Cost of living comparison
Iceland is 2.6 times more expensive than Minsk.
If you lived in Iceland instead of Minsk, you would:
pay 2.8 times more for restaurants
|
Minsk
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$9.90
BYN24.95
|
$17.84
kr2,428
|
|
|
Fast food combo meal
McDonalds, or similar
|
$5.33
BYN13.42
|
$14.27
kr1,942
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.85
BYN2.14
|
$2.32
kr315
|
|
| Bottle of water (11 fl. oz) |
$0.53
BYN1.32
|
$2.12
kr289
|
|
pay 2.3 times more for groceries
|
Minsk
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$0.67
BYN1.68
|
$3.42
kr466
|
|
| Local cheese (8 oz) |
$3.74
BYN9.44
|
$5.98
kr814
|
|
| Milk (1 gallon) |
$3.09
BYN7.79
|
$5.33
kr725
|
|
|
Eggs
1 dozen
|
$1.45
BYN3.66
|
$5.66
kr770
|
|
| Boneless chicken breast (1 lb) |
$1.94
BYN4.90
|
$7.09
kr966
|
|
| Apples (1 lb) |
$0.67
BYN1.68
|
$1.16
kr158
|
|
| Bananas (1 lb) |
$0.92
BYN2.31
|
$0.98
kr134
|
|
| Oranges (1 lb) |
$0.88
BYN2.21
|
$1.17
kr159
|
|
| Tomatoes (1 lb) |
$1.30
BYN3.26
|
$1.84
kr250
|
|
| Potatoes (1 lb) |
$0.35
BYN0.89
|
$0.96
kr130
|
|
| Onions (1 lb) |
$0.39
BYN0.98
|
$0.51
kr70
|
|
pay 3.8 times more for transportation
|
Minsk
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.70
BYN9.33
|
$8.03
kr1,094
|
|
| Monthly public transit pass |
$19.80
BYN49.90
|
$77.40
kr10,535
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$21,504.75
BYN54,191.51
|
$29,836.83
kr4,061,389
|
|
| Taxi trip in downtown area (5 miles) |
$3.17
BYN7.98
|
$23.97
kr3,262
|
|
pay 3.6 times more for housing
|
Minsk
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$13.59
BYN34.24
|
$62.40
kr8,494
|
|
| 1-Bedroom apartment in downtown area |
$403.93
BYN1,017.90
|
$1,437.14
kr195,624
|
|
| 1-Bedroom apartment outside city center |
$265.15
BYN668.16
|
$1,215.63
kr165,471
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$45.60
BYN114.91
|
$68.63
kr9,342
|
|
pay 51.3% less for childcare
|
Minsk
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$464.49
BYN1,170.50
|
$259.34
kr35,302
|
|
| Middle school for 1 child, two semesters |
$6,614.68
BYN16,668.85
|
$2,750.10
kr374,343
|
|
pay 3.8 times more for entertainment and sports
|
Minsk
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.24
BYN3.13
|
$8.52
kr1,160
|
|
| Cappuccino in mid-range area |
$1.77
BYN4.46
|
$4.15
kr565
|
|
|
Pack of cigarettes
Marlboro or similar
|
$1.90
BYN4.79
|
$10.64
kr1,448
|
|
| Monthly membership at local gym |
$36.75
BYN92.61
|
$56.90
kr7,746
|
|
| Movie ticket to theater/cinema |
$4.75
BYN11.98
|
$12.27
kr1,671
|
|
pay 41.1% more for clothing
|
Minsk
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$71.88
BYN181.15
|
$118.08
kr16,072
|
|
|
Regular dress
from H&M or similar store
|
$47.22
BYN118.99
|
$50.39
kr6,859
|
|
|
Running shoes
Nike or Adidas
|
$108.20
BYN272.66
|
$151.12
kr20,570
|
|
| Men's business shoes (leather) |
$113.87
BYN286.94
|
$175.20
kr23,848
|
|
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