Cost of living comparison
Iceland is 83.9% more expensive than Trinidad and Tobago.
If you lived in Iceland instead of Trinidad and Tobago, you would:
pay 2.4 times more for restaurants
|
Trinidad and Tobago
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$9.58
TTD64.84
|
$19.51
ISK2,682
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.18
TTD48.63
|
$16.45
ISK2,261
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.99
TTD6.71
|
$2.70
ISK372
|
|
| Bottle of water (11 fl. oz) |
$0.80
TTD5.43
|
$1.95
ISK269
|
|
pay 29.9% more for groceries
|
Trinidad and Tobago
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.34
TTD15.82
|
$3.16
ISK434
|
|
| Local cheese (8 oz) |
$3.47
TTD23.53
|
$6.72
ISK923
|
|
| Milk (1 gallon) |
$8.48
TTD57.39
|
$6.27
ISK862
|
|
|
Eggs
1 dozen
|
$4.10
TTD27.78
|
$6.03
ISK829
|
|
| Boneless chicken breast (1 lb) |
$3.70
TTD25.08
|
$7.60
ISK1,045
|
|
| Apples (1 lb) |
$2.26
TTD15.28
|
$1.13
ISK155
|
|
| Bananas (1 lb) |
$0.98
TTD6.66
|
$1.01
ISK139
|
|
| Oranges (1 lb) |
$1.47
TTD9.97
|
$1.15
ISK159
|
|
| Tomatoes (1 lb) |
$1.80
TTD12.16
|
$1.71
ISK235
|
|
| Potatoes (1 lb) |
$0.49
TTD3.35
|
$1.13
ISK155
|
|
| Onions (1 lb) |
$0.57
TTD3.85
|
$0.68
ISK94
|
|
pay 79.5% more for transportation
|
Trinidad and Tobago
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.75
TTD25.38
|
$8.42
ISK1,157
|
|
| Monthly public transit pass |
$71.71
TTD485.48
|
$68.29
ISK9,387
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$34,209.13
TTD231,602.83
|
$39,714.69
ISK5,458,784
|
|
| Taxi trip in downtown area (5 miles) |
$8.23
TTD55.70
|
$23.23
ISK3,193
|
|
pay 2.3 times more for housing
|
Trinidad and Tobago
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$54.79
TTD370.94
|
$74.47
ISK10,236
|
|
| 1-Bedroom apartment in downtown area |
$492.00
TTD3,330.97
|
$1,518.94
ISK208,778
|
|
| 1-Bedroom apartment outside city center |
$370.49
TTD2,508.26
|
$1,325.48
ISK182,187
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$59.72
TTD404.31
|
$66.99
ISK9,208
|
|
pay 25.9% more for childcare
|
Trinidad and Tobago
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$209.31
TTD1,417.10
|
$254.97
ISK35,045
|
|
| Middle school for 1 child, two semesters |
$4,610.47
TTD31,213.84
|
$5,993.83
ISK823,851
|
|
pay 2.3 times more for entertainment and sports
|
Trinidad and Tobago
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.96
TTD13.30
|
$9.37
ISK1,288
|
|
| Cappuccino in mid-range area |
$3.47
TTD23.47
|
$4.61
ISK634
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.05
TTD34.17
|
$11.22
ISK1,542
|
|
| Monthly membership at local gym |
$47.60
TTD322.26
|
$60.00
ISK8,247
|
|
| Movie ticket to theater/cinema |
$7.86
TTD53.20
|
$13.94
ISK1,916
|
|
pay 58.8% more for clothing
|
Trinidad and Tobago
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$56.14
TTD380.07
|
$108.23
ISK14,877
|
|
|
Regular dress
from H&M or similar store
|
$46.05
TTD311.74
|
$59.73
ISK8,210
|
|
|
Running shoes
Nike or Adidas
|
$114.00
TTD771.84
|
$146.94
ISK20,197
|
|
| Men's business shoes (leather) |
$92.11
TTD623.62
|
$169.24
ISK23,262
|
|
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