Cost of living comparison
Iceland is 3.6 times more expensive than Russia.
If you lived in Iceland instead of Russia, you would:
pay 4.0 times more for restaurants
Russia
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$6.51
RUB680.02
|
$19.40
ISK2,691
|
|
Fast food combo meal
McDonalds, or similar
|
$4.14
RUB432.80
|
$16.94
ISK2,350
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.80
RUB83.34
|
$2.81
ISK390
|
|
Bottle of water (11 fl. oz) |
$0.38
RUB40.16
|
$2.02
ISK280
|
|
pay 3.4 times more for groceries
Russia
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$0.47
RUB48.95
|
$2.95
ISK410
|
|
Local cheese (8 oz) |
$3.72
RUB388.11
|
$7.27
ISK1,008
|
|
Milk (1 gallon) |
$3.07
RUB320.94
|
$6.01
ISK833
|
|
Eggs
1 dozen
|
$1.21
RUB126.50
|
$5.42
ISK752
|
|
Boneless chicken breast (1 lb) |
$1.66
RUB172.99
|
$8.51
ISK1,180
|
|
Apples (1 lb) |
$0.54
RUB56.58
|
$1.22
ISK170
|
|
Bananas (1 lb) |
$0.55
RUB57.59
|
$1.03
ISK142
|
|
Oranges (1 lb) |
$0.71
RUB74.55
|
$1.17
ISK162
|
|
Tomatoes (1 lb) |
$0.89
RUB92.58
|
$1.87
ISK260
|
|
Potatoes (1 lb) |
$0.22
RUB22.60
|
$1.23
ISK171
|
|
Onions (1 lb) |
$0.21
RUB21.76
|
$0.78
ISK109
|
|
pay 3.7 times more for transportation
Russia
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$2.12
RUB221.31
|
$8.36
ISK1,160
|
|
Monthly public transit pass |
$17.67
RUB1,845.45
|
$71.28
ISK9,888
|
|
New Volkswagen Golf 1.4 (standard edition) |
$26,642.44
RUB2,783,095.57
|
$40,660.66
ISK5,640,447
|
|
Taxi trip in downtown area (5 miles) |
$4.15
RUB433.53
|
$22.04
ISK3,057
|
|
pay 6.5 times more for housing
Russia
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$5.97
RUB624.09
|
$72.17
ISK10,012
|
|
1-Bedroom apartment in downtown area |
$304.49
RUB31,807.69
|
$1,838.04
ISK254,973
|
|
1-Bedroom apartment outside city center |
$210.86
RUB22,026.19
|
$1,497.77
ISK207,771
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$64.94
RUB6,783.54
|
$58.01
ISK8,048
|
|
pay 26.9% more for childcare
Russia
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$190.09
RUB19,857.25
|
$258.16
ISK35,813
|
|
Middle school for 1 child, two semesters |
$5,074.52
RUB530,089.44
|
$5,993.99
ISK831,487
|
|
pay 4.1 times more for entertainment and sports
Russia
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.42
RUB148.61
|
$9.19
ISK1,275
|
|
Cappuccino in mid-range area |
$1.67
RUB174.52
|
$4.65
ISK645
|
|
Pack of cigarettes
Marlboro or similar
|
$2.10
RUB219.13
|
$11.76
ISK1,631
|
|
Monthly membership at local gym |
$28.15
RUB2,941.04
|
$61.46
ISK8,526
|
|
Movie ticket to theater/cinema |
$3.97
RUB415.06
|
$14.35
ISK1,990
|
|
pay 2.1 times more for clothing
Russia
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$51.85
RUB5,416.14
|
$111.23
ISK15,430
|
|
Regular dress
from H&M or similar store
|
$33.92
RUB3,543.47
|
$59.69
ISK8,280
|
|
Running shoes
Nike or Adidas
|
$76.53
RUB7,994.07
|
$148.00
ISK20,530
|
|
Men's business shoes (leather) |
$75.61
RUB7,898.46
|
$184.49
ISK25,593
|
|
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