Cost of living comparison
Iceland is 66.2% more expensive than Portugal.
If you lived in Iceland instead of Portugal, you would:
pay 79.2% more for restaurants
|
Portugal
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$9.57
€8.94
|
$17.84
kr2,513
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.35
€6.86
|
$14.27
kr2,010
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.54
€1.44
|
$2.32
kr327
|
|
| Bottle of water (11 fl. oz) |
$1.14
€1.07
|
$2.12
kr299
|
|
pay 85.6% more for groceries
|
Portugal
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.30
€1.21
|
$3.42
kr482
|
|
| Local cheese (8 oz) |
$4.41
€4.11
|
$5.98
kr843
|
|
| Milk (1 gallon) |
$3.12
€2.92
|
$5.33
kr750
|
|
|
Eggs
1 dozen
|
$2.31
€2.16
|
$5.66
kr797
|
|
| Boneless chicken breast (1 lb) |
$2.77
€2.58
|
$7.09
kr999
|
|
| Apples (1 lb) |
$0.81
€0.76
|
$1.16
kr164
|
|
| Bananas (1 lb) |
$0.59
€0.55
|
$0.98
kr138
|
|
| Oranges (1 lb) |
$0.68
€0.63
|
$1.17
kr165
|
|
| Tomatoes (1 lb) |
$0.84
€0.79
|
$1.84
kr259
|
|
| Potatoes (1 lb) |
$0.52
€0.49
|
$0.96
kr135
|
|
| Onions (1 lb) |
$0.59
€0.55
|
$0.51
kr72
|
|
pay 57.6% more for transportation
|
Portugal
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.86
€7.34
|
$8.03
kr1,132
|
|
| Monthly public transit pass |
$38.99
€36.39
|
$77.40
kr10,905
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$28,824.46
€26,904.75
|
$29,836.83
kr4,204,009
|
|
| Taxi trip in downtown area (5 miles) |
$10.59
€9.88
|
$23.97
kr3,377
|
|
pay 64.9% more for housing
|
Portugal
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$39.30
€36.68
|
$62.40
kr8,793
|
|
| 1-Bedroom apartment in downtown area |
$706.14
€659.11
|
$1,437.14
kr202,493
|
|
| 1-Bedroom apartment outside city center |
$551.18
€514.47
|
$1,215.63
kr171,282
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$89.45
€83.49
|
$68.63
kr9,670
|
|
pay 46.0% less for childcare
|
Portugal
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$353.18
€329.66
|
$259.34
kr36,542
|
|
| Middle school for 1 child, two semesters |
$7,965.43
€7,434.94
|
$2,750.10
kr387,489
|
|
pay 2.4 times more for entertainment and sports
|
Portugal
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.08
€1.94
|
$8.52
kr1,201
|
|
| Cappuccino in mid-range area |
$1.53
€1.43
|
$4.15
kr585
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.56
€5.19
|
$10.64
kr1,498
|
|
| Monthly membership at local gym |
$38.08
€35.55
|
$56.90
kr8,018
|
|
| Movie ticket to theater/cinema |
$7.48
€6.98
|
$12.27
kr1,729
|
|
pay 84.7% more for clothing
|
Portugal
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$76.28
€71.20
|
$118.08
kr16,637
|
|
|
Regular dress
from H&M or similar store
|
$33.29
€31.07
|
$50.39
kr7,100
|
|
|
Running shoes
Nike or Adidas
|
$69.03
€64.44
|
$151.12
kr21,292
|
|
| Men's business shoes (leather) |
$82.02
€76.56
|
$175.20
kr24,685
|
|
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