Cost of living comparison
Iceland is 5.4% more expensive than Bahamas overall.
- Restaurants
-
pay 5.2% more in Iceland
- Groceries
-
pay 10.4% less in Iceland
- Transportation
-
pay 25.1% more in Iceland
- Housing
-
pay 13.7% less in Iceland
- Childcare
-
pay 37.9% less in Iceland
- Entertainment and Sports
-
pay 11.1% more in Iceland
- Clothing
-
pay 58.7% more in Iceland
The cost of clothing, transportation, entertainment and sports, and restaurants in Iceland are more expensive than in Bahamas. Expenses including childcare, housing, and groceries are lower in Iceland.
If you lived in Iceland instead of Bahamas, you would:
pay 5.2% more for restaurants
|
Bahamas
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$30.33
BSD30.33
|
$19.40
ISK2,475
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.58
BSD10.58
|
$16.94
ISK2,162
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.73
BSD2.73
|
$2.81
ISK359
|
|
| Bottle of water (11 fl. oz) |
$2.15
BSD2.15
|
$2.02
ISK258
|
|
pay 10.4% less for groceries
|
Bahamas
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$4.38
BSD4.38
|
$2.95
ISK377
|
|
| Local cheese (8 oz) |
$4.32
BSD4.32
|
$7.27
ISK927
|
|
| Milk (1 gallon) |
$14.05
BSD14.05
|
$6.01
ISK766
|
|
|
Eggs
1 dozen
|
$5.32
BSD5.32
|
$5.42
ISK692
|
|
| Boneless chicken breast (1 lb) |
$4.62
BSD4.62
|
$8.51
ISK1,086
|
|
| Apples (1 lb) |
$1.74
BSD1.74
|
$1.22
ISK156
|
|
| Bananas (1 lb) |
$1.44
BSD1.44
|
$1.03
ISK131
|
|
| Oranges (1 lb) |
$1.73
BSD1.73
|
$1.17
ISK149
|
|
| Tomatoes (1 lb) |
$2.10
BSD2.10
|
$1.87
ISK239
|
|
| Potatoes (1 lb) |
$1.89
BSD1.89
|
$1.23
ISK158
|
|
| Onions (1 lb) |
$1.37
BSD1.37
|
$0.78
ISK100
|
|
pay 25.1% more for transportation
|
Bahamas
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$5.16
BSD5.16
|
$8.36
ISK1,067
|
|
| Monthly public transit pass |
$45.00
BSD45.00
|
$71.28
ISK9,096
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$37,500.00
BSD37,500.00
|
$40,660.66
ISK5,188,707
|
|
| Taxi trip in downtown area (5 miles) |
$30.85
BSD30.85
|
$22.04
ISK2,812
|
|
pay 13.7% less for housing
|
Bahamas
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$73.43
BSD73.43
|
$72.17
ISK9,210
|
|
| 1-Bedroom apartment in downtown area |
$1,522.92
BSD1,522.92
|
$1,838.04
ISK234,552
|
|
| 1-Bedroom apartment outside city center |
$1,550.00
BSD1,550.00
|
$1,497.77
ISK191,130
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$197.45
BSD197.45
|
$58.01
ISK7,403
|
|
pay 37.9% less for childcare
|
Bahamas
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$453.33
BSD453.33
|
$258.16
ISK32,944
|
|
| Middle school for 1 child, two semesters |
$8,905.56
BSD8,905.56
|
$5,993.99
ISK764,894
|
|
pay 11.1% more for entertainment and sports
|
Bahamas
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$4.33
BSD4.33
|
$9.19
ISK1,172
|
|
| Cappuccino in mid-range area |
$6.02
BSD6.02
|
$4.65
ISK593
|
|
|
Pack of cigarettes
Marlboro or similar
|
$10.66
BSD10.66
|
$11.76
ISK1,500
|
|
| Monthly membership at local gym |
$80.69
BSD80.69
|
$61.46
ISK7,843
|
|
| Movie ticket to theater/cinema |
$18.00
BSD18.00
|
$14.35
ISK1,831
|
|
pay 58.7% more for clothing
|
Bahamas
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$57.50
BSD57.50
|
$111.23
ISK14,194
|
|
|
Regular dress
from H&M or similar store
|
$50.83
BSD50.83
|
$59.69
ISK7,617
|
|
|
Running shoes
Nike or Adidas
|
$106.00
BSD106.00
|
$148.00
ISK18,886
|
|
| Men's business shoes (leather) |
$100.00
BSD100.00
|
$184.49
ISK23,543
|
|
Change currency:
Help us improve these prices
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Iceland or Bahamas. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.