Cost of living comparison
Iceland is 34.3% cheaper than Hamilton.
If you lived in Iceland instead of Hamilton, you would:
pay 24.6% less for restaurants
Hamilton
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$36.50
$36.50
|
$17.84
kr2,519
|
|
Fast food combo meal
McDonalds, or similar
|
$15.00
$15.00
|
$14.27
kr2,015
|
|
Bottle of Coca-Cola (11 fl. oz) |
$3.00
$3.00
|
$2.32
kr327
|
|
Bottle of water (11 fl. oz) |
$2.64
$2.64
|
$2.12
kr300
|
|
pay 55.6% less for groceries
Hamilton
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$7.15
$7.15
|
$3.42
kr484
|
|
Local cheese (8 oz) |
$7.10
$7.10
|
$5.98
kr845
|
|
Milk (1 gallon) |
$15.74
$15.74
|
$5.33
kr752
|
|
Eggs
1 dozen
|
$6.84
$6.84
|
$5.66
kr799
|
|
Boneless chicken breast (1 lb) |
$9.56
$9.56
|
$7.09
kr1,002
|
|
Apples (1 lb) |
$5.61
$5.61
|
$1.16
kr164
|
|
Bananas (1 lb) |
$3.10
$3.10
|
$0.98
kr139
|
|
Oranges (1 lb) |
$4.74
$4.74
|
$1.17
kr166
|
|
Tomatoes (1 lb) |
$4.03
$4.03
|
$1.84
kr259
|
|
Potatoes (1 lb) |
$3.84
$3.84
|
$0.96
kr135
|
|
Onions (1 lb) |
$2.84
$2.84
|
$0.51
kr72
|
|
pay 9.6% less for transportation
Hamilton
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.74
$8.74
|
$8.03
kr1,135
|
|
Monthly public transit pass |
$69.00
$69.00
|
$77.40
kr10,932
|
|
New Volkswagen Golf 1.4 (standard edition) |
$38,000.00
$38,000.00
|
$29,836.83
kr4,214,452
|
|
Taxi trip in downtown area (5 miles) |
$30.25
$30.25
|
$23.97
kr3,385
|
|
pay 51.9% less for housing
Hamilton
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$128.22
$128.22
|
$62.40
kr8,814
|
|
1-Bedroom apartment in downtown area |
$3,125.00
$3,125.00
|
$1,437.14
kr202,996
|
|
1-Bedroom apartment outside city center |
$2,042.86
$2,042.86
|
$1,215.63
kr171,707
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$178.50
$178.50
|
$68.63
kr9,694
|
|
pay 83.4% less for childcare
Hamilton
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$1,184.67
$1,184.67
|
$259.34
kr36,632
|
|
Middle school for 1 child, two semesters |
$24,375.00
$24,375.00
|
$2,750.10
kr388,451
|
|
pay 31.3% less for entertainment and sports
Hamilton
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$10.00
$10.00
|
$8.52
kr1,204
|
|
Cappuccino in mid-range area |
$6.00
$6.00
|
$4.15
kr587
|
|
Pack of cigarettes
Marlboro or similar
|
$17.62
$17.62
|
$10.64
kr1,502
|
|
Monthly membership at local gym |
$165.56
$165.56
|
$56.90
kr8,037
|
|
Movie ticket to theater/cinema |
$13.00
$13.00
|
$12.27
kr1,734
|
|
pay 16.6% more for clothing
Hamilton
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$90.75
$90.75
|
$118.08
kr16,678
|
|
Regular dress
from H&M or similar store
|
$57.00
$57.00
|
$50.39
kr7,117
|
|
Running shoes
Nike or Adidas
|
$140.62
$140.62
|
$151.12
kr21,345
|
|
Men's business shoes (leather) |
$124.75
$124.75
|
$175.20
kr24,747
|
|
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