Iceland is 29.1% more expensive than Douglas.

If you lived in Iceland instead of Douglas, you would:

Display currency: USD

pay 27.8% more for restaurants

 
Douglas
Iceland
Basic meal with drink at inexpensive restaurant $23.96
£18.83
$19.51
ISK2,705
Fast food combo meal
McDonalds, or similar
$8.64
£6.79
$16.45
ISK2,280
Bottle of Coca-Cola (11 fl. oz) $2.15
£1.69
$2.70
ISK375

Improve prices ·

pay 57.1% more for groceries

 
Douglas
Iceland
Bread
1 loaf
$1.66
£1.31
$3.16
ISK437
Local cheese (8 oz) $3.06
£2.41
$6.72
ISK931
Milk (1 gallon) $5.87
£4.61
$6.27
ISK869

Improve prices ·

pay 36.2% more for transportation

 
Douglas
Iceland
Gasoline (1 gallon) $7.63
£6.00
$8.42
ISK1,167
Monthly public transit pass $40.36
£31.71
$68.29
ISK9,466
New Volkswagen Golf 1.4 (standard edition) $31,530.42
£24,772.48
$39,714.69
ISK5,504,456

Improve prices ·

pay 12.5% more for housing

 
Douglas
Iceland
Internet connection
50 mbps or faster, cable/dsl
$60.75
£47.73
$74.47
ISK10,322
1-Bedroom apartment in downtown area $1,127.21
£885.62
$1,518.94
ISK210,525
1-Bedroom apartment outside city center $938.03
£736.98
$1,325.48
ISK183,711

Improve prices ·

pay 70.8% less for childcare

 
Douglas
Iceland
Private preschool for 1 child, monthly $1,008.97
£792.72
$254.97
ISK35,338
Middle school for 1 child, two semesters $18,077.44
£14,202.89
$5,993.83
ISK830,744

Improve prices ·

pay 28.0% more for entertainment and sports

 
Douglas
Iceland
Domestic/local beer (1 pint) $4.79
£3.77
$9.37
ISK1,299
Cappuccino in mid-range area $4.18
£3.28
$4.61
ISK639
Pack of cigarettes
Marlboro or similar
$15.13
£11.89
$11.22
ISK1,555

Improve prices ·

pay 2.1 times more for clothing

 
Douglas
Iceland
Regular jeans
Levi's brand
$52.97
£41.62
$108.23
ISK15,001
Regular dress
from H&M or similar store
$34.05
£26.75
$59.73
ISK8,279
Running shoes
Nike or Adidas
$64.95
£51.03
$146.94
ISK20,366

Improve prices ·
The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: June 2024
Share this

ASK THE ELSEWHERE COMMUNITY

Join the Elsewhere community and ask a question about Iceland or Douglas. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.

Compare countries by overall cost of living

See the cost of living in Isle of Man vs. Iceland. This provides a comparison of the average cost of living from cities within Isle of Man and Iceland.

Help us improve these prices

MyLifeElsewhere is a collaborative project. Please enter price information for your location to help assist us in making these comparisons more accurate. Learn more