Accra vs Reykjavik
Home Price & Cost of Living Comparison
Live DataLast updated: March 31, 2026·Source: OECD, Numbeo & National Statistics
💡 Why it matters: Accra vs Reykjavik
Accra is 79% more affordable for homebuyers. Accra has a price-to-income ratio of 8.5x compared to 7.8x in Reykjavik.
| Metric | Accra | Reykjavik |
|---|---|---|
| Avg Home Price | $95,000 | $450,000 |
| Price / sqm | $1,200 | $6,500 |
| Rent (1BR) | $450/mo | $1,500/mo |
| Rent (3BR) | $800/mo | $2,500/mo |
| Price-to-Income | 8.5x | 7.8x |
| Mortgage Rate | 28.0% | 7.5% |
| 1yr Change | +5.5% | +2.8% |
| Median Income | $11,000/yr | $58,000/yr |
| Population | 4,000,000 | 130,000 |
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HomePricePeek Research TeamData Specialists
Our team analyzes data from OECD, Numbeo & National Statistics to deliver accurate, up-to-date information. All data is verified and cross-referenced with official sources.
✓ OECD, Numbeo & National Statistics✓ Updated 2025
Frequently Asked Questions
Is Accra or Reykjavik more expensive?
Accra is more affordable. Home prices differ by $355,000 (79%).
Which city has cheaper rent, Accra or Reykjavik?
Rent for a 1BR in Accra is $450/mo vs $1,500/mo in Reykjavik.
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