Cost of living comparison
Georgia is 22.3% more expensive than Iceland overall.
- Restaurants
-
pay 21.2% less in Georgia
- Groceries
-
pay 7.0% more in Georgia
- Transportation
-
pay 31.3% less in Georgia
- Housing
-
pay 35.4% more in Georgia
- Childcare
-
pay 3.3 times more in Georgia
- Entertainment and Sports
-
pay 21.6% less in Georgia
- Clothing
-
pay 44.9% less in Georgia
The cost of childcare, housing, and groceries in Georgia are more expensive than in Iceland. Expenses including clothing, transportation, entertainment and sports, and restaurants are lower in Georgia. Notably, childcare is significantly more expensive in Georgia.
If you lived in Georgia instead of Iceland, you would:
pay 21.2% less for restaurants
|
Iceland
|
Georgia
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.40
ISK2,754
|
$16.73
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.94
ISK2,405
|
$9.43
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.81
ISK399
|
$2.34
|
|
| Bottle of water (11 fl. oz) |
$2.02
ISK287
|
$1.82
|
|
pay 7.0% more for groceries
|
Iceland
|
Georgia
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.95
ISK419
|
$3.05
|
|
| Local cheese (8 oz) |
$7.27
ISK1,032
|
$5.52
|
|
| Milk (1 gallon) |
$6.01
ISK853
|
$3.50
|
|
|
Eggs
1 dozen
|
$5.42
ISK769
|
$3.05
|
|
| Boneless chicken breast (1 lb) |
$8.51
ISK1,208
|
$4.80
|
|
| Apples (1 lb) |
$1.22
ISK174
|
$2.30
|
|
| Bananas (1 lb) |
$1.03
ISK146
|
$0.78
|
|
| Oranges (1 lb) |
$1.17
ISK166
|
$1.99
|
|
| Tomatoes (1 lb) |
$1.87
ISK266
|
$1.98
|
|
| Potatoes (1 lb) |
$1.23
ISK175
|
$1.45
|
|
| Onions (1 lb) |
$0.78
ISK111
|
$1.34
|
|
pay 31.3% less for transportation
|
Iceland
|
Georgia
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.36
ISK1,187
|
$3.14
|
|
| Monthly public transit pass |
$71.28
ISK10,120
|
$57.17
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$40,660.66
ISK5,773,001
|
$31,002.46
|
|
| Taxi trip in downtown area (5 miles) |
$22.04
ISK3,129
|
$17.79
|
|
pay 35.4% more for housing
|
Iceland
|
Georgia
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$72.17
ISK10,247
|
$70.08
|
|
| 1-Bedroom apartment in downtown area |
$1,838.04
ISK260,965
|
$1,504.92
|
|
| 1-Bedroom apartment outside city center |
$1,497.77
ISK212,653
|
$1,288.94
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$58.01
ISK8,237
|
$160.29
|
|
pay 3.3 times more for childcare
|
Iceland
|
Georgia
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$258.16
ISK36,654
|
$958.46
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK851,027
|
$17,600.99
|
|
pay 21.6% less for entertainment and sports
|
Iceland
|
Georgia
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.19
ISK1,305
|
$5.66
|
|
| Cappuccino in mid-range area |
$4.65
ISK660
|
$4.94
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.76
ISK1,669
|
$8.25
|
|
| Monthly membership at local gym |
$61.46
ISK8,726
|
$34.06
|
|
| Movie ticket to theater/cinema |
$14.35
ISK2,037
|
$14.13
|
|
pay 44.9% less for clothing
|
Iceland
|
Georgia
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$111.23
ISK15,793
|
$47.75
|
|
|
Regular dress
from H&M or similar store
|
$59.69
ISK8,475
|
$40.36
|
|
|
Running shoes
Nike or Adidas
|
$148.00
ISK21,013
|
$83.45
|
|
| Men's business shoes (leather) |
$184.49
ISK26,194
|
$98.93
|
|
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