Cost of living comparison
Barbados is 0.2% cheaper than Iceland.
If you lived in Barbados instead of Iceland, you would:
pay 10.2% less for restaurants
|
Iceland
|
Barbados
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.40
ISK2,670
|
$31.67
BBD63.33
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.94
ISK2,332
|
$10.75
BBD21.50
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.81
ISK387
|
$1.79
BBD3.58
|
|
| Bottle of water (11 fl. oz) |
$2.02
ISK278
|
$1.39
BBD2.77
|
|
pay 48.4% more for groceries
|
Iceland
|
Barbados
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.95
ISK407
|
$2.57
BBD5.15
|
|
| Local cheese (8 oz) |
$7.27
ISK1,000
|
$7.32
BBD14.65
|
|
| Milk (1 gallon) |
$6.01
ISK827
|
$13.65
BBD27.30
|
|
|
Eggs
1 dozen
|
$5.42
ISK746
|
$5.22
BBD10.44
|
|
| Boneless chicken breast (1 lb) |
$8.51
ISK1,171
|
$6.15
BBD12.30
|
|
| Apples (1 lb) |
$1.22
ISK168
|
$1.78
BBD3.57
|
|
| Bananas (1 lb) |
$1.03
ISK141
|
$1.42
BBD2.83
|
|
| Oranges (1 lb) |
$1.17
ISK161
|
$2.52
BBD5.05
|
|
| Tomatoes (1 lb) |
$1.87
ISK258
|
$2.65
BBD5.29
|
|
| Potatoes (1 lb) |
$1.23
ISK170
|
$1.92
BBD3.83
|
|
| Onions (1 lb) |
$0.78
ISK108
|
$1.98
BBD3.96
|
|
pay 4.7% more for transportation
|
Iceland
|
Barbados
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.36
ISK1,151
|
$7.82
BBD15.64
|
|
| Monthly public transit pass |
$71.28
ISK9,812
|
$51.00
BBD102.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$40,660.66
ISK5,596,940
|
$41,250.00
BBD82,500.00
|
|
| Taxi trip in downtown area (5 miles) |
$22.04
ISK3,033
|
$33.60
BBD67.20
|
|
pay 16.1% less for housing
|
Iceland
|
Barbados
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$72.17
ISK9,935
|
$59.67
BBD119.33
|
|
| 1-Bedroom apartment in downtown area |
$1,838.04
ISK253,006
|
$716.11
BBD1,432.22
|
|
| 1-Bedroom apartment outside city center |
$1,497.77
ISK206,168
|
$615.56
BBD1,231.11
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$58.01
ISK7,986
|
$100.37
BBD200.74
|
|
pay 13.8% more for childcare
|
Iceland
|
Barbados
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$258.16
ISK35,536
|
$318.06
BBD636.11
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK825,073
|
$6,250.00
BBD12,500.00
|
|
pay 19.7% less for entertainment and sports
|
Iceland
|
Barbados
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.19
ISK1,265
|
$2.43
BBD4.86
|
|
| Cappuccino in mid-range area |
$4.65
ISK640
|
$4.68
BBD9.36
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.76
ISK1,618
|
$8.70
BBD17.40
|
|
| Monthly membership at local gym |
$61.46
ISK8,460
|
$79.38
BBD158.75
|
|
| Movie ticket to theater/cinema |
$14.35
ISK1,975
|
$10.25
BBD20.50
|
|
pay 22.4% less for clothing
|
Iceland
|
Barbados
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$111.23
ISK15,311
|
$66.94
BBD133.89
|
|
|
Regular dress
from H&M or similar store
|
$59.69
ISK8,216
|
$57.50
BBD115.00
|
|
|
Running shoes
Nike or Adidas
|
$148.00
ISK20,372
|
$142.01
BBD284.03
|
|
| Men's business shoes (leather) |
$184.49
ISK25,396
|
$106.39
BBD212.78
|
|
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