Cost of living comparison
compared to
Micronesia, Federated States of vs. Iceland Cost of Living Summary
Micronesia, Federated States of is 20.4% cheaper than Iceland overall.
- Restaurants
-
pay 33.5% less in Micronesia, Federated States of
- Groceries
-
pay 10.8% more in Micronesia, Federated States of
- Transportation
-
pay 1.8% more in Micronesia, Federated States of
- Housing
-
pay 9.7% more in Micronesia, Federated States of
- Childcare
-
pay 49.2% less in Micronesia, Federated States of
- Entertainment and Sports
-
pay 52.1% less in Micronesia, Federated States of
- Clothing
-
pay 30.1% less in Micronesia, Federated States of
The cost of groceries, housing, and transportation in Micronesia, Federated States of are more expensive than in Iceland. Expenses including entertainment and sports, childcare, restaurants, and clothing are lower in Micronesia, Federated States of.
Micronesia, Federated States of vs. Iceland Cost Breakdown
If you lived in Micronesia, Federated States of instead of Iceland, you would:
pay 33.5% less for restaurants
|
Iceland
|
Micronesia, Federated States of
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$26.52
ISK3,394
|
$11.50
|
|
|
Fast food combo meal
McDonalds, or similar
|
$21.32
ISK2,728
|
$7.50
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.11
ISK398
|
$1.25
|
|
| Bottle of water (11 fl. oz) |
$2.72
ISK348
|
$4.00
|
|
Iceland vs. Micronesia, Federated States of - Cost of restaurants
pay 10.8% more for groceries
|
Iceland
|
Micronesia, Federated States of
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.80
ISK487
|
$3.35
|
|
| Local cheese (8 oz) |
$9.44
ISK1,208
|
$3.50
|
|
| Milk (1 gallon) |
$7.78
ISK996
|
$1.00
|
|
|
Eggs
1 dozen
|
$6.71
ISK859
|
$7.25
|
|
| Boneless chicken breast (1 lb) |
$11.22
ISK1,436
|
$2.27
|
|
| Apples (1 lb) |
$1.50
ISK191
|
$2.72
|
|
| Bananas (1 lb) |
$1.15
ISK147
|
$1.59
|
|
| Oranges (1 lb) |
$1.41
ISK181
|
$2.49
|
|
| Tomatoes (1 lb) |
$2.34
ISK300
|
?? | |
| Potatoes (1 lb) |
$1.65
ISK211
|
$2.27
|
|
| Onions (1 lb) |
$1.09
ISK140
|
$2.27
|
|
Iceland vs. Micronesia, Federated States of - Cost of groceries
pay 1.8% more for transportation
|
Iceland
|
Micronesia, Federated States of
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$9.65
ISK1,235
|
$14.01
|
|
| Monthly public transit pass |
$79.56
ISK10,182
|
?? | |
| New Volkswagen Golf 1.4 (standard edition) |
$49,144.25
ISK6,289,481
|
?? | |
| Taxi trip in downtown area (5 miles) |
$25.55
ISK3,270
|
$14.94
|
|
Iceland vs. Micronesia, Federated States of - Cost of transportation
pay 9.7% more for housing
|
Iceland
|
Micronesia, Federated States of
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$95.65
ISK12,241
|
$198.00
|
|
| 1-Bedroom apartment in downtown area |
$2,289.17
ISK292,968
|
$900.00
|
|
| 1-Bedroom apartment outside city center |
$1,830.04
ISK234,209
|
$621.67
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$65.15
ISK8,338
|
$103.24
|
|
Iceland vs. Micronesia, Federated States of - Cost of housing
pay 49.2% less for childcare
|
Iceland
|
Micronesia, Federated States of
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$334.67
ISK42,830
|
$170.00
|
|
| Middle school for 1 child, two semesters |
$30,711.08
ISK3,930,404
|
?? | |
Iceland vs. Micronesia, Federated States of - Cost of childcare
pay 52.1% less for entertainment and sports
|
Iceland
|
Micronesia, Federated States of
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$11.14
ISK1,426
|
?? | |
| Cappuccino in mid-range area |
$5.62
ISK720
|
$3.00
|
|
|
Pack of cigarettes
Marlboro or similar
|
$13.90
ISK1,778
|
$9.00
|
|
| Monthly membership at local gym |
$78.17
ISK10,004
|
$20.00
|
|
| Movie ticket to theater/cinema |
$16.75
ISK2,144
|
?? | |
Iceland vs. Micronesia, Federated States of - Cost of entertainment and sports
pay 30.1% less for clothing
|
Iceland
|
Micronesia, Federated States of
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$130.91
ISK16,753
|
$80.00
|
|
|
Regular dress
from H&M or similar store
|
$61.83
ISK7,913
|
$68.00
|
|
|
Running shoes
Nike or Adidas
|
$163.81
ISK20,965
|
$110.00
|
|
| Men's business shoes (leather) |
$237.31
ISK30,371
|
$98.00
|
|
Iceland vs. Micronesia, Federated States of - Cost of clothing
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: December 2025
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