Cost of living comparison
Iceland is 61.1% more expensive than Lebanon.
If you lived in Iceland instead of Lebanon, you would:
pay 88.6% more for restaurants
Lebanon
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$10.17
LBP909,643
|
$17.84
ISK2,489
|
|
Fast food combo meal
McDonalds, or similar
|
$7.59
LBP679,464
|
$14.27
ISK1,991
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.26
LBP201,782
|
$2.32
ISK323
|
|
Bottle of water (11 fl. oz) |
$0.74
LBP65,918
|
$2.12
ISK296
|
|
pay 2.1 times more for groceries
Lebanon
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$0.68
LBP60,501
|
$3.42
ISK478
|
|
Local cheese (8 oz) |
$5.59
LBP499,999
|
$5.98
ISK835
|
|
Milk (1 gallon) |
$12.36
LBP1,105,800
|
$5.33
ISK743
|
|
Eggs
1 dozen
|
$2.31
LBP206,494
|
$5.66
ISK790
|
|
Boneless chicken breast (1 lb) |
$2.64
LBP236,098
|
$7.09
ISK990
|
|
Apples (1 lb) |
$0.91
LBP81,491
|
$1.16
ISK162
|
|
Bananas (1 lb) |
$0.56
LBP50,366
|
$0.98
ISK137
|
|
Oranges (1 lb) |
$0.54
LBP48,482
|
$1.17
ISK163
|
|
Tomatoes (1 lb) |
$0.62
LBP55,802
|
$1.84
ISK256
|
|
Potatoes (1 lb) |
$0.53
LBP47,832
|
$0.96
ISK134
|
|
Onions (1 lb) |
$0.45
LBP40,184
|
$0.51
ISK71
|
|
pay 54.4% more for transportation
Lebanon
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$3.67
LBP328,050
|
$8.03
ISK1,121
|
|
Monthly public transit pass |
$63.04
LBP5,640,926
|
$77.40
ISK10,800
|
|
New Volkswagen Golf 1.4 (standard edition) |
$22,250.00
LBP1,990,857,921
|
$29,836.83
ISK4,163,431
|
|
Taxi trip in downtown area (5 miles) |
$16.90
LBP1,512,157
|
$23.97
ISK3,344
|
|
pay 72.0% more for housing
Lebanon
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$58.28
LBP5,215,045
|
$62.40
ISK8,708
|
|
1-Bedroom apartment in downtown area |
$712.20
LBP63,725,562
|
$1,437.14
ISK200,539
|
|
1-Bedroom apartment outside city center |
$371.45
LBP33,235,915
|
$1,215.63
ISK169,628
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$131.87
LBP11,799,027
|
$68.63
ISK9,577
|
|
pay 29.6% less for childcare
Lebanon
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$320.83
LBP28,707,127
|
$259.34
ISK36,189
|
|
Middle school for 1 child, two semesters |
$4,591.35
LBP410,818,780
|
$2,750.10
ISK383,749
|
|
pay 2.0 times more for entertainment and sports
Lebanon
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$2.62
LBP234,876
|
$8.52
ISK1,189
|
|
Cappuccino in mid-range area |
$2.92
LBP261,242
|
$4.15
ISK579
|
|
Pack of cigarettes
Marlboro or similar
|
$3.40
LBP303,812
|
$10.64
ISK1,484
|
|
Monthly membership at local gym |
$64.53
LBP5,773,788
|
$56.90
ISK7,940
|
|
Movie ticket to theater/cinema |
$9.00
LBP805,291
|
$12.27
ISK1,713
|
|
pay 34.2% more for clothing
Lebanon
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$64.46
LBP5,767,523
|
$118.08
ISK16,476
|
|
Regular dress
from H&M or similar store
|
$53.75
LBP4,809,376
|
$50.39
ISK7,031
|
|
Running shoes
Nike or Adidas
|
$121.82
LBP10,900,320
|
$151.12
ISK21,087
|
|
Men's business shoes (leather) |
$128.96
LBP11,538,774
|
$175.20
ISK24,447
|
|
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