Cost of living comparison
Iceland is 29.1% more expensive than Isle of Man.
If you lived in Iceland instead of Isle of Man, you would:
pay 27.8% more for restaurants
|
Isle of Man
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$23.96
£18.55
|
$19.51
ISK2,682
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.64
£6.69
|
$16.45
ISK2,261
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.15
£1.67
|
$2.70
ISK372
|
|
| Bottle of water (11 fl. oz) |
$1.72
£1.33
|
$1.95
ISK269
|
|
pay 57.1% more for groceries
|
Isle of Man
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.66
£1.29
|
$3.16
ISK434
|
|
| Local cheese (8 oz) |
$3.06
£2.37
|
$6.72
ISK923
|
|
| Milk (1 gallon) |
$5.87
£4.54
|
$6.27
ISK862
|
|
|
Eggs
1 dozen
|
$2.96
£2.29
|
$6.03
ISK829
|
|
| Boneless chicken breast (1 lb) |
$3.48
£2.69
|
$7.60
ISK1,045
|
|
| Apples (1 lb) |
$1.03
£0.80
|
$1.13
ISK155
|
|
| Bananas (1 lb) |
$0.64
£0.50
|
$1.01
ISK139
|
|
| Oranges (1 lb) |
$1.00
£0.77
|
$1.15
ISK159
|
|
| Tomatoes (1 lb) |
$1.67
£1.30
|
$1.71
ISK235
|
|
| Potatoes (1 lb) |
$0.51
£0.39
|
$1.13
ISK155
|
|
| Onions (1 lb) |
$0.82
£0.63
|
$0.68
ISK94
|
|
pay 36.2% more for transportation
|
Isle of Man
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.63
£5.91
|
$8.42
ISK1,157
|
|
| Monthly public transit pass |
$40.36
£31.24
|
$68.29
ISK9,387
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$31,530.42
£24,403.41
|
$39,714.69
ISK5,458,784
|
|
| Taxi trip in downtown area (5 miles) |
$16.65
£12.89
|
$23.23
ISK3,193
|
|
pay 12.5% more for housing
|
Isle of Man
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$60.75
£47.02
|
$74.47
ISK10,236
|
|
| 1-Bedroom apartment in downtown area |
$1,127.21
£872.42
|
$1,518.94
ISK208,778
|
|
| 1-Bedroom apartment outside city center |
$938.03
£726.00
|
$1,325.48
ISK182,187
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$130.63
£101.10
|
$66.99
ISK9,208
|
|
pay 70.8% less for childcare
|
Isle of Man
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,008.97
£780.91
|
$254.97
ISK35,045
|
|
| Middle school for 1 child, two semesters |
$18,077.44
£13,991.29
|
$5,993.83
ISK823,851
|
|
pay 28.0% more for entertainment and sports
|
Isle of Man
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$4.79
£3.71
|
$9.37
ISK1,288
|
|
| Cappuccino in mid-range area |
$4.18
£3.23
|
$4.61
ISK634
|
|
|
Pack of cigarettes
Marlboro or similar
|
$15.13
£11.71
|
$11.22
ISK1,542
|
|
| Monthly membership at local gym |
$43.72
£33.84
|
$60.00
ISK8,247
|
|
| Movie ticket to theater/cinema |
$11.35
£8.79
|
$13.94
ISK1,916
|
|
pay 2.1 times more for clothing
|
Isle of Man
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$52.97
£41.00
|
$108.23
ISK14,877
|
|
|
Regular dress
from H&M or similar store
|
$34.05
£26.36
|
$59.73
ISK8,210
|
|
|
Running shoes
Nike or Adidas
|
$64.95
£50.27
|
$146.94
ISK20,197
|
|
| Men's business shoes (leather) |
$68.53
£53.04
|
$169.24
ISK23,262
|
|
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