Cost of living comparison
Iceland is 11.3% cheaper than Jersey.
If you lived in Iceland instead of Jersey, you would:
pay 3.2% more for restaurants
Jersey
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$49.68
£39.60
|
$17.84
ISK2,491
|
|
Fast food combo meal
McDonalds, or similar
|
$8.69
£6.93
|
$14.27
ISK1,992
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.54
£2.02
|
$2.32
ISK324
|
|
Bottle of water (11 fl. oz) |
$1.74
£1.39
|
$2.12
ISK296
|
|
pay 5.8% more for groceries
Jersey
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$2.12
£1.69
|
$3.42
ISK478
|
|
Local cheese (8 oz) |
$4.40
£3.50
|
$5.98
ISK835
|
|
Milk (1 gallon) |
$6.78
£5.40
|
$5.33
ISK744
|
|
Eggs
1 dozen
|
$4.61
£3.67
|
$5.66
ISK790
|
|
Boneless chicken breast (1 lb) |
$4.27
£3.41
|
$7.09
ISK991
|
|
Apples (1 lb) |
$1.63
£1.30
|
$1.16
ISK162
|
|
Bananas (1 lb) |
$1.13
£0.90
|
$0.98
ISK137
|
|
Oranges (1 lb) |
$2.05
£1.64
|
$1.17
ISK164
|
|
Tomatoes (1 lb) |
$1.61
£1.28
|
$1.84
ISK256
|
|
Potatoes (1 lb) |
$0.95
£0.76
|
$0.96
ISK134
|
|
Onions (1 lb) |
$0.75
£0.59
|
$0.51
ISK71
|
|
pay 2.0% more for transportation
Jersey
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$6.86
£5.47
|
$8.03
ISK1,122
|
|
Monthly public transit pass |
$64.59
£51.47
|
$77.40
ISK10,808
|
|
New Volkswagen Golf 1.4 (standard edition) |
$28,940.94
£23,064.19
|
$29,836.83
ISK4,166,415
|
|
Taxi trip in downtown area (5 miles) |
$35.31
£28.14
|
$23.97
ISK3,347
|
|
pay 23.3% less for housing
Jersey
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$59.54
£47.45
|
$62.40
ISK8,714
|
|
1-Bedroom apartment in downtown area |
$1,792.17
£1,428.25
|
$1,437.14
ISK200,683
|
|
1-Bedroom apartment outside city center |
$1,632.47
£1,300.98
|
$1,215.63
ISK169,750
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$145.06
£115.60
|
$68.63
ISK9,583
|
|
pay 85.9% less for childcare
Jersey
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$1,971.83
£1,571.43
|
$259.34
ISK36,215
|
|
Middle school for 1 child, two semesters |
$18,449.33
£14,703.01
|
$2,750.10
ISK384,024
|
|
pay 10.4% less for entertainment and sports
Jersey
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$7.14
£5.69
|
$8.52
ISK1,190
|
|
Cappuccino in mid-range area |
$4.35
£3.46
|
$4.15
ISK580
|
|
Pack of cigarettes
Marlboro or similar
|
$12.82
£10.22
|
$10.64
ISK1,485
|
|
Monthly membership at local gym |
$76.60
£61.04
|
$56.90
ISK7,946
|
|
Movie ticket to theater/cinema |
$16.15
£12.87
|
$12.27
ISK1,714
|
|
pay 29.8% more for clothing
Jersey
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$95.82
£76.36
|
$118.08
ISK16,488
|
|
Regular dress
from H&M or similar store
|
$51.82
£41.30
|
$50.39
ISK7,036
|
|
Running shoes
Nike or Adidas
|
$102.17
£81.42
|
$151.12
ISK21,102
|
|
Men's business shoes (leather) |
$116.23
£92.62
|
$175.20
ISK24,465
|
|
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