Cost of living comparison
Isle of Man is 36.1% more expensive than Iceland overall.
- Restaurants
-
pay 6.9% less in Isle of Man
- Groceries
-
pay 21.3% less in Isle of Man
- Transportation
-
pay 12.5% less in Isle of Man
- Housing
-
pay 46.1% more in Isle of Man
- Childcare
-
pay 3.8 times more in Isle of Man
- Entertainment and Sports
-
pay 6.0% more in Isle of Man
- Clothing
-
pay 40.4% less in Isle of Man
The cost of childcare, housing, and entertainment and sports in Isle of Man are more expensive than in Iceland. Expenses including clothing, groceries, transportation, and restaurants are lower in Isle of Man. Notably, childcare is significantly more expensive in Isle of Man.
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
ISK2,552
|
$25.83
£19.95
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.94
ISK2,229
|
$9.04
£6.98
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.81
ISK370
|
$2.62
£2.03
|
|
| Bottle of water (11 fl. oz) |
$2.02
ISK266
|
$1.87
£1.45
|
|
pay 21.3% less for groceries
|
Iceland
|
Isle of Man
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.95
ISK389
|
$1.91
£1.47
|
|
| Local cheese (8 oz) |
$7.27
ISK956
|
$3.41
£2.64
|
|
| Milk (1 gallon) |
$6.01
ISK790
|
$6.95
£5.37
|
|
|
Eggs
1 dozen
|
$5.42
ISK713
|
$3.74
£2.89
|
|
| Boneless chicken breast (1 lb) |
$8.51
ISK1,119
|
$3.80
£2.93
|
|
| Apples (1 lb) |
$1.22
ISK161
|
$1.13
£0.87
|
|
| Bananas (1 lb) |
$1.03
ISK135
|
$0.74
£0.57
|
|
| Oranges (1 lb) |
$1.17
ISK154
|
$1.03
£0.79
|
|
| Tomatoes (1 lb) |
$1.87
ISK246
|
$1.36
£1.05
|
|
| Potatoes (1 lb) |
$1.23
ISK162
|
$0.74
£0.57
|
|
| Onions (1 lb) |
$0.78
ISK103
|
$1.10
£0.85
|
|
pay 12.5% less for transportation
|
Iceland
|
Isle of Man
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.36
ISK1,100
|
$7.66
£5.92
|
|
| Monthly public transit pass |
$71.28
ISK9,379
|
$72.11
£55.70
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$40,660.66
ISK5,350,130
|
$32,288.44
£24,941.82
|
|
| Taxi trip in downtown area (5 miles) |
$22.04
ISK2,900
|
$17.18
£13.27
|
|
pay 46.1% more for housing
|
Iceland
|
Isle of Man
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$72.17
ISK9,497
|
$68.19
£52.68
|
|
| 1-Bedroom apartment in downtown area |
$1,838.04
ISK241,849
|
$1,183.91
£914.53
|
|
| 1-Bedroom apartment outside city center |
$1,497.77
ISK197,077
|
$968.65
£748.25
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$58.01
ISK7,634
|
$209.19
£161.60
|
|
pay 3.8 times more for childcare
|
Iceland
|
Isle of Man
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$258.16
ISK33,969
|
$1,174.87
£907.55
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK788,690
|
$18,512.04
£14,299.97
|
|
pay 6.0% more for entertainment and sports
|
Iceland
|
Isle of Man
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.19
ISK1,209
|
$6.33
£4.89
|
|
| Cappuccino in mid-range area |
$4.65
ISK612
|
$5.05
£3.90
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.76
ISK1,547
|
$21.31
£16.46
|
|
| Monthly membership at local gym |
$61.46
ISK8,087
|
$52.74
£40.74
|
|
| Movie ticket to theater/cinema |
$14.35
ISK1,888
|
$12.27
£9.48
|
|
pay 40.4% less for clothing
|
Iceland
|
Isle of Man
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$111.23
ISK14,636
|
$80.51
£62.19
|
|
|
Regular dress
from H&M or similar store
|
$59.69
ISK7,854
|
$39.71
£30.68
|
|
|
Running shoes
Nike or Adidas
|
$148.00
ISK19,474
|
$90.84
£70.17
|
|
| Men's business shoes (leather) |
$184.49
ISK24,276
|
$70.17
£54.21
|
|
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