Cost of living comparison
Baku is 46.1% cheaper than Iceland.
If you lived in Baku instead of Iceland, you would:
pay 71.7% less for restaurants
Iceland
|
Baku
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$17.84
ISK2,489
|
$5.88
AZN10.00
|
|
Fast food combo meal
McDonalds, or similar
|
$14.27
ISK1,991
|
$5.88
AZN10.00
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.32
ISK323
|
$0.56
AZN0.95
|
|
Bottle of water (11 fl. oz) |
$2.12
ISK296
|
$0.31
AZN0.53
|
|
pay 55.2% less for groceries
Iceland
|
Baku
|
||
---|---|---|---|
Bread
1 loaf
|
$3.42
ISK478
|
$0.44
AZN0.74
|
|
Local cheese (8 oz) |
$5.98
ISK835
|
$2.40
AZN4.08
|
|
Milk (1 gallon) |
$5.33
ISK743
|
$5.06
AZN8.60
|
|
Eggs
1 dozen
|
$5.66
ISK790
|
$1.49
AZN2.53
|
|
Boneless chicken breast (1 lb) |
$7.09
ISK990
|
$2.02
AZN3.43
|
|
Apples (1 lb) |
$1.16
ISK162
|
$0.48
AZN0.82
|
|
Bananas (1 lb) |
$0.98
ISK137
|
$0.72
AZN1.22
|
|
Oranges (1 lb) |
$1.17
ISK163
|
$0.68
AZN1.15
|
|
Tomatoes (1 lb) |
$1.84
ISK256
|
$0.68
AZN1.16
|
|
Potatoes (1 lb) |
$0.96
ISK134
|
$0.34
AZN0.57
|
|
Onions (1 lb) |
$0.51
ISK71
|
$0.23
AZN0.40
|
|
pay 64.5% less for transportation
Iceland
|
Baku
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.03
ISK1,121
|
$2.40
AZN4.07
|
|
Monthly public transit pass |
$77.40
ISK10,800
|
$15.22
AZN25.87
|
|
New Volkswagen Golf 1.4 (standard edition) |
$29,836.83
ISK4,163,431
|
$20,588.24
AZN35,000.00
|
|
Taxi trip in downtown area (5 miles) |
$23.97
ISK3,344
|
$5.65
AZN9.60
|
|
pay 69.2% less for housing
Iceland
|
Baku
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$62.40
ISK8,708
|
$15.40
AZN26.18
|
|
1-Bedroom apartment in downtown area |
$1,437.14
ISK200,539
|
$344.95
AZN586.42
|
|
1-Bedroom apartment outside city center |
$1,215.63
ISK169,628
|
$206.98
AZN351.87
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$68.63
ISK9,577
|
$39.58
AZN67.29
|
|
pay 37.8% more for childcare
Iceland
|
Baku
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$259.34
ISK36,189
|
$201.02
AZN341.74
|
|
Middle school for 1 child, two semesters |
$2,750.10
ISK383,749
|
$5,449.15
AZN9,263.56
|
|
pay 57.1% less for entertainment and sports
Iceland
|
Baku
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$8.52
ISK1,189
|
$1.35
AZN2.30
|
|
Cappuccino in mid-range area |
$4.15
ISK579
|
$3.01
AZN5.12
|
|
Pack of cigarettes
Marlboro or similar
|
$10.64
ISK1,484
|
$2.94
AZN5.00
|
|
Monthly membership at local gym |
$56.90
ISK7,940
|
$34.19
AZN58.13
|
|
Movie ticket to theater/cinema |
$12.27
ISK1,713
|
$4.71
AZN8.00
|
|
pay 43.1% less for clothing
Iceland
|
Baku
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$118.08
ISK16,476
|
$44.85
AZN76.24
|
|
Regular dress
from H&M or similar store
|
$50.39
ISK7,031
|
$42.45
AZN72.17
|
|
Running shoes
Nike or Adidas
|
$151.12
ISK21,087
|
$102.17
AZN173.70
|
|
Men's business shoes (leather) |
$175.20
ISK24,447
|
$66.07
AZN112.31
|
|
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