Cost of living comparison
Madagascar is 50.4% cheaper than Iceland.
If you lived in Madagascar instead of Iceland, you would:
pay 66.0% less for restaurants
Iceland
|
Madagascar
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$17.84
kr2,506
|
$3.46
Ar15,201
|
|
Fast food combo meal
McDonalds, or similar
|
$14.27
kr2,005
|
$6.34
Ar27,868
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.32
kr326
|
$0.94
Ar4,138
|
|
Bottle of water (11 fl. oz) |
$2.12
kr298
|
$0.67
Ar2,930
|
|
pay 56.0% less for groceries
Iceland
|
Madagascar
|
||
---|---|---|---|
Bread
1 loaf
|
$3.42
kr481
|
$0.70
Ar3,082
|
|
Local cheese (8 oz) |
$5.98
kr841
|
$4.42
Ar19,423
|
|
Milk (1 gallon) |
$5.33
kr748
|
$3.47
Ar15,265
|
|
Eggs
1 dozen
|
$5.66
kr795
|
$1.99
Ar8,756
|
|
Boneless chicken breast (1 lb) |
$7.09
kr997
|
$2.55
Ar11,224
|
|
Apples (1 lb) |
$1.16
kr163
|
$0.71
Ar3,141
|
|
Bananas (1 lb) |
$0.98
kr138
|
$0.24
Ar1,034
|
|
Oranges (1 lb) |
$1.17
kr165
|
$0.48
Ar2,097
|
|
Tomatoes (1 lb) |
$1.84
kr258
|
$0.38
Ar1,685
|
|
Potatoes (1 lb) |
$0.96
kr134
|
$0.25
Ar1,103
|
|
Onions (1 lb) |
$0.51
kr72
|
$0.41
Ar1,793
|
|
pay 56.5% less for transportation
Iceland
|
Madagascar
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.03
kr1,129
|
$4.33
Ar19,053
|
|
Monthly public transit pass |
$77.40
kr10,876
|
$2.74
Ar12,055
|
|
New Volkswagen Golf 1.4 (standard edition) |
$29,836.83
kr4,192,672
|
$14,979.86
Ar65,870,502
|
|
Taxi trip in downtown area (5 miles) |
$23.97
kr3,368
|
$15.90
Ar69,924
|
|
pay 52.7% less for housing
Iceland
|
Madagascar
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$62.40
kr8,769
|
$58.15
Ar255,713
|
|
1-Bedroom apartment in downtown area |
$1,437.14
kr201,947
|
$465.53
Ar2,047,053
|
|
1-Bedroom apartment outside city center |
$1,215.63
kr170,820
|
$146.63
Ar644,773
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$68.63
kr9,644
|
$35.25
Ar154,989
|
|
pay 9.1% less for childcare
Iceland
|
Madagascar
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$259.34
kr36,443
|
$138.28
Ar608,035
|
|
Middle school for 1 child, two semesters |
$2,750.10
kr386,444
|
$3,533.71
Ar15,538,683
|
|
pay 58.0% less for entertainment and sports
Iceland
|
Madagascar
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$8.52
kr1,198
|
$0.95
Ar4,180
|
|
Cappuccino in mid-range area |
$4.15
kr584
|
$1.21
Ar5,320
|
|
Pack of cigarettes
Marlboro or similar
|
$10.64
kr1,494
|
$5.30
Ar23,308
|
|
Monthly membership at local gym |
$56.90
kr7,996
|
$41.48
Ar182,411
|
|
Movie ticket to theater/cinema |
$12.27
kr1,725
|
$5.76
Ar25,335
|
|
pay 54.8% less for clothing
Iceland
|
Madagascar
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$118.08
kr16,592
|
$29.38
Ar129,208
|
|
Regular dress
from H&M or similar store
|
$50.39
kr7,081
|
$23.05
Ar101,339
|
|
Running shoes
Nike or Adidas
|
$151.12
kr21,235
|
$103.71
Ar456,027
|
|
Men's business shoes (leather) |
$175.20
kr24,619
|
$72.98
Ar320,908
|
|
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