Benin vs Iceland - Cost of Living Comparison

Updated:

Livingcost

Benin Iceland
🚶 Cost of living one person
$729
$2384
👨‍👩‍👧‍👦 Cost of living Family
$1787
$5111
🏠 One person rent
$290
$1378
🏘️ Family rent
$475
$2233
🍽️ Food expenses
$288
$734
🚐 Transport expenses
$88.2
$80.4
💳 Monthly salary after tax
$126
$3560
💸 GDP per capita
$1303
$72903
😃 Human freedom index
6.95
8.64
❤️ Life expectancy
59.8
83.1
👮 Corruption perceptions index
43
74
🌐 English speaking %
1%
98%
🎓 Higher education
43
81
😀 Quality of life
17
93
🏙️ Population
11.2M
364K

The average cost of living in Benin ($729) is 69% less expensive than in Iceland ($2384). Benin ranked 124th vs 7th for Iceland in the list of the most expensive countries in the world.

The average after-tax salary is enough to cover living expenses for 0.2 months in Benin compared to 1.5 months in Iceland. Ranked 178th and 8th best countries to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Benin vs Iceland infographic

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Prices in Benin vs Iceland

We calculate prices for Benin and Iceland as a population-weighted mean of 4 and 5 cities, respectively. Since large cities tend to have a higher cost of living, it's better to visit specific city pages below for more relevant information.

Benin Iceland
Eating Out
🍱 Lunch Menu
$5.8
$18.9
🥂 Dinner in a Restaurant, for 2
$26.2
$102
🥪 Fast food meal, equiv. McDonald's
$9.14
$15.5
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$1.42
$9.3
 Cappuccino
$4.32
$4.62
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$0.69
$2.67
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$306
$1461
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$158
$1214
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$447
$2314
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$319
$2036
🔌 Utility Bill one person, electricity, heating, water, etc.
$53.1
$48.4
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$81.4
$75
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$49.4
$65.8
🏦 Mortgage Interest Rate for 20 Years
5.02%
6.7%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$8214
$5379
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$796
$4254
Transportation
🚌 Local transport ticket
$1.65
$3.93
🎟️ Monthly ticket local transport
$25.1
$65.4
🚕 Taxi Ride, 8 km or 5 mi
$19.8
$24.3
 Gas / Petrol, 1 L or 0.26 gal
$0.9
$2.24
Groceries
🥛 Milk, 1 L or 1 qt
$1.88
$1.57
🍞 Bread, 0.5 kg or 1.1 lb
$0.87
$3.33
🍚 Rice, 1 kg or 2.2 lb
$1
$3.24
🥚 Eggs, x12
$2.26
$5.9
🧀 Cheese, 1 kg or 2.2 lb
$4.02
$14.2
🐔 Chicken Breast, 1 kg or 2.2 lb
$6.11
$18.5
🥩 Round Steak, 1 kg or 2.2 lb
$5.22
$29.1
🍏 Apples, 1 kg or 2.2 lb
$2.95
$2.99
🍌 Banana, 1 kg or 2.2 lb
$1.19
$2.14
🍊 Oranges, 1 kg or 2.2 lb
$1.03
$2.68
🍅 Tomato, 1 kg or 2.2 lb
$1.81
$4.56
🥔 Potato, 1 kg or 2.2 lb
$1.4
$2.8
🧅 Onion, 1 kg or 2.2 lb
$1.28
$1.67
🌊 Water, 1 L or 1 qt
$0.68
$1.39
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.7
$2.39
🍾 Wine (mid-priced), 750 mL bottle
$10.5
$19
🍺 Beer, 0.5 L or 16 fl oz
$1.05
$3.07
🚬 Cigarette pack
$2.38
$11.5
💊 Cold medicince, 1 week
$3.04
$12.8
🧴 Hair Shampoo
$4.26
$5.91
🧻 Toilet paper, 4 rolls
$2.06
$5.04
👄 Toothpaste, 1 tube
$2.33
$3.25
Other
🏋️ Gym Membership, 1 month
$29.5
$62.9
🎫 Cinema Ticket, 1 person
$5.75
$14.1
👩‍⚕️ Doctor's visit
$25.9
$77.4
💇 Haircut, simple
$9.52
$36.6
👖 Brand Jeans
$26.4
$110
👟 Brand Sneakers
$50.3
$143
👶 Daycare or Preschool, 1 month
$205
$252
🏫 International Primary School, 1 year
$6012
$5636

Cost of living in other countries

Cost of living

More countries to compare

Cost of Living in Popular cities

In Benin

City Cost of living Population
Cotonou
$764
679K
Porto-Novo
$677
264K
Abomey
$646
90.2K
Save
$645
31.4K

In Iceland

City Cost of living Population
Reykjavik
$2534
140K
Kopavogur
$2264
39.8K
Hafnarfjorur
$2343
30.6K
Akureyri
$1959
19.9K
Keflavik
$1985
16.5K