Cost of living comparison
Iceland is 91.3% more expensive than Maldives overall.
- Restaurants
-
pay 3.7 times more in Iceland
- Groceries
-
pay 57.3% more in Iceland
- Transportation
-
pay 95.1% more in Iceland
- Housing
-
pay 29.8% more in Iceland
- Childcare
-
pay 68.5% more in Iceland
- Entertainment and Sports
-
pay 51.5% more in Iceland
- Clothing
-
pay 68.7% more in Iceland
The cost of restaurants, transportation, clothing, childcare, groceries, and entertainment and sports in Iceland are more expensive than in Maldives. Notably, restaurants and transportation are significantly more expensive in Iceland.
If you lived in Iceland instead of Maldives, you would:
pay 3.7 times more for restaurants
|
Maldives
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$5.50
MVR84.72
|
$19.40
ISK2,689
|
|
|
Fast food combo meal
McDonalds, or similar
|
$9.71
MVR149.51
|
$16.94
ISK2,348
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.21
MVR18.69
|
$2.81
ISK390
|
|
| Bottle of water (11 fl. oz) |
$0.28
MVR4.36
|
$2.02
ISK280
|
|
pay 57.3% more for groceries
|
Maldives
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.54
MVR23.67
|
$2.95
ISK410
|
|
| Local cheese (8 oz) |
$5.65
MVR87.05
|
$7.27
ISK1,007
|
|
| Milk (1 gallon) |
$6.78
MVR104.47
|
$6.01
ISK833
|
|
|
Eggs
1 dozen
|
$1.65
MVR25.42
|
$5.42
ISK751
|
|
| Boneless chicken breast (1 lb) |
$2.47
MVR38.07
|
$8.51
ISK1,179
|
|
| Apples (1 lb) |
$2.00
MVR30.80
|
$1.22
ISK170
|
|
| Bananas (1 lb) |
$1.70
MVR26.22
|
$1.03
ISK142
|
|
| Oranges (1 lb) |
$1.74
MVR26.84
|
$1.17
ISK162
|
|
| Tomatoes (1 lb) |
$1.61
MVR24.87
|
$1.87
ISK260
|
|
| Potatoes (1 lb) |
$0.62
MVR9.62
|
$1.23
ISK171
|
|
| Onions (1 lb) |
$0.54
MVR8.27
|
$0.78
ISK109
|
|
pay 95.1% more for transportation
|
Maldives
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.56
MVR54.78
|
$8.36
ISK1,159
|
|
| Monthly public transit pass |
$22.65
MVR348.87
|
$71.28
ISK9,881
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$38,834.95
MVR598,058.25
|
$40,660.66
ISK5,636,381
|
|
| Taxi trip in downtown area (5 miles) |
$17.48
MVR269.13
|
$22.04
ISK3,055
|
|
pay 29.8% more for housing
|
Maldives
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$65.94
MVR1,015.45
|
$72.17
ISK10,005
|
|
| 1-Bedroom apartment in downtown area |
$1,098.53
MVR16,917.30
|
$1,838.04
ISK254,789
|
|
| 1-Bedroom apartment outside city center |
$829.29
MVR12,771.04
|
$1,497.77
ISK207,621
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$94.04
MVR1,448.24
|
$58.01
ISK8,042
|
|
pay 68.5% more for childcare
|
Maldives
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$172.53
MVR2,657.00
|
$258.16
ISK35,787
|
|
| Middle school for 1 child, two semesters |
$3,198.06
MVR49,250.10
|
$5,993.99
ISK830,887
|
|
pay 51.5% more for entertainment and sports
|
Maldives
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$4.69
MVR72.27
|
$9.19
ISK1,274
|
|
| Cappuccino in mid-range area |
$3.24
MVR49.84
|
$4.65
ISK644
|
|
|
Pack of cigarettes
Marlboro or similar
|
$7.12
MVR109.64
|
$11.76
ISK1,630
|
|
| Monthly membership at local gym |
$71.60
MVR1,102.67
|
$61.46
ISK8,520
|
|
| Movie ticket to theater/cinema |
$8.58
MVR132.07
|
$14.35
ISK1,989
|
|
pay 68.7% more for clothing
|
Maldives
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$55.89
MVR860.71
|
$111.23
ISK15,419
|
|
|
Regular dress
from H&M or similar store
|
$58.79
MVR905.39
|
$59.69
ISK8,274
|
|
|
Running shoes
Nike or Adidas
|
$101.13
MVR1,557.44
|
$148.00
ISK20,516
|
|
| Men's business shoes (leather) |
$80.91
MVR1,245.95
|
$184.49
ISK25,575
|
|
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