Cost of living comparison
Iceland is 43.3% more expensive than Lebanon.
If you lived in Iceland instead of Lebanon, you would:
pay 51.2% more for restaurants
Lebanon
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$10.60
L£16,027
|
$15.00
kr2,051
|
|
Fast food combo meal
McDonalds, or similar
|
$7.30
L£11,037
|
$12.33
kr1,686
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.21
L£3,339
|
$2.20
kr301
|
|
Bottle of water (11 fl. oz) |
$1.03
L£1,556
|
$2.00
kr274
|
|
pay 62.9% more for groceries
Lebanon
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$1.02
L£1,538
|
$3.14
kr430
|
|
Local cheese (8 oz) |
$5.47
L£8,265
|
$5.86
kr801
|
|
Milk (1 gallon) |
$12.54
L£18,962
|
$5.16
kr706
|
|
Eggs
1 dozen
|
$2.64
L£3,993
|
$5.51
kr754
|
|
Boneless chicken breast (1 lb) |
$3.49
L£5,280
|
$7.10
kr971
|
|
Apples (1 lb) |
$1.10
L£1,665
|
$1.19
kr163
|
|
Bananas (1 lb) |
$0.73
L£1,102
|
$1.08
kr148
|
|
Oranges (1 lb) |
$0.81
L£1,228
|
$1.13
kr155
|
|
Tomatoes (1 lb) |
$0.71
L£1,074
|
$1.70
kr233
|
|
Potatoes (1 lb) |
$0.63
L£954
|
$1.01
kr139
|
|
Onions (1 lb) |
$0.53
L£801
|
$0.66
kr91
|
|
pay 44.2% more for transportation
Lebanon
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$3.73
L£5,647
|
$7.21
kr986
|
|
Monthly public transit pass |
$70.00
L£105,839
|
$85.09
kr11,636
|
|
New Volkswagen Golf 1.4 (standard edition) |
$22,500.00
L£34,019,597
|
$27,857.83
kr3,809,558
|
|
Taxi trip in downtown area (5 miles) |
$15.42
L£23,321
|
$21.37
kr2,922
|
|
pay 62.0% more for housing
Lebanon
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$55.10
L£83,315
|
$66.89
kr9,148
|
|
1-Bedroom apartment in downtown area |
$747.92
L£1,130,837
|
$1,349.42
kr184,533
|
|
1-Bedroom apartment outside city center |
$392.11
L£592,863
|
$1,143.63
kr156,391
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$129.67
L£196,064
|
$70.86
kr9,690
|
|
pay 34.5% less for childcare
Lebanon
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$357.50
L£540,534
|
$277.52
kr37,951
|
|
Middle school for 1 child, two semesters |
$5,283.33
L£7,988,305
|
$2,822.44
kr385,968
|
|
pay 76.0% more for entertainment and sports
Lebanon
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$3.46
L£5,236
|
$7.85
kr1,074
|
|
Cappuccino in mid-range area |
$4.00
L£6,049
|
$4.10
kr561
|
|
Pack of cigarettes
Marlboro or similar
|
$3.27
L£4,938
|
$11.37
kr1,555
|
|
Monthly membership at local gym |
$68.63
L£103,764
|
$63.31
kr8,658
|
|
Movie ticket to theater/cinema |
$10.60
L£16,027
|
$11.69
kr1,599
|
|
pay 41.5% more for clothing
Lebanon
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$65.78
L£99,455
|
$117.41
kr16,056
|
|
Regular dress
from H&M or similar store
|
$57.75
L£87,317
|
$55.13
kr7,539
|
|
Running shoes
Nike or Adidas
|
$123.50
L£186,730
|
$156.49
kr21,401
|
|
Men's business shoes (leather) |
$115.75
L£175,012
|
$191.54
kr26,193
|
|
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