Cost of living comparison
Bolivia is 46.7% cheaper than Iceland.
If you lived in Bolivia instead of Iceland, you would:
pay 64.5% less for restaurants
Iceland
|
Bolivia
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$17.84
kr2,519
|
$3.44
Bs23.74
|
|
Fast food combo meal
McDonalds, or similar
|
$14.27
kr2,015
|
$6.51
Bs44.99
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.32
kr327
|
$0.97
Bs6.71
|
|
Bottle of water (11 fl. oz) |
$2.12
kr300
|
$0.75
Bs5.18
|
|
pay 48.6% less for groceries
Iceland
|
Bolivia
|
||
---|---|---|---|
Bread
1 loaf
|
$3.42
kr484
|
$1.28
Bs8.82
|
|
Local cheese (8 oz) |
$5.98
kr845
|
$2.45
Bs16.96
|
|
Milk (1 gallon) |
$5.33
kr752
|
$3.60
Bs24.89
|
|
Eggs
1 dozen
|
$5.66
kr799
|
$1.54
Bs10.64
|
|
Boneless chicken breast (1 lb) |
$7.09
kr1,002
|
$1.77
Bs12.21
|
|
Apples (1 lb) |
$1.16
kr164
|
$0.98
Bs6.77
|
|
Bananas (1 lb) |
$0.98
kr139
|
$0.47
Bs3.24
|
|
Oranges (1 lb) |
$1.17
kr166
|
$0.51
Bs3.55
|
|
Tomatoes (1 lb) |
$1.84
kr259
|
$0.60
Bs4.17
|
|
Potatoes (1 lb) |
$0.96
kr135
|
$0.55
Bs3.83
|
|
Onions (1 lb) |
$0.51
kr72
|
$0.52
Bs3.58
|
|
pay 54.8% less for transportation
Iceland
|
Bolivia
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.03
kr1,135
|
$2.03
Bs14.00
|
|
Monthly public transit pass |
$77.40
kr10,932
|
$31.11
Bs214.95
|
|
New Volkswagen Golf 1.4 (standard edition) |
$29,836.83
kr4,214,452
|
$15,452.82
Bs106,774.38
|
|
Taxi trip in downtown area (5 miles) |
$23.97
kr3,385
|
$15.23
Bs105.22
|
|
pay 58.5% less for housing
Iceland
|
Bolivia
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$62.40
kr8,814
|
$52.88
Bs365.36
|
|
1-Bedroom apartment in downtown area |
$1,437.14
kr202,996
|
$306.54
Bs2,118.11
|
|
1-Bedroom apartment outside city center |
$1,215.63
kr171,707
|
$213.11
Bs1,472.50
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$68.63
kr9,694
|
$29.25
Bs202.14
|
|
pay 1.0% less for childcare
Iceland
|
Bolivia
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$259.34
kr36,632
|
$170.51
Bs1,178.19
|
|
Middle school for 1 child, two semesters |
$2,750.10
kr388,451
|
$3,636.74
Bs25,128.80
|
|
pay 51.6% less for entertainment and sports
Iceland
|
Bolivia
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$8.52
kr1,204
|
$2.13
Bs14.75
|
|
Cappuccino in mid-range area |
$4.15
kr587
|
$2.36
Bs16.33
|
|
Pack of cigarettes
Marlboro or similar
|
$10.64
kr1,502
|
$2.73
Bs18.89
|
|
Monthly membership at local gym |
$56.90
kr8,037
|
$41.42
Bs286.18
|
|
Movie ticket to theater/cinema |
$12.27
kr1,734
|
$7.53
Bs52.04
|
|
pay 48.2% less for clothing
Iceland
|
Bolivia
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$118.08
kr16,678
|
$41.05
Bs283.62
|
|
Regular dress
from H&M or similar store
|
$50.39
kr7,117
|
$48.50
Bs335.10
|
|
Running shoes
Nike or Adidas
|
$151.12
kr21,345
|
$65.57
Bs453.09
|
|
Men's business shoes (leather) |
$175.20
kr24,747
|
$57.30
Bs395.92
|
|
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