Cost of living comparison
Iceland is 18.1% more expensive than Essen.
If you lived in Iceland instead of Essen, you would:
pay 18.6% more for restaurants
Essen
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$14.62
€13.44
|
$19.51
ISK2,699
|
|
Fast food combo meal
McDonalds, or similar
|
$11.91
€10.95
|
$16.45
ISK2,275
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.63
€2.42
|
$2.70
ISK374
|
|
Bottle of water (11 fl. oz) |
$1.95
€1.79
|
$1.95
ISK270
|
|
pay 20.9% more for groceries
Essen
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$2.23
€2.05
|
$3.16
ISK436
|
|
Local cheese (8 oz) |
$6.90
€6.34
|
$6.72
ISK929
|
|
Milk (1 gallon) |
$4.40
€4.05
|
$6.27
ISK867
|
|
Eggs
1 dozen
|
$3.50
€3.21
|
$6.03
ISK834
|
|
Boneless chicken breast (1 lb) |
$7.35
€6.75
|
$7.60
ISK1,051
|
|
Apples (1 lb) |
$1.31
€1.21
|
$1.13
ISK156
|
|
Bananas (1 lb) |
$0.71
€0.65
|
$1.01
ISK140
|
|
Oranges (1 lb) |
$1.04
€0.96
|
$1.15
ISK160
|
|
Tomatoes (1 lb) |
$1.65
€1.52
|
$1.71
ISK237
|
|
Potatoes (1 lb) |
$0.78
€0.72
|
$1.13
ISK156
|
|
Onions (1 lb) |
$0.80
€0.74
|
$0.68
ISK94
|
|
pay 5.6% more for transportation
Essen
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$7.17
€6.59
|
$8.42
ISK1,164
|
|
Monthly public transit pass |
$53.07
€48.78
|
$68.29
ISK9,444
|
|
New Volkswagen Golf 1.4 (standard edition) |
$29,435.59
€27,055.72
|
$39,714.69
ISK5,492,145
|
|
Taxi trip in downtown area (5 miles) |
$56.32
€51.76
|
$23.23
ISK3,212
|
|
pay 44.0% more for housing
Essen
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$48.81
€44.86
|
$74.47
ISK10,299
|
|
1-Bedroom apartment in downtown area |
$780.83
€717.70
|
$1,518.94
ISK210,054
|
|
1-Bedroom apartment outside city center |
$651.15
€598.50
|
$1,325.48
ISK183,300
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$264.26
€242.89
|
$66.99
ISK9,264
|
|
pay 37.5% less for childcare
Essen
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$430.22
€395.43
|
$254.97
ISK35,259
|
|
Middle school for 1 child, two semesters |
$9,139.87
€8,400.91
|
$5,993.83
ISK828,886
|
|
pay 55.6% more for entertainment and sports
Essen
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$4.33
€3.98
|
$9.37
ISK1,296
|
|
Cappuccino in mid-range area |
$3.32
€3.05
|
$4.61
ISK638
|
|
Pack of cigarettes
Marlboro or similar
|
$8.88
€8.16
|
$11.22
ISK1,551
|
|
Monthly membership at local gym |
$37.24
€34.23
|
$60.00
ISK8,298
|
|
Movie ticket to theater/cinema |
$10.29
€9.46
|
$13.94
ISK1,928
|
|
pay 19.8% more for clothing
Essen
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$96.52
€88.72
|
$108.23
ISK14,967
|
|
Regular dress
from H&M or similar store
|
$58.64
€53.90
|
$59.73
ISK8,260
|
|
Running shoes
Nike or Adidas
|
$105.79
€97.24
|
$146.94
ISK20,320
|
|
Men's business shoes (leather) |
$133.99
€123.16
|
$169.24
ISK23,404
|
|
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