Cost of living comparison
Iceland is 60.5% more expensive than Papua New Guinea.
If you lived in Iceland instead of Papua New Guinea, you would:
pay 2.1 times more for restaurants
|
Papua New Guinea
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$9.26
PGK37.06
|
$19.51
ISK2,682
|
|
|
Fast food combo meal
McDonalds, or similar
|
$9.04
PGK36.17
|
$16.45
ISK2,261
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.94
PGK3.76
|
$2.70
ISK372
|
|
| Bottle of water (11 fl. oz) |
$1.34
PGK5.37
|
$1.95
ISK269
|
|
pay 37.3% more for groceries
|
Papua New Guinea
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.44
PGK5.78
|
$3.16
ISK434
|
|
| Local cheese (8 oz) |
$2.42
PGK9.69
|
$6.72
ISK923
|
|
| Milk (1 gallon) |
$6.73
PGK26.94
|
$6.27
ISK862
|
|
|
Eggs
1 dozen
|
$3.81
PGK15.24
|
$6.03
ISK829
|
|
| Boneless chicken breast (1 lb) |
$2.97
PGK11.89
|
$7.60
ISK1,045
|
|
| Apples (1 lb) |
$1.29
PGK5.17
|
$1.13
ISK155
|
|
| Bananas (1 lb) |
$1.01
PGK4.05
|
$1.01
ISK139
|
|
| Oranges (1 lb) |
$1.55
PGK6.22
|
$1.15
ISK159
|
|
| Tomatoes (1 lb) |
$1.56
PGK6.23
|
$1.71
ISK235
|
|
| Potatoes (1 lb) |
$1.38
PGK5.53
|
$1.13
ISK155
|
|
| Onions (1 lb) |
$1.26
PGK5.06
|
$0.68
ISK94
|
|
pay 57.4% more for transportation
|
Papua New Guinea
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.10
PGK16.43
|
$8.42
ISK1,157
|
|
| Monthly public transit pass |
$34.80
PGK139.29
|
$68.29
ISK9,387
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$41,305.96
PGK165,352.92
|
$39,714.69
ISK5,458,784
|
|
| Taxi trip in downtown area (5 miles) |
$17.56
PGK70.27
|
$23.23
ISK3,193
|
|
pay 12.4% more for housing
|
Papua New Guinea
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$344.22
PGK1,377.94
|
$74.47
ISK10,236
|
|
| 1-Bedroom apartment in downtown area |
$2,807.14
PGK11,237.32
|
$1,518.94
ISK208,778
|
|
| 1-Bedroom apartment outside city center |
$418.22
PGK1,674.20
|
$1,325.48
ISK182,187
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$117.79
PGK471.54
|
$66.99
ISK9,208
|
|
pay 8.2% less for childcare
|
Papua New Guinea
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$543.22
PGK2,174.56
|
$254.97
ISK35,045
|
|
| Middle school for 1 child, two semesters |
$4,388.76
PGK17,568.75
|
$5,993.83
ISK823,851
|
|
pay 87.5% more for entertainment and sports
|
Papua New Guinea
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.10
PGK12.40
|
$9.37
ISK1,288
|
|
| Cappuccino in mid-range area |
$2.62
PGK10.49
|
$4.61
ISK634
|
|
|
Pack of cigarettes
Marlboro or similar
|
$7.10
PGK28.42
|
$11.22
ISK1,542
|
|
| Monthly membership at local gym |
$49.70
PGK198.94
|
$60.00
ISK8,247
|
|
| Movie ticket to theater/cinema |
$7.74
PGK31.00
|
$13.94
ISK1,916
|
|
pay 2.3 times more for clothing
|
Papua New Guinea
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$33.56
PGK134.35
|
$108.23
ISK14,877
|
|
|
Regular dress
from H&M or similar store
|
$36.14
PGK144.68
|
$59.73
ISK8,210
|
|
|
Running shoes
Nike or Adidas
|
$61.31
PGK245.45
|
$146.94
ISK20,197
|
|
| Men's business shoes (leather) |
$86.48
PGK346.21
|
$169.24
ISK23,262
|
|
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