Cost of living comparison
Iceland is 3.0 times more expensive than Russia.
If you lived in Iceland instead of Russia, you would:
pay 3.3 times more for restaurants
|
Russia
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$7.74
₽745.56
|
$17.84
kr2,434
|
|
|
Fast food combo meal
McDonalds, or similar
|
$4.69
₽451.63
|
$14.27
kr1,947
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.85
₽81.60
|
$2.32
kr316
|
|
| Bottle of water (11 fl. oz) |
$0.41
₽39.46
|
$2.12
kr290
|
|
pay 2.7 times more for groceries
|
Russia
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$0.54
₽51.53
|
$3.42
kr467
|
|
| Local cheese (8 oz) |
$4.40
₽423.89
|
$5.98
kr816
|
|
| Milk (1 gallon) |
$3.48
₽334.80
|
$5.33
kr727
|
|
|
Eggs
1 dozen
|
$1.27
₽122.66
|
$5.66
kr772
|
|
| Boneless chicken breast (1 lb) |
$1.79
₽172.27
|
$7.09
kr968
|
|
| Apples (1 lb) |
$0.62
₽59.28
|
$1.16
kr159
|
|
| Bananas (1 lb) |
$0.56
₽53.81
|
$0.98
kr134
|
|
| Oranges (1 lb) |
$0.66
₽63.77
|
$1.17
kr160
|
|
| Tomatoes (1 lb) |
$1.03
₽99.22
|
$1.84
kr251
|
|
| Potatoes (1 lb) |
$0.30
₽28.62
|
$0.96
kr131
|
|
| Onions (1 lb) |
$0.25
₽24.36
|
$0.51
kr70
|
|
pay 3.8 times more for transportation
|
Russia
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$2.37
₽228.57
|
$8.03
kr1,096
|
|
| Monthly public transit pass |
$19.36
₽1,863.93
|
$77.40
kr10,562
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$31,226.85
₽3,007,146.46
|
$29,836.83
kr4,071,534
|
|
| Taxi trip in downtown area (5 miles) |
$3.41
₽328.15
|
$23.97
kr3,271
|
|
pay 5.2 times more for housing
|
Russia
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$6.56
₽631.91
|
$62.40
kr8,515
|
|
| 1-Bedroom apartment in downtown area |
$310.33
₽29,884.60
|
$1,437.14
kr196,112
|
|
| 1-Bedroom apartment outside city center |
$214.38
₽20,644.42
|
$1,215.63
kr165,884
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.84
₽6,726.07
|
$68.63
kr9,365
|
|
pay 11.8% less for childcare
|
Russia
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$220.41
₽21,225.55
|
$259.34
kr35,390
|
|
| Middle school for 1 child, two semesters |
$4,693.93
₽452,025.24
|
$2,750.10
kr375,278
|
|
pay 3.5 times more for entertainment and sports
|
Russia
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.55
₽149.58
|
$8.52
kr1,163
|
|
| Cappuccino in mid-range area |
$1.73
₽166.81
|
$4.15
kr567
|
|
|
Pack of cigarettes
Marlboro or similar
|
$2.23
₽215.07
|
$10.64
kr1,451
|
|
| Monthly membership at local gym |
$31.55
₽3,038.62
|
$56.90
kr7,765
|
|
| Movie ticket to theater/cinema |
$4.06
₽391.12
|
$12.27
kr1,675
|
|
pay 78.0% more for clothing
|
Russia
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$62.85
₽6,052.89
|
$118.08
kr16,113
|
|
|
Regular dress
from H&M or similar store
|
$39.44
₽3,798.48
|
$50.39
kr6,876
|
|
|
Running shoes
Nike or Adidas
|
$79.13
₽7,620.51
|
$151.12
kr20,621
|
|
| Men's business shoes (leather) |
$85.30
₽8,214.61
|
$175.20
kr23,907
|
|
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