Cost of living comparison
Madagascar is 53.7% cheaper than Iceland overall.
- Restaurants
-
pay 73.7% less in Madagascar
- Groceries
-
pay 59.6% less in Madagascar
- Transportation
-
pay 54.4% less in Madagascar
- Housing
-
pay 59.9% less in Madagascar
- Childcare
-
pay 11.6% more in Madagascar
- Entertainment and Sports
-
pay 69.9% less in Madagascar
- Clothing
-
pay 70.3% less in Madagascar
Expenses including restaurants, clothing, entertainment and sports, housing, groceries, and transportation are lower in Madagascar.
If you lived in Madagascar instead of Iceland, you would:
pay 73.7% less for restaurants
|
Iceland
|
Madagascar
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.40
ISK2,552
|
$2.90
MGA13,590
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.94
ISK2,229
|
$4.30
MGA20,134
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.81
ISK370
|
$0.92
MGA4,312
|
|
| Bottle of water (11 fl. oz) |
$2.02
ISK266
|
$0.65
MGA3,048
|
|
pay 59.6% less for groceries
|
Iceland
|
Madagascar
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.95
ISK389
|
$0.92
MGA4,306
|
|
| Local cheese (8 oz) |
$7.27
ISK956
|
$5.17
MGA24,221
|
|
| Milk (1 gallon) |
$6.01
ISK790
|
$3.71
MGA17,380
|
|
|
Eggs
1 dozen
|
$5.42
ISK713
|
$1.80
MGA8,456
|
|
| Boneless chicken breast (1 lb) |
$8.51
ISK1,119
|
$2.51
MGA11,758
|
|
| Apples (1 lb) |
$1.22
ISK161
|
$0.64
MGA3,006
|
|
| Bananas (1 lb) |
$1.03
ISK135
|
$0.32
MGA1,489
|
|
| Oranges (1 lb) |
$1.17
ISK154
|
$0.55
MGA2,569
|
|
| Tomatoes (1 lb) |
$1.87
ISK246
|
$0.34
MGA1,579
|
|
| Potatoes (1 lb) |
$1.23
ISK162
|
$0.28
MGA1,324
|
|
| Onions (1 lb) |
$0.78
ISK103
|
$0.37
MGA1,724
|
|
pay 54.4% less for transportation
|
Iceland
|
Madagascar
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.36
ISK1,100
|
$4.28
MGA20,054
|
|
| Monthly public transit pass |
$71.28
ISK9,379
|
?? | |
| New Volkswagen Golf 1.4 (standard edition) |
$40,660.66
ISK5,350,130
|
$11,817.99
MGA55,368,279
|
|
| Taxi trip in downtown area (5 miles) |
$22.04
ISK2,900
|
$12.46
MGA58,388
|
|
pay 59.9% less for housing
|
Iceland
|
Madagascar
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$72.17
ISK9,497
|
$58.38
MGA273,534
|
|
| 1-Bedroom apartment in downtown area |
$1,838.04
ISK241,849
|
$241.73
MGA1,132,533
|
|
| 1-Bedroom apartment outside city center |
$1,497.77
ISK197,077
|
$65.00
MGA304,551
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$58.01
ISK7,634
|
$35.96
MGA168,490
|
|
pay 11.6% more for childcare
|
Iceland
|
Madagascar
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$258.16
ISK33,969
|
$89.71
MGA420,296
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK788,690
|
$11,292.35
MGA52,905,606
|
|
pay 69.9% less for entertainment and sports
|
Iceland
|
Madagascar
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.19
ISK1,209
|
$0.91
MGA4,278
|
|
| Cappuccino in mid-range area |
$4.65
ISK612
|
$1.13
MGA5,302
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.76
ISK1,547
|
$2.46
MGA11,527
|
|
| Monthly membership at local gym |
$61.46
ISK8,087
|
$30.89
MGA144,713
|
|
| Movie ticket to theater/cinema |
$14.35
ISK1,888
|
$6.45
MGA30,201
|
|
pay 70.3% less for clothing
|
Iceland
|
Madagascar
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$111.23
ISK14,636
|
$14.15
MGA66,305
|
|
|
Regular dress
from H&M or similar store
|
$59.69
ISK7,854
|
$15.67
MGA73,405
|
|
|
Running shoes
Nike or Adidas
|
$148.00
ISK19,474
|
$71.98
MGA337,243
|
|
| Men's business shoes (leather) |
$184.49
ISK24,276
|
$57.39
MGA268,872
|
|
Change currency:
Help us improve these prices
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Madagascar or Iceland. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.