Cost of living comparison
Phoenix is 22.1% more expensive than Iceland.
If you lived in Phoenix instead of Iceland, you would:
pay 10.4% less for restaurants
|
Iceland
|
Phoenix
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.51
ISK2,695
|
$19.99
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.45
ISK2,272
|
$10.00
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.70
ISK373
|
$2.59
|
|
| Bottle of water (11 fl. oz) |
$1.95
ISK270
|
$1.94
|
|
pay 9.6% more for groceries
|
Iceland
|
Phoenix
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.16
ISK436
|
$3.67
|
|
| Local cheese (8 oz) |
$6.72
ISK928
|
$5.41
|
|
| Milk (1 gallon) |
$6.27
ISK866
|
$3.43
|
|
|
Eggs
1 dozen
|
$6.03
ISK833
|
$3.62
|
|
| Boneless chicken breast (1 lb) |
$7.60
ISK1,050
|
$4.47
|
|
| Apples (1 lb) |
$1.13
ISK156
|
$2.08
|
|
| Bananas (1 lb) |
$1.01
ISK139
|
$0.66
|
|
| Oranges (1 lb) |
$1.15
ISK160
|
$1.84
|
|
| Tomatoes (1 lb) |
$1.71
ISK237
|
$1.96
|
|
| Potatoes (1 lb) |
$1.13
ISK156
|
$1.42
|
|
| Onions (1 lb) |
$0.68
ISK94
|
$1.27
|
|
pay 34.2% less for transportation
|
Iceland
|
Phoenix
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.42
ISK1,163
|
$4.05
|
|
| Monthly public transit pass |
$68.29
ISK9,433
|
$55.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$39,714.69
ISK5,485,393
|
$30,000.00
|
|
| Taxi trip in downtown area (5 miles) |
$23.23
ISK3,208
|
$13.69
|
|
pay 42.8% more for housing
|
Iceland
|
Phoenix
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$74.47
ISK10,286
|
$68.91
|
|
| 1-Bedroom apartment in downtown area |
$1,518.94
ISK209,796
|
$1,569.22
|
|
| 1-Bedroom apartment outside city center |
$1,325.48
ISK183,075
|
$1,391.93
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$66.99
ISK9,253
|
$181.08
|
|
pay 3.1 times more for childcare
|
Iceland
|
Phoenix
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$254.97
ISK35,216
|
$1,142.86
|
|
| Middle school for 1 child, two semesters |
$5,993.83
ISK827,867
|
$10,400.00
|
|
pay 22.1% less for entertainment and sports
|
Iceland
|
Phoenix
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.37
ISK1,295
|
$5.50
|
|
| Cappuccino in mid-range area |
$4.61
ISK637
|
$5.36
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.22
ISK1,549
|
$9.00
|
|
| Monthly membership at local gym |
$60.00
ISK8,287
|
$26.62
|
|
| Movie ticket to theater/cinema |
$13.94
ISK1,926
|
$12.50
|
|
pay 41.9% less for clothing
|
Iceland
|
Phoenix
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$108.23
ISK14,949
|
$46.67
|
|
|
Regular dress
from H&M or similar store
|
$59.73
ISK8,250
|
$39.44
|
|
|
Running shoes
Nike or Adidas
|
$146.94
ISK20,295
|
$86.32
|
|
| Men's business shoes (leather) |
$169.24
ISK23,375
|
$109.63
|
|
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