Cost of living comparison
Boston is 2.0 times more expensive than Iceland.
If you lived in Boston instead of Iceland, you would:
pay 6.2% more for restaurants
Iceland
|
Boston
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$19.51
ISK2,678
|
$22.50
|
|
Fast food combo meal
McDonalds, or similar
|
$16.45
ISK2,257
|
$12.00
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.70
ISK371
|
$2.86
|
|
Bottle of water (11 fl. oz) |
$1.95
ISK268
|
$2.56
|
|
pay 52.9% more for groceries
Iceland
|
Boston
|
||
---|---|---|---|
Bread
1 loaf
|
$3.16
ISK433
|
$4.41
|
|
Local cheese (8 oz) |
$6.72
ISK922
|
$10.47
|
|
Milk (1 gallon) |
$6.27
ISK861
|
$4.84
|
|
Eggs
1 dozen
|
$6.03
ISK828
|
$4.79
|
|
Boneless chicken breast (1 lb) |
$7.60
ISK1,043
|
$6.42
|
|
Apples (1 lb) |
$1.13
ISK155
|
$2.59
|
|
Bananas (1 lb) |
$1.01
ISK138
|
$0.96
|
|
Oranges (1 lb) |
$1.15
ISK158
|
$2.83
|
|
Tomatoes (1 lb) |
$1.71
ISK235
|
$2.95
|
|
Potatoes (1 lb) |
$1.13
ISK155
|
$1.72
|
|
Onions (1 lb) |
$0.68
ISK94
|
$1.70
|
|
pay 19.5% less for transportation
Iceland
|
Boston
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.42
ISK1,156
|
$3.58
|
|
Monthly public transit pass |
$68.29
ISK9,373
|
$90.00
|
|
New Volkswagen Golf 1.4 (standard edition) |
$39,714.69
ISK5,450,444
|
$30,000.00
|
|
Taxi trip in downtown area (5 miles) |
$23.23
ISK3,188
|
$16.72
|
|
pay 74.1% more for housing
Iceland
|
Boston
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$74.47
ISK10,221
|
$69.92
|
|
1-Bedroom apartment in downtown area |
$1,518.94
ISK208,459
|
$3,145.77
|
|
1-Bedroom apartment outside city center |
$1,325.48
ISK181,909
|
$2,256.09
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$66.99
ISK9,194
|
$150.95
|
|
pay 7.1 times more for childcare
Iceland
|
Boston
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$254.97
ISK34,992
|
$2,416.67
|
|
Middle school for 1 child, two semesters |
$5,993.83
ISK822,593
|
$28,000.00
|
|
pay 20.6% more for entertainment and sports
Iceland
|
Boston
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$9.37
ISK1,287
|
$8.00
|
|
Cappuccino in mid-range area |
$4.61
ISK633
|
$5.62
|
|
Pack of cigarettes
Marlboro or similar
|
$11.22
ISK1,539
|
$13.66
|
|
Monthly membership at local gym |
$60.00
ISK8,235
|
$95.56
|
|
Movie ticket to theater/cinema |
$13.94
ISK1,913
|
$16.00
|
|
pay 28.9% less for clothing
Iceland
|
Boston
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$108.23
ISK14,854
|
$58.78
|
|
Regular dress
from H&M or similar store
|
$59.73
ISK8,198
|
$44.64
|
|
Running shoes
Nike or Adidas
|
$146.94
ISK20,166
|
$92.89
|
|
Men's business shoes (leather) |
$169.24
ISK23,226
|
$155.69
|
|
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