Cost of living comparison
Iceland is 2.3 times more expensive than Kuwait.
If you lived in Iceland instead of Kuwait, you would:
pay 3.9 times more for restaurants
|
Kuwait
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$7.87
KWD2.400
|
$19.51
ISK2,682
|
|
|
Fast food combo meal
McDonalds, or similar
|
$6.84
KWD2.090
|
$16.45
ISK2,261
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.53
KWD0.160
|
$2.70
ISK372
|
|
| Bottle of water (11 fl. oz) |
$0.35
KWD0.110
|
$1.95
ISK269
|
|
pay 2.2 times more for groceries
|
Kuwait
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$0.88
KWD0.270
|
$3.16
ISK434
|
|
| Local cheese (8 oz) |
$2.26
KWD0.690
|
$6.72
ISK923
|
|
| Milk (1 gallon) |
$5.48
KWD1.670
|
$6.27
ISK862
|
|
|
Eggs
1 dozen
|
$2.25
KWD0.690
|
$6.03
ISK829
|
|
| Boneless chicken breast (1 lb) |
$2.58
KWD0.790
|
$7.60
ISK1,045
|
|
| Apples (1 lb) |
$0.99
KWD0.300
|
$1.13
ISK155
|
|
| Bananas (1 lb) |
$0.79
KWD0.240
|
$1.01
ISK139
|
|
| Oranges (1 lb) |
$0.72
KWD0.220
|
$1.15
ISK159
|
|
| Tomatoes (1 lb) |
$0.65
KWD0.200
|
$1.71
ISK235
|
|
| Potatoes (1 lb) |
$0.51
KWD0.150
|
$1.13
ISK155
|
|
| Onions (1 lb) |
$0.37
KWD0.110
|
$0.68
ISK94
|
|
pay 2.8 times more for transportation
|
Kuwait
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$1.21
KWD0.370
|
$8.42
ISK1,157
|
|
| Monthly public transit pass |
$47.40
KWD14.470
|
$68.29
ISK9,387
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$20,976.19
KWD6,403.990
|
$39,714.69
ISK5,458,784
|
|
| Taxi trip in downtown area (5 miles) |
$27.95
KWD8.530
|
$23.23
ISK3,193
|
|
pay 2.1 times more for housing
|
Kuwait
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$27.63
KWD8.430
|
$74.47
ISK10,236
|
|
| 1-Bedroom apartment in downtown area |
$773.68
KWD236.200
|
$1,518.94
ISK208,778
|
|
| 1-Bedroom apartment outside city center |
$650.71
KWD198.660
|
$1,325.48
ISK182,187
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$38.06
KWD11.620
|
$66.99
ISK9,208
|
|
pay 12.2% less for childcare
|
Kuwait
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$347.73
KWD106.160
|
$254.97
ISK35,045
|
|
| Middle school for 1 child, two semesters |
$5,860.53
KWD1,789.210
|
$5,993.83
ISK823,851
|
|
pay 2.2 times more for entertainment and sports
|
Kuwait
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.95
KWD0.600
|
$9.37
ISK1,288
|
|
| Cappuccino in mid-range area |
$5.07
KWD1.550
|
$4.61
ISK634
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.14
KWD0.960
|
$11.22
ISK1,542
|
|
| Monthly membership at local gym |
$107.69
KWD32.880
|
$60.00
ISK8,247
|
|
| Movie ticket to theater/cinema |
$10.80
KWD3.300
|
$13.94
ISK1,916
|
|
pay 83.5% more for clothing
|
Kuwait
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$42.49
KWD12.970
|
$108.23
ISK14,877
|
|
|
Regular dress
from H&M or similar store
|
$50.63
KWD15.460
|
$59.73
ISK8,210
|
|
|
Running shoes
Nike or Adidas
|
$90.68
KWD27.690
|
$146.94
ISK20,197
|
|
| Men's business shoes (leather) |
$84.84
KWD25.900
|
$169.24
ISK23,262
|
|
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