Cost of living comparison
Iceland is 10.0% more expensive than Connecticut.
If you lived in Iceland instead of Connecticut, you would:
pay 19.1% more for restaurants
|
Connecticut
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$18.31
|
$19.40
ISK2,709
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.32
|
$16.94
ISK2,366
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.46
|
$2.81
ISK393
|
|
| Bottle of water (11 fl. oz) |
$2.21
|
$2.02
ISK282
|
|
pay 5.0% less for groceries
|
Connecticut
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$4.28
|
$2.95
ISK413
|
|
| Local cheese (8 oz) |
$6.87
|
$7.27
ISK1,015
|
|
| Milk (1 gallon) |
$3.92
|
$6.01
ISK839
|
|
|
Eggs
1 dozen
|
$3.84
|
$5.42
ISK757
|
|
| Boneless chicken breast (1 lb) |
$5.74
|
$8.51
ISK1,188
|
|
| Apples (1 lb) |
$2.38
|
$1.22
ISK171
|
|
| Bananas (1 lb) |
$0.86
|
$1.03
ISK143
|
|
| Oranges (1 lb) |
$2.23
|
$1.17
ISK164
|
|
| Tomatoes (1 lb) |
$2.54
|
$1.87
ISK262
|
|
| Potatoes (1 lb) |
$1.64
|
$1.23
ISK172
|
|
| Onions (1 lb) |
$1.43
|
$0.78
ISK110
|
|
pay 49.9% more for transportation
|
Connecticut
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.50
|
$8.36
ISK1,168
|
|
| Monthly public transit pass |
$57.46
|
$71.28
ISK9,956
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$32,564.74
|
$40,660.66
ISK5,679,481
|
|
| Taxi trip in downtown area (5 miles) |
$19.75
|
$22.04
ISK3,078
|
|
pay 14.1% less for housing
|
Connecticut
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$63.65
|
$72.17
ISK10,081
|
|
| 1-Bedroom apartment in downtown area |
$2,046.04
|
$1,838.04
ISK256,737
|
|
| 1-Bedroom apartment outside city center |
$1,566.67
|
$1,497.77
ISK209,209
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$130.15
|
$58.01
ISK8,103
|
|
pay 79.8% less for childcare
|
Connecticut
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,452.87
|
$258.16
ISK36,060
|
|
| Middle school for 1 child, two semesters |
$26,666.67
|
$5,993.99
ISK837,241
|
|
pay 16.6% more for entertainment and sports
|
Connecticut
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$6.12
|
$9.19
ISK1,283
|
|
| Cappuccino in mid-range area |
$4.93
|
$4.65
ISK649
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.70
|
$11.76
ISK1,642
|
|
| Monthly membership at local gym |
$41.89
|
$61.46
ISK8,585
|
|
| Movie ticket to theater/cinema |
$14.39
|
$14.35
ISK2,004
|
|
pay 83.0% more for clothing
|
Connecticut
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$48.77
|
$111.23
ISK15,537
|
|
|
Regular dress
from H&M or similar store
|
$38.14
|
$59.69
ISK8,337
|
|
|
Running shoes
Nike or Adidas
|
$78.74
|
$148.00
ISK20,673
|
|
| Men's business shoes (leather) |
$115.83
|
$184.49
ISK25,770
|
|
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