Cost of living comparison
Iceland is 2.0 times more expensive than Jamaica.
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
JMD1,129.27
|
$19.40
ISK2,699
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.80
JMD1,215.64
|
$16.94
ISK2,357
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.33
JMD207.30
|
$2.81
ISK391
|
|
| Bottle of water (11 fl. oz) |
$0.85
JMD131.82
|
$2.02
ISK281
|
|
pay 20.3% more for groceries
|
Jamaica
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.62
JMD408.60
|
$2.95
ISK411
|
|
| Local cheese (8 oz) |
$5.91
JMD921.70
|
$7.27
ISK1,011
|
|
| Milk (1 gallon) |
$13.43
JMD2,092.18
|
$6.01
ISK836
|
|
|
Eggs
1 dozen
|
$3.35
JMD521.66
|
$5.42
ISK754
|
|
| Boneless chicken breast (1 lb) |
$2.97
JMD462.53
|
$8.51
ISK1,184
|
|
| Apples (1 lb) |
$2.46
JMD383.67
|
$1.22
ISK170
|
|
| Bananas (1 lb) |
$1.21
JMD187.80
|
$1.03
ISK143
|
|
| Oranges (1 lb) |
$1.71
JMD266.35
|
$1.17
ISK163
|
|
| Tomatoes (1 lb) |
$1.22
JMD189.75
|
$1.87
ISK261
|
|
| Potatoes (1 lb) |
$0.92
JMD143.15
|
$1.23
ISK172
|
|
| Onions (1 lb) |
$0.77
JMD119.33
|
$0.78
ISK109
|
|
pay 40.0% more for transportation
|
Jamaica
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.83
JMD753.27
|
$8.36
ISK1,163
|
|
| Monthly public transit pass |
$37.59
JMD5,858.51
|
$71.28
ISK9,917
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$40,601.97
JMD6,327,190.29
|
$40,660.66
ISK5,657,118
|
|
| Taxi trip in downtown area (5 miles) |
$22.62
JMD3,524.87
|
$22.04
ISK3,066
|
|
pay 2.3 times more for housing
|
Jamaica
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$48.42
JMD7,546.02
|
$72.17
ISK10,042
|
|
| 1-Bedroom apartment in downtown area |
$594.87
JMD92,700.56
|
$1,838.04
ISK255,726
|
|
| 1-Bedroom apartment outside city center |
$355.79
JMD55,444.06
|
$1,497.77
ISK208,385
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$101.67
JMD15,843.16
|
$58.01
ISK8,072
|
|
pay 2.1 times more for childcare
|
Jamaica
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$194.86
JMD30,366.61
|
$258.16
ISK35,918
|
|
| Middle school for 1 child, two semesters |
$2,060.17
JMD321,046.32
|
$5,993.99
ISK833,944
|
|
pay 81.7% more for entertainment and sports
|
Jamaica
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.65
JMD412.43
|
$9.19
ISK1,278
|
|
| Cappuccino in mid-range area |
$3.05
JMD475.16
|
$4.65
ISK647
|
|
|
Pack of cigarettes
Marlboro or similar
|
$8.65
JMD1,347.46
|
$11.76
ISK1,636
|
|
| Monthly membership at local gym |
$41.08
JMD6,400.96
|
$61.46
ISK8,551
|
|
| Movie ticket to theater/cinema |
$11.65
JMD1,816.14
|
$14.35
ISK1,996
|
|
pay 3.1 times more for clothing
|
Jamaica
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$24.19
JMD3,768.97
|
$111.23
ISK15,476
|
|
|
Regular dress
from H&M or similar store
|
$21.83
JMD3,401.19
|
$59.69
ISK8,305
|
|
|
Running shoes
Nike or Adidas
|
$66.00
JMD10,284.94
|
$148.00
ISK20,591
|
|
| Men's business shoes (leather) |
$67.67
JMD10,545.32
|
$184.49
ISK25,669
|
|
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