Cost of living comparison
Slovakia is 26.2% cheaper than Iceland.
If you lived in Slovakia instead of Iceland, you would:
pay 46.5% less for restaurants
|
Iceland
|
Slovakia
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.40
ISK2,670
|
$8.14
€7.72
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.94
ISK2,332
|
$7.98
€7.57
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.81
ISK387
|
$1.58
€1.50
|
|
| Bottle of water (11 fl. oz) |
$2.02
ISK278
|
$1.39
€1.32
|
|
pay 34.8% less for groceries
|
Iceland
|
Slovakia
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.95
ISK407
|
$1.35
€1.28
|
|
| Local cheese (8 oz) |
$7.27
ISK1,000
|
$6.03
€5.72
|
|
| Milk (1 gallon) |
$6.01
ISK827
|
$3.89
€3.69
|
|
|
Eggs
1 dozen
|
$5.42
ISK746
|
$3.43
€3.25
|
|
| Boneless chicken breast (1 lb) |
$8.51
ISK1,171
|
$3.12
€2.96
|
|
| Apples (1 lb) |
$1.22
ISK168
|
$0.73
€0.69
|
|
| Bananas (1 lb) |
$1.03
ISK141
|
$0.79
€0.75
|
|
| Oranges (1 lb) |
$1.17
ISK161
|
$0.96
€0.91
|
|
| Tomatoes (1 lb) |
$1.87
ISK258
|
$1.51
€1.43
|
|
| Potatoes (1 lb) |
$1.23
ISK170
|
$0.58
€0.55
|
|
| Onions (1 lb) |
$0.78
ISK108
|
$0.61
€0.58
|
|
pay 43.5% less for transportation
|
Iceland
|
Slovakia
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.36
ISK1,151
|
$6.34
€6.01
|
|
| Monthly public transit pass |
$71.28
ISK9,812
|
$26.69
€25.31
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$40,660.66
ISK5,596,940
|
$24,429.89
€23,168.38
|
|
| Taxi trip in downtown area (5 miles) |
$22.04
ISK3,033
|
$11.64
€11.04
|
|
pay 3.6% less for housing
|
Iceland
|
Slovakia
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$72.17
ISK9,935
|
$20.60
€19.53
|
|
| 1-Bedroom apartment in downtown area |
$1,838.04
ISK253,006
|
$566.87
€537.60
|
|
| 1-Bedroom apartment outside city center |
$1,497.77
ISK206,168
|
$468.12
€443.95
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$58.01
ISK7,986
|
$171.07
€162.24
|
|
pay 45.0% more for childcare
|
Iceland
|
Slovakia
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$258.16
ISK35,536
|
$400.86
€380.16
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK825,073
|
$8,069.66
€7,652.96
|
|
pay 52.2% less for entertainment and sports
|
Iceland
|
Slovakia
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.19
ISK1,265
|
$1.99
€1.88
|
|
| Cappuccino in mid-range area |
$4.65
ISK640
|
$2.35
€2.23
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.76
ISK1,618
|
$5.24
€4.97
|
|
| Monthly membership at local gym |
$61.46
ISK8,460
|
$40.04
€37.97
|
|
| Movie ticket to theater/cinema |
$14.35
ISK1,975
|
$8.21
€7.79
|
|
pay 47.6% less for clothing
|
Iceland
|
Slovakia
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$111.23
ISK15,311
|
$63.57
€60.29
|
|
|
Regular dress
from H&M or similar store
|
$59.69
ISK8,216
|
$29.21
€27.70
|
|
|
Running shoes
Nike or Adidas
|
$148.00
ISK20,372
|
$78.92
€74.85
|
|
| Men's business shoes (leather) |
$184.49
ISK25,396
|
$92.27
€87.51
|
|
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