Cost of living comparison
Iceland is 5.2 times more expensive than Colombo.
If you lived in Iceland instead of Colombo, you would:
pay 6.7 times more for restaurants
Colombo
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$1.65
LKR490.07
|
$17.84
ISK2,491
|
|
Fast food combo meal
McDonalds, or similar
|
$5.04
LKR1,493.55
|
$14.27
ISK1,992
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.51
LKR151.60
|
$2.32
ISK324
|
|
Bottle of water (11 fl. oz) |
$0.25
LKR72.86
|
$2.12
ISK296
|
|
pay 97.8% more for groceries
Colombo
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$0.74
LKR220.12
|
$3.42
ISK478
|
|
Local cheese (8 oz) |
$4.34
LKR1,286.27
|
$5.98
ISK835
|
|
Milk (1 gallon) |
$5.48
LKR1,624.50
|
$5.33
ISK744
|
|
Eggs
1 dozen
|
$2.19
LKR650.61
|
$5.66
ISK790
|
|
Boneless chicken breast (1 lb) |
$2.25
LKR666.27
|
$7.09
ISK991
|
|
Apples (1 lb) |
$2.49
LKR737.86
|
$1.16
ISK162
|
|
Bananas (1 lb) |
$0.42
LKR123.91
|
$0.98
ISK137
|
|
Oranges (1 lb) |
$2.10
LKR622.09
|
$1.17
ISK164
|
|
Tomatoes (1 lb) |
$0.70
LKR208.96
|
$1.84
ISK256
|
|
Potatoes (1 lb) |
$0.55
LKR163.90
|
$0.96
ISK134
|
|
Onions (1 lb) |
$0.38
LKR112.21
|
$0.51
ISK71
|
|
pay 6.8 times more for transportation
Colombo
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$5.24
LKR1,553.93
|
$8.03
ISK1,122
|
|
Monthly public transit pass |
$4.72
LKR1,400.20
|
$77.40
ISK10,808
|
|
New Volkswagen Golf 1.4 (standard edition) |
$29,917.63
LKR8,867,961.27
|
$29,836.83
ISK4,166,415
|
|
Taxi trip in downtown area (5 miles) |
$2.83
LKR840.12
|
$23.97
ISK3,347
|
|
pay 5.2 times more for housing
Colombo
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$11.95
LKR3,543.12
|
$62.40
ISK8,714
|
|
1-Bedroom apartment in downtown area |
$341.69
LKR101,281.49
|
$1,437.14
ISK200,683
|
|
1-Bedroom apartment outside city center |
$142.52
LKR42,245.02
|
$1,215.63
ISK169,750
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$25.52
LKR7,565.33
|
$68.63
ISK9,583
|
|
pay 7.6 times more for childcare
Colombo
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$26.09
LKR7,734.46
|
$259.34
ISK36,215
|
|
Middle school for 1 child, two semesters |
$520.92
LKR154,406.86
|
$2,750.10
ISK384,024
|
|
pay 3.6 times more for entertainment and sports
Colombo
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.57
LKR466.73
|
$8.52
ISK1,190
|
|
Cappuccino in mid-range area |
$1.85
LKR547.06
|
$4.15
ISK580
|
|
Pack of cigarettes
Marlboro or similar
|
$6.30
LKR1,866.94
|
$10.64
ISK1,485
|
|
Monthly membership at local gym |
$12.09
LKR3,583.16
|
$56.90
ISK7,946
|
|
Movie ticket to theater/cinema |
$3.15
LKR933.47
|
$12.27
ISK1,714
|
|
pay 4.2 times more for clothing
Colombo
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$24.08
LKR7,138.30
|
$118.08
ISK16,488
|
|
Regular dress
from H&M or similar store
|
$16.10
LKR4,773.42
|
$50.39
ISK7,036
|
|
Running shoes
Nike or Adidas
|
$54.57
LKR16,174.78
|
$151.12
ISK21,102
|
|
Men's business shoes (leather) |
$29.14
LKR8,637.51
|
$175.20
ISK24,465
|
|
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