Cost of living comparison
Macedonia is 53.5% cheaper than Iceland overall.
- Restaurants
-
pay 60.7% less in Macedonia
- Groceries
-
pay 57.2% less in Macedonia
- Transportation
-
pay 50.6% less in Macedonia
- Housing
-
pay 44.2% less in Macedonia
- Childcare
-
pay 40.6% less in Macedonia
- Entertainment and Sports
-
pay 70.0% less in Macedonia
- Clothing
-
pay 51.3% less in Macedonia
Expenses including entertainment and sports, restaurants, groceries, clothing, transportation, and housing are lower in Macedonia.
If you lived in Macedonia instead of Iceland, you would:
pay 60.7% less for restaurants
|
Iceland
|
Macedonia
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.40
ISK2,552
|
$5.21
MKD296.95
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.94
ISK2,229
|
$4.44
MKD252.63
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.81
ISK370
|
$1.47
MKD83.98
|
|
| Bottle of water (11 fl. oz) |
$2.02
ISK266
|
$1.04
MKD59.44
|
|
pay 57.2% less for groceries
|
Iceland
|
Macedonia
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.95
ISK389
|
$0.67
MKD38.22
|
|
| Local cheese (8 oz) |
$7.27
ISK956
|
$3.49
MKD198.65
|
|
| Milk (1 gallon) |
$6.01
ISK790
|
$4.51
MKD256.57
|
|
|
Eggs
1 dozen
|
$5.42
ISK713
|
$2.07
MKD117.59
|
|
| Boneless chicken breast (1 lb) |
$8.51
ISK1,119
|
$2.81
MKD159.91
|
|
| Apples (1 lb) |
$1.22
ISK161
|
$0.40
MKD22.61
|
|
| Bananas (1 lb) |
$1.03
ISK135
|
$0.58
MKD33.29
|
|
| Oranges (1 lb) |
$1.17
ISK154
|
$0.50
MKD28.55
|
|
| Tomatoes (1 lb) |
$1.87
ISK246
|
$0.67
MKD38.00
|
|
| Potatoes (1 lb) |
$1.23
ISK162
|
$0.39
MKD22.00
|
|
| Onions (1 lb) |
$0.78
ISK103
|
$0.43
MKD24.69
|
|
pay 50.6% less for transportation
|
Iceland
|
Macedonia
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.36
ISK1,100
|
$5.31
MKD302.18
|
|
| Monthly public transit pass |
$71.28
ISK9,379
|
$24.47
MKD1,393.52
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$40,660.66
ISK5,350,130
|
$30,527.06
MKD1,738,304.85
|
|
| Taxi trip in downtown area (5 miles) |
$22.04
ISK2,900
|
$5.46
MKD311.09
|
|
pay 44.2% less for housing
|
Iceland
|
Macedonia
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$72.17
ISK9,497
|
$16.42
MKD935.19
|
|
| 1-Bedroom apartment in downtown area |
$1,838.04
ISK241,849
|
$243.32
MKD13,855.63
|
|
| 1-Bedroom apartment outside city center |
$1,497.77
ISK197,077
|
$180.36
MKD10,270.27
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$58.01
ISK7,634
|
$101.51
MKD5,780.02
|
|
pay 40.6% less for childcare
|
Iceland
|
Macedonia
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$258.16
ISK33,969
|
$225.27
MKD12,827.53
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK788,690
|
$1,883.00
MKD107,223.82
|
|
pay 70.0% less for entertainment and sports
|
Iceland
|
Macedonia
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.19
ISK1,209
|
$1.78
MKD101.53
|
|
| Cappuccino in mid-range area |
$4.65
ISK612
|
$1.56
MKD88.91
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.76
ISK1,547
|
$2.74
MKD156.04
|
|
| Monthly membership at local gym |
$61.46
ISK8,087
|
$25.10
MKD1,429.04
|
|
| Movie ticket to theater/cinema |
$14.35
ISK1,888
|
$4.74
MKD270.05
|
|
pay 51.3% less for clothing
|
Iceland
|
Macedonia
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$111.23
ISK14,636
|
$50.12
MKD2,854.22
|
|
|
Regular dress
from H&M or similar store
|
$59.69
ISK7,854
|
$33.45
MKD1,904.62
|
|
|
Running shoes
Nike or Adidas
|
$148.00
ISK19,474
|
$72.27
MKD4,115.55
|
|
| Men's business shoes (leather) |
$184.49
ISK24,276
|
$82.74
MKD4,711.29
|
|
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