Cost of living comparison
Iceland is 2.2 times more expensive than Guatemala overall.
- Restaurants
-
pay 3.1 times more in Iceland
- Groceries
-
pay 52.1% more in Iceland
- Transportation
-
pay 3.1 times more in Iceland
- Housing
-
pay 2.6 times more in Iceland
- Childcare
-
pay 12.8% more in Iceland
- Entertainment and Sports
-
pay 2.3 times more in Iceland
- Clothing
-
pay 73.9% more in Iceland
The cost of transportation, restaurants, housing, entertainment and sports, clothing, and groceries in Iceland are more expensive than in Guatemala. Notably, transportation, restaurants, and housing are significantly more expensive in Iceland.
If you lived in Iceland instead of Guatemala, you would:
pay 3.1 times more for restaurants
Guatemala
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$4.86
GTQ37.55
|
$19.40
ISK2,689
|
|
Fast food combo meal
McDonalds, or similar
|
$6.24
GTQ48.13
|
$16.94
ISK2,348
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.94
GTQ7.24
|
$2.81
ISK390
|
|
Bottle of water (11 fl. oz) |
$0.76
GTQ5.88
|
$2.02
ISK280
|
|
pay 52.1% more for groceries
Guatemala
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$2.77
GTQ21.37
|
$2.95
ISK410
|
|
Local cheese (8 oz) |
$3.39
GTQ26.13
|
$7.27
ISK1,007
|
|
Milk (1 gallon) |
$6.82
GTQ52.63
|
$6.01
ISK833
|
|
Eggs
1 dozen
|
$2.38
GTQ18.39
|
$5.42
ISK751
|
|
Boneless chicken breast (1 lb) |
$3.24
GTQ25.03
|
$8.51
ISK1,179
|
|
Apples (1 lb) |
$1.48
GTQ11.39
|
$1.22
ISK170
|
|
Bananas (1 lb) |
$0.71
GTQ5.47
|
$1.03
ISK142
|
|
Oranges (1 lb) |
$1.55
GTQ11.94
|
$1.17
ISK162
|
|
Tomatoes (1 lb) |
$0.76
GTQ5.85
|
$1.87
ISK260
|
|
Potatoes (1 lb) |
$0.84
GTQ6.45
|
$1.23
ISK171
|
|
Onions (1 lb) |
$1.04
GTQ8.03
|
$0.78
ISK109
|
|
pay 3.1 times more for transportation
Guatemala
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$3.90
GTQ30.13
|
$8.36
ISK1,159
|
|
Monthly public transit pass |
$13.42
GTQ103.61
|
$71.28
ISK9,881
|
|
New Volkswagen Golf 1.4 (standard edition) |
$17,023.47
GTQ131,400.67
|
$40,660.66
ISK5,636,381
|
|
Taxi trip in downtown area (5 miles) |
$8.64
GTQ66.69
|
$22.04
ISK3,055
|
|
pay 2.6 times more for housing
Guatemala
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$43.14
GTQ332.97
|
$72.17
ISK10,005
|
|
1-Bedroom apartment in downtown area |
$525.45
GTQ4,055.81
|
$1,838.04
ISK254,789
|
|
1-Bedroom apartment outside city center |
$368.89
GTQ2,847.37
|
$1,497.77
ISK207,621
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$50.59
GTQ390.48
|
$58.01
ISK8,042
|
|
pay 12.8% more for childcare
Guatemala
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$217.77
GTQ1,680.93
|
$258.16
ISK35,787
|
|
Middle school for 1 child, two semesters |
$5,593.73
GTQ43,176.87
|
$5,993.99
ISK830,887
|
|
pay 2.3 times more for entertainment and sports
Guatemala
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$2.59
GTQ20.01
|
$9.19
ISK1,274
|
|
Cappuccino in mid-range area |
$3.03
GTQ23.41
|
$4.65
ISK644
|
|
Pack of cigarettes
Marlboro or similar
|
$3.47
GTQ26.81
|
$11.76
ISK1,630
|
|
Monthly membership at local gym |
$43.30
GTQ334.25
|
$61.46
ISK8,520
|
|
Movie ticket to theater/cinema |
$7.72
GTQ59.58
|
$14.35
ISK1,989
|
|
pay 73.9% more for clothing
Guatemala
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$41.32
GTQ318.90
|
$111.23
ISK15,419
|
|
Regular dress
from H&M or similar store
|
$55.74
GTQ430.28
|
$59.69
ISK8,274
|
|
Running shoes
Nike or Adidas
|
$108.63
GTQ838.49
|
$148.00
ISK20,516
|
|
Men's business shoes (leather) |
$100.77
GTQ777.81
|
$184.49
ISK25,575
|
|
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