Cost of living comparison
Iceland is 5.3 times more expensive than Sri Lanka.
If you lived in Iceland instead of Sri Lanka, you would:
pay 4.7 times more for restaurants
|
Sri Lanka
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$2.86
LKR829.64
|
$19.40
ISK2,691
|
|
|
Fast food combo meal
McDonalds, or similar
|
$6.80
LKR1,968.65
|
$16.94
ISK2,350
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.71
LKR204.83
|
$2.81
ISK390
|
|
| Bottle of water (11 fl. oz) |
$0.35
LKR101.95
|
$2.02
ISK280
|
|
pay 2.3 times more for groceries
|
Sri Lanka
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$0.56
LKR163.25
|
$2.95
ISK410
|
|
| Local cheese (8 oz) |
$6.21
LKR1,799.68
|
$7.27
ISK1,008
|
|
| Milk (1 gallon) |
$6.31
LKR1,828.54
|
$6.01
ISK833
|
|
|
Eggs
1 dozen
|
$2.18
LKR630.94
|
$5.42
ISK752
|
|
| Boneless chicken breast (1 lb) |
$2.29
LKR664.11
|
$8.51
ISK1,180
|
|
| Apples (1 lb) |
$3.04
LKR879.53
|
$1.22
ISK170
|
|
| Bananas (1 lb) |
$0.44
LKR128.47
|
$1.03
ISK142
|
|
| Oranges (1 lb) |
$2.56
LKR742.29
|
$1.17
ISK162
|
|
| Tomatoes (1 lb) |
$0.50
LKR144.66
|
$1.87
ISK260
|
|
| Potatoes (1 lb) |
$0.48
LKR139.65
|
$1.23
ISK171
|
|
| Onions (1 lb) |
$0.44
LKR128.24
|
$0.78
ISK109
|
|
pay 4.2 times more for transportation
|
Sri Lanka
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.84
LKR1,400.76
|
$8.36
ISK1,160
|
|
| Monthly public transit pass |
$10.76
LKR3,117.03
|
$71.28
ISK9,888
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$32,478.81
LKR9,408,734.06
|
$40,660.66
ISK5,640,447
|
|
| Taxi trip in downtown area (5 miles) |
$3.09
LKR894.33
|
$22.04
ISK3,057
|
|
pay 7.6 times more for housing
|
Sri Lanka
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$13.80
LKR3,997.59
|
$72.17
ISK10,012
|
|
| 1-Bedroom apartment in downtown area |
$163.33
LKR47,315.92
|
$1,838.04
ISK254,973
|
|
| 1-Bedroom apartment outside city center |
$123.34
LKR35,730.95
|
$1,497.77
ISK207,771
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$30.68
LKR8,888.26
|
$58.01
ISK8,048
|
|
pay 11.1 times more for childcare
|
Sri Lanka
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$26.94
LKR7,804.29
|
$258.16
ISK35,813
|
|
| Middle school for 1 child, two semesters |
$475.05
LKR137,617.91
|
$5,993.99
ISK831,487
|
|
pay 3.3 times more for entertainment and sports
|
Sri Lanka
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.00
LKR580.05
|
$9.19
ISK1,275
|
|
| Cappuccino in mid-range area |
$2.35
LKR680.67
|
$4.65
ISK645
|
|
|
Pack of cigarettes
Marlboro or similar
|
$8.91
LKR2,580.34
|
$11.76
ISK1,631
|
|
| Monthly membership at local gym |
$14.75
LKR4,274.24
|
$61.46
ISK8,526
|
|
| Movie ticket to theater/cinema |
$3.23
LKR935.11
|
$14.35
ISK1,990
|
|
pay 3.7 times more for clothing
|
Sri Lanka
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$29.58
LKR8,567.56
|
$111.23
ISK15,430
|
|
|
Regular dress
from H&M or similar store
|
$19.20
LKR5,562.84
|
$59.69
ISK8,280
|
|
|
Running shoes
Nike or Adidas
|
$65.72
LKR19,038.22
|
$148.00
ISK20,530
|
|
| Men's business shoes (leather) |
$33.57
LKR9,724.26
|
$184.49
ISK25,593
|
|
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