Libya is 70.5% cheaper than Iceland.

If you lived in Libya instead of Iceland, you would:

pay 81.6% less for restaurants

 
Iceland
Libya
Basic meal with drink at inexpensive restaurant $17.84
kr2,453
$3.94
LYD19.010
Fast food combo meal
McDonalds, or similar
$14.27
kr1,963
$3.22
LYD15.520
Bottle of Coca-Cola (11 fl. oz) $2.32
kr319
$0.49
LYD2.350

Improve prices ·

pay 62.2% less for groceries

 
Iceland
Libya
Bread
1 loaf
$3.42
kr471
$0.37
LYD1.790
Local cheese (8 oz) $5.98
kr823
$2.83
LYD13.650
Milk (1 gallon) $5.33
kr732
$3.47
LYD16.700

Improve prices ·

pay 69.9% less for transportation

 
Iceland
Libya
Gasoline (1 gallon) $8.03
kr1,105
$0.13
LYD0.610
Monthly public transit pass $77.40
kr10,646
$21.37
LYD103.020
New Volkswagen Golf 1.4 (standard edition) $29,836.83
kr4,104,056
$17,497.81
LYD84,339.460

Improve prices ·

pay 71.4% less for housing

 
Iceland
Libya
Internet connection
50 mbps or faster, cable/dsl
$62.40
kr8,583
$32.87
LYD158.440
1-Bedroom apartment in downtown area $1,437.14
kr197,679
$163.31
LYD787.170
1-Bedroom apartment outside city center $1,215.63
kr167,209
$92.59
LYD446.300

Improve prices ·

pay 70.3% less for childcare

 
Iceland
Libya
Private preschool for 1 child, monthly $259.34
kr35,673
$59.72
LYD287.870
Middle school for 1 child, two semesters $2,750.10
kr378,276
$998.54
LYD4,812.970

Improve prices ·

pay 74.7% less for entertainment and sports

 
Iceland
Libya
Domestic/local beer (1 pint) $8.52
kr1,172
$0.82
LYD3.970
Cappuccino in mid-range area $4.15
kr571
$0.59
LYD2.820
Pack of cigarettes
Marlboro or similar
$10.64
kr1,463
$2.52
LYD12.140

Improve prices ·

pay 63.3% less for clothing

 
Iceland
Libya
Regular jeans
Levi's brand
$118.08
kr16,241
$27.92
LYD134.600
Regular dress
from H&M or similar store
$50.39
kr6,931
$30.65
LYD147.760
Running shoes
Nike or Adidas
$151.12
kr20,786
$42.32
LYD203.990

Improve prices ·
The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: November 2023
Share this

ASK THE ELSEWHERE COMMUNITY

Join the Elsewhere community and ask a question about Libya or Iceland. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.

Compare by city

For example, try comparing the cost of living in Reykjavik vs. Tripoli

Help us improve these prices

MyLifeElsewhere is a collaborative project. Please enter price information for your location (Ashburn, VA, United States) to help assist us in making these comparisons more accurate. Learn more