Cost of living comparison
Iceland is 27.2% more expensive than Arkansas.
If you lived in Iceland instead of Arkansas, you would:
pay 36.2% more for restaurants
|
Arkansas
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$14.50
|
$19.51
ISK2,701
|
|
|
Fast food combo meal
McDonalds, or similar
|
$9.28
|
$16.45
ISK2,276
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.20
|
$2.70
ISK374
|
|
| Bottle of water (11 fl. oz) |
$1.77
|
$1.95
ISK270
|
|
pay 23.5% more for groceries
|
Arkansas
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.02
|
$3.16
ISK437
|
|
| Local cheese (8 oz) |
$5.06
|
$6.72
ISK930
|
|
| Milk (1 gallon) |
$3.86
|
$6.27
ISK868
|
|
|
Eggs
1 dozen
|
$2.81
|
$6.03
ISK835
|
|
| Boneless chicken breast (1 lb) |
$4.16
|
$7.60
ISK1,052
|
|
| Apples (1 lb) |
$2.12
|
$1.13
ISK156
|
|
| Bananas (1 lb) |
$0.60
|
$1.01
ISK140
|
|
| Oranges (1 lb) |
$1.36
|
$1.15
ISK160
|
|
| Tomatoes (1 lb) |
$1.64
|
$1.71
ISK237
|
|
| Potatoes (1 lb) |
$1.28
|
$1.13
ISK157
|
|
| Onions (1 lb) |
$1.12
|
$0.68
ISK94
|
|
pay 90.2% more for transportation
|
Arkansas
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$2.90
|
$8.42
ISK1,165
|
|
| Monthly public transit pass |
$35.50
|
$68.29
ISK9,452
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$33,168.47
|
$39,714.69
ISK5,496,513
|
|
| Taxi trip in downtown area (5 miles) |
$14.71
|
$23.23
ISK3,215
|
|
pay 4.4% more for housing
|
Arkansas
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$65.71
|
$74.47
ISK10,307
|
|
| 1-Bedroom apartment in downtown area |
$1,250.70
|
$1,518.94
ISK210,221
|
|
| 1-Bedroom apartment outside city center |
$925.50
|
$1,325.48
ISK183,446
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$168.25
|
$66.99
ISK9,271
|
|
pay 74.8% less for childcare
|
Arkansas
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,088.01
|
$254.97
ISK35,287
|
|
| Middle school for 1 child, two semesters |
$22,150.00
|
$5,993.83
ISK829,545
|
|
pay 38.0% more for entertainment and sports
|
Arkansas
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$5.16
|
$9.37
ISK1,297
|
|
| Cappuccino in mid-range area |
$4.73
|
$4.61
ISK638
|
|
|
Pack of cigarettes
Marlboro or similar
|
$7.46
|
$11.22
ISK1,552
|
|
| Monthly membership at local gym |
$41.62
|
$60.00
ISK8,304
|
|
| Movie ticket to theater/cinema |
$12.00
|
$13.94
ISK1,929
|
|
pay 72.9% more for clothing
|
Arkansas
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$48.82
|
$108.23
ISK14,979
|
|
|
Regular dress
from H&M or similar store
|
$38.49
|
$59.73
ISK8,267
|
|
|
Running shoes
Nike or Adidas
|
$88.98
|
$146.94
ISK20,337
|
|
| Men's business shoes (leather) |
$113.10
|
$169.24
ISK23,423
|
|
Change currency:
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Iceland or Arkansas. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.