Cost of living comparison

compared to

Bangladesh vs. Iceland Cost of Living Summary

Bangladesh is 77.0% cheaper than Iceland overall.

Restaurants: pay 87.6% less in Bangladesh
Groceries: pay 65.7% less in Bangladesh
Transportation: pay 64.7% less in Bangladesh
Housing: pay 83.9% less in Bangladesh
Childcare: pay 86.1% less in Bangladesh
Entertainment and Sports: pay 72.5% less in Bangladesh
Clothing: pay 78.3% less in Bangladesh

Expenses including restaurants, childcare, housing, clothing, entertainment and sports, and groceries are lower in Bangladesh.

Bangladesh vs. Iceland Cost Breakdown

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

Display currency: USD

pay 87.6% less for restaurants

	Iceland	Bangladesh
Basic meal with drink at inexpensive restaurant	$19.40 ISK2,407	$1.35 BDT165.06	-93.0%
Fast food combo meal McDonalds, or similar	$16.94 ISK2,102	$4.41 BDT539.18	-74.0%
Bottle of Coca-Cola (11 fl. oz)	$2.81 ISK349	$0.25 BDT31.01	-91.0%
Bottle of water (11 fl. oz)	$2.02 ISK251	$0.16 BDT18.98	-92.3%
Average			-87.6%

Iceland vs. Bangladesh - Cost of restaurants

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pay 65.7% less for groceries

	Iceland	Bangladesh
Bread 1 loaf	$2.95 ISK367	$0.52 BDT63.80	-82.4%
Local cheese (8 oz)	$7.27 ISK902	$3.80 BDT464.91	-47.7%
Milk (1 gallon)	$6.01 ISK745	$2.60 BDT318.70	-56.6%
Eggs 1 dozen	$5.42 ISK672	$1.11 BDT136.23	-79.5%
Boneless chicken breast (1 lb)	$8.51 ISK1,056	$1.00 BDT122.45	-88.2%
Apples (1 lb)	$1.22 ISK152	$0.88 BDT108.02	-27.9%
Bananas (1 lb)	$1.03 ISK127	$0.35 BDT42.93	-65.8%
Oranges (1 lb)	$1.17 ISK145	$0.80 BDT97.89	-31.7%
Tomatoes (1 lb)	$1.87 ISK232	$0.26 BDT32.23	-85.9%
Potatoes (1 lb)	$1.23 ISK153	$0.14 BDT16.78	-88.9%
Onions (1 lb)	$0.78 ISK97	$0.25 BDT30.59	-68.1%
Average			-65.7%

Iceland vs. Bangladesh - Cost of groceries

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pay 64.7% less for transportation

	Iceland	Bangladesh
Gasoline (1 gallon)	$8.36 ISK1,038	$3.68 BDT450.54	-56.0%
Monthly public transit pass	$71.28 ISK8,846	$12.31 BDT1,505.80	-82.7%
New Volkswagen Golf 1.4 (standard edition)	$40,660.66 ISK5,045,988	$25,789.60 BDT3,155,825.37	-36.6%
Taxi trip in downtown area (5 miles)	$22.04 ISK2,735	$3.61 BDT441.53	-83.6%
Average			-64.7%

Iceland vs. Bangladesh - Cost of transportation

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pay 83.9% less for housing

	Iceland	Bangladesh
Internet connection 50 mbps or faster, cable/dsl	$72.17 ISK8,957	$15.51 BDT1,897.76	-78.5%
1-Bedroom apartment in downtown area	$1,838.04 ISK228,101	$75.62 BDT9,253.68	-95.9%
1-Bedroom apartment outside city center	$1,497.77 ISK185,873	$47.62 BDT5,826.91	-96.8%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$58.01 ISK7,200	$20.70 BDT2,532.70	-64.3%
Average			-83.9%

Iceland vs. Bangladesh - Cost of housing

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pay 86.1% less for childcare

	Iceland	Bangladesh
Private preschool for 1 child, monthly	$258.16 ISK32,038	$30.22 BDT3,698.44	-88.3%
Middle school for 1 child, two semesters	$5,993.99 ISK743,855	$962.19 BDT117,740.98	-83.9%
Average			-86.1%

Iceland vs. Bangladesh - Cost of childcare

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pay 72.5% less for entertainment and sports

	Iceland	Bangladesh
Domestic/local beer (1 pint)	$9.19 ISK1,140	$3.80 BDT465.54	-58.6%
Cappuccino in mid-range area	$4.65 ISK577	$1.37 BDT168.12	-70.4%
Pack of cigarettes Marlboro or similar	$11.76 ISK1,459	$2.59 BDT316.95	-78.0%
Monthly membership at local gym	$61.46 ISK7,627	$11.68 BDT1,429.74	-81.0%
Movie ticket to theater/cinema	$14.35 ISK1,781	$3.67 BDT449.49	-74.4%
Average			-72.5%

Iceland vs. Bangladesh - Cost of entertainment and sports

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pay 78.3% less for clothing

	Iceland	Bangladesh
Regular jeans Levi's brand	$111.23 ISK13,804	$17.35 BDT2,123.20	-84.4%
Regular dress from H&M or similar store	$59.69 ISK7,407	$16.87 BDT2,064.91	-71.7%
Running shoes Nike or Adidas	$148.00 ISK18,367	$36.90 BDT4,515.26	-75.1%
Men's business shoes (leather)	$184.49 ISK22,896	$33.09 BDT4,048.62	-82.1%
Average			-78.3%

Iceland vs. Bangladesh - Cost of clothing

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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: June 2025

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