Cost of living comparison
Iceland is 4.0 times more expensive than Eritrea.
If you lived in Iceland instead of Eritrea, you would:
pay 2.9 times more for restaurants
Eritrea
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$11.40
ERN171.02
|
$17.84
kr2,519
|
|
Fast food combo meal
McDonalds, or similar
|
$2.00
ERN30.00
|
$14.27
kr2,015
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.56
ERN23.44
|
$2.32
kr327
|
|
Bottle of water (11 fl. oz) |
$1.57
ERN23.62
|
$2.12
kr300
|
|
pay 2.0 times more for groceries
Eritrea
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$0.50
ERN7.50
|
$3.42
kr484
|
|
Local cheese (8 oz) | ?? |
$5.98
kr845
|
|
Milk (1 gallon) |
$5.47
ERN82.08
|
$5.33
kr752
|
|
Eggs
1 dozen
|
$4.80
ERN72.00
|
$5.66
kr799
|
|
Boneless chicken breast (1 lb) | ?? |
$7.09
kr1,002
|
|
Apples (1 lb) |
$1.97
ERN29.48
|
$1.16
kr164
|
|
Bananas (1 lb) |
$0.45
ERN6.80
|
$0.98
kr139
|
|
Oranges (1 lb) |
$0.86
ERN12.85
|
$1.17
kr166
|
|
Tomatoes (1 lb) |
$0.66
ERN9.83
|
$1.84
kr259
|
|
Potatoes (1 lb) |
$0.71
ERN10.58
|
$0.96
kr135
|
|
Onions (1 lb) |
$0.45
ERN6.80
|
$0.51
kr72
|
|
pay 2.5 times more for transportation
Eritrea
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.20
ERN123.03
|
$8.03
kr1,135
|
|
Monthly public transit pass | ?? |
$77.40
kr10,932
|
|
New Volkswagen Golf 1.4 (standard edition) | ?? |
$29,836.83
kr4,214,452
|
|
Taxi trip in downtown area (5 miles) |
$6.00
ERN89.99
|
$23.97
kr3,385
|
|
pay 2.4 times more for housing
Eritrea
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
?? |
$62.40
kr8,814
|
|
1-Bedroom apartment in downtown area |
$650.00
ERN9,750.00
|
$1,437.14
kr202,996
|
|
1-Bedroom apartment outside city center |
$600.00
ERN9,000.00
|
$1,215.63
kr171,707
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$22.94
ERN344.12
|
$68.63
kr9,694
|
|
pay 7.0 times more for childcare
Eritrea
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$25.00
ERN375.00
|
$259.34
kr36,632
|
|
Middle school for 1 child, two semesters |
$750.00
ERN11,250.00
|
$2,750.10
kr388,451
|
|
pay 7.5 times more for entertainment and sports
Eritrea
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.00
ERN15.00
|
$8.52
kr1,204
|
|
Cappuccino in mid-range area |
$0.84
ERN12.58
|
$4.15
kr587
|
|
Pack of cigarettes
Marlboro or similar
|
$2.50
ERN37.50
|
$10.64
kr1,502
|
|
Monthly membership at local gym | ?? |
$56.90
kr8,037
|
|
Movie ticket to theater/cinema |
$1.00
ERN15.00
|
$12.27
kr1,734
|
|
pay 3.3 times more for clothing
Eritrea
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$30.00
ERN450.00
|
$118.08
kr16,678
|
|
Regular dress
from H&M or similar store
|
$30.00
ERN450.00
|
$50.39
kr7,117
|
|
Running shoes
Nike or Adidas
|
?? |
$151.12
kr21,345
|
|
Men's business shoes (leather) |
$40.00
ERN600.00
|
$175.20
kr24,747
|
|
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