Cost of living comparison
Iceland is 2.3% cheaper than California.
If you lived in Iceland instead of California, you would:
pay 6.1% more for restaurants
|
California
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.89
|
$19.51
ISK2,707
|
|
|
Fast food combo meal
McDonalds, or similar
|
$11.74
|
$16.45
ISK2,282
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.75
|
$2.70
ISK375
|
|
| Bottle of water (11 fl. oz) |
$2.23
|
$1.95
ISK271
|
|
pay 8.8% less for groceries
|
California
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$4.10
|
$3.16
ISK438
|
|
| Local cheese (8 oz) |
$6.78
|
$6.72
ISK932
|
|
| Milk (1 gallon) |
$4.57
|
$6.27
ISK870
|
|
|
Eggs
1 dozen
|
$4.34
|
$6.03
ISK837
|
|
| Boneless chicken breast (1 lb) |
$5.53
|
$7.60
ISK1,055
|
|
| Apples (1 lb) |
$2.29
|
$1.13
ISK156
|
|
| Bananas (1 lb) |
$0.95
|
$1.01
ISK140
|
|
| Oranges (1 lb) |
$1.95
|
$1.15
ISK160
|
|
| Tomatoes (1 lb) |
$2.23
|
$1.71
ISK238
|
|
| Potatoes (1 lb) |
$1.49
|
$1.13
ISK157
|
|
| Onions (1 lb) |
$1.45
|
$0.68
ISK95
|
|
pay 30.4% more for transportation
|
California
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.84
|
$8.42
ISK1,168
|
|
| Monthly public transit pass |
$67.11
|
$68.29
ISK9,475
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$29,950.13
|
$39,714.69
ISK5,510,016
|
|
| Taxi trip in downtown area (5 miles) |
$20.46
|
$23.23
ISK3,223
|
|
pay 31.1% less for housing
|
California
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$69.38
|
$74.47
ISK10,332
|
|
| 1-Bedroom apartment in downtown area |
$2,333.22
|
$1,518.94
ISK210,738
|
|
| 1-Bedroom apartment outside city center |
$2,022.14
|
$1,325.48
ISK183,897
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$178.08
|
$66.99
ISK9,294
|
|
pay 82.1% less for childcare
|
California
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,629.83
|
$254.97
ISK35,374
|
|
| Middle school for 1 child, two semesters |
$29,739.09
|
$5,993.83
ISK831,583
|
|
pay 1.7% more for entertainment and sports
|
California
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$7.06
|
$9.37
ISK1,301
|
|
| Cappuccino in mid-range area |
$5.27
|
$4.61
ISK640
|
|
|
Pack of cigarettes
Marlboro or similar
|
$10.99
|
$11.22
ISK1,556
|
|
| Monthly membership at local gym |
$68.71
|
$60.00
ISK8,325
|
|
| Movie ticket to theater/cinema |
$14.08
|
$13.94
ISK1,934
|
|
pay 67.7% more for clothing
|
California
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$52.63
|
$108.23
ISK15,016
|
|
|
Regular dress
from H&M or similar store
|
$41.12
|
$59.73
ISK8,287
|
|
|
Running shoes
Nike or Adidas
|
$84.49
|
$146.94
ISK20,387
|
|
| Men's business shoes (leather) |
$115.90
|
$169.24
ISK23,480
|
|
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