Cost of living comparison
Nicosia is 9.6% cheaper than Iceland.
If you lived in Nicosia instead of Iceland, you would:
pay 43.2% less for restaurants
Iceland
|
Nicosia
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$17.84
ISK2,491
|
$13.19
€12.25
|
|
Fast food combo meal
McDonalds, or similar
|
$14.27
ISK1,992
|
$7.15
€6.64
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.32
ISK324
|
$1.57
€1.46
|
|
Bottle of water (11 fl. oz) |
$2.12
ISK296
|
$0.75
€0.70
|
|
pay 20.3% less for groceries
Iceland
|
Nicosia
|
||
---|---|---|---|
Bread
1 loaf
|
$3.42
ISK478
|
$2.06
€1.91
|
|
Local cheese (8 oz) |
$5.98
ISK835
|
$5.33
€4.95
|
|
Milk (1 gallon) |
$5.33
ISK744
|
$6.01
€5.58
|
|
Eggs
1 dozen
|
$5.66
ISK790
|
$3.40
€3.16
|
|
Boneless chicken breast (1 lb) |
$7.09
ISK991
|
$3.75
€3.48
|
|
Apples (1 lb) |
$1.16
ISK162
|
$1.31
€1.22
|
|
Bananas (1 lb) |
$0.98
ISK137
|
$0.86
€0.80
|
|
Oranges (1 lb) |
$1.17
ISK164
|
$1.00
€0.93
|
|
Tomatoes (1 lb) |
$1.84
ISK256
|
$1.25
€1.16
|
|
Potatoes (1 lb) |
$0.96
ISK134
|
$0.58
€0.54
|
|
Onions (1 lb) |
$0.51
ISK71
|
$0.45
€0.42
|
|
pay 32.2% less for transportation
Iceland
|
Nicosia
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.03
ISK1,122
|
$6.08
€5.65
|
|
Monthly public transit pass |
$77.40
ISK10,808
|
$43.98
€40.84
|
|
New Volkswagen Golf 1.4 (standard edition) |
$29,836.83
ISK4,166,415
|
$19,790.09
€18,378.07
|
|
Taxi trip in downtown area (5 miles) |
$23.97
ISK3,347
|
$17.32
€16.08
|
|
pay 11.7% less for housing
Iceland
|
Nicosia
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$62.40
ISK8,714
|
$32.85
€30.50
|
|
1-Bedroom apartment in downtown area |
$1,437.14
ISK200,683
|
$679.12
€630.67
|
|
1-Bedroom apartment outside city center |
$1,215.63
ISK169,750
|
$557.97
€518.16
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$68.63
ISK9,583
|
$142.33
€132.18
|
|
pay 93.8% more for childcare
Iceland
|
Nicosia
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$259.34
ISK36,215
|
$372.90
€346.29
|
|
Middle school for 1 child, two semesters |
$2,750.10
ISK384,024
|
$6,706.64
€6,228.12
|
|
pay 22.2% less for entertainment and sports
Iceland
|
Nicosia
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$8.52
ISK1,190
|
$4.40
€4.08
|
|
Cappuccino in mid-range area |
$4.15
ISK580
|
$3.59
€3.33
|
|
Pack of cigarettes
Marlboro or similar
|
$10.64
ISK1,485
|
$5.50
€5.11
|
|
Monthly membership at local gym |
$56.90
ISK7,946
|
$62.53
€58.07
|
|
Movie ticket to theater/cinema |
$12.27
ISK1,714
|
$10.99
€10.21
|
|
pay 31.5% less for clothing
Iceland
|
Nicosia
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$118.08
ISK16,488
|
$85.21
€79.13
|
|
Regular dress
from H&M or similar store
|
$50.39
ISK7,036
|
$40.77
€37.86
|
|
Running shoes
Nike or Adidas
|
$151.12
ISK21,102
|
$91.42
€84.89
|
|
Men's business shoes (leather) |
$175.20
ISK24,465
|
$105.72
€98.17
|
|
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