Cost of living comparison
Iceland is 5.0 times more expensive than Ibague.
If you lived in Iceland instead of Ibague, you would:
pay 5.2 times more for restaurants
Ibague
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$2.20
COP8,543.92
|
$17.84
ISK2,489
|
|
Fast food combo meal
McDonalds, or similar
|
$4.18
COP16,233.45
|
$14.27
ISK1,991
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.66
COP2,563.18
|
$2.32
ISK323
|
|
Bottle of water (11 fl. oz) |
$0.37
COP1,423.99
|
$2.12
ISK296
|
|
pay 3.6 times more for groceries
Ibague
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$0.87
COP3,388.87
|
$3.42
ISK478
|
|
Local cheese (8 oz) |
$1.73
COP6,724.57
|
$5.98
ISK835
|
|
Milk (1 gallon) |
$3.02
COP11,740.24
|
$5.33
ISK743
|
|
Eggs
1 dozen
|
$1.75
COP6,806.66
|
$5.66
ISK790
|
|
Boneless chicken breast (1 lb) |
$1.21
COP4,689.31
|
$7.09
ISK990
|
|
Apples (1 lb) |
$0.74
COP2,877.09
|
$1.16
ISK162
|
|
Bananas (1 lb) |
$0.23
COP878.69
|
$0.98
ISK137
|
|
Oranges (1 lb) |
$0.20
COP775.99
|
$1.17
ISK163
|
|
Tomatoes (1 lb) |
$0.33
COP1,289.93
|
$1.84
ISK256
|
|
Potatoes (1 lb) |
$0.35
COP1,365.95
|
$0.96
ISK134
|
|
Onions (1 lb) |
$0.44
COP1,729.21
|
$0.51
ISK71
|
|
pay 2.9 times more for transportation
Ibague
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$2.51
COP9,757.48
|
$8.03
ISK1,121
|
|
Monthly public transit pass |
$21.54
COP83,730.41
|
$77.40
ISK10,800
|
|
New Volkswagen Golf 1.4 (standard edition) |
$13,739.25
COP53,399,495.05
|
$29,836.83
ISK4,163,431
|
|
Taxi trip in downtown area (5 miles) |
$8.73
COP33,928.37
|
$23.97
ISK3,344
|
|
pay 7.6 times more for housing
Ibague
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$16.12
COP62,655.41
|
$62.40
ISK8,708
|
|
1-Bedroom apartment in downtown area |
$115.41
COP448,555.76
|
$1,437.14
ISK200,539
|
|
1-Bedroom apartment outside city center |
$109.91
COP427,195.96
|
$1,215.63
ISK169,628
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$22.98
COP89,326.90
|
$68.63
ISK9,577
|
|
pay 7.2 times more for childcare
Ibague
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$21.98
COP85,439.19
|
$259.34
ISK36,189
|
|
Middle school for 1 child, two semesters |
$1,099.14
COP4,271,959.60
|
$2,750.10
ISK383,749
|
|
pay 5.6 times more for entertainment and sports
Ibague
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$0.77
COP2,990.37
|
$8.52
ISK1,189
|
|
Cappuccino in mid-range area |
$1.06
COP4,129.56
|
$4.15
ISK579
|
|
Pack of cigarettes
Marlboro or similar
|
$3.30
COP12,815.88
|
$10.64
ISK1,484
|
|
Monthly membership at local gym |
$14.29
COP55,535.47
|
$56.90
ISK7,940
|
|
Movie ticket to theater/cinema |
$2.20
COP8,543.92
|
$12.27
ISK1,713
|
|
pay 3.1 times more for clothing
Ibague
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$49.24
COP191,383.79
|
$118.08
ISK16,476
|
|
Regular dress
from H&M or similar store
|
$28.58
COP111,070.95
|
$50.39
ISK7,031
|
|
Running shoes
Nike or Adidas
|
$103.32
COP401,564.20
|
$151.12
ISK21,087
|
|
Men's business shoes (leather) |
$26.38
COP102,527.03
|
$175.20
ISK24,447
|
|
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