Cost of living comparison
Iceland is 6.3 times more expensive than North Korea.
If you lived in Iceland instead of North Korea, you would:
pay 59.8% more for restaurants
|
North Korea
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant | ?? |
$19.40
ISK2,670
|
|
|
Fast food combo meal
McDonalds, or similar
|
?? |
$16.94
ISK2,332
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.14
KPW1,929
|
$2.81
ISK387
|
|
| Bottle of water (11 fl. oz) |
$1.07
KPW965
|
$2.02
ISK278
|
|
pay 75.4% more for groceries
|
North Korea
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.20
KPW1,983
|
$2.95
ISK407
|
|
| Local cheese (8 oz) | ?? |
$7.27
ISK1,000
|
|
| Milk (1 gallon) |
$3.40
KPW3,058
|
$6.01
ISK827
|
|
|
Eggs
1 dozen
|
$2.52
KPW2,267
|
$5.42
ISK746
|
|
| Boneless chicken breast (1 lb) | ?? |
$8.51
ISK1,171
|
|
| Apples (1 lb) | ?? |
$1.22
ISK168
|
|
| Bananas (1 lb) | ?? |
$1.03
ISK141
|
|
| Oranges (1 lb) | ?? |
$1.17
ISK161
|
|
| Tomatoes (1 lb) | ?? |
$1.87
ISK258
|
|
| Potatoes (1 lb) | ?? |
$1.23
ISK170
|
|
| Onions (1 lb) | ?? |
$0.78
ISK108
|
|
pay (unknown) more for transportation
|
North Korea
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) | ?? |
$8.36
ISK1,151
|
|
| Monthly public transit pass | ?? |
$71.28
ISK9,812
|
|
| New Volkswagen Golf 1.4 (standard edition) | ?? |
$40,660.66
ISK5,596,940
|
|
| Taxi trip in downtown area (5 miles) | ?? |
$22.04
ISK3,033
|
pay 19.5 times more for housing
|
North Korea
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
?? |
$72.17
ISK9,935
|
|
| 1-Bedroom apartment in downtown area |
$85.74
KPW77,167
|
$1,838.04
ISK253,006
|
|
| 1-Bedroom apartment outside city center |
$85.74
KPW77,167
|
$1,497.77
ISK206,168
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
?? |
$58.01
ISK7,986
|
|
pay (unknown) more for childcare
|
North Korea
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly | ?? |
$258.16
ISK35,536
|
|
| Middle school for 1 child, two semesters | ?? |
$5,993.99
ISK825,073
|
pay 2.5 times more for entertainment and sports
|
North Korea
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$12.86
KPW11,575
|
$9.19
ISK1,265
|
|
| Cappuccino in mid-range area |
$1.07
KPW965
|
$4.65
ISK640
|
|
|
Pack of cigarettes
Marlboro or similar
|
?? |
$11.76
ISK1,618
|
|
| Monthly membership at local gym | ?? |
$61.46
ISK8,460
|
|
| Movie ticket to theater/cinema | ?? |
$14.35
ISK1,975
|
|
pay (unknown) more for clothing
|
North Korea
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
?? |
$111.23
ISK15,311
|
|
|
Regular dress
from H&M or similar store
|
?? |
$59.69
ISK8,216
|
|
|
Running shoes
Nike or Adidas
|
?? |
$148.00
ISK20,372
|
|
| Men's business shoes (leather) | ?? |
$184.49
ISK25,396
|
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