Cost of living comparison
Iceland is 10.1% more expensive than Colorado Springs.
- Restaurants
-
pay 12.0% more in Iceland
- Groceries
-
pay 9.6% more in Iceland
- Transportation
-
pay 64.3% more in Iceland
- Housing
-
pay 15.1% less in Iceland
- Childcare
-
pay 80.0% less in Iceland
- Entertainment and Sports
-
pay 10.3% more in Iceland
- Clothing
-
pay 69.8% more in Iceland
The cost of clothing, transportation, restaurants, entertainment and sports, and groceries in Iceland are more expensive than in Colorado Springs. Expenses including childcare and housing are lower in Iceland.
If you lived in Iceland instead of Colorado Springs, you would:
pay 12.0% more for restaurants
|
Colorado Springs
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$18.00
|
$19.40
ISK2,363
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.00
|
$16.94
ISK2,064
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.00
|
$2.81
ISK342
|
|
| Bottle of water (11 fl. oz) |
$2.62
|
$2.02
ISK246
|
|
pay 9.6% more for groceries
|
Colorado Springs
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.38
|
$2.95
ISK360
|
|
| Local cheese (8 oz) |
$5.66
|
$7.27
ISK885
|
|
| Milk (1 gallon) |
$3.92
|
$6.01
ISK732
|
|
|
Eggs
1 dozen
|
$3.76
|
$5.42
ISK660
|
|
| Boneless chicken breast (1 lb) |
$5.96
|
$8.51
ISK1,036
|
|
| Apples (1 lb) |
$1.94
|
$1.22
ISK149
|
|
| Bananas (1 lb) |
$0.73
|
$1.03
ISK125
|
|
| Oranges (1 lb) |
$1.43
|
$1.17
ISK143
|
|
| Tomatoes (1 lb) |
$1.78
|
$1.87
ISK228
|
|
| Potatoes (1 lb) |
$1.45
|
$1.23
ISK150
|
|
| Onions (1 lb) |
$1.07
|
$0.78
ISK96
|
|
pay 64.3% more for transportation
|
Colorado Springs
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.24
|
$8.36
ISK1,019
|
|
| Monthly public transit pass |
$63.00
|
$71.28
ISK8,683
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$32,429.00
|
$40,660.66
ISK4,952,875
|
|
| Taxi trip in downtown area (5 miles) |
$13.70
|
$22.04
ISK2,684
|
|
pay 15.1% less for housing
|
Colorado Springs
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$96.86
|
$72.17
ISK8,792
|
|
| 1-Bedroom apartment in downtown area |
$1,550.00
|
$1,838.04
ISK223,891
|
|
| 1-Bedroom apartment outside city center |
$1,400.00
|
$1,497.77
ISK182,443
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$147.11
|
$58.01
ISK7,067
|
|
pay 80.0% less for childcare
|
Colorado Springs
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,666.67
|
$258.16
ISK31,447
|
|
| Middle school for 1 child, two semesters |
$24,500.00
|
$5,993.99
ISK730,128
|
|
pay 10.3% more for entertainment and sports
|
Colorado Springs
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$6.00
|
$9.19
ISK1,119
|
|
| Cappuccino in mid-range area |
$6.58
|
$4.65
ISK566
|
|
|
Pack of cigarettes
Marlboro or similar
|
$10.25
|
$11.76
ISK1,432
|
|
| Monthly membership at local gym |
$57.50
|
$61.46
ISK7,486
|
|
| Movie ticket to theater/cinema |
$13.50
|
$14.35
ISK1,748
|
|
pay 69.8% more for clothing
|
Colorado Springs
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$57.50
|
$111.23
ISK13,549
|
|
|
Regular dress
from H&M or similar store
|
$40.00
|
$59.69
ISK7,271
|
|
|
Running shoes
Nike or Adidas
|
$87.33
|
$148.00
ISK18,028
|
|
| Men's business shoes (leather) |
$110.25
|
$184.49
ISK22,473
|
|
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