Cost of living comparison
Iceland is 16.6% cheaper than Jersey overall.
- Restaurants
-
pay 3.3% less in Iceland
- Groceries
-
pay 6.4% less in Iceland
- Transportation
-
pay 0.2% more in Iceland
- Housing
-
pay 19.2% less in Iceland
- Childcare
-
pay 80.0% less in Iceland
- Entertainment and Sports
-
pay 9.9% less in Iceland
- Clothing
-
pay 2.6% more in Iceland
The cost of clothing and transportation in Iceland are more expensive than in Jersey. Expenses including childcare, housing, entertainment and sports, groceries, and restaurants are lower in Iceland.
If you lived in Iceland instead of Jersey, you would:
pay 3.3% less for restaurants
|
Jersey
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$45.20
£37.15
|
$19.40
ISK2,748
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.33
£8.49
|
$16.94
ISK2,400
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.83
£2.33
|
$2.81
ISK398
|
|
| Bottle of water (11 fl. oz) |
$2.50
£2.06
|
$2.02
ISK286
|
|
pay 6.4% less for groceries
|
Jersey
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.30
£1.89
|
$2.95
ISK419
|
|
| Local cheese (8 oz) |
$5.33
£4.38
|
$7.27
ISK1,029
|
|
| Milk (1 gallon) |
$7.84
£6.44
|
$6.01
ISK851
|
|
|
Eggs
1 dozen
|
$5.37
£4.42
|
$5.42
ISK768
|
|
| Boneless chicken breast (1 lb) |
$5.67
£4.66
|
$8.51
ISK1,205
|
|
| Apples (1 lb) |
$1.89
£1.55
|
$1.22
ISK173
|
|
| Bananas (1 lb) |
$1.39
£1.14
|
$1.03
ISK145
|
|
| Oranges (1 lb) |
$1.85
£1.52
|
$1.17
ISK166
|
|
| Tomatoes (1 lb) |
$1.83
£1.50
|
$1.87
ISK265
|
|
| Potatoes (1 lb) |
$1.57
£1.29
|
$1.23
ISK175
|
|
| Onions (1 lb) |
$1.44
£1.19
|
$0.78
ISK111
|
|
pay 0.2% more for transportation
|
Jersey
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.93
£6.52
|
$8.36
ISK1,185
|
|
| Monthly public transit pass |
$67.16
£55.19
|
$71.28
ISK10,098
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$27,768.06
£22,819.62
|
$40,660.66
ISK5,760,396
|
|
| Taxi trip in downtown area (5 miles) |
$51.51
£42.33
|
$22.04
ISK3,122
|
|
pay 19.2% less for housing
|
Jersey
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$72.54
£59.61
|
$72.17
ISK10,225
|
|
| 1-Bedroom apartment in downtown area |
$1,808.15
£1,485.93
|
$1,838.04
ISK260,395
|
|
| 1-Bedroom apartment outside city center |
$1,715.90
£1,410.12
|
$1,497.77
ISK212,189
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$167.51
£137.66
|
$58.01
ISK8,219
|
|
pay 80.0% less for childcare
|
Jersey
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$2,324.77
£1,910.48
|
$258.16
ISK36,574
|
|
| Middle school for 1 child, two semesters |
$20,664.60
£16,982.04
|
$5,993.99
ISK849,169
|
|
pay 9.9% less for entertainment and sports
|
Jersey
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$7.75
£6.37
|
$9.19
ISK1,302
|
|
| Cappuccino in mid-range area |
$4.95
£4.07
|
$4.65
ISK659
|
|
|
Pack of cigarettes
Marlboro or similar
|
$15.50
£12.74
|
$11.76
ISK1,665
|
|
| Monthly membership at local gym |
$74.05
£60.85
|
$61.46
ISK8,707
|
|
| Movie ticket to theater/cinema |
$18.08
£14.86
|
$14.35
ISK2,033
|
|
pay 2.6% more for clothing
|
Jersey
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$100.09
£82.26
|
$111.23
ISK15,758
|
|
|
Regular dress
from H&M or similar store
|
$69.31
£56.96
|
$59.69
ISK8,456
|
|
|
Running shoes
Nike or Adidas
|
$121.08
£99.50
|
$148.00
ISK20,967
|
|
| Men's business shoes (leather) |
$202.34
£166.28
|
$184.49
ISK26,137
|
|
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