Cost of living comparison
Iceland is 2.4 times more expensive than Romania.
If you lived in Iceland instead of Romania, you would:
pay 100.0% more for restaurants
|
Romania
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.56
RON40.53
|
$19.40
ISK2,691
|
|
|
Fast food combo meal
McDonalds, or similar
|
$6.33
RON29.96
|
$16.94
ISK2,350
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.72
RON8.12
|
$2.81
ISK390
|
|
| Bottle of water (11 fl. oz) |
$1.43
RON6.76
|
$2.02
ISK280
|
|
pay 2.2 times more for groceries
|
Romania
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.08
RON5.10
|
$2.95
ISK410
|
|
| Local cheese (8 oz) |
$3.79
RON17.95
|
$7.27
ISK1,008
|
|
| Milk (1 gallon) |
$5.46
RON25.85
|
$6.01
ISK833
|
|
|
Eggs
1 dozen
|
$2.83
RON13.39
|
$5.42
ISK752
|
|
| Boneless chicken breast (1 lb) |
$2.70
RON12.79
|
$8.51
ISK1,180
|
|
| Apples (1 lb) |
$0.47
RON2.24
|
$1.22
ISK170
|
|
| Bananas (1 lb) |
$0.66
RON3.11
|
$1.03
ISK142
|
|
| Oranges (1 lb) |
$0.65
RON3.06
|
$1.17
ISK162
|
|
| Tomatoes (1 lb) |
$0.85
RON4.02
|
$1.87
ISK260
|
|
| Potatoes (1 lb) |
$0.38
RON1.78
|
$1.23
ISK171
|
|
| Onions (1 lb) |
$0.41
RON1.94
|
$0.78
ISK109
|
|
pay 2.5 times more for transportation
|
Romania
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$5.64
RON26.73
|
$8.36
ISK1,160
|
|
| Monthly public transit pass |
$20.73
RON98.16
|
$71.28
ISK9,888
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$25,159.13
RON119,143.58
|
$40,660.66
ISK5,640,447
|
|
| Taxi trip in downtown area (5 miles) |
$6.39
RON30.28
|
$22.04
ISK3,057
|
|
pay 4.9 times more for housing
|
Romania
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$8.45
RON40.01
|
$72.17
ISK10,012
|
|
| 1-Bedroom apartment in downtown area |
$363.94
RON1,723.47
|
$1,838.04
ISK254,973
|
|
| 1-Bedroom apartment outside city center |
$266.85
RON1,263.70
|
$1,497.77
ISK207,771
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$107.36
RON508.44
|
$58.01
ISK8,048
|
|
pay 20.5% less for childcare
|
Romania
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$405.62
RON1,920.84
|
$258.16
ISK35,813
|
|
| Middle school for 1 child, two semesters |
$6,284.14
RON29,759.16
|
$5,993.99
ISK831,487
|
|
pay 2.6 times more for entertainment and sports
|
Romania
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.01
RON9.54
|
$9.19
ISK1,275
|
|
| Cappuccino in mid-range area |
$2.20
RON10.43
|
$4.65
ISK645
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.30
RON25.09
|
$11.76
ISK1,631
|
|
| Monthly membership at local gym |
$37.40
RON177.12
|
$61.46
ISK8,526
|
|
| Movie ticket to theater/cinema |
$6.19
RON29.31
|
$14.35
ISK1,990
|
|
pay 2.0 times more for clothing
|
Romania
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$57.67
RON273.10
|
$111.23
ISK15,430
|
|
|
Regular dress
from H&M or similar store
|
$34.90
RON165.27
|
$59.69
ISK8,280
|
|
|
Running shoes
Nike or Adidas
|
$69.76
RON330.34
|
$148.00
ISK20,530
|
|
| Men's business shoes (leather) |
$80.53
RON381.36
|
$184.49
ISK25,593
|
|
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