Cost of living comparison
Iceland is 14.1% more expensive than Isle of Man.
If you lived in Iceland instead of Isle of Man, you would:
pay 19.4% more for restaurants
|
Isle of Man
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$25.83
£20.56
|
$19.40
ISK2,699
|
|
|
Fast food combo meal
McDonalds, or similar
|
$9.04
£7.19
|
$16.94
ISK2,357
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.62
£2.09
|
$2.81
ISK391
|
|
| Bottle of water (11 fl. oz) |
$1.87
£1.49
|
$2.02
ISK281
|
|
pay 41.8% more for groceries
|
Isle of Man
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.91
£1.52
|
$2.95
ISK411
|
|
| Local cheese (8 oz) |
$3.41
£2.72
|
$7.27
ISK1,011
|
|
| Milk (1 gallon) |
$6.95
£5.53
|
$6.01
ISK836
|
|
|
Eggs
1 dozen
|
$3.74
£2.97
|
$5.42
ISK754
|
|
| Boneless chicken breast (1 lb) |
$3.80
£3.02
|
$8.51
ISK1,184
|
|
| Apples (1 lb) |
$1.13
£0.90
|
$1.22
ISK170
|
|
| Bananas (1 lb) |
$0.74
£0.59
|
$1.03
ISK143
|
|
| Oranges (1 lb) |
$1.03
£0.82
|
$1.17
ISK163
|
|
| Tomatoes (1 lb) |
$1.36
£1.09
|
$1.87
ISK261
|
|
| Potatoes (1 lb) |
$0.74
£0.59
|
$1.23
ISK172
|
|
| Onions (1 lb) |
$1.10
£0.87
|
$0.78
ISK109
|
|
pay 15.5% more for transportation
|
Isle of Man
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.66
£6.09
|
$8.36
ISK1,163
|
|
| Monthly public transit pass |
$72.11
£57.38
|
$71.28
ISK9,917
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$32,288.44
£25,694.07
|
$40,660.66
ISK5,657,118
|
|
| Taxi trip in downtown area (5 miles) |
$17.18
£13.67
|
$22.04
ISK3,066
|
|
pay 10.8% more for housing
|
Isle of Man
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$68.19
£54.27
|
$72.17
ISK10,042
|
|
| 1-Bedroom apartment in downtown area |
$1,183.91
£942.12
|
$1,838.04
ISK255,726
|
|
| 1-Bedroom apartment outside city center |
$968.65
£770.82
|
$1,497.77
ISK208,385
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$209.19
£166.47
|
$58.01
ISK8,072
|
|
pay 72.8% less for childcare
|
Isle of Man
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,174.87
£934.92
|
$258.16
ISK35,918
|
|
| Middle school for 1 child, two semesters |
$18,512.04
£14,731.27
|
$5,993.99
ISK833,944
|
|
pay 5.2% more for entertainment and sports
|
Isle of Man
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$6.33
£5.04
|
$9.19
ISK1,278
|
|
| Cappuccino in mid-range area |
$5.05
£4.02
|
$4.65
ISK647
|
|
|
Pack of cigarettes
Marlboro or similar
|
$21.31
£16.96
|
$11.76
ISK1,636
|
|
| Monthly membership at local gym |
$52.74
£41.97
|
$61.46
ISK8,551
|
|
| Movie ticket to theater/cinema |
$12.27
£9.76
|
$14.35
ISK1,996
|
|
pay 78.6% more for clothing
|
Isle of Man
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$80.51
£64.06
|
$111.23
ISK15,476
|
|
|
Regular dress
from H&M or similar store
|
$39.71
£31.60
|
$59.69
ISK8,305
|
|
|
Running shoes
Nike or Adidas
|
$90.84
£72.29
|
$148.00
ISK20,591
|
|
| Men's business shoes (leather) |
$70.17
£55.84
|
$184.49
ISK25,669
|
|
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