Cost of living comparison
Iceland is 6.6% cheaper than Hawaii.
If you lived in Iceland instead of Hawaii, you would:
pay 5.4% less for restaurants
Hawaii
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$28.00
|
$19.40
ISK2,699
|
|
Fast food combo meal
McDonalds, or similar
|
$12.92
|
$16.94
ISK2,357
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.98
|
$2.81
ISK391
|
|
Bottle of water (11 fl. oz) |
$2.42
|
$2.02
ISK281
|
|
pay 38.7% less for groceries
Hawaii
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$6.91
|
$2.95
ISK411
|
|
Local cheese (8 oz) |
$9.61
|
$7.27
ISK1,011
|
|
Milk (1 gallon) |
$7.22
|
$6.01
ISK836
|
|
Eggs
1 dozen
|
$7.30
|
$5.42
ISK754
|
|
Boneless chicken breast (1 lb) |
$6.56
|
$8.51
ISK1,184
|
|
Apples (1 lb) |
$3.42
|
$1.22
ISK170
|
|
Bananas (1 lb) |
$1.41
|
$1.03
ISK143
|
|
Oranges (1 lb) |
$3.56
|
$1.17
ISK163
|
|
Tomatoes (1 lb) |
$3.94
|
$1.87
ISK261
|
|
Potatoes (1 lb) |
$2.41
|
$1.23
ISK172
|
|
Onions (1 lb) |
$2.73
|
$0.78
ISK109
|
|
pay 20.0% more for transportation
Hawaii
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.84
|
$8.36
ISK1,163
|
|
Monthly public transit pass |
$90.00
|
$71.28
ISK9,917
|
|
New Volkswagen Golf 1.4 (standard edition) |
$34,845.32
|
$40,660.66
ISK5,657,118
|
|
Taxi trip in downtown area (5 miles) |
$19.78
|
$22.04
ISK3,066
|
|
pay 24.7% less for housing
Hawaii
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$61.66
|
$72.17
ISK10,042
|
|
1-Bedroom apartment in downtown area |
$2,230.04
|
$1,838.04
ISK255,726
|
|
1-Bedroom apartment outside city center |
$1,990.71
|
$1,497.77
ISK208,385
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$218.64
|
$58.01
ISK8,072
|
|
pay 80.0% less for childcare
Hawaii
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$1,466.67
|
$258.16
ISK35,918
|
|
Middle school for 1 child, two semesters |
$26,600.00
|
$5,993.99
ISK833,944
|
|
pay 2.2% more for entertainment and sports
Hawaii
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$7.10
|
$9.19
ISK1,278
|
|
Cappuccino in mid-range area |
$7.09
|
$4.65
ISK647
|
|
Pack of cigarettes
Marlboro or similar
|
$12.25
|
$11.76
ISK1,636
|
|
Monthly membership at local gym |
$52.03
|
$61.46
ISK8,551
|
|
Movie ticket to theater/cinema |
$14.10
|
$14.35
ISK1,996
|
|
pay 80.5% more for clothing
Hawaii
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$51.74
|
$111.23
ISK15,476
|
|
Regular dress
from H&M or similar store
|
$32.83
|
$59.69
ISK8,305
|
|
Running shoes
Nike or Adidas
|
$88.29
|
$148.00
ISK20,591
|
|
Men's business shoes (leather) |
$117.00
|
$184.49
ISK25,669
|
|
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