Cost of living comparison
Iceland is 3.0 times more expensive than Burma.
If you lived in Iceland instead of Burma, you would:
pay 4.9 times more for restaurants
|
Burma
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$1.97
MMK4,134
|
$19.51
ISK2,682
|
|
|
Fast food combo meal
McDonalds, or similar
|
$6.63
MMK13,900
|
$16.45
ISK2,261
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.73
MMK1,521
|
$2.70
ISK372
|
|
| Bottle of water (11 fl. oz) |
$0.59
MMK1,232
|
$1.95
ISK269
|
|
pay 2.1 times more for groceries
|
Burma
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.31
MMK2,738
|
$3.16
ISK434
|
|
| Local cheese (8 oz) |
$5.23
MMK10,974
|
$6.72
ISK923
|
|
| Milk (1 gallon) |
$5.85
MMK12,276
|
$6.27
ISK862
|
|
|
Eggs
1 dozen
|
$1.29
MMK2,712
|
$6.03
ISK829
|
|
| Boneless chicken breast (1 lb) |
$2.90
MMK6,078
|
$7.60
ISK1,045
|
|
| Apples (1 lb) |
$1.58
MMK3,307
|
$1.13
ISK155
|
|
| Bananas (1 lb) |
$0.44
MMK914
|
$1.01
ISK139
|
|
| Oranges (1 lb) |
$0.94
MMK1,967
|
$1.15
ISK159
|
|
| Tomatoes (1 lb) |
$0.53
MMK1,106
|
$1.71
ISK235
|
|
| Potatoes (1 lb) |
$0.54
MMK1,137
|
$1.13
ISK155
|
|
| Onions (1 lb) |
$0.49
MMK1,035
|
$0.68
ISK94
|
|
pay 2.6 times more for transportation
|
Burma
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$20.89
MMK43,836
|
$8.42
ISK1,157
|
|
| Monthly public transit pass |
$10.82
MMK22,707
|
$68.29
ISK9,387
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$37,986.21
MMK79,695,060
|
$39,714.69
ISK5,458,784
|
|
| Taxi trip in downtown area (5 miles) |
$8.25
MMK17,315
|
$23.23
ISK3,193
|
|
pay 3.2 times more for housing
|
Burma
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$61.51
MMK129,040
|
$74.47
ISK10,236
|
|
| 1-Bedroom apartment in downtown area |
$499.50
MMK1,047,951
|
$1,518.94
ISK208,778
|
|
| 1-Bedroom apartment outside city center |
$210.58
MMK441,787
|
$1,325.48
ISK182,187
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$29.04
MMK60,927
|
$66.99
ISK9,208
|
|
pay 38.6% less for childcare
|
Burma
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$383.33
MMK804,233
|
$254.97
ISK35,045
|
|
| Middle school for 1 child, two semesters |
$10,666.67
MMK22,378,667
|
$5,993.83
ISK823,851
|
|
pay 5.5 times more for entertainment and sports
|
Burma
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$0.90
MMK1,880
|
$9.37
ISK1,288
|
|
| Cappuccino in mid-range area |
$2.03
MMK4,259
|
$4.61
ISK634
|
|
|
Pack of cigarettes
Marlboro or similar
|
$1.37
MMK2,873
|
$11.22
ISK1,542
|
|
| Monthly membership at local gym |
$21.82
MMK45,771
|
$60.00
ISK8,247
|
|
| Movie ticket to theater/cinema |
$3.42
MMK7,181
|
$13.94
ISK1,916
|
|
pay 69.6% more for clothing
|
Burma
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$47.63
MMK99,931
|
$108.23
ISK14,877
|
|
|
Regular dress
from H&M or similar store
|
$58.95
MMK123,671
|
$59.73
ISK8,210
|
|
|
Running shoes
Nike or Adidas
|
$83.75
MMK175,716
|
$146.94
ISK20,197
|
|
| Men's business shoes (leather) |
$97.04
MMK203,596
|
$169.24
ISK23,262
|
|
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