Cost of living comparison
Iceland is 0.8% more expensive than Bahamas.
If you lived in Iceland instead of Bahamas, you would:
pay 6.4% more for restaurants
|
Bahamas
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$25.33
$25.33
|
$17.84
kr2,458
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.58
$8.58
|
$14.27
kr1,966
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.56
$2.56
|
$2.32
kr319
|
|
| Bottle of water (11 fl. oz) |
$2.16
$2.16
|
$2.12
kr293
|
|
pay 13.2% less for groceries
|
Bahamas
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$4.23
$4.23
|
$3.42
kr472
|
|
| Local cheese (8 oz) |
$4.15
$4.15
|
$5.98
kr824
|
|
| Milk (1 gallon) |
$14.53
$14.53
|
$5.33
kr734
|
|
|
Eggs
1 dozen
|
$4.39
$4.39
|
$5.66
kr780
|
|
| Boneless chicken breast (1 lb) |
$4.45
$4.45
|
$7.09
kr977
|
|
| Apples (1 lb) |
$1.68
$1.68
|
$1.16
kr160
|
|
| Bananas (1 lb) |
$1.23
$1.23
|
$0.98
kr135
|
|
| Oranges (1 lb) |
$1.64
$1.64
|
$1.17
kr161
|
|
| Tomatoes (1 lb) |
$1.92
$1.92
|
$1.84
kr253
|
|
| Potatoes (1 lb) |
$1.82
$1.82
|
$0.96
kr132
|
|
| Onions (1 lb) |
$1.42
$1.42
|
$0.51
kr71
|
|
pay 19.6% more for transportation
|
Bahamas
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$5.37
$5.37
|
$8.03
kr1,107
|
|
| Monthly public transit pass |
$50.00
$50.00
|
$77.40
kr10,664
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$37,500.00
$37,500.00
|
$29,836.83
kr4,111,217
|
|
| Taxi trip in downtown area (5 miles) |
$25.43
$25.43
|
$23.97
kr3,302
|
|
pay 16.1% less for housing
|
Bahamas
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$68.25
$68.25
|
$62.40
kr8,598
|
|
| 1-Bedroom apartment in downtown area |
$1,222.22
$1,222.22
|
$1,437.14
kr198,024
|
|
| 1-Bedroom apartment outside city center |
$1,309.72
$1,309.72
|
$1,215.63
kr167,501
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$201.75
$201.75
|
$68.63
kr9,456
|
|
pay 50.9% less for childcare
|
Bahamas
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$412.22
$412.22
|
$259.34
kr35,735
|
|
| Middle school for 1 child, two semesters |
$7,795.24
$7,795.24
|
$2,750.10
kr378,936
|
|
pay 11.7% more for entertainment and sports
|
Bahamas
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.75
$3.75
|
$8.52
kr1,174
|
|
| Cappuccino in mid-range area |
$5.23
$5.23
|
$4.15
kr572
|
|
|
Pack of cigarettes
Marlboro or similar
|
$9.50
$9.50
|
$10.64
kr1,465
|
|
| Monthly membership at local gym |
$79.65
$79.65
|
$56.90
kr7,841
|
|
| Movie ticket to theater/cinema |
$18.00
$18.00
|
$12.27
kr1,691
|
|
pay 48.2% more for clothing
|
Bahamas
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$59.05
$59.05
|
$118.08
kr16,270
|
|
|
Regular dress
from H&M or similar store
|
$46.88
$46.88
|
$50.39
kr6,943
|
|
|
Running shoes
Nike or Adidas
|
$117.67
$117.67
|
$151.12
kr20,822
|
|
| Men's business shoes (leather) |
$111.67
$111.67
|
$175.20
kr24,140
|
|
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