Cost of living comparison
Iceland is 90.4% more expensive than Guyana.
If you lived in Iceland instead of Guyana, you would:
pay 2.2 times more for restaurants
|
Guyana
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$11.88
GYD2,491.66
|
$19.40
ISK2,670
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.55
GYD1,794.00
|
$16.94
ISK2,332
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.21
GYD254.15
|
$2.81
ISK387
|
|
| Bottle of water (11 fl. oz) |
$0.71
GYD149.50
|
$2.02
ISK278
|
|
pay 26.2% more for groceries
|
Guyana
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.01
GYD420.74
|
$2.95
ISK407
|
|
| Local cheese (8 oz) |
$5.36
GYD1,123.50
|
$7.27
ISK1,000
|
|
| Milk (1 gallon) |
$12.31
GYD2,582.38
|
$6.01
ISK827
|
|
|
Eggs
1 dozen
|
$3.41
GYD714.28
|
$5.42
ISK746
|
|
| Boneless chicken breast (1 lb) |
$2.63
GYD551.26
|
$8.51
ISK1,171
|
|
| Apples (1 lb) |
$1.78
GYD373.89
|
$1.22
ISK168
|
|
| Bananas (1 lb) |
$1.20
GYD252.55
|
$1.03
ISK141
|
|
| Oranges (1 lb) |
$1.70
GYD356.19
|
$1.17
ISK161
|
|
| Tomatoes (1 lb) |
$2.05
GYD429.07
|
$1.87
ISK258
|
|
| Potatoes (1 lb) |
$0.71
GYD148.20
|
$1.23
ISK170
|
|
| Onions (1 lb) |
$0.93
GYD195.31
|
$0.78
ISK108
|
|
pay 98.6% more for transportation
|
Guyana
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.00
GYD839.44
|
$8.36
ISK1,151
|
|
| Monthly public transit pass |
$28.51
GYD5,979.99
|
$71.28
ISK9,812
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$15,680.67
GYD3,288,992.09
|
$40,660.66
ISK5,596,940
|
|
| Taxi trip in downtown area (5 miles) |
$28.99
GYD6,079.65
|
$22.04
ISK3,033
|
|
pay 2.6 times more for housing
|
Guyana
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$61.18
GYD12,832.05
|
$72.17
ISK9,935
|
|
| 1-Bedroom apartment in downtown area |
$617.07
GYD129,430.16
|
$1,838.04
ISK253,006
|
|
| 1-Bedroom apartment outside city center |
$281.14
GYD58,969.30
|
$1,497.77
ISK206,168
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$61.00
GYD12,794.68
|
$58.01
ISK7,986
|
|
pay 72.4% less for childcare
|
Guyana
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$876.83
GYD183,913.82
|
$258.16
ISK35,536
|
|
| Middle school for 1 child, two semesters |
$23,225.94
GYD4,871,600.66
|
$5,993.99
ISK825,073
|
|
pay 3.0 times more for entertainment and sports
|
Guyana
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.14
GYD448.50
|
$9.19
ISK1,265
|
|
| Cappuccino in mid-range area |
$3.88
GYD813.94
|
$4.65
ISK640
|
|
|
Pack of cigarettes
Marlboro or similar
|
$2.19
GYD458.47
|
$11.76
ISK1,618
|
|
| Monthly membership at local gym |
$38.81
GYD8,139.42
|
$61.46
ISK8,460
|
|
| Movie ticket to theater/cinema |
$5.94
GYD1,245.83
|
$14.35
ISK1,975
|
|
pay 2.0 times more for clothing
|
Guyana
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$38.01
GYD7,973.31
|
$111.23
ISK15,311
|
|
|
Regular dress
from H&M or similar store
|
$52.27
GYD10,963.31
|
$59.69
ISK8,216
|
|
|
Running shoes
Nike or Adidas
|
$83.63
GYD17,541.29
|
$148.00
ISK20,372
|
|
| Men's business shoes (leather) |
$80.78
GYD16,943.29
|
$184.49
ISK25,396
|
|
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