Cost of living comparison
Iceland is 2.2 times more expensive than Sarajevo.
If you lived in Iceland instead of Sarajevo, you would:
pay 2.3 times more for restaurants
|
Sarajevo
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$5.58
KM10.23
|
$17.84
kr2,519
|
|
|
Fast food combo meal
McDonalds, or similar
|
$5.58
KM10.23
|
$14.27
kr2,015
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.70
KM3.12
|
$2.32
kr327
|
|
| Bottle of water (11 fl. oz) |
$0.96
KM1.76
|
$2.12
kr300
|
|
pay 2.1 times more for groceries
|
Sarajevo
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$0.87
KM1.60
|
$3.42
kr484
|
|
| Local cheese (8 oz) |
$3.95
KM7.24
|
$5.98
kr845
|
|
| Milk (1 gallon) |
$4.65
KM8.52
|
$5.33
kr752
|
|
|
Eggs
1 dozen
|
$2.33
KM4.28
|
$5.66
kr799
|
|
| Boneless chicken breast (1 lb) |
$3.26
KM5.98
|
$7.09
kr1,002
|
|
| Apples (1 lb) |
$0.49
KM0.91
|
$1.16
kr164
|
|
| Bananas (1 lb) |
$0.70
KM1.28
|
$0.98
kr139
|
|
| Oranges (1 lb) |
$0.67
KM1.22
|
$1.17
kr166
|
|
| Tomatoes (1 lb) |
$0.79
KM1.44
|
$1.84
kr259
|
|
| Potatoes (1 lb) |
$0.39
KM0.72
|
$0.96
kr135
|
|
| Onions (1 lb) |
$0.41
KM0.76
|
$0.51
kr72
|
|
pay 2.1 times more for transportation
|
Sarajevo
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.60
KM12.10
|
$8.03
kr1,135
|
|
| Monthly public transit pass |
$29.59
KM54.24
|
$77.40
kr10,932
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$22,332.54
KM40,933.41
|
$29,836.83
kr4,214,452
|
|
| Taxi trip in downtown area (5 miles) |
$7.82
KM14.33
|
$23.97
kr3,385
|
|
pay 3.4 times more for housing
|
Sarajevo
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$27.16
KM49.78
|
$62.40
kr8,814
|
|
| 1-Bedroom apartment in downtown area |
$302.28
KM554.05
|
$1,437.14
kr202,996
|
|
| 1-Bedroom apartment outside city center |
$208.85
KM382.80
|
$1,215.63
kr171,707
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$130.45
KM239.10
|
$68.63
kr9,694
|
|
pay 8.3% more for childcare
|
Sarajevo
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$191.30
KM350.63
|
$259.34
kr36,632
|
|
| Middle school for 1 child, two semesters |
$3,396.41
KM6,225.29
|
$2,750.10
kr388,451
|
|
pay 2.7 times more for entertainment and sports
|
Sarajevo
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.23
KM4.09
|
$8.52
kr1,204
|
|
| Cappuccino in mid-range area |
$1.62
KM2.96
|
$4.15
kr587
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.35
KM6.14
|
$10.64
kr1,502
|
|
| Monthly membership at local gym |
$29.74
KM54.52
|
$56.90
kr8,037
|
|
| Movie ticket to theater/cinema |
$5.58
KM10.23
|
$12.27
kr1,734
|
|
pay 67.0% more for clothing
|
Sarajevo
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$75.67
KM138.70
|
$118.08
kr16,678
|
|
|
Regular dress
from H&M or similar store
|
$33.85
KM62.05
|
$50.39
kr7,117
|
|
|
Running shoes
Nike or Adidas
|
$84.86
KM155.55
|
$151.12
kr21,345
|
|
| Men's business shoes (leather) |
$94.65
KM173.48
|
$175.20
kr24,747
|
|
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