Cost of living comparison
Colorado is 40.1% more expensive than Iceland overall.
- Restaurants
-
pay 6.0% less in Colorado
- Groceries
-
pay 8.6% more in Colorado
- Transportation
-
pay 22.2% less in Colorado
- Housing
-
pay 36.1% more in Colorado
- Childcare
-
pay 4.1 times more in Colorado
- Entertainment and Sports
-
pay 12.8% less in Colorado
- Clothing
-
pay 36.6% less in Colorado
The cost of childcare, housing, and groceries in Colorado are more expensive than in Iceland. Expenses including clothing, transportation, entertainment and sports, and restaurants are lower in Colorado. Notably, childcare is significantly more expensive in Colorado.
If you lived in Colorado instead of Iceland, you would:
pay 6.0% less for restaurants
|
Iceland
|
Colorado
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.40
ISK2,534
|
$19.04
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.94
ISK2,213
|
$11.37
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.81
ISK367
|
$2.70
|
|
| Bottle of water (11 fl. oz) |
$2.02
ISK264
|
$2.32
|
|
pay 8.6% more for groceries
|
Iceland
|
Colorado
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.95
ISK386
|
$3.50
|
|
| Local cheese (8 oz) |
$7.27
ISK949
|
$7.51
|
|
| Milk (1 gallon) |
$6.01
ISK784
|
$3.76
|
|
|
Eggs
1 dozen
|
$5.42
ISK708
|
$3.57
|
|
| Boneless chicken breast (1 lb) |
$8.51
ISK1,111
|
$5.32
|
|
| Apples (1 lb) |
$1.22
ISK160
|
$2.02
|
|
| Bananas (1 lb) |
$1.03
ISK134
|
$0.70
|
|
| Oranges (1 lb) |
$1.17
ISK153
|
$1.69
|
|
| Tomatoes (1 lb) |
$1.87
ISK245
|
$2.25
|
|
| Potatoes (1 lb) |
$1.23
ISK161
|
$1.40
|
|
| Onions (1 lb) |
$0.78
ISK102
|
$1.34
|
|
pay 22.2% less for transportation
|
Iceland
|
Colorado
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.36
ISK1,092
|
$3.25
|
|
| Monthly public transit pass |
$71.28
ISK9,310
|
$88.88
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$40,660.66
ISK5,310,689
|
$31,015.29
|
|
| Taxi trip in downtown area (5 miles) |
$22.04
ISK2,878
|
$15.73
|
|
pay 36.1% more for housing
|
Iceland
|
Colorado
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$72.17
ISK9,427
|
$66.60
|
|
| 1-Bedroom apartment in downtown area |
$1,838.04
ISK240,066
|
$1,907.44
|
|
| 1-Bedroom apartment outside city center |
$1,497.77
ISK195,624
|
$1,578.72
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$58.01
ISK7,577
|
$140.99
|
|
pay 4.1 times more for childcare
|
Iceland
|
Colorado
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$258.16
ISK33,719
|
$1,413.76
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK782,876
|
$16,745.82
|
|
pay 12.8% less for entertainment and sports
|
Iceland
|
Colorado
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.19
ISK1,200
|
$5.84
|
|
| Cappuccino in mid-range area |
$4.65
ISK607
|
$5.15
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.76
ISK1,535
|
$9.83
|
|
| Monthly membership at local gym |
$61.46
ISK8,027
|
$53.68
|
|
| Movie ticket to theater/cinema |
$14.35
ISK1,874
|
$13.00
|
|
pay 36.6% less for clothing
|
Iceland
|
Colorado
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$111.23
ISK14,528
|
$54.41
|
|
|
Regular dress
from H&M or similar store
|
$59.69
ISK7,796
|
$49.30
|
|
|
Running shoes
Nike or Adidas
|
$148.00
ISK19,330
|
$89.28
|
|
| Men's business shoes (leather) |
$184.49
ISK24,097
|
$113.77
|
|
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