Cost of living comparison
Malawi is 40.7% cheaper than Iceland.
If you lived in Malawi instead of Iceland, you would:
pay 67.0% less for restaurants
Iceland
|
Malawi
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$19.51
ISK2,678
|
$4.34
MWK7,525.65
|
|
Fast food combo meal
McDonalds, or similar
|
$16.45
ISK2,257
|
$9.11
MWK15,791.13
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.70
ISK371
|
$0.87
MWK1,517.02
|
|
Bottle of water (11 fl. oz) |
$1.95
ISK268
|
$0.43
MWK753.82
|
|
pay 36.1% less for groceries
Iceland
|
Malawi
|
||
---|---|---|---|
Bread
1 loaf
|
$3.16
ISK433
|
$1.37
MWK2,374.69
|
|
Local cheese (8 oz) |
$6.72
ISK922
|
$4.82
MWK8,367.07
|
|
Milk (1 gallon) |
$6.27
ISK861
|
$4.53
MWK7,850.19
|
|
Eggs
1 dozen
|
$6.03
ISK828
|
$2.31
MWK4,009.30
|
|
Boneless chicken breast (1 lb) |
$7.60
ISK1,043
|
$1.93
MWK3,354.74
|
|
Apples (1 lb) |
$1.13
ISK155
|
$1.04
MWK1,800.52
|
|
Bananas (1 lb) |
$1.01
ISK138
|
$0.81
MWK1,410.24
|
|
Oranges (1 lb) |
$1.15
ISK158
|
$1.13
MWK1,953.36
|
|
Tomatoes (1 lb) |
$1.71
ISK235
|
$0.53
MWK917.07
|
|
Potatoes (1 lb) |
$1.13
ISK155
|
$0.72
MWK1,251.70
|
|
Onions (1 lb) |
$0.68
ISK94
|
$0.59
MWK1,020.38
|
|
pay 35.3% less for transportation
Iceland
|
Malawi
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.42
ISK1,156
|
$6.21
MWK10,766.86
|
|
Monthly public transit pass |
$68.29
ISK9,373
|
$4.32
MWK7,494.97
|
|
New Volkswagen Golf 1.4 (standard edition) |
$39,714.69
ISK5,450,444
|
$35,910.51
MWK62,274,792.88
|
|
Taxi trip in downtown area (5 miles) |
$23.23
ISK3,188
|
$20.54
MWK35,620.44
|
|
pay 16.5% less for housing
Iceland
|
Malawi
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$74.47
ISK10,221
|
$187.17
MWK324,589.39
|
|
1-Bedroom apartment in downtown area |
$1,518.94
ISK208,459
|
$203.55
MWK352,996.39
|
|
1-Bedroom apartment outside city center |
$1,325.48
ISK181,909
|
$99.20
MWK172,033.46
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$66.99
ISK9,194
|
$41.38
MWK71,767.04
|
|
pay 16.8% less for childcare
Iceland
|
Malawi
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$254.97
ISK34,992
|
$361.94
MWK627,664.56
|
|
Middle school for 1 child, two semesters |
$5,993.83
ISK822,593
|
$1,469.79
MWK2,548,865.24
|
|
pay 59.3% less for entertainment and sports
Iceland
|
Malawi
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$9.37
ISK1,287
|
$1.12
MWK1,948.08
|
|
Cappuccino in mid-range area |
$4.61
ISK633
|
$2.92
MWK5,066.85
|
|
Pack of cigarettes
Marlboro or similar
|
$11.22
ISK1,539
|
$1.59
MWK2,751.32
|
|
Monthly membership at local gym |
$60.00
ISK8,235
|
$51.53
MWK89,364.05
|
|
Movie ticket to theater/cinema |
$13.94
ISK1,913
|
$3.95
MWK6,850.93
|
|
pay 54.1% less for clothing
Iceland
|
Malawi
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$108.23
ISK14,854
|
$45.53
MWK78,956.59
|
|
Regular dress
from H&M or similar store
|
$59.73
ISK8,198
|
$35.18
MWK61,006.97
|
|
Running shoes
Nike or Adidas
|
$146.94
ISK20,166
|
$59.57
MWK103,307.51
|
|
Men's business shoes (leather) |
$169.24
ISK23,226
|
$71.18
MWK123,444.08
|
|
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