Cost of living comparison
Iceland is 3.7 times more expensive than Eritrea.
If you lived in Iceland instead of Eritrea, you would:
pay 73.7% more for restaurants
|
Eritrea
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$18.14
ERN272.04
|
$19.40
ISK2,699
|
|
|
Fast food combo meal
McDonalds, or similar
|
$5.99
ERN89.85
|
$16.94
ISK2,357
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.83
ERN27.50
|
$2.81
ISK391
|
|
| Bottle of water (11 fl. oz) |
$1.33
ERN20.00
|
$2.02
ISK281
|
|
pay 2.1 times more for groceries
|
Eritrea
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$0.50
ERN7.50
|
$2.95
ISK411
|
|
| Local cheese (8 oz) |
$1.50
ERN22.50
|
$7.27
ISK1,011
|
|
| Milk (1 gallon) |
$6.14
ERN92.11
|
$6.01
ISK836
|
|
|
Eggs
1 dozen
|
$4.52
ERN67.80
|
$5.42
ISK754
|
|
| Boneless chicken breast (1 lb) |
$12.17
ERN182.57
|
$8.51
ISK1,184
|
|
| Apples (1 lb) |
$5.54
ERN83.16
|
$1.22
ISK170
|
|
| Bananas (1 lb) |
$0.58
ERN8.69
|
$1.03
ISK143
|
|
| Oranges (1 lb) |
$0.86
ERN12.85
|
$1.17
ISK163
|
|
| Tomatoes (1 lb) |
$0.55
ERN8.32
|
$1.87
ISK261
|
|
| Potatoes (1 lb) |
$0.80
ERN11.94
|
$1.23
ISK172
|
|
| Onions (1 lb) |
$0.48
ERN7.26
|
$0.78
ISK109
|
|
pay 3.6 times more for transportation
|
Eritrea
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.83
ERN132.49
|
$8.36
ISK1,163
|
|
| Monthly public transit pass |
$8.00
ERN120.00
|
$71.28
ISK9,917
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$66,666.00
ERN999,990.00
|
$40,660.66
ISK5,657,118
|
|
| Taxi trip in downtown area (5 miles) |
$5.73
ERN85.99
|
$22.04
ISK3,066
|
|
pay 2.7 times more for housing
|
Eritrea
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$200.00
ERN3,000.00
|
$72.17
ISK10,042
|
|
| 1-Bedroom apartment in downtown area |
$475.00
ERN7,125.00
|
$1,838.04
ISK255,726
|
|
| 1-Bedroom apartment outside city center |
$400.00
ERN6,000.00
|
$1,497.77
ISK208,385
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$21.03
ERN315.44
|
$58.01
ISK8,072
|
|
pay 7.0 times more for childcare
|
Eritrea
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$25.00
ERN375.00
|
$258.16
ISK35,918
|
|
| Middle school for 1 child, two semesters |
$1,675.00
ERN25,125.00
|
$5,993.99
ISK833,944
|
|
pay 7.3 times more for entertainment and sports
|
Eritrea
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.00
ERN15.00
|
$9.19
ISK1,278
|
|
| Cappuccino in mid-range area |
$0.77
ERN11.58
|
$4.65
ISK647
|
|
|
Pack of cigarettes
Marlboro or similar
|
$2.00
ERN30.00
|
$11.76
ISK1,636
|
|
| Monthly membership at local gym |
$27.00
ERN405.00
|
$61.46
ISK8,551
|
|
| Movie ticket to theater/cinema |
$1.10
ERN16.50
|
$14.35
ISK1,996
|
|
pay 20.6% more for clothing
|
Eritrea
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$82.50
ERN1,237.50
|
$111.23
ISK15,476
|
|
|
Regular dress
from H&M or similar store
|
$75.00
ERN1,125.00
|
$59.69
ISK8,305
|
|
|
Running shoes
Nike or Adidas
|
$200.00
ERN3,000.00
|
$148.00
ISK20,591
|
|
| Men's business shoes (leather) |
$95.00
ERN1,425.00
|
$184.49
ISK25,669
|
|
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