Cost of living comparison
Iceland is 18.9% more expensive than Illinois.
If you lived in Iceland instead of Illinois, you would:
pay 25.3% more for restaurants
|
Illinois
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$17.45
|
$19.51
ISK2,701
|
|
|
Fast food combo meal
McDonalds, or similar
|
$9.57
|
$16.45
ISK2,276
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.40
|
$2.70
ISK374
|
|
| Bottle of water (11 fl. oz) |
$1.87
|
$1.95
ISK270
|
|
pay 24.7% more for groceries
|
Illinois
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.98
|
$3.16
ISK437
|
|
| Local cheese (8 oz) |
$5.17
|
$6.72
ISK930
|
|
| Milk (1 gallon) |
$3.24
|
$6.27
ISK868
|
|
|
Eggs
1 dozen
|
$2.67
|
$6.03
ISK835
|
|
| Boneless chicken breast (1 lb) |
$4.72
|
$7.60
ISK1,052
|
|
| Apples (1 lb) |
$2.19
|
$1.13
ISK156
|
|
| Bananas (1 lb) |
$0.62
|
$1.01
ISK140
|
|
| Oranges (1 lb) |
$1.91
|
$1.15
ISK160
|
|
| Tomatoes (1 lb) |
$1.74
|
$1.71
ISK237
|
|
| Potatoes (1 lb) |
$0.93
|
$1.13
ISK157
|
|
| Onions (1 lb) |
$1.12
|
$0.68
ISK94
|
|
pay 50.8% more for transportation
|
Illinois
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.53
|
$8.42
ISK1,165
|
|
| Monthly public transit pass |
$77.17
|
$68.29
ISK9,452
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$31,837.76
|
$39,714.69
ISK5,496,513
|
|
| Taxi trip in downtown area (5 miles) |
$15.34
|
$23.23
ISK3,215
|
|
pay 1.2% more for housing
|
Illinois
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$66.06
|
$74.47
ISK10,307
|
|
| 1-Bedroom apartment in downtown area |
$1,337.83
|
$1,518.94
ISK210,221
|
|
| 1-Bedroom apartment outside city center |
$1,055.94
|
$1,325.48
ISK183,446
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$126.10
|
$66.99
ISK9,271
|
|
pay 76.2% less for childcare
|
Illinois
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,229.51
|
$254.97
ISK35,287
|
|
| Middle school for 1 child, two semesters |
$22,314.07
|
$5,993.83
ISK829,545
|
|
pay 33.8% more for entertainment and sports
|
Illinois
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$4.85
|
$9.37
ISK1,297
|
|
| Cappuccino in mid-range area |
$4.57
|
$4.61
ISK638
|
|
|
Pack of cigarettes
Marlboro or similar
|
$9.28
|
$11.22
ISK1,552
|
|
| Monthly membership at local gym |
$44.37
|
$60.00
ISK8,304
|
|
| Movie ticket to theater/cinema |
$11.73
|
$13.94
ISK1,929
|
|
pay 72.7% more for clothing
|
Illinois
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$51.00
|
$108.23
ISK14,979
|
|
|
Regular dress
from H&M or similar store
|
$37.10
|
$59.73
ISK8,267
|
|
|
Running shoes
Nike or Adidas
|
$87.83
|
$146.94
ISK20,337
|
|
| Men's business shoes (leather) |
$112.76
|
$169.24
ISK23,423
|
|
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