Cost of living comparison
Grenada is 13.1% cheaper than Iceland.
If you lived in Grenada instead of Iceland, you would:
pay 46.9% less for restaurants
|
Iceland
|
Grenada
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.40
ISK2,670
|
$8.33
EC$22.50
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.94
ISK2,332
|
$8.79
EC$23.75
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.81
ISK387
|
$1.57
EC$4.25
|
|
| Bottle of water (11 fl. oz) |
$2.02
ISK278
|
$1.25
EC$3.38
|
|
pay 13.0% more for groceries
|
Iceland
|
Grenada
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.95
ISK407
|
$1.60
EC$4.33
|
|
| Local cheese (8 oz) |
$7.27
ISK1,000
|
$4.32
EC$11.68
|
|
| Milk (1 gallon) |
$6.01
ISK827
|
$17.86
EC$48.26
|
|
|
Eggs
1 dozen
|
$5.42
ISK746
|
$3.74
EC$10.11
|
|
| Boneless chicken breast (1 lb) |
$8.51
ISK1,171
|
$3.52
EC$9.52
|
|
| Apples (1 lb) |
$1.22
ISK168
|
$2.48
EC$6.70
|
|
| Bananas (1 lb) |
$1.03
ISK141
|
$0.84
EC$2.27
|
|
| Oranges (1 lb) |
$1.17
ISK161
|
$0.79
EC$2.13
|
|
| Tomatoes (1 lb) |
$1.87
ISK258
|
$1.34
EC$3.63
|
|
| Potatoes (1 lb) |
$1.23
ISK170
|
$2.32
EC$6.26
|
|
| Onions (1 lb) |
$0.78
ISK108
|
$0.86
EC$2.33
|
|
pay 2.2 times more for transportation
|
Iceland
|
Grenada
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.36
ISK1,151
|
$5.27
EC$14.25
|
|
| Monthly public transit pass |
$71.28
ISK9,812
|
$37.00
EC$100.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$40,660.66
ISK5,596,940
|
$24,976.41
EC$67,500.00
|
|
| Taxi trip in downtown area (5 miles) |
$22.04
ISK3,033
|
$155.41
EC$420.00
|
|
pay 3.0% less for housing
|
Iceland
|
Grenada
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$72.17
ISK9,935
|
$47.49
EC$128.33
|
|
| 1-Bedroom apartment in downtown area |
$1,838.04
ISK253,006
|
$557.56
EC$1,506.84
|
|
| 1-Bedroom apartment outside city center |
$1,497.77
ISK206,168
|
$305.55
EC$825.77
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$58.01
ISK7,986
|
$157.57
EC$425.84
|
|
pay 69.8% less for childcare
|
Iceland
|
Grenada
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$258.16
ISK35,536
|
$55.50
EC$150.00
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK825,073
|
$2,331.13
EC$6,300.00
|
|
pay 47.0% less for entertainment and sports
|
Iceland
|
Grenada
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.19
ISK1,265
|
$2.31
EC$6.25
|
|
| Cappuccino in mid-range area |
$4.65
ISK640
|
$3.89
EC$10.50
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.76
ISK1,618
|
$3.70
EC$10.00
|
|
| Monthly membership at local gym |
$61.46
ISK8,460
|
$34.56
EC$93.41
|
|
| Movie ticket to theater/cinema |
$14.35
ISK1,975
|
$9.83
EC$26.58
|
|
pay 58.1% less for clothing
|
Iceland
|
Grenada
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$111.23
ISK15,311
|
$25.90
EC$70.00
|
|
|
Regular dress
from H&M or similar store
|
$59.69
ISK8,216
|
$44.40
EC$120.00
|
|
|
Running shoes
Nike or Adidas
|
$148.00
ISK20,372
|
$42.55
EC$115.00
|
|
| Men's business shoes (leather) |
$184.49
ISK25,396
|
$75.85
EC$205.00
|
|
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