Cost of living comparison
Iceland is 2.8% more expensive than Greenland.
If you lived in Iceland instead of Greenland, you would:
pay 6.2% more for restaurants
Greenland
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$18.92
DKK131.75
|
$19.51
ISK2,708
|
|
Fast food combo meal
McDonalds, or similar
|
$14.60
DKK101.62
|
$16.45
ISK2,283
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.21
DKK15.35
|
$2.70
ISK375
|
|
Bottle of water (11 fl. oz) |
$2.26
DKK15.70
|
$1.95
ISK271
|
|
pay 27.8% less for groceries
Greenland
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$4.32
DKK30.07
|
$3.16
ISK438
|
|
Local cheese (8 oz) |
$17.05
DKK118.73
|
$6.72
ISK932
|
|
Milk (1 gallon) |
$12.35
DKK85.98
|
$6.27
ISK870
|
|
Eggs
1 dozen
|
$4.13
DKK28.73
|
$6.03
ISK837
|
|
Boneless chicken breast (1 lb) |
$8.33
DKK57.98
|
$7.60
ISK1,055
|
|
Apples (1 lb) |
$1.65
DKK11.46
|
$1.13
ISK156
|
|
Bananas (1 lb) |
$1.87
DKK12.99
|
$1.01
ISK140
|
|
Oranges (1 lb) |
$1.61
DKK11.23
|
$1.15
ISK160
|
|
Tomatoes (1 lb) |
$1.98
DKK13.75
|
$1.71
ISK238
|
|
Potatoes (1 lb) |
$1.54
DKK10.69
|
$1.13
ISK157
|
|
Onions (1 lb) |
$1.76
DKK12.22
|
$0.68
ISK95
|
|
pay 25.8% more for transportation
Greenland
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$3.24
DKK22.58
|
$8.42
ISK1,169
|
|
Monthly public transit pass |
$83.89
DKK584.03
|
$68.29
ISK9,478
|
|
New Volkswagen Golf 1.4 (standard edition) |
$34,760.46
DKK241,998.82
|
$39,714.69
ISK5,511,605
|
|
Taxi trip in downtown area (5 miles) |
$48.62
DKK338.50
|
$23.23
ISK3,224
|
|
pay 15.5% more for housing
Greenland
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$133.45
DKK929.09
|
$74.47
ISK10,335
|
|
1-Bedroom apartment in downtown area |
$726.55
DKK5,058.17
|
$1,518.94
ISK210,798
|
|
1-Bedroom apartment outside city center |
$845.47
DKK5,886.07
|
$1,325.48
ISK183,950
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$166.48
DKK1,159.03
|
$66.99
ISK9,297
|
|
pay 53.8% less for childcare
Greenland
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$551.52
DKK3,839.65
|
$254.97
ISK35,384
|
|
Middle school for 1 child, two semesters | ?? |
$5,993.83
ISK831,823
|
|
pay 12.0% more for entertainment and sports
Greenland
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$10.74
DKK74.74
|
$9.37
ISK1,301
|
|
Cappuccino in mid-range area |
$5.31
DKK36.95
|
$4.61
ISK640
|
|
Pack of cigarettes
Marlboro or similar
|
$12.30
DKK85.62
|
$11.22
ISK1,557
|
|
Monthly membership at local gym |
$26.82
DKK186.73
|
$60.00
ISK8,327
|
|
Movie ticket to theater/cinema |
$19.64
DKK136.73
|
$13.94
ISK1,935
|
|
pay 41.9% more for clothing
Greenland
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$124.59
DKK867.37
|
$108.23
ISK15,020
|
|
Regular dress
from H&M or similar store
|
$26.12
DKK181.88
|
$59.73
ISK8,290
|
|
Running shoes
Nike or Adidas
|
$86.94
DKK605.25
|
$146.94
ISK20,392
|
|
Men's business shoes (leather) |
$203.05
DKK1,413.60
|
$169.24
ISK23,487
|
|
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