Cost of living comparison
Estonia is 29.0% cheaper than Iceland.
If you lived in Estonia instead of Iceland, you would:
pay 37.5% less for restaurants
|
Iceland
|
Estonia
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.51
ISK2,682
|
$10.09
€9.28
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.45
ISK2,261
|
$8.14
€7.48
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.70
ISK372
|
$1.82
€1.68
|
|
| Bottle of water (11 fl. oz) |
$1.95
ISK269
|
$1.59
€1.46
|
|
pay 43.0% less for groceries
|
Iceland
|
Estonia
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.16
ISK434
|
$1.06
€0.97
|
|
| Local cheese (8 oz) |
$6.72
ISK923
|
$4.85
€4.46
|
|
| Milk (1 gallon) |
$6.27
ISK862
|
$3.95
€3.63
|
|
|
Eggs
1 dozen
|
$6.03
ISK829
|
$2.49
€2.29
|
|
| Boneless chicken breast (1 lb) |
$7.60
ISK1,045
|
$3.33
€3.07
|
|
| Apples (1 lb) |
$1.13
ISK155
|
$0.73
€0.67
|
|
| Bananas (1 lb) |
$1.01
ISK139
|
$0.62
€0.57
|
|
| Oranges (1 lb) |
$1.15
ISK159
|
$0.88
€0.81
|
|
| Tomatoes (1 lb) |
$1.71
ISK235
|
$1.25
€1.15
|
|
| Potatoes (1 lb) |
$1.13
ISK155
|
$0.39
€0.36
|
|
| Onions (1 lb) |
$0.68
ISK94
|
$0.43
€0.39
|
|
pay 43.4% less for transportation
|
Iceland
|
Estonia
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.42
ISK1,157
|
$7.06
€6.49
|
|
| Monthly public transit pass |
$68.29
ISK9,387
|
$23.92
€22.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$39,714.69
ISK5,458,784
|
$26,691.01
€24,544.60
|
|
| Taxi trip in downtown area (5 miles) |
$23.23
ISK3,193
|
$9.39
€8.63
|
|
pay 0.1% more for housing
|
Iceland
|
Estonia
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$74.47
ISK10,236
|
$25.00
€22.99
|
|
| 1-Bedroom apartment in downtown area |
$1,518.94
ISK208,778
|
$454.70
€418.14
|
|
| 1-Bedroom apartment outside city center |
$1,325.48
ISK182,187
|
$349.83
€321.70
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$66.99
ISK9,208
|
$207.98
€191.25
|
|
pay 0.2% more for childcare
|
Iceland
|
Estonia
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$254.97
ISK35,045
|
$200.34
€184.23
|
|
| Middle school for 1 child, two semesters |
$5,993.83
ISK823,851
|
$7,293.58
€6,707.05
|
|
pay 40.5% less for entertainment and sports
|
Iceland
|
Estonia
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.37
ISK1,288
|
$4.01
€3.69
|
|
| Cappuccino in mid-range area |
$4.61
ISK634
|
$3.06
€2.81
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.22
ISK1,542
|
$5.61
€5.16
|
|
| Monthly membership at local gym |
$60.00
ISK8,247
|
$45.53
€41.87
|
|
| Movie ticket to theater/cinema |
$13.94
ISK1,916
|
$8.73
€8.03
|
|
pay 38.9% less for clothing
|
Iceland
|
Estonia
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$108.23
ISK14,877
|
$88.43
€81.32
|
|
|
Regular dress
from H&M or similar store
|
$59.73
ISK8,210
|
$32.00
€29.43
|
|
|
Running shoes
Nike or Adidas
|
$146.94
ISK20,197
|
$75.24
€69.19
|
|
| Men's business shoes (leather) |
$169.24
ISK23,262
|
$98.03
€90.15
|
|
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