Published: Monday, 21th October 2024
The cost of living in Iceland is 1.82 times more expensive as compared to Gambia.
On this page, you will find side-by-side cost comparison between Iceland and Gambia. We have created 172 cost-of-living indicators. We average the prices of all those indicators and take a mathematically calculated approach to determine which country is more expensive to live in between Iceland and Gambia.
We always try to give you the latest data, but sometimes mistakes might occur. If you think some content on our site is not updated, please let us know by emailing us at: info.comparedoo@gmail.com
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() Gambia ![]() |
---|---|---|
1 BHK Apartment in City Center ![]() | 200,000 ISK (1,420 USD) | 15,000 GMD (225 USD) |
2 BHK Apartment in City Center ![]() | 300,000 ISK (2,130 USD) | 25,000 GMD (375 USD) |
3 BHK Apartment in City Center ![]() | 400,000 ISK (2,840 USD) | 35,000 GMD (525 USD) |
1 BHK Apartment outside City Center ![]() | 150,000 ISK (1,065 USD) | 10,000 GMD (150 USD) |
2 BHK Apartment outside City Center ![]() | 200,000 ISK (1,420 USD) | 15,000 GMD (225 USD) |
3 BHK Apartment outside City Center ![]() | 300,000 ISK (2,130 USD) | 20,000 GMD (300 USD) |
Mortgage Rates Per Month ![]() | 4 % | 6 % |
Realtor Commission ![]() | 2 % | 5 % |
Property Taxes ![]() | 0.2 to 1.65 % | Yet to Update |
The average housing cost in Iceland is 5.95 times more expensive than Gambia.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() Gambia ![]() |
---|---|---|
Basic Home Furnishing ![]() | 300,000 ISK (2,130 USD) | 50,000 GMD (750 USD) |
Electricity Cost Per Month ![]() | 20,000 ISK (142 USD) | 5,000 GMD (75 USD) |
Heating Cost Per Month ![]() | 25,000 ISK (177.50 USD) | 3,000 GMD (45 USD) |
Cooling Cost Per Month ![]() | 10,000 ISK (71 USD) | 2,500 GMD (37.50 USD) |
Water Supply Cost Per Month ![]() | 5,000 ISK (35.50 USD) | 3,000 GMD (45 USD) |
If you lived in Iceland, instead of Gambia, you would have to pay 168.35% more for Utilities.
The basic home furnishing in Iceland costs 2.84 times more compared to Gambia.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() Gambia ![]() |
---|---|---|
Standard Wifi Cost Per Month ![]() | 10,000 ISK (71 USD) | 4,000 GMD (60 USD) |
Mobile Phone Basic Plan Cost Per Month ![]() | 5,000 ISK (35.50 USD) | 2,500 GMD (37.50 USD) |
Landline Basic Plan Cost Per Month ![]() | 3,000 ISK (21.30 USD) | 2,500 GMD (37.50 USD) |
Cable TV Basic Plan Cost Per Month ![]() | 8,000 ISK (56.80 USD) | 3,500 GMD (52.50 USD) |
The internet and communication costs 1.55% less in Iceland compared to Gambia.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() Gambia ![]() |
---|---|---|
Long Grain Rice (1 KG) ![]() | 500 ISK (3.55 USD) | 150 GMD (2.25 USD) |
Milk (1 Liter) ![]() | 250 ISK (1.78 USD) | 100 GMD (1.50 USD) |
Water (1 Liter) ![]() | 50 ISK (0.36 USD) | 50 GMD (0.75 USD) |
Bread (500 gm) ![]() | 150 ISK (1.07 USD) | 50 GMD (0.75 USD) |
Eggs (1 Dozen) ![]() | 500 ISK (3.55 USD) | 120 GMD (1.80 USD) |
Cheese (1 KG) ![]() | 1,200 ISK (8.52 USD) | 300 GMD (4.50 USD) |
Chicken Breast (1 KG) ![]() | 1,000 ISK (7.10 USD) | 400 GMD (6 USD) |
In Iceland, the cost of 1 Liter Water and 1 Liter Milk is 1.06 times less expensive than the cost in Gambia.
