Cost of living comparison
Iceland is 3.1 times more expensive than Burma.
If you lived in Iceland instead of Burma, you would:
pay 4.3 times more for restaurants
|
Burma
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$2.54
MMK5,318
|
$19.40
ISK2,699
|
|
|
Fast food combo meal
McDonalds, or similar
|
$6.79
MMK14,235
|
$16.94
ISK2,357
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.73
MMK1,534
|
$2.81
ISK391
|
|
| Bottle of water (11 fl. oz) |
$0.62
MMK1,308
|
$2.02
ISK281
|
|
pay 93.2% more for groceries
|
Burma
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.06
MMK2,215
|
$2.95
ISK411
|
|
| Local cheese (8 oz) |
$4.44
MMK9,309
|
$7.27
ISK1,011
|
|
| Milk (1 gallon) |
$5.93
MMK12,432
|
$6.01
ISK836
|
|
|
Eggs
1 dozen
|
$1.28
MMK2,690
|
$5.42
ISK754
|
|
| Boneless chicken breast (1 lb) |
$2.65
MMK5,569
|
$8.51
ISK1,184
|
|
| Apples (1 lb) |
$2.15
MMK4,518
|
$1.22
ISK170
|
|
| Bananas (1 lb) |
$0.47
MMK985
|
$1.03
ISK143
|
|
| Oranges (1 lb) |
$0.98
MMK2,046
|
$1.17
ISK163
|
|
| Tomatoes (1 lb) |
$0.90
MMK1,887
|
$1.87
ISK261
|
|
| Potatoes (1 lb) |
$0.98
MMK2,066
|
$1.23
ISK172
|
|
| Onions (1 lb) |
$0.73
MMK1,523
|
$0.78
ISK109
|
|
pay 2.9 times more for transportation
|
Burma
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$18.28
MMK38,352
|
$8.36
ISK1,163
|
|
| Monthly public transit pass |
$9.83
MMK20,621
|
$71.28
ISK9,917
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$37,986.21
MMK79,695,060
|
$40,660.66
ISK5,657,118
|
|
| Taxi trip in downtown area (5 miles) |
$7.99
MMK16,770
|
$22.04
ISK3,066
|
|
pay 3.9 times more for housing
|
Burma
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$67.88
MMK142,420
|
$72.17
ISK10,042
|
|
| 1-Bedroom apartment in downtown area |
$363.80
MMK763,252
|
$1,838.04
ISK255,726
|
|
| 1-Bedroom apartment outside city center |
$206.29
MMK432,792
|
$1,497.77
ISK208,385
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$25.72
MMK53,967
|
$58.01
ISK8,072
|
|
pay 5.0% more for childcare
|
Burma
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$183.10
MMK384,144
|
$258.16
ISK35,918
|
|
| Middle school for 1 child, two semesters |
$8,690.47
MMK18,232,613
|
$5,993.99
ISK833,944
|
|
pay 5.8 times more for entertainment and sports
|
Burma
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$0.95
MMK1,983
|
$9.19
ISK1,278
|
|
| Cappuccino in mid-range area |
$1.68
MMK3,515
|
$4.65
ISK647
|
|
|
Pack of cigarettes
Marlboro or similar
|
$1.29
MMK2,711
|
$11.76
ISK1,636
|
|
| Monthly membership at local gym |
$19.95
MMK41,850
|
$61.46
ISK8,551
|
|
| Movie ticket to theater/cinema |
$3.16
MMK6,630
|
$14.35
ISK1,996
|
|
pay 58.1% more for clothing
|
Burma
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$42.82
MMK89,835
|
$111.23
ISK15,476
|
|
|
Regular dress
from H&M or similar store
|
$66.55
MMK139,619
|
$59.69
ISK8,305
|
|
|
Running shoes
Nike or Adidas
|
$89.27
MMK187,294
|
$148.00
ISK20,591
|
|
| Men's business shoes (leather) |
$157.68
MMK330,815
|
$184.49
ISK25,669
|
|
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