Cost of living comparison
Iceland is 8.5% cheaper than Los Angeles.
If you lived in Iceland instead of Los Angeles, you would:
pay 2.2% more for restaurants
|
Los Angeles
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$24.52
|
$19.51
ISK2,707
|
|
|
Fast food combo meal
McDonalds, or similar
|
$12.00
|
$16.45
ISK2,282
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.78
|
$2.70
ISK375
|
|
| Bottle of water (11 fl. oz) |
$2.06
|
$1.95
ISK271
|
|
pay 13.2% less for groceries
|
Los Angeles
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$5.18
|
$3.16
ISK438
|
|
| Local cheese (8 oz) |
$6.76
|
$6.72
ISK932
|
|
| Milk (1 gallon) |
$4.60
|
$6.27
ISK870
|
|
|
Eggs
1 dozen
|
$4.92
|
$6.03
ISK837
|
|
| Boneless chicken breast (1 lb) |
$7.43
|
$7.60
ISK1,055
|
|
| Apples (1 lb) |
$2.59
|
$1.13
ISK156
|
|
| Bananas (1 lb) |
$1.03
|
$1.01
ISK140
|
|
| Oranges (1 lb) |
$1.53
|
$1.15
ISK160
|
|
| Tomatoes (1 lb) |
$2.25
|
$1.71
ISK238
|
|
| Potatoes (1 lb) |
$1.46
|
$1.13
ISK157
|
|
| Onions (1 lb) |
$1.08
|
$0.68
ISK95
|
|
pay 28.2% more for transportation
|
Los Angeles
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$5.32
|
$8.42
ISK1,168
|
|
| Monthly public transit pass |
$83.48
|
$68.29
ISK9,475
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$30,000.00
|
$39,714.69
ISK5,510,016
|
|
| Taxi trip in downtown area (5 miles) |
$16.52
|
$23.23
ISK3,223
|
|
pay 32.5% less for housing
|
Los Angeles
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$74.34
|
$74.47
ISK10,332
|
|
| 1-Bedroom apartment in downtown area |
$2,490.71
|
$1,518.94
ISK210,738
|
|
| 1-Bedroom apartment outside city center |
$2,107.10
|
$1,325.48
ISK183,897
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$145.78
|
$66.99
ISK9,294
|
|
pay 83.1% less for childcare
|
Los Angeles
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,950.00
|
$254.97
ISK35,374
|
|
| Middle school for 1 child, two semesters |
$28,750.00
|
$5,993.83
ISK831,583
|
|
pay 2.4% less for entertainment and sports
|
Los Angeles
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$8.00
|
$9.37
ISK1,301
|
|
| Cappuccino in mid-range area |
$5.31
|
$4.61
ISK640
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.00
|
$11.22
ISK1,556
|
|
| Monthly membership at local gym |
$53.08
|
$60.00
ISK8,325
|
|
| Movie ticket to theater/cinema |
$18.00
|
$13.94
ISK1,934
|
|
pay 41.0% more for clothing
|
Los Angeles
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$62.08
|
$108.23
ISK15,016
|
|
|
Regular dress
from H&M or similar store
|
$44.06
|
$59.73
ISK8,287
|
|
|
Running shoes
Nike or Adidas
|
$106.54
|
$146.94
ISK20,387
|
|
| Men's business shoes (leather) |
$145.95
|
$169.24
ISK23,480
|
|
Change currency:
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Iceland or Los Angeles. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.