Cost of living comparison
Iceland is 3.2 times more expensive than Praia.
If you lived in Iceland instead of Praia, you would:
pay 2.4 times more for restaurants
|
Praia
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$4.33
CVE419.05
|
$15.00
kr1,574
|
|
|
Fast food combo meal
McDonalds, or similar
|
$5.78
CVE558.73
|
$12.33
kr1,294
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.36
CVE131.61
|
$2.20
kr231
|
|
| Bottle of water (11 fl. oz) |
$0.82
CVE79.15
|
$2.00
kr210
|
|
pay 2.2 times more for groceries
|
Praia
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.20
CVE116.40
|
$3.14
kr330
|
|
| Local cheese (8 oz) |
$0.96
CVE93.12
|
$5.86
kr615
|
|
| Milk (1 gallon) |
$3.45
CVE333.70
|
$5.16
kr542
|
|
|
Eggs
1 dozen
|
$2.31
CVE223.49
|
$5.51
kr578
|
|
| Boneless chicken breast (1 lb) |
$1.93
CVE186.91
|
$7.10
kr745
|
|
| Apples (1 lb) |
$1.20
CVE116.16
|
$1.19
kr125
|
|
| Bananas (1 lb) |
$0.87
CVE84.48
|
$1.08
kr114
|
|
| Oranges (1 lb) |
$0.87
CVE84.48
|
$1.13
kr119
|
|
| Tomatoes (1 lb) |
$0.92
CVE88.70
|
$1.70
kr179
|
|
| Potatoes (1 lb) |
$0.59
CVE57.02
|
$1.01
kr106
|
|
| Onions (1 lb) |
$0.63
CVE61.25
|
$0.66
kr69
|
|
pay 2.4 times more for transportation
|
Praia
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$5.05
CVE488.79
|
$7.21
kr757
|
|
| Monthly public transit pass |
$20.22
CVE1,955.55
|
$85.09
kr8,930
|
|
| New Volkswagen Golf 1.4 (standard edition) | ?? |
$27,857.83
kr2,923,679
|
|
| Taxi trip in downtown area (5 miles) |
$12.52
CVE1,210.58
|
$21.37
kr2,242
|
|
pay 4.4 times more for housing
|
Praia
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$63.66
CVE6,157.66
|
$66.89
kr7,020
|
|
| 1-Bedroom apartment in downtown area |
$288.81
CVE27,936.46
|
$1,349.42
kr141,621
|
|
| 1-Bedroom apartment outside city center |
$104.32
CVE10,091.27
|
$1,143.63
kr120,024
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$63.80
CVE6,171.58
|
$70.86
kr7,437
|
|
pay 3.7 times more for childcare
|
Praia
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$74.74
CVE7,229.80
|
$277.52
kr29,126
|
|
| Middle school for 1 child, two semesters | ?? |
$2,822.44
kr296,215
|
|
pay 3.5 times more for entertainment and sports
|
Praia
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.30
CVE125.71
|
$7.85
kr824
|
|
| Cappuccino in mid-range area |
$1.32
CVE127.27
|
$4.10
kr430
|
|
|
Pack of cigarettes
Marlboro or similar
|
$2.89
CVE279.36
|
$11.37
kr1,194
|
|
| Monthly membership at local gym |
$28.88
CVE2,793.65
|
$63.31
kr6,644
|
|
| Movie ticket to theater/cinema |
$5.78
CVE558.73
|
$11.69
kr1,227
|
|
pay 3.9 times more for clothing
|
Praia
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
?? |
$117.41
kr12,322
|
|
|
Regular dress
from H&M or similar store
|
$14.44
CVE1,396.82
|
$55.13
kr5,786
|
|
|
Running shoes
Nike or Adidas
|
$38.51
CVE3,724.86
|
$156.49
kr16,424
|
|
| Men's business shoes (leather) | ?? |
$191.54
kr20,102
|
|
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