Cost of living comparison

 Jamaica
compared to
Iceland vs. Jamaica Cost of Living Summary

Iceland is 2.0 times more expensive than Jamaica overall.

Restaurants
pay 2.3 times more in Iceland
Groceries
pay 20.3% more in Iceland
Transportation
pay 40.0% more in Iceland
Housing
pay 2.3 times more in Iceland
Childcare
pay 2.1 times more in Iceland
Entertainment and Sports
pay 81.7% more in Iceland
Clothing
pay 3.1 times more in Iceland

The cost of clothing, housing, restaurants, childcare, entertainment and sports, and transportation in Iceland are more expensive than in Jamaica. Notably, clothing, housing, and restaurants are significantly more expensive in Iceland.

Iceland vs. Jamaica Cost Breakdown

If you lived in Iceland instead of Jamaica, you would:

pay 2.3 times more for restaurants

 
Jamaica
Iceland
Basic meal with drink at inexpensive restaurant $7.25
JMD1,144.71
$19.40
ISK2,475
Fast food combo meal
McDonalds, or similar
$7.80
JMD1,232.26
$16.94
ISK2,162
Bottle of Coca-Cola (11 fl. oz) $1.33
JMD210.14
$2.81
ISK359

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pay 20.3% more for groceries

 
Jamaica
Iceland
Bread
1 loaf
$2.62
JMD414.19
$2.95
ISK377
Local cheese (8 oz) $5.91
JMD934.31
$7.27
ISK927
Milk (1 gallon) $13.43
JMD2,120.79
$6.01
ISK766

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pay 40.0% more for transportation

 
Jamaica
Iceland
Gasoline (1 gallon) $4.83
JMD763.58
$8.36
ISK1,067
Monthly public transit pass $37.59
JMD5,938.62
$71.28
ISK9,096
New Volkswagen Golf 1.4 (standard edition) $40,601.97
JMD6,413,714.27
$40,660.66
ISK5,188,707

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pay 2.3 times more for housing

 
Jamaica
Iceland
Internet connection
50 mbps or faster, cable/dsl
$48.42
JMD7,649.21
$72.17
ISK9,210
1-Bedroom apartment in downtown area $594.87
JMD93,968.24
$1,838.04
ISK234,552
1-Bedroom apartment outside city center $355.79
JMD56,202.26
$1,497.77
ISK191,130

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pay 2.1 times more for childcare

 
Jamaica
Iceland
Private preschool for 1 child, monthly $194.86
JMD30,781.87
$258.16
ISK32,944
Middle school for 1 child, two semesters $2,060.17
JMD325,436.61
$5,993.99
ISK764,894

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pay 81.7% more for entertainment and sports

 
Jamaica
Iceland
Domestic/local beer (1 pint) $2.65
JMD418.07
$9.19
ISK1,172
Cappuccino in mid-range area $3.05
JMD481.66
$4.65
ISK593
Pack of cigarettes
Marlboro or similar
$8.65
JMD1,365.88
$11.76
ISK1,500

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pay 3.1 times more for clothing

 
Jamaica
Iceland
Regular jeans
Levi's brand
$24.19
JMD3,820.51
$111.23
ISK14,194
Regular dress
from H&M or similar store
$21.83
JMD3,447.70
$59.69
ISK7,617
Running shoes
Nike or Adidas
$66.00
JMD10,425.58
$148.00
ISK18,886

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: April 2025
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