mi Manga
$774
769 km or 478 mi Monrovia
$523
810 km or 504 mi Divo
$906
822 km or 511 mi Abengourou
$889
831 km or 516 mi Bissau
$827
854 km or 530 mi Agboville
$882
856 km or 532 mi Greenville
$487
858 km or 533 mi Tamale
$507

Cities near Reykjavik

Distance City Cost of living
6.8 km or 4.2 mi Kopavogur
$2802
9.8 km or 6.1 mi Hafnarfjorur
$2817
38 km or 24 mi Keflavik
$2355
247 km or 153 mi Akureyri
$2678
795 km or 494 mi Torshavn
$1828
1204 km or 748 mi Inverness
$1722
1230 km or 764 mi Elgin
$1393
1300 km or 808 mi Derry
$1390
1309 km or 813 mi Greenock
$1601
1321 km or 821 mi Aberdeen
$1614
1325 km or 823 mi Perth
$1500
1328 km or 825 mi Stirling
$1604
1331 km or 827 mi Paisley
$1765
1333 km or 828 mi Alloa
$1649
1337 km or 831 mi Glasgow
$2011
1339 km or 832 mi Dundee
$1482
1340 km or 833 mi Omagh
$1562
1341 km or 833 mi Cumbernauld
$1475
1342 km or 834 mi Irvine
$1551
1348 km or 838 mi East Kilbride
$1763
1349 km or 838 mi Kilmarnock
$1480
1351 km or 839 mi Dunfermline
$1692
1353 km or 841 mi Hamilton
$1699
1357 km or 843 mi Ayr
$1404
1360 km or 845 mi Kirkcaldy
$1610
1365 km or 848 mi Livingston
$1608
1372 km or 852 mi Edinburgh
$2140
1382 km or 859 mi Newtownabbey
$1692
1387 km or 862 mi Belfast
$1755
1390 km or 864 mi Bangor
$1382
1391 km or 864 mi Lisburn
$1713
1401 km or 871 mi Alesund
$1603
1413 km or 878 mi Galway
$2297
1425 km or 886 mi Dundalk
$1767
1431 km or 889 mi Dumfries
$1246
1433 km or 891 mi Nuuk
$2031
1441 km or 895 mi Molde
$1813
1454 km or 903 mi Kristiansund
$1700
1455 km or 904 mi Drogheda
$2628
1455 km or 904 mi Bergen
$2006