Cost of living comparison
Iceland is 34.9% more expensive than Malta.
If you lived in Iceland instead of Malta, you would:
pay 31.5% more for restaurants
Malta
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$15.74
€14.60
|
$17.84
ISK2,489
|
|
Fast food combo meal
McDonalds, or similar
|
$9.42
€8.74
|
$14.27
ISK1,991
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.09
€1.94
|
$2.32
ISK323
|
|
Bottle of water (11 fl. oz) |
$1.41
€1.31
|
$2.12
ISK296
|
|
pay 43.8% more for groceries
Malta
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$1.18
€1.10
|
$3.42
ISK478
|
|
Local cheese (8 oz) |
$5.02
€4.66
|
$5.98
ISK835
|
|
Milk (1 gallon) |
$4.22
€3.92
|
$5.33
ISK743
|
|
Eggs
1 dozen
|
$2.62
€2.43
|
$5.66
ISK790
|
|
Boneless chicken breast (1 lb) |
$3.54
€3.28
|
$7.09
ISK990
|
|
Apples (1 lb) |
$1.19
€1.11
|
$1.16
ISK162
|
|
Bananas (1 lb) |
$0.93
€0.86
|
$0.98
ISK137
|
|
Oranges (1 lb) |
$1.07
€1.00
|
$1.17
ISK163
|
|
Tomatoes (1 lb) |
$1.29
€1.19
|
$1.84
ISK256
|
|
Potatoes (1 lb) |
$0.81
€0.75
|
$0.96
ISK134
|
|
Onions (1 lb) |
$0.91
€0.84
|
$0.51
ISK71
|
|
pay 59.9% more for transportation
Malta
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$5.70
€5.29
|
$8.03
ISK1,121
|
|
Monthly public transit pass |
$29.21
€27.10
|
$77.40
ISK10,800
|
|
New Volkswagen Golf 1.4 (standard edition) |
$24,036.28
€22,299.66
|
$29,836.83
ISK4,163,431
|
|
Taxi trip in downtown area (5 miles) |
$21.88
€20.30
|
$23.97
ISK3,344
|
|
pay 46.2% more for housing
Malta
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$35.69
€33.11
|
$62.40
ISK8,708
|
|
1-Bedroom apartment in downtown area |
$914.55
€848.47
|
$1,437.14
ISK200,539
|
|
1-Bedroom apartment outside city center |
$729.88
€677.15
|
$1,215.63
ISK169,628
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$79.58
€73.83
|
$68.63
ISK9,577
|
|
pay 50.6% less for childcare
Malta
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$395.67
€367.08
|
$259.34
ISK36,189
|
|
Middle school for 1 child, two semesters |
$8,258.81
€7,662.11
|
$2,750.10
ISK383,749
|
|
pay 64.6% more for entertainment and sports
Malta
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$3.10
€2.87
|
$8.52
ISK1,189
|
|
Cappuccino in mid-range area |
$2.48
€2.30
|
$4.15
ISK579
|
|
Pack of cigarettes
Marlboro or similar
|
$6.18
€5.74
|
$10.64
ISK1,484
|
|
Monthly membership at local gym |
$64.27
€59.63
|
$56.90
ISK7,940
|
|
Movie ticket to theater/cinema |
$10.29
€9.55
|
$12.27
ISK1,713
|
|
pay 49.1% more for clothing
Malta
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$82.26
€76.32
|
$118.08
ISK16,476
|
|
Regular dress
from H&M or similar store
|
$40.09
€37.20
|
$50.39
ISK7,031
|
|
Running shoes
Nike or Adidas
|
$86.90
€80.62
|
$151.12
ISK21,087
|
|
Men's business shoes (leather) |
$114.30
€106.04
|
$175.20
ISK24,447
|
|
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