Cost of living comparison
Malawi is 40.7% cheaper than Iceland.
If you lived in Malawi instead of Iceland, you would:
pay 67.0% less for restaurants
|
Iceland
|
Malawi
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.51
ISK2,682
|
$4.34
MWK7,515.54
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.45
ISK2,261
|
$9.11
MWK15,769.92
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.70
ISK372
|
$0.87
MWK1,514.98
|
|
| Bottle of water (11 fl. oz) |
$1.95
ISK269
|
$0.43
MWK752.81
|
|
pay 36.1% less for groceries
|
Iceland
|
Malawi
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.16
ISK434
|
$1.37
MWK2,371.50
|
|
| Local cheese (8 oz) |
$6.72
ISK923
|
$4.82
MWK8,355.83
|
|
| Milk (1 gallon) |
$6.27
ISK862
|
$4.53
MWK7,839.65
|
|
|
Eggs
1 dozen
|
$6.03
ISK829
|
$2.31
MWK4,003.91
|
|
| Boneless chicken breast (1 lb) |
$7.60
ISK1,045
|
$1.93
MWK3,350.23
|
|
| Apples (1 lb) |
$1.13
ISK155
|
$1.04
MWK1,798.10
|
|
| Bananas (1 lb) |
$1.01
ISK139
|
$0.81
MWK1,408.35
|
|
| Oranges (1 lb) |
$1.15
ISK159
|
$1.13
MWK1,950.73
|
|
| Tomatoes (1 lb) |
$1.71
ISK235
|
$0.53
MWK915.84
|
|
| Potatoes (1 lb) |
$1.13
ISK155
|
$0.72
MWK1,250.01
|
|
| Onions (1 lb) |
$0.68
ISK94
|
$0.59
MWK1,019.00
|
|
pay 35.3% less for transportation
|
Iceland
|
Malawi
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.42
ISK1,157
|
$6.21
MWK10,752.39
|
|
| Monthly public transit pass |
$68.29
ISK9,387
|
$4.32
MWK7,484.90
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$39,714.69
ISK5,458,784
|
$35,910.51
MWK62,191,129.69
|
|
| Taxi trip in downtown area (5 miles) |
$23.23
ISK3,193
|
$20.54
MWK35,572.58
|
|
pay 16.5% less for housing
|
Iceland
|
Malawi
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$74.47
ISK10,236
|
$187.17
MWK324,153.32
|
|
| 1-Bedroom apartment in downtown area |
$1,518.94
ISK208,778
|
$203.55
MWK352,522.16
|
|
| 1-Bedroom apartment outside city center |
$1,325.48
ISK182,187
|
$99.20
MWK171,802.34
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$66.99
ISK9,208
|
$41.38
MWK71,670.63
|
|
pay 16.8% less for childcare
|
Iceland
|
Malawi
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$254.97
ISK35,045
|
$361.94
MWK626,821.33
|
|
| Middle school for 1 child, two semesters |
$5,993.83
ISK823,851
|
$1,469.79
MWK2,545,440.96
|
|
pay 59.3% less for entertainment and sports
|
Iceland
|
Malawi
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.37
ISK1,288
|
$1.12
MWK1,945.46
|
|
| Cappuccino in mid-range area |
$4.61
ISK634
|
$2.92
MWK5,060.04
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.22
ISK1,542
|
$1.59
MWK2,747.62
|
|
| Monthly membership at local gym |
$60.00
ISK8,247
|
$51.53
MWK89,243.99
|
|
| Movie ticket to theater/cinema |
$13.94
ISK1,916
|
$3.95
MWK6,841.72
|
|
pay 54.1% less for clothing
|
Iceland
|
Malawi
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$108.23
ISK14,877
|
$45.53
MWK78,850.51
|
|
|
Regular dress
from H&M or similar store
|
$59.73
ISK8,210
|
$35.18
MWK60,925.01
|
|
|
Running shoes
Nike or Adidas
|
$146.94
ISK20,197
|
$59.57
MWK103,168.72
|
|
| Men's business shoes (leather) |
$169.24
ISK23,262
|
$71.18
MWK123,278.23
|
|
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