Cost of living comparison
Iceland is 2.3 times more expensive than Serbia.
If you lived in Iceland instead of Serbia, you would:
pay 2.1 times more for restaurants
|
Serbia
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$7.13
RSD794
|
$19.40
ISK2,691
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.64
RSD850
|
$16.94
ISK2,350
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.60
RSD178
|
$2.81
ISK390
|
|
| Bottle of water (11 fl. oz) |
$1.16
RSD129
|
$2.02
ISK280
|
|
pay 2.3 times more for groceries
|
Serbia
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$0.70
RSD78
|
$2.95
ISK410
|
|
| Local cheese (8 oz) |
$3.97
RSD442
|
$7.27
ISK1,008
|
|
| Milk (1 gallon) |
$4.84
RSD539
|
$6.01
ISK833
|
|
|
Eggs
1 dozen
|
$2.39
RSD266
|
$5.42
ISK752
|
|
| Boneless chicken breast (1 lb) |
$2.93
RSD326
|
$8.51
ISK1,180
|
|
| Apples (1 lb) |
$0.48
RSD53
|
$1.22
ISK170
|
|
| Bananas (1 lb) |
$0.75
RSD84
|
$1.03
ISK142
|
|
| Oranges (1 lb) |
$0.64
RSD71
|
$1.17
ISK162
|
|
| Tomatoes (1 lb) |
$0.81
RSD90
|
$1.87
ISK260
|
|
| Potatoes (1 lb) |
$0.46
RSD51
|
$1.23
ISK171
|
|
| Onions (1 lb) |
$0.43
RSD48
|
$0.78
ISK109
|
|
pay 2.2 times more for transportation
|
Serbia
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.22
RSD693
|
$8.36
ISK1,160
|
|
| Monthly public transit pass |
$23.52
RSD2,618
|
$71.28
ISK9,888
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$28,112.26
RSD3,129,277
|
$40,660.66
ISK5,640,447
|
|
| Taxi trip in downtown area (5 miles) |
$7.11
RSD791
|
$22.04
ISK3,057
|
|
pay 3.7 times more for housing
|
Serbia
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$23.16
RSD2,579
|
$72.17
ISK10,012
|
|
| 1-Bedroom apartment in downtown area |
$353.21
RSD39,317
|
$1,838.04
ISK254,973
|
|
| 1-Bedroom apartment outside city center |
$242.83
RSD27,031
|
$1,497.77
ISK207,771
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$113.86
RSD12,674
|
$58.01
ISK8,048
|
|
pay 9.9% more for childcare
|
Serbia
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$238.41
RSD26,538
|
$258.16
ISK35,813
|
|
| Middle school for 1 child, two semesters |
$5,379.39
RSD598,800
|
$5,993.99
ISK831,487
|
|
pay 3.2 times more for entertainment and sports
|
Serbia
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.03
RSD226
|
$9.19
ISK1,275
|
|
| Cappuccino in mid-range area |
$1.68
RSD187
|
$4.65
ISK645
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.80
RSD423
|
$11.76
ISK1,631
|
|
| Monthly membership at local gym |
$25.78
RSD2,869
|
$61.46
ISK8,526
|
|
| Movie ticket to theater/cinema |
$4.53
RSD504
|
$14.35
ISK1,990
|
|
pay 66.4% more for clothing
|
Serbia
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$73.17
RSD8,144
|
$111.23
ISK15,430
|
|
|
Regular dress
from H&M or similar store
|
$35.45
RSD3,947
|
$59.69
ISK8,280
|
|
|
Running shoes
Nike or Adidas
|
$92.31
RSD10,275
|
$148.00
ISK20,530
|
|
| Men's business shoes (leather) |
$99.77
RSD11,106
|
$184.49
ISK25,593
|
|
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