Cost of living comparison
Iceland is 3.3 times more expensive than Russia.
If you lived in Iceland instead of Russia, you would:
pay 3.7 times more for restaurants
|
Russia
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$6.85
RUB620.76
|
$19.51
ISK2,678
|
|
|
Fast food combo meal
McDonalds, or similar
|
$4.21
RUB381.03
|
$16.45
ISK2,257
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.84
RUB76.31
|
$2.70
ISK371
|
|
| Bottle of water (11 fl. oz) |
$0.41
RUB36.85
|
$1.95
ISK268
|
|
pay 3.2 times more for groceries
|
Russia
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$0.49
RUB44.10
|
$3.16
ISK433
|
|
| Local cheese (8 oz) |
$3.93
RUB356.04
|
$6.72
ISK922
|
|
| Milk (1 gallon) |
$3.21
RUB290.43
|
$6.27
ISK861
|
|
|
Eggs
1 dozen
|
$1.21
RUB109.98
|
$6.03
ISK828
|
|
| Boneless chicken breast (1 lb) |
$1.72
RUB156.08
|
$7.60
ISK1,043
|
|
| Apples (1 lb) |
$0.56
RUB50.93
|
$1.13
ISK155
|
|
| Bananas (1 lb) |
$0.56
RUB50.64
|
$1.01
ISK138
|
|
| Oranges (1 lb) |
$0.75
RUB67.68
|
$1.15
ISK158
|
|
| Tomatoes (1 lb) |
$0.90
RUB81.73
|
$1.71
ISK235
|
|
| Potatoes (1 lb) |
$0.22
RUB19.94
|
$1.13
ISK155
|
|
| Onions (1 lb) |
$0.22
RUB19.80
|
$0.68
ISK94
|
|
pay 3.5 times more for transportation
|
Russia
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$2.21
RUB200.20
|
$8.42
ISK1,156
|
|
| Monthly public transit pass |
$19.07
RUB1,726.61
|
$68.29
ISK9,373
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$28,869.86
RUB2,614,481.10
|
$39,714.69
ISK5,450,444
|
|
| Taxi trip in downtown area (5 miles) |
$4.42
RUB400.46
|
$23.23
ISK3,188
|
|
pay 5.9 times more for housing
|
Russia
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$6.26
RUB567.15
|
$74.47
ISK10,221
|
|
| 1-Bedroom apartment in downtown area |
$317.16
RUB28,722.48
|
$1,518.94
ISK208,459
|
|
| 1-Bedroom apartment outside city center |
$217.57
RUB19,703.08
|
$1,325.48
ISK181,909
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$68.11
RUB6,168.52
|
$66.99
ISK9,194
|
|
pay 14.0% more for childcare
|
Russia
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$212.06
RUB19,204.26
|
$254.97
ISK34,992
|
|
| Middle school for 1 child, two semesters |
$5,562.55
RUB503,749.30
|
$5,993.83
ISK822,593
|
|
pay 3.9 times more for entertainment and sports
|
Russia
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.50
RUB135.67
|
$9.37
ISK1,287
|
|
| Cappuccino in mid-range area |
$1.72
RUB155.51
|
$4.61
ISK633
|
|
|
Pack of cigarettes
Marlboro or similar
|
$2.19
RUB198.61
|
$11.22
ISK1,539
|
|
| Monthly membership at local gym |
$29.01
RUB2,626.79
|
$60.00
ISK8,235
|
|
| Movie ticket to theater/cinema |
$4.18
RUB378.54
|
$13.94
ISK1,913
|
|
pay 88.1% more for clothing
|
Russia
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$58.04
RUB5,256.21
|
$108.23
ISK14,854
|
|
|
Regular dress
from H&M or similar store
|
$36.63
RUB3,317.54
|
$59.73
ISK8,198
|
|
|
Running shoes
Nike or Adidas
|
$78.11
RUB7,073.49
|
$146.94
ISK20,166
|
|
| Men's business shoes (leather) |
$78.83
RUB7,138.91
|
$169.24
ISK23,226
|
|
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