Cost of living comparison
Iceland is 3.1 times more expensive than Rwanda.
If you lived in Iceland instead of Rwanda, you would:
pay 3.8 times more for restaurants
|
Rwanda
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$3.58
RWF4,855
|
$19.51
ISK2,683
|
|
|
Fast food combo meal
McDonalds, or similar
|
$6.57
RWF8,923
|
$16.45
ISK2,262
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.77
RWF1,050
|
$2.70
ISK372
|
|
| Bottle of water (11 fl. oz) |
$0.52
RWF700
|
$1.95
ISK269
|
|
pay 2.7 times more for groceries
|
Rwanda
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.05
RWF1,429
|
$3.16
ISK434
|
|
| Local cheese (8 oz) |
$2.51
RWF3,412
|
$6.72
ISK924
|
|
| Milk (1 gallon) |
$3.00
RWF4,078
|
$6.27
ISK862
|
|
|
Eggs
1 dozen
|
$1.63
RWF2,208
|
$6.03
ISK829
|
|
| Boneless chicken breast (1 lb) |
$2.26
RWF3,068
|
$7.60
ISK1,045
|
|
| Apples (1 lb) |
$1.53
RWF2,075
|
$1.13
ISK155
|
|
| Bananas (1 lb) |
$0.49
RWF661
|
$1.01
ISK139
|
|
| Oranges (1 lb) |
$0.90
RWF1,220
|
$1.15
ISK159
|
|
| Tomatoes (1 lb) |
$0.50
RWF678
|
$1.71
ISK236
|
|
| Potatoes (1 lb) |
$0.22
RWF304
|
$1.13
ISK155
|
|
| Onions (1 lb) |
$0.29
RWF395
|
$0.68
ISK94
|
|
pay 2.2 times more for transportation
|
Rwanda
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.70
RWF6,379
|
$8.42
ISK1,158
|
|
| Monthly public transit pass |
$20.49
RWF27,817
|
$68.29
ISK9,390
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$22,032.66
RWF29,916,715
|
$39,714.69
ISK5,460,770
|
|
| Taxi trip in downtown area (5 miles) |
$11.60
RWF15,746
|
$23.23
ISK3,194
|
|
pay 3.0 times more for housing
|
Rwanda
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$27.64
RWF37,527
|
$74.47
ISK10,240
|
|
| 1-Bedroom apartment in downtown area |
$508.02
RWF689,809
|
$1,518.94
ISK208,854
|
|
| 1-Bedroom apartment outside city center |
$309.23
RWF419,884
|
$1,325.48
ISK182,253
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$31.53
RWF42,812
|
$66.99
ISK9,211
|
|
pay 17.2% less for childcare
|
Rwanda
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$238.37
RWF323,660
|
$254.97
ISK35,058
|
|
| Middle school for 1 child, two semesters |
$10,243.25
RWF13,908,648
|
$5,993.83
ISK824,151
|
|
pay 4.5 times more for entertainment and sports
|
Rwanda
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.16
RWF1,575
|
$9.37
ISK1,289
|
|
| Cappuccino in mid-range area |
$2.22
RWF3,018
|
$4.61
ISK634
|
|
|
Pack of cigarettes
Marlboro or similar
|
$1.93
RWF2,624
|
$11.22
ISK1,542
|
|
| Monthly membership at local gym |
$30.92
RWF41,988
|
$60.00
ISK8,250
|
|
| Movie ticket to theater/cinema |
$3.09
RWF4,199
|
$13.94
ISK1,917
|
|
pay 4.4 times more for clothing
|
Rwanda
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$21.26
RWF28,867
|
$108.23
ISK14,882
|
|
|
Regular dress
from H&M or similar store
|
$25.12
RWF34,116
|
$59.73
ISK8,213
|
|
|
Running shoes
Nike or Adidas
|
$28.02
RWF38,052
|
$146.94
ISK20,204
|
|
| Men's business shoes (leather) |
$35.75
RWF48,549
|
$169.24
ISK23,270
|
|
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