Cost of living comparison
Iceland is 11.7% more expensive than Jerusalem.
If you lived in Iceland instead of Jerusalem, you would:
pay 3.0% more for restaurants
Jerusalem
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$16.66
₪62.69
|
$17.84
ISK2,504
|
|
Fast food combo meal
McDonalds, or similar
|
$15.00
₪56.42
|
$14.27
ISK2,003
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.40
₪9.04
|
$2.32
ISK325
|
|
Bottle of water (11 fl. oz) |
$1.87
₪7.03
|
$2.12
ISK298
|
|
pay 41.8% more for groceries
Jerusalem
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$2.03
₪7.63
|
$3.42
ISK481
|
|
Local cheese (8 oz) |
$6.25
₪23.50
|
$5.98
ISK840
|
|
Milk (1 gallon) |
$6.63
₪24.93
|
$5.33
ISK748
|
|
Eggs
1 dozen
|
$3.65
₪13.74
|
$5.66
ISK794
|
|
Boneless chicken breast (1 lb) |
$4.26
₪16.04
|
$7.09
ISK996
|
|
Apples (1 lb) |
$1.37
₪5.17
|
$1.16
ISK163
|
|
Bananas (1 lb) |
$0.85
₪3.18
|
$0.98
ISK138
|
|
Oranges (1 lb) |
$0.75
₪2.83
|
$1.17
ISK164
|
|
Tomatoes (1 lb) |
$0.73
₪2.76
|
$1.84
ISK258
|
|
Potatoes (1 lb) |
$0.55
₪2.07
|
$0.96
ISK134
|
|
Onions (1 lb) |
$0.45
₪1.71
|
$0.51
ISK72
|
|
pay 33.8% more for transportation
Jerusalem
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$7.36
₪27.70
|
$8.03
ISK1,128
|
|
Monthly public transit pass |
$59.15
₪222.56
|
$77.40
ISK10,866
|
|
New Volkswagen Golf 1.4 (standard edition) |
$37,461.30
₪140,951.87
|
$29,836.83
ISK4,189,091
|
|
Taxi trip in downtown area (5 miles) |
$11.11
₪41.79
|
$23.97
ISK3,365
|
|
pay 33.6% more for housing
Jerusalem
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$24.94
₪93.85
|
$62.40
ISK8,761
|
|
1-Bedroom apartment in downtown area |
$1,371.82
₪5,161.62
|
$1,437.14
ISK201,775
|
|
1-Bedroom apartment outside city center |
$1,027.99
₪3,867.92
|
$1,215.63
ISK170,674
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$112.09
₪421.74
|
$68.63
ISK9,636
|
|
pay 69.3% less for childcare
Jerusalem
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$761.93
₪2,866.84
|
$259.34
ISK36,412
|
|
Middle school for 1 child, two semesters |
$10,080.39
₪37,928.49
|
$2,750.10
ISK386,114
|
|
pay 6.5% more for entertainment and sports
Jerusalem
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$7.78
₪29.26
|
$8.52
ISK1,196
|
|
Cappuccino in mid-range area |
$3.50
₪13.17
|
$4.15
ISK583
|
|
Pack of cigarettes
Marlboro or similar
|
$9.72
₪36.57
|
$10.64
ISK1,493
|
|
Monthly membership at local gym |
$67.48
₪253.90
|
$56.90
ISK7,989
|
|
Movie ticket to theater/cinema |
$11.11
₪41.79
|
$12.27
ISK1,723
|
|
pay 32.8% more for clothing
Jerusalem
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$78.07
₪293.74
|
$118.08
ISK16,578
|
|
Regular dress
from H&M or similar store
|
$55.54
₪208.97
|
$50.39
ISK7,075
|
|
Running shoes
Nike or Adidas
|
$110.73
₪416.64
|
$151.12
ISK21,217
|
|
Men's business shoes (leather) |
$114.55
₪431.01
|
$175.20
ISK24,598
|
|
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