Cost of living comparison
Iceland is 20.3% more expensive than Georgia.
If you lived in Iceland instead of Georgia, you would:
pay 32.1% more for restaurants
|
Georgia
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$16.59
|
$19.51
ISK2,708
|
|
|
Fast food combo meal
McDonalds, or similar
|
$9.02
|
$16.45
ISK2,283
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.26
|
$2.70
ISK375
|
|
| Bottle of water (11 fl. oz) |
$1.80
|
$1.95
ISK271
|
|
pay 10.2% more for groceries
|
Georgia
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.19
|
$3.16
ISK438
|
|
| Local cheese (8 oz) |
$5.50
|
$6.72
ISK932
|
|
| Milk (1 gallon) |
$3.51
|
$6.27
ISK870
|
|
|
Eggs
1 dozen
|
$3.19
|
$6.03
ISK837
|
|
| Boneless chicken breast (1 lb) |
$4.93
|
$7.60
ISK1,055
|
|
| Apples (1 lb) |
$2.29
|
$1.13
ISK156
|
|
| Bananas (1 lb) |
$0.73
|
$1.01
ISK140
|
|
| Oranges (1 lb) |
$1.97
|
$1.15
ISK160
|
|
| Tomatoes (1 lb) |
$1.97
|
$1.71
ISK238
|
|
| Potatoes (1 lb) |
$1.36
|
$1.13
ISK157
|
|
| Onions (1 lb) |
$1.28
|
$0.68
ISK95
|
|
pay 65.0% more for transportation
|
Georgia
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.14
|
$8.42
ISK1,169
|
|
| Monthly public transit pass |
$57.79
|
$68.29
ISK9,478
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$31,028.93
|
$39,714.69
ISK5,511,605
|
|
| Taxi trip in downtown area (5 miles) |
$15.92
|
$23.23
ISK3,224
|
|
pay 8.6% less for housing
|
Georgia
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$66.30
|
$74.47
ISK10,335
|
|
| 1-Bedroom apartment in downtown area |
$1,463.95
|
$1,518.94
ISK210,798
|
|
| 1-Bedroom apartment outside city center |
$1,247.67
|
$1,325.48
ISK183,950
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$153.93
|
$66.99
ISK9,297
|
|
pay 74.6% less for childcare
|
Georgia
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,229.18
|
$254.97
ISK35,384
|
|
| Middle school for 1 child, two semesters |
$19,933.68
|
$5,993.83
ISK831,823
|
|
pay 42.3% more for entertainment and sports
|
Georgia
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$5.13
|
$9.37
ISK1,301
|
|
| Cappuccino in mid-range area |
$5.08
|
$4.61
ISK640
|
|
|
Pack of cigarettes
Marlboro or similar
|
$6.68
|
$11.22
ISK1,557
|
|
| Monthly membership at local gym |
$36.22
|
$60.00
ISK8,327
|
|
| Movie ticket to theater/cinema |
$13.33
|
$13.94
ISK1,935
|
|
pay 75.6% more for clothing
|
Georgia
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$48.90
|
$108.23
ISK15,020
|
|
|
Regular dress
from H&M or similar store
|
$41.64
|
$59.73
ISK8,290
|
|
|
Running shoes
Nike or Adidas
|
$82.31
|
$146.94
ISK20,392
|
|
| Men's business shoes (leather) |
$106.34
|
$169.24
ISK23,487
|
|
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