Cost of living comparison
Grenada is 14.4% cheaper than Iceland.
If you lived in Grenada instead of Iceland, you would:
pay 43.3% less for restaurants
Iceland
|
Grenada
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$19.51
ISK2,681
|
$7.51
EC$20.30
|
|
Fast food combo meal
McDonalds, or similar
|
$16.45
ISK2,260
|
$8.05
EC$21.77
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.70
ISK371
|
$1.79
EC$4.85
|
|
Bottle of water (11 fl. oz) |
$1.95
ISK268
|
$1.42
EC$3.85
|
|
pay 4.2% less for groceries
Iceland
|
Grenada
|
||
---|---|---|---|
Bread
1 loaf
|
$3.16
ISK433
|
$1.43
EC$3.86
|
|
Local cheese (8 oz) |
$6.72
ISK923
|
$7.60
EC$20.55
|
|
Milk (1 gallon) |
$6.27
ISK862
|
$9.00
EC$24.33
|
|
Eggs
1 dozen
|
$6.03
ISK828
|
$3.42
EC$9.25
|
|
Boneless chicken breast (1 lb) |
$7.60
ISK1,044
|
$3.41
EC$9.21
|
|
Apples (1 lb) |
$1.13
ISK155
|
$2.48
EC$6.70
|
|
Bananas (1 lb) |
$1.01
ISK139
|
$0.79
EC$2.13
|
|
Oranges (1 lb) |
$1.15
ISK159
|
$1.01
EC$2.73
|
|
Tomatoes (1 lb) |
$1.71
ISK235
|
$1.17
EC$3.15
|
|
Potatoes (1 lb) |
$1.13
ISK155
|
$0.89
EC$2.41
|
|
Onions (1 lb) |
$0.68
ISK94
|
$0.80
EC$2.17
|
|
pay 97.3% more for transportation
Iceland
|
Grenada
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.42
ISK1,157
|
$5.17
EC$13.97
|
|
Monthly public transit pass |
$68.29
ISK9,383
|
$37.55
EC$101.48
|
|
New Volkswagen Golf 1.4 (standard edition) |
$39,714.69
ISK5,456,401
|
$22,828.86
EC$61,696.13
|
|
Taxi trip in downtown area (5 miles) |
$23.23
ISK3,191
|
$142.90
EC$386.20
|
|
pay 16.9% less for housing
Iceland
|
Grenada
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$74.47
ISK10,232
|
$42.48
EC$114.81
|
|
1-Bedroom apartment in downtown area |
$1,518.94
ISK208,687
|
$589.18
EC$1,592.30
|
|
1-Bedroom apartment outside city center |
$1,325.48
ISK182,107
|
$362.62
EC$980.01
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$66.99
ISK9,204
|
$140.10
EC$378.64
|
|
pay 47.9% less for childcare
Iceland
|
Grenada
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$254.97
ISK35,030
|
$201.91
EC$545.67
|
|
Middle school for 1 child, two semesters |
$5,993.83
ISK823,492
|
$1,492.11
EC$4,032.51
|
|
pay 43.2% less for entertainment and sports
Iceland
|
Grenada
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$9.37
ISK1,288
|
$2.29
EC$6.18
|
|
Cappuccino in mid-range area |
$4.61
ISK634
|
$3.88
EC$10.49
|
|
Pack of cigarettes
Marlboro or similar
|
$11.22
ISK1,541
|
$3.68
EC$9.95
|
|
Monthly membership at local gym |
$60.00
ISK8,244
|
$42.99
EC$116.19
|
|
Movie ticket to theater/cinema |
$13.94
ISK1,915
|
$9.90
EC$26.77
|
|
pay 42.3% less for clothing
Iceland
|
Grenada
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$108.23
ISK14,870
|
$67.38
EC$182.08
|
|
Regular dress
from H&M or similar store
|
$59.73
ISK8,207
|
$43.97
EC$118.83
|
|
Running shoes
Nike or Adidas
|
$146.94
ISK20,188
|
$59.37
EC$160.46
|
|
Men's business shoes (leather) |
$169.24
ISK23,252
|
$92.35
EC$249.58
|
|
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