If you lived in Iceland, instead of Gambia, you would have to pay 47.66% more for Groceries.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() Gambia ![]() |
---|---|---|
Apples (1 KG) ![]() | 800 ISK (5.68 USD) | 150 GMD (2.25 USD) |
Bananas (1 KG) ![]() | 600 ISK (4.26 USD) | 100 GMD (1.50 USD) |
Oranges (1 KG) ![]() | 700 ISK (4.97 USD) | 120 GMD (1.80 USD) |
Tomatoes (1 KG) ![]() | 500 ISK (3.55 USD) | 150 GMD (2.25 USD) |
Potatoes (1 KG) ![]() | 400 ISK (2.84 USD) | 120 GMD (1.80 USD) |
Lemons (1 KG) ![]() | 700 ISK (4.97 USD) | 150 GMD (2.25 USD) |
Onions (1 KG) ![]() | 600 ISK (4.26 USD) | 120 GMD (1.80 USD) |
Lentils (1 KG) ![]() | 600 ISK (4.26 USD) | 200 GMD (3 USD) |
If you lived in Iceland, instead of Gambia, you would have to pay 2.09 times more for Fruits and Vegetables.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() Gambia ![]() |
---|---|---|
Meal at a Resonable Restaurant ![]() | 3,500 ISK (24.85 USD) | 500 GMD (7.50 USD) |
Three-Course Meal for Two ![]() | 8,000 ISK (56.80 USD) | 1,500 GMD (22.50 USD) |
Fast Food Combo Meal ![]() | 1,500 ISK (10.65 USD) | 400 GMD (6 USD) |
Normal Coffee ![]() | 500 ISK (3.55 USD) | 100 GMD (1.50 USD) |
Soft Drink ![]() | 300 ISK (2.13 USD) | 50 GMD (0.75 USD) |
Pizza for One ![]() | 2,500 ISK (17.75 USD) | 1,000 GMD (15 USD) |
Take-Out Delivery Meal ![]() | 3,000 ISK (21.30 USD) | 1,500 GMD (22.50 USD) |
Cigarette Pack of 20 ![]() | 1,500 ISK (10.65 USD) | 400 GMD (6 USD) |
Dining-Out costs 80.65% more in Iceland compared to Gambia.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() Gambia ![]() |
---|---|---|
Wine Mid-Range Bottle ![]() | 2,000 ISK (14.20 USD) | 1,500 GMD (22.50 USD) |
Glass of Wine ![]() | 1,200 ISK (8.52 USD) | 300 GMD (4.50 USD) |
Domestic Beer Half Liter ![]() | 600 ISK (4.26 USD) | 150 GMD (2.25 USD) |
Imported Beer Half Liter ![]() | 800 ISK (5.68 USD) | 200 GMD (3 USD) |
Domestic Alcohol 1 Liter ![]() | 3,000 ISK (21.30 USD) | 1,000 GMD (15 USD) |
Branded Alcohol 1 Liter ![]() | 4,000 ISK (28.40 USD) | 1,500 GMD (22.50 USD) |
If you lived in Iceland, instead of Gambia, you would have to pay 1.18 times more for usual hard drinks.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() Gambia ![]() |
---|---|---|
Monthly Public Transportation Pass ![]() | 15,000 ISK (106.50 USD) | 1,500 GMD (22.50 USD) |
Single Public Transportation Ticket ![]() | 400 ISK (2.84 USD) | 25 GMD (0.38 USD) |
Single Train Ticket ![]() | Yet to Update () | Yet to Update () |
Domestic Airplane Ticket ![]() | 30,000 ISK (213 USD) | 50,000 GMD (750 USD) |
Taxi Start Fare ![]() | 800 ISK (5.68 USD) | 100 GMD (1.50 USD) |
Taxi Rate Per Kilometer ![]() | 200 ISK (1.42 USD) | 25 GMD (0.38 USD) |
Car Rental Per Day ![]() | 10,000 ISK (71 USD) | 5,000 GMD (75 USD) |
Parking Fees in City Center Per Hour ![]() | 500 ISK (3.55 USD) | 100 GMD (1.50 USD) |
Parking Fees outside City Center Per Hour ![]() | 300 ISK (2.13 USD) | 50 GMD (0.75 USD) |
If you lived in Iceland, instead of Gambia, you would have to pay 2.10 times less for transportation.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() Gambia ![]() |
---|---|---|
Reasonable Vehicle Purchase Cost ![]() | 4,000,000 ISK (28,400 USD) | 1,500,000 GMD (22,500 USD) |
