Cost of living comparison
Iceland is 31.8% cheaper than Hamilton.
If you lived in Iceland instead of Hamilton, you would:
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
|
|
Bottle of water (11 fl. oz) |
$2.75
BMD2.75
|
$1.95
ISK269
|
|
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
|
|
Eggs
1 dozen
|
$8.10
BMD8.10
|
$6.03
ISK829
|
|
Boneless chicken breast (1 lb) |
$9.59
BMD9.59
|
$7.60
ISK1,045
|
|
Apples (1 lb) |
$5.20
BMD5.20
|
$1.13
ISK155
|
|
Bananas (1 lb) |
$3.20
BMD3.20
|
$1.01
ISK139
|
|
Oranges (1 lb) |
$4.74
BMD4.74
|
$1.15
ISK159
|
|
Tomatoes (1 lb) |
$4.36
BMD4.36
|
$1.71
ISK235
|
|
Potatoes (1 lb) |
$3.84
BMD3.84
|
$1.13
ISK155
|
|
Onions (1 lb) |
$2.84
BMD2.84
|
$0.68
ISK94
|
|
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
|
|
Taxi trip in downtown area (5 miles) |
$36.38
BMD36.38
|
$23.23
ISK3,193
|
|
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
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$199.60
BMD199.60
|
$66.99
ISK9,208
|
|
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
|
|
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
|
|
Monthly membership at local gym |
$172.00
BMD172.00
|
$60.00
ISK8,247
|
|
Movie ticket to theater/cinema |
$13.00
BMD13.00
|
$13.94
ISK1,916
|
|
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
|
|
Men's business shoes (leather) |
$133.83
BMD133.83
|
$169.24
ISK23,262
|
|
Change currency:
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Iceland or Hamilton. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.