Cost of living comparison
Iceland is 2.1 times more expensive than Dominican Republic.
If you lived in Iceland instead of Dominican Republic, you would:
pay 2.9 times more for restaurants
|
Dominican Republic
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$7.38
DOP442.20
|
$19.51
ISK2,678
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.46
DOP446.99
|
$16.45
ISK2,257
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.89
DOP53.42
|
$2.70
ISK371
|
|
| Bottle of water (11 fl. oz) |
$0.54
DOP32.14
|
$1.95
ISK268
|
|
pay 2.1 times more for groceries
|
Dominican Republic
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.66
DOP99.27
|
$3.16
ISK433
|
|
| Local cheese (8 oz) |
$3.27
DOP195.87
|
$6.72
ISK922
|
|
| Milk (1 gallon) |
$4.40
DOP263.81
|
$6.27
ISK861
|
|
|
Eggs
1 dozen
|
$1.66
DOP99.77
|
$6.03
ISK828
|
|
| Boneless chicken breast (1 lb) |
$2.27
DOP136.18
|
$7.60
ISK1,043
|
|
| Apples (1 lb) |
$1.11
DOP66.72
|
$1.13
ISK155
|
|
| Bananas (1 lb) |
$0.33
DOP20.03
|
$1.01
ISK138
|
|
| Oranges (1 lb) |
$1.06
DOP63.39
|
$1.15
ISK158
|
|
| Tomatoes (1 lb) |
$0.63
DOP38.07
|
$1.71
ISK235
|
|
| Potatoes (1 lb) |
$0.63
DOP37.65
|
$1.13
ISK155
|
|
| Onions (1 lb) |
$1.01
DOP60.45
|
$0.68
ISK94
|
|
pay 35.6% more for transportation
|
Dominican Republic
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.82
DOP288.92
|
$8.42
ISK1,156
|
|
| Monthly public transit pass |
$58.49
DOP3,507.04
|
$68.29
ISK9,373
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$27,453.03
DOP1,646,033.47
|
$39,714.69
ISK5,450,444
|
|
| Taxi trip in downtown area (5 miles) |
$21.84
DOP1,309.35
|
$23.23
ISK3,188
|
|
pay 2.6 times more for housing
|
Dominican Republic
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$39.22
DOP2,351.30
|
$74.47
ISK10,221
|
|
| 1-Bedroom apartment in downtown area |
$602.75
DOP36,139.67
|
$1,518.94
ISK208,459
|
|
| 1-Bedroom apartment outside city center |
$333.99
DOP20,025.71
|
$1,325.48
ISK181,909
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$35.91
DOP2,152.88
|
$66.99
ISK9,194
|
|
pay 10.2% more for childcare
|
Dominican Republic
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$276.66
DOP16,587.96
|
$254.97
ISK34,992
|
|
| Middle school for 1 child, two semesters |
$4,677.72
DOP280,467.37
|
$5,993.83
ISK822,593
|
|
pay 2.5 times more for entertainment and sports
|
Dominican Republic
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.54
DOP152.34
|
$9.37
ISK1,287
|
|
| Cappuccino in mid-range area |
$2.09
DOP125.18
|
$4.61
ISK633
|
|
|
Pack of cigarettes
Marlboro or similar
|
$4.15
DOP248.77
|
$11.22
ISK1,539
|
|
| Monthly membership at local gym |
$34.54
DOP2,070.83
|
$60.00
ISK8,235
|
|
| Movie ticket to theater/cinema |
$5.98
DOP358.61
|
$13.94
ISK1,913
|
|
pay 92.2% more for clothing
|
Dominican Republic
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$43.13
DOP2,585.75
|
$108.23
ISK14,854
|
|
|
Regular dress
from H&M or similar store
|
$47.94
DOP2,874.11
|
$59.73
ISK8,198
|
|
|
Running shoes
Nike or Adidas
|
$79.26
DOP4,752.02
|
$146.94
ISK20,166
|
|
| Men's business shoes (leather) |
$81.48
DOP4,885.44
|
$169.24
ISK23,226
|
|
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