Cost of living comparison
Iceland is 8.5% more expensive than Guernsey overall.
- Restaurants
-
pay 27.2% more in Iceland
- Groceries
-
pay 8.7% less in Iceland
- Transportation
-
pay 45.6% more in Iceland
- Housing
-
pay 18.1% less in Iceland
- Childcare
-
pay 73.5% less in Iceland
- Entertainment and Sports
-
pay 15.4% more in Iceland
- Clothing
-
pay 71.5% more in Iceland
The cost of clothing, transportation, restaurants, and entertainment and sports in Iceland are more expensive than in Guernsey. Expenses including childcare, housing, and groceries are lower in Iceland.
If you lived in Iceland instead of Guernsey, you would:
pay 27.2% more for restaurants
|
Guernsey
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.70
£15.25
|
$19.40
ISK2,584
|
|
|
Fast food combo meal
McDonalds, or similar
|
$9.04
£7.00
|
$16.94
ISK2,257
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.37
£1.84
|
$2.81
ISK374
|
|
| Bottle of water (11 fl. oz) |
$1.93
£1.50
|
$2.02
ISK269
|
|
pay 8.7% less for groceries
|
Guernsey
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.22
£1.72
|
$2.95
ISK394
|
|
| Local cheese (8 oz) |
$7.09
£5.49
|
$7.27
ISK968
|
|
| Milk (1 gallon) |
$8.22
£6.37
|
$6.01
ISK800
|
|
|
Eggs
1 dozen
|
$5.73
£4.44
|
$5.42
ISK722
|
|
| Boneless chicken breast (1 lb) |
$5.16
£3.99
|
$8.51
ISK1,133
|
|
| Apples (1 lb) |
$3.05
£2.36
|
$1.22
ISK163
|
|
| Bananas (1 lb) |
$1.55
£1.20
|
$1.03
ISK137
|
|
| Oranges (1 lb) |
$2.46
£1.90
|
$1.17
ISK156
|
|
| Tomatoes (1 lb) |
$1.74
£1.35
|
$1.87
ISK250
|
|
| Potatoes (1 lb) |
$1.31
£1.02
|
$1.23
ISK164
|
|
| Onions (1 lb) |
$0.98
£0.76
|
$0.78
ISK105
|
|
pay 45.6% more for transportation
|
Guernsey
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.40
£5.73
|
$8.36
ISK1,114
|
|
| Monthly public transit pass |
$30.35
£23.49
|
$71.28
ISK9,494
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$29,705.36
£22,993.55
|
$40,660.66
ISK5,416,000
|
|
| Taxi trip in downtown area (5 miles) |
$22.56
£17.47
|
$22.04
ISK2,935
|
|
pay 18.1% less for housing
|
Guernsey
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$68.61
£53.11
|
$72.17
ISK9,614
|
|
| 1-Bedroom apartment in downtown area |
$1,903.94
£1,473.75
|
$1,838.04
ISK244,827
|
|
| 1-Bedroom apartment outside city center |
$1,750.03
£1,354.62
|
$1,497.77
ISK199,503
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$143.94
£111.42
|
$58.01
ISK7,728
|
|
pay 73.5% less for childcare
|
Guernsey
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,808.15
£1,399.61
|
$258.16
ISK34,388
|
|
| Middle school for 1 child, two semesters |
$15,498.45
£11,996.64
|
$5,993.99
ISK798,400
|
|
pay 15.4% more for entertainment and sports
|
Guernsey
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$5.81
£4.50
|
$9.19
ISK1,224
|
|
| Cappuccino in mid-range area |
$4.42
£3.42
|
$4.65
ISK619
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.69
£9.82
|
$11.76
ISK1,566
|
|
| Monthly membership at local gym |
$81.31
£62.94
|
$61.46
ISK8,186
|
|
| Movie ticket to theater/cinema |
$9.85
£7.62
|
$14.35
ISK1,911
|
|
pay 71.5% more for clothing
|
Guernsey
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$88.79
£68.73
|
$111.23
ISK14,816
|
|
|
Regular dress
from H&M or similar store
|
$32.29
£24.99
|
$59.69
ISK7,951
|
|
|
Running shoes
Nike or Adidas
|
$87.99
£68.11
|
$148.00
ISK19,713
|
|
| Men's business shoes (leather) |
$88.79
£68.73
|
$184.49
ISK24,575
|
|
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