Cost of living comparison
Iceland is 78.6% more expensive than Lithuania.
If you lived in Iceland instead of Lithuania, you would:
pay 67.3% more for restaurants
|
Lithuania
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$11.85
€11.36
|
$19.40
ISK2,699
|
|
|
Fast food combo meal
McDonalds, or similar
|
$6.93
€6.64
|
$16.94
ISK2,357
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.08
€2.00
|
$2.81
ISK391
|
|
| Bottle of water (11 fl. oz) |
$1.60
€1.54
|
$2.02
ISK281
|
|
pay 91.2% more for groceries
|
Lithuania
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.62
€1.55
|
$2.95
ISK411
|
|
| Local cheese (8 oz) |
$5.79
€5.56
|
$7.27
ISK1,011
|
|
| Milk (1 gallon) |
$5.11
€4.90
|
$6.01
ISK836
|
|
|
Eggs
1 dozen
|
$2.67
€2.56
|
$5.42
ISK754
|
|
| Boneless chicken breast (1 lb) |
$3.06
€2.93
|
$8.51
ISK1,184
|
|
| Apples (1 lb) |
$0.54
€0.52
|
$1.22
ISK170
|
|
| Bananas (1 lb) |
$0.74
€0.71
|
$1.03
ISK143
|
|
| Oranges (1 lb) |
$0.72
€0.69
|
$1.17
ISK163
|
|
| Tomatoes (1 lb) |
$1.42
€1.37
|
$1.87
ISK261
|
|
| Potatoes (1 lb) |
$0.35
€0.34
|
$1.23
ISK172
|
|
| Onions (1 lb) |
$0.42
€0.40
|
$0.78
ISK109
|
|
pay 75.0% more for transportation
|
Lithuania
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.00
€5.75
|
$8.36
ISK1,163
|
|
| Monthly public transit pass |
$29.98
€28.74
|
$71.28
ISK9,917
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$35,162.76
€33,713.11
|
$40,660.66
ISK5,657,118
|
|
| Taxi trip in downtown area (5 miles) |
$10.62
€10.18
|
$22.04
ISK3,066
|
|
pay 3.3 times more for housing
|
Lithuania
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$14.64
€14.03
|
$72.17
ISK10,042
|
|
| 1-Bedroom apartment in downtown area |
$507.54
€486.61
|
$1,838.04
ISK255,726
|
|
| 1-Bedroom apartment outside city center |
$347.76
€333.42
|
$1,497.77
ISK208,385
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$146.97
€140.92
|
$58.01
ISK8,072
|
|
pay 38.6% less for childcare
|
Lithuania
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$477.03
€457.37
|
$258.16
ISK35,918
|
|
| Middle school for 1 child, two semesters |
$8,723.77
€8,364.12
|
$5,993.99
ISK833,944
|
|
pay 80.5% more for entertainment and sports
|
Lithuania
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$4.82
€4.62
|
$9.19
ISK1,278
|
|
| Cappuccino in mid-range area |
$2.89
€2.77
|
$4.65
ISK647
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.16
€4.94
|
$11.76
ISK1,636
|
|
| Monthly membership at local gym |
$41.43
€39.72
|
$61.46
ISK8,551
|
|
| Movie ticket to theater/cinema |
$8.20
€7.87
|
$14.35
ISK1,996
|
|
pay 43.5% more for clothing
|
Lithuania
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$94.52
€90.63
|
$111.23
ISK15,476
|
|
|
Regular dress
from H&M or similar store
|
$37.49
€35.95
|
$59.69
ISK8,305
|
|
|
Running shoes
Nike or Adidas
|
$88.84
€85.17
|
$148.00
ISK20,591
|
|
| Men's business shoes (leather) |
$141.41
€135.58
|
$184.49
ISK25,669
|
|
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