Cost of living comparison
Iceland is 2.4 times more expensive than Guyana.
If you lived in Iceland instead of Guyana, you would:
pay 2.4 times more for restaurants
|
Guyana
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$7.09
$1,478
|
$17.84
kr2,434
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.09
$1,478
|
$14.27
kr1,947
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.19
$249
|
$2.32
kr316
|
|
| Bottle of water (11 fl. oz) |
$0.64
$133
|
$2.12
kr290
|
|
pay 41.1% more for groceries
|
Guyana
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.49
$312
|
$3.42
kr467
|
|
| Local cheese (8 oz) |
$4.89
$1,019
|
$5.98
kr816
|
|
| Milk (1 gallon) |
$12.79
$2,667
|
$5.33
kr727
|
|
|
Eggs
1 dozen
|
$2.90
$605
|
$5.66
kr772
|
|
| Boneless chicken breast (1 lb) |
$2.49
$520
|
$7.09
kr968
|
|
| Apples (1 lb) |
$2.30
$479
|
$1.16
kr159
|
|
| Bananas (1 lb) |
$1.03
$215
|
$0.98
kr134
|
|
| Oranges (1 lb) |
$1.48
$309
|
$1.17
kr160
|
|
| Tomatoes (1 lb) |
$0.86
$178
|
$1.84
kr251
|
|
| Potatoes (1 lb) |
$0.63
$131
|
$0.96
kr131
|
|
| Onions (1 lb) |
$0.58
$121
|
$0.51
kr70
|
|
pay 87.7% more for transportation
|
Guyana
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.78
$788
|
$8.03
kr1,096
|
|
| Monthly public transit pass |
$33.09
$6,899
|
$77.40
kr10,562
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$15,600.24
$3,252,174
|
$29,836.83
kr4,071,534
|
|
| Taxi trip in downtown area (5 miles) |
$21.27
$4,435
|
$23.97
kr3,271
|
|
pay 2.9 times more for housing
|
Guyana
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$59.56
$12,417
|
$62.40
kr8,515
|
|
| 1-Bedroom apartment in downtown area |
$360.46
$75,145
|
$1,437.14
kr196,112
|
|
| 1-Bedroom apartment outside city center |
$228.98
$47,736
|
$1,215.63
kr165,884
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$60.66
$12,645
|
$68.63
kr9,365
|
|
pay 2.8 times more for childcare
|
Guyana
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$94.55
$19,710
|
$259.34
kr35,390
|
|
| Middle school for 1 child, two semesters |
$954.92
$199,072
|
$2,750.10
kr375,278
|
|
pay 2.7 times more for entertainment and sports
|
Guyana
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.36
$493
|
$8.52
kr1,163
|
|
| Cappuccino in mid-range area |
$3.43
$714
|
$4.15
kr567
|
|
|
Pack of cigarettes
Marlboro or similar
|
$2.36
$493
|
$10.64
kr1,451
|
|
| Monthly membership at local gym |
$28.36
$5,913
|
$56.90
kr7,765
|
|
| Movie ticket to theater/cinema |
$6.15
$1,281
|
$12.27
kr1,675
|
|
pay 2.6 times more for clothing
|
Guyana
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$26.39
$5,502
|
$118.08
kr16,113
|
|
|
Regular dress
from H&M or similar store
|
$46.49
$9,691
|
$50.39
kr6,876
|
|
|
Running shoes
Nike or Adidas
|
$70.91
$14,783
|
$151.12
kr20,621
|
|
| Men's business shoes (leather) |
$62.24
$12,976
|
$175.20
kr23,907
|
|
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