Cost of living comparison
Iceland is 98.5% more expensive than Maldives.
If you lived in Iceland instead of Maldives, you would:
pay 3.6 times more for restaurants
Maldives
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$5.50
MVR83.96
|
$19.51
ISK2,708
|
|
Fast food combo meal
McDonalds, or similar
|
$8.82
MVR134.57
|
$16.45
ISK2,283
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.97
MVR14.88
|
$2.70
ISK375
|
|
Bottle of water (11 fl. oz) |
$0.32
MVR4.95
|
$1.95
ISK271
|
|
pay 72.2% more for groceries
Maldives
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$1.49
MVR22.77
|
$3.16
ISK438
|
|
Local cheese (8 oz) |
$4.49
MVR68.56
|
$6.72
ISK932
|
|
Milk (1 gallon) |
$6.87
MVR104.82
|
$6.27
ISK870
|
|
Eggs
1 dozen
|
$1.64
MVR24.97
|
$6.03
ISK837
|
|
Boneless chicken breast (1 lb) |
$2.09
MVR31.88
|
$7.60
ISK1,055
|
|
Apples (1 lb) |
$1.63
MVR24.96
|
$1.13
ISK156
|
|
Bananas (1 lb) |
$1.64
MVR24.98
|
$1.01
ISK140
|
|
Oranges (1 lb) |
$1.29
MVR19.68
|
$1.15
ISK160
|
|
Tomatoes (1 lb) |
$1.39
MVR21.23
|
$1.71
ISK238
|
|
Potatoes (1 lb) |
$0.48
MVR7.25
|
$1.13
ISK157
|
|
Onions (1 lb) |
$0.53
MVR8.13
|
$0.68
ISK95
|
|
pay 2.0 times more for transportation
Maldives
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$3.67
MVR55.97
|
$8.42
ISK1,169
|
|
Monthly public transit pass |
$21.35
MVR325.84
|
$68.29
ISK9,478
|
|
New Volkswagen Golf 1.4 (standard edition) |
$38,822.39
MVR592,623.85
|
$39,714.69
ISK5,511,605
|
|
Taxi trip in downtown area (5 miles) |
$14.56
MVR222.23
|
$23.23
ISK3,224
|
|
pay 16.8% more for housing
Maldives
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$74.35
MVR1,134.88
|
$74.47
ISK10,335
|
|
1-Bedroom apartment in downtown area |
$1,114.18
MVR17,007.96
|
$1,518.94
ISK210,798
|
|
1-Bedroom apartment outside city center |
$815.78
MVR12,452.92
|
$1,325.48
ISK183,950
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$98.13
MVR1,498.02
|
$66.99
ISK9,297
|
|
pay 89.8% more for childcare
Maldives
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$143.42
MVR2,189.29
|
$254.97
ISK35,384
|
|
Middle school for 1 child, two semesters |
$2,968.14
MVR45,308.64
|
$5,993.83
ISK831,823
|
|
pay 76.2% more for entertainment and sports
Maldives
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$3.15
MVR48.15
|
$9.37
ISK1,301
|
|
Cappuccino in mid-range area |
$2.74
MVR41.85
|
$4.61
ISK640
|
|
Pack of cigarettes
Marlboro or similar
|
$7.12
MVR108.65
|
$11.22
ISK1,557
|
|
Monthly membership at local gym |
$68.75
MVR1,049.42
|
$60.00
ISK8,327
|
|
Movie ticket to theater/cinema |
$8.17
MVR124.70
|
$13.94
ISK1,935
|
|
pay 76.4% more for clothing
Maldives
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$47.20
MVR720.45
|
$108.23
ISK15,020
|
|
Regular dress
from H&M or similar store
|
$45.15
MVR689.20
|
$59.73
ISK8,290
|
|
Running shoes
Nike or Adidas
|
$106.36
MVR1,623.52
|
$146.94
ISK20,392
|
|
Men's business shoes (leather) |
$82.23
MVR1,255.21
|
$169.24
ISK23,487
|
|
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