Cost of living comparison
Iceland is 2.7 times more expensive than Peru.
If you lived in Iceland instead of Peru, you would:
pay 4.1 times more for restaurants
|
Peru
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$2.98
PEN11.06
|
$17.84
kr2,428
|
|
|
Fast food combo meal
McDonalds, or similar
|
$5.00
PEN18.57
|
$14.27
kr1,942
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.76
PEN2.81
|
$2.32
kr315
|
|
| Bottle of water (11 fl. oz) |
$0.46
PEN1.72
|
$2.12
kr289
|
|
pay 2.5 times more for groceries
|
Peru
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.30
PEN4.81
|
$3.42
kr466
|
|
| Local cheese (8 oz) |
$2.56
PEN9.49
|
$5.98
kr814
|
|
| Milk (1 gallon) |
$4.32
PEN16.04
|
$5.33
kr725
|
|
|
Eggs
1 dozen
|
$2.03
PEN7.54
|
$5.66
kr770
|
|
| Boneless chicken breast (1 lb) |
$2.13
PEN7.90
|
$7.09
kr966
|
|
| Apples (1 lb) |
$0.59
PEN2.17
|
$1.16
kr158
|
|
| Bananas (1 lb) |
$0.42
PEN1.55
|
$0.98
kr134
|
|
| Oranges (1 lb) |
$0.45
PEN1.66
|
$1.17
kr159
|
|
| Tomatoes (1 lb) |
$0.42
PEN1.54
|
$1.84
kr250
|
|
| Potatoes (1 lb) |
$0.38
PEN1.40
|
$0.96
kr130
|
|
| Onions (1 lb) |
$0.39
PEN1.44
|
$0.51
kr70
|
|
pay 2.4 times more for transportation
|
Peru
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$5.30
PEN19.68
|
$8.03
kr1,094
|
|
| Monthly public transit pass |
$16.55
PEN61.40
|
$77.40
kr10,535
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$20,417.59
PEN75,765.18
|
$29,836.83
kr4,061,389
|
|
| Taxi trip in downtown area (5 miles) |
$11.94
PEN44.29
|
$23.97
kr3,262
|
|
pay 3.7 times more for housing
|
Peru
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$29.53
PEN109.56
|
$62.40
kr8,494
|
|
| 1-Bedroom apartment in downtown area |
$277.70
PEN1,030.48
|
$1,437.14
kr195,624
|
|
| 1-Bedroom apartment outside city center |
$204.62
PEN759.30
|
$1,215.63
kr165,471
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$39.33
PEN145.94
|
$68.63
kr9,342
|
|
pay 8.3% more for childcare
|
Peru
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$162.20
PEN601.90
|
$259.34
kr35,302
|
|
| Middle school for 1 child, two semesters |
$4,852.04
PEN18,004.85
|
$2,750.10
kr374,343
|
|
pay 2.6 times more for entertainment and sports
|
Peru
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.83
PEN6.81
|
$8.52
kr1,160
|
|
| Cappuccino in mid-range area |
$2.60
PEN9.64
|
$4.15
kr565
|
|
|
Pack of cigarettes
Marlboro or similar
|
$4.57
PEN16.97
|
$10.64
kr1,448
|
|
| Monthly membership at local gym |
$31.17
PEN115.65
|
$56.90
kr7,746
|
|
| Movie ticket to theater/cinema |
$4.59
PEN17.02
|
$12.27
kr1,671
|
|
pay 2.6 times more for clothing
|
Peru
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$40.11
PEN148.82
|
$118.08
kr16,072
|
|
|
Regular dress
from H&M or similar store
|
$22.91
PEN85.02
|
$50.39
kr6,859
|
|
|
Running shoes
Nike or Adidas
|
$67.62
PEN250.91
|
$151.12
kr20,570
|
|
| Men's business shoes (leather) |
$59.99
PEN222.60
|
$175.20
kr23,848
|
|
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