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
€10.85
|
$19.40
ISK2,699
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.81
€8.45
|
$16.94
ISK2,357
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.10
€2.01
|
$2.81
ISK391
|
|
| Bottle of water (11 fl. oz) |
$1.65
€1.59
|
$2.02
ISK281
|
|
pay 89.5% more for groceries
|
Montenegro
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$0.98
€0.94
|
$2.95
ISK411
|
|
| Local cheese (8 oz) |
$4.01
€3.84
|
$7.27
ISK1,011
|
|
| Milk (1 gallon) |
$5.18
€4.96
|
$6.01
ISK836
|
|
|
Eggs
1 dozen
|
$3.02
€2.89
|
$5.42
ISK754
|
|
| Boneless chicken breast (1 lb) |
$3.19
€3.06
|
$8.51
ISK1,184
|
|
| Apples (1 lb) |
$0.61
€0.58
|
$1.22
ISK170
|
|
| Bananas (1 lb) |
$0.83
€0.80
|
$1.03
ISK143
|
|
| Oranges (1 lb) |
$0.67
€0.64
|
$1.17
ISK163
|
|
| Tomatoes (1 lb) |
$1.17
€1.12
|
$1.87
ISK261
|
|
| Potatoes (1 lb) |
$0.50
€0.48
|
$1.23
ISK172
|
|
| Onions (1 lb) |
$0.59
€0.57
|
$0.78
ISK109
|
|
pay 73.2% more for transportation
|
Montenegro
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.10
€5.85
|
$8.36
ISK1,163
|
|
| Monthly public transit pass |
$39.06
€37.45
|
$71.28
ISK9,917
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$27,888.35
€26,738.60
|
$40,660.66
ISK5,657,118
|
|
| Taxi trip in downtown area (5 miles) |
$9.69
€9.29
|
$22.04
ISK3,066
|
|
pay 2.1 times more for housing
|
Montenegro
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$29.16
€27.96
|
$72.17
ISK10,042
|
|
| 1-Bedroom apartment in downtown area |
$691.39
€662.89
|
$1,838.04
ISK255,726
|
|
| 1-Bedroom apartment outside city center |
$536.29
€514.18
|
$1,497.77
ISK208,385
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$98.51
€94.45
|
$58.01
ISK8,072
|
|
pay 31.9% less for childcare
|
Montenegro
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$385.16
€369.28
|
$258.16
ISK35,918
|
|
| Middle school for 1 child, two semesters |
$8,661.10
€8,304.03
|
$5,993.99
ISK833,944
|
|
pay 2.4 times more for entertainment and sports
|
Montenegro
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.71
€2.60
|
$9.19
ISK1,278
|
|
| Cappuccino in mid-range area |
$2.26
€2.17
|
$4.65
ISK647
|
|
|
Pack of cigarettes
Marlboro or similar
|
$4.12
€3.95
|
$11.76
ISK1,636
|
|
| Monthly membership at local gym |
$58.84
€56.42
|
$61.46
ISK8,551
|
|
| Movie ticket to theater/cinema |
$5.48
€5.25
|
$14.35
ISK1,996
|
|
pay 29.8% more for clothing
|
Montenegro
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$83.30
€79.87
|
$111.23
ISK15,476
|
|
|
Regular dress
from H&M or similar store
|
$45.33
€43.46
|
$59.69
ISK8,305
|
|
|
Running shoes
Nike or Adidas
|
$104.82
€100.49
|
$148.00
ISK20,591
|
|
| Men's business shoes (leather) |
$163.37
€156.64
|
$184.49
ISK25,669
|
|
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