Cost of living comparison
Iceland is 3.7 times more expensive than Azerbaijan.
If you lived in Iceland instead of Azerbaijan, you would:
pay 4.9 times more for restaurants
Azerbaijan
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$5.06
AZN8.60
|
$17.84
kr2,519
|
|
Fast food combo meal
McDonalds, or similar
|
$6.08
AZN10.34
|
$14.27
kr2,015
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.47
AZN0.80
|
$2.32
kr327
|
|
Bottle of water (11 fl. oz) |
$0.24
AZN0.42
|
$2.12
kr300
|
|
pay 3.5 times more for groceries
Azerbaijan
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$0.32
AZN0.55
|
$3.42
kr484
|
|
Local cheese (8 oz) |
$2.28
AZN3.88
|
$5.98
kr845
|
|
Milk (1 gallon) |
$3.57
AZN6.06
|
$5.33
kr752
|
|
Eggs
1 dozen
|
$1.37
AZN2.32
|
$5.66
kr799
|
|
Boneless chicken breast (1 lb) |
$1.96
AZN3.34
|
$7.09
kr1,002
|
|
Apples (1 lb) |
$0.44
AZN0.74
|
$1.16
kr164
|
|
Bananas (1 lb) |
$0.70
AZN1.19
|
$0.98
kr139
|
|
Oranges (1 lb) |
$0.59
AZN0.99
|
$1.17
kr166
|
|
Tomatoes (1 lb) |
$0.50
AZN0.86
|
$1.84
kr259
|
|
Potatoes (1 lb) |
$0.28
AZN0.48
|
$0.96
kr135
|
|
Onions (1 lb) |
$0.21
AZN0.36
|
$0.51
kr72
|
|
pay 4.4 times more for transportation
Azerbaijan
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$2.19
AZN3.73
|
$8.03
kr1,135
|
|
Monthly public transit pass |
$10.86
AZN18.47
|
$77.40
kr10,932
|
|
New Volkswagen Golf 1.4 (standard edition) |
$17,088.24
AZN29,050.00
|
$29,836.83
kr4,214,452
|
|
Taxi trip in downtown area (5 miles) |
$4.72
AZN8.02
|
$23.97
kr3,385
|
|
pay 5.4 times more for housing
Azerbaijan
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$16.71
AZN28.41
|
$62.40
kr8,814
|
|
1-Bedroom apartment in downtown area |
$188.79
AZN320.95
|
$1,437.14
kr202,996
|
|
1-Bedroom apartment outside city center |
$138.45
AZN235.37
|
$1,215.63
kr171,707
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$42.07
AZN71.52
|
$68.63
kr9,694
|
|
pay 0.9% more for childcare
Azerbaijan
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$201.02
AZN341.74
|
$259.34
kr36,632
|
|
Middle school for 1 child, two semesters |
$3,777.17
AZN6,421.19
|
$2,750.10
kr388,451
|
|
pay 3.8 times more for entertainment and sports
Azerbaijan
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.08
AZN1.84
|
$8.52
kr1,204
|
|
Cappuccino in mid-range area |
$1.99
AZN3.38
|
$4.15
kr587
|
|
Pack of cigarettes
Marlboro or similar
|
$2.95
AZN5.02
|
$10.64
kr1,502
|
|
Monthly membership at local gym |
$25.17
AZN42.79
|
$56.90
kr8,037
|
|
Movie ticket to theater/cinema |
$3.97
AZN6.75
|
$12.27
kr1,734
|
|
pay 2.7 times more for clothing
Azerbaijan
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$28.92
AZN49.16
|
$118.08
kr16,678
|
|
Regular dress
from H&M or similar store
|
$33.41
AZN56.80
|
$50.39
kr7,117
|
|
Running shoes
Nike or Adidas
|
$70.94
AZN120.60
|
$151.12
kr21,345
|
|
Men's business shoes (leather) |
$57.06
AZN97.00
|
$175.20
kr24,747
|
|
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