Cost of living comparison
Iceland is 79.9% more expensive than Papua New Guinea overall.
- Restaurants
-
pay 2.4 times more in Iceland
- Groceries
-
pay 34.7% more in Iceland
- Transportation
-
pay 2.6 times more in Iceland
- Housing
-
pay 5.5% more in Iceland
- Childcare
-
pay 7.3% less in Iceland
- Entertainment and Sports
-
pay 2.2 times more in Iceland
- Clothing
-
pay 2.1 times more in Iceland
The cost of transportation, restaurants, entertainment and sports, clothing, groceries, and housing in Iceland are more expensive than in Papua New Guinea. Notably, transportation, restaurants, and entertainment and sports are significantly more expensive in Iceland.
If you lived in Iceland instead of Papua New Guinea, you would:
pay 2.4 times more for restaurants
|
Papua New Guinea
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$12.38
PGK50.36
|
$19.40
ISK2,535
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.43
PGK30.22
|
$16.94
ISK2,214
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.80
PGK3.24
|
$2.81
ISK367
|
|
| Bottle of water (11 fl. oz) |
$0.89
PGK3.63
|
$2.02
ISK264
|
|
pay 34.7% more for groceries
|
Papua New Guinea
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.49
PGK6.04
|
$2.95
ISK386
|
|
| Local cheese (8 oz) |
$2.20
PGK8.94
|
$7.27
ISK949
|
|
| Milk (1 gallon) |
$7.01
PGK28.53
|
$6.01
ISK785
|
|
|
Eggs
1 dozen
|
$3.68
PGK14.99
|
$5.42
ISK708
|
|
| Boneless chicken breast (1 lb) |
$3.28
PGK13.33
|
$8.51
ISK1,112
|
|
| Apples (1 lb) |
$1.56
PGK6.33
|
$1.22
ISK160
|
|
| Bananas (1 lb) |
$1.19
PGK4.86
|
$1.03
ISK134
|
|
| Oranges (1 lb) |
$1.74
PGK7.09
|
$1.17
ISK153
|
|
| Tomatoes (1 lb) |
$2.02
PGK8.22
|
$1.87
ISK245
|
|
| Potatoes (1 lb) |
$1.57
PGK6.40
|
$1.23
ISK161
|
|
| Onions (1 lb) |
$1.37
PGK5.56
|
$0.78
ISK103
|
|
pay 2.6 times more for transportation
|
Papua New Guinea
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.29
PGK17.44
|
$8.36
ISK1,093
|
|
| Monthly public transit pass |
$16.69
PGK67.88
|
$71.28
ISK9,315
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$25,877.21
PGK105,262.01
|
$40,660.66
ISK5,313,942
|
|
| Taxi trip in downtown area (5 miles) |
$22.04
PGK89.65
|
$22.04
ISK2,880
|
|
pay 5.5% more for housing
|
Papua New Guinea
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$309.54
PGK1,259.11
|
$72.17
ISK9,432
|
|
| 1-Bedroom apartment in downtown area |
$2,346.03
PGK9,543.08
|
$1,838.04
ISK240,213
|
|
| 1-Bedroom apartment outside city center |
$609.17
PGK2,477.94
|
$1,497.77
ISK195,744
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$78.11
PGK317.74
|
$58.01
ISK7,582
|
|
pay 7.3% less for childcare
|
Papua New Guinea
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$494.23
PGK2,010.39
|
$258.16
ISK33,740
|
|
| Middle school for 1 child, two semesters |
$4,498.59
PGK18,299.14
|
$5,993.99
ISK783,355
|
|
pay 2.2 times more for entertainment and sports
|
Papua New Guinea
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.48
PGK10.07
|
$9.19
ISK1,201
|
|
| Cappuccino in mid-range area |
$1.83
PGK7.45
|
$4.65
ISK607
|
|
|
Pack of cigarettes
Marlboro or similar
|
$7.48
PGK30.42
|
$11.76
ISK1,536
|
|
| Monthly membership at local gym |
$45.19
PGK183.83
|
$61.46
ISK8,032
|
|
| Movie ticket to theater/cinema |
$8.67
PGK35.26
|
$14.35
ISK1,875
|
|
pay 2.1 times more for clothing
|
Papua New Guinea
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$39.25
PGK159.66
|
$111.23
ISK14,537
|
|
|
Regular dress
from H&M or similar store
|
$44.57
PGK181.31
|
$59.69
ISK7,801
|
|
|
Running shoes
Nike or Adidas
|
$64.38
PGK261.90
|
$148.00
ISK19,342
|
|
| Men's business shoes (leather) |
$98.43
PGK400.40
|
$184.49
ISK24,111
|
|
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