Cost of living comparison
Iceland is 8.5% more expensive than Guernsey.
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
£15.61
|
$19.40
ISK2,670
|
|
|
Fast food combo meal
McDonalds, or similar
|
$9.04
£7.16
|
$16.94
ISK2,332
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.37
£1.88
|
$2.81
ISK387
|
|
| Bottle of water (11 fl. oz) |
$1.93
£1.53
|
$2.02
ISK278
|
|
pay 8.7% less for groceries
|
Guernsey
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.22
£1.76
|
$2.95
ISK407
|
|
| Local cheese (8 oz) |
$7.09
£5.62
|
$7.27
ISK1,000
|
|
| Milk (1 gallon) |
$8.22
£6.52
|
$6.01
ISK827
|
|
|
Eggs
1 dozen
|
$5.73
£4.54
|
$5.42
ISK746
|
|
| Boneless chicken breast (1 lb) |
$5.16
£4.09
|
$8.51
ISK1,171
|
|
| Apples (1 lb) |
$3.05
£2.42
|
$1.22
ISK168
|
|
| Bananas (1 lb) |
$1.55
£1.23
|
$1.03
ISK141
|
|
| Oranges (1 lb) |
$2.46
£1.95
|
$1.17
ISK161
|
|
| Tomatoes (1 lb) |
$1.74
£1.38
|
$1.87
ISK258
|
|
| Potatoes (1 lb) |
$1.31
£1.04
|
$1.23
ISK170
|
|
| Onions (1 lb) |
$0.98
£0.77
|
$0.78
ISK108
|
|
pay 45.6% more for transportation
|
Guernsey
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.40
£5.86
|
$8.36
ISK1,151
|
|
| Monthly public transit pass |
$30.35
£24.05
|
$71.28
ISK9,812
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$29,705.36
£23,542.06
|
$40,660.66
ISK5,596,940
|
|
| Taxi trip in downtown area (5 miles) |
$22.56
£17.88
|
$22.04
ISK3,033
|
|
pay 18.1% less for housing
|
Guernsey
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$68.61
£54.38
|
$72.17
ISK9,935
|
|
| 1-Bedroom apartment in downtown area |
$1,903.94
£1,508.91
|
$1,838.04
ISK253,006
|
|
| 1-Bedroom apartment outside city center |
$1,750.03
£1,386.93
|
$1,497.77
ISK206,168
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$143.94
£114.07
|
$58.01
ISK7,986
|
|
pay 73.5% less for childcare
|
Guernsey
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,808.15
£1,433.00
|
$258.16
ISK35,536
|
|
| Middle school for 1 child, two semesters |
$15,498.45
£12,282.82
|
$5,993.99
ISK825,073
|
|
pay 15.4% more for entertainment and sports
|
Guernsey
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$5.81
£4.61
|
$9.19
ISK1,265
|
|
| Cappuccino in mid-range area |
$4.42
£3.51
|
$4.65
ISK640
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.69
£10.06
|
$11.76
ISK1,618
|
|
| Monthly membership at local gym |
$81.31
£64.44
|
$61.46
ISK8,460
|
|
| Movie ticket to theater/cinema |
$9.85
£7.80
|
$14.35
ISK1,975
|
|
pay 71.5% more for clothing
|
Guernsey
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$88.79
£70.37
|
$111.23
ISK15,311
|
|
|
Regular dress
from H&M or similar store
|
$32.29
£25.59
|
$59.69
ISK8,216
|
|
|
Running shoes
Nike or Adidas
|
$87.99
£69.73
|
$148.00
ISK20,372
|
|
| Men's business shoes (leather) |
$88.79
£70.37
|
$184.49
ISK25,396
|
|
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