Cost of living comparison
Malawi is 33.2% cheaper than Iceland.
If you lived in Malawi instead of Iceland, you would:
pay 74.2% less for restaurants
Iceland
|
Malawi
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$17.84
kr2,506
|
$3.42
MWK5,919.06
|
|
Fast food combo meal
McDonalds, or similar
|
$14.27
kr2,005
|
$4.89
MWK8,455.81
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.32
kr326
|
$0.76
MWK1,321.22
|
|
Bottle of water (11 fl. oz) |
$2.12
kr298
|
$0.35
MWK606.00
|
|
pay 35.1% less for groceries
Iceland
|
Malawi
|
||
---|---|---|---|
Bread
1 loaf
|
$3.42
kr481
|
$0.68
MWK1,183.81
|
|
Local cheese (8 oz) |
$5.98
kr841
|
$7.09
MWK12,260.92
|
|
Milk (1 gallon) |
$5.33
kr748
|
$3.28
MWK5,667.13
|
|
Eggs
1 dozen
|
$5.66
kr795
|
$1.44
MWK2,483.75
|
|
Boneless chicken breast (1 lb) |
$7.09
kr997
|
$1.02
MWK1,755.21
|
|
Apples (1 lb) |
$1.16
kr163
|
$0.95
MWK1,644.71
|
|
Bananas (1 lb) |
$0.98
kr138
|
$0.50
MWK868.02
|
|
Oranges (1 lb) |
$1.17
kr165
|
$1.08
MWK1,866.61
|
|
Tomatoes (1 lb) |
$1.84
kr258
|
$0.64
MWK1,105.22
|
|
Potatoes (1 lb) |
$0.96
kr134
|
$0.73
MWK1,270.07
|
|
Onions (1 lb) |
$0.51
kr72
|
$0.70
MWK1,217.09
|
|
pay 42.1% less for transportation
Iceland
|
Malawi
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.03
kr1,129
|
$4.57
MWK7,907.22
|
|
Monthly public transit pass |
$77.40
kr10,876
|
$44.84
MWK77,539.75
|
|
New Volkswagen Golf 1.4 (standard edition) |
$29,836.83
kr4,192,672
|
$26,894.87
MWK46,506,936.63
|
|
Taxi trip in downtown area (5 miles) |
$23.97
kr3,368
|
$6.41
MWK11,077.11
|
|
pay 24.4% less for housing
Iceland
|
Malawi
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$62.40
kr8,769
|
$136.92
MWK236,762.59
|
|
1-Bedroom apartment in downtown area |
$1,437.14
kr201,947
|
$291.36
MWK503,825.15
|
|
1-Bedroom apartment outside city center |
$1,215.63
kr170,820
|
$135.70
MWK234,648.63
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$68.63
kr9,644
|
$35.40
MWK61,213.41
|
|
pay 66.2% more for childcare
Iceland
|
Malawi
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$259.34
kr36,443
|
$268.95
MWK465,069.37
|
|
Middle school for 1 child, two semesters |
$2,750.10
kr386,444
|
$6,291.77
MWK10,879,804.57
|
|
pay 66.1% less for entertainment and sports
Iceland
|
Malawi
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$8.52
kr1,198
|
$0.78
MWK1,352.93
|
|
Cappuccino in mid-range area |
$4.15
kr584
|
$2.46
MWK4,250.45
|
|
Pack of cigarettes
Marlboro or similar
|
$10.64
kr1,494
|
$2.93
MWK5,073.48
|
|
Monthly membership at local gym |
$56.90
kr7,996
|
$22.98
MWK39,742.29
|
|
Movie ticket to theater/cinema |
$12.27
kr1,725
|
$4.04
MWK6,978.53
|
|
pay 56.5% less for clothing
Iceland
|
Malawi
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$118.08
kr16,592
|
$42.71
MWK73,847.38
|
|
Regular dress
from H&M or similar store
|
$50.39
kr7,081
|
$25.43
MWK43,970.19
|
|
Running shoes
Nike or Adidas
|
$151.12
kr21,235
|
$62.59
MWK108,234.33
|
|
Men's business shoes (leather) |
$175.20
kr24,619
|
$80.68
MWK139,520.81
|
|
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