Cost of living comparison
Iceland is 1.2% cheaper than Nuuk.
If you lived in Iceland instead of Nuuk, you would:
pay 15.4% less for restaurants
|
Nuuk
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$17.57
DKK122.38
|
$17.84
ISK2,504
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.22
DKK112.98
|
$14.27
ISK2,003
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.50
DKK24.39
|
$2.32
ISK325
|
|
| Bottle of water (11 fl. oz) |
$2.56
DKK17.86
|
$2.12
ISK298
|
|
pay 22.5% less for groceries
|
Nuuk
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.22
DKK22.44
|
$3.42
ISK481
|
|
| Local cheese (8 oz) |
$16.84
DKK117.28
|
$5.98
ISK840
|
|
| Milk (1 gallon) |
$6.82
DKK47.49
|
$5.33
ISK748
|
|
|
Eggs
1 dozen
|
$3.59
DKK24.99
|
$5.66
ISK794
|
|
| Boneless chicken breast (1 lb) |
$6.31
DKK43.95
|
$7.09
ISK996
|
|
| Apples (1 lb) |
$1.83
DKK12.72
|
$1.16
ISK163
|
|
| Bananas (1 lb) |
$2.06
DKK14.34
|
$0.98
ISK138
|
|
| Oranges (1 lb) |
$1.66
DKK11.57
|
$1.17
ISK164
|
|
| Tomatoes (1 lb) |
$2.32
DKK16.19
|
$1.84
ISK258
|
|
| Potatoes (1 lb) |
$1.53
DKK10.64
|
$0.96
ISK134
|
|
| Onions (1 lb) |
$1.33
DKK9.25
|
$0.51
ISK72
|
|
pay 22.7% more for transportation
|
Nuuk
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.05
DKK21.23
|
$8.03
ISK1,128
|
|
| Monthly public transit pass |
$81.40
DKK567.05
|
$77.40
ISK10,866
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$35,062.81
DKK244,258.58
|
$29,836.83
ISK4,189,091
|
|
| Taxi trip in downtown area (5 miles) |
$50.95
DKK354.91
|
$23.97
ISK3,365
|
|
pay 4.6% less for housing
|
Nuuk
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$219.60
DKK1,529.80
|
$62.40
ISK8,761
|
|
| 1-Bedroom apartment in downtown area |
$1,024.80
DKK7,139.08
|
$1,437.14
ISK201,775
|
|
| 1-Bedroom apartment outside city center |
$706.16
DKK4,919.33
|
$1,215.63
ISK170,674
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$167.93
DKK1,169.85
|
$68.63
ISK9,636
|
|
pay (unknown) more for childcare
|
Nuuk
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly | ?? |
$259.34
ISK36,412
|
|
| Middle school for 1 child, two semesters | ?? |
$2,750.10
ISK386,114
|
pay 3.6% less for entertainment and sports
|
Nuuk
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.15
DKK63.74
|
$8.52
ISK1,196
|
|
| Cappuccino in mid-range area |
$6.82
DKK47.50
|
$4.15
ISK583
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.42
DKK79.55
|
$10.64
ISK1,493
|
|
| Monthly membership at local gym |
$40.19
DKK279.95
|
$56.90
ISK7,989
|
|
| Movie ticket to theater/cinema |
$13.18
DKK91.79
|
$12.27
ISK1,723
|
|
pay 16.4% more for clothing
|
Nuuk
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$102.48
DKK713.91
|
$118.08
ISK16,578
|
|
|
Regular dress
from H&M or similar store
|
$26.35
DKK183.58
|
$50.39
ISK7,075
|
|
|
Running shoes
Nike or Adidas
|
$204.96
DKK1,427.82
|
$151.12
ISK21,217
|
|
| Men's business shoes (leather) |
$204.81
DKK1,426.80
|
$175.20
ISK24,598
|
|
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