Cost of living comparison
Iceland is 1.2% cheaper than Greenland.
If you lived in Iceland instead of Greenland, you would:
pay 15.4% less for restaurants
|
Greenland
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$17.57
kr123.01
|
$17.84
kr2,519
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.22
kr113.56
|
$14.27
kr2,015
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.50
kr24.52
|
$2.32
kr327
|
|
| Bottle of water (11 fl. oz) |
$2.56
kr17.96
|
$2.12
kr300
|
|
pay 22.5% less for groceries
|
Greenland
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.22
kr22.55
|
$3.42
kr484
|
|
| Local cheese (8 oz) |
$16.84
kr117.88
|
$5.98
kr845
|
|
| Milk (1 gallon) |
$6.82
kr47.73
|
$5.33
kr752
|
|
|
Eggs
1 dozen
|
$3.59
kr25.11
|
$5.66
kr799
|
|
| Boneless chicken breast (1 lb) |
$6.31
kr44.17
|
$7.09
kr1,002
|
|
| Apples (1 lb) |
$1.83
kr12.79
|
$1.16
kr164
|
|
| Bananas (1 lb) |
$2.06
kr14.41
|
$0.98
kr139
|
|
| Oranges (1 lb) |
$1.66
kr11.62
|
$1.17
kr166
|
|
| Tomatoes (1 lb) |
$2.32
kr16.27
|
$1.84
kr259
|
|
| Potatoes (1 lb) |
$1.53
kr10.69
|
$0.96
kr135
|
|
| Onions (1 lb) |
$1.33
kr9.30
|
$0.51
kr72
|
|
pay 22.7% more for transportation
|
Greenland
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.05
kr21.34
|
$8.03
kr1,135
|
|
| Monthly public transit pass |
$81.40
kr569.94
|
$77.40
kr10,932
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$35,062.81
kr245,502.75
|
$29,836.83
kr4,214,452
|
|
| Taxi trip in downtown area (5 miles) |
$50.95
kr356.72
|
$23.97
kr3,385
|
|
pay 4.6% less for housing
|
Greenland
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$219.60
kr1,537.60
|
$62.40
kr8,814
|
|
| 1-Bedroom apartment in downtown area |
$1,024.80
kr7,175.45
|
$1,437.14
kr202,996
|
|
| 1-Bedroom apartment outside city center |
$706.16
kr4,944.39
|
$1,215.63
kr171,707
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$167.93
kr1,175.81
|
$68.63
kr9,694
|
|
pay (unknown) more for childcare
|
Greenland
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly | ?? |
$259.34
kr36,632
|
|
| Middle school for 1 child, two semesters | ?? |
$2,750.10
kr388,451
|
pay 3.6% less for entertainment and sports
|
Greenland
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.15
kr64.07
|
$8.52
kr1,204
|
|
| Cappuccino in mid-range area |
$6.82
kr47.74
|
$4.15
kr587
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.42
kr79.95
|
$10.64
kr1,502
|
|
| Monthly membership at local gym |
$40.19
kr281.38
|
$56.90
kr8,037
|
|
| Movie ticket to theater/cinema |
$13.18
kr92.26
|
$12.27
kr1,734
|
|
pay 16.4% more for clothing
|
Greenland
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$102.48
kr717.54
|
$118.08
kr16,678
|
|
|
Regular dress
from H&M or similar store
|
$26.35
kr184.51
|
$50.39
kr7,117
|
|
|
Running shoes
Nike or Adidas
|
$204.96
kr1,435.09
|
$151.12
kr21,345
|
|
| Men's business shoes (leather) |
$204.81
kr1,434.06
|
$175.20
kr24,747
|
|
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