Cost of living comparison
Maryland is 65.9% more expensive than Iceland overall.
- Restaurants
-
pay 16.7% less in Maryland
- Groceries
-
pay 22.5% more in Maryland
- Transportation
-
pay 17.9% less in Maryland
- Housing
-
pay 36.9% more in Maryland
- Childcare
-
pay 5.8 times more in Maryland
- Entertainment and Sports
-
pay 7.5% less in Maryland
- Clothing
-
pay 38.8% less in Maryland
The cost of childcare, housing, and groceries in Maryland are more expensive than in Iceland. Expenses including clothing, transportation, restaurants, and entertainment and sports are lower in Maryland. Notably, childcare is significantly more expensive in Maryland.
If you lived in Maryland instead of Iceland, you would:
pay 16.7% less for restaurants
|
Iceland
|
Maryland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.40
ISK2,534
|
$18.52
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.94
ISK2,213
|
$9.32
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.81
ISK367
|
$2.35
|
|
| Bottle of water (11 fl. oz) |
$2.02
ISK264
|
$2.01
|
|
pay 22.5% more for groceries
|
Iceland
|
Maryland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.95
ISK386
|
$3.64
|
|
| Local cheese (8 oz) |
$7.27
ISK949
|
$6.32
|
|
| Milk (1 gallon) |
$6.01
ISK784
|
$3.96
|
|
|
Eggs
1 dozen
|
$5.42
ISK708
|
$3.43
|
|
| Boneless chicken breast (1 lb) |
$8.51
ISK1,111
|
$4.53
|
|
| Apples (1 lb) |
$1.22
ISK160
|
$2.77
|
|
| Bananas (1 lb) |
$1.03
ISK134
|
$0.78
|
|
| Oranges (1 lb) |
$1.17
ISK153
|
$2.48
|
|
| Tomatoes (1 lb) |
$1.87
ISK245
|
$2.42
|
|
| Potatoes (1 lb) |
$1.23
ISK161
|
$1.76
|
|
| Onions (1 lb) |
$0.78
ISK102
|
$1.32
|
|
pay 17.9% less for transportation
|
Iceland
|
Maryland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.36
ISK1,092
|
$3.38
|
|
| Monthly public transit pass |
$71.28
ISK9,310
|
$100.44
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$40,660.66
ISK5,310,689
|
$27,215.38
|
|
| Taxi trip in downtown area (5 miles) |
$22.04
ISK2,878
|
$17.66
|
|
pay 36.9% more for housing
|
Iceland
|
Maryland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$72.17
ISK9,427
|
$74.60
|
|
| 1-Bedroom apartment in downtown area |
$1,838.04
ISK240,066
|
$1,887.47
|
|
| 1-Bedroom apartment outside city center |
$1,497.77
ISK195,624
|
$1,554.10
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$58.01
ISK7,577
|
$137.97
|
|
pay 5.8 times more for childcare
|
Iceland
|
Maryland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$258.16
ISK33,719
|
$1,794.91
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK782,876
|
$28,176.36
|
|
pay 7.5% less for entertainment and sports
|
Iceland
|
Maryland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.19
ISK1,200
|
$5.98
|
|
| Cappuccino in mid-range area |
$4.65
ISK607
|
$4.95
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.76
ISK1,535
|
$10.40
|
|
| Monthly membership at local gym |
$61.46
ISK8,027
|
$61.66
|
|
| Movie ticket to theater/cinema |
$14.35
ISK1,874
|
$14.62
|
|
pay 38.8% less for clothing
|
Iceland
|
Maryland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$111.23
ISK14,528
|
$50.07
|
|
|
Regular dress
from H&M or similar store
|
$59.69
ISK7,796
|
$39.27
|
|
|
Running shoes
Nike or Adidas
|
$148.00
ISK19,330
|
$97.44
|
|
| Men's business shoes (leather) |
$184.49
ISK24,097
|
$125.81
|
|
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