Cost of living comparison
Iceland is 2.9 times more expensive than Laos.
If you lived in Iceland instead of Laos, you would:
pay 5.6 times more for restaurants
|
Laos
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$1.90
LAK41,663
|
$19.40
ISK2,709
|
|
|
Fast food combo meal
McDonalds, or similar
|
$4.20
LAK92,335
|
$16.94
ISK2,366
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.69
LAK15,162
|
$2.81
ISK393
|
|
| Bottle of water (11 fl. oz) |
$0.49
LAK10,663
|
$2.02
ISK282
|
|
pay 85.4% more for groceries
|
Laos
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.00
LAK22,012
|
$2.95
ISK413
|
|
| Local cheese (8 oz) |
$13.03
LAK286,180
|
$7.27
ISK1,015
|
|
| Milk (1 gallon) |
$6.40
LAK140,560
|
$6.01
ISK839
|
|
|
Eggs
1 dozen
|
$2.06
LAK45,345
|
$5.42
ISK757
|
|
| Boneless chicken breast (1 lb) |
$2.07
LAK45,461
|
$8.51
ISK1,188
|
|
| Apples (1 lb) |
$0.75
LAK16,363
|
$1.22
ISK171
|
|
| Bananas (1 lb) |
$0.74
LAK16,290
|
$1.03
ISK143
|
|
| Oranges (1 lb) |
$0.96
LAK21,023
|
$1.17
ISK164
|
|
| Tomatoes (1 lb) |
$1.29
LAK28,312
|
$1.87
ISK262
|
|
| Potatoes (1 lb) |
$0.70
LAK15,264
|
$1.23
ISK172
|
|
| Onions (1 lb) |
$0.45
LAK9,928
|
$0.78
ISK110
|
|
pay 66.7% more for transportation
|
Laos
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.61
LAK101,139
|
$8.36
ISK1,168
|
|
| Monthly public transit pass |
$53.85
LAK1,182,601
|
$71.28
ISK9,956
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$28,167.89
LAK618,566,851
|
$40,660.66
ISK5,679,481
|
|
| Taxi trip in downtown area (5 miles) |
$10.57
LAK232,195
|
$22.04
ISK3,078
|
|
pay 3.2 times more for housing
|
Laos
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$8.98
LAK197,277
|
$72.17
ISK10,081
|
|
| 1-Bedroom apartment in downtown area |
$993.83
LAK21,824,462
|
$1,838.04
ISK256,737
|
|
| 1-Bedroom apartment outside city center |
$809.30
LAK17,772,307
|
$1,497.77
ISK209,209
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$58.85
LAK1,292,247
|
$58.01
ISK8,103
|
|
pay 22.9% less for childcare
|
Laos
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$291.32
LAK6,397,488
|
$258.16
ISK36,060
|
|
| Middle school for 1 child, two semesters |
$9,140.14
LAK200,717,568
|
$5,993.99
ISK837,241
|
|
pay 4.7 times more for entertainment and sports
|
Laos
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.11
LAK24,287
|
$9.19
ISK1,283
|
|
| Cappuccino in mid-range area |
$1.62
LAK35,553
|
$4.65
ISK649
|
|
|
Pack of cigarettes
Marlboro or similar
|
$1.78
LAK39,185
|
$11.76
ISK1,642
|
|
| Monthly membership at local gym |
$66.31
LAK1,456,207
|
$61.46
ISK8,585
|
|
| Movie ticket to theater/cinema |
$2.97
LAK65,265
|
$14.35
ISK2,004
|
|
pay 2.2 times more for clothing
|
Laos
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$78.60
LAK1,726,018
|
$111.23
ISK15,537
|
|
|
Regular dress
from H&M or similar store
|
$61.45
LAK1,349,380
|
$59.69
ISK8,337
|
|
|
Running shoes
Nike or Adidas
|
$65.22
LAK1,432,219
|
$148.00
ISK20,673
|
|
| Men's business shoes (leather) |
$46.67
LAK1,024,874
|
$184.49
ISK25,770
|
|
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