Cost of living comparison
Isle of Man is 36.1% more expensive than Iceland.
If you lived in Isle of Man instead of Iceland, you would:
pay 6.9% less for restaurants
|
Iceland
|
Isle of Man
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.40
ISK2,709
|
$25.83
£20.61
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.94
ISK2,366
|
$9.04
£7.22
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.81
ISK393
|
$2.62
£2.09
|
|
| Bottle of water (11 fl. oz) |
$2.02
ISK282
|
$1.87
£1.49
|
|
pay 21.3% less for groceries
|
Iceland
|
Isle of Man
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.95
ISK413
|
$1.91
£1.52
|
|
| Local cheese (8 oz) |
$7.27
ISK1,015
|
$3.41
£2.72
|
|
| Milk (1 gallon) |
$6.01
ISK839
|
$6.95
£5.55
|
|
|
Eggs
1 dozen
|
$5.42
ISK757
|
$3.74
£2.98
|
|
| Boneless chicken breast (1 lb) |
$8.51
ISK1,188
|
$3.80
£3.03
|
|
| Apples (1 lb) |
$1.22
ISK171
|
$1.13
£0.90
|
|
| Bananas (1 lb) |
$1.03
ISK143
|
$0.74
£0.59
|
|
| Oranges (1 lb) |
$1.17
ISK164
|
$1.03
£0.82
|
|
| Tomatoes (1 lb) |
$1.87
ISK262
|
$1.36
£1.09
|
|
| Potatoes (1 lb) |
$1.23
ISK172
|
$0.74
£0.59
|
|
| Onions (1 lb) |
$0.78
ISK110
|
$1.10
£0.88
|
|
pay 12.5% less for transportation
|
Iceland
|
Isle of Man
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.36
ISK1,168
|
$7.66
£6.11
|
|
| Monthly public transit pass |
$71.28
ISK9,956
|
$72.11
£57.55
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$40,660.66
ISK5,679,481
|
$32,288.44
£25,767.88
|
|
| Taxi trip in downtown area (5 miles) |
$22.04
ISK3,078
|
$17.18
£13.71
|
|
pay 46.1% more for housing
|
Iceland
|
Isle of Man
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$72.17
ISK10,081
|
$68.19
£54.42
|
|
| 1-Bedroom apartment in downtown area |
$1,838.04
ISK256,737
|
$1,183.91
£944.82
|
|
| 1-Bedroom apartment outside city center |
$1,497.77
ISK209,209
|
$968.65
£773.04
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$58.01
ISK8,103
|
$209.19
£166.95
|
|
pay 3.8 times more for childcare
|
Iceland
|
Isle of Man
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$258.16
ISK36,060
|
$1,174.87
£937.61
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK837,241
|
$18,512.04
£14,773.59
|
|
pay 6.0% more for entertainment and sports
|
Iceland
|
Isle of Man
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.19
ISK1,283
|
$6.33
£5.05
|
|
| Cappuccino in mid-range area |
$4.65
ISK649
|
$5.05
£4.03
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.76
ISK1,642
|
$21.31
£17.01
|
|
| Monthly membership at local gym |
$61.46
ISK8,585
|
$52.74
£42.09
|
|
| Movie ticket to theater/cinema |
$14.35
ISK2,004
|
$12.27
£9.79
|
|
pay 40.4% less for clothing
|
Iceland
|
Isle of Man
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$111.23
ISK15,537
|
$80.51
£64.25
|
|
|
Regular dress
from H&M or similar store
|
$59.69
ISK8,337
|
$39.71
£31.69
|
|
|
Running shoes
Nike or Adidas
|
$148.00
ISK20,673
|
$90.84
£72.49
|
|
| Men's business shoes (leather) |
$184.49
ISK25,770
|
$70.17
£56.00
|
|
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