Bamako vs Reykjavik - Cost of Living Comparison

Updated:

Livingcost

Bamako Reykjavik
🚶 Cost of living one person
$574
$2915
👨‍👩‍👧‍👦 Cost of living Family
$1446
$5968
🏠 One person rent
$254
$1781
🏘️ Family rent
$520
$2749
🍽️ Food expenses
$200
$832
🚐 Transport expenses
$67.9
$88.7
💳 Monthly salary after tax
$423
$3918
😷 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 80% less expensive than in Reykjavik. Cities ranked 8054th and 204th ($574 vs $2915) 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 8767th and 189th 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
$2.89
$22
🥂 Dinner in a Restaurant, for 2
$19.5
$125
🥪 Fast food meal, equiv. McDonald's
$4.51
$18.5
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$1.96
$11.1
☕ Cappuccino
$1.96
$5.35
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$0.45
$3.27
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$275
$1809
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$171
$1626
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$655
$2822
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$383
$2552
🔌 Utility Bill one person, electricity, heating, water, etc.
$37.3
$44.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$58
$68.4
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$24.8
$74.1
🏦 Mortgage Interest Rate for 20 Years
12.75%
8.55%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1842
$6498
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$958
$5311
Transportation
🚌 Local transport ticket
$0.33
$4.63
🎟️ Monthly ticket local transport
$12.2
$77.2
🚕 Taxi Ride, 8 km or 5 mi
$5.56
$24.8
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.05
$2.29
Groceries
🥛 Milk, 1 L or 1 qt
$1.12
$1.72
🍞 Bread, 0.5 kg or 1.1 lb
$0.64
$3.66
🍚 Rice, 1 kg or 2.2 lb
$1.09
$3.25
🥚 Eggs, x12
$1.42
$5.9
🧀 Cheese, 1 kg or 2.2 lb
$6.66
$16
🐔 Chicken Breast, 1 kg or 2.2 lb
$4.28
$21.4
🥩 Round Steak, 1 kg or 2.2 lb
$6.49
$37.6
🍏 Apples, 1 kg or 2.2 lb
$2.33
$3.07
🍌 Banana, 1 kg or 2.2 lb
$1.15
$2.29
🍊 Oranges, 1 kg or 2.2 lb
$1.58
$2.72
🍅 Tomato, 1 kg or 2.2 lb
$0.9
$4.99
🥔 Potato, 1 kg or 2.2 lb
$0.83
$3.21
🧅 Onion, 1 kg or 2.2 lb
$0.96
$2.16
🌊 Water, 1 L or 1 qt
$0.3
$1.37
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$1.14
$2.74
🍾 Wine (mid-priced), 750 mL bottle
$8.27
$22
🍺 Beer, 0.5 L or 16 fl oz
$1.52
$3.27
🚬 Cigarette pack
$2.75
$12.2
💊 Cold medicince, 1 week
$2.87
$11.6
🧴 Hair Shampoo
$2.85
$5.36
🧻 Toilet paper, 4 rolls
$1.54
$4.68
👄 Toothpaste, 1 tube
$1.19
$3.32
Other
🏋️ Gym Membership, 1 month
$24.4
$71.8
🎫 Cinema Ticket, 1 person
$4.14
$15.1
👩‍⚕️ Doctor's visit
$14.5
$84.7
💇 Haircut, simple
$4.35
$47.4
👖 Brand Jeans
$26.6
$112
👟 Brand Sneakers
$62
$155
👶 Daycare or Preschool, 1 month
$89.1
$254
🏫 International Primary School, 1 year
$3185
$6167

Cost of living in other countries

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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
$497
116 km or 72 mi Banamba
$495
147 km or 92 mi Bougouni
$496
207 km or 129 mi Segou
$498
237 km or 147 mi Markala
$496
289 km or 180 mi Kankan
$979
293 km or 182 mi Sikasso
$503
435 km or 270 mi Bobo-Dioulasso
$766
438 km or 272 mi Korhogo
$1047
448 km or 278 mi Nouna
$745
492 km or 305 mi Dedougou
$742
510 km or 317 mi Gueckedou
$983
512 km or 318 mi Mamou
$994
552 km or 343 mi Nzerekore
$971
566 km or 352 mi Yekepa
$494
593 km or 368 mi Sanniquellie
$495
612 km or 381 mi Koudougou
$744
613 km or 381 mi Ouahigouya
$753
634 km or 394 mi Kenema
$1146
640 km or 398 mi Bouake
$1071
652 km or 405 mi Forecariah
$974
663 km or 412 mi Bo
$1138
664 km or 412 mi Leo
$751
702 km or 436 mi Ouagadougou
$820
713 km or 443 mi Yamoussoukro
$1021
714 km or 444 mi Boffa
$972
715 km or 444 mi Conakry
$1030
726 km or 451 mi Bafata
$866
728 km or 452 mi Kakata
$494
736 km or 458 mi Freetown
$1213
754 km or 469 mi Kolda
$1039
759 km or 471 mi Gagnoa
$1035
761 km or 473 mi Manga
$761
769 km or 478 mi Monrovia
$528
810 km or 504 mi Divo
$1034
822 km or 511 mi Abengourou
$1015
831 km or 516 mi Bissau
$889
854 km or 530 mi Agboville
$1012
856 km or 532 mi Greenville
$494
858 km or 533 mi Tamale
$492

Cities near Reykjavik

Distance City Cost of living
6.8 km or 4.2 mi Kopavogur
$2371
9.8 km or 6.1 mi Hafnarfjorur
$2602
38 km or 24 mi Keflavik
$2091
247 km or 153 mi Akureyri
$2300
795 km or 494 mi Torshavn
$1913
1204 km or 748 mi Inverness
$1830
1230 km or 764 mi Elgin
$1459
1300 km or 808 mi Derry
$1491
1309 km or 813 mi Greenock
$1599
1321 km or 821 mi Aberdeen
$1701
1325 km or 823 mi Perth
$1647
1328 km or 825 mi Stirling
$1625
1331 km or 827 mi Paisley
$1793
1333 km or 828 mi Alloa
$1710
1337 km or 831 mi Glasgow
$2013
1339 km or 832 mi Dundee
$1545
1340 km or 833 mi Omagh
$1650
1341 km or 833 mi Cumbernauld
$1767
1342 km or 834 mi Irvine
$1573
1348 km or 838 mi East Kilbride
$1818
1349 km or 838 mi Kilmarnock
$1470
1351 km or 839 mi Dunfermline
$1724
1353 km or 841 mi Hamilton
$1793
1357 km or 843 mi Ayr
$1420
1360 km or 845 mi Kirkcaldy
$1704
1365 km or 848 mi Livingston
$1744
1372 km or 852 mi Edinburgh
$2246
1382 km or 859 mi Newtownabbey
$1767
1387 km or 862 mi Belfast
$1830
1390 km or 864 mi Bangor
$1467
1391 km or 864 mi Lisburn
$1805
1401 km or 871 mi Alesund
$1657
1413 km or 878 mi Galway
$2427
1425 km or 886 mi Dundalk
$1930
1431 km or 889 mi Dumfries
$1390
1433 km or 891 mi Nuuk
$2125
1441 km or 895 mi Molde
$1969
1454 km or 903 mi Kristiansund
$1752
1455 km or 904 mi Drogheda
$2492
1455 km or 904 mi Bergen
$2161