Cost of living comparison
Cyprus is 16.0% cheaper than Iceland.
If you lived in Cyprus instead of Iceland, you would:
pay 38.9% less for restaurants
Iceland
|
Cyprus
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$19.51
ISK2,708
|
$13.74
€12.82
|
|
Fast food combo meal
McDonalds, or similar
|
$16.45
ISK2,283
|
$8.59
€8.01
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.70
ISK375
|
$1.85
€1.73
|
|
Bottle of water (11 fl. oz) |
$1.95
ISK271
|
$1.04
€0.97
|
|
pay 25.7% less for groceries
Iceland
|
Cyprus
|
||
---|---|---|---|
Bread
1 loaf
|
$3.16
ISK438
|
$1.99
€1.85
|
|
Local cheese (8 oz) |
$6.72
ISK932
|
$5.82
€5.43
|
|
Milk (1 gallon) |
$6.27
ISK870
|
$6.41
€5.98
|
|
Eggs
1 dozen
|
$6.03
ISK837
|
$3.50
€3.26
|
|
Boneless chicken breast (1 lb) |
$7.60
ISK1,055
|
$3.53
€3.29
|
|
Apples (1 lb) |
$1.13
ISK156
|
$1.14
€1.06
|
|
Bananas (1 lb) |
$1.01
ISK140
|
$0.84
€0.79
|
|
Oranges (1 lb) |
$1.15
ISK160
|
$0.80
€0.75
|
|
Tomatoes (1 lb) |
$1.71
ISK238
|
$1.18
€1.10
|
|
Potatoes (1 lb) |
$1.13
ISK157
|
$0.63
€0.59
|
|
Onions (1 lb) |
$0.68
ISK95
|
$0.56
€0.52
|
|
pay 22.3% less for transportation
Iceland
|
Cyprus
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.42
ISK1,169
|
$5.75
€5.36
|
|
Monthly public transit pass |
$68.29
ISK9,478
|
$50.09
€46.72
|
|
New Volkswagen Golf 1.4 (standard edition) |
$39,714.69
ISK5,511,605
|
$29,604.23
€27,615.44
|
|
Taxi trip in downtown area (5 miles) |
$23.23
ISK3,224
|
$21.98
€20.51
|
|
pay 6.6% less for housing
Iceland
|
Cyprus
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$74.47
ISK10,335
|
$39.46
€36.81
|
|
1-Bedroom apartment in downtown area |
$1,518.94
ISK210,798
|
$924.34
€862.24
|
|
1-Bedroom apartment outside city center |
$1,325.48
ISK183,950
|
$738.82
€689.19
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$66.99
ISK9,297
|
$136.66
€127.48
|
|
pay 42.4% more for childcare
Iceland
|
Cyprus
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$254.97
ISK35,384
|
$424.84
€396.30
|
|
Middle school for 1 child, two semesters |
$5,993.83
ISK831,823
|
$7,091.11
€6,614.73
|
|
pay 37.9% less for entertainment and sports
Iceland
|
Cyprus
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$9.37
ISK1,301
|
$3.33
€3.11
|
|
Cappuccino in mid-range area |
$4.61
ISK640
|
$3.30
€3.08
|
|
Pack of cigarettes
Marlboro or similar
|
$11.22
ISK1,557
|
$4.37
€4.08
|
|
Monthly membership at local gym |
$60.00
ISK8,327
|
$54.49
€50.83
|
|
Movie ticket to theater/cinema |
$13.94
ISK1,935
|
$10.29
€9.60
|
|
pay 23.3% less for clothing
Iceland
|
Cyprus
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$108.23
ISK15,020
|
$80.92
€75.48
|
|
Regular dress
from H&M or similar store
|
$59.73
ISK8,290
|
$48.04
€44.81
|
|
Running shoes
Nike or Adidas
|
$146.94
ISK20,392
|
$125.90
€117.45
|
|
Men's business shoes (leather) |
$169.24
ISK23,487
|
$111.40
€103.91
|
|
Change currency:
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Cyprus or Iceland. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.