Cost of living comparison
Iceland is 3.0 times more expensive than North Korea.
If you lived in Iceland instead of North Korea, you would:
pay 2.9 times more for restaurants
North Korea
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$4.27
₩3,840
|
$17.84
kr2,439
|
|
Fast food combo meal
McDonalds, or similar
|
$2.44
₩2,192
|
$14.27
kr1,951
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.78
₩2,504
|
$2.32
kr317
|
|
Bottle of water (11 fl. oz) |
$2.99
₩2,692
|
$2.12
kr290
|
|
pay 2.5 times more for groceries
North Korea
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$0.55
₩495
|
$3.42
kr468
|
|
Local cheese (8 oz) |
$1.25
₩1,125
|
$5.98
kr818
|
|
Milk (1 gallon) |
$0.99
₩891
|
$5.33
kr728
|
|
Eggs
1 dozen
|
$1.86
₩1,670
|
$5.66
kr774
|
|
Boneless chicken breast (1 lb) |
$3.00
₩2,699
|
$7.09
kr970
|
|
Apples (1 lb) |
$1.94
₩1,742
|
$1.16
kr159
|
|
Bananas (1 lb) |
$1.00
₩899
|
$0.98
kr134
|
|
Oranges (1 lb) |
$1.00
₩899
|
$1.17
kr160
|
|
Tomatoes (1 lb) |
$1.00
₩899
|
$1.84
kr251
|
|
Potatoes (1 lb) |
$1.00
₩899
|
$0.96
kr131
|
|
Onions (1 lb) |
$1.00
₩899
|
$0.51
kr70
|
|
pay 2.2 times more for transportation
North Korea
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.85
₩4,361
|
$8.03
kr1,099
|
|
Monthly public transit pass | ?? |
$77.40
kr10,584
|
|
New Volkswagen Golf 1.4 (standard edition) |
$27,250.00
₩24,525,000
|
$29,836.83
kr4,080,131
|
|
Taxi trip in downtown area (5 miles) |
$6.00
₩5,400
|
$23.97
kr3,277
|
|
pay 5.1 times more for housing
North Korea
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
?? |
$62.40
kr8,533
|
|
1-Bedroom apartment in downtown area |
$350.00
₩315,000
|
$1,437.14
kr196,527
|
|
1-Bedroom apartment outside city center |
$198.78
₩178,902
|
$1,215.63
kr166,234
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
?? |
$68.63
kr9,385
|
|
pay (unknown) more for childcare
North Korea
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly | ?? |
$259.34
kr35,465
|
|
Middle school for 1 child, two semesters | ?? |
$2,750.10
kr376,071
|
pay 75.7% more for entertainment and sports
North Korea
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$2.22
₩1,997
|
$8.52
kr1,165
|
|
Cappuccino in mid-range area |
$2.13
₩1,921
|
$4.15
kr568
|
|
Pack of cigarettes
Marlboro or similar
|
$18.88
₩16,992
|
$10.64
kr1,454
|
|
Monthly membership at local gym | ?? |
$56.90
kr7,781
|
|
Movie ticket to theater/cinema |
$18.02
₩16,214
|
$12.27
kr1,678
|
|
pay 3.7 times more for clothing
North Korea
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$27.23
₩24,510
|
$118.08
kr16,147
|
|
Regular dress
from H&M or similar store
|
?? |
$50.39
kr6,891
|
|
Running shoes
Nike or Adidas
|
$48.03
₩43,230
|
$151.12
kr20,665
|
|
Men's business shoes (leather) | ?? |
$175.20
kr23,958
|
|
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