Cost of living comparison
Iceland is 3.3 times more expensive than Morocco.
If you lived in Iceland instead of Morocco, you would:
pay 5.1 times more for restaurants
Morocco
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$2.70
MAD27.02
|
$17.84
ISK2,489
|
|
Fast food combo meal
McDonalds, or similar
|
$5.19
MAD51.97
|
$14.27
ISK1,991
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.52
MAD5.24
|
$2.32
ISK323
|
|
Bottle of water (11 fl. oz) |
$0.33
MAD3.28
|
$2.12
ISK296
|
|
pay 3.6 times more for groceries
Morocco
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$0.45
MAD4.51
|
$3.42
ISK478
|
|
Local cheese (8 oz) |
$3.86
MAD38.68
|
$5.98
ISK835
|
|
Milk (1 gallon) |
$2.57
MAD25.74
|
$5.33
ISK743
|
|
Eggs
1 dozen
|
$1.31
MAD13.09
|
$5.66
ISK790
|
|
Boneless chicken breast (1 lb) |
$2.04
MAD20.40
|
$7.09
ISK990
|
|
Apples (1 lb) |
$0.53
MAD5.26
|
$1.16
ISK162
|
|
Bananas (1 lb) |
$0.46
MAD4.64
|
$0.98
ISK137
|
|
Oranges (1 lb) |
$0.27
MAD2.69
|
$1.17
ISK163
|
|
Tomatoes (1 lb) |
$0.29
MAD2.86
|
$1.84
ISK256
|
|
Potatoes (1 lb) |
$0.24
MAD2.42
|
$0.96
ISK134
|
|
Onions (1 lb) |
$0.26
MAD2.56
|
$0.51
ISK71
|
|
pay 3.1 times more for transportation
Morocco
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.78
MAD47.84
|
$8.03
ISK1,121
|
|
Monthly public transit pass |
$15.00
MAD150.20
|
$77.40
ISK10,800
|
|
New Volkswagen Golf 1.4 (standard edition) |
$23,301.72
MAD233,377.93
|
$29,836.83
ISK4,163,431
|
|
Taxi trip in downtown area (5 miles) |
$5.75
MAD57.61
|
$23.97
ISK3,344
|
|
pay 4.3 times more for housing
Morocco
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$34.35
MAD344.03
|
$62.40
ISK8,708
|
|
1-Bedroom apartment in downtown area |
$257.40
MAD2,577.94
|
$1,437.14
ISK200,539
|
|
1-Bedroom apartment outside city center |
$158.82
MAD1,590.62
|
$1,215.63
ISK169,628
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$31.71
MAD317.62
|
$68.63
ISK9,577
|
|
pay 70.6% more for childcare
Morocco
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$104.89
MAD1,050.51
|
$259.34
ISK36,189
|
|
Middle school for 1 child, two semesters |
$2,927.88
MAD29,324.09
|
$2,750.10
ISK383,749
|
|
pay 2.9 times more for entertainment and sports
Morocco
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$2.57
MAD25.73
|
$8.52
ISK1,189
|
|
Cappuccino in mid-range area |
$1.39
MAD13.93
|
$4.15
ISK579
|
|
Pack of cigarettes
Marlboro or similar
|
$3.54
MAD35.41
|
$10.64
ISK1,484
|
|
Monthly membership at local gym |
$21.74
MAD217.78
|
$56.90
ISK7,940
|
|
Movie ticket to theater/cinema |
$5.19
MAD51.94
|
$12.27
ISK1,713
|
|
pay 2.6 times more for clothing
Morocco
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$31.88
MAD319.30
|
$118.08
ISK16,476
|
|
Regular dress
from H&M or similar store
|
$34.77
MAD348.26
|
$50.39
ISK7,031
|
|
Running shoes
Nike or Adidas
|
$67.06
MAD671.67
|
$151.12
ISK21,087
|
|
Men's business shoes (leather) |
$56.79
MAD568.75
|
$175.20
ISK24,447
|
|
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