Cost of living comparison
Iceland is 2.6 times more expensive than Laos.
If you lived in Iceland instead of Laos, you would:
pay 4.1 times more for restaurants
Laos
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$2.73
LAK58,022
|
$17.84
ISK2,491
|
|
Fast food combo meal
McDonalds, or similar
|
$5.00
LAK106,350
|
$14.27
ISK1,992
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.82
LAK17,483
|
$2.32
ISK324
|
|
Bottle of water (11 fl. oz) |
$0.51
LAK10,903
|
$2.12
ISK296
|
|
pay 38.7% more for groceries
Laos
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$1.52
LAK32,248
|
$3.42
ISK478
|
|
Local cheese (8 oz) |
$5.94
LAK126,446
|
$5.98
ISK835
|
|
Milk (1 gallon) |
$9.92
LAK210,921
|
$5.33
ISK744
|
|
Eggs
1 dozen
|
$1.96
LAK41,748
|
$5.66
ISK790
|
|
Boneless chicken breast (1 lb) |
$1.94
LAK41,233
|
$7.09
ISK991
|
|
Apples (1 lb) |
$2.15
LAK45,628
|
$1.16
ISK162
|
|
Bananas (1 lb) |
$0.85
LAK18,065
|
$0.98
ISK137
|
|
Oranges (1 lb) |
$1.38
LAK29,282
|
$1.17
ISK164
|
|
Tomatoes (1 lb) |
$1.85
LAK39,357
|
$1.84
ISK256
|
|
Potatoes (1 lb) |
$1.10
LAK23,427
|
$0.96
ISK134
|
|
Onions (1 lb) |
$1.01
LAK21,533
|
$0.51
ISK71
|
|
pay 4.3 times more for transportation
Laos
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.46
LAK94,795
|
$8.03
ISK1,122
|
|
Monthly public transit pass |
$5.94
LAK126,446
|
$77.40
ISK10,808
|
|
New Volkswagen Golf 1.4 (standard edition) |
$59,448.31
LAK1,264,460,507
|
$29,836.83
ISK4,166,415
|
|
Taxi trip in downtown area (5 miles) |
$13.89
LAK295,432
|
$23.97
ISK3,347
|
|
pay 2.2 times more for housing
Laos
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$168.24
LAK3,578,413
|
$62.40
ISK8,714
|
|
1-Bedroom apartment in downtown area |
$553.97
LAK11,782,921
|
$1,437.14
ISK200,683
|
|
1-Bedroom apartment outside city center |
$228.82
LAK4,867,052
|
$1,215.63
ISK169,750
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$97.98
LAK2,083,982
|
$68.63
ISK9,583
|
|
pay 38.8% less for childcare
Laos
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly | ?? |
$259.34
ISK36,215
|
|
Middle school for 1 child, two semesters |
$4,490.81
LAK95,519,044
|
$2,750.10
ISK384,024
|
|
pay 3.8 times more for entertainment and sports
Laos
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.23
LAK26,103
|
$8.52
ISK1,190
|
|
Cappuccino in mid-range area |
$2.02
LAK42,870
|
$4.15
ISK580
|
|
Pack of cigarettes
Marlboro or similar
|
$1.84
LAK39,227
|
$10.64
ISK1,485
|
|
Monthly membership at local gym |
$34.22
LAK727,798
|
$56.90
ISK7,946
|
|
Movie ticket to theater/cinema |
$5.00
LAK106,350
|
$12.27
ISK1,714
|
|
pay 84.8% more for clothing
Laos
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$93.14
LAK1,980,985
|
$118.08
ISK16,488
|
|
Regular dress
from H&M or similar store
|
$50.63
LAK1,076,897
|
$50.39
ISK7,036
|
|
Running shoes
Nike or Adidas
|
$124.25
LAK2,642,720
|
$151.12
ISK21,102
|
|
Men's business shoes (leather) |
$44.78
LAK952,559
|
$175.20
ISK24,465
|
|
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