Cost of living comparison
Iceland is 18.3% more expensive than British Virgin Islands overall.
- Restaurants
-
pay 21.2% more in Iceland
- Groceries
-
pay 19.0% less in Iceland
- Transportation
-
pay 80.3% more in Iceland
- Housing
-
pay 8.6% less in Iceland
- Childcare
-
pay 36.5% less in Iceland
- Entertainment and Sports
-
pay 44.6% more in Iceland
- Clothing
-
pay 46.4% more in Iceland
The cost of transportation, clothing, entertainment and sports, and restaurants in Iceland are more expensive than in British Virgin Islands. Expenses including childcare, groceries, and housing are lower in Iceland. Notably, transportation is significantly more expensive in Iceland.
If you lived in Iceland instead of British Virgin Islands, you would:
pay 21.2% more for restaurants
|
British Virgin Islands
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$24.49
|
$19.40
ISK2,468
|
|
|
Fast food combo meal
McDonalds, or similar
|
$13.25
|
$16.94
ISK2,156
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.97
|
$2.81
ISK358
|
|
| Bottle of water (11 fl. oz) |
$1.50
|
$2.02
ISK257
|
|
pay 19.0% less for groceries
|
British Virgin Islands
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$4.96
|
$2.95
ISK376
|
|
| Local cheese (8 oz) |
$7.75
|
$7.27
ISK924
|
|
| Milk (1 gallon) |
$9.43
|
$6.01
ISK764
|
|
|
Eggs
1 dozen
|
$6.10
|
$5.42
ISK690
|
|
| Boneless chicken breast (1 lb) |
$5.21
|
$8.51
ISK1,083
|
|
| Apples (1 lb) |
$1.56
|
$1.22
ISK156
|
|
| Bananas (1 lb) |
$1.59
|
$1.03
ISK131
|
|
| Oranges (1 lb) |
$0.91
|
$1.17
ISK149
|
|
| Tomatoes (1 lb) |
$3.22
|
$1.87
ISK238
|
|
| Potatoes (1 lb) |
$2.39
|
$1.23
ISK157
|
|
| Onions (1 lb) |
$1.95
|
$0.78
ISK100
|
|
pay 80.3% more for transportation
|
British Virgin Islands
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.64
|
$8.36
ISK1,064
|
|
| Monthly public transit pass | ?? |
$71.28
ISK9,070
|
|
| New Volkswagen Golf 1.4 (standard edition) | ?? |
$40,660.66
ISK5,174,069
|
|
| Taxi trip in downtown area (5 miles) | ?? |
$22.04
ISK2,804
|
|
pay 8.6% less for housing
|
British Virgin Islands
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$120.00
|
$72.17
ISK9,184
|
|
| 1-Bedroom apartment in downtown area |
$1,458.33
|
$1,838.04
ISK233,890
|
|
| 1-Bedroom apartment outside city center |
$1,183.33
|
$1,497.77
ISK190,591
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$110.12
|
$58.01
ISK7,382
|
|
pay 36.5% less for childcare
|
British Virgin Islands
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$375.00
|
$258.16
ISK32,851
|
|
| Middle school for 1 child, two semesters |
$10,320.00
|
$5,993.99
ISK762,736
|
|
pay 44.6% more for entertainment and sports
|
British Virgin Islands
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.75
|
$9.19
ISK1,169
|
|
| Cappuccino in mid-range area |
$6.04
|
$4.65
ISK591
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.00
|
$11.76
ISK1,496
|
|
| Monthly membership at local gym |
$120.00
|
$61.46
ISK7,821
|
|
| Movie ticket to theater/cinema |
$12.50
|
$14.35
ISK1,826
|
|
pay 46.4% more for clothing
|
British Virgin Islands
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$47.50
|
$111.23
ISK14,154
|
|
|
Regular dress
from H&M or similar store
|
$55.00
|
$59.69
ISK7,595
|
|
|
Running shoes
Nike or Adidas
|
$155.00
|
$148.00
ISK18,833
|
|
| Men's business shoes (leather) |
$125.00
|
$184.49
ISK23,477
|
|
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