Cost of living comparison
Iceland is 6.2% cheaper than Tel Aviv-Yafo.
If you lived in Iceland instead of Tel Aviv-Yafo, you would:
pay 10.8% less for restaurants
Tel Aviv-Yafo
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$19.44
₪72.46
|
$17.84
ISK2,489
|
|
Fast food combo meal
McDonalds, or similar
|
$15.41
₪57.45
|
$14.27
ISK1,991
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.95
₪10.98
|
$2.32
ISK323
|
|
Bottle of water (11 fl. oz) |
$2.26
₪8.43
|
$2.12
ISK296
|
|
pay 20.2% more for groceries
Tel Aviv-Yafo
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$2.59
₪9.67
|
$3.42
ISK478
|
|
Local cheese (8 oz) |
$7.70
₪28.69
|
$5.98
ISK835
|
|
Milk (1 gallon) |
$6.50
₪24.24
|
$5.33
ISK743
|
|
Eggs
1 dozen
|
$3.89
₪14.52
|
$5.66
ISK790
|
|
Boneless chicken breast (1 lb) |
$5.01
₪18.69
|
$7.09
ISK990
|
|
Apples (1 lb) |
$1.55
₪5.77
|
$1.16
ISK162
|
|
Bananas (1 lb) |
$1.07
₪3.99
|
$0.98
ISK137
|
|
Oranges (1 lb) |
$0.81
₪3.03
|
$1.17
ISK163
|
|
Tomatoes (1 lb) |
$0.92
₪3.41
|
$1.84
ISK256
|
|
Potatoes (1 lb) |
$0.66
₪2.45
|
$0.96
ISK134
|
|
Onions (1 lb) |
$0.59
₪2.19
|
$0.51
ISK71
|
|
pay 14.2% more for transportation
Tel Aviv-Yafo
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$7.79
₪29.05
|
$8.03
ISK1,121
|
|
Monthly public transit pass |
$62.48
₪232.91
|
$77.40
ISK10,800
|
|
New Volkswagen Golf 1.4 (standard edition) |
$38,877.55
₪144,923.84
|
$29,836.83
ISK4,163,431
|
|
Taxi trip in downtown area (5 miles) |
$15.63
₪58.28
|
$23.97
ISK3,344
|
|
pay 8.7% more for housing
Tel Aviv-Yafo
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$29.36
₪109.46
|
$62.40
ISK8,708
|
|
1-Bedroom apartment in downtown area |
$1,631.61
₪6,082.15
|
$1,437.14
ISK200,539
|
|
1-Bedroom apartment outside city center |
$1,253.60
₪4,673.05
|
$1,215.63
ISK169,628
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$184.24
₪686.79
|
$68.63
ISK9,577
|
|
pay 82.4% less for childcare
Tel Aviv-Yafo
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$1,140.87
₪4,252.82
|
$259.34
ISK36,189
|
|
Middle school for 1 child, two semesters |
$22,083.78
₪82,321.72
|
$2,750.10
ISK383,749
|
|
pay 5.1% less for entertainment and sports
Tel Aviv-Yafo
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$9.03
₪33.64
|
$8.52
ISK1,189
|
|
Cappuccino in mid-range area |
$4.04
₪15.05
|
$4.15
ISK579
|
|
Pack of cigarettes
Marlboro or similar
|
$10.00
₪37.27
|
$10.64
ISK1,484
|
|
Monthly membership at local gym |
$78.37
₪292.12
|
$56.90
ISK7,940
|
|
Movie ticket to theater/cinema |
$12.50
₪46.58
|
$12.27
ISK1,713
|
|
pay 12.1% more for clothing
Tel Aviv-Yafo
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$98.20
₪366.07
|
$118.08
ISK16,476
|
|
Regular dress
from H&M or similar store
|
$63.39
₪236.30
|
$50.39
ISK7,031
|
|
Running shoes
Nike or Adidas
|
$121.76
₪453.88
|
$151.12
ISK21,087
|
|
Men's business shoes (leather) |
$140.76
₪524.71
|
$175.20
ISK24,447
|
|
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