Cost of living comparison
Phoenix is 21.6% more expensive than Iceland overall.
- Restaurants
-
pay 6.5% less in Phoenix
- Groceries
-
pay 3.1% more in Phoenix
- Transportation
-
pay 38.3% less in Phoenix
- Housing
-
pay 53.3% more in Phoenix
- Childcare
-
pay 3.0 times more in Phoenix
- Entertainment and Sports
-
pay 22.1% less in Phoenix
- Clothing
-
pay 43.0% less in Phoenix
The cost of childcare, housing, and groceries in Phoenix are more expensive than in Iceland. Expenses including clothing, transportation, entertainment and sports, and restaurants are lower in Phoenix. Notably, childcare is significantly more expensive in Phoenix.
If you lived in Phoenix instead of Iceland, you would:
pay 6.5% less for restaurants
|
Iceland
|
Phoenix
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.40
ISK2,689
|
$20.00
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.94
ISK2,348
|
$12.00
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.81
ISK390
|
$2.66
|
|
| Bottle of water (11 fl. oz) |
$2.02
ISK280
|
$2.14
|
|
pay 3.1% more for groceries
|
Iceland
|
Phoenix
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.95
ISK410
|
$3.79
|
|
| Local cheese (8 oz) |
$7.27
ISK1,007
|
$5.37
|
|
| Milk (1 gallon) |
$6.01
ISK833
|
$3.36
|
|
|
Eggs
1 dozen
|
$5.42
ISK751
|
$3.83
|
|
| Boneless chicken breast (1 lb) |
$8.51
ISK1,179
|
$4.34
|
|
| Apples (1 lb) |
$1.22
ISK170
|
$1.92
|
|
| Bananas (1 lb) |
$1.03
ISK142
|
$0.64
|
|
| Oranges (1 lb) |
$1.17
ISK162
|
$1.89
|
|
| Tomatoes (1 lb) |
$1.87
ISK260
|
$2.03
|
|
| Potatoes (1 lb) |
$1.23
ISK171
|
$1.39
|
|
| Onions (1 lb) |
$0.78
ISK109
|
$1.20
|
|
pay 38.3% less for transportation
|
Iceland
|
Phoenix
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.36
ISK1,159
|
$3.71
|
|
| Monthly public transit pass |
$71.28
ISK9,881
|
$47.50
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$40,660.66
ISK5,636,381
|
$30,000.00
|
|
| Taxi trip in downtown area (5 miles) |
$22.04
ISK3,055
|
$13.69
|
|
pay 53.3% more for housing
|
Iceland
|
Phoenix
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$72.17
ISK10,005
|
$76.55
|
|
| 1-Bedroom apartment in downtown area |
$1,838.04
ISK254,789
|
$1,604.10
|
|
| 1-Bedroom apartment outside city center |
$1,497.77
ISK207,621
|
$1,380.70
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$58.01
ISK8,042
|
$189.98
|
|
pay 3.0 times more for childcare
|
Iceland
|
Phoenix
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$258.16
ISK35,787
|
$1,125.00
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK830,887
|
$10,400.00
|
|
pay 22.1% less for entertainment and sports
|
Iceland
|
Phoenix
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.19
ISK1,274
|
$5.50
|
|
| Cappuccino in mid-range area |
$4.65
ISK644
|
$5.58
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.76
ISK1,630
|
$9.89
|
|
| Monthly membership at local gym |
$61.46
ISK8,520
|
$25.75
|
|
| Movie ticket to theater/cinema |
$14.35
ISK1,989
|
$12.00
|
|
pay 43.0% less for clothing
|
Iceland
|
Phoenix
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$111.23
ISK15,419
|
$48.33
|
|
|
Regular dress
from H&M or similar store
|
$59.69
ISK8,274
|
$38.33
|
|
|
Running shoes
Nike or Adidas
|
$148.00
ISK20,516
|
$87.38
|
|
| Men's business shoes (leather) |
$184.49
ISK25,575
|
$112.94
|
|
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