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
BDT161.68
|
$19.40
ISK2,670
|
|
|
Fast food combo meal
McDonalds, or similar
|
$4.41
BDT528.14
|
$16.94
ISK2,332
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.25
BDT30.38
|
$2.81
ISK387
|
|
| Bottle of water (11 fl. oz) |
$0.16
BDT18.59
|
$2.02
ISK278
|
|
pay 4.4 times more for groceries
|
Bangladesh
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$0.52
BDT62.50
|
$2.95
ISK407
|
|
| Local cheese (8 oz) |
$3.80
BDT455.39
|
$7.27
ISK1,000
|
|
| Milk (1 gallon) |
$2.60
BDT312.17
|
$6.01
ISK827
|
|
|
Eggs
1 dozen
|
$1.11
BDT133.44
|
$5.42
ISK746
|
|
| Boneless chicken breast (1 lb) |
$1.00
BDT119.94
|
$8.51
ISK1,171
|
|
| Apples (1 lb) |
$0.88
BDT105.80
|
$1.22
ISK168
|
|
| Bananas (1 lb) |
$0.35
BDT42.05
|
$1.03
ISK141
|
|
| Oranges (1 lb) |
$0.80
BDT95.88
|
$1.17
ISK161
|
|
| Tomatoes (1 lb) |
$0.26
BDT31.57
|
$1.87
ISK258
|
|
| Potatoes (1 lb) |
$0.14
BDT16.44
|
$1.23
ISK170
|
|
| Onions (1 lb) |
$0.25
BDT29.96
|
$0.78
ISK108
|
|
pay 3.9 times more for transportation
|
Bangladesh
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.68
BDT441.31
|
$8.36
ISK1,151
|
|
| Monthly public transit pass |
$12.31
BDT1,474.96
|
$71.28
ISK9,812
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$25,789.60
BDT3,091,181.17
|
$40,660.66
ISK5,596,940
|
|
| Taxi trip in downtown area (5 miles) |
$3.61
BDT432.49
|
$22.04
ISK3,033
|
|
pay 15.8 times more for housing
|
Bangladesh
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$15.51
BDT1,858.89
|
$72.17
ISK9,935
|
|
| 1-Bedroom apartment in downtown area |
$75.62
BDT9,064.12
|
$1,838.04
ISK253,006
|
|
| 1-Bedroom apartment outside city center |
$47.62
BDT5,707.55
|
$1,497.77
ISK206,168
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$20.70
BDT2,480.82
|
$58.01
ISK7,986
|
|
pay 7.4 times more for childcare
|
Bangladesh
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$30.22
BDT3,622.68
|
$258.16
ISK35,536
|
|
| Middle school for 1 child, two semesters |
$962.19
BDT115,329.16
|
$5,993.99
ISK825,073
|
|
pay 3.9 times more for entertainment and sports
|
Bangladesh
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.80
BDT456.01
|
$9.19
ISK1,265
|
|
| Cappuccino in mid-range area |
$1.37
BDT164.68
|
$4.65
ISK640
|
|
|
Pack of cigarettes
Marlboro or similar
|
$2.59
BDT310.46
|
$11.76
ISK1,618
|
|
| Monthly membership at local gym |
$11.68
BDT1,400.45
|
$61.46
ISK8,460
|
|
| Movie ticket to theater/cinema |
$3.67
BDT440.28
|
$14.35
ISK1,975
|
|
pay 4.9 times more for clothing
|
Bangladesh
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$17.35
BDT2,079.71
|
$111.23
ISK15,311
|
|
|
Regular dress
from H&M or similar store
|
$16.87
BDT2,022.61
|
$59.69
ISK8,216
|
|
|
Running shoes
Nike or Adidas
|
$36.90
BDT4,422.76
|
$148.00
ISK20,372
|
|
| Men's business shoes (leather) |
$33.09
BDT3,965.69
|
$184.49
ISK25,396
|
|
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