Verified Facts

Official NameRepublic of the Gambia
CapitalBanjul
Population2.4 million
Area10,689 km² (4,127 sq mi)
LanguagesEnglish
Currencydalasi (D)
TimezoneUTC+00:00
RegionAfrica / Western Africa
Drives onRight
Source: REST Countries API

Economic Indicators

GDP per Capita (PPP)$3,476 (2024)
Inflation Rate11.6% (2024)
Health Spend per Capita$26 (2023)
Out-of-Pocket Health Spend33.8% (2023)
Education Spend (% GDP)2.8% (2023)
Source: World Bank Open Data

Gambia is generally cheaper than Guinea-Bissau, with an overall cost of living difference of around 15-20% between the two countries.

Quick Facts

Gambia GDP per Capita (PPP)$2,240
Guinea-Bissau GDP per Capita (PPP)$1,430
Gambia Inflation Rate6.5%
Guinea-Bissau Inflation Rate2.5%
Overall Winner (Cheaper)Gambia

Overview: Gambia vs Guinea-Bissau

The cost of living in Gambia and Guinea-Bissau is relatively low compared to other countries in West Africa. However, Gambia has a slightly higher GDP per capita and a more stable economy, which contributes to its higher cost of living. Despite this, Gambia is still generally cheaper than Guinea-Bissau, with lower prices for rent, food, and transportation. The main reason for this is the difference in economic context, with Gambia having a more developed tourism industry and a stronger service sector, which drives up prices in Guinea-Bissau.

The economic context of the two countries also plays a significant role in determining the cost of living. Gambia has a more diversified economy, with a strong focus on agriculture, manufacturing, and services, while Guinea-Bissau's economy is largely dependent on agriculture and fishing. This diversity in Gambia's economy contributes to a more stable and predictable cost of living, whereas Guinea-Bissau's economy is more vulnerable to fluctuations in global commodity prices. As a result, Gambia is generally around 15-20% cheaper than Guinea-Bissau, making it a more attractive option for expats, students, and retirees looking for an affordable place to live in West Africa.

Rent & Housing Comparison

ItemGambia (USD)Guinea-Bissau (USD)Difference
1BR Apartment (City Center)$200$25020% more expensive in Guinea-Bissau
1BR Apartment (Outside)$150$18016% more expensive in Guinea-Bissau
3BR Apartment (City Center)$400$50020% more expensive in Guinea-Bissau

Food & Dining Comparison

ItemGambia (USD)Guinea-Bissau (USD)Difference
Meal at Restaurant$5$728% more expensive in Guinea-Bissau
Groceries (monthly)$100$12016% more expensive in Guinea-Bissau
Beer (500ml)$2$333% more expensive in Guinea-Bissau
Coffee$1$250% more expensive in Guinea-Bissau

Transport Comparison

ItemGambia (USD)Guinea-Bissau (USD)Difference
Monthly Transit Pass$20$3033% more expensive in Guinea-Bissau
Taxi (per km)$1$1.5033% more expensive in Guinea-Bissau
Fuel (per liter)$0.80$1.0020% more expensive in Guinea-Bissau

Utilities & Internet Comparison

ItemGambia (USD)Guinea-Bissau (USD)Difference
Utilities (85 sqm apt)$50$6016% more expensive in Guinea-Bissau
Internet (60 Mbps)$30$4025% more expensive in Guinea-Bissau
Mobile Plan$10$1533% more expensive in Guinea-Bissau

Monthly Budget Comparison

Budget TierGambia (USD)Guinea-Bissau (USD)Savings
Budget$500$60016% cheaper in Gambia
Mid-Range$800$1,00020% cheaper in Gambia
Comfortable$1,200$1,50020% cheaper in Gambia

Where Each Country Wins

  • Gambia is cheaper for:
  • Rent and housing, with prices around 15-20% lower than in Guinea-Bissau
  • Food and dining, with meal prices around 20-30% lower than in Guinea-Bissau
  • Transportation, with fuel prices around 20% lower than in Guinea-Bissau
  • Utilities and internet, with prices around 10-20% lower than in Guinea-Bissau
  • Guinea-Bissau is cheaper for:
  • Some imported goods, such as electronics and clothing, which can be around 10-20% cheaper than in Gambia
  • Certain types of accommodation, such as guesthouses and hostels, which can be around 10-20% cheaper than in Gambia
  • Some local products, such as crafts and artwork, which can be around 10-20% cheaper than in Gambia
  • Tourist activities, such as guided tours and excursions, which can be around 10-20% cheaper than in Gambia

Bottom Line

Gambia and Guinea-Bissau are both affordable countries to live in, but Gambia is generally the cheaper option. Expats, students, and retirees looking for a low-cost lifestyle will find Gambia to be a more attractive option, with lower prices for rent, food, and transportation. However, Guinea-Bissau has its own unique charm and attractions, and may be a better fit for those looking for a more off-the-beaten-path experience. Ultimately, the choice between Gambia and Guinea-Bissau will depend on individual preferences and priorities. For those who value a more developed tourism infrastructure and a wider range of amenities, Gambia may be the better choice. For those who prefer a more rugged and adventurous experience, Guinea-Bissau may be the way to go.