Cost of living comparison
Iceland is 3.0 times more expensive than Macedonia.
If you lived in Iceland instead of Macedonia, you would:
pay 3.1 times more for restaurants
|
Macedonia
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$4.60
MKD260.73
|
$19.51
ISK2,682
|
|
|
Fast food combo meal
McDonalds, or similar
|
$4.00
MKD226.41
|
$16.45
ISK2,261
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.36
MKD77.20
|
$2.70
ISK372
|
|
| Bottle of water (11 fl. oz) |
$0.95
MKD53.82
|
$1.95
ISK269
|
|
pay 2.4 times more for groceries
|
Macedonia
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$0.68
MKD38.51
|
$3.16
ISK434
|
|
| Local cheese (8 oz) |
$3.62
MKD204.95
|
$6.72
ISK923
|
|
| Milk (1 gallon) |
$4.67
MKD264.62
|
$6.27
ISK862
|
|
|
Eggs
1 dozen
|
$2.05
MKD116.11
|
$6.03
ISK829
|
|
| Boneless chicken breast (1 lb) |
$2.92
MKD165.06
|
$7.60
ISK1,045
|
|
| Apples (1 lb) |
$0.41
MKD23.17
|
$1.13
ISK155
|
|
| Bananas (1 lb) |
$0.62
MKD35.35
|
$1.01
ISK139
|
|
| Oranges (1 lb) |
$0.52
MKD29.53
|
$1.15
ISK159
|
|
| Tomatoes (1 lb) |
$0.72
MKD40.91
|
$1.71
ISK235
|
|
| Potatoes (1 lb) |
$0.41
MKD23.09
|
$1.13
ISK155
|
|
| Onions (1 lb) |
$0.40
MKD22.49
|
$0.68
ISK94
|
|
pay 2.6 times more for transportation
|
Macedonia
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$5.50
MKD311.48
|
$8.42
ISK1,157
|
|
| Monthly public transit pass |
$21.96
MKD1,243.24
|
$68.29
ISK9,387
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$28,806.82
MKD1,631,146.83
|
$39,714.69
ISK5,458,784
|
|
| Taxi trip in downtown area (5 miles) |
$5.27
MKD298.57
|
$23.23
ISK3,193
|
|
pay 4.8 times more for housing
|
Macedonia
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$17.20
MKD974.04
|
$74.47
ISK10,236
|
|
| 1-Bedroom apartment in downtown area |
$228.53
MKD12,940.04
|
$1,518.94
ISK208,778
|
|
| 1-Bedroom apartment outside city center |
$176.58
MKD9,998.87
|
$1,325.48
ISK182,187
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$107.73
MKD6,099.91
|
$66.99
ISK9,208
|
|
pay 2.4 times more for childcare
|
Macedonia
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$207.38
MKD11,742.84
|
$254.97
ISK35,045
|
|
| Middle school for 1 child, two semesters |
$1,712.11
MKD96,945.83
|
$5,993.83
ISK823,851
|
|
pay 3.7 times more for entertainment and sports
|
Macedonia
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.67
MKD94.55
|
$9.37
ISK1,288
|
|
| Cappuccino in mid-range area |
$1.48
MKD83.95
|
$4.61
ISK634
|
|
|
Pack of cigarettes
Marlboro or similar
|
$2.70
MKD153.15
|
$11.22
ISK1,542
|
|
| Monthly membership at local gym |
$23.68
MKD1,340.75
|
$60.00
ISK8,247
|
|
| Movie ticket to theater/cinema |
$4.41
MKD249.98
|
$13.94
ISK1,916
|
|
pay 78.3% more for clothing
|
Macedonia
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$57.58
MKD3,260.28
|
$108.23
ISK14,877
|
|
|
Regular dress
from H&M or similar store
|
$36.50
MKD2,067.02
|
$59.73
ISK8,210
|
|
|
Running shoes
Nike or Adidas
|
$80.70
MKD4,569.62
|
$146.94
ISK20,197
|
|
| Men's business shoes (leather) |
$94.33
MKD5,341.49
|
$169.24
ISK23,262
|
|
Change currency:
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Iceland or Macedonia. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.