Cost of living comparison

compared to

Iceland is 31.8% cheaper than Hamilton.

If you lived in Iceland instead of Hamilton, you would:

Display currency: USD

pay 23.9% less for restaurants

 
Hamilton
Iceland
Basic meal with drink at inexpensive restaurant $50.00
BMD50.00
$19.51
ISK2,682
Fast food combo meal
McDonalds, or similar
$15.00
BMD15.00
$16.45
ISK2,261
Bottle of Coca-Cola (11 fl. oz) $3.19
BMD3.19
$2.70
ISK372

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pay 56.0% less for groceries

 
Hamilton
Iceland
Bread
1 loaf
$8.20
BMD8.20
$3.16
ISK434
Local cheese (8 oz) $8.11
BMD8.11
$6.72
ISK923
Milk (1 gallon) $16.07
BMD16.07
$6.27
ISK862

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pay 8.1% less for transportation

 
Hamilton
Iceland
Gasoline (1 gallon) $8.77
BMD8.77
$8.42
ISK1,157
Monthly public transit pass $69.00
BMD69.00
$68.29
ISK9,387
New Volkswagen Golf 1.4 (standard edition) $36,500.00
BMD36,500.00
$39,714.69
ISK5,458,784

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pay 52.0% less for housing

 
Hamilton
Iceland
Internet connection
50 mbps or faster, cable/dsl
$138.75
BMD138.75
$74.47
ISK10,236
1-Bedroom apartment in downtown area $3,411.11
BMD3,411.11
$1,518.94
ISK208,778
1-Bedroom apartment outside city center $2,200.00
BMD2,200.00
$1,325.48
ISK182,187

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pay 77.8% less for childcare

 
Hamilton
Iceland
Private preschool for 1 child, monthly $1,268.00
BMD1,268.00
$254.97
ISK35,045
Middle school for 1 child, two semesters $24,555.56
BMD24,555.56
$5,993.83
ISK823,851

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pay 23.8% less for entertainment and sports

 
Hamilton
Iceland
Domestic/local beer (1 pint) $10.00
BMD10.00
$9.37
ISK1,288
Cappuccino in mid-range area $5.68
BMD5.68
$4.61
ISK634
Pack of cigarettes
Marlboro or similar
$17.50
BMD17.50
$11.22
ISK1,542

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pay 18.8% more for clothing

 
Hamilton
Iceland
Regular jeans
Levi's brand
$75.00
BMD75.00
$108.23
ISK14,877
Regular dress
from H&M or similar store
$60.00
BMD60.00
$59.73
ISK8,210
Running shoes
Nike or Adidas
$140.00
BMD140.00
$146.94
ISK20,197

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: November 2024
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