Cost of living comparison
Iceland is 13.2% more expensive than British Virgin Islands.
If you lived in Iceland instead of British Virgin Islands, you would:
pay 8.4% more for restaurants
|
British Virgin Islands
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$22.50
|
$17.84
kr2,434
|
|
|
Fast food combo meal
McDonalds, or similar
|
$11.50
|
$14.27
kr1,947
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.25
|
$2.32
kr316
|
|
| Bottle of water (11 fl. oz) |
$1.67
|
$2.12
kr290
|
|
pay 19.9% less for groceries
|
British Virgin Islands
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.94
|
$3.42
kr467
|
|
| Local cheese (8 oz) |
$9.00
|
$5.98
kr816
|
|
| Milk (1 gallon) |
$7.53
|
$5.33
kr727
|
|
|
Eggs
1 dozen
|
?? |
$5.66
kr772
|
|
| Boneless chicken breast (1 lb) |
$4.54
|
$7.09
kr968
|
|
| Apples (1 lb) |
$2.04
|
$1.16
kr159
|
|
| Bananas (1 lb) |
$1.13
|
$0.98
kr134
|
|
| Oranges (1 lb) |
$0.91
|
$1.17
kr160
|
|
| Tomatoes (1 lb) |
$3.18
|
$1.84
kr251
|
|
| Potatoes (1 lb) |
$1.81
|
$0.96
kr131
|
|
| Onions (1 lb) |
$1.36
|
$0.51
kr70
|
|
pay 60.0% more for transportation
|
British Virgin Islands
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.23
|
$8.03
kr1,096
|
|
| Monthly public transit pass | ?? |
$77.40
kr10,562
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$23,000.00
|
$29,836.83
kr4,071,534
|
|
| Taxi trip in downtown area (5 miles) | ?? |
$23.97
kr3,271
|
|
pay 28.1% less for housing
|
British Virgin Islands
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$122.33
|
$62.40
kr8,515
|
|
| 1-Bedroom apartment in downtown area |
$1,500.00
|
$1,437.14
kr196,112
|
|
| 1-Bedroom apartment outside city center |
$1,266.67
|
$1,215.63
kr165,884
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$152.94
|
$68.63
kr9,365
|
|
pay 50.0% less for childcare
|
British Virgin Islands
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$312.50
|
$259.34
kr35,390
|
|
| Middle school for 1 child, two semesters |
$16,200.00
|
$2,750.10
kr375,278
|
|
pay 80.1% more for entertainment and sports
|
British Virgin Islands
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$4.00
|
$8.52
kr1,163
|
|
| Cappuccino in mid-range area |
$4.83
|
$4.15
kr567
|
|
|
Pack of cigarettes
Marlboro or similar
|
$2.40
|
$10.64
kr1,451
|
|
| Monthly membership at local gym |
$160.00
|
$56.90
kr7,765
|
|
| Movie ticket to theater/cinema |
$10.00
|
$12.27
kr1,675
|
|
pay 41.7% more for clothing
|
British Virgin Islands
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$80.00
|
$118.08
kr16,113
|
|
|
Regular dress
from H&M or similar store
|
?? |
$50.39
kr6,876
|
|
|
Running shoes
Nike or Adidas
|
$90.00
|
$151.12
kr20,621
|
|
| Men's business shoes (leather) |
$160.00
|
$175.20
kr23,907
|
|
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