Cost of living comparison
Iceland is 15.9% more expensive than Barbados.
If you lived in Iceland instead of Barbados, you would:
pay 19.2% more for restaurants
|
Barbados
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$30.00
$60.00
|
$17.84
kr2,453
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.41
$20.82
|
$14.27
kr1,963
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.76
$3.51
|
$2.32
kr319
|
|
| Bottle of water (11 fl. oz) |
$1.43
$2.86
|
$2.12
kr292
|
|
pay 19.5% less for groceries
|
Barbados
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.61
$5.23
|
$3.42
kr471
|
|
| Local cheese (8 oz) |
$7.69
$15.38
|
$5.98
kr823
|
|
| Milk (1 gallon) |
$13.27
$26.54
|
$5.33
kr732
|
|
|
Eggs
1 dozen
|
$5.07
$10.13
|
$5.66
kr778
|
|
| Boneless chicken breast (1 lb) |
$5.36
$10.73
|
$7.09
kr976
|
|
| Apples (1 lb) |
$1.74
$3.47
|
$1.16
kr160
|
|
| Bananas (1 lb) |
$1.29
$2.58
|
$0.98
kr135
|
|
| Oranges (1 lb) |
$1.73
$3.45
|
$1.17
kr161
|
|
| Tomatoes (1 lb) |
$2.44
$4.88
|
$1.84
kr253
|
|
| Potatoes (1 lb) |
$1.27
$2.55
|
$0.96
kr132
|
|
| Onions (1 lb) |
$1.64
$3.27
|
$0.51
kr70
|
|
pay 6.6% less for transportation
|
Barbados
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.94
$15.88
|
$8.03
kr1,105
|
|
| Monthly public transit pass |
$55.50
$111.00
|
$77.40
kr10,646
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$42,500.00
$85,000.00
|
$29,836.83
kr4,104,056
|
|
| Taxi trip in downtown area (5 miles) |
$38.15
$76.30
|
$23.97
kr3,297
|
|
pay 68.3% more for housing
|
Barbados
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$59.33
$118.67
|
$62.40
kr8,583
|
|
| 1-Bedroom apartment in downtown area |
$630.61
$1,261.21
|
$1,437.14
kr197,679
|
|
| 1-Bedroom apartment outside city center |
$447.78
$895.56
|
$1,215.63
kr167,209
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$100.02
$200.04
|
$68.63
kr9,440
|
|
pay 30.8% less for childcare
|
Barbados
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$313.33
$626.67
|
$259.34
kr35,673
|
|
| Middle school for 1 child, two semesters |
$4,944.44
$9,888.89
|
$2,750.10
kr378,276
|
|
pay 45.0% more for entertainment and sports
|
Barbados
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.63
$5.26
|
$8.52
kr1,172
|
|
| Cappuccino in mid-range area |
$4.50
$9.00
|
$4.15
kr571
|
|
|
Pack of cigarettes
Marlboro or similar
|
$8.98
$17.96
|
$10.64
kr1,463
|
|
| Monthly membership at local gym |
$82.23
$164.46
|
$56.90
kr7,827
|
|
| Movie ticket to theater/cinema |
$10.12
$20.25
|
$12.27
kr1,688
|
|
pay 35.7% more for clothing
|
Barbados
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$67.75
$135.50
|
$118.08
kr16,241
|
|
|
Regular dress
from H&M or similar store
|
$57.00
$114.00
|
$50.39
kr6,931
|
|
|
Running shoes
Nike or Adidas
|
$142.01
$284.03
|
$151.12
kr20,786
|
|
| Men's business shoes (leather) |
$100.83
$201.67
|
$175.20
kr24,098
|
|
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