Cost of living comparison
Iceland is 15.9% more expensive than Barbados.
If you lived in Iceland instead of Barbados, you would:
pay 19.2% more for restaurants
|
Barbados
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$30.00
BBD60.00
|
$17.84
ISK2,489
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.41
BBD20.82
|
$14.27
ISK1,991
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.76
BBD3.51
|
$2.32
ISK323
|
|
| Bottle of water (11 fl. oz) |
$1.43
BBD2.86
|
$2.12
ISK296
|
|
pay 19.5% less for groceries
|
Barbados
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.61
BBD5.23
|
$3.42
ISK478
|
|
| Local cheese (8 oz) |
$7.69
BBD15.38
|
$5.98
ISK835
|
|
| Milk (1 gallon) |
$13.27
BBD26.54
|
$5.33
ISK743
|
|
|
Eggs
1 dozen
|
$5.07
BBD10.13
|
$5.66
ISK790
|
|
| Boneless chicken breast (1 lb) |
$5.36
BBD10.73
|
$7.09
ISK990
|
|
| Apples (1 lb) |
$1.74
BBD3.47
|
$1.16
ISK162
|
|
| Bananas (1 lb) |
$1.29
BBD2.58
|
$0.98
ISK137
|
|
| Oranges (1 lb) |
$1.73
BBD3.45
|
$1.17
ISK163
|
|
| Tomatoes (1 lb) |
$2.44
BBD4.88
|
$1.84
ISK256
|
|
| Potatoes (1 lb) |
$1.27
BBD2.55
|
$0.96
ISK134
|
|
| Onions (1 lb) |
$1.64
BBD3.27
|
$0.51
ISK71
|
|
pay 6.6% less for transportation
|
Barbados
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.94
BBD15.88
|
$8.03
ISK1,121
|
|
| Monthly public transit pass |
$55.50
BBD111.00
|
$77.40
ISK10,800
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$42,500.00
BBD85,000.00
|
$29,836.83
ISK4,163,431
|
|
| Taxi trip in downtown area (5 miles) |
$38.15
BBD76.30
|
$23.97
ISK3,344
|
|
pay 68.3% more for housing
|
Barbados
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$59.33
BBD118.67
|
$62.40
ISK8,708
|
|
| 1-Bedroom apartment in downtown area |
$630.61
BBD1,261.21
|
$1,437.14
ISK200,539
|
|
| 1-Bedroom apartment outside city center |
$447.78
BBD895.56
|
$1,215.63
ISK169,628
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$100.02
BBD200.04
|
$68.63
ISK9,577
|
|
pay 30.8% less for childcare
|
Barbados
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$313.33
BBD626.67
|
$259.34
ISK36,189
|
|
| Middle school for 1 child, two semesters |
$4,944.44
BBD9,888.89
|
$2,750.10
ISK383,749
|
|
pay 45.0% more for entertainment and sports
|
Barbados
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.63
BBD5.26
|
$8.52
ISK1,189
|
|
| Cappuccino in mid-range area |
$4.50
BBD9.00
|
$4.15
ISK579
|
|
|
Pack of cigarettes
Marlboro or similar
|
$8.98
BBD17.96
|
$10.64
ISK1,484
|
|
| Monthly membership at local gym |
$82.23
BBD164.46
|
$56.90
ISK7,940
|
|
| Movie ticket to theater/cinema |
$10.12
BBD20.25
|
$12.27
ISK1,713
|
|
pay 35.7% more for clothing
|
Barbados
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$67.75
BBD135.50
|
$118.08
ISK16,476
|
|
|
Regular dress
from H&M or similar store
|
$57.00
BBD114.00
|
$50.39
ISK7,031
|
|
|
Running shoes
Nike or Adidas
|
$142.01
BBD284.03
|
$151.12
ISK21,087
|
|
| Men's business shoes (leather) |
$100.83
BBD201.67
|
$175.20
ISK24,447
|
|
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