Vehicle Registration Cost ![]() | 15,000 ISK (106.50 USD) | 5,000 GMD (75 USD) |
Driving License Fees ![]() | 5,000 ISK (35.50 USD) | 1,000 GMD (15 USD) |
Car Insurance Cost ![]() | 40,000 ISK (284 USD) | 10,000 GMD (150 USD) |
Car Maintenance Cost ![]() | 15,000 ISK (106.50 USD) | 5,000 GMD (75 USD) |
Car Loan Interest Rates ![]() | 5 % | 7 % |
Fuel Per Liter ![]() | 250 ISK (1.78 USD) | 80 GMD (1.20 USD) |
Fuel Per Gallon ![]() | 1,200 ISK (8.52 USD) | 300 GMD (4.50 USD) |
Average Toll Fees ![]() | 1,000 ISK 7.10 USD | Yet to Update |
You would have to pay 1.27 times more for Vehicle purchase, daily operation and maintenance in Iceland compared to that of Gambia.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() Gambia ![]() |
---|---|---|
Doctor Visit ![]() | 5,000 ISK (35.50 USD) | 1,500 GMD (22.50 USD) |
Specialist Visit ![]() | 10,000 ISK (71 USD) | 3,000 GMD (45 USD) |
Dentist Visit ![]() | 8,000 ISK (56.80 USD) | 2,000 GMD (30 USD) |
Eye Exam ![]() | 3,000 ISK (21.30 USD) | 1,000 GMD (15 USD) |
Mental Health Counseling ![]() | 8,000 ISK (56.80 USD) | 1,500 GMD (22.50 USD) |
Preventive Health Screening ![]() | 4,000 ISK (28.40 USD) | 1,000 GMD (15 USD) |
Physical Therapy ![]() | 6,000 ISK (42.60 USD) | 1,000 GMD (15 USD) |
Emergency Room Visit ![]() | 15,000 ISK (106.50 USD) | 2,500 GMD (37.50 USD) |
Hospital Stay Per Night ![]() | 25,000 ISK (177.50 USD) | 5,000 GMD (75 USD) |
Vaccinations ![]() | 2,500 ISK (17.75 USD) | 500 GMD (7.50 USD) |
Prescription Medication ![]() | 1,500 ISK (10.65 USD) | 500 GMD (7.50 USD) |
Over the Counter Medication ![]() | 800 ISK (5.68 USD) | 200 GMD (3 USD) |
Health Insurance Premiums ![]() | 20,000 ISK (142 USD) | 15,000 GMD (225 USD) |
Health Insurance Deductibles ![]() | 5,000 ISK (35.50 USD) | 5,000 GMD (75 USD) |
If you lived in Iceland, instead of Gambia, you would have to pay 1.36 times more for Health and Medical Treatment.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() Gambia ![]() |
---|---|---|
Cosmetic Procedures ![]() | 30,000 ISK (213 USD) | 3,000 GMD (45 USD) |
Spa Treatment ![]() | 10,000 ISK (71 USD) | 1,500 GMD (22.50 USD) |
Manicure Pedicure Cost ![]() | 3,000 ISK (21.30 USD) | 500 GMD (7.50 USD) |
Optical Glasses Cost ![]() | 10,000 ISK (71 USD) | 800 GMD (12 USD) |
Contact Lenses Cost ![]() | 5,000 ISK (35.50 USD) | 1,000 GMD (15 USD) |
Haircuts ![]() | 2,000 ISK (14.20 USD) | 300 GMD (4.50 USD) |
Hair Coloring ![]() | 6,000 ISK (42.60 USD) | 1,000 GMD (15 USD) |
Shampoo Price ![]() | 500 ISK (3.55 USD) | 150 GMD (2.25 USD) |
Toothpaste Price ![]() | 200 ISK (1.42 USD) | 100 GMD (1.50 USD) |
If you lived in Iceland, instead of Gambia, you would have to pay 3.78 times more for Personal Care Items and Treatment.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() Gambia ![]() |
---|---|---|
Pair of Nike Running Shoes ![]() | 15,000 ISK (106.50 USD) | 1,500 GMD (22.50 USD) |
Men's Shirt ![]() | 5,000 ISK (35.50 USD) | 300 GMD (4.50 USD) |
Women's Dress ![]() | 10,000 ISK (71 USD) | 600 GMD (9 USD) |
Summer Dress ![]() | 5,000 ISK (35.50 USD) | 500 GMD (7.50 USD) |
Men's Suit ![]() | 40,000 ISK (284 USD) | 5,000 GMD (75 USD) |
Men's Jeans ![]() | 7,000 ISK (49.70 USD) | 600 GMD (9 USD) |
