Cost of living comparison
Iceland is 2.3 times more expensive than Kuwait.
If you lived in Iceland instead of Kuwait, you would:
pay 3.7 times more for restaurants
|
Kuwait
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$7.72
KWD2.380
|
$19.40
ISK2,699
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.66
KWD2.360
|
$16.94
ISK2,357
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.55
KWD0.170
|
$2.81
ISK391
|
|
| Bottle of water (11 fl. oz) |
$0.40
KWD0.120
|
$2.02
ISK281
|
|
pay 2.3 times more for groceries
|
Kuwait
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.01
KWD0.310
|
$2.95
ISK411
|
|
| Local cheese (8 oz) |
$2.23
KWD0.690
|
$7.27
ISK1,011
|
|
| Milk (1 gallon) |
$5.23
KWD1.610
|
$6.01
ISK836
|
|
|
Eggs
1 dozen
|
$2.36
KWD0.730
|
$5.42
ISK754
|
|
| Boneless chicken breast (1 lb) |
$2.67
KWD0.820
|
$8.51
ISK1,184
|
|
| Apples (1 lb) |
$0.97
KWD0.300
|
$1.22
ISK170
|
|
| Bananas (1 lb) |
$0.77
KWD0.240
|
$1.03
ISK143
|
|
| Oranges (1 lb) |
$0.63
KWD0.200
|
$1.17
ISK163
|
|
| Tomatoes (1 lb) |
$0.60
KWD0.190
|
$1.87
ISK261
|
|
| Potatoes (1 lb) |
$0.46
KWD0.140
|
$1.23
ISK172
|
|
| Onions (1 lb) |
$0.43
KWD0.130
|
$0.78
ISK109
|
|
pay 2.7 times more for transportation
|
Kuwait
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$1.25
KWD0.390
|
$8.36
ISK1,163
|
|
| Monthly public transit pass |
$48.77
KWD15.010
|
$71.28
ISK9,917
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$20,067.40
KWD6,176.490
|
$40,660.66
ISK5,657,118
|
|
| Taxi trip in downtown area (5 miles) |
$27.53
KWD8.470
|
$22.04
ISK3,066
|
|
pay 2.3 times more for housing
|
Kuwait
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$24.39
KWD7.510
|
$72.17
ISK10,042
|
|
| 1-Bedroom apartment in downtown area |
$767.09
KWD236.100
|
$1,838.04
ISK255,726
|
|
| 1-Bedroom apartment outside city center |
$636.14
KWD195.800
|
$1,497.77
ISK208,385
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$40.50
KWD12.460
|
$58.01
ISK8,072
|
|
pay 10.6% less for childcare
|
Kuwait
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$345.62
KWD106.380
|
$258.16
ISK35,918
|
|
| Middle school for 1 child, two semesters |
$5,757.77
KWD1,772.170
|
$5,993.99
ISK833,944
|
|
pay 2.5 times more for entertainment and sports
|
Kuwait
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.63
KWD0.500
|
$9.19
ISK1,278
|
|
| Cappuccino in mid-range area |
$4.77
KWD1.470
|
$4.65
ISK647
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.04
KWD0.940
|
$11.76
ISK1,636
|
|
| Monthly membership at local gym |
$89.30
KWD27.490
|
$61.46
ISK8,551
|
|
| Movie ticket to theater/cinema |
$10.81
KWD3.330
|
$14.35
ISK1,996
|
|
pay 95.5% more for clothing
|
Kuwait
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$40.88
KWD12.580
|
$111.23
ISK15,476
|
|
|
Regular dress
from H&M or similar store
|
$46.73
KWD14.380
|
$59.69
ISK8,305
|
|
|
Running shoes
Nike or Adidas
|
$89.98
KWD27.690
|
$148.00
ISK20,591
|
|
| Men's business shoes (leather) |
$84.70
KWD26.070
|
$184.49
ISK25,669
|
|
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