Cost of living comparison
Iceland is 66.8% more expensive than Montenegro.
If you lived in Iceland instead of Montenegro, you would:
pay 55.1% more for restaurants
|
Montenegro
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$11.31
€10.73
|
$19.40
ISK2,670
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.81
€8.36
|
$16.94
ISK2,332
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.10
€1.99
|
$2.81
ISK387
|
|
| Bottle of water (11 fl. oz) |
$1.65
€1.57
|
$2.02
ISK278
|
|
pay 89.5% more for groceries
|
Montenegro
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$0.98
€0.93
|
$2.95
ISK407
|
|
| Local cheese (8 oz) |
$4.01
€3.80
|
$7.27
ISK1,000
|
|
| Milk (1 gallon) |
$5.18
€4.91
|
$6.01
ISK827
|
|
|
Eggs
1 dozen
|
$3.02
€2.86
|
$5.42
ISK746
|
|
| Boneless chicken breast (1 lb) |
$3.19
€3.03
|
$8.51
ISK1,171
|
|
| Apples (1 lb) |
$0.61
€0.58
|
$1.22
ISK168
|
|
| Bananas (1 lb) |
$0.83
€0.79
|
$1.03
ISK141
|
|
| Oranges (1 lb) |
$0.67
€0.64
|
$1.17
ISK161
|
|
| Tomatoes (1 lb) |
$1.17
€1.11
|
$1.87
ISK258
|
|
| Potatoes (1 lb) |
$0.50
€0.47
|
$1.23
ISK170
|
|
| Onions (1 lb) |
$0.59
€0.56
|
$0.78
ISK108
|
|
pay 73.2% more for transportation
|
Montenegro
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.10
€5.79
|
$8.36
ISK1,151
|
|
| Monthly public transit pass |
$39.06
€37.04
|
$71.28
ISK9,812
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$27,888.35
€26,448.25
|
$40,660.66
ISK5,596,940
|
|
| Taxi trip in downtown area (5 miles) |
$9.69
€9.19
|
$22.04
ISK3,033
|
|
pay 2.1 times more for housing
|
Montenegro
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$29.16
€27.65
|
$72.17
ISK9,935
|
|
| 1-Bedroom apartment in downtown area |
$691.39
€655.69
|
$1,838.04
ISK253,006
|
|
| 1-Bedroom apartment outside city center |
$536.29
€508.60
|
$1,497.77
ISK206,168
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$98.51
€93.42
|
$58.01
ISK7,986
|
|
pay 31.9% less for childcare
|
Montenegro
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$385.16
€365.27
|
$258.16
ISK35,536
|
|
| Middle school for 1 child, two semesters |
$8,661.10
€8,213.86
|
$5,993.99
ISK825,073
|
|
pay 2.4 times more for entertainment and sports
|
Montenegro
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.71
€2.57
|
$9.19
ISK1,265
|
|
| Cappuccino in mid-range area |
$2.26
€2.14
|
$4.65
ISK640
|
|
|
Pack of cigarettes
Marlboro or similar
|
$4.12
€3.91
|
$11.76
ISK1,618
|
|
| Monthly membership at local gym |
$58.84
€55.80
|
$61.46
ISK8,460
|
|
| Movie ticket to theater/cinema |
$5.48
€5.20
|
$14.35
ISK1,975
|
|
pay 29.8% more for clothing
|
Montenegro
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$83.30
€79.00
|
$111.23
ISK15,311
|
|
|
Regular dress
from H&M or similar store
|
$45.33
€42.99
|
$59.69
ISK8,216
|
|
|
Running shoes
Nike or Adidas
|
$104.82
€99.40
|
$148.00
ISK20,372
|
|
| Men's business shoes (leather) |
$163.37
€154.93
|
$184.49
ISK25,396
|
|
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