Cost of living comparison
Iceland is 2.2 times more expensive than Albania.
If you lived in Iceland instead of Albania, you would:
pay 2.2 times more for restaurants
|
Albania
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.37
ALL779
|
$19.40
ISK2,670
|
|
|
Fast food combo meal
McDonalds, or similar
|
$6.97
ALL649
|
$16.94
ISK2,332
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.66
ALL154
|
$2.81
ISK387
|
|
| Bottle of water (11 fl. oz) |
$0.81
ALL75
|
$2.02
ISK278
|
|
pay 99.4% more for groceries
|
Albania
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$0.85
ALL79
|
$2.95
ISK407
|
|
| Local cheese (8 oz) |
$5.29
ALL492
|
$7.27
ISK1,000
|
|
| Milk (1 gallon) |
$7.20
ALL670
|
$6.01
ISK827
|
|
|
Eggs
1 dozen
|
$3.11
ALL290
|
$5.42
ISK746
|
|
| Boneless chicken breast (1 lb) |
$3.11
ALL289
|
$8.51
ISK1,171
|
|
| Apples (1 lb) |
$0.59
ALL55
|
$1.22
ISK168
|
|
| Bananas (1 lb) |
$1.05
ALL97
|
$1.03
ISK141
|
|
| Oranges (1 lb) |
$0.68
ALL63
|
$1.17
ISK161
|
|
| Tomatoes (1 lb) |
$0.67
ALL63
|
$1.87
ISK258
|
|
| Potatoes (1 lb) |
$0.46
ALL43
|
$1.23
ISK170
|
|
| Onions (1 lb) |
$0.51
ALL47
|
$0.78
ISK108
|
|
pay 81.7% more for transportation
|
Albania
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.81
ALL727
|
$8.36
ISK1,151
|
|
| Monthly public transit pass |
$17.64
ALL1,641
|
$71.28
ISK9,812
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$28,265.14
ALL2,629,378
|
$40,660.66
ISK5,596,940
|
|
| Taxi trip in downtown area (5 miles) |
$30.70
ALL2,855
|
$22.04
ISK3,033
|
|
pay 3.6 times more for housing
|
Albania
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$16.01
ALL1,489
|
$72.17
ISK9,935
|
|
| 1-Bedroom apartment in downtown area |
$447.88
ALL41,665
|
$1,838.04
ISK253,006
|
|
| 1-Bedroom apartment outside city center |
$324.85
ALL30,219
|
$1,497.77
ISK206,168
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$57.67
ALL5,365
|
$58.01
ISK7,986
|
|
pay 61.9% more for childcare
|
Albania
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$168.56
ALL15,681
|
$258.16
ISK35,536
|
|
| Middle school for 1 child, two semesters |
$3,514.89
ALL326,974
|
$5,993.99
ISK825,073
|
|
pay 2.5 times more for entertainment and sports
|
Albania
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.60
ALL242
|
$9.19
ISK1,265
|
|
| Cappuccino in mid-range area |
$1.77
ALL165
|
$4.65
ISK640
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.70
ALL344
|
$11.76
ISK1,618
|
|
| Monthly membership at local gym |
$44.45
ALL4,135
|
$61.46
ISK8,460
|
|
| Movie ticket to theater/cinema |
$7.64
ALL711
|
$14.35
ISK1,975
|
|
pay 70.2% more for clothing
|
Albania
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$50.86
ALL4,732
|
$111.23
ISK15,311
|
|
|
Regular dress
from H&M or similar store
|
$40.61
ALL3,778
|
$59.69
ISK8,216
|
|
|
Running shoes
Nike or Adidas
|
$90.86
ALL8,453
|
$148.00
ISK20,372
|
|
| Men's business shoes (leather) |
$121.22
ALL11,277
|
$184.49
ISK25,396
|
|
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