Cost of living comparison
Iceland is 48.3% more expensive than Malta overall.
- Restaurants
-
pay 39.5% more in Iceland
- Groceries
-
pay 52.5% more in Iceland
- Transportation
-
pay 72.5% more in Iceland
- Housing
-
pay 74.2% more in Iceland
- Childcare
-
pay 43.5% less in Iceland
- Entertainment and Sports
-
pay 82.9% more in Iceland
- Clothing
-
pay 60.1% more in Iceland
The cost of entertainment and sports, housing, transportation, clothing, groceries, and restaurants in Iceland are more expensive than in Malta. Notably, entertainment and sports is significantly more expensive in Iceland.
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
€15.11
|
$19.40
ISK2,711
|
|
|
Fast food combo meal
McDonalds, or similar
|
$9.83
€9.54
|
$16.94
ISK2,368
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.16
€2.10
|
$2.81
ISK393
|
|
| Bottle of water (11 fl. oz) |
$1.54
€1.50
|
$2.02
ISK283
|
|
pay 52.5% more for groceries
|
Malta
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.20
€1.16
|
$2.95
ISK413
|
|
| Local cheese (8 oz) |
$4.39
€4.26
|
$7.27
ISK1,016
|
|
| Milk (1 gallon) |
$4.49
€4.35
|
$6.01
ISK840
|
|
|
Eggs
1 dozen
|
$3.20
€3.10
|
$5.42
ISK757
|
|
| Boneless chicken breast (1 lb) |
$3.56
€3.46
|
$8.51
ISK1,189
|
|
| Apples (1 lb) |
$1.28
€1.24
|
$1.22
ISK171
|
|
| Bananas (1 lb) |
$0.84
€0.82
|
$1.03
ISK143
|
|
| Oranges (1 lb) |
$1.02
€0.99
|
$1.17
ISK164
|
|
| Tomatoes (1 lb) |
$1.33
€1.29
|
$1.87
ISK262
|
|
| Potatoes (1 lb) |
$0.78
€0.76
|
$1.23
ISK173
|
|
| Onions (1 lb) |
$0.85
€0.82
|
$0.78
ISK110
|
|
pay 72.5% more for transportation
|
Malta
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$5.42
€5.25
|
$8.36
ISK1,169
|
|
| Monthly public transit pass |
$23.63
€22.92
|
$71.28
ISK9,963
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$26,001.46
€25,215.98
|
$40,660.66
ISK5,683,547
|
|
| Taxi trip in downtown area (5 miles) |
$28.45
€27.59
|
$22.04
ISK3,080
|
|
pay 74.2% more for housing
|
Malta
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$31.01
€30.07
|
$72.17
ISK10,089
|
|
| 1-Bedroom apartment in downtown area |
$947.36
€918.74
|
$1,838.04
ISK256,921
|
|
| 1-Bedroom apartment outside city center |
$804.74
€780.43
|
$1,497.77
ISK209,358
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.35
€67.25
|
$58.01
ISK8,109
|
|
pay 43.5% less for childcare
|
Malta
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$587.45
€569.70
|
$258.16
ISK36,086
|
|
| Middle school for 1 child, two semesters |
$8,655.79
€8,394.30
|
$5,993.99
ISK837,840
|
|
pay 82.9% more for entertainment and sports
|
Malta
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.44
€3.33
|
$9.19
ISK1,284
|
|
| Cappuccino in mid-range area |
$2.38
€2.31
|
$4.65
ISK650
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.93
€5.75
|
$11.76
ISK1,643
|
|
| Monthly membership at local gym |
$56.85
€55.13
|
$61.46
ISK8,591
|
|
| Movie ticket to theater/cinema |
$9.86
€9.56
|
$14.35
ISK2,006
|
|
pay 60.1% more for clothing
|
Malta
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$89.57
€86.87
|
$111.23
ISK15,548
|
|
|
Regular dress
from H&M or similar store
|
$36.50
€35.39
|
$59.69
ISK8,343
|
|
|
Running shoes
Nike or Adidas
|
$88.33
€85.66
|
$148.00
ISK20,687
|
|
| Men's business shoes (leather) |
$99.58
€96.58
|
$184.49
ISK25,789
|
|
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