Cost of living comparison
Iceland is 3.6 times more expensive than Madagascar.
If you lived in Iceland instead of Madagascar, you would:
pay 3.3 times more for restaurants
Madagascar
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$3.46
Ar15,207
|
$17.84
kr2,519
|
|
Fast food combo meal
McDonalds, or similar
|
$6.34
Ar27,879
|
$14.27
kr2,015
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.94
Ar4,140
|
$2.32
kr327
|
|
Bottle of water (11 fl. oz) |
$0.67
Ar2,932
|
$2.12
kr300
|
|
pay 2.9 times more for groceries
Madagascar
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$0.70
Ar3,084
|
$3.42
kr484
|
|
Local cheese (8 oz) |
$4.42
Ar19,431
|
$5.98
kr845
|
|
Milk (1 gallon) |
$3.47
Ar15,271
|
$5.33
kr752
|
|
Eggs
1 dozen
|
$1.99
Ar8,759
|
$5.66
kr799
|
|
Boneless chicken breast (1 lb) |
$2.55
Ar11,228
|
$7.09
kr1,002
|
|
Apples (1 lb) |
$0.71
Ar3,142
|
$1.16
kr164
|
|
Bananas (1 lb) |
$0.24
Ar1,035
|
$0.98
kr139
|
|
Oranges (1 lb) |
$0.48
Ar2,098
|
$1.17
kr166
|
|
Tomatoes (1 lb) |
$0.38
Ar1,686
|
$1.84
kr259
|
|
Potatoes (1 lb) |
$0.25
Ar1,104
|
$0.96
kr135
|
|
Onions (1 lb) |
$0.41
Ar1,793
|
$0.51
kr72
|
|
pay 8.4 times more for transportation
Madagascar
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.33
Ar19,060
|
$8.03
kr1,135
|
|
Monthly public transit pass |
$2.74
Ar12,060
|
$77.40
kr10,932
|
|
New Volkswagen Golf 1.4 (standard edition) |
$14,979.86
Ar65,896,735
|
$29,836.83
kr4,214,452
|
|
Taxi trip in downtown area (5 miles) |
$15.90
Ar69,952
|
$23.97
kr3,385
|
|
pay 3.6 times more for housing
Madagascar
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$58.15
Ar255,815
|
$62.40
kr8,814
|
|
1-Bedroom apartment in downtown area |
$465.53
Ar2,047,868
|
$1,437.14
kr202,996
|
|
1-Bedroom apartment outside city center |
$146.63
Ar645,030
|
$1,215.63
kr171,707
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$35.25
Ar155,051
|
$68.63
kr9,694
|
|
pay 32.7% more for childcare
Madagascar
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$138.28
Ar608,278
|
$259.34
kr36,632
|
|
Middle school for 1 child, two semesters |
$3,533.71
Ar15,544,871
|
$2,750.10
kr388,451
|
|
pay 3.6 times more for entertainment and sports
Madagascar
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$0.95
Ar4,182
|
$8.52
kr1,204
|
|
Cappuccino in mid-range area |
$1.21
Ar5,322
|
$4.15
kr587
|
|
Pack of cigarettes
Marlboro or similar
|
$5.30
Ar23,317
|
$10.64
kr1,502
|
|
Monthly membership at local gym |
$41.48
Ar182,483
|
$56.90
kr8,037
|
|
Movie ticket to theater/cinema |
$5.76
Ar25,345
|
$12.27
kr1,734
|
|
pay 2.5 times more for clothing
Madagascar
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$29.38
Ar129,259
|
$118.08
kr16,678
|
|
Regular dress
from H&M or similar store
|
$23.05
Ar101,380
|
$50.39
kr7,117
|
|
Running shoes
Nike or Adidas
|
$103.71
Ar456,208
|
$151.12
kr21,345
|
|
Men's business shoes (leather) |
$72.98
Ar321,035
|
$175.20
kr24,747
|
|
Change currency:
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Iceland or Madagascar. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.