Cost of living comparison
Iceland is 2.7 times more expensive than Laos.
If you lived in Iceland instead of Laos, you would:
pay 5.4 times more for restaurants
|
Laos
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$1.85
LAK40,575
|
$19.51
ISK2,682
|
|
|
Fast food combo meal
McDonalds, or similar
|
$4.45
LAK97,473
|
$16.45
ISK2,261
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.78
LAK17,023
|
$2.70
ISK372
|
|
| Bottle of water (11 fl. oz) |
$0.51
LAK11,246
|
$1.95
ISK269
|
|
pay 74.2% more for groceries
|
Laos
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.02
LAK22,295
|
$3.16
ISK434
|
|
| Local cheese (8 oz) |
$14.08
LAK308,600
|
$6.72
ISK923
|
|
| Milk (1 gallon) |
$6.60
LAK144,656
|
$6.27
ISK862
|
|
|
Eggs
1 dozen
|
$2.10
LAK46,058
|
$6.03
ISK829
|
|
| Boneless chicken breast (1 lb) |
$2.11
LAK46,159
|
$7.60
ISK1,045
|
|
| Apples (1 lb) |
$0.90
LAK19,817
|
$1.13
ISK155
|
|
| Bananas (1 lb) |
$0.75
LAK16,512
|
$1.01
ISK139
|
|
| Oranges (1 lb) |
$0.98
LAK21,379
|
$1.15
ISK159
|
|
| Tomatoes (1 lb) |
$1.31
LAK28,711
|
$1.71
ISK235
|
|
| Potatoes (1 lb) |
$0.71
LAK15,591
|
$1.13
ISK155
|
|
| Onions (1 lb) |
$0.46
LAK10,087
|
$0.68
ISK94
|
|
pay 54.1% more for transportation
|
Laos
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.65
LAK102,018
|
$8.42
ISK1,157
|
|
| Monthly public transit pass |
$50.97
LAK1,117,340
|
$68.29
ISK9,387
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$28,928.24
LAK634,119,696
|
$39,714.69
ISK5,458,784
|
|
| Taxi trip in downtown area (5 miles) |
$14.15
LAK310,220
|
$23.23
ISK3,193
|
|
pay 2.9 times more for housing
|
Laos
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$10.22
LAK223,954
|
$74.47
ISK10,236
|
|
| 1-Bedroom apartment in downtown area |
$1,007.60
LAK22,087,061
|
$1,518.94
ISK208,778
|
|
| 1-Bedroom apartment outside city center |
$818.32
LAK17,937,925
|
$1,325.48
ISK182,187
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$65.45
LAK1,434,602
|
$66.99
ISK9,208
|
|
pay 30.6% less for childcare
|
Laos
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$342.92
LAK7,516,910
|
$254.97
ISK35,045
|
|
| Middle school for 1 child, two semesters |
$9,300.83
LAK203,878,187
|
$5,993.83
ISK823,851
|
|
pay 4.8 times more for entertainment and sports
|
Laos
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.15
LAK25,177
|
$9.37
ISK1,288
|
|
| Cappuccino in mid-range area |
$1.68
LAK36,862
|
$4.61
ISK634
|
|
|
Pack of cigarettes
Marlboro or similar
|
$1.82
LAK39,939
|
$11.22
ISK1,542
|
|
| Monthly membership at local gym |
$51.00
LAK1,117,900
|
$60.00
ISK8,247
|
|
| Movie ticket to theater/cinema |
$2.49
LAK54,610
|
$13.94
ISK1,916
|
|
pay 2.2 times more for clothing
|
Laos
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$81.96
LAK1,796,545
|
$108.23
ISK14,877
|
|
|
Regular dress
from H&M or similar store
|
$62.33
LAK1,366,228
|
$59.73
ISK8,210
|
|
|
Running shoes
Nike or Adidas
|
$58.81
LAK1,289,226
|
$146.94
ISK20,197
|
|
| Men's business shoes (leather) |
$42.69
LAK935,866
|
$169.24
ISK23,262
|
|
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