Cost of living comparison
Iceland is 90.2% more expensive than Grenada.
If you lived in Iceland instead of Grenada, you would:
pay 88.0% more for restaurants
|
Grenada
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$7.51
EC$20.30
|
$19.51
ISK2,678
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.05
EC$21.77
|
$16.45
ISK2,257
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.79
EC$4.85
|
$2.70
ISK371
|
|
| Bottle of water (11 fl. oz) |
$1.42
EC$3.85
|
$1.95
ISK268
|
|
pay 29.5% more for groceries
|
Grenada
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.43
EC$3.86
|
$3.16
ISK433
|
|
| Local cheese (8 oz) |
$7.60
EC$20.55
|
$6.72
ISK922
|
|
| Milk (1 gallon) |
$9.00
EC$24.33
|
$6.27
ISK861
|
|
|
Eggs
1 dozen
|
$3.42
EC$9.25
|
$6.03
ISK828
|
|
| Boneless chicken breast (1 lb) |
$3.41
EC$9.21
|
$7.60
ISK1,043
|
|
| Apples (1 lb) |
$2.48
EC$6.70
|
$1.13
ISK155
|
|
| Bananas (1 lb) |
$0.79
EC$2.13
|
$1.01
ISK138
|
|
| Oranges (1 lb) |
$1.01
EC$2.73
|
$1.15
ISK158
|
|
| Tomatoes (1 lb) |
$1.17
EC$3.15
|
$1.71
ISK235
|
|
| Potatoes (1 lb) |
$0.89
EC$2.41
|
$1.13
ISK155
|
|
| Onions (1 lb) |
$0.80
EC$2.17
|
$0.68
ISK94
|
|
pay 33.8% more for transportation
|
Grenada
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$5.17
EC$13.97
|
$8.42
ISK1,156
|
|
| Monthly public transit pass |
$37.55
EC$101.48
|
$68.29
ISK9,373
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$22,828.86
EC$61,696.13
|
$39,714.69
ISK5,450,444
|
|
| Taxi trip in downtown area (5 miles) |
$142.90
EC$386.20
|
$23.23
ISK3,188
|
|
pay 2.1 times more for housing
|
Grenada
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$42.48
EC$114.81
|
$74.47
ISK10,221
|
|
| 1-Bedroom apartment in downtown area |
$589.18
EC$1,592.30
|
$1,518.94
ISK208,459
|
|
| 1-Bedroom apartment outside city center |
$362.62
EC$980.01
|
$1,325.48
ISK181,909
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$140.10
EC$378.64
|
$66.99
ISK9,194
|
|
pay 2.6 times more for childcare
|
Grenada
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$201.91
EC$545.67
|
$254.97
ISK34,992
|
|
| Middle school for 1 child, two semesters |
$1,492.11
EC$4,032.51
|
$5,993.83
ISK822,593
|
|
pay 2.2 times more for entertainment and sports
|
Grenada
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.29
EC$6.18
|
$9.37
ISK1,287
|
|
| Cappuccino in mid-range area |
$3.88
EC$10.49
|
$4.61
ISK633
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.68
EC$9.95
|
$11.22
ISK1,539
|
|
| Monthly membership at local gym |
$42.99
EC$116.19
|
$60.00
ISK8,235
|
|
| Movie ticket to theater/cinema |
$9.90
EC$26.77
|
$13.94
ISK1,913
|
|
pay 81.8% more for clothing
|
Grenada
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$67.38
EC$182.08
|
$108.23
ISK14,854
|
|
|
Regular dress
from H&M or similar store
|
$43.97
EC$118.83
|
$59.73
ISK8,198
|
|
|
Running shoes
Nike or Adidas
|
$59.37
EC$160.46
|
$146.94
ISK20,166
|
|
| Men's business shoes (leather) |
$92.35
EC$249.58
|
$169.24
ISK23,226
|
|
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