Cost of living comparison
Iceland is 78.2% more expensive than Chile.
If you lived in Iceland instead of Chile, you would:
pay 2.0 times more for restaurants
|
Chile
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$7.40
CLF0.2400
|
$17.84
kr2,434
|
|
|
Fast food combo meal
McDonalds, or similar
|
$6.77
CLF0.2200
|
$14.27
kr1,947
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.38
CLF0.0400
|
$2.32
kr316
|
|
| Bottle of water (11 fl. oz) |
$1.08
CLF0.0300
|
$2.12
kr290
|
|
pay 73.4% more for groceries
|
Chile
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.32
CLF0.0400
|
$3.42
kr467
|
|
| Local cheese (8 oz) |
$4.79
CLF0.1600
|
$5.98
kr816
|
|
| Milk (1 gallon) |
$4.51
CLF0.1500
|
$5.33
kr727
|
|
|
Eggs
1 dozen
|
$3.01
CLF0.1000
|
$5.66
kr772
|
|
| Boneless chicken breast (1 lb) |
$2.63
CLF0.0900
|
$7.09
kr968
|
|
| Apples (1 lb) |
$0.80
CLF0.0300
|
$1.16
kr159
|
|
| Bananas (1 lb) |
$0.77
CLF0.0200
|
$0.98
kr134
|
|
| Oranges (1 lb) |
$0.78
CLF0.0300
|
$1.17
kr160
|
|
| Tomatoes (1 lb) |
$0.75
CLF0.0200
|
$1.84
kr251
|
|
| Potatoes (1 lb) |
$0.51
CLF0.0200
|
$0.96
kr131
|
|
| Onions (1 lb) |
$0.59
CLF0.0200
|
$0.51
kr70
|
|
pay 66.5% more for transportation
|
Chile
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$5.39
CLF0.1700
|
$8.03
kr1,096
|
|
| Monthly public transit pass |
$46.36
CLF1.5000
|
$77.40
kr10,562
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$17,551.34
CLF568.7900
|
$29,836.83
kr4,071,534
|
|
| Taxi trip in downtown area (5 miles) |
$13.31
CLF0.4300
|
$23.97
kr3,271
|
|
pay 2.3 times more for housing
|
Chile
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$30.10
CLF0.9800
|
$62.40
kr8,515
|
|
| 1-Bedroom apartment in downtown area |
$449.67
CLF14.5700
|
$1,437.14
kr196,112
|
|
| 1-Bedroom apartment outside city center |
$387.32
CLF12.5500
|
$1,215.63
kr165,884
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$98.11
CLF3.1800
|
$68.63
kr9,365
|
|
pay 30.8% less for childcare
|
Chile
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$312.26
CLF10.1200
|
$259.34
kr35,390
|
|
| Middle school for 1 child, two semesters |
$4,973.52
CLF161.1800
|
$2,750.10
kr375,278
|
|
pay 83.1% more for entertainment and sports
|
Chile
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.15
CLF0.1000
|
$8.52
kr1,163
|
|
| Cappuccino in mid-range area |
$2.82
CLF0.0900
|
$4.15
kr567
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.89
CLF0.1900
|
$10.64
kr1,451
|
|
| Monthly membership at local gym |
$43.65
CLF1.4100
|
$56.90
kr7,765
|
|
| Movie ticket to theater/cinema |
$6.56
CLF0.2100
|
$12.27
kr1,675
|
|
pay 2.2 times more for clothing
|
Chile
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$47.97
CLF1.5500
|
$118.08
kr16,113
|
|
|
Regular dress
from H&M or similar store
|
$29.36
CLF0.9500
|
$50.39
kr6,876
|
|
|
Running shoes
Nike or Adidas
|
$62.17
CLF2.0100
|
$151.12
kr20,621
|
|
| Men's business shoes (leather) |
$74.99
CLF2.4300
|
$175.20
kr23,907
|
|
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