Cost of living comparison
Iceland is 6.3% cheaper than Cayman Islands.
If you lived in Iceland instead of Cayman Islands, you would:
pay 2.4% more for restaurants
|
Cayman Islands
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$17.48
$14.56
|
$15.00
kr2,051
|
|
|
Fast food combo meal
McDonalds, or similar
|
$11.99
$9.99
|
$12.33
kr1,686
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.06
$1.71
|
$2.20
kr301
|
|
| Bottle of water (11 fl. oz) |
$1.76
$1.46
|
$2.00
kr274
|
|
pay 25.9% less for groceries
|
Cayman Islands
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$4.84
$4.03
|
$3.14
kr430
|
|
| Local cheese (8 oz) |
$5.20
$4.33
|
$5.86
kr801
|
|
| Milk (1 gallon) |
$18.71
$15.59
|
$5.16
kr706
|
|
|
Eggs
1 dozen
|
$5.36
$4.47
|
$5.51
kr754
|
|
| Boneless chicken breast (1 lb) |
$3.94
$3.29
|
$7.10
kr971
|
|
| Apples (1 lb) |
$3.12
$2.60
|
$1.19
kr163
|
|
| Bananas (1 lb) |
$1.17
$0.97
|
$1.08
kr148
|
|
| Oranges (1 lb) |
$2.28
$1.90
|
$1.13
kr155
|
|
| Tomatoes (1 lb) |
$2.89
$2.41
|
$1.70
kr233
|
|
| Potatoes (1 lb) |
$1.89
$1.57
|
$1.01
kr139
|
|
| Onions (1 lb) |
$1.95
$1.62
|
$0.66
kr91
|
|
pay 86.3% more for transportation
|
Cayman Islands
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$5.84
$4.87
|
$7.21
kr986
|
|
| Monthly public transit pass |
$17.99
$14.99
|
$85.09
kr11,636
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$35,983.69
$29,984.06
|
$27,857.83
kr3,809,558
|
|
| Taxi trip in downtown area (5 miles) |
$29.92
$24.93
|
$21.37
kr2,922
|
|
pay 51.9% less for housing
|
Cayman Islands
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$129.54
$107.94
|
$66.89
kr9,148
|
|
| 1-Bedroom apartment in downtown area |
$2,719.59
$2,266.15
|
$1,349.42
kr184,533
|
|
| 1-Bedroom apartment outside city center |
$1,887.14
$1,572.50
|
$1,143.63
kr156,391
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$231.49
$192.89
|
$70.86
kr9,690
|
|
pay 80.3% less for childcare
|
Cayman Islands
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,098.25
$915.14
|
$277.52
kr37,951
|
|
| Middle school for 1 child, two semesters |
$20,130.40
$16,774.02
|
$2,822.44
kr385,968
|
|
pay 3.0% more for entertainment and sports
|
Cayman Islands
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$4.80
$4.00
|
$7.85
kr1,074
|
|
| Cappuccino in mid-range area |
$5.55
$4.62
|
$4.10
kr561
|
|
|
Pack of cigarettes
Marlboro or similar
|
$10.80
$9.00
|
$11.37
kr1,555
|
|
| Monthly membership at local gym |
$68.47
$57.05
|
$63.31
kr8,658
|
|
| Movie ticket to theater/cinema |
$14.69
$12.24
|
$11.69
kr1,599
|
|
pay 22.1% more for clothing
|
Cayman Islands
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$61.97
$51.64
|
$117.41
kr16,056
|
|
|
Regular dress
from H&M or similar store
|
$94.46
$78.71
|
$55.13
kr7,539
|
|
|
Running shoes
Nike or Adidas
|
$155.93
$129.93
|
$156.49
kr21,401
|
|
| Men's business shoes (leather) |
$136.74
$113.94
|
$191.54
kr26,193
|
|
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