Cost of living comparison
Iceland is 19.1% cheaper than George Town.
If you lived in Iceland instead of George Town, you would:
pay 6.2% less for restaurants
George Town
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$18.00
KYD14.98
|
$17.84
ISK2,489
|
|
Fast food combo meal
McDonalds, or similar
|
$12.00
KYD9.99
|
$14.27
ISK1,991
|
|
Bottle of Coca-Cola (11 fl. oz) |
$3.22
KYD2.68
|
$2.32
ISK323
|
|
Bottle of water (11 fl. oz) |
$2.49
KYD2.07
|
$2.12
ISK296
|
|
pay 33.8% less for groceries
George Town
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$4.74
KYD3.94
|
$3.42
ISK478
|
|
Local cheese (8 oz) |
$5.32
KYD4.43
|
$5.98
ISK835
|
|
Milk (1 gallon) |
$17.47
KYD14.55
|
$5.33
ISK743
|
|
Eggs
1 dozen
|
$6.81
KYD5.67
|
$5.66
ISK790
|
|
Boneless chicken breast (1 lb) |
$4.57
KYD3.80
|
$7.09
ISK990
|
|
Apples (1 lb) |
$3.42
KYD2.85
|
$1.16
ISK162
|
|
Bananas (1 lb) |
$1.39
KYD1.16
|
$0.98
ISK137
|
|
Oranges (1 lb) |
$2.71
KYD2.26
|
$1.17
ISK163
|
|
Tomatoes (1 lb) |
$3.00
KYD2.50
|
$1.84
ISK256
|
|
Potatoes (1 lb) |
$2.60
KYD2.17
|
$0.96
ISK134
|
|
Onions (1 lb) |
$1.79
KYD1.49
|
$0.51
ISK71
|
|
pay 54.2% more for transportation
George Town
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$6.60
KYD5.50
|
$8.03
ISK1,121
|
|
Monthly public transit pass |
$30.00
KYD24.97
|
$77.40
ISK10,800
|
|
New Volkswagen Golf 1.4 (standard edition) |
$35,995.22
KYD29,967.93
|
$29,836.83
ISK4,163,431
|
|
Taxi trip in downtown area (5 miles) | ?? |
$23.97
ISK3,344
|
|
pay 53.3% less for housing
George Town
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$131.85
KYD109.77
|
$62.40
ISK8,708
|
|
1-Bedroom apartment in downtown area |
$2,699.64
KYD2,247.59
|
$1,437.14
ISK200,539
|
|
1-Bedroom apartment outside city center |
$1,899.75
KYD1,581.64
|
$1,215.63
ISK169,628
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$308.06
KYD256.48
|
$68.63
ISK9,577
|
|
pay 78.8% less for childcare
George Town
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$929.88
KYD774.17
|
$259.34
ISK36,189
|
|
Middle school for 1 child, two semesters |
$19,137.46
KYD15,932.95
|
$2,750.10
ISK383,749
|
|
pay 11.6% less for entertainment and sports
George Town
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$6.60
KYD5.49
|
$8.52
ISK1,189
|
|
Cappuccino in mid-range area |
$5.85
KYD4.87
|
$4.15
ISK579
|
|
Pack of cigarettes
Marlboro or similar
|
$12.00
KYD9.99
|
$10.64
ISK1,484
|
|
Monthly membership at local gym |
$66.79
KYD55.61
|
$56.90
ISK7,940
|
|
Movie ticket to theater/cinema |
$18.00
KYD14.98
|
$12.27
ISK1,713
|
|
pay 4.1% less for clothing
George Town
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$83.99
KYD69.93
|
$118.08
ISK16,476
|
|
Regular dress
from H&M or similar store
|
$106.49
KYD88.66
|
$50.39
ISK7,031
|
|
Running shoes
Nike or Adidas
|
$181.18
KYD150.84
|
$151.12
ISK21,087
|
|
Men's business shoes (leather) |
$155.98
KYD129.86
|
$175.20
ISK24,447
|
|
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