Cost of living comparison
Iceland is 2.6 times more expensive than Managua.
If you lived in Iceland instead of Managua, you would:
pay 3.1 times more for restaurants
Managua
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$4.95
C$183.12
|
$17.84
kr2,519
|
|
Fast food combo meal
McDonalds, or similar
|
$5.52
C$204.12
|
$14.27
kr2,015
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.65
C$23.86
|
$2.32
kr327
|
|
Bottle of water (11 fl. oz) |
$0.76
C$28.06
|
$2.12
kr300
|
|
pay 99.9% more for groceries
Managua
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$1.38
C$51.07
|
$3.42
kr484
|
|
Local cheese (8 oz) |
$1.90
C$70.26
|
$5.98
kr845
|
|
Milk (1 gallon) |
$3.95
C$145.92
|
$5.33
kr752
|
|
Eggs
1 dozen
|
$1.98
C$73.14
|
$5.66
kr799
|
|
Boneless chicken breast (1 lb) |
$2.29
C$84.80
|
$7.09
kr1,002
|
|
Apples (1 lb) |
$2.18
C$80.71
|
$1.16
kr164
|
|
Bananas (1 lb) |
$0.48
C$17.86
|
$0.98
kr139
|
|
Oranges (1 lb) |
$0.78
C$28.66
|
$1.17
kr166
|
|
Tomatoes (1 lb) |
$0.69
C$25.66
|
$1.84
kr259
|
|
Potatoes (1 lb) |
$0.67
C$24.92
|
$0.96
kr135
|
|
Onions (1 lb) |
$0.55
C$20.34
|
$0.51
kr72
|
|
pay 3.3 times more for transportation
Managua
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.73
C$174.75
|
$8.03
kr1,135
|
|
Monthly public transit pass |
$10.00
C$369.60
|
$77.40
kr10,932
|
|
New Volkswagen Golf 1.4 (standard edition) |
$19,000.00
C$702,240.00
|
$29,836.83
kr4,214,452
|
|
Taxi trip in downtown area (5 miles) |
$10.46
C$386.70
|
$23.97
kr3,385
|
|
pay 3.7 times more for housing
Managua
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$58.25
C$2,152.74
|
$62.40
kr8,814
|
|
1-Bedroom apartment in downtown area |
$235.71
C$8,712.00
|
$1,437.14
kr202,996
|
|
1-Bedroom apartment outside city center |
$186.67
C$6,899.20
|
$1,215.63
kr171,707
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$52.74
C$1,949.23
|
$68.63
kr9,694
|
|
pay 38.8% more for childcare
Managua
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$126.63
C$4,680.40
|
$259.34
kr36,632
|
|
Middle school for 1 child, two semesters |
$3,774.75
C$139,514.71
|
$2,750.10
kr388,451
|
|
pay 2.7 times more for entertainment and sports
Managua
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.95
C$72.07
|
$8.52
kr1,204
|
|
Cappuccino in mid-range area |
$2.17
C$80.10
|
$4.15
kr587
|
|
Pack of cigarettes
Marlboro or similar
|
$3.00
C$110.88
|
$10.64
kr1,502
|
|
Monthly membership at local gym |
$30.40
C$1,123.62
|
$56.90
kr8,037
|
|
Movie ticket to theater/cinema |
$6.57
C$242.93
|
$12.27
kr1,734
|
|
pay 95.4% more for clothing
Managua
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$46.93
C$1,734.54
|
$118.08
kr16,678
|
|
Regular dress
from H&M or similar store
|
$42.70
C$1,578.02
|
$50.39
kr7,117
|
|
Running shoes
Nike or Adidas
|
$77.56
C$2,866.66
|
$151.12
kr21,345
|
|
Men's business shoes (leather) |
$80.63
C$2,979.97
|
$175.20
kr24,747
|
|
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