Cost of living comparison
Iceland is 26.1% more expensive than Liverpool.
If you lived in Iceland instead of Liverpool, you would:
pay 48.8% more for restaurants
Liverpool
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$20.12
£16.06
|
$19.51
ISK2,723
|
|
Fast food combo meal
McDonalds, or similar
|
$8.70
£6.95
|
$16.45
ISK2,295
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.88
£1.50
|
$2.70
ISK377
|
|
Bottle of water (11 fl. oz) |
$1.18
£0.94
|
$1.95
ISK273
|
|
pay 47.5% more for groceries
Liverpool
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$1.45
£1.16
|
$3.16
ISK440
|
|
Local cheese (8 oz) |
$4.43
£3.54
|
$6.72
ISK937
|
|
Milk (1 gallon) |
$5.13
£4.09
|
$6.27
ISK875
|
|
Eggs
1 dozen
|
$3.37
£2.69
|
$6.03
ISK841
|
|
Boneless chicken breast (1 lb) |
$3.71
£2.96
|
$7.60
ISK1,061
|
|
Apples (1 lb) |
$1.24
£0.99
|
$1.13
ISK157
|
|
Bananas (1 lb) |
$0.57
£0.45
|
$1.01
ISK141
|
|
Oranges (1 lb) |
$1.20
£0.96
|
$1.15
ISK161
|
|
Tomatoes (1 lb) |
$1.54
£1.23
|
$1.71
ISK239
|
|
Potatoes (1 lb) |
$0.72
£0.57
|
$1.13
ISK158
|
|
Onions (1 lb) |
$0.60
£0.48
|
$0.68
ISK95
|
|
pay 20.7% more for transportation
Liverpool
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$7.39
£5.90
|
$8.42
ISK1,175
|
|
Monthly public transit pass |
$85.51
£68.28
|
$68.29
ISK9,530
|
|
New Volkswagen Golf 1.4 (standard edition) |
$35,345.60
£28,222.30
|
$39,714.69
ISK5,541,788
|
|
Taxi trip in downtown area (5 miles) |
$13.17
£10.51
|
$23.23
ISK3,241
|
|
pay 36.2% more for housing
Liverpool
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$39.10
£31.22
|
$74.47
ISK10,392
|
|
1-Bedroom apartment in downtown area |
$1,046.81
£835.84
|
$1,518.94
ISK211,953
|
|
1-Bedroom apartment outside city center |
$707.07
£564.57
|
$1,325.48
ISK184,957
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$307.66
£245.66
|
$66.99
ISK9,348
|
|
pay 51.3% less for childcare
Liverpool
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$1,219.18
£973.47
|
$254.97
ISK35,578
|
|
Middle school for 1 child, two semesters |
$7,836.36
£6,257.08
|
$5,993.83
ISK836,378
|
|
pay 22.7% more for entertainment and sports
Liverpool
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$6.09
£4.86
|
$9.37
ISK1,308
|
|
Cappuccino in mid-range area |
$4.01
£3.21
|
$4.61
ISK644
|
|
Pack of cigarettes
Marlboro or similar
|
$17.78
£14.20
|
$11.22
ISK1,565
|
|
Monthly membership at local gym |
$35.08
£28.01
|
$60.00
ISK8,373
|
|
Movie ticket to theater/cinema |
$12.61
£10.07
|
$13.94
ISK1,945
|
|
pay 58.4% more for clothing
Liverpool
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$77.78
£62.10
|
$108.23
ISK15,103
|
|
Regular dress
from H&M or similar store
|
$43.83
£34.99
|
$59.73
ISK8,335
|
|
Running shoes
Nike or Adidas
|
$88.29
£70.49
|
$146.94
ISK20,504
|
|
Men's business shoes (leather) |
$88.29
£70.49
|
$169.24
ISK23,616
|
|
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