Cost of living comparison

compared to

Iceland vs. Dominican Republic Cost of Living Summary

Iceland is 2.1 times more expensive than Dominican Republic overall.

Restaurants: pay 2.7 times more in Iceland
Groceries: pay 2.1 times more in Iceland
Transportation: pay 39.7% more in Iceland
Housing: pay 2.6 times more in Iceland
Childcare: pay 18.6% more in Iceland
Entertainment and Sports: pay 2.6 times more in Iceland
Clothing: pay 90.3% more in Iceland

The cost of restaurants, entertainment and sports, housing, groceries, clothing, and transportation in Iceland are more expensive than in Dominican Republic. Notably, restaurants, entertainment and sports, and housing are significantly more expensive in Iceland.

Iceland vs. Dominican Republic Cost Breakdown

If you lived in Iceland instead of Dominican Republic, you would:

Display currency: USD

pay 2.7 times more for restaurants

	Dominican Republic	Iceland
Basic meal with drink at inexpensive restaurant	$7.20 DOP446.01	$19.40 ISK2,717	+169.6%
Fast food combo meal McDonalds, or similar	$6.54 DOP405.10	$16.94 ISK2,373	+159.2%
Bottle of Coca-Cola (11 fl. oz)	$0.97 DOP60.21	$2.81 ISK394	+189.4%
Bottle of water (11 fl. oz)	$0.72 DOP44.89	$2.02 ISK283	+179.1%
Average			+174.3%

Dominican Republic vs. Iceland - Cost of restaurants

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pay 2.1 times more for groceries

	Dominican Republic	Iceland
Bread 1 loaf	$1.52 DOP94.09	$2.95 ISK414	+94.6%
Local cheese (8 oz)	$3.28 DOP203.42	$7.27 ISK1,017	+121.4%
Milk (1 gallon)	$4.35 DOP269.60	$6.01 ISK841	+38.1%
Eggs 1 dozen	$1.69 DOP104.82	$5.42 ISK759	+220.4%
Boneless chicken breast (1 lb)	$2.22 DOP137.30	$8.51 ISK1,191	+284.0%
Apples (1 lb)	$1.07 DOP66.50	$1.22 ISK171	+14.1%
Bananas (1 lb)	$0.35 DOP21.78	$1.03 ISK144	+192.1%
Oranges (1 lb)	$0.97 DOP59.97	$1.17 ISK164	+21.0%
Tomatoes (1 lb)	$0.66 DOP40.89	$1.87 ISK262	+184.0%
Potatoes (1 lb)	$0.66 DOP40.64	$1.23 ISK173	+88.2%
Onions (1 lb)	$0.90 DOP55.83	$0.78 ISK110	-12.9%
Average			+113.2%

Dominican Republic vs. Iceland - Cost of groceries

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pay 39.7% more for transportation

	Dominican Republic	Iceland
Gasoline (1 gallon)	$4.64 DOP287.61	$8.36 ISK1,171	+80.2%
Monthly public transit pass	$56.13 DOP3,478.70	$71.28 ISK9,983	+27.0%
New Volkswagen Golf 1.4 (standard edition)	$26,137.07 DOP1,619,983.13	$40,660.66 ISK5,694,526	+55.6%
Taxi trip in downtown area (5 miles)	$22.92 DOP1,420.78	$22.04 ISK3,086	-3.9%
Average			+39.7%

Dominican Republic vs. Iceland - Cost of transportation

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pay 2.6 times more for housing

	Dominican Republic	Iceland
Internet connection 50 mbps or faster, cable/dsl	$36.09 DOP2,236.59	$72.17 ISK10,108	+100.0%
1-Bedroom apartment in downtown area	$624.27 DOP38,692.43	$1,838.04 ISK257,417	+194.4%
1-Bedroom apartment outside city center	$355.68 DOP22,044.87	$1,497.77 ISK209,763	+321.1%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$49.67 DOP3,078.56	$58.01 ISK8,125	+16.8%
Average			+158.1%

Dominican Republic vs. Iceland - Cost of housing

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pay 18.6% more for childcare

	Dominican Republic	Iceland
Private preschool for 1 child, monthly	$250.80 DOP15,544.53	$258.16 ISK36,156	+2.9%
Middle school for 1 child, two semesters	$4,459.64 DOP276,409.67	$5,993.99 ISK839,459	+34.4%
Average			+18.6%

Dominican Republic vs. Iceland - Cost of childcare

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pay 2.6 times more for entertainment and sports

	Dominican Republic	Iceland
Domestic/local beer (1 pint)	$2.61 DOP161.79	$9.19 ISK1,287	+252.0%
Cappuccino in mid-range area	$2.03 DOP125.59	$4.65 ISK651	+129.4%
Pack of cigarettes Marlboro or similar	$4.25 DOP263.46	$11.76 ISK1,646	+176.6%
Monthly membership at local gym	$30.73 DOP1,904.50	$61.46 ISK8,607	+100.0%
Movie ticket to theater/cinema	$5.58 DOP345.63	$14.35 ISK2,009	+157.3%
Average			+163.1%

Dominican Republic vs. Iceland - Cost of entertainment and sports

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pay 90.3% more for clothing

	Dominican Republic	Iceland
Regular jeans Levi's brand	$46.15 DOP2,860.67	$111.23 ISK15,578	+141.0%
Regular dress from H&M or similar store	$46.61 DOP2,889.09	$59.69 ISK8,359	+28.1%
Running shoes Nike or Adidas	$80.84 DOP5,010.69	$148.00 ISK20,727	+83.1%
Men's business shoes (leather)	$88.22 DOP5,467.64	$184.49 ISK25,838	+109.1%
Average			+90.3%

Dominican Republic vs. Iceland - Cost of clothing

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: February 2025

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