Cost of living comparison
Iceland is 34.7% more expensive than Isle of Man.
If you lived in Iceland instead of Isle of Man, you would:
pay 24.6% more for restaurants
Isle of Man
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$22.36
£18.08
|
$17.84
kr2,519
|
|
Fast food combo meal
McDonalds, or similar
|
$8.43
£6.82
|
$14.27
kr2,015
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.92
£1.56
|
$2.32
kr327
|
|
Bottle of water (11 fl. oz) |
$1.65
£1.33
|
$2.12
kr300
|
|
pay 55.4% more for groceries
Isle of Man
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$1.49
£1.20
|
$3.42
kr484
|
|
Local cheese (8 oz) |
$3.19
£2.58
|
$5.98
kr845
|
|
Milk (1 gallon) |
$5.12
£4.14
|
$5.33
kr752
|
|
Eggs
1 dozen
|
$2.94
£2.37
|
$5.66
kr799
|
|
Boneless chicken breast (1 lb) |
$3.13
£2.53
|
$7.09
kr1,002
|
|
Apples (1 lb) |
$1.09
£0.88
|
$1.16
kr164
|
|
Bananas (1 lb) |
$0.57
£0.46
|
$0.98
kr139
|
|
Oranges (1 lb) |
$1.18
£0.96
|
$1.17
kr166
|
|
Tomatoes (1 lb) |
$1.35
£1.09
|
$1.84
kr259
|
|
Potatoes (1 lb) |
$0.50
£0.41
|
$0.96
kr135
|
|
Onions (1 lb) |
$0.80
£0.65
|
$0.51
kr72
|
|
pay 46.9% more for transportation
Isle of Man
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$6.94
£5.61
|
$8.03
kr1,135
|
|
Monthly public transit pass |
$39.75
£32.13
|
$77.40
kr10,932
|
|
New Volkswagen Golf 1.4 (standard edition) |
$23,599.90
£19,079.89
|
$29,836.83
kr4,214,452
|
|
Taxi trip in downtown area (5 miles) |
$15.90
£12.85
|
$23.97
kr3,385
|
|
pay 12.1% more for housing
Isle of Man
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$50.51
£40.84
|
$62.40
kr8,814
|
|
1-Bedroom apartment in downtown area |
$1,090.29
£881.47
|
$1,437.14
kr202,996
|
|
1-Bedroom apartment outside city center |
$908.29
£734.32
|
$1,215.63
kr171,707
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$115.99
£93.77
|
$68.63
kr9,694
|
|
pay 76.8% less for childcare
Isle of Man
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$838.42
£677.84
|
$259.34
kr36,632
|
|
Middle school for 1 child, two semesters |
$17,699.93
£14,309.91
|
$2,750.10
kr388,451
|
|
pay 31.2% more for entertainment and sports
Isle of Man
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$4.35
£3.51
|
$8.52
kr1,204
|
|
Cappuccino in mid-range area |
$3.62
£2.93
|
$4.15
kr587
|
|
Pack of cigarettes
Marlboro or similar
|
$14.91
£12.05
|
$10.64
kr1,502
|
|
Monthly membership at local gym |
$37.88
£30.63
|
$56.90
kr8,037
|
|
Movie ticket to theater/cinema |
$9.94
£8.03
|
$12.27
kr1,734
|
|
pay 2.5 times more for clothing
Isle of Man
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$49.06
£39.67
|
$118.08
kr16,678
|
|
Regular dress
from H&M or similar store
|
$35.28
£28.52
|
$50.39
kr7,117
|
|
Running shoes
Nike or Adidas
|
$53.00
£42.85
|
$151.12
kr21,345
|
|
Men's business shoes (leather) |
$53.00
£42.85
|
$175.20
kr24,747
|
|
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