Cost of living comparison
Iceland is 83.0% more expensive than Trinidad and Tobago.
If you lived in Iceland instead of Trinidad and Tobago, you would:
pay 2.3 times more for restaurants
Trinidad and Tobago
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$9.72
TTD65.97
|
$17.84
ISK2,489
|
|
Fast food combo meal
McDonalds, or similar
|
$6.57
TTD44.58
|
$14.27
ISK1,991
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.95
TTD6.44
|
$2.32
ISK323
|
|
Bottle of water (11 fl. oz) |
$0.76
TTD5.17
|
$2.12
ISK296
|
|
pay 24.8% more for groceries
Trinidad and Tobago
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$2.07
TTD14.07
|
$3.42
ISK478
|
|
Local cheese (8 oz) |
$3.83
TTD25.97
|
$5.98
ISK835
|
|
Milk (1 gallon) |
$7.58
TTD51.44
|
$5.33
ISK743
|
|
Eggs
1 dozen
|
$3.69
TTD25.06
|
$5.66
ISK790
|
|
Boneless chicken breast (1 lb) |
$3.57
TTD24.24
|
$7.09
ISK990
|
|
Apples (1 lb) |
$1.86
TTD12.59
|
$1.16
ISK162
|
|
Bananas (1 lb) |
$0.92
TTD6.21
|
$0.98
ISK137
|
|
Oranges (1 lb) |
$1.19
TTD8.08
|
$1.17
ISK163
|
|
Tomatoes (1 lb) |
$1.94
TTD13.14
|
$1.84
ISK256
|
|
Potatoes (1 lb) |
$0.52
TTD3.55
|
$0.96
ISK134
|
|
Onions (1 lb) |
$0.62
TTD4.19
|
$0.51
ISK71
|
|
pay 2.0 times more for transportation
Trinidad and Tobago
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$3.21
TTD21.78
|
$8.03
ISK1,121
|
|
Monthly public transit pass |
$51.97
TTD352.76
|
$77.40
ISK10,800
|
|
New Volkswagen Golf 1.4 (standard edition) |
$29,791.71
TTD202,219.65
|
$29,836.83
ISK4,163,431
|
|
Taxi trip in downtown area (5 miles) |
$7.70
TTD52.24
|
$23.97
ISK3,344
|
|
pay 2.3 times more for housing
Trinidad and Tobago
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$50.81
TTD344.88
|
$62.40
ISK8,708
|
|
1-Bedroom apartment in downtown area |
$490.57
TTD3,329.90
|
$1,437.14
ISK200,539
|
|
1-Bedroom apartment outside city center |
$369.70
TTD2,509.45
|
$1,215.63
ISK169,628
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$39.60
TTD268.82
|
$68.63
ISK9,577
|
|
pay 18.2% less for childcare
Trinidad and Tobago
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$227.40
TTD1,543.55
|
$259.34
ISK36,189
|
|
Middle school for 1 child, two semesters |
$5,553.03
TTD37,692.77
|
$2,750.10
ISK383,749
|
|
pay 2.3 times more for entertainment and sports
Trinidad and Tobago
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.53
TTD10.40
|
$8.52
ISK1,189
|
|
Cappuccino in mid-range area |
$3.44
TTD23.36
|
$4.15
ISK579
|
|
Pack of cigarettes
Marlboro or similar
|
$5.08
TTD34.49
|
$10.64
ISK1,484
|
|
Monthly membership at local gym |
$44.23
TTD300.24
|
$56.90
ISK7,940
|
|
Movie ticket to theater/cinema |
$7.81
TTD52.98
|
$12.27
ISK1,713
|
|
pay 77.2% more for clothing
Trinidad and Tobago
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$52.52
TTD356.52
|
$118.08
ISK16,476
|
|
Regular dress
from H&M or similar store
|
$37.33
TTD253.40
|
$50.39
ISK7,031
|
|
Running shoes
Nike or Adidas
|
$103.33
TTD701.39
|
$151.12
ISK21,087
|
|
Men's business shoes (leather) |
$86.47
TTD586.93
|
$175.20
ISK24,447
|
|
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