Cost of living comparison
Maldives is 36.0% cheaper than Iceland.
If you lived in Maldives instead of Iceland, you would:
pay 66.4% less for restaurants
Iceland
|
Maldives
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$19.51
ISK2,723
|
$5.50
MVR84.97
|
|
Fast food combo meal
McDonalds, or similar
|
$16.45
ISK2,295
|
$8.82
MVR136.20
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.70
ISK377
|
$0.97
MVR15.06
|
|
Bottle of water (11 fl. oz) |
$1.95
ISK273
|
$0.32
MVR5.01
|
|
pay 18.3% less for groceries
Iceland
|
Maldives
|
||
---|---|---|---|
Bread
1 loaf
|
$3.16
ISK440
|
$1.49
MVR23.05
|
|
Local cheese (8 oz) |
$6.72
ISK937
|
$4.49
MVR69.39
|
|
Milk (1 gallon) |
$6.27
ISK875
|
$6.87
MVR106.09
|
|
Eggs
1 dozen
|
$6.03
ISK841
|
$1.64
MVR25.28
|
|
Boneless chicken breast (1 lb) |
$7.60
ISK1,061
|
$2.09
MVR32.27
|
|
Apples (1 lb) |
$1.13
ISK157
|
$1.63
MVR25.26
|
|
Bananas (1 lb) |
$1.01
ISK141
|
$1.64
MVR25.28
|
|
Oranges (1 lb) |
$1.15
ISK161
|
$1.29
MVR19.92
|
|
Tomatoes (1 lb) |
$1.71
ISK239
|
$1.39
MVR21.49
|
|
Potatoes (1 lb) |
$1.13
ISK158
|
$0.48
MVR7.34
|
|
Onions (1 lb) |
$0.68
ISK95
|
$0.53
MVR8.23
|
|
pay 41.2% less for transportation
Iceland
|
Maldives
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.42
ISK1,175
|
$3.67
MVR56.65
|
|
Monthly public transit pass |
$68.29
ISK9,530
|
$21.35
MVR329.79
|
|
New Volkswagen Golf 1.4 (standard edition) |
$39,714.69
ISK5,541,788
|
$38,822.39
MVR599,805.95
|
|
Taxi trip in downtown area (5 miles) |
$23.23
ISK3,241
|
$14.56
MVR224.93
|
|
pay 4.7% less for housing
Iceland
|
Maldives
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$74.47
ISK10,392
|
$74.35
MVR1,148.63
|
|
1-Bedroom apartment in downtown area |
$1,518.94
ISK211,953
|
$1,114.18
MVR17,214.08
|
|
1-Bedroom apartment outside city center |
$1,325.48
ISK184,957
|
$815.78
MVR12,603.84
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$66.99
ISK9,348
|
$98.13
MVR1,516.18
|
|
pay 47.1% less for childcare
Iceland
|
Maldives
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$254.97
ISK35,578
|
$143.42
MVR2,215.82
|
|
Middle school for 1 child, two semesters |
$5,993.83
ISK836,378
|
$2,968.14
MVR45,857.74
|
|
pay 34.1% less for entertainment and sports
Iceland
|
Maldives
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$9.37
ISK1,308
|
$3.15
MVR48.73
|
|
Cappuccino in mid-range area |
$4.61
ISK644
|
$2.74
MVR42.35
|
|
Pack of cigarettes
Marlboro or similar
|
$11.22
ISK1,565
|
$7.12
MVR109.96
|
|
Monthly membership at local gym |
$60.00
ISK8,373
|
$68.75
MVR1,062.14
|
|
Movie ticket to theater/cinema |
$13.94
ISK1,945
|
$8.17
MVR126.21
|
|
pay 40.0% less for clothing
Iceland
|
Maldives
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$108.23
ISK15,103
|
$47.20
MVR729.19
|
|
Regular dress
from H&M or similar store
|
$59.73
ISK8,335
|
$45.15
MVR697.55
|
|
Running shoes
Nike or Adidas
|
$146.94
ISK20,504
|
$106.36
MVR1,643.19
|
|
Men's business shoes (leather) |
$169.24
ISK23,616
|
$82.23
MVR1,270.42
|
|
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