Cost of living comparison
Belgium is 3.6% more expensive than Iceland.
If you lived in Belgium instead of Iceland, you would:
pay 4.3% less for restaurants
Iceland
|
Belgium
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$19.40
ISK2,691
|
$19.07
€17.79
|
|
Fast food combo meal
McDonalds, or similar
|
$16.94
ISK2,350
|
$10.84
€10.11
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.81
ISK390
|
$2.78
€2.59
|
|
Bottle of water (11 fl. oz) |
$2.02
ISK280
|
$2.46
€2.29
|
|
pay 22.4% less for groceries
Iceland
|
Belgium
|
||
---|---|---|---|
Bread
1 loaf
|
$2.95
ISK410
|
$2.28
€2.13
|
|
Local cheese (8 oz) |
$7.27
ISK1,008
|
$6.70
€6.25
|
|
Milk (1 gallon) |
$6.01
ISK833
|
$4.44
€4.14
|
|
Eggs
1 dozen
|
$5.42
ISK752
|
$3.43
€3.20
|
|
Boneless chicken breast (1 lb) |
$8.51
ISK1,180
|
$4.78
€4.46
|
|
Apples (1 lb) |
$1.22
ISK170
|
$1.11
€1.03
|
|
Bananas (1 lb) |
$1.03
ISK142
|
$0.89
€0.83
|
|
Oranges (1 lb) |
$1.17
ISK162
|
$1.07
€1.00
|
|
Tomatoes (1 lb) |
$1.87
ISK260
|
$1.16
€1.08
|
|
Potatoes (1 lb) |
$1.23
ISK171
|
$0.83
€0.77
|
|
Onions (1 lb) |
$0.78
ISK109
|
$0.73
€0.68
|
|
pay 16.9% less for transportation
Iceland
|
Belgium
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.36
ISK1,160
|
$6.91
€6.45
|
|
Monthly public transit pass |
$71.28
ISK9,889
|
$45.41
€42.37
|
|
New Volkswagen Golf 1.4 (standard edition) |
$40,660.66
ISK5,641,260
|
$27,628.35
€25,776.31
|
|
Taxi trip in downtown area (5 miles) |
$22.04
ISK3,057
|
$26.01
€24.27
|
|
pay 6.3% more for housing
Iceland
|
Belgium
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$72.17
ISK10,013
|
$49.35
€46.04
|
|
1-Bedroom apartment in downtown area |
$1,838.04
ISK255,009
|
$815.11
€760.47
|
|
1-Bedroom apartment outside city center |
$1,497.77
ISK207,801
|
$705.09
€657.82
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$58.01
ISK8,049
|
$154.10
€143.77
|
|
pay 2.2 times more for childcare
Iceland
|
Belgium
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$258.16
ISK35,818
|
$557.50
€520.12
|
|
Middle school for 1 child, two semesters |
$5,993.99
ISK831,607
|
$13,740.85
€12,819.75
|
|
pay 30.9% less for entertainment and sports
Iceland
|
Belgium
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$9.19
ISK1,275
|
$4.34
€4.05
|
|
Cappuccino in mid-range area |
$4.65
ISK645
|
$3.51
€3.27
|
|
Pack of cigarettes
Marlboro or similar
|
$11.76
ISK1,631
|
$9.08
€8.47
|
|
Monthly membership at local gym |
$61.46
ISK8,527
|
$36.02
€33.61
|
|
Movie ticket to theater/cinema |
$14.35
ISK1,991
|
$12.48
€11.64
|
|
pay 28.8% less for clothing
Iceland
|
Belgium
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$111.23
ISK15,432
|
$92.82
€86.60
|
|
Regular dress
from H&M or similar store
|
$59.69
ISK8,281
|
$43.31
€40.40
|
|
Running shoes
Nike or Adidas
|
$148.00
ISK20,533
|
$90.40
€84.34
|
|
Men's business shoes (leather) |
$184.49
ISK25,597
|
$125.11
€116.72
|
|
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