Cost of living comparison
Iceland is 2.0 times more expensive than Kuwait.
If you lived in Iceland instead of Kuwait, you would:
pay 3.5 times more for restaurants
Kuwait
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$6.88
KWD2.120
|
$17.84
kr2,519
|
|
Fast food combo meal
McDonalds, or similar
|
$6.74
KWD2.080
|
$14.27
kr2,015
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.58
KWD0.180
|
$2.32
kr327
|
|
Bottle of water (11 fl. oz) |
$0.39
KWD0.120
|
$2.12
kr300
|
|
pay 95.1% more for groceries
Kuwait
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$1.03
KWD0.320
|
$3.42
kr484
|
|
Local cheese (8 oz) |
$2.80
KWD0.860
|
$5.98
kr845
|
|
Milk (1 gallon) |
$6.31
KWD1.950
|
$5.33
kr752
|
|
Eggs
1 dozen
|
$2.46
KWD0.760
|
$5.66
kr799
|
|
Boneless chicken breast (1 lb) |
$2.30
KWD0.710
|
$7.09
kr1,002
|
|
Apples (1 lb) |
$0.94
KWD0.290
|
$1.16
kr164
|
|
Bananas (1 lb) |
$0.80
KWD0.250
|
$0.98
kr139
|
|
Oranges (1 lb) |
$0.75
KWD0.230
|
$1.17
kr166
|
|
Tomatoes (1 lb) |
$0.65
KWD0.200
|
$1.84
kr259
|
|
Potatoes (1 lb) |
$0.52
KWD0.160
|
$0.96
kr135
|
|
Onions (1 lb) |
$0.48
KWD0.150
|
$0.51
kr72
|
|
pay 2.5 times more for transportation
Kuwait
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$1.36
KWD0.420
|
$8.03
kr1,135
|
|
Monthly public transit pass |
$46.98
KWD14.490
|
$77.40
kr10,932
|
|
New Volkswagen Golf 1.4 (standard edition) |
$19,349.52
KWD5,966.350
|
$29,836.83
kr4,214,452
|
|
Taxi trip in downtown area (5 miles) |
$27.59
KWD8.510
|
$23.97
kr3,385
|
|
pay 83.2% more for housing
Kuwait
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$34.41
KWD10.610
|
$62.40
kr8,814
|
|
1-Bedroom apartment in downtown area |
$792.17
KWD244.260
|
$1,437.14
kr202,996
|
|
1-Bedroom apartment outside city center |
$675.48
KWD208.280
|
$1,215.63
kr171,707
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$36.14
KWD11.140
|
$68.63
kr9,694
|
|
pay 30.2% less for childcare
Kuwait
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$303.70
KWD93.640
|
$259.34
kr36,632
|
|
Middle school for 1 child, two semesters |
$5,062.92
KWD1,561.130
|
$2,750.10
kr388,451
|
|
pay 77.6% more for entertainment and sports
Kuwait
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$3.22
KWD0.990
|
$8.52
kr1,204
|
|
Cappuccino in mid-range area |
$4.48
KWD1.380
|
$4.15
kr587
|
|
Pack of cigarettes
Marlboro or similar
|
$2.82
KWD0.870
|
$10.64
kr1,502
|
|
Monthly membership at local gym |
$105.23
KWD32.450
|
$56.90
kr8,037
|
|
Movie ticket to theater/cinema |
$12.22
KWD3.770
|
$12.27
kr1,734
|
|
pay 75.9% more for clothing
Kuwait
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$49.85
KWD15.370
|
$118.08
kr16,678
|
|
Regular dress
from H&M or similar store
|
$46.01
KWD14.190
|
$50.39
kr7,117
|
|
Running shoes
Nike or Adidas
|
$97.17
KWD29.960
|
$151.12
kr21,345
|
|
Men's business shoes (leather) |
$86.91
KWD26.800
|
$175.20
kr24,747
|
|
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