Cost of living comparison
Iceland is 13.0% cheaper than Canberra.
If you lived in Iceland instead of Canberra, you would:
pay 1.3% less for restaurants
Canberra
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$26.69
A$40.41
|
$17.84
ISK2,491
|
|
Fast food combo meal
McDonalds, or similar
|
$10.01
A$15.15
|
$14.27
ISK1,992
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.70
A$4.09
|
$2.32
ISK324
|
|
Bottle of water (11 fl. oz) |
$2.13
A$3.22
|
$2.12
ISK296
|
|
pay 0.6% more for groceries
Canberra
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$2.29
A$3.47
|
$3.42
ISK478
|
|
Local cheese (8 oz) |
$6.42
A$9.72
|
$5.98
ISK835
|
|
Milk (1 gallon) |
$6.48
A$9.82
|
$5.33
ISK744
|
|
Eggs
1 dozen
|
$4.10
A$6.21
|
$5.66
ISK790
|
|
Boneless chicken breast (1 lb) |
$3.63
A$5.49
|
$7.09
ISK991
|
|
Apples (1 lb) |
$1.47
A$2.22
|
$1.16
ISK162
|
|
Bananas (1 lb) |
$1.13
A$1.71
|
$0.98
ISK137
|
|
Oranges (1 lb) |
$1.60
A$2.42
|
$1.17
ISK164
|
|
Tomatoes (1 lb) |
$2.47
A$3.74
|
$1.84
ISK256
|
|
Potatoes (1 lb) |
$1.17
A$1.77
|
$0.96
ISK134
|
|
Onions (1 lb) |
$0.96
A$1.46
|
$0.51
ISK71
|
|
pay 31.0% more for transportation
Canberra
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$5.45
A$8.26
|
$8.03
ISK1,122
|
|
Monthly public transit pass |
$100.08
A$151.52
|
$77.40
ISK10,808
|
|
New Volkswagen Golf 1.4 (standard edition) |
$20,016.00
A$30,304.32
|
$29,836.83
ISK4,166,415
|
|
Taxi trip in downtown area (5 miles) |
$15.93
A$24.12
|
$23.97
ISK3,347
|
|
pay 27.9% less for housing
Canberra
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$68.64
A$103.91
|
$62.40
ISK8,714
|
|
1-Bedroom apartment in downtown area |
$1,824.70
A$2,762.61
|
$1,437.14
ISK200,683
|
|
1-Bedroom apartment outside city center |
$1,494.78
A$2,263.11
|
$1,215.63
ISK169,750
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$183.28
A$277.49
|
$68.63
ISK9,583
|
|
pay 82.7% less for childcare
Canberra
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$1,686.35
A$2,553.14
|
$259.34
ISK36,215
|
|
Middle school for 1 child, two semesters |
$14,216.13
A$21,523.28
|
$2,750.10
ISK384,024
|
|
pay 11.4% less for entertainment and sports
Canberra
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$8.01
A$12.12
|
$8.52
ISK1,190
|
|
Cappuccino in mid-range area |
$3.74
A$5.66
|
$4.15
ISK580
|
|
Pack of cigarettes
Marlboro or similar
|
$23.35
A$35.36
|
$10.64
ISK1,485
|
|
Monthly membership at local gym |
$64.70
A$97.95
|
$56.90
ISK7,946
|
|
Movie ticket to theater/cinema |
$13.34
A$20.20
|
$12.27
ISK1,714
|
|
pay 0.9% more for clothing
Canberra
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$93.52
A$141.60
|
$118.08
ISK16,488
|
|
Regular dress
from H&M or similar store
|
$72.72
A$110.11
|
$50.39
ISK7,036
|
|
Running shoes
Nike or Adidas
|
$134.62
A$203.81
|
$151.12
ISK21,102
|
|
Men's business shoes (leather) |
$183.19
A$277.35
|
$175.20
ISK24,465
|
|
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