Cost of living comparison
Iceland is 12.6% more expensive than Oregon.
If you lived in Iceland instead of Oregon, you would:
pay 15.7% more for restaurants
Oregon
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$17.55
|
$19.51
ISK2,647
|
|
Fast food combo meal
McDonalds, or similar
|
$11.07
|
$16.45
ISK2,231
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.50
|
$2.70
ISK367
|
|
Bottle of water (11 fl. oz) |
$2.07
|
$1.95
ISK265
|
|
pay 6.5% more for groceries
Oregon
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$3.61
|
$3.16
ISK428
|
|
Local cheese (8 oz) |
$6.29
|
$6.72
ISK911
|
|
Milk (1 gallon) |
$3.90
|
$6.27
ISK851
|
|
Eggs
1 dozen
|
$3.75
|
$6.03
ISK818
|
|
Boneless chicken breast (1 lb) |
$5.67
|
$7.60
ISK1,031
|
|
Apples (1 lb) |
$2.02
|
$1.13
ISK153
|
|
Bananas (1 lb) |
$0.75
|
$1.01
ISK137
|
|
Oranges (1 lb) |
$1.89
|
$1.15
ISK157
|
|
Tomatoes (1 lb) |
$1.90
|
$1.71
ISK232
|
|
Potatoes (1 lb) |
$1.05
|
$1.13
ISK153
|
|
Onions (1 lb) |
$0.95
|
$0.68
ISK92
|
|
pay 49.3% more for transportation
Oregon
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.14
|
$8.42
ISK1,142
|
|
Monthly public transit pass |
$57.22
|
$68.29
ISK9,265
|
|
New Volkswagen Golf 1.4 (standard edition) |
$29,235.25
|
$39,714.69
ISK5,387,695
|
|
Taxi trip in downtown area (5 miles) |
$16.74
|
$23.23
ISK3,151
|
|
pay 9.0% less for housing
Oregon
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$62.14
|
$74.47
ISK10,103
|
|
1-Bedroom apartment in downtown area |
$1,574.26
|
$1,518.94
ISK206,059
|
|
1-Bedroom apartment outside city center |
$1,346.67
|
$1,325.48
ISK179,814
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$136.19
|
$66.99
ISK9,088
|
|
pay 74.3% less for childcare
Oregon
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$1,240.35
|
$254.97
ISK34,589
|
|
Middle school for 1 child, two semesters |
$19,448.78
|
$5,993.83
ISK813,122
|
|
pay 13.5% more for entertainment and sports
Oregon
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$5.98
|
$9.37
ISK1,272
|
|
Cappuccino in mid-range area |
$4.98
|
$4.61
ISK626
|
|
Pack of cigarettes
Marlboro or similar
|
$10.07
|
$11.22
ISK1,522
|
|
Monthly membership at local gym |
$63.43
|
$60.00
ISK8,140
|
|
Movie ticket to theater/cinema |
$12.45
|
$13.94
ISK1,891
|
|
pay 86.8% more for clothing
Oregon
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$47.66
|
$108.23
ISK14,683
|
|
Regular dress
from H&M or similar store
|
$37.32
|
$59.73
ISK8,103
|
|
Running shoes
Nike or Adidas
|
$84.48
|
$146.94
ISK19,934
|
|
Men's business shoes (leather) |
$90.85
|
$169.24
ISK22,959
|
|
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