Cost of living comparison
Iceland is 95.0% more expensive than Chile.
If you lived in Iceland instead of Chile, you would:
pay 2.1 times more for restaurants
|
Chile
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$7.70
CLF0.2600
|
$19.51
ISK2,667
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.45
CLF0.2500
|
$16.45
ISK2,248
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.36
CLF0.0500
|
$2.70
ISK369
|
|
| Bottle of water (11 fl. oz) |
$1.13
CLF0.0400
|
$1.95
ISK267
|
|
pay 66.3% more for groceries
|
Chile
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.53
CLF0.0500
|
$3.16
ISK431
|
|
| Local cheese (8 oz) |
$5.20
CLF0.1700
|
$6.72
ISK918
|
|
| Milk (1 gallon) |
$4.47
CLF0.1500
|
$6.27
ISK857
|
|
|
Eggs
1 dozen
|
$3.26
CLF0.1100
|
$6.03
ISK824
|
|
| Boneless chicken breast (1 lb) |
$2.97
CLF0.1000
|
$7.60
ISK1,039
|
|
| Apples (1 lb) |
$0.88
CLF0.0300
|
$1.13
ISK154
|
|
| Bananas (1 lb) |
$0.85
CLF0.0300
|
$1.01
ISK138
|
|
| Oranges (1 lb) |
$0.80
CLF0.0300
|
$1.15
ISK158
|
|
| Tomatoes (1 lb) |
$0.78
CLF0.0300
|
$1.71
ISK234
|
|
| Potatoes (1 lb) |
$0.58
CLF0.0200
|
$1.13
ISK155
|
|
| Onions (1 lb) |
$0.65
CLF0.0200
|
$0.68
ISK93
|
|
pay 84.0% more for transportation
|
Chile
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$5.42
CLF0.1800
|
$8.42
ISK1,151
|
|
| Monthly public transit pass |
$36.91
CLF1.2400
|
$68.29
ISK9,332
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$16,597.16
CLF557.4000
|
$39,714.69
ISK5,427,013
|
|
| Taxi trip in downtown area (5 miles) |
$14.85
CLF0.5000
|
$23.23
ISK3,174
|
|
pay 2.6 times more for housing
|
Chile
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$24.66
CLF0.8300
|
$74.47
ISK10,177
|
|
| 1-Bedroom apartment in downtown area |
$479.74
CLF16.1100
|
$1,518.94
ISK207,563
|
|
| 1-Bedroom apartment outside city center |
$367.24
CLF12.3300
|
$1,325.48
ISK181,127
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$91.70
CLF3.0800
|
$66.99
ISK9,154
|
|
pay 2.5% less for childcare
|
Chile
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$331.55
CLF11.1300
|
$254.97
ISK34,841
|
|
| Middle school for 1 child, two semesters |
$5,075.15
CLF170.4400
|
$5,993.83
ISK819,056
|
|
pay 2.2 times more for entertainment and sports
|
Chile
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.75
CLF0.0900
|
$9.37
ISK1,281
|
|
| Cappuccino in mid-range area |
$2.92
CLF0.1000
|
$4.61
ISK630
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.16
CLF0.1700
|
$11.22
ISK1,533
|
|
| Monthly membership at local gym |
$40.42
CLF1.3600
|
$60.00
ISK8,199
|
|
| Movie ticket to theater/cinema |
$5.92
CLF0.2000
|
$13.94
ISK1,905
|
|
pay 2.2 times more for clothing
|
Chile
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$45.70
CLF1.5300
|
$108.23
ISK14,790
|
|
|
Regular dress
from H&M or similar store
|
$28.96
CLF0.9700
|
$59.73
ISK8,162
|
|
|
Running shoes
Nike or Adidas
|
$64.62
CLF2.1700
|
$146.94
ISK20,079
|
|
| Men's business shoes (leather) |
$77.03
CLF2.5900
|
$169.24
ISK23,127
|
|
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