Cost of living comparison
Iceland is 2.9 times more expensive than Malawi.
If you lived in Iceland instead of Malawi, you would:
pay 4.3 times more for restaurants
Malawi
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$3.42
MWK5,908.34
|
$17.84
kr2,439
|
|
Fast food combo meal
McDonalds, or similar
|
$4.89
MWK8,440.49
|
$14.27
kr1,951
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.76
MWK1,318.83
|
$2.32
kr317
|
|
Bottle of water (11 fl. oz) |
$0.35
MWK604.90
|
$2.12
kr290
|
|
pay 2.5 times more for groceries
Malawi
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$0.68
MWK1,181.67
|
$3.42
kr468
|
|
Local cheese (8 oz) |
$7.09
MWK12,238.71
|
$5.98
kr818
|
|
Milk (1 gallon) |
$3.28
MWK5,656.87
|
$5.33
kr728
|
|
Eggs
1 dozen
|
$1.44
MWK2,479.25
|
$5.66
kr774
|
|
Boneless chicken breast (1 lb) |
$1.02
MWK1,752.04
|
$7.09
kr970
|
|
Apples (1 lb) |
$0.95
MWK1,641.73
|
$1.16
kr159
|
|
Bananas (1 lb) |
$0.50
MWK866.45
|
$0.98
kr134
|
|
Oranges (1 lb) |
$1.08
MWK1,863.23
|
$1.17
kr160
|
|
Tomatoes (1 lb) |
$0.64
MWK1,103.22
|
$1.84
kr251
|
|
Potatoes (1 lb) |
$0.73
MWK1,267.76
|
$0.96
kr131
|
|
Onions (1 lb) |
$0.70
MWK1,214.88
|
$0.51
kr70
|
|
pay 2.1 times more for transportation
Malawi
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.57
MWK7,892.90
|
$8.03
kr1,099
|
|
Monthly public transit pass |
$44.84
MWK77,399.30
|
$77.40
kr10,584
|
|
New Volkswagen Golf 1.4 (standard edition) |
$26,894.87
MWK46,422,697.29
|
$29,836.83
kr4,080,131
|
|
Taxi trip in downtown area (5 miles) |
$6.41
MWK11,057.04
|
$23.97
kr3,277
|
|
pay 4.1 times more for housing
Malawi
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$136.92
MWK236,333.73
|
$62.40
kr8,533
|
|
1-Bedroom apartment in downtown area |
$291.36
MWK502,912.55
|
$1,437.14
kr196,527
|
|
1-Bedroom apartment outside city center |
$135.70
MWK234,223.61
|
$1,215.63
kr166,234
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$35.40
MWK61,102.53
|
$68.63
kr9,385
|
|
pay 29.9% less for childcare
Malawi
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$268.95
MWK464,226.97
|
$259.34
kr35,465
|
|
Middle school for 1 child, two semesters |
$6,291.77
MWK10,860,097.67
|
$2,750.10
kr376,071
|
|
pay 4.3 times more for entertainment and sports
Malawi
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$0.78
MWK1,350.48
|
$8.52
kr1,165
|
|
Cappuccino in mid-range area |
$2.46
MWK4,242.75
|
$4.15
kr568
|
|
Pack of cigarettes
Marlboro or similar
|
$2.93
MWK5,064.29
|
$10.64
kr1,454
|
|
Monthly membership at local gym |
$22.98
MWK39,670.30
|
$56.90
kr7,781
|
|
Movie ticket to theater/cinema |
$4.04
MWK6,965.89
|
$12.27
kr1,678
|
|
pay 2.3 times more for clothing
Malawi
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$42.71
MWK73,713.62
|
$118.08
kr16,147
|
|
Regular dress
from H&M or similar store
|
$25.43
MWK43,890.55
|
$50.39
kr6,891
|
|
Running shoes
Nike or Adidas
|
$62.59
MWK108,038.28
|
$151.12
kr20,665
|
|
Men's business shoes (leather) |
$80.68
MWK139,268.09
|
$175.20
kr23,958
|
|
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