Cost of living comparison
Bahamas is 16.8% more expensive than Iceland.
If you lived in Bahamas instead of Iceland, you would:
pay 5.6% more for restaurants
Iceland
|
Bahamas
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$19.40
ISK2,699
|
$30.33
BSD30.33
|
|
Fast food combo meal
McDonalds, or similar
|
$16.94
ISK2,357
|
$10.58
BSD10.58
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.81
ISK391
|
$2.73
BSD2.73
|
|
Bottle of water (11 fl. oz) |
$2.02
ISK281
|
$2.15
BSD2.15
|
|
pay 33.0% more for groceries
Iceland
|
Bahamas
|
||
---|---|---|---|
Bread
1 loaf
|
$2.95
ISK411
|
$4.38
BSD4.38
|
|
Local cheese (8 oz) |
$7.27
ISK1,011
|
$4.32
BSD4.32
|
|
Milk (1 gallon) |
$6.01
ISK836
|
$14.05
BSD14.05
|
|
Eggs
1 dozen
|
$5.42
ISK754
|
$5.32
BSD5.32
|
|
Boneless chicken breast (1 lb) |
$8.51
ISK1,184
|
$4.62
BSD4.62
|
|
Apples (1 lb) |
$1.22
ISK170
|
$1.74
BSD1.74
|
|
Bananas (1 lb) |
$1.03
ISK143
|
$1.44
BSD1.44
|
|
Oranges (1 lb) |
$1.17
ISK163
|
$1.73
BSD1.73
|
|
Tomatoes (1 lb) |
$1.87
ISK261
|
$2.10
BSD2.10
|
|
Potatoes (1 lb) |
$1.23
ISK172
|
$1.89
BSD1.89
|
|
Onions (1 lb) |
$0.78
ISK109
|
$1.37
BSD1.37
|
|
pay 10.7% less for transportation
Iceland
|
Bahamas
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.36
ISK1,163
|
$5.16
BSD5.16
|
|
Monthly public transit pass |
$71.28
ISK9,917
|
$45.00
BSD45.00
|
|
New Volkswagen Golf 1.4 (standard edition) |
$40,660.66
ISK5,657,118
|
$37,500.00
BSD37,500.00
|
|
Taxi trip in downtown area (5 miles) |
$22.04
ISK3,066
|
$30.85
BSD30.85
|
|
pay 57.1% more for housing
Iceland
|
Bahamas
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$72.17
ISK10,042
|
$73.43
BSD73.43
|
|
1-Bedroom apartment in downtown area |
$1,838.04
ISK255,726
|
$1,522.92
BSD1,522.92
|
|
1-Bedroom apartment outside city center |
$1,497.77
ISK208,385
|
$1,550.00
BSD1,550.00
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$58.01
ISK8,072
|
$197.45
BSD197.45
|
|
pay 62.1% more for childcare
Iceland
|
Bahamas
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$258.16
ISK35,918
|
$453.33
BSD453.33
|
|
Middle school for 1 child, two semesters |
$5,993.99
ISK833,944
|
$8,905.56
BSD8,905.56
|
|
pay 4.8% more for entertainment and sports
Iceland
|
Bahamas
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$9.19
ISK1,278
|
$4.33
BSD4.33
|
|
Cappuccino in mid-range area |
$4.65
ISK647
|
$6.02
BSD6.02
|
|
Pack of cigarettes
Marlboro or similar
|
$11.76
ISK1,636
|
$10.66
BSD10.66
|
|
Monthly membership at local gym |
$61.46
ISK8,551
|
$80.69
BSD80.69
|
|
Movie ticket to theater/cinema |
$14.35
ISK1,996
|
$18.00
BSD18.00
|
|
pay 34.3% less for clothing
Iceland
|
Bahamas
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$111.23
ISK15,476
|
$57.50
BSD57.50
|
|
Regular dress
from H&M or similar store
|
$59.69
ISK8,305
|
$50.83
BSD50.83
|
|
Running shoes
Nike or Adidas
|
$148.00
ISK20,591
|
$106.00
BSD106.00
|
|
Men's business shoes (leather) |
$184.49
ISK25,669
|
$100.00
BSD100.00
|
|
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