Cost of living comparison
Iceland is 82.2% more expensive than Belize.
If you lived in Iceland instead of Belize, you would:
pay 2.0 times more for restaurants
|
Belize
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.91
BZD17.94
|
$19.51
ISK2,682
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.48
BZD17.07
|
$16.45
ISK2,261
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.31
BZD2.65
|
$2.70
ISK372
|
|
| Bottle of water (11 fl. oz) |
$0.97
BZD1.96
|
$1.95
ISK269
|
|
pay 38.6% more for groceries
|
Belize
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.33
BZD2.68
|
$3.16
ISK434
|
|
| Local cheese (8 oz) |
$7.02
BZD14.13
|
$6.72
ISK923
|
|
| Milk (1 gallon) |
$11.64
BZD23.44
|
$6.27
ISK862
|
|
|
Eggs
1 dozen
|
$2.68
BZD5.40
|
$6.03
ISK829
|
|
| Boneless chicken breast (1 lb) |
$2.56
BZD5.16
|
$7.60
ISK1,045
|
|
| Apples (1 lb) |
$2.92
BZD5.87
|
$1.13
ISK155
|
|
| Bananas (1 lb) |
$0.68
BZD1.37
|
$1.01
ISK139
|
|
| Oranges (1 lb) |
$0.69
BZD1.39
|
$1.15
ISK159
|
|
| Tomatoes (1 lb) |
$1.38
BZD2.78
|
$1.71
ISK235
|
|
| Potatoes (1 lb) |
$1.32
BZD2.66
|
$1.13
ISK155
|
|
| Onions (1 lb) |
$1.28
BZD2.57
|
$0.68
ISK94
|
|
pay 56.5% more for transportation
|
Belize
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.98
BZD14.05
|
$8.42
ISK1,157
|
|
| Monthly public transit pass |
$23.82
BZD47.96
|
$68.29
ISK9,387
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$27,386.00
BZD55,134.43
|
$39,714.69
ISK5,458,784
|
|
| Taxi trip in downtown area (5 miles) |
$31.59
BZD63.59
|
$23.23
ISK3,193
|
|
pay 88.2% more for housing
|
Belize
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$74.93
BZD150.84
|
$74.47
ISK10,236
|
|
| 1-Bedroom apartment in downtown area |
$647.84
BZD1,304.24
|
$1,518.94
ISK208,778
|
|
| 1-Bedroom apartment outside city center |
$390.75
BZD786.67
|
$1,325.48
ISK182,187
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$83.96
BZD169.03
|
$66.99
ISK9,208
|
|
pay (unknown) more for childcare
|
Belize
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly | ?? |
$254.97
ISK35,045
|
|
| Middle school for 1 child, two semesters | ?? |
$5,993.83
ISK823,851
|
pay 2.2 times more for entertainment and sports
|
Belize
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.74
BZD5.52
|
$9.37
ISK1,288
|
|
| Cappuccino in mid-range area |
$3.34
BZD6.73
|
$4.61
ISK634
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.67
BZD7.38
|
$11.22
ISK1,542
|
|
| Monthly membership at local gym |
$39.02
BZD78.56
|
$60.00
ISK8,247
|
|
| Movie ticket to theater/cinema |
$9.59
BZD19.32
|
$13.94
ISK1,916
|
|
pay 88.3% more for clothing
|
Belize
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$37.39
BZD75.28
|
$108.23
ISK14,877
|
|
|
Regular dress
from H&M or similar store
|
$32.46
BZD65.35
|
$59.73
ISK8,210
|
|
|
Running shoes
Nike or Adidas
|
$100.00
BZD201.33
|
$146.94
ISK20,197
|
|
| Men's business shoes (leather) |
$127.15
BZD255.99
|
$169.24
ISK23,262
|
|
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