Cost of living comparison
Iceland is 2.4 times more expensive than Cuba.
If you lived in Iceland instead of Cuba, you would:
pay 73.0% more for restaurants
Cuba
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$7.75
$7.75
|
$17.84
kr2,437
|
|
Fast food combo meal
McDonalds, or similar
|
$6.00
$6.00
|
$14.27
kr1,949
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.39
$2.39
|
$2.32
kr317
|
|
Bottle of water (11 fl. oz) |
$1.67
$1.67
|
$2.12
kr290
|
|
pay 85.8% more for groceries
Cuba
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$1.13
$1.13
|
$3.42
kr468
|
|
Local cheese (8 oz) |
$3.46
$3.46
|
$5.98
kr817
|
|
Milk (1 gallon) |
$13.70
$13.70
|
$5.33
kr728
|
|
Eggs
1 dozen
|
$2.07
$2.07
|
$5.66
kr773
|
|
Boneless chicken breast (1 lb) |
$2.88
$2.88
|
$7.09
kr969
|
|
Apples (1 lb) |
$3.77
$3.77
|
$1.16
kr159
|
|
Bananas (1 lb) |
$0.37
$0.37
|
$0.98
kr134
|
|
Oranges (1 lb) |
$0.53
$0.53
|
$1.17
kr160
|
|
Tomatoes (1 lb) |
$0.63
$0.63
|
$1.84
kr251
|
|
Potatoes (1 lb) |
$0.66
$0.66
|
$0.96
kr131
|
|
Onions (1 lb) |
$1.00
$1.00
|
$0.51
kr70
|
|
pay 2.4 times more for transportation
Cuba
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.46
$4.46
|
$8.03
kr1,098
|
|
Monthly public transit pass |
$22.50
$22.50
|
$77.40
kr10,573
|
|
New Volkswagen Golf 1.4 (standard edition) |
$80,000.00
$80,000.00
|
$29,836.83
kr4,076,009
|
|
Taxi trip in downtown area (5 miles) |
$6.10
$6.10
|
$23.97
kr3,274
|
|
pay 2.6 times more for housing
Cuba
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$165.00
$165.00
|
$62.40
kr8,525
|
|
1-Bedroom apartment in downtown area |
$596.67
$596.67
|
$1,437.14
kr196,328
|
|
1-Bedroom apartment outside city center |
$222.50
$222.50
|
$1,215.63
kr166,067
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$30.59
$30.59
|
$68.63
kr9,375
|
|
pay 58.6% more for childcare
Cuba
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$86.67
$86.67
|
$259.34
kr35,429
|
|
Middle school for 1 child, two semesters |
$15,166.67
$15,166.67
|
$2,750.10
kr375,691
|
|
pay 4.3 times more for entertainment and sports
Cuba
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$3.25
$3.25
|
$8.52
kr1,164
|
|
Cappuccino in mid-range area |
$2.03
$2.03
|
$4.15
kr567
|
|
Pack of cigarettes
Marlboro or similar
|
$4.25
$4.25
|
$10.64
kr1,453
|
|
Monthly membership at local gym |
$16.67
$16.67
|
$56.90
kr7,773
|
|
Movie ticket to theater/cinema |
$1.12
$1.12
|
$12.27
kr1,677
|
|
pay 2.1 times more for clothing
Cuba
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$47.75
$47.75
|
$118.08
kr16,130
|
|
Regular dress
from H&M or similar store
|
$42.17
$42.17
|
$50.39
kr6,884
|
|
Running shoes
Nike or Adidas
|
$69.58
$69.58
|
$151.12
kr20,644
|
|
Men's business shoes (leather) |
$64.00
$64.00
|
$175.20
kr23,934
|
|
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