Cost of living comparison
Iceland is 6.5% more expensive than Singapore.
If you lived in Iceland instead of Singapore, you would:
pay 96.1% more for restaurants
Singapore
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$7.52
$10.14
|
$17.84
kr2,439
|
|
Fast food combo meal
McDonalds, or similar
|
$6.77
$9.13
|
$14.27
kr1,951
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.59
$2.14
|
$2.32
kr317
|
|
Bottle of water (11 fl. oz) |
$1.12
$1.51
|
$2.12
kr290
|
|
pay 2.5% more for groceries
Singapore
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$2.08
$2.80
|
$3.42
kr468
|
|
Local cheese (8 oz) |
$9.38
$12.65
|
$5.98
kr818
|
|
Milk (1 gallon) |
$10.93
$14.74
|
$5.33
kr728
|
|
Eggs
1 dozen
|
$2.96
$3.99
|
$5.66
kr774
|
|
Boneless chicken breast (1 lb) |
$4.13
$5.57
|
$7.09
kr970
|
|
Apples (1 lb) |
$1.77
$2.39
|
$1.16
kr159
|
|
Bananas (1 lb) |
$1.23
$1.66
|
$0.98
kr134
|
|
Oranges (1 lb) |
$1.77
$2.38
|
$1.17
kr160
|
|
Tomatoes (1 lb) |
$1.37
$1.85
|
$1.84
kr251
|
|
Potatoes (1 lb) |
$1.04
$1.40
|
$0.96
kr131
|
|
Onions (1 lb) |
$1.03
$1.39
|
$0.51
kr70
|
|
pay 15.9% more for transportation
Singapore
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.83
$11.91
|
$8.03
kr1,099
|
|
Monthly public transit pass |
$96.26
$129.84
|
$77.40
kr10,584
|
|
New Volkswagen Golf 1.4 (standard edition) |
$112,798.92
$152,154.46
|
$29,836.83
kr4,080,131
|
|
Taxi trip in downtown area (5 miles) |
$9.02
$12.17
|
$23.97
kr3,277
|
|
pay 20.6% less for housing
Singapore
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$36.32
$48.99
|
$62.40
kr8,533
|
|
1-Bedroom apartment in downtown area |
$3,603.58
$4,860.87
|
$1,437.14
kr196,527
|
|
1-Bedroom apartment outside city center |
$2,425.90
$3,272.30
|
$1,215.63
kr166,234
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$123.15
$166.11
|
$68.63
kr9,385
|
|
pay 84.7% less for childcare
Singapore
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$1,261.73
$1,701.95
|
$259.34
kr35,465
|
|
Middle school for 1 child, two semesters |
$27,366.80
$36,915.08
|
$2,750.10
kr376,071
|
|
pay 8.2% less for entertainment and sports
Singapore
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$7.52
$10.14
|
$8.52
kr1,165
|
|
Cappuccino in mid-range area |
$4.69
$6.33
|
$4.15
kr568
|
|
Pack of cigarettes
Marlboro or similar
|
$11.28
$15.22
|
$10.64
kr1,454
|
|
Monthly membership at local gym |
$113.03
$152.47
|
$56.90
kr7,781
|
|
Movie ticket to theater/cinema |
$10.90
$14.71
|
$12.27
kr1,678
|
|
pay 44.2% more for clothing
Singapore
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$74.80
$100.90
|
$118.08
kr16,147
|
|
Regular dress
from H&M or similar store
|
$41.62
$56.14
|
$50.39
kr6,891
|
|
Running shoes
Nike or Adidas
|
$107.10
$144.47
|
$151.12
kr20,665
|
|
Men's business shoes (leather) |
$111.86
$150.89
|
$175.20
kr23,958
|
|
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