Cost of living comparison
Iceland is 92.5% more expensive than Belize.
If you lived in Iceland instead of Belize, you would:
pay 2.3 times more for restaurants
Belize
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$5.60
$11.29
|
$17.84
kr2,437
|
|
Fast food combo meal
McDonalds, or similar
|
$6.11
$12.33
|
$14.27
kr1,949
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.46
$2.94
|
$2.32
kr317
|
|
Bottle of water (11 fl. oz) |
$1.04
$2.09
|
$2.12
kr290
|
|
pay 50.0% more for groceries
Belize
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$1.62
$3.26
|
$3.42
kr468
|
|
Local cheese (8 oz) |
$5.14
$10.36
|
$5.98
kr817
|
|
Milk (1 gallon) |
$9.14
$18.43
|
$5.33
kr728
|
|
Eggs
1 dozen
|
$2.23
$4.49
|
$5.66
kr773
|
|
Boneless chicken breast (1 lb) |
$2.52
$5.08
|
$7.09
kr969
|
|
Apples (1 lb) |
$2.70
$5.43
|
$1.16
kr159
|
|
Bananas (1 lb) |
$0.53
$1.07
|
$0.98
kr134
|
|
Oranges (1 lb) |
$0.55
$1.10
|
$1.17
kr160
|
|
Tomatoes (1 lb) |
$1.29
$2.60
|
$1.84
kr251
|
|
Potatoes (1 lb) |
$1.14
$2.31
|
$0.96
kr131
|
|
Onions (1 lb) |
$0.87
$1.76
|
$0.51
kr70
|
|
pay 75.2% more for transportation
Belize
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$7.71
$15.54
|
$8.03
kr1,098
|
|
Monthly public transit pass |
$20.00
$40.33
|
$77.40
kr10,573
|
|
New Volkswagen Golf 1.4 (standard edition) |
$24,812.07
$50,029.70
|
$29,836.83
kr4,076,009
|
|
Taxi trip in downtown area (5 miles) |
$26.89
$54.22
|
$23.97
kr3,274
|
|
pay 2.4 times more for housing
Belize
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$107.37
$216.49
|
$62.40
kr8,525
|
|
1-Bedroom apartment in downtown area |
$351.88
$709.52
|
$1,437.14
kr196,328
|
|
1-Bedroom apartment outside city center |
$285.96
$576.60
|
$1,215.63
kr166,067
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$84.78
$170.95
|
$68.63
kr9,375
|
|
pay 73.5% more for childcare
Belize
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$149.45
$301.35
|
$259.34
kr35,429
|
|
Middle school for 1 child, two semesters | ?? |
$2,750.10
kr375,691
|
|
pay 86.8% more for entertainment and sports
Belize
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$2.68
$5.41
|
$8.52
kr1,164
|
|
Cappuccino in mid-range area |
$4.22
$8.51
|
$4.15
kr567
|
|
Pack of cigarettes
Marlboro or similar
|
$4.24
$8.55
|
$10.64
kr1,453
|
|
Monthly membership at local gym |
$39.44
$79.53
|
$56.90
kr7,773
|
|
Movie ticket to theater/cinema |
$10.00
$20.16
|
$12.27
kr1,677
|
|
pay 90.2% more for clothing
Belize
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$45.28
$91.29
|
$118.08
kr16,130
|
|
Regular dress
from H&M or similar store
|
$26.77
$53.97
|
$50.39
kr6,884
|
|
Running shoes
Nike or Adidas
|
$96.61
$194.79
|
$151.12
kr20,644
|
|
Men's business shoes (leather) |
$112.84
$227.53
|
$175.20
kr23,934
|
|
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