Reykjavík vs Abuja Cost of Living Comparison
Executive summary: Abuja leads on CPI (23.1 vs 80, NYC=100), Abuja leads on rent index, and Reykjavík leads on purchasing power. Validate neighbourhood rents before relocating — city-wide winners can reverse at district scale.
Overall Cost Winner
Abuja
Lower overall CPI; largest measurable gaps: Internet (411% gap, Reykjavík ahead); Utilities (238% gap, Reykjavík ahead).
Monthly Cost Difference
Estimated monthly housing+utilities+internet basket is about $1,244 lower in Abuja than in Reykjavík (~70% gap; converted via exchange rates).
Estimated monthly difference: $1,244 (favoring Abuja).
Category Winners
| Category | Winner | Note |
|---|---|---|
| Overall CPI | Abuja | CPI 23.1 vs 80 (lower is better) |
| Housing | Abuja | Rent index 14.2 vs 47.2 (lower is better) |
| Food | Abuja | Groceries index 32.4 vs 91.8 (lower is better) |
| Transport | Reykjavík | One-way ticket 302.55 vs 678.74 (lower is better) |
| Utilities | Reykjavík | Utilities (85m²) 13027.2 vs 44020 (lower is better) |
| Internet | Reykjavík | Internet 5738.04 vs 29295 (lower is better) |
| Restaurants | Abuja | Restaurant index 22 vs 90 (lower is better) |
| Salary | Abuja | Avg net salary 2152640 vs 843621.6 (higher is better) |
| Purchasing Power | Reykjavík | PP index 98.6 vs 22.4 (higher is better) |
Biggest Difference
Internet: Reykjavík leads with a 411% gap.
Internet 5738.04 vs 29295 (lower is better)
Quick Decision
- Students: Abuja — Lower housing / rent index (70% gap).
- Families: Abuja — Housing is typically the largest household line; rent index favors Abuja; purchasing power favors Reykjavík.
- Remote Workers: Abuja — Everyday cost index (CPI) favors Abuja (~71% gap).
- Budget Living: Abuja — Lowest overall consumer-price index in this pair.
Key Takeaways
- Abuja is the overall cost winner on CPI (~71% lower everyday-cost index than Reykjavík).
- Housing: Abuja leads on rent index (70% gap).
- Food / groceries: Abuja is lower (65% gap).
- Purchasing power: Reykjavík scores higher (77% gap).
- Largest category gap: Internet (411%), favoring Reykjavík.
- Sample monthly basket (1BR + utilities + internet) is ~$1,244 cheaper in Abuja.
Analysis
Detailed breakdown uses only paired indices: CPI 80/23.1, rent 47.2/14.2, purchasing power 98.6/22.4. Category winners can diverge — a city may win rent while losing CPI. No GDP, climate, or industry claims are invented for either city.
Trust & data transparency
Last updated: 2026-08-20
Data Sources
This page uses CityCost index inputs. Platform sources (see also Data sources):
- Regional
- Regional
On-page labels for this view: Regional · Regional.
Methodology
Each indexed city is associated with a reference basket of common living costs (for example rent, groceries samples, transport tickets, utilities, restaurant meals, and net salary where available). From those items, the platform derives relative indices such as CPI, rent, groceries, restaurants, and local purchasing power, using New York City = 100 as the familiar baseline convention for relative comparison.