Cost of living comparison
Iceland is 7.0 times more expensive than Pakistan.
If you lived in Iceland instead of Pakistan, you would:
pay 8.9 times more for restaurants
|
Pakistan
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$1.57
PKR436.83
|
$19.51
ISK2,682
|
|
|
Fast food combo meal
McDonalds, or similar
|
$3.50
PKR969.95
|
$16.45
ISK2,261
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.30
PKR84.11
|
$2.70
ISK372
|
|
| Bottle of water (11 fl. oz) |
$0.21
PKR57.61
|
$1.95
ISK269
|
|
pay 4.7 times more for groceries
|
Pakistan
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$0.56
PKR154.91
|
$3.16
ISK434
|
|
| Local cheese (8 oz) |
$2.35
PKR651.82
|
$6.72
ISK923
|
|
| Milk (1 gallon) |
$2.66
PKR737.72
|
$6.27
ISK862
|
|
|
Eggs
1 dozen
|
$1.10
PKR303.98
|
$6.03
ISK829
|
|
| Boneless chicken breast (1 lb) |
$1.23
PKR341.12
|
$7.60
ISK1,045
|
|
| Apples (1 lb) |
$0.43
PKR118.99
|
$1.13
ISK155
|
|
| Bananas (1 lb) |
$0.28
PKR76.70
|
$1.01
ISK139
|
|
| Oranges (1 lb) |
$0.31
PKR87.16
|
$1.15
ISK159
|
|
| Tomatoes (1 lb) |
$0.20
PKR55.55
|
$1.71
ISK235
|
|
| Potatoes (1 lb) |
$0.16
PKR43.58
|
$1.13
ISK155
|
|
| Onions (1 lb) |
$0.20
PKR54.74
|
$0.68
ISK94
|
|
pay 5.1 times more for transportation
|
Pakistan
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.75
PKR1,039.18
|
$8.42
ISK1,157
|
|
| Monthly public transit pass |
$6.78
PKR1,879.61
|
$68.29
ISK9,387
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$16,737.54
PKR4,642,248.50
|
$39,714.69
ISK5,458,784
|
|
| Taxi trip in downtown area (5 miles) |
$3.96
PKR1,099.35
|
$23.23
ISK3,193
|
|
pay 12.8 times more for housing
|
Pakistan
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$14.27
PKR3,958.68
|
$74.47
ISK10,236
|
|
| 1-Bedroom apartment in downtown area |
$81.52
PKR22,610.75
|
$1,518.94
ISK208,778
|
|
| 1-Bedroom apartment outside city center |
$50.88
PKR14,111.43
|
$1,325.48
ISK182,187
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$54.49
PKR15,112.65
|
$66.99
ISK9,208
|
|
pay 7.3 times more for childcare
|
Pakistan
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$29.66
PKR8,225.75
|
$254.97
ISK35,045
|
|
| Middle school for 1 child, two semesters |
$1,010.43
PKR280,248.39
|
$5,993.83
ISK823,851
|
|
pay 4.9 times more for entertainment and sports
|
Pakistan
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.84
PKR510.27
|
$9.37
ISK1,288
|
|
| Cappuccino in mid-range area |
$1.52
PKR420.68
|
$4.61
ISK634
|
|
|
Pack of cigarettes
Marlboro or similar
|
$1.63
PKR453.17
|
$11.22
ISK1,542
|
|
| Monthly membership at local gym |
$10.78
PKR2,990.42
|
$60.00
ISK8,247
|
|
| Movie ticket to theater/cinema |
$3.47
PKR962.32
|
$13.94
ISK1,916
|
|
pay 5.1 times more for clothing
|
Pakistan
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$13.74
PKR3,809.68
|
$108.23
ISK14,877
|
|
|
Regular dress
from H&M or similar store
|
$18.92
PKR5,247.06
|
$59.73
ISK8,210
|
|
|
Running shoes
Nike or Adidas
|
$48.54
PKR13,461.57
|
$146.94
ISK20,197
|
|
| Men's business shoes (leather) |
$26.13
PKR7,246.66
|
$169.24
ISK23,262
|
|
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