Cost of living comparison
Iceland is 13.8% more expensive than New Orleans.
- Restaurants
-
pay 0.9% more in Iceland
- Groceries
-
pay 4.8% less in Iceland
- Transportation
-
pay 70.3% more in Iceland
- Housing
-
pay 6.1% less in Iceland
- Childcare
-
pay 62.5% less in Iceland
- Entertainment and Sports
-
pay 17.0% more in Iceland
- Clothing
-
pay 81.8% more in Iceland
The cost of clothing, transportation, entertainment and sports, and restaurants in Iceland are more expensive than in New Orleans. Expenses including childcare, housing, and groceries are lower in Iceland. Notably, clothing is significantly more expensive in Iceland.
If you lived in Iceland instead of New Orleans, you would:
pay 0.9% more for restaurants
|
New Orleans
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$25.00
|
$19.40
ISK2,711
|
|
|
Fast food combo meal
McDonalds, or similar
|
$12.00
|
$16.94
ISK2,368
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.99
|
$2.81
ISK393
|
|
| Bottle of water (11 fl. oz) |
$2.22
|
$2.02
ISK283
|
|
pay 4.8% less for groceries
|
New Orleans
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.84
|
$2.95
ISK413
|
|
| Local cheese (8 oz) |
$8.06
|
$7.27
ISK1,016
|
|
| Milk (1 gallon) |
$4.78
|
$6.01
ISK840
|
|
|
Eggs
1 dozen
|
$3.46
|
$5.42
ISK757
|
|
| Boneless chicken breast (1 lb) |
$6.10
|
$8.51
ISK1,189
|
|
| Apples (1 lb) |
$2.49
|
$1.22
ISK171
|
|
| Bananas (1 lb) |
$0.77
|
$1.03
ISK143
|
|
| Oranges (1 lb) |
$2.17
|
$1.17
ISK164
|
|
| Tomatoes (1 lb) |
$2.19
|
$1.87
ISK262
|
|
| Potatoes (1 lb) |
$1.54
|
$1.23
ISK173
|
|
| Onions (1 lb) |
$1.39
|
$0.78
ISK110
|
|
pay 70.3% more for transportation
|
New Orleans
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.07
|
$8.36
ISK1,169
|
|
| Monthly public transit pass |
$45.00
|
$71.28
ISK9,963
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$36,884.90
|
$40,660.66
ISK5,683,547
|
|
| Taxi trip in downtown area (5 miles) |
$15.68
|
$22.04
ISK3,080
|
|
pay 6.1% less for housing
|
New Orleans
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$70.24
|
$72.17
ISK10,089
|
|
| 1-Bedroom apartment in downtown area |
$1,788.46
|
$1,838.04
ISK256,921
|
|
| 1-Bedroom apartment outside city center |
$1,119.08
|
$1,497.77
ISK209,358
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$159.89
|
$58.01
ISK8,109
|
|
pay 62.5% less for childcare
|
New Orleans
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,563.89
|
$258.16
ISK36,086
|
|
| Middle school for 1 child, two semesters |
$10,230.00
|
$5,993.99
ISK837,840
|
|
pay 17.0% more for entertainment and sports
|
New Orleans
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$5.60
|
$9.19
ISK1,284
|
|
| Cappuccino in mid-range area |
$5.12
|
$4.65
ISK650
|
|
|
Pack of cigarettes
Marlboro or similar
|
$8.49
|
$11.76
ISK1,643
|
|
| Monthly membership at local gym |
$64.00
|
$61.46
ISK8,591
|
|
| Movie ticket to theater/cinema |
$15.00
|
$14.35
ISK2,006
|
|
pay 81.8% more for clothing
|
New Orleans
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$52.14
|
$111.23
ISK15,548
|
|
|
Regular dress
from H&M or similar store
|
$36.67
|
$59.69
ISK8,343
|
|
|
Running shoes
Nike or Adidas
|
$79.17
|
$148.00
ISK20,687
|
|
| Men's business shoes (leather) |
$112.50
|
$184.49
ISK25,789
|
|
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