Cost of living comparison
Iceland is 48.3% more expensive than Malta.
If you lived in Iceland instead of Malta, you would:
pay 39.5% more for restaurants
|
Malta
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$15.58
€14.73
|
$19.40
ISK2,665
|
|
|
Fast food combo meal
McDonalds, or similar
|
$9.83
€9.30
|
$16.94
ISK2,327
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.16
€2.04
|
$2.81
ISK386
|
|
| Bottle of water (11 fl. oz) |
$1.54
€1.46
|
$2.02
ISK278
|
|
pay 52.5% more for groceries
|
Malta
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.20
€1.13
|
$2.95
ISK406
|
|
| Local cheese (8 oz) |
$4.39
€4.15
|
$7.27
ISK998
|
|
| Milk (1 gallon) |
$4.49
€4.24
|
$6.01
ISK825
|
|
|
Eggs
1 dozen
|
$3.20
€3.03
|
$5.42
ISK744
|
|
| Boneless chicken breast (1 lb) |
$3.56
€3.37
|
$8.51
ISK1,169
|
|
| Apples (1 lb) |
$1.28
€1.21
|
$1.22
ISK168
|
|
| Bananas (1 lb) |
$0.84
€0.80
|
$1.03
ISK141
|
|
| Oranges (1 lb) |
$1.02
€0.96
|
$1.17
ISK161
|
|
| Tomatoes (1 lb) |
$1.33
€1.26
|
$1.87
ISK257
|
|
| Potatoes (1 lb) |
$0.78
€0.74
|
$1.23
ISK170
|
|
| Onions (1 lb) |
$0.85
€0.80
|
$0.78
ISK108
|
|
pay 72.5% more for transportation
|
Malta
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$5.42
€5.12
|
$8.36
ISK1,149
|
|
| Monthly public transit pass |
$23.63
€22.34
|
$71.28
ISK9,792
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$26,001.46
€24,580.69
|
$40,660.66
ISK5,585,962
|
|
| Taxi trip in downtown area (5 miles) |
$28.45
€26.90
|
$22.04
ISK3,027
|
|
pay 74.2% more for housing
|
Malta
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$31.01
€29.31
|
$72.17
ISK9,915
|
|
| 1-Bedroom apartment in downtown area |
$947.36
€895.59
|
$1,838.04
ISK252,510
|
|
| 1-Bedroom apartment outside city center |
$804.74
€760.77
|
$1,497.77
ISK205,764
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.35
€65.56
|
$58.01
ISK7,970
|
|
pay 43.5% less for childcare
|
Malta
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$587.45
€555.35
|
$258.16
ISK35,467
|
|
| Middle school for 1 child, two semesters |
$8,655.79
€8,182.82
|
$5,993.99
ISK823,455
|
|
pay 82.9% more for entertainment and sports
|
Malta
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.44
€3.25
|
$9.19
ISK1,262
|
|
| Cappuccino in mid-range area |
$2.38
€2.25
|
$4.65
ISK639
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.93
€5.60
|
$11.76
ISK1,615
|
|
| Monthly membership at local gym |
$56.85
€53.75
|
$61.46
ISK8,443
|
|
| Movie ticket to theater/cinema |
$9.86
€9.32
|
$14.35
ISK1,971
|
|
pay 60.1% more for clothing
|
Malta
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$89.57
€84.68
|
$111.23
ISK15,281
|
|
|
Regular dress
from H&M or similar store
|
$36.50
€34.50
|
$59.69
ISK8,200
|
|
|
Running shoes
Nike or Adidas
|
$88.33
€83.50
|
$148.00
ISK20,332
|
|
| Men's business shoes (leather) |
$99.58
€94.14
|
$184.49
ISK25,346
|
|
Change currency:
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Iceland or Malta. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.