Cost of living comparison
Cyprus is 11.9% cheaper than Iceland.
If you lived in Cyprus instead of Iceland, you would:
pay 37.8% less for restaurants
Iceland
|
Cyprus
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$17.84
kr2,439
|
$12.09
€11.14
|
|
Fast food combo meal
McDonalds, or similar
|
$14.27
kr1,951
|
$7.53
€6.93
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.32
kr317
|
$1.90
€1.75
|
|
Bottle of water (11 fl. oz) |
$2.12
kr290
|
$0.98
€0.90
|
|
pay 31.4% less for groceries
Iceland
|
Cyprus
|
||
---|---|---|---|
Bread
1 loaf
|
$3.42
kr468
|
$1.69
€1.55
|
|
Local cheese (8 oz) |
$5.98
kr818
|
$4.70
€4.33
|
|
Milk (1 gallon) |
$5.33
kr728
|
$5.98
€5.51
|
|
Eggs
1 dozen
|
$5.66
kr774
|
$3.21
€2.96
|
|
Boneless chicken breast (1 lb) |
$7.09
kr970
|
$3.56
€3.28
|
|
Apples (1 lb) |
$1.16
kr159
|
$0.90
€0.83
|
|
Bananas (1 lb) |
$0.98
kr134
|
$0.71
€0.65
|
|
Oranges (1 lb) |
$1.17
kr160
|
$0.64
€0.59
|
|
Tomatoes (1 lb) |
$1.84
kr251
|
$1.05
€0.97
|
|
Potatoes (1 lb) |
$0.96
kr131
|
$0.53
€0.49
|
|
Onions (1 lb) |
$0.51
kr70
|
$0.47
€0.43
|
|
pay 24.2% less for transportation
Iceland
|
Cyprus
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.03
kr1,099
|
$5.96
€5.49
|
|
Monthly public transit pass |
$77.40
kr10,584
|
$44.14
€40.65
|
|
New Volkswagen Golf 1.4 (standard edition) |
$29,836.83
kr4,080,131
|
$25,507.23
€23,490.88
|
|
Taxi trip in downtown area (5 miles) |
$23.97
kr3,277
|
$20.75
€19.11
|
|
pay 13.3% less for housing
Iceland
|
Cyprus
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$62.40
kr8,533
|
$41.07
€37.82
|
|
1-Bedroom apartment in downtown area |
$1,437.14
kr196,527
|
$765.75
€705.22
|
|
1-Bedroom apartment outside city center |
$1,215.63
kr166,234
|
$572.23
€527.00
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$68.63
kr9,385
|
$124.02
€114.22
|
|
pay 90.4% more for childcare
Iceland
|
Cyprus
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$259.34
kr35,465
|
$327.88
€301.96
|
|
Middle school for 1 child, two semesters |
$2,750.10
kr376,071
|
$6,992.32
€6,439.58
|
|
pay 33.4% less for entertainment and sports
Iceland
|
Cyprus
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$8.52
kr1,165
|
$3.36
€3.10
|
|
Cappuccino in mid-range area |
$4.15
kr568
|
$3.41
€3.14
|
|
Pack of cigarettes
Marlboro or similar
|
$10.64
kr1,454
|
$4.86
€4.48
|
|
Monthly membership at local gym |
$56.90
kr7,781
|
$52.35
€48.21
|
|
Movie ticket to theater/cinema |
$12.27
kr1,678
|
$9.01
€8.30
|
|
pay 33.6% less for clothing
Iceland
|
Cyprus
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$118.08
kr16,147
|
$79.61
€73.32
|
|
Regular dress
from H&M or similar store
|
$50.39
kr6,891
|
$40.36
€37.17
|
|
Running shoes
Nike or Adidas
|
$151.12
kr20,665
|
$88.12
€81.15
|
|
Men's business shoes (leather) |
$175.20
kr23,958
|
$104.36
€96.11
|
|
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