Women's Jeans ![]() | 6,000 ISK (42.60 USD) | 600 GMD (9 USD) |
Men's Formal Shoes ![]() | 7,000 ISK (49.70 USD) | 1,000 GMD (15 USD) |
Women's Formal Shoes ![]() | 7,000 ISK (49.70 USD) | 1,000 GMD (15 USD) |
Men's Casual Shoes ![]() | 5,000 ISK (35.50 USD) | 800 GMD (12 USD) |
Women's Casual Shoes ![]() | 4,000 ISK (28.40 USD) | 800 GMD (12 USD) |
Underwear For Men ![]() | 1,000 ISK (7.10 USD) | 150 GMD (2.25 USD) |
Underwear For Women ![]() | 1,200 ISK (8.52 USD) | 200 GMD (3 USD) |
Socks For Men ![]() | 300 ISK (2.13 USD) | 50 GMD (0.75 USD) |
Socks For Women ![]() | 400 ISK (2.84 USD) | 60 GMD (0.90 USD) |
Wintercoat for Adults ![]() | 8,000 ISK (56.80 USD) | 800 GMD (12 USD) |
Sportswear ![]() | 6,000 ISK (42.60 USD) | 400 GMD (6 USD) |
If you lived in Iceland, instead of Gambia, you would have to pay 4.22 times more for Clothing and Footwear for Adults.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() Gambia ![]() |
---|---|---|
Children's Jeans ![]() | 3,500 ISK (24.85 USD) | 300 GMD (4.50 USD) |
Children's Normal Sneakers ![]() | 4,000 ISK (28.40 USD) | 400 GMD (6 USD) |
Children's Winter Coat ![]() | 6,000 ISK (42.60 USD) | 600 GMD (9 USD) |
Daycare for Infant ![]() | 25,000 ISK (177.50 USD) | 10,000 GMD (150 USD) |
Daycare for Toddler ![]() | 20,000 ISK (142 USD) | 8,000 GMD (120 USD) |
Childcare for Sick Days ![]() | 1,500 ISK (10.65 USD) | 500 GMD (7.50 USD) |
Early Childhood Education Programs ![]() | 6,000 ISK (42.60 USD) | 8,000 GMD (120 USD) |
Extra Curricular Activities ![]() | 3,000 ISK (21.30 USD) | 5,000 GMD (75 USD) |
Summer Camp for Kids ![]() | 8,000 ISK (56.80 USD) | 10,000 GMD (150 USD) |
If you lived in Iceland, instead of Gambia, you would have to pay 1.17 times less for Childcare and kids clothing.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() Gambia ![]() |
---|---|---|
PreSchool Fees ![]() | 30,000 ISK (213 USD) | 5,000 GMD (75 USD) |
Primary School Fees ![]() | 40,000 ISK (284 USD) | 10,000 GMD (150 USD) |
Secondary School Fees ![]() | 60,000 ISK (426 USD) | 15,000 GMD (225 USD) |
Private School Fees ![]() | 80,000 ISK (568 USD) | 20,000 GMD (300 USD) |
University Tuition Fees ![]() | 150,000 ISK (1,065 USD) | 50,000 GMD (750 USD) |
University Private Tuition Fees ![]() | 200,000 ISK (1,420 USD) | 70,000 GMD (1,050 USD) |
After School Activities ![]() | 5,000 ISK (35.50 USD) | 5,000 GMD (75 USD) |
Special Education Services ![]() | 7,000 ISK (49.70 USD) | 5,000 GMD (75 USD) |
Tutoring ![]() | 5,000 ISK (35.50 USD) | 2,500 GMD (37.50 USD) |
Textbooks Cost ![]() | 4,000 ISK (28.40 USD) | 1,000 GMD (15 USD) |
School Supplies ![]() | 2,000 ISK (14.20 USD) | 500 GMD (7.50 USD) |
If you lived in Iceland, instead of Gambia, you would have to pay 1.50 times more for school and education.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() Gambia ![]() |
---|---|---|
Movie Ticket (Single) ![]() | 1,000 ISK (7.10 USD) | 150 GMD (2.25 USD) |
Theater Ticket (Single) ![]() | 2,000 ISK (14.20 USD) | 300 GMD (4.50 USD) |
Concert Ticket (Single) ![]() | 2,500 ISK (17.75 USD) | 500 GMD (7.50 USD) |
Sports Event Ticket (Single) ![]() | 1,500 ISK (10.65 USD) | 300 GMD (4.50 USD) |
