Cost of living comparison
Iceland is 21.1% more expensive than Albuquerque.
- Restaurants
-
pay 23.4% more in Iceland
- Groceries
-
pay 17.5% more in Iceland
- Transportation
-
pay 66.7% more in Iceland
- Housing
-
pay 3.7% less in Iceland
- Childcare
-
pay 39.6% less in Iceland
- Entertainment and Sports
-
pay 28.4% more in Iceland
- Clothing
-
pay 55.1% more in Iceland
The cost of transportation, clothing, entertainment and sports, restaurants, and groceries in Iceland are more expensive than in Albuquerque. Expenses including childcare and housing are lower in Iceland.
If you lived in Iceland instead of Albuquerque, you would:
pay 23.4% more for restaurants
|
Albuquerque
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$18.00
|
$19.40
ISK2,346
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.00
|
$16.94
ISK2,049
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.75
|
$2.81
ISK340
|
|
| Bottle of water (11 fl. oz) |
$1.77
|
$2.02
ISK244
|
|
pay 17.5% more for groceries
|
Albuquerque
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.70
|
$2.95
ISK357
|
|
| Local cheese (8 oz) |
$6.52
|
$7.27
ISK879
|
|
| Milk (1 gallon) |
$3.86
|
$6.01
ISK726
|
|
|
Eggs
1 dozen
|
$3.40
|
$5.42
ISK655
|
|
| Boneless chicken breast (1 lb) |
$4.15
|
$8.51
ISK1,029
|
|
| Apples (1 lb) |
$2.21
|
$1.22
ISK148
|
|
| Bananas (1 lb) |
$0.68
|
$1.03
ISK124
|
|
| Oranges (1 lb) |
$2.43
|
$1.17
ISK142
|
|
| Tomatoes (1 lb) |
$1.79
|
$1.87
ISK227
|
|
| Potatoes (1 lb) |
$0.93
|
$1.23
ISK149
|
|
| Onions (1 lb) |
$1.29
|
$0.78
ISK95
|
|
pay 66.7% more for transportation
|
Albuquerque
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.33
|
$8.36
ISK1,011
|
|
| Monthly public transit pass | ?? |
$71.28
ISK8,620
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$32,778.08
|
$40,660.66
ISK4,917,094
|
|
| Taxi trip in downtown area (5 miles) |
$17.66
|
$22.04
ISK2,665
|
|
pay 3.7% less for housing
|
Albuquerque
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$79.54
|
$72.17
ISK8,728
|
|
| 1-Bedroom apartment in downtown area |
$1,472.67
|
$1,838.04
ISK222,274
|
|
| 1-Bedroom apartment outside city center |
$1,120.44
|
$1,497.77
ISK181,125
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$161.75
|
$58.01
ISK7,016
|
|
pay 39.6% less for childcare
|
Albuquerque
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,233.33
|
$258.16
ISK31,220
|
|
| Middle school for 1 child, two semesters |
$6,000.00
|
$5,993.99
ISK724,854
|
|
pay 28.4% more for entertainment and sports
|
Albuquerque
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$6.00
|
$9.19
ISK1,111
|
|
| Cappuccino in mid-range area |
$4.75
|
$4.65
ISK562
|
|
|
Pack of cigarettes
Marlboro or similar
|
$9.50
|
$11.76
ISK1,422
|
|
| Monthly membership at local gym |
$37.75
|
$61.46
ISK7,432
|
|
| Movie ticket to theater/cinema |
$13.75
|
$14.35
ISK1,735
|
|
pay 55.1% more for clothing
|
Albuquerque
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$56.44
|
$111.23
ISK13,451
|
|
|
Regular dress
from H&M or similar store
|
$48.75
|
$59.69
ISK7,218
|
|
|
Running shoes
Nike or Adidas
|
$100.00
|
$148.00
ISK17,898
|
|
| Men's business shoes (leather) |
$120.50
|
$184.49
ISK22,311
|
|
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