Cost of living comparison
Iceland is 24.5% more expensive than Alabama.
If you lived in Iceland instead of Alabama, you would:
pay 23.1% more for restaurants
Alabama
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$17.44
|
$19.51
ISK2,682
|
|
Fast food combo meal
McDonalds, or similar
|
$10.52
|
$16.45
ISK2,261
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.13
|
$2.70
ISK372
|
|
Bottle of water (11 fl. oz) |
$2.01
|
$1.95
ISK269
|
|
pay 6.9% more for groceries
Alabama
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$3.43
|
$3.16
ISK434
|
|
Local cheese (8 oz) |
$5.90
|
$6.72
ISK923
|
|
Milk (1 gallon) |
$3.99
|
$6.27
ISK862
|
|
Eggs
1 dozen
|
$3.01
|
$6.03
ISK829
|
|
Boneless chicken breast (1 lb) |
$4.94
|
$7.60
ISK1,045
|
|
Apples (1 lb) |
$2.62
|
$1.13
ISK155
|
|
Bananas (1 lb) |
$0.75
|
$1.01
ISK139
|
|
Oranges (1 lb) |
$1.99
|
$1.15
ISK159
|
|
Tomatoes (1 lb) |
$1.99
|
$1.71
ISK235
|
|
Potatoes (1 lb) |
$1.34
|
$1.13
ISK155
|
|
Onions (1 lb) |
$1.29
|
$0.68
ISK94
|
|
pay 79.8% more for transportation
Alabama
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$3.04
|
$8.42
ISK1,157
|
|
Monthly public transit pass |
$41.67
|
$68.29
ISK9,387
|
|
New Volkswagen Golf 1.4 (standard edition) |
$31,381.92
|
$39,714.69
ISK5,458,784
|
|
Taxi trip in downtown area (5 miles) |
$15.29
|
$23.23
ISK3,193
|
|
pay 12.5% more for housing
Alabama
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$63.19
|
$74.47
ISK10,236
|
|
1-Bedroom apartment in downtown area |
$1,140.21
|
$1,518.94
ISK208,778
|
|
1-Bedroom apartment outside city center |
$858.86
|
$1,325.48
ISK182,187
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$150.08
|
$66.99
ISK9,208
|
|
pay 70.3% less for childcare
Alabama
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$1,051.36
|
$254.97
ISK35,045
|
|
Middle school for 1 child, two semesters |
$17,122.65
|
$5,993.83
ISK823,851
|
|
pay 46.6% more for entertainment and sports
Alabama
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$4.97
|
$9.37
ISK1,288
|
|
Cappuccino in mid-range area |
$5.14
|
$4.61
ISK634
|
|
Pack of cigarettes
Marlboro or similar
|
$6.85
|
$11.22
ISK1,542
|
|
Monthly membership at local gym |
$35.72
|
$60.00
ISK8,247
|
|
Movie ticket to theater/cinema |
$11.38
|
$13.94
ISK1,916
|
|
pay 72.7% more for clothing
Alabama
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$47.54
|
$108.23
ISK14,877
|
|
Regular dress
from H&M or similar store
|
$40.74
|
$59.73
ISK8,210
|
|
Running shoes
Nike or Adidas
|
$80.84
|
$146.94
ISK20,197
|
|
Men's business shoes (leather) |
$125.72
|
$169.24
ISK23,262
|
|
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