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
MWK3,694.78
|
$17.84
kr2,434
|
|
|
Fast food combo meal
McDonalds, or similar
|
$4.89
MWK5,278.25
|
$14.27
kr1,947
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.76
MWK824.73
|
$2.32
kr316
|
|
| Bottle of water (11 fl. oz) |
$0.35
MWK378.27
|
$2.12
kr290
|
|
pay 2.5 times more for groceries
|
Malawi
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$0.68
MWK738.96
|
$3.42
kr467
|
|
| Local cheese (8 oz) |
$7.09
MWK7,653.46
|
$5.98
kr816
|
|
| Milk (1 gallon) |
$3.28
MWK3,537.52
|
$5.33
kr727
|
|
|
Eggs
1 dozen
|
$1.44
MWK1,550.40
|
$5.66
kr772
|
|
| Boneless chicken breast (1 lb) |
$1.02
MWK1,095.63
|
$7.09
kr968
|
|
| Apples (1 lb) |
$0.95
MWK1,026.65
|
$1.16
kr159
|
|
| Bananas (1 lb) |
$0.50
MWK541.83
|
$0.98
kr134
|
|
| Oranges (1 lb) |
$1.08
MWK1,165.17
|
$1.17
kr160
|
|
| Tomatoes (1 lb) |
$0.64
MWK689.90
|
$1.84
kr251
|
|
| Potatoes (1 lb) |
$0.73
MWK792.80
|
$0.96
kr131
|
|
| Onions (1 lb) |
$0.70
MWK759.73
|
$0.51
kr70
|
|
pay 2.1 times more for transportation
|
Malawi
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.57
MWK4,935.81
|
$8.03
kr1,096
|
|
| Monthly public transit pass |
$44.84
MWK48,401.56
|
$77.40
kr10,562
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$26,894.87
MWK29,030,376.53
|
$29,836.83
kr4,071,534
|
|
| Taxi trip in downtown area (5 miles) |
$6.41
MWK6,914.51
|
$23.97
kr3,271
|
|
pay 4.1 times more for housing
|
Malawi
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$136.92
MWK147,791.01
|
$62.40
kr8,515
|
|
| 1-Bedroom apartment in downtown area |
$291.36
MWK314,495.75
|
$1,437.14
kr196,112
|
|
| 1-Bedroom apartment outside city center |
$135.70
MWK146,471.45
|
$1,215.63
kr165,884
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$35.40
MWK38,210.39
|
$68.63
kr9,365
|
|
pay 29.9% less for childcare
|
Malawi
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$268.95
MWK290,303.77
|
$259.34
kr35,390
|
|
| Middle school for 1 child, two semesters |
$6,291.77
MWK6,791,348.69
|
$2,750.10
kr375,278
|
|
pay 4.3 times more for entertainment and sports
|
Malawi
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$0.78
MWK844.52
|
$8.52
kr1,163
|
|
| Cappuccino in mid-range area |
$2.46
MWK2,653.20
|
$4.15
kr567
|
|
|
Pack of cigarettes
Marlboro or similar
|
$2.93
MWK3,166.95
|
$10.64
kr1,451
|
|
| Monthly membership at local gym |
$22.98
MWK24,807.78
|
$56.90
kr7,765
|
|
| Movie ticket to theater/cinema |
$4.04
MWK4,356.11
|
$12.27
kr1,675
|
|
pay 2.3 times more for clothing
|
Malawi
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$42.71
MWK46,096.72
|
$118.08
kr16,113
|
|
|
Regular dress
from H&M or similar store
|
$25.43
MWK27,446.90
|
$50.39
kr6,876
|
|
|
Running shoes
Nike or Adidas
|
$62.59
MWK67,561.60
|
$151.12
kr20,621
|
|
| Men's business shoes (leather) |
$80.68
MWK87,091.13
|
$175.20
kr23,907
|
|
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