Cost of living comparison
Colombia is 61.5% cheaper than Iceland.
If you lived in Colombia instead of Iceland, you would:
pay 75.1% less for restaurants
Iceland
|
Colombia
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$17.84
kr2,439
|
$2.71
$10,522
|
|
Fast food combo meal
McDonalds, or similar
|
$14.27
kr1,951
|
$5.26
$20,425
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.32
kr317
|
$0.60
$2,337
|
|
Bottle of water (11 fl. oz) |
$2.12
kr290
|
$0.46
$1,782
|
|
pay 62.1% less for groceries
Iceland
|
Colombia
|
||
---|---|---|---|
Bread
1 loaf
|
$3.42
kr468
|
$0.87
$3,390
|
|
Local cheese (8 oz) |
$5.98
kr818
|
$1.61
$6,254
|
|
Milk (1 gallon) |
$5.33
kr728
|
$3.28
$12,726
|
|
Eggs
1 dozen
|
$5.66
kr774
|
$1.65
$6,411
|
|
Boneless chicken breast (1 lb) |
$7.09
kr970
|
$1.55
$6,041
|
|
Apples (1 lb) |
$1.16
kr159
|
$0.83
$3,229
|
|
Bananas (1 lb) |
$0.98
kr134
|
$0.29
$1,141
|
|
Oranges (1 lb) |
$1.17
kr160
|
$0.37
$1,428
|
|
Tomatoes (1 lb) |
$1.84
kr251
|
$0.40
$1,539
|
|
Potatoes (1 lb) |
$0.96
kr131
|
$0.30
$1,180
|
|
Onions (1 lb) |
$0.51
kr70
|
$0.33
$1,299
|
|
pay 62.0% less for transportation
Iceland
|
Colombia
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.03
kr1,099
|
$2.04
$7,908
|
|
Monthly public transit pass |
$77.40
kr10,584
|
$23.61
$91,738
|
|
New Volkswagen Golf 1.4 (standard edition) |
$29,836.83
kr4,080,131
|
$14,617.95
$56,789,953
|
|
Taxi trip in downtown area (5 miles) |
$23.97
kr3,277
|
$11.28
$43,822
|
|
pay 67.2% less for housing
Iceland
|
Colombia
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$62.40
kr8,533
|
$21.37
$83,037
|
|
1-Bedroom apartment in downtown area |
$1,437.14
kr196,527
|
$208.57
$810,280
|
|
1-Bedroom apartment outside city center |
$1,215.63
kr166,234
|
$176.18
$684,461
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$68.63
kr9,385
|
$46.64
$181,193
|
|
pay 25.3% less for childcare
Iceland
|
Colombia
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$259.34
kr35,465
|
$104.33
$405,334
|
|
Middle school for 1 child, two semesters |
$2,750.10
kr376,071
|
$3,004.13
$11,670,872
|
|
pay 77.4% less for entertainment and sports
Iceland
|
Colombia
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$8.52
kr1,165
|
$0.90
$3,480
|
|
Cappuccino in mid-range area |
$4.15
kr568
|
$1.21
$4,684
|
|
Pack of cigarettes
Marlboro or similar
|
$10.64
kr1,454
|
$1.90
$7,370
|
|
Monthly membership at local gym |
$56.90
kr7,781
|
$18.34
$71,253
|
|
Movie ticket to theater/cinema |
$12.27
kr1,678
|
$2.91
$11,318
|
|
pay 61.5% less for clothing
Iceland
|
Colombia
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$118.08
kr16,147
|
$40.50
$157,331
|
|
Regular dress
from H&M or similar store
|
$50.39
kr6,891
|
$27.32
$106,154
|
|
Running shoes
Nike or Adidas
|
$151.12
kr20,665
|
$60.30
$234,248
|
|
Men's business shoes (leather) |
$175.20
kr23,958
|
$45.16
$175,437
|
|
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