Iceland is 2.4 times more expensive than Ecuador.

If you lived in Iceland instead of Ecuador, you would:

Display currency: USD

pay 3.6 times more for restaurants

 
Ecuador
Iceland
Basic meal with drink at inexpensive restaurant $3.45
 
$19.51
ISK2,699
Fast food combo meal
McDonalds, or similar
$6.27
 
$16.45
ISK2,275
Bottle of Coca-Cola (11 fl. oz) $0.92
 
$2.70
ISK374

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pay 2.2 times more for groceries

 
Ecuador
Iceland
Bread
1 loaf
$1.65
 
$3.16
ISK436
Local cheese (8 oz) $2.79
 
$6.72
ISK929
Milk (1 gallon) $4.08
 
$6.27
ISK867

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pay 2.7 times more for transportation

 
Ecuador
Iceland
Gasoline (1 gallon) $2.48
 
$8.42
ISK1,164
Monthly public transit pass $17.66
 
$68.29
ISK9,444
New Volkswagen Golf 1.4 (standard edition) $22,909.09
 
$39,714.69
ISK5,492,145

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pay 3.3 times more for housing

 
Ecuador
Iceland
Internet connection
50 mbps or faster, cable/dsl
$33.66
 
$74.47
ISK10,299
1-Bedroom apartment in downtown area $347.73
 
$1,518.94
ISK210,054
1-Bedroom apartment outside city center $270.55
 
$1,325.48
ISK183,300

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pay 6.8% more for childcare

 
Ecuador
Iceland
Private preschool for 1 child, monthly $219.10
 
$254.97
ISK35,259
Middle school for 1 child, two semesters $6,167.67
 
$5,993.83
ISK828,886

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pay 2.4 times more for entertainment and sports

 
Ecuador
Iceland
Domestic/local beer (1 pint) $2.18
 
$9.37
ISK1,296
Cappuccino in mid-range area $2.34
 
$4.61
ISK638
Pack of cigarettes
Marlboro or similar
$5.88
 
$11.22
ISK1,551

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pay 76.2% more for clothing

 
Ecuador
Iceland
Regular jeans
Levi's brand
$52.21
 
$108.23
ISK14,967
Regular dress
from H&M or similar store
$44.65
 
$59.73
ISK8,260
Running shoes
Nike or Adidas
$95.02
 
$146.94
ISK20,320

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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: May 2024
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