Cost of living comparison
Iceland is 7.3 times more expensive than Bangladesh.
If you lived in Iceland instead of Bangladesh, you would:
pay 10.6 times more for restaurants
|
Bangladesh
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$1.35
BDT160.55
|
$19.40
ISK2,699
|
|
|
Fast food combo meal
McDonalds, or similar
|
$4.41
BDT524.43
|
$16.94
ISK2,357
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.25
BDT30.16
|
$2.81
ISK391
|
|
| Bottle of water (11 fl. oz) |
$0.16
BDT18.46
|
$2.02
ISK281
|
|
pay 4.4 times more for groceries
|
Bangladesh
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$0.52
BDT62.06
|
$2.95
ISK411
|
|
| Local cheese (8 oz) |
$3.80
BDT452.19
|
$7.27
ISK1,011
|
|
| Milk (1 gallon) |
$2.60
BDT309.98
|
$6.01
ISK836
|
|
|
Eggs
1 dozen
|
$1.11
BDT132.50
|
$5.42
ISK754
|
|
| Boneless chicken breast (1 lb) |
$1.00
BDT119.10
|
$8.51
ISK1,184
|
|
| Apples (1 lb) |
$0.88
BDT105.06
|
$1.22
ISK170
|
|
| Bananas (1 lb) |
$0.35
BDT41.76
|
$1.03
ISK143
|
|
| Oranges (1 lb) |
$0.80
BDT95.21
|
$1.17
ISK163
|
|
| Tomatoes (1 lb) |
$0.26
BDT31.35
|
$1.87
ISK261
|
|
| Potatoes (1 lb) |
$0.14
BDT16.33
|
$1.23
ISK172
|
|
| Onions (1 lb) |
$0.25
BDT29.75
|
$0.78
ISK109
|
|
pay 3.9 times more for transportation
|
Bangladesh
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.68
BDT438.21
|
$8.36
ISK1,163
|
|
| Monthly public transit pass |
$12.31
BDT1,464.61
|
$71.28
ISK9,917
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$25,789.60
BDT3,069,490.01
|
$40,660.66
ISK5,657,118
|
|
| Taxi trip in downtown area (5 miles) |
$3.61
BDT429.45
|
$22.04
ISK3,066
|
|
pay 15.8 times more for housing
|
Bangladesh
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$15.51
BDT1,845.85
|
$72.17
ISK10,042
|
|
| 1-Bedroom apartment in downtown area |
$75.62
BDT9,000.52
|
$1,838.04
ISK255,726
|
|
| 1-Bedroom apartment outside city center |
$47.62
BDT5,667.50
|
$1,497.77
ISK208,385
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$20.70
BDT2,463.41
|
$58.01
ISK8,072
|
|
pay 7.4 times more for childcare
|
Bangladesh
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$30.22
BDT3,597.26
|
$258.16
ISK35,918
|
|
| Middle school for 1 child, two semesters |
$962.19
BDT114,519.88
|
$5,993.99
ISK833,944
|
|
pay 3.9 times more for entertainment and sports
|
Bangladesh
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.80
BDT452.81
|
$9.19
ISK1,278
|
|
| Cappuccino in mid-range area |
$1.37
BDT163.52
|
$4.65
ISK647
|
|
|
Pack of cigarettes
Marlboro or similar
|
$2.59
BDT308.28
|
$11.76
ISK1,636
|
|
| Monthly membership at local gym |
$11.68
BDT1,390.62
|
$61.46
ISK8,551
|
|
| Movie ticket to theater/cinema |
$3.67
BDT437.19
|
$14.35
ISK1,996
|
|
pay 4.9 times more for clothing
|
Bangladesh
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$17.35
BDT2,065.12
|
$111.23
ISK15,476
|
|
|
Regular dress
from H&M or similar store
|
$16.87
BDT2,008.42
|
$59.69
ISK8,305
|
|
|
Running shoes
Nike or Adidas
|
$36.90
BDT4,391.73
|
$148.00
ISK20,591
|
|
| Men's business shoes (leather) |
$33.09
BDT3,937.86
|
$184.49
ISK25,669
|
|
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