Cost of living comparison
compared to
Iceland vs. Falkland Islands (Islas Malvinas) Cost of Living Summary
Iceland is 2.6 times more expensive than Falkland Islands (Islas Malvinas) overall.
- Restaurants
-
pay 49.4% more in Iceland
- Groceries
-
pay 72.9% more in Iceland
- Transportation
-
pay 10.0 times more in Iceland
- Housing
-
pay 11.0% more in Iceland
- Childcare
-
pay 44.3% less in Iceland
- Entertainment and Sports
-
pay 2.0 times more in Iceland
- Clothing
-
pay 38.0% more in Iceland
The cost of transportation, entertainment and sports, groceries, restaurants, clothing, and housing in Iceland are more expensive than in Falkland Islands (Islas Malvinas). Notably, transportation and entertainment and sports are significantly more expensive in Iceland.
Iceland vs. Falkland Islands (Islas Malvinas) Cost Breakdown
If you lived in Iceland instead of Falkland Islands (Islas Malvinas), you would:
pay 49.4% more for restaurants
|
Falkland Islands (Islas Malvinas)
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$26.71
FKP19.96
|
$26.52
ISK3,332
|
|
|
Fast food combo meal
McDonalds, or similar
|
?? |
$21.32
ISK2,678
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.26
FKP1.69
|
$3.11
ISK391
|
|
| Bottle of water (11 fl. oz) |
$1.29
FKP0.96
|
$2.72
ISK342
|
|
Falkland Islands (Islas Malvinas) vs. Iceland - Cost of restaurants
pay 72.9% more for groceries
|
Falkland Islands (Islas Malvinas)
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.36
FKP2.51
|
$3.80
ISK478
|
|
| Local cheese (8 oz) |
$1.47
FKP1.10
|
$9.44
ISK1,186
|
|
| Milk (1 gallon) |
$7.99
FKP5.97
|
$7.78
ISK977
|
|
|
Eggs
1 dozen
|
$7.17
FKP5.36
|
$6.71
ISK843
|
|
| Boneless chicken breast (1 lb) |
$3.56
FKP2.66
|
$11.22
ISK1,409
|
|
| Apples (1 lb) |
$4.03
FKP3.01
|
$1.50
ISK188
|
|
| Bananas (1 lb) |
$2.27
FKP1.70
|
$1.15
ISK144
|
|
| Oranges (1 lb) |
$4.53
FKP3.39
|
$1.41
ISK178
|
|
| Tomatoes (1 lb) |
$2.38
FKP1.78
|
$2.34
ISK294
|
|
| Potatoes (1 lb) |
$1.70
FKP1.27
|
$1.65
ISK207
|
|
| Onions (1 lb) |
$0.33
FKP0.25
|
$1.09
ISK137
|
|
Falkland Islands (Islas Malvinas) vs. Iceland - Cost of groceries
pay 10.0 times more for transportation
|
Falkland Islands (Islas Malvinas)
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.19
FKP4.63
|
$9.65
ISK1,213
|
|
| Monthly public transit pass | ?? |
$79.56
ISK9,995
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$2,670.87
FKP1,996.46
|
$49,144.25
ISK6,173,992
|
|
| Taxi trip in downtown area (5 miles) | ?? |
$25.55
ISK3,210
|
|
Falkland Islands (Islas Malvinas) vs. Iceland - Cost of transportation
pay 11.0% more for housing
|
Falkland Islands (Islas Malvinas)
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$452.27
FKP338.07
|
$95.65
ISK12,016
|
|
| 1-Bedroom apartment in downtown area |
$1,201.89
FKP898.41
|
$2,289.17
ISK287,588
|
|
| 1-Bedroom apartment outside city center |
$868.03
FKP648.85
|
$1,830.04
ISK229,909
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$299.85
FKP224.14
|
$65.15
ISK8,185
|
|
Falkland Islands (Islas Malvinas) vs. Iceland - Cost of housing
pay 44.3% less for childcare
|
Falkland Islands (Islas Malvinas)
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$600.94
FKP449.20
|
$334.67
ISK42,044
|
|
| Middle school for 1 child, two semesters | ?? |
$30,711.08
ISK3,858,233
|
|
Falkland Islands (Islas Malvinas) vs. Iceland - Cost of childcare
pay 2.0 times more for entertainment and sports
|
Falkland Islands (Islas Malvinas)
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$4.21
FKP3.14
|
$11.14
ISK1,400
|
|
| Cappuccino in mid-range area |
$3.36
FKP2.51
|
$5.62
ISK707
|
|
|
Pack of cigarettes
Marlboro or similar
|
$16.29
FKP12.17
|
$13.90
ISK1,746
|
|
| Monthly membership at local gym |
$22.33
FKP16.69
|
$78.17
ISK9,821
|
|
| Movie ticket to theater/cinema |
$11.02
FKP8.24
|
$16.75
ISK2,105
|
|
Falkland Islands (Islas Malvinas) vs. Iceland - Cost of entertainment and sports
pay 38.0% more for clothing
|
Falkland Islands (Islas Malvinas)
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$113.51
FKP84.85
|
$130.91
ISK16,446
|
|
|
Regular dress
from H&M or similar store
|
$93.48
FKP69.88
|
$61.83
ISK7,768
|
|
|
Running shoes
Nike or Adidas
|
$110.17
FKP82.35
|
$163.81
ISK20,580
|
|
| Men's business shoes (leather) |
$106.83
FKP79.86
|
$237.31
ISK29,813
|
|
Falkland Islands (Islas Malvinas) vs. Iceland - Cost of clothing
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: December 2025
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