Cost of living comparison
Iceland is 2.4 times more expensive than Cuba.
If you lived in Iceland instead of Cuba, you would:
pay 73.0% more for restaurants
Cuba
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$7.75
CUC7.75
|
$17.84
ISK2,504
|
|
Fast food combo meal
McDonalds, or similar
|
$6.00
CUC6.00
|
$14.27
ISK2,003
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.39
CUC2.39
|
$2.32
ISK325
|
|
Bottle of water (11 fl. oz) |
$1.67
CUC1.67
|
$2.12
ISK298
|
|
pay 85.8% more for groceries
Cuba
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$1.13
CUC1.13
|
$3.42
ISK481
|
|
Local cheese (8 oz) |
$3.46
CUC3.46
|
$5.98
ISK840
|
|
Milk (1 gallon) |
$13.70
CUC13.70
|
$5.33
ISK748
|
|
Eggs
1 dozen
|
$2.07
CUC2.07
|
$5.66
ISK794
|
|
Boneless chicken breast (1 lb) |
$2.88
CUC2.88
|
$7.09
ISK996
|
|
Apples (1 lb) |
$3.77
CUC3.77
|
$1.16
ISK163
|
|
Bananas (1 lb) |
$0.37
CUC0.37
|
$0.98
ISK138
|
|
Oranges (1 lb) |
$0.53
CUC0.53
|
$1.17
ISK164
|
|
Tomatoes (1 lb) |
$0.63
CUC0.63
|
$1.84
ISK258
|
|
Potatoes (1 lb) |
$0.66
CUC0.66
|
$0.96
ISK134
|
|
Onions (1 lb) |
$1.00
CUC1.00
|
$0.51
ISK72
|
|
pay 2.4 times more for transportation
Cuba
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.46
CUC4.46
|
$8.03
ISK1,128
|
|
Monthly public transit pass |
$22.50
CUC22.50
|
$77.40
ISK10,866
|
|
New Volkswagen Golf 1.4 (standard edition) |
$80,000.00
CUC80,000.00
|
$29,836.83
ISK4,189,091
|
|
Taxi trip in downtown area (5 miles) |
$6.10
CUC6.10
|
$23.97
ISK3,365
|
|
pay 2.6 times more for housing
Cuba
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$165.00
CUC165.00
|
$62.40
ISK8,761
|
|
1-Bedroom apartment in downtown area |
$596.67
CUC596.67
|
$1,437.14
ISK201,775
|
|
1-Bedroom apartment outside city center |
$222.50
CUC222.50
|
$1,215.63
ISK170,674
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$30.59
CUC30.59
|
$68.63
ISK9,636
|
|
pay 58.6% more for childcare
Cuba
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$86.67
CUC86.67
|
$259.34
ISK36,412
|
|
Middle school for 1 child, two semesters |
$15,166.67
CUC15,166.67
|
$2,750.10
ISK386,114
|
|
pay 4.3 times more for entertainment and sports
Cuba
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$3.25
CUC3.25
|
$8.52
ISK1,196
|
|
Cappuccino in mid-range area |
$2.03
CUC2.03
|
$4.15
ISK583
|
|
Pack of cigarettes
Marlboro or similar
|
$4.25
CUC4.25
|
$10.64
ISK1,493
|
|
Monthly membership at local gym |
$16.67
CUC16.67
|
$56.90
ISK7,989
|
|
Movie ticket to theater/cinema |
$1.12
CUC1.12
|
$12.27
ISK1,723
|
|
pay 2.1 times more for clothing
Cuba
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$47.75
CUC47.75
|
$118.08
ISK16,578
|
|
Regular dress
from H&M or similar store
|
$42.17
CUC42.17
|
$50.39
ISK7,075
|
|
Running shoes
Nike or Adidas
|
$69.58
CUC69.58
|
$151.12
ISK21,217
|
|
Men's business shoes (leather) |
$64.00
CUC64.00
|
$175.20
ISK24,598
|
|
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