Cost of living comparison

Iceland

compared to

Jamaica

Jamaica vs. Iceland Cost of Living Summary

Jamaica is 34.7% cheaper than Iceland overall.

Restaurants: pay 56.9% less in Jamaica
Groceries: pay 8.4% more in Jamaica
Transportation: pay 21.8% less in Jamaica
Housing: pay 25.4% less in Jamaica
Childcare: pay 45.0% less in Jamaica
Entertainment and Sports: pay 36.8% less in Jamaica
Clothing: pay 65.1% less in Jamaica

Expenses including clothing, restaurants, childcare, entertainment and sports, housing, and transportation are lower in Jamaica.

Jamaica vs. Iceland Cost Breakdown

If you lived in Jamaica instead of Iceland, you would:

Display currency: USD

pay 56.9% less for restaurants

	Iceland	Jamaica
Basic meal with drink at inexpensive restaurant	$19.40 ISK2,534	$7.25 JMD1,150.97	-62.6%
Fast food combo meal McDonalds, or similar	$16.94 ISK2,213	$7.80 JMD1,239.00	-54.0%
Bottle of Coca-Cola (11 fl. oz)	$2.81 ISK367	$1.33 JMD211.28	-52.7%
Bottle of water (11 fl. oz)	$2.02 ISK264	$0.85 JMD134.35	-58.2%
Average			-56.9%

Iceland vs. Jamaica - Cost of restaurants

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pay 8.4% more for groceries

	Iceland	Jamaica
Bread 1 loaf	$2.95 ISK386	$2.62 JMD416.46	-11.2%
Local cheese (8 oz)	$7.27 ISK949	$5.91 JMD939.41	-18.6%
Milk (1 gallon)	$6.01 ISK784	$13.43 JMD2,132.38	+123.5%
Eggs 1 dozen	$5.42 ISK708	$3.35 JMD531.68	-38.2%
Boneless chicken breast (1 lb)	$8.51 ISK1,111	$2.97 JMD471.42	-65.1%
Apples (1 lb)	$1.22 ISK160	$2.46 JMD391.04	+101.2%
Bananas (1 lb)	$1.03 ISK134	$1.21 JMD191.41	+17.4%
Oranges (1 lb)	$1.17 ISK153	$1.71 JMD271.47	+45.9%
Tomatoes (1 lb)	$1.87 ISK245	$1.22 JMD193.39	-35.0%
Potatoes (1 lb)	$1.23 ISK161	$0.92 JMD145.90	-25.6%
Onions (1 lb)	$0.78 ISK102	$0.77 JMD121.63	-2.4%
Average			+8.4%

Iceland vs. Jamaica - Cost of groceries

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pay 21.8% less for transportation

	Iceland	Jamaica
Gasoline (1 gallon)	$8.36 ISK1,092	$4.83 JMD767.75	-42.2%
Monthly public transit pass	$71.28 ISK9,310	$37.59 JMD5,971.08	-47.3%
New Volkswagen Golf 1.4 (standard edition)	$40,660.66 ISK5,310,689	$40,601.97 JMD6,448,761.57	-0.1%
Taxi trip in downtown area (5 miles)	$22.04 ISK2,878	$22.62 JMD3,592.60	+2.6%
Average			-21.8%

Iceland vs. Jamaica - Cost of transportation

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pay 25.4% less for housing

	Iceland	Jamaica
Internet connection 50 mbps or faster, cable/dsl	$72.17 ISK9,427	$48.42 JMD7,691.01	-32.9%
1-Bedroom apartment in downtown area	$1,838.04 ISK240,066	$594.87 JMD94,481.72	-67.6%
1-Bedroom apartment outside city center	$1,497.77 ISK195,624	$355.79 JMD56,509.37	-76.2%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$58.01 ISK7,577	$101.67 JMD16,147.58	+75.2%
Average			-25.4%

Iceland vs. Jamaica - Cost of housing

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pay 45.0% less for childcare

	Iceland	Jamaica
Private preschool for 1 child, monthly	$258.16 ISK33,719	$194.86 JMD30,950.07	-24.5%
Middle school for 1 child, two semesters	$5,993.99 ISK782,876	$2,060.17 JMD327,214.94	-65.6%
Average			-45.0%

Iceland vs. Jamaica - Cost of childcare

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pay 36.8% less for entertainment and sports

	Iceland	Jamaica
Domestic/local beer (1 pint)	$9.19 ISK1,200	$2.65 JMD420.35	-71.2%
Cappuccino in mid-range area	$4.65 ISK607	$3.05 JMD484.29	-34.4%
Pack of cigarettes Marlboro or similar	$11.76 ISK1,535	$8.65 JMD1,373.35	-26.4%
Monthly membership at local gym	$61.46 ISK8,027	$41.08 JMD6,523.95	-33.2%
Movie ticket to theater/cinema	$14.35 ISK1,874	$11.65 JMD1,851.03	-18.8%
Average			-36.8%

Iceland vs. Jamaica - Cost of entertainment and sports

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pay 65.1% less for clothing

	Iceland	Jamaica
Regular jeans Levi's brand	$111.23 ISK14,528	$24.19 JMD3,841.39	-78.3%
Regular dress from H&M or similar store	$59.69 ISK7,796	$21.83 JMD3,466.54	-63.4%
Running shoes Nike or Adidas	$148.00 ISK19,330	$66.00 JMD10,482.55	-55.4%
Men's business shoes (leather)	$184.49 ISK24,097	$67.67 JMD10,747.94	-63.3%
Average			-65.1%

Iceland vs. Jamaica - Cost of clothing

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: May 2025

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