Cost of living comparison
Gibraltar is 27.2% more expensive than Iceland.
If you lived in Gibraltar instead of Iceland, you would:
pay 20.5% less for restaurants
Iceland
|
Gibraltar
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$17.84
kr2,439
|
$17.39
£13.80
|
|
Fast food combo meal
McDonalds, or similar
|
$14.27
kr1,951
|
$8.69
£6.90
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.32
kr317
|
$1.71
£1.36
|
|
Bottle of water (11 fl. oz) |
$2.12
kr290
|
$1.82
£1.45
|
|
pay 13.5% less for groceries
Iceland
|
Gibraltar
|
||
---|---|---|---|
Bread
1 loaf
|
$3.42
kr468
|
$1.73
£1.37
|
|
Local cheese (8 oz) |
$5.98
kr818
|
$4.16
£3.30
|
|
Milk (1 gallon) |
$5.33
kr728
|
$3.96
£3.14
|
|
Eggs
1 dozen
|
$5.66
kr774
|
$2.59
£2.06
|
|
Boneless chicken breast (1 lb) |
$7.09
kr970
|
$3.81
£3.02
|
|
Apples (1 lb) |
$1.16
kr159
|
$2.23
£1.77
|
|
Bananas (1 lb) |
$0.98
kr134
|
$0.90
£0.72
|
|
Oranges (1 lb) |
$1.17
kr160
|
$0.98
£0.77
|
|
Tomatoes (1 lb) |
$1.84
kr251
|
$0.95
£0.76
|
|
Potatoes (1 lb) |
$0.96
kr131
|
$0.77
£0.61
|
|
Onions (1 lb) |
$0.51
kr70
|
$0.81
£0.64
|
|
pay 25.9% less for transportation
Iceland
|
Gibraltar
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.03
kr1,099
|
$5.23
£4.15
|
|
Monthly public transit pass |
$77.40
kr10,584
|
$12.42
£9.86
|
|
New Volkswagen Golf 1.4 (standard edition) |
$29,836.83
kr4,080,131
|
$33,381.44
£26,491.11
|
|
Taxi trip in downtown area (5 miles) |
$23.97
kr3,277
|
$24.72
£19.62
|
|
pay 14.3% more for housing
Iceland
|
Gibraltar
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$62.40
kr8,533
|
$51.65
£40.99
|
|
1-Bedroom apartment in downtown area |
$1,437.14
kr196,527
|
$1,771.10
£1,405.53
|
|
1-Bedroom apartment outside city center |
$1,215.63
kr166,234
|
$1,551.15
£1,230.97
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$68.63
kr9,385
|
$84.77
£67.27
|
|
pay 3.8 times more for childcare
Iceland
|
Gibraltar
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$259.34
kr35,465
|
$897.07
£711.91
|
|
Middle school for 1 child, two semesters |
$2,750.10
kr376,071
|
$11,592.94
£9,200.01
|
|
pay 27.9% less for entertainment and sports
Iceland
|
Gibraltar
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$8.52
kr1,165
|
$4.04
£3.20
|
|
Cappuccino in mid-range area |
$4.15
kr568
|
$2.86
£2.27
|
|
Pack of cigarettes
Marlboro or similar
|
$10.64
kr1,454
|
$4.22
£3.35
|
|
Monthly membership at local gym |
$56.90
kr7,781
|
$67.59
£53.64
|
|
Movie ticket to theater/cinema |
$12.27
kr1,678
|
$10.56
£8.38
|
|
pay 19.8% less for clothing
Iceland
|
Gibraltar
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$118.08
kr16,147
|
$122.27
£97.03
|
|
Regular dress
from H&M or similar store
|
$50.39
kr6,891
|
$40.76
£32.34
|
|
Running shoes
Nike or Adidas
|
$151.12
kr20,665
|
$125.94
£99.94
|
|
Men's business shoes (leather) |
$175.20
kr23,958
|
$93.16
£73.93
|
|
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