Cost of living comparison
Iceland is 1.1% more expensive than Massachusetts.
If you lived in Iceland instead of Massachusetts, you would:
pay 1.4% more for restaurants
|
Massachusetts
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$21.36
|
$17.84
kr2,434
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.01
|
$14.27
kr1,947
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.73
|
$2.32
kr316
|
|
| Bottle of water (11 fl. oz) |
$2.24
|
$2.12
kr290
|
|
pay 10.2% less for groceries
|
Massachusetts
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.46
|
$3.42
kr467
|
|
| Local cheese (8 oz) |
$8.18
|
$5.98
kr816
|
|
| Milk (1 gallon) |
$4.13
|
$5.33
kr727
|
|
|
Eggs
1 dozen
|
$3.94
|
$5.66
kr772
|
|
| Boneless chicken breast (1 lb) |
$4.94
|
$7.09
kr968
|
|
| Apples (1 lb) |
$2.44
|
$1.16
kr159
|
|
| Bananas (1 lb) |
$0.81
|
$0.98
kr134
|
|
| Oranges (1 lb) |
$2.16
|
$1.17
kr160
|
|
| Tomatoes (1 lb) |
$2.40
|
$1.84
kr251
|
|
| Potatoes (1 lb) |
$1.47
|
$0.96
kr131
|
|
| Onions (1 lb) |
$1.50
|
$0.51
kr70
|
|
pay 50.3% more for transportation
|
Massachusetts
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.63
|
$8.03
kr1,096
|
|
| Monthly public transit pass |
$61.20
|
$77.40
kr10,562
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$27,045.17
|
$29,836.83
kr4,071,534
|
|
| Taxi trip in downtown area (5 miles) |
$16.77
|
$23.97
kr3,271
|
|
pay 33.2% less for housing
|
Massachusetts
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$80.36
|
$62.40
kr8,515
|
|
| 1-Bedroom apartment in downtown area |
$1,973.24
|
$1,437.14
kr196,112
|
|
| 1-Bedroom apartment outside city center |
$1,612.24
|
$1,215.63
kr165,884
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$166.10
|
$68.63
kr9,365
|
|
pay 89.2% less for childcare
|
Massachusetts
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$2,203.13
|
$259.34
kr35,390
|
|
| Middle school for 1 child, two semesters |
$28,357.14
|
$2,750.10
kr375,278
|
|
pay 5.2% more for entertainment and sports
|
Massachusetts
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$6.15
|
$8.52
kr1,163
|
|
| Cappuccino in mid-range area |
$4.74
|
$4.15
kr567
|
|
|
Pack of cigarettes
Marlboro or similar
|
$10.90
|
$10.64
kr1,451
|
|
| Monthly membership at local gym |
$53.06
|
$56.90
kr7,765
|
|
| Movie ticket to theater/cinema |
$12.93
|
$12.27
kr1,675
|
|
pay 83.6% more for clothing
|
Massachusetts
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$45.25
|
$118.08
kr16,113
|
|
|
Regular dress
from H&M or similar store
|
$40.58
|
$50.39
kr6,876
|
|
|
Running shoes
Nike or Adidas
|
$80.00
|
$151.12
kr20,621
|
|
| Men's business shoes (leather) |
$109.30
|
$175.20
kr23,907
|
|
Change currency:
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Iceland or Massachusetts. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.