Cost of living comparison
Iceland is 2.3 times more expensive than Guatemala.
If you lived in Iceland instead of Guatemala, you would:
pay 2.8 times more for restaurants
Guatemala
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$5.17
GTQ40.19
|
$19.51
ISK2,708
|
|
Fast food combo meal
McDonalds, or similar
|
$6.05
GTQ47.02
|
$16.45
ISK2,283
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.18
GTQ9.13
|
$2.70
ISK375
|
|
Bottle of water (11 fl. oz) |
$0.81
GTQ6.32
|
$1.95
ISK271
|
|
pay 58.8% more for groceries
Guatemala
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$2.59
GTQ20.13
|
$3.16
ISK438
|
|
Local cheese (8 oz) |
$3.66
GTQ28.46
|
$6.72
ISK932
|
|
Milk (1 gallon) |
$6.95
GTQ53.98
|
$6.27
ISK870
|
|
Eggs
1 dozen
|
$2.21
GTQ17.17
|
$6.03
ISK837
|
|
Boneless chicken breast (1 lb) |
$3.18
GTQ24.74
|
$7.60
ISK1,055
|
|
Apples (1 lb) |
$1.50
GTQ11.67
|
$1.13
ISK156
|
|
Bananas (1 lb) |
$0.54
GTQ4.20
|
$1.01
ISK140
|
|
Oranges (1 lb) |
$1.12
GTQ8.71
|
$1.15
ISK160
|
|
Tomatoes (1 lb) |
$0.73
GTQ5.68
|
$1.71
ISK238
|
|
Potatoes (1 lb) |
$0.71
GTQ5.53
|
$1.13
ISK157
|
|
Onions (1 lb) |
$0.83
GTQ6.46
|
$0.68
ISK95
|
|
pay 3.8 times more for transportation
Guatemala
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.02
GTQ31.21
|
$8.42
ISK1,169
|
|
Monthly public transit pass |
$8.37
GTQ65.03
|
$68.29
ISK9,478
|
|
New Volkswagen Golf 1.4 (standard edition) |
$17,034.34
GTQ132,378.10
|
$39,714.69
ISK5,511,605
|
|
Taxi trip in downtown area (5 miles) |
$8.43
GTQ65.52
|
$23.23
ISK3,224
|
|
pay 2.5 times more for housing
Guatemala
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$41.52
GTQ322.63
|
$74.47
ISK10,335
|
|
1-Bedroom apartment in downtown area |
$438.88
GTQ3,410.64
|
$1,518.94
ISK210,798
|
|
1-Bedroom apartment outside city center |
$386.46
GTQ3,003.29
|
$1,325.48
ISK183,950
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$53.56
GTQ416.20
|
$66.99
ISK9,297
|
|
pay 10.3% more for childcare
Guatemala
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$192.16
GTQ1,493.36
|
$254.97
ISK35,384
|
|
Middle school for 1 child, two semesters |
$6,830.19
GTQ53,079.11
|
$5,993.83
ISK831,823
|
|
pay 2.5 times more for entertainment and sports
Guatemala
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$2.16
GTQ16.75
|
$9.37
ISK1,301
|
|
Cappuccino in mid-range area |
$2.87
GTQ22.31
|
$4.61
ISK640
|
|
Pack of cigarettes
Marlboro or similar
|
$3.48
GTQ27.01
|
$11.22
ISK1,557
|
|
Monthly membership at local gym |
$42.91
GTQ333.45
|
$60.00
ISK8,327
|
|
Movie ticket to theater/cinema |
$7.08
GTQ55.02
|
$13.94
ISK1,935
|
|
pay 62.2% more for clothing
Guatemala
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$47.26
GTQ367.24
|
$108.23
ISK15,020
|
|
Regular dress
from H&M or similar store
|
$54.69
GTQ425.02
|
$59.73
ISK8,290
|
|
Running shoes
Nike or Adidas
|
$101.79
GTQ791.01
|
$146.94
ISK20,392
|
|
Men's business shoes (leather) |
$101.91
GTQ791.94
|
$169.24
ISK23,487
|
|
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