Cost of living comparison
Iceland is 2.9 times more expensive than Brazil.
If you lived in Iceland instead of Brazil, you would:
pay 3.2 times more for restaurants
|
Brazil
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$5.09
R$29.53
|
$19.40
ISK2,670
|
|
|
Fast food combo meal
McDonalds, or similar
|
$5.99
R$34.70
|
$16.94
ISK2,332
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.99
R$5.72
|
$2.81
ISK387
|
|
| Bottle of water (11 fl. oz) |
$0.60
R$3.50
|
$2.02
ISK278
|
|
pay 2.5 times more for groceries
|
Brazil
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.36
R$7.87
|
$2.95
ISK407
|
|
| Local cheese (8 oz) |
$3.98
R$23.05
|
$7.27
ISK1,000
|
|
| Milk (1 gallon) |
$3.44
R$19.94
|
$6.01
ISK827
|
|
|
Eggs
1 dozen
|
$1.87
R$10.84
|
$5.42
ISK746
|
|
| Boneless chicken breast (1 lb) |
$1.52
R$8.84
|
$8.51
ISK1,171
|
|
| Apples (1 lb) |
$0.81
R$4.70
|
$1.22
ISK168
|
|
| Bananas (1 lb) |
$0.53
R$3.06
|
$1.03
ISK141
|
|
| Oranges (1 lb) |
$0.45
R$2.62
|
$1.17
ISK161
|
|
| Tomatoes (1 lb) |
$0.63
R$3.65
|
$1.87
ISK258
|
|
| Potatoes (1 lb) |
$0.49
R$2.83
|
$1.23
ISK170
|
|
| Onions (1 lb) |
$0.46
R$2.67
|
$0.78
ISK108
|
|
pay 2.3 times more for transportation
|
Brazil
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.67
R$21.25
|
$8.36
ISK1,151
|
|
| Monthly public transit pass |
$39.48
R$228.85
|
$71.28
ISK9,812
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$19,264.28
R$111,674.05
|
$40,660.66
ISK5,596,940
|
|
| Taxi trip in downtown area (5 miles) |
$7.39
R$42.85
|
$22.04
ISK3,033
|
|
pay 4.8 times more for housing
|
Brazil
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$17.79
R$103.13
|
$72.17
ISK9,935
|
|
| 1-Bedroom apartment in downtown area |
$286.10
R$1,658.52
|
$1,838.04
ISK253,006
|
|
| 1-Bedroom apartment outside city center |
$200.36
R$1,161.50
|
$1,497.77
ISK206,168
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$49.32
R$285.89
|
$58.01
ISK7,986
|
|
pay 5.2% less for childcare
|
Brazil
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$259.04
R$1,501.62
|
$258.16
ISK35,536
|
|
| Middle school for 1 child, two semesters |
$6,658.88
R$38,601.22
|
$5,993.99
ISK825,073
|
|
pay 4.0 times more for entertainment and sports
|
Brazil
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.55
R$9.00
|
$9.19
ISK1,265
|
|
| Cappuccino in mid-range area |
$1.55
R$9.00
|
$4.65
ISK640
|
|
|
Pack of cigarettes
Marlboro or similar
|
$1.94
R$11.25
|
$11.76
ISK1,618
|
|
| Monthly membership at local gym |
$21.85
R$126.67
|
$61.46
ISK8,460
|
|
| Movie ticket to theater/cinema |
$5.84
R$33.84
|
$14.35
ISK1,975
|
|
pay 2.4 times more for clothing
|
Brazil
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$43.13
R$250.01
|
$111.23
ISK15,311
|
|
|
Regular dress
from H&M or similar store
|
$39.67
R$229.97
|
$59.69
ISK8,216
|
|
|
Running shoes
Nike or Adidas
|
$69.89
R$405.14
|
$148.00
ISK20,372
|
|
| Men's business shoes (leather) |
$56.60
R$328.09
|
$184.49
ISK25,396
|
|
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