Cost of living comparison
Alaska is 29.6% more expensive than Iceland overall.
- Restaurants
-
pay 1.2% more in Alaska
- Groceries
-
pay 40.1% more in Alaska
- Transportation
-
pay 32.7% less in Alaska
- Housing
-
pay 55.9% more in Alaska
- Childcare
-
pay 2.7 times more in Alaska
- Entertainment and Sports
-
pay 9.9% more in Alaska
- Clothing
-
pay 36.1% less in Alaska
The cost of childcare, housing, groceries, entertainment and sports, and restaurants in Alaska are more expensive than in Iceland. Expenses including clothing and transportation are lower in Alaska. Notably, childcare is significantly more expensive in Alaska.
If you lived in Alaska instead of Iceland, you would:
pay 1.2% more for restaurants
|
Iceland
|
Alaska
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.40
ISK2,475
|
$26.50
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.94
ISK2,162
|
$12.71
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.81
ISK359
|
$2.60
|
|
| Bottle of water (11 fl. oz) |
$2.02
ISK258
|
$2.03
|
|
pay 40.1% more for groceries
|
Iceland
|
Alaska
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.95
ISK377
|
$4.74
|
|
| Local cheese (8 oz) |
$7.27
ISK927
|
$7.90
|
|
| Milk (1 gallon) |
$6.01
ISK766
|
$4.55
|
|
|
Eggs
1 dozen
|
$5.42
ISK692
|
$3.69
|
|
| Boneless chicken breast (1 lb) |
$8.51
ISK1,086
|
$6.20
|
|
| Apples (1 lb) |
$1.22
ISK156
|
$3.35
|
|
| Bananas (1 lb) |
$1.03
ISK131
|
$1.11
|
|
| Oranges (1 lb) |
$1.17
ISK149
|
$2.54
|
|
| Tomatoes (1 lb) |
$1.87
ISK239
|
$2.93
|
|
| Potatoes (1 lb) |
$1.23
ISK158
|
$1.26
|
|
| Onions (1 lb) |
$0.78
ISK100
|
$1.56
|
|
pay 32.7% less for transportation
|
Iceland
|
Alaska
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.36
ISK1,067
|
$4.22
|
|
| Monthly public transit pass |
$71.28
ISK9,096
|
$51.67
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$40,660.66
ISK5,188,707
|
$27,113.17
|
|
| Taxi trip in downtown area (5 miles) |
$22.04
ISK2,812
|
$17.54
|
|
pay 55.9% more for housing
|
Iceland
|
Alaska
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$72.17
ISK9,210
|
$122.81
|
|
| 1-Bedroom apartment in downtown area |
$1,838.04
ISK234,552
|
$1,483.44
|
|
| 1-Bedroom apartment outside city center |
$1,497.77
ISK191,130
|
$1,298.81
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$58.01
ISK7,403
|
$165.96
|
|
pay 2.7 times more for childcare
|
Iceland
|
Alaska
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$258.16
ISK32,944
|
$943.88
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK764,894
|
$10,350.00
|
|
pay 9.9% more for entertainment and sports
|
Iceland
|
Alaska
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.19
ISK1,172
|
$7.04
|
|
| Cappuccino in mid-range area |
$4.65
ISK593
|
$4.94
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.76
ISK1,500
|
$12.02
|
|
| Monthly membership at local gym |
$61.46
ISK7,843
|
$105.42
|
|
| Movie ticket to theater/cinema |
$14.35
ISK1,831
|
$13.32
|
|
pay 36.1% less for clothing
|
Iceland
|
Alaska
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$111.23
ISK14,194
|
$54.68
|
|
|
Regular dress
from H&M or similar store
|
$59.69
ISK7,617
|
$48.00
|
|
|
Running shoes
Nike or Adidas
|
$148.00
ISK18,886
|
$87.93
|
|
| Men's business shoes (leather) |
$184.49
ISK23,543
|
$123.00
|
|
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