Gym Membership ![]() | 6,000 ISK (42.60 USD) | 500 GMD (7.50 USD) |
Swimming Pool Access ![]() | 5,000 ISK (35.50 USD) | 400 GMD (6 USD) |
Museum Entry Ticket ![]() | 1,000 ISK (7.10 USD) | 100 GMD (1.50 USD) |
Zoo Entry Ticket ![]() | 1,500 ISK (10.65 USD) | 150 GMD (2.25 USD) |
Amusement Park Entry Ticket ![]() | 2,000 ISK (14.20 USD) | 300 GMD (4.50 USD) |
Bowling ![]() | 1,000 ISK (7.10 USD) | 200 GMD (3 USD) |
Mini Golf ![]() | 1,500 ISK (10.65 USD) | 100 GMD (1.50 USD) |
Video Games ![]() | 5,000 ISK (35.50 USD) | 1,000 GMD (15 USD) |
Streaming Services ![]() | 1,000 ISK (7.10 USD) | 500 GMD (7.50 USD) |
Outdoor Equipment Rental ![]() | 1,000 ISK (7.10 USD) | 200 GMD (3 USD) |
Theme Park Annual Pass ![]() | 50,000 ISK (355 USD) | 3,000 GMD (45 USD) |
If you lived in Iceland, instead of Gambia, you would have to pay 5.04 times more for entertainment, recreation and fun activities.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() Gambia ![]() |
---|---|---|
Language Classes ![]() | 5,000 ISK (35.50 USD) | 2,500 GMD (37.50 USD) |
Parenting Classes ![]() | 5,000 ISK (35.50 USD) | 1,000 GMD (15 USD) |
Art Classes ![]() | 3,000 ISK (21.30 USD) | 300 GMD (4.50 USD) |
Fitness Classes ![]() | 6,000 ISK (42.60 USD) | 200 GMD (3 USD) |
Music Lessons ![]() | 4,000 ISK (28.40 USD) | 500 GMD (7.50 USD) |
Dance Lessons ![]() | 4,000 ISK (28.40 USD) | 600 GMD (9 USD) |
Reading Materials for Classes ![]() | 1,000 ISK (7.10 USD) | 100 GMD (1.50 USD) |
Educational Software ![]() | 3,000 ISK (21.30 USD) | 2,000 GMD (30 USD) |
If you lived in Iceland, instead of Gambia, you would have to pay 2.04 times more for Private Classes.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() Gambia ![]() |
---|---|---|
Average Gross Monthly Salary ![]() | 450,000 ISK (3,195 USD) | 25,000 GMD (375 USD) |
Average Net Monthly Salary ![]() | 350,000 ISK (2,485 USD) | 20,000 GMD (300 USD) |
Minimum Wages ![]() | 6,666.67 ISK per hour (47.33 USD) | 333.33 GMD per hour (5 USD) |
Average Bonus ![]() | 40,000 ISK (284 USD) | 5,000 GMD (75 USD) |
Income Tax Rate ![]() | 0 to 24 % | 0 to 15 % |
Social Security Contributions ![]() | 7 % | 4 % |
Pension Contributions ![]() | 8 % | 2 % |
Cost of Living Index ![]() | 12 | 35 |
Median Household Income ![]() | 400,000 ISK (2,840 USD) | 100,000 GMD (1,500 USD) |
If you lived in Iceland, you would earn 3.93 times more salary as compared to Gambia.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() Gambia ![]() |
---|---|---|
Legal Consultation Per Hour Rate ![]() | 10,000 ISK (71 USD) | 1,000 GMD (15 USD) |
Accounting Services Per Hour Rate ![]() | 7,000 ISK (49.70 USD) | 800 GMD (12 USD) |
IT Support Services Per Hour Rate ![]() | 5,000 ISK (35.50 USD) | 700 GMD (10.50 USD) |
Technician Services Per Hour Rate ![]() | 4,000 ISK (28.40 USD) | 600 GMD (9 USD) |
Professional Services cost 3.97 times more in Iceland, as compared to Gambia.
We hope you enjoyed the detailed guide on the cost of living comparsion between Iceland and Gambia.
For more side-by-side comparsion between Countries, States and Cities, you can use the search box above or click the links below.
The Comparedoo.com family sincerely appreciates your time with us. We look forward to seeing you on our other pages.