Iceland vs. Cocos (Keeling) Islands Cost Breakdown

If you lived in Iceland instead of Cocos (Keeling) Islands, you would:

pay (unknown) more for restaurants

 
Cocos (Keeling) Islands
Iceland
Basic meal with drink at inexpensive restaurant ?? $19.40
ISK2,746
Fast food combo meal
McDonalds, or similar
?? $16.94
ISK2,398
Bottle of Coca-Cola (11 fl. oz) ?? $2.81
ISK398

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pay (unknown) more for groceries

 
Cocos (Keeling) Islands
Iceland
Bread
1 loaf
?? $2.95
ISK418
Local cheese (8 oz) ?? $7.27
ISK1,028
Milk (1 gallon) ?? $6.01
ISK850

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pay (unknown) more for transportation

 
Cocos (Keeling) Islands
Iceland
Gasoline (1 gallon) ?? $8.36
ISK1,184
Monthly public transit pass ?? $71.28
ISK10,090
New Volkswagen Golf 1.4 (standard edition) ?? $40,660.66
ISK5,755,923

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pay (unknown) more for housing

 
Cocos (Keeling) Islands
Iceland
Internet connection
50 mbps or faster, cable/dsl
?? $72.17
ISK10,217
1-Bedroom apartment in downtown area ?? $1,838.04
ISK260,193
1-Bedroom apartment outside city center ?? $1,497.77
ISK212,024

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pay (unknown) more for childcare

 
Cocos (Keeling) Islands
Iceland
Private preschool for 1 child, monthly ?? $258.16
ISK36,546
Middle school for 1 child, two semesters ?? $5,993.99
ISK848,510

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pay (unknown) more for entertainment and sports

 
Cocos (Keeling) Islands
Iceland
Domestic/local beer (1 pint) ?? $9.19
ISK1,301
Cappuccino in mid-range area ?? $4.65
ISK658
Pack of cigarettes
Marlboro or similar
?? $11.76
ISK1,664

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pay (unknown) more for clothing

 
Cocos (Keeling) Islands
Iceland
Regular jeans
Levi's brand
?? $111.23
ISK15,746
Regular dress
from H&M or similar store
?? $59.69
ISK8,450
Running shoes
Nike or Adidas
?? $148.00
ISK20,951

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: February 2025
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