Cost of living comparison
Iceland is 2.7 times more expensive than Albania.
If you lived in Iceland instead of Albania, you would:
pay 2.8 times more for restaurants
Albania
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$5.36
ALL508
|
$17.84
kr2,519
|
|
Fast food combo meal
McDonalds, or similar
|
$4.88
ALL463
|
$14.27
kr2,015
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.31
ALL125
|
$2.32
kr327
|
|
Bottle of water (11 fl. oz) |
$0.63
ALL60
|
$2.12
kr300
|
|
pay 2.5 times more for groceries
Albania
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$0.68
ALL64
|
$3.42
kr484
|
|
Local cheese (8 oz) |
$3.07
ALL291
|
$5.98
kr845
|
|
Milk (1 gallon) |
$5.06
ALL480
|
$5.33
kr752
|
|
Eggs
1 dozen
|
$2.35
ALL222
|
$5.66
kr799
|
|
Boneless chicken breast (1 lb) |
$2.33
ALL221
|
$7.09
kr1,002
|
|
Apples (1 lb) |
$0.44
ALL41
|
$1.16
kr164
|
|
Bananas (1 lb) |
$0.74
ALL70
|
$0.98
kr139
|
|
Oranges (1 lb) |
$0.57
ALL54
|
$1.17
kr166
|
|
Tomatoes (1 lb) |
$0.53
ALL51
|
$1.84
kr259
|
|
Potatoes (1 lb) |
$0.33
ALL31
|
$0.96
kr135
|
|
Onions (1 lb) |
$0.31
ALL30
|
$0.51
kr72
|
|
pay 2.5 times more for transportation
Albania
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$7.57
ALL717
|
$8.03
kr1,135
|
|
Monthly public transit pass |
$12.57
ALL1,192
|
$77.40
kr10,932
|
|
New Volkswagen Golf 1.4 (standard edition) |
$17,366.08
ALL1,646,526
|
$29,836.83
kr4,214,452
|
|
Taxi trip in downtown area (5 miles) |
$22.05
ALL2,091
|
$23.97
kr3,385
|
|
pay 4.1 times more for housing
Albania
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$16.93
ALL1,606
|
$62.40
kr8,814
|
|
1-Bedroom apartment in downtown area |
$267.36
ALL25,349
|
$1,437.14
kr202,996
|
|
1-Bedroom apartment outside city center |
$193.27
ALL18,324
|
$1,215.63
kr171,707
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$65.46
ALL6,206
|
$68.63
kr9,694
|
|
pay 70.7% more for childcare
Albania
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$115.94
ALL10,993
|
$259.34
kr36,632
|
|
Middle school for 1 child, two semesters |
$2,335.62
ALL221,446
|
$2,750.10
kr388,451
|
|
pay 3.3 times more for entertainment and sports
Albania
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.45
ALL138
|
$8.52
kr1,204
|
|
Cappuccino in mid-range area |
$1.30
ALL123
|
$4.15
kr587
|
|
Pack of cigarettes
Marlboro or similar
|
$3.08
ALL292
|
$10.64
kr1,502
|
|
Monthly membership at local gym |
$32.37
ALL3,069
|
$56.90
kr8,037
|
|
Movie ticket to theater/cinema |
$5.13
ALL486
|
$12.27
kr1,734
|
|
pay 2.2 times more for clothing
Albania
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$39.49
ALL3,744
|
$118.08
kr16,678
|
|
Regular dress
from H&M or similar store
|
$32.13
ALL3,047
|
$50.39
kr7,117
|
|
Running shoes
Nike or Adidas
|
$69.30
ALL6,571
|
$151.12
kr21,345
|
|
Men's business shoes (leather) |
$82.40
ALL7,813
|
$175.20
kr24,747
|
|
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