Cost of living comparison
Iceland is 2.2 times more expensive than Guatemala.
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
GTQ37.68
|
$19.40
ISK2,670
|
|
|
Fast food combo meal
McDonalds, or similar
|
$6.24
GTQ48.30
|
$16.94
ISK2,332
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.94
GTQ7.26
|
$2.81
ISK387
|
|
| Bottle of water (11 fl. oz) |
$0.76
GTQ5.90
|
$2.02
ISK278
|
|
pay 52.1% more for groceries
|
Guatemala
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.77
GTQ21.45
|
$2.95
ISK407
|
|
| Local cheese (8 oz) |
$3.39
GTQ26.22
|
$7.27
ISK1,000
|
|
| Milk (1 gallon) |
$6.82
GTQ52.82
|
$6.01
ISK827
|
|
|
Eggs
1 dozen
|
$2.38
GTQ18.45
|
$5.42
ISK746
|
|
| Boneless chicken breast (1 lb) |
$3.24
GTQ25.12
|
$8.51
ISK1,171
|
|
| Apples (1 lb) |
$1.48
GTQ11.43
|
$1.22
ISK168
|
|
| Bananas (1 lb) |
$0.71
GTQ5.49
|
$1.03
ISK141
|
|
| Oranges (1 lb) |
$1.55
GTQ11.99
|
$1.17
ISK161
|
|
| Tomatoes (1 lb) |
$0.76
GTQ5.87
|
$1.87
ISK258
|
|
| Potatoes (1 lb) |
$0.84
GTQ6.48
|
$1.23
ISK170
|
|
| Onions (1 lb) |
$1.04
GTQ8.05
|
$0.78
ISK108
|
|
pay 3.1 times more for transportation
|
Guatemala
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.90
GTQ30.24
|
$8.36
ISK1,151
|
|
| Monthly public transit pass |
$13.42
GTQ103.98
|
$71.28
ISK9,812
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$17,023.47
GTQ131,871.16
|
$40,660.66
ISK5,596,940
|
|
| Taxi trip in downtown area (5 miles) |
$8.64
GTQ66.93
|
$22.04
ISK3,033
|
|
pay 2.6 times more for housing
|
Guatemala
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$43.14
GTQ334.16
|
$72.17
ISK9,935
|
|
| 1-Bedroom apartment in downtown area |
$525.45
GTQ4,070.33
|
$1,838.04
ISK253,006
|
|
| 1-Bedroom apartment outside city center |
$368.89
GTQ2,857.56
|
$1,497.77
ISK206,168
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$50.59
GTQ391.88
|
$58.01
ISK7,986
|
|
pay 12.8% more for childcare
|
Guatemala
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$217.77
GTQ1,686.94
|
$258.16
ISK35,536
|
|
| Middle school for 1 child, two semesters |
$5,593.73
GTQ43,331.47
|
$5,993.99
ISK825,073
|
|
pay 2.3 times more for entertainment and sports
|
Guatemala
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.59
GTQ20.08
|
$9.19
ISK1,265
|
|
| Cappuccino in mid-range area |
$3.03
GTQ23.49
|
$4.65
ISK640
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.47
GTQ26.91
|
$11.76
ISK1,618
|
|
| Monthly membership at local gym |
$43.30
GTQ335.45
|
$61.46
ISK8,460
|
|
| Movie ticket to theater/cinema |
$7.72
GTQ59.79
|
$14.35
ISK1,975
|
|
pay 73.9% more for clothing
|
Guatemala
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$41.32
GTQ320.05
|
$111.23
ISK15,311
|
|
|
Regular dress
from H&M or similar store
|
$55.74
GTQ431.82
|
$59.69
ISK8,216
|
|
|
Running shoes
Nike or Adidas
|
$108.63
GTQ841.50
|
$148.00
ISK20,372
|
|
| Men's business shoes (leather) |
$100.77
GTQ780.60
|
$184.49
ISK25,396
|
|
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