Cost of living comparison
North Carolina is 39.9% more expensive than Iceland overall.
- Restaurants
-
pay 22.6% less in North Carolina
- Groceries
-
pay 16.2% more in North Carolina
- Transportation
-
pay 28.4% less in North Carolina
- Housing
-
pay 23.9% more in North Carolina
- Childcare
-
pay 4.5 times more in North Carolina
- Entertainment and Sports
-
pay 19.2% less in North Carolina
- Clothing
-
pay 43.5% less in North Carolina
The cost of childcare, housing, and groceries in North Carolina are more expensive than in Iceland. Expenses including clothing, transportation, restaurants, and entertainment and sports are lower in North Carolina. Notably, childcare is significantly more expensive in North Carolina.
If you lived in North Carolina instead of Iceland, you would:
pay 22.6% less for restaurants
Iceland
|
North Carolina
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$19.40
ISK2,717
|
$16.06
|
|
Fast food combo meal
McDonalds, or similar
|
$16.94
ISK2,373
|
$10.06
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.81
ISK394
|
$2.31
|
|
Bottle of water (11 fl. oz) |
$2.02
ISK283
|
$1.72
|
|
pay 16.2% more for groceries
Iceland
|
North Carolina
|
||
---|---|---|---|
Bread
1 loaf
|
$2.95
ISK414
|
$3.48
|
|
Local cheese (8 oz) |
$7.27
ISK1,017
|
$6.25
|
|
Milk (1 gallon) |
$6.01
ISK841
|
$3.46
|
|
Eggs
1 dozen
|
$5.42
ISK759
|
$3.28
|
|
Boneless chicken breast (1 lb) |
$8.51
ISK1,191
|
$4.77
|
|
Apples (1 lb) |
$1.22
ISK171
|
$2.35
|
|
Bananas (1 lb) |
$1.03
ISK144
|
$0.74
|
|
Oranges (1 lb) |
$1.17
ISK164
|
$2.18
|
|
Tomatoes (1 lb) |
$1.87
ISK262
|
$2.16
|
|
Potatoes (1 lb) |
$1.23
ISK173
|
$1.51
|
|
Onions (1 lb) |
$0.78
ISK110
|
$1.66
|
|
pay 28.4% less for transportation
Iceland
|
North Carolina
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.36
ISK1,171
|
$3.19
|
|
Monthly public transit pass |
$71.28
ISK9,983
|
$53.89
|
|
New Volkswagen Golf 1.4 (standard edition) |
$40,660.66
ISK5,694,526
|
$34,400.31
|
|
Taxi trip in downtown area (5 miles) |
$22.04
ISK3,086
|
$19.36
|
|
pay 23.9% more for housing
Iceland
|
North Carolina
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$72.17
ISK10,108
|
$72.47
|
|
1-Bedroom apartment in downtown area |
$1,838.04
ISK257,417
|
$1,527.81
|
|
1-Bedroom apartment outside city center |
$1,497.77
ISK209,763
|
$1,294.23
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$58.01
ISK8,125
|
$130.82
|
|
pay 4.5 times more for childcare
Iceland
|
North Carolina
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$258.16
ISK36,156
|
$1,254.70
|
|
Middle school for 1 child, two semesters |
$5,993.99
ISK839,459
|
$25,128.75
|
|
pay 19.2% less for entertainment and sports
Iceland
|
North Carolina
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$9.19
ISK1,287
|
$5.09
|
|
Cappuccino in mid-range area |
$4.65
ISK651
|
$4.89
|
|
Pack of cigarettes
Marlboro or similar
|
$11.76
ISK1,646
|
$7.33
|
|
Monthly membership at local gym |
$61.46
ISK8,607
|
$54.04
|
|
Movie ticket to theater/cinema |
$14.35
ISK2,009
|
$13.35
|
|
pay 43.5% less for clothing
Iceland
|
North Carolina
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$111.23
ISK15,578
|
$49.88
|
|
Regular dress
from H&M or similar store
|
$59.69
ISK8,359
|
$37.28
|
|
Running shoes
Nike or Adidas
|
$148.00
ISK20,727
|
$86.65
|
|
Men's business shoes (leather) |
$184.49
ISK25,838
|
$111.01
|
|
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