Cost of living comparison
Iceland is 3.4 times more expensive than Minsk.
If you lived in Iceland instead of Minsk, you would:
pay 3.4 times more for restaurants
|
Minsk
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$7.40
BYN25.08
|
$15.00
kr2,051
|
|
|
Fast food combo meal
McDonalds, or similar
|
$3.92
BYN13.30
|
$12.33
kr1,686
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.66
BYN2.23
|
$2.20
kr301
|
|
| Bottle of water (11 fl. oz) |
$0.39
BYN1.33
|
$2.00
kr274
|
|
pay 3.2 times more for groceries
|
Minsk
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$0.44
BYN1.49
|
$3.14
kr430
|
|
| Local cheese (8 oz) |
$2.65
BYN8.97
|
$5.86
kr801
|
|
| Milk (1 gallon) |
$2.19
BYN7.43
|
$5.16
kr706
|
|
|
Eggs
1 dozen
|
$1.08
BYN3.66
|
$5.51
kr754
|
|
| Boneless chicken breast (1 lb) |
$1.39
BYN4.70
|
$7.10
kr971
|
|
| Apples (1 lb) |
$0.54
BYN1.83
|
$1.19
kr163
|
|
| Bananas (1 lb) |
$0.68
BYN2.31
|
$1.08
kr148
|
|
| Oranges (1 lb) |
$0.65
BYN2.20
|
$1.13
kr155
|
|
| Tomatoes (1 lb) |
$1.03
BYN3.51
|
$1.70
kr233
|
|
| Potatoes (1 lb) |
$0.27
BYN0.90
|
$1.01
kr139
|
|
| Onions (1 lb) |
$0.25
BYN0.85
|
$0.66
kr91
|
|
pay 4.8 times more for transportation
|
Minsk
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$2.45
BYN8.29
|
$7.21
kr986
|
|
| Monthly public transit pass |
$15.30
BYN51.84
|
$85.09
kr11,636
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$15,398.01
BYN52,171.03
|
$27,857.83
kr3,809,558
|
|
| Taxi trip in downtown area (5 miles) |
$2.37
BYN8.03
|
$21.37
kr2,922
|
|
pay 4.2 times more for housing
|
Minsk
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$10.66
BYN36.13
|
$66.89
kr9,148
|
|
| 1-Bedroom apartment in downtown area |
$354.84
BYN1,202.26
|
$1,349.42
kr184,533
|
|
| 1-Bedroom apartment outside city center |
$244.98
BYN830.05
|
$1,143.63
kr156,391
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$32.96
BYN111.67
|
$70.86
kr9,690
|
|
pay 39.6% less for childcare
|
Minsk
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$408.11
BYN1,382.75
|
$277.52
kr37,951
|
|
| Middle school for 1 child, two semesters |
$5,340.67
BYN18,095.07
|
$2,822.44
kr385,968
|
|
pay 5.4 times more for entertainment and sports
|
Minsk
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$0.89
BYN3.01
|
$7.85
kr1,074
|
|
| Cappuccino in mid-range area |
$1.32
BYN4.46
|
$4.10
kr561
|
|
|
Pack of cigarettes
Marlboro or similar
|
$1.33
BYN4.51
|
$11.37
kr1,555
|
|
| Monthly membership at local gym |
$24.81
BYN84.06
|
$63.31
kr8,658
|
|
| Movie ticket to theater/cinema |
$2.98
BYN10.10
|
$11.69
kr1,599
|
|
pay 2.1 times more for clothing
|
Minsk
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$47.13
BYN159.67
|
$117.41
kr16,056
|
|
|
Regular dress
from H&M or similar store
|
$34.30
BYN116.23
|
$55.13
kr7,539
|
|
|
Running shoes
Nike or Adidas
|
$76.80
BYN260.23
|
$156.49
kr21,401
|
|
| Men's business shoes (leather) |
$79.22
BYN268.41
|
$191.54
kr26,193
|
|
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