Cost of living comparison
Iceland is 0.0% more expensive than Rhode Island.
- Restaurants
-
pay 6.2% more in Iceland
- Groceries
-
pay 13.5% less in Iceland
- Transportation
-
pay 38.2% more in Iceland
- Housing
-
pay 19.2% less in Iceland
- Childcare
-
pay 88.6% less in Iceland
- Entertainment and Sports
-
pay 1.9% more in Iceland
- Clothing
-
pay 75.2% more in Iceland
The cost of clothing, transportation, restaurants, and entertainment and sports in Iceland are more expensive than in Rhode Island. 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 Rhode Island, you would:
pay 6.2% more for restaurants
|
Rhode Island
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$24.67
|
$19.40
ISK2,476
|
|
|
Fast food combo meal
McDonalds, or similar
|
$11.33
|
$16.94
ISK2,163
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.67
|
$2.81
ISK359
|
|
| Bottle of water (11 fl. oz) |
$2.21
|
$2.02
ISK258
|
|
pay 13.5% less for groceries
|
Rhode Island
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.91
|
$2.95
ISK377
|
|
| Local cheese (8 oz) |
$6.42
|
$7.27
ISK927
|
|
| Milk (1 gallon) |
$5.29
|
$6.01
ISK767
|
|
|
Eggs
1 dozen
|
$5.07
|
$5.42
ISK692
|
|
| Boneless chicken breast (1 lb) |
$5.23
|
$8.51
ISK1,086
|
|
| Apples (1 lb) |
$2.90
|
$1.22
ISK156
|
|
| Bananas (1 lb) |
$0.88
|
$1.03
ISK131
|
|
| Oranges (1 lb) |
$2.64
|
$1.17
ISK150
|
|
| Tomatoes (1 lb) |
$2.67
|
$1.87
ISK239
|
|
| Potatoes (1 lb) |
$1.91
|
$1.23
ISK158
|
|
| Onions (1 lb) |
$1.89
|
$0.78
ISK100
|
|
pay 38.2% more for transportation
|
Rhode Island
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.50
|
$8.36
ISK1,067
|
|
| Monthly public transit pass |
$70.00
|
$71.28
ISK9,100
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$35,691.02
|
$40,660.66
ISK5,190,740
|
|
| Taxi trip in downtown area (5 miles) |
$22.40
|
$22.04
ISK2,813
|
|
pay 19.2% less for housing
|
Rhode Island
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$62.18
|
$72.17
ISK9,214
|
|
| 1-Bedroom apartment in downtown area |
$2,090.00
|
$1,838.04
ISK234,644
|
|
| 1-Bedroom apartment outside city center |
$1,773.33
|
$1,497.77
ISK191,205
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$166.70
|
$58.01
ISK7,406
|
|
pay 88.6% less for childcare
|
Rhode Island
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$2,051.19
|
$258.16
ISK32,957
|
|
| Middle school for 1 child, two semesters |
$59,000.00
|
$5,993.99
ISK765,193
|
|
pay 1.9% more for entertainment and sports
|
Rhode Island
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$6.67
|
$9.19
ISK1,173
|
|
| Cappuccino in mid-range area |
$4.98
|
$4.65
ISK593
|
|
|
Pack of cigarettes
Marlboro or similar
|
$13.00
|
$11.76
ISK1,501
|
|
| Monthly membership at local gym |
$61.00
|
$61.46
ISK7,846
|
|
| Movie ticket to theater/cinema |
$16.50
|
$14.35
ISK1,832
|
|
pay 75.2% more for clothing
|
Rhode Island
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$54.53
|
$111.23
ISK14,200
|
|
|
Regular dress
from H&M or similar store
|
$37.10
|
$59.69
ISK7,620
|
|
|
Running shoes
Nike or Adidas
|
$88.87
|
$148.00
ISK18,894
|
|
| Men's business shoes (leather) |
$108.90
|
$184.49
ISK23,552
|
|
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