Cost of living comparison
Iceland is 2.3 times more expensive than Albania.
If you lived in Iceland instead of Albania, you would:
pay 2.4 times more for restaurants
Albania
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$7.46
ALL688
|
$19.51
ISK2,699
|
|
Fast food combo meal
McDonalds, or similar
|
$6.30
ALL581
|
$16.45
ISK2,275
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.58
ALL145
|
$2.70
ISK374
|
|
Bottle of water (11 fl. oz) |
$0.76
ALL70
|
$1.95
ISK270
|
|
pay 94.5% more for groceries
Albania
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$0.80
ALL74
|
$3.16
ISK436
|
|
Local cheese (8 oz) |
$4.90
ALL452
|
$6.72
ISK929
|
|
Milk (1 gallon) |
$6.95
ALL641
|
$6.27
ISK867
|
|
Eggs
1 dozen
|
$3.29
ALL303
|
$6.03
ISK834
|
|
Boneless chicken breast (1 lb) |
$3.21
ALL296
|
$7.60
ISK1,051
|
|
Apples (1 lb) |
$0.62
ALL57
|
$1.13
ISK156
|
|
Bananas (1 lb) |
$1.05
ALL97
|
$1.01
ISK140
|
|
Oranges (1 lb) |
$0.72
ALL66
|
$1.15
ISK160
|
|
Tomatoes (1 lb) |
$0.64
ALL59
|
$1.71
ISK237
|
|
Potatoes (1 lb) |
$0.46
ALL42
|
$1.13
ISK156
|
|
Onions (1 lb) |
$0.48
ALL44
|
$0.68
ISK94
|
|
pay 88.8% more for transportation
Albania
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$7.84
ALL722
|
$8.42
ISK1,164
|
|
Monthly public transit pass |
$15.59
ALL1,436
|
$68.29
ISK9,444
|
|
New Volkswagen Golf 1.4 (standard edition) |
$30,451.57
ALL2,806,055
|
$39,714.69
ISK5,492,145
|
|
Taxi trip in downtown area (5 miles) |
$29.40
ALL2,709
|
$23.23
ISK3,212
|
|
pay 3.9 times more for housing
Albania
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$15.91
ALL1,466
|
$74.47
ISK10,299
|
|
1-Bedroom apartment in downtown area |
$333.93
ALL30,771
|
$1,518.94
ISK210,054
|
|
1-Bedroom apartment outside city center |
$252.77
ALL23,292
|
$1,325.48
ISK183,300
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$66.76
ALL6,152
|
$66.99
ISK9,264
|
|
pay 88.5% more for childcare
Albania
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$144.51
ALL13,316
|
$254.97
ISK35,259
|
|
Middle school for 1 child, two semesters |
$2,989.15
ALL275,444
|
$5,993.83
ISK828,886
|
|
pay 2.7 times more for entertainment and sports
Albania
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$2.48
ALL229
|
$9.37
ISK1,296
|
|
Cappuccino in mid-range area |
$1.54
ALL142
|
$4.61
ISK638
|
|
Pack of cigarettes
Marlboro or similar
|
$3.54
ALL326
|
$11.22
ISK1,551
|
|
Monthly membership at local gym |
$36.41
ALL3,355
|
$60.00
ISK8,298
|
|
Movie ticket to theater/cinema |
$8.18
ALL754
|
$13.94
ISK1,928
|
|
pay 80.0% more for clothing
Albania
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$45.87
ALL4,227
|
$108.23
ISK14,967
|
|
Regular dress
from H&M or similar store
|
$44.92
ALL4,139
|
$59.73
ISK8,260
|
|
Running shoes
Nike or Adidas
|
$78.19
ALL7,205
|
$146.94
ISK20,320
|
|
Men's business shoes (leather) |
$103.69
ALL9,555
|
$169.24
ISK23,404
|
|
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