Cost of living comparison
Iceland is 2.7 times more expensive than Peru.
If you lived in Iceland instead of Peru, you would:
pay 3.7 times more for restaurants
|
Peru
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$2.61
PEN8.47
|
$15.00
kr1,574
|
|
|
Fast food combo meal
McDonalds, or similar
|
$5.18
PEN16.78
|
$12.33
kr1,294
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.83
PEN2.68
|
$2.20
kr231
|
|
| Bottle of water (11 fl. oz) |
$0.49
PEN1.58
|
$2.00
kr210
|
|
pay 2.8 times more for groceries
|
Peru
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.45
PEN4.69
|
$3.14
kr330
|
|
| Local cheese (8 oz) |
$2.20
PEN7.13
|
$5.86
kr615
|
|
| Milk (1 gallon) |
$4.64
PEN15.06
|
$5.16
kr542
|
|
|
Eggs
1 dozen
|
$1.50
PEN4.88
|
$5.51
kr578
|
|
| Boneless chicken breast (1 lb) |
$1.70
PEN5.50
|
$7.10
kr745
|
|
| Apples (1 lb) |
$0.57
PEN1.86
|
$1.19
kr125
|
|
| Bananas (1 lb) |
$0.37
PEN1.20
|
$1.08
kr114
|
|
| Oranges (1 lb) |
$0.46
PEN1.48
|
$1.13
kr119
|
|
| Tomatoes (1 lb) |
$0.38
PEN1.24
|
$1.70
kr179
|
|
| Potatoes (1 lb) |
$0.30
PEN0.96
|
$1.01
kr106
|
|
| Onions (1 lb) |
$0.32
PEN1.02
|
$0.66
kr69
|
|
pay 2.5 times more for transportation
|
Peru
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.09
PEN13.25
|
$7.21
kr757
|
|
| Monthly public transit pass |
$18.20
PEN59.03
|
$85.09
kr8,930
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$15,958.89
PEN51,746.70
|
$27,857.83
kr2,923,679
|
|
| Taxi trip in downtown area (5 miles) |
$11.83
PEN38.35
|
$21.37
kr2,242
|
|
pay 3.0 times more for housing
|
Peru
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$35.83
PEN116.19
|
$66.89
kr7,020
|
|
| 1-Bedroom apartment in downtown area |
$343.66
PEN1,114.32
|
$1,349.42
kr141,621
|
|
| 1-Bedroom apartment outside city center |
$237.19
PEN769.09
|
$1,143.63
kr120,024
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$45.65
PEN148.03
|
$70.86
kr7,437
|
|
pay 40.4% more for childcare
|
Peru
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$131.80
PEN427.37
|
$277.52
kr29,126
|
|
| Middle school for 1 child, two semesters |
$4,020.10
PEN13,035.17
|
$2,822.44
kr296,215
|
|
pay 2.7 times more for entertainment and sports
|
Peru
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.71
PEN5.54
|
$7.85
kr824
|
|
| Cappuccino in mid-range area |
$2.39
PEN7.74
|
$4.10
kr430
|
|
|
Pack of cigarettes
Marlboro or similar
|
$4.14
PEN13.43
|
$11.37
kr1,194
|
|
| Monthly membership at local gym |
$36.36
PEN117.89
|
$63.31
kr6,644
|
|
| Movie ticket to theater/cinema |
$4.71
PEN15.26
|
$11.69
kr1,227
|
|
pay 2.5 times more for clothing
|
Peru
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$40.03
PEN129.80
|
$117.41
kr12,322
|
|
|
Regular dress
from H&M or similar store
|
$28.91
PEN93.74
|
$55.13
kr5,786
|
|
|
Running shoes
Nike or Adidas
|
$68.36
PEN221.65
|
$156.49
kr16,424
|
|
| Men's business shoes (leather) |
$65.84
PEN213.47
|
$191.54
kr20,102
|
|
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