Cost of living comparison
Iceland is 24.7% more expensive than Barbados overall.
- Restaurants
-
pay 30.4% more in Iceland
- Groceries
-
pay 21.6% less in Iceland
- Transportation
-
pay 2.7% more in Iceland
- Housing
-
pay 69.7% more in Iceland
- Childcare
-
pay 11.4% less in Iceland
- Entertainment and Sports
-
pay 65.9% more in Iceland
- Clothing
-
pay 36.9% more in Iceland
The cost of housing, entertainment and sports, clothing, restaurants, and transportation in Iceland are more expensive than in Barbados. Expenses including groceries and childcare are lower in Iceland.
If you lived in Iceland instead of Barbados, you would:
pay 30.4% more for restaurants
|
Barbados
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$31.67
BBD63.33
|
$19.40
ISK2,584
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.75
BBD21.50
|
$16.94
ISK2,257
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.79
BBD3.58
|
$2.81
ISK374
|
|
| Bottle of water (11 fl. oz) |
$1.39
BBD2.77
|
$2.02
ISK269
|
|
pay 21.6% less for groceries
|
Barbados
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.57
BBD5.15
|
$2.95
ISK394
|
|
| Local cheese (8 oz) |
$7.32
BBD14.65
|
$7.27
ISK968
|
|
| Milk (1 gallon) |
$13.65
BBD27.30
|
$6.01
ISK800
|
|
|
Eggs
1 dozen
|
$5.22
BBD10.44
|
$5.42
ISK722
|
|
| Boneless chicken breast (1 lb) |
$6.15
BBD12.30
|
$8.51
ISK1,133
|
|
| Apples (1 lb) |
$1.78
BBD3.57
|
$1.22
ISK163
|
|
| Bananas (1 lb) |
$1.42
BBD2.83
|
$1.03
ISK137
|
|
| Oranges (1 lb) |
$2.52
BBD5.05
|
$1.17
ISK156
|
|
| Tomatoes (1 lb) |
$2.65
BBD5.29
|
$1.87
ISK250
|
|
| Potatoes (1 lb) |
$1.92
BBD3.83
|
$1.23
ISK164
|
|
| Onions (1 lb) |
$1.98
BBD3.96
|
$0.78
ISK105
|
|
pay 2.7% more for transportation
|
Barbados
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.82
BBD15.64
|
$8.36
ISK1,114
|
|
| Monthly public transit pass |
$51.00
BBD102.00
|
$71.28
ISK9,494
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$41,250.00
BBD82,500.00
|
$40,660.66
ISK5,416,000
|
|
| Taxi trip in downtown area (5 miles) |
$33.60
BBD67.20
|
$22.04
ISK2,935
|
|
pay 69.7% more for housing
|
Barbados
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$59.67
BBD119.33
|
$72.17
ISK9,614
|
|
| 1-Bedroom apartment in downtown area |
$716.11
BBD1,432.22
|
$1,838.04
ISK244,827
|
|
| 1-Bedroom apartment outside city center |
$615.56
BBD1,231.11
|
$1,497.77
ISK199,503
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$100.37
BBD200.74
|
$58.01
ISK7,728
|
|
pay 11.4% less for childcare
|
Barbados
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$318.06
BBD636.11
|
$258.16
ISK34,388
|
|
| Middle school for 1 child, two semesters |
$6,250.00
BBD12,500.00
|
$5,993.99
ISK798,400
|
|
pay 65.9% more for entertainment and sports
|
Barbados
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.43
BBD4.86
|
$9.19
ISK1,224
|
|
| Cappuccino in mid-range area |
$4.68
BBD9.36
|
$4.65
ISK619
|
|
|
Pack of cigarettes
Marlboro or similar
|
$8.70
BBD17.40
|
$11.76
ISK1,566
|
|
| Monthly membership at local gym |
$79.38
BBD158.75
|
$61.46
ISK8,186
|
|
| Movie ticket to theater/cinema |
$10.25
BBD20.50
|
$14.35
ISK1,911
|
|
pay 36.9% more for clothing
|
Barbados
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$66.94
BBD133.89
|
$111.23
ISK14,816
|
|
|
Regular dress
from H&M or similar store
|
$57.50
BBD115.00
|
$59.69
ISK7,951
|
|
|
Running shoes
Nike or Adidas
|
$142.01
BBD284.03
|
$148.00
ISK19,713
|
|
| Men's business shoes (leather) |
$106.39
BBD212.78
|
$184.49
ISK24,575
|
|
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