Cost of living comparison
Iceland is 90.4% more expensive than Guyana.
If you lived in Iceland instead of Guyana, you would:
pay 2.2 times more for restaurants
|
Guyana
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$11.88
GYD2,480.70
|
$19.40
ISK2,665
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.55
GYD1,786.11
|
$16.94
ISK2,327
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.21
GYD253.03
|
$2.81
ISK386
|
|
| Bottle of water (11 fl. oz) |
$0.71
GYD148.84
|
$2.02
ISK278
|
|
pay 26.2% more for groceries
|
Guyana
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.01
GYD418.89
|
$2.95
ISK406
|
|
| Local cheese (8 oz) |
$5.36
GYD1,118.56
|
$7.27
ISK998
|
|
| Milk (1 gallon) |
$12.31
GYD2,571.02
|
$6.01
ISK825
|
|
|
Eggs
1 dozen
|
$3.41
GYD711.14
|
$5.42
ISK744
|
|
| Boneless chicken breast (1 lb) |
$2.63
GYD548.83
|
$8.51
ISK1,169
|
|
| Apples (1 lb) |
$1.78
GYD372.25
|
$1.22
ISK168
|
|
| Bananas (1 lb) |
$1.20
GYD251.44
|
$1.03
ISK141
|
|
| Oranges (1 lb) |
$1.70
GYD354.63
|
$1.17
ISK161
|
|
| Tomatoes (1 lb) |
$2.05
GYD427.19
|
$1.87
ISK257
|
|
| Potatoes (1 lb) |
$0.71
GYD147.55
|
$1.23
ISK170
|
|
| Onions (1 lb) |
$0.93
GYD194.45
|
$0.78
ISK108
|
|
pay 98.6% more for transportation
|
Guyana
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.00
GYD835.75
|
$8.36
ISK1,149
|
|
| Monthly public transit pass |
$28.51
GYD5,953.69
|
$71.28
ISK9,792
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$15,680.67
GYD3,274,528.61
|
$40,660.66
ISK5,585,962
|
|
| Taxi trip in downtown area (5 miles) |
$28.99
GYD6,052.92
|
$22.04
ISK3,027
|
|
pay 2.6 times more for housing
|
Guyana
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$61.18
GYD12,775.62
|
$72.17
ISK9,915
|
|
| 1-Bedroom apartment in downtown area |
$617.07
GYD128,860.99
|
$1,838.04
ISK252,510
|
|
| 1-Bedroom apartment outside city center |
$281.14
GYD58,709.98
|
$1,497.77
ISK205,764
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$61.00
GYD12,738.41
|
$58.01
ISK7,970
|
|
pay 72.4% less for childcare
|
Guyana
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$876.83
GYD183,105.06
|
$258.16
ISK35,467
|
|
| Middle school for 1 child, two semesters |
$23,225.94
GYD4,850,177.59
|
$5,993.99
ISK823,455
|
|
pay 3.0 times more for entertainment and sports
|
Guyana
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.14
GYD446.53
|
$9.19
ISK1,262
|
|
| Cappuccino in mid-range area |
$3.88
GYD810.36
|
$4.65
ISK639
|
|
|
Pack of cigarettes
Marlboro or similar
|
$2.19
GYD456.45
|
$11.76
ISK1,615
|
|
| Monthly membership at local gym |
$38.81
GYD8,103.63
|
$61.46
ISK8,443
|
|
| Movie ticket to theater/cinema |
$5.94
GYD1,240.35
|
$14.35
ISK1,971
|
|
pay 2.0 times more for clothing
|
Guyana
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$38.01
GYD7,938.25
|
$111.23
ISK15,281
|
|
|
Regular dress
from H&M or similar store
|
$52.27
GYD10,915.10
|
$59.69
ISK8,200
|
|
|
Running shoes
Nike or Adidas
|
$83.63
GYD17,464.15
|
$148.00
ISK20,332
|
|
| Men's business shoes (leather) |
$80.78
GYD16,868.78
|
$184.49
ISK25,346
|
|
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