Cost of living comparison

compared to

Iceland vs. Tripoli Cost of Living Summary

Iceland is 7.4 times more expensive than Tripoli.

Restaurants: pay 8.2 times more in Iceland
Groceries: pay 4.1 times more in Iceland
Transportation: pay 20.0 times more in Iceland
Housing: pay 6.5 times more in Iceland
Childcare: pay 4.3 times more in Iceland
Entertainment and Sports: pay 6.2 times more in Iceland
Clothing: pay 2.7 times more in Iceland

The cost of transportation, restaurants, housing, entertainment and sports, childcare, and groceries in Iceland are more expensive than in Tripoli. Notably, transportation, restaurants, and housing are significantly more expensive in Iceland.

Iceland vs. Tripoli Cost Breakdown

If you lived in Iceland instead of Tripoli, you would:

Display currency: USD

pay 8.2 times more for restaurants

	Tripoli	Iceland
Basic meal with drink at inexpensive restaurant	$5.63 LYD27.660	$19.40 ISK2,705	+244.3%
Fast food combo meal McDonalds, or similar	$4.10 LYD20.120	$16.94 ISK2,362	+313.5%
Bottle of Coca-Cola (11 fl. oz)	$0.50 LYD2.480	$2.81 ISK392	+457.5%
Bottle of water (11 fl. oz)	$0.10 LYD0.500	$2.02 ISK282	+1873.8%
Average			+722.3%

Tripoli vs. Iceland - Cost of restaurants

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pay 4.1 times more for groceries

	Tripoli	Iceland
Bread 1 loaf	$0.27 LYD1.310	$2.95 ISK412	+1004.6%
Local cheese (8 oz)	$2.57 LYD12.640	$7.27 ISK1,013	+182.2%
Milk (1 gallon)	$4.05 LYD19.870	$6.01 ISK837	+48.4%
Eggs 1 dozen	$1.48 LYD7.260	$5.42 ISK756	+266.5%
Boneless chicken breast (1 lb)	$1.59 LYD7.800	$8.51 ISK1,186	+435.7%
Apples (1 lb)	$0.88 LYD4.340	$1.22 ISK171	+38.6%
Bananas (1 lb)	$0.57 LYD2.810	$1.03 ISK143	+79.4%
Oranges (1 lb)	$0.36 LYD1.750	$1.17 ISK163	+228.6%
Tomatoes (1 lb)	$0.25 LYD1.220	$1.87 ISK261	+655.8%
Potatoes (1 lb)	$0.30 LYD1.460	$1.23 ISK172	+314.9%
Onions (1 lb)	$0.32 LYD1.590	$0.78 ISK109	+142.8%
Average			+308.9%

Tripoli vs. Iceland - Cost of groceries

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pay 20.0 times more for transportation

	Tripoli	Iceland
Gasoline (1 gallon)	$0.12 LYD0.