Cost of living comparison
Guatemala is 42.2% cheaper than Iceland.
If you lived in Guatemala instead of Iceland, you would:
pay 66.8% less for restaurants
Iceland
|
Guatemala
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$19.40
ISK2,675
|
$4.86
GTQ37.56
|
|
Fast food combo meal
McDonalds, or similar
|
$16.94
ISK2,336
|
$6.24
GTQ48.15
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.81
ISK388
|
$0.94
GTQ7.24
|
|
Bottle of water (11 fl. oz) |
$2.02
ISK279
|
$0.76
GTQ5.89
|
|
pay 18.3% less for groceries
Iceland
|
Guatemala
|
||
---|---|---|---|
Bread
1 loaf
|
$2.95
ISK407
|
$2.77
GTQ21.38
|
|
Local cheese (8 oz) |
$7.27
ISK1,002
|
$3.39
GTQ26.14
|
|
Milk (1 gallon) |
$6.01
ISK828
|
$6.82
GTQ52.65
|
|
Eggs
1 dozen
|
$5.42
ISK747
|
$2.38
GTQ18.40
|
|
Boneless chicken breast (1 lb) |
$8.51
ISK1,173
|
$3.24
GTQ25.04
|
|
Apples (1 lb) |
$1.22
ISK169
|
$1.48
GTQ11.39
|
|
Bananas (1 lb) |
$1.03
ISK142
|
$0.71
GTQ5.48
|
|
Oranges (1 lb) |
$1.17
ISK161
|
$1.55
GTQ11.95
|
|
Tomatoes (1 lb) |
$1.87
ISK258
|
$0.76
GTQ5.85
|
|
Potatoes (1 lb) |
$1.23
ISK170
|
$0.84
GTQ6.46
|
|
Onions (1 lb) |
$0.78
ISK108
|
$1.04
GTQ8.03
|
|
pay 63.4% less for transportation
Iceland
|
Guatemala
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.36
ISK1,153
|
$3.90
GTQ30.15
|
|
Monthly public transit pass |
$71.28
ISK9,828
|
$13.42
GTQ103.66
|
|
New Volkswagen Golf 1.4 (standard edition) |
$40,660.66
ISK5,606,292
|
$17,023.47
GTQ131,464.88
|
|
Taxi trip in downtown area (5 miles) |
$22.04
ISK3,038
|
$8.64
GTQ66.73
|
|
pay 50.0% less for housing
Iceland
|
Guatemala
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$72.17
ISK9,951
|
$43.14
GTQ333.13
|
|
1-Bedroom apartment in downtown area |
$1,838.04
ISK253,429
|
$525.45
GTQ4,057.79
|
|
1-Bedroom apartment outside city center |
$1,497.77
ISK206,513
|
$368.89
GTQ2,848.76
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$58.01
ISK7,999
|
$50.59
GTQ390.67
|
|
pay 11.2% less for childcare
Iceland
|
Guatemala
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$258.16
ISK35,596
|
$217.77
GTQ1,681.75
|
|
Middle school for 1 child, two semesters |
$5,993.99
ISK826,452
|
$5,593.73
GTQ43,197.97
|
|
pay 50.6% less for entertainment and sports
Iceland
|
Guatemala
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$9.19
ISK1,267
|
$2.59
GTQ20.01
|
|
Cappuccino in mid-range area |
$4.65
ISK641
|
$3.03
GTQ23.42
|
|
Pack of cigarettes
Marlboro or similar
|
$11.76
ISK1,621
|
$3.47
GTQ26.82
|
|
Monthly membership at local gym |
$61.46
ISK8,474
|
$43.30
GTQ334.42
|
|
Movie ticket to theater/cinema |
$14.35
ISK1,978
|
$7.72
GTQ59.61
|
|
pay 35.4% less for clothing
Iceland
|
Guatemala
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$111.23
ISK15,336
|
$41.32
GTQ319.06
|
|
Regular dress
from H&M or similar store
|
$59.69
ISK8,230
|
$55.74
GTQ430.49
|
|
Running shoes
Nike or Adidas
|
$148.00
ISK20,406
|
$108.63
GTQ838.90
|
|
Men's business shoes (leather) |
$184.49
ISK25,438
|
$100.77
GTQ778.19
|
|
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