Cost of living comparison
Iceland is 55.5% more expensive than United Arab Emirates.
If you lived in Iceland instead of United Arab Emirates, you would:
pay 2.7 times more for restaurants
|
United Arab Emirates
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.01
AED29.44
|
$19.40
ISK2,670
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.22
AED30.19
|
$16.94
ISK2,332
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.02
AED3.73
|
$2.81
ISK387
|
|
| Bottle of water (11 fl. oz) |
$0.57
AED2.09
|
$2.02
ISK278
|
|
pay 95.1% more for groceries
|
United Arab Emirates
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.26
AED4.64
|
$2.95
ISK407
|
|
| Local cheese (8 oz) |
$5.08
AED18.66
|
$7.27
ISK1,000
|
|
| Milk (1 gallon) |
$6.80
AED24.96
|
$6.01
ISK827
|
|
|
Eggs
1 dozen
|
$2.47
AED9.07
|
$5.42
ISK746
|
|
| Boneless chicken breast (1 lb) |
$3.33
AED12.21
|
$8.51
ISK1,171
|
|
| Apples (1 lb) |
$0.94
AED3.47
|
$1.22
ISK168
|
|
| Bananas (1 lb) |
$0.74
AED2.72
|
$1.03
ISK141
|
|
| Oranges (1 lb) |
$0.72
AED2.64
|
$1.17
ISK161
|
|
| Tomatoes (1 lb) |
$0.56
AED2.07
|
$1.87
ISK258
|
|
| Potatoes (1 lb) |
$0.45
AED1.64
|
$1.23
ISK170
|
|
| Onions (1 lb) |
$0.47
AED1.74
|
$0.78
ISK108
|
|
pay 94.3% more for transportation
|
United Arab Emirates
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.06
AED11.23
|
$8.36
ISK1,151
|
|
| Monthly public transit pass |
$48.60
AED178.50
|
$71.28
ISK9,812
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$42,240.06
AED155,143.53
|
$40,660.66
ISK5,596,940
|
|
| Taxi trip in downtown area (5 miles) |
$8.46
AED31.07
|
$22.04
ISK3,033
|
|
pay 2.3% more for housing
|
United Arab Emirates
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$95.75
AED351.69
|
$72.17
ISK9,935
|
|
| 1-Bedroom apartment in downtown area |
$1,395.59
AED5,125.85
|
$1,838.04
ISK253,006
|
|
| 1-Bedroom apartment outside city center |
$985.52
AED3,619.73
|
$1,497.77
ISK206,168
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$115.48
AED424.14
|
$58.01
ISK7,986
|
|
pay 37.9% less for childcare
|
United Arab Emirates
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$507.75
AED1,864.93
|
$258.16
ISK35,536
|
|
| Middle school for 1 child, two semesters |
$8,162.28
AED29,979.24
|
$5,993.99
ISK825,073
|
|
pay 10.5% more for entertainment and sports
|
United Arab Emirates
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$10.55
AED38.75
|
$9.19
ISK1,265
|
|
| Cappuccino in mid-range area |
$5.03
AED18.46
|
$4.65
ISK640
|
|
|
Pack of cigarettes
Marlboro or similar
|
$6.23
AED22.87
|
$11.76
ISK1,618
|
|
| Monthly membership at local gym |
$84.91
AED311.87
|
$61.46
ISK8,460
|
|
| Movie ticket to theater/cinema |
$12.83
AED47.12
|
$14.35
ISK1,975
|
|
pay 53.8% more for clothing
|
United Arab Emirates
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$64.14
AED235.59
|
$111.23
ISK15,311
|
|
|
Regular dress
from H&M or similar store
|
$64.91
AED238.42
|
$59.69
ISK8,216
|
|
|
Running shoes
Nike or Adidas
|
$93.31
AED342.71
|
$148.00
ISK20,372
|
|
| Men's business shoes (leather) |
$96.50
AED354.42
|
$184.49
ISK25,396
|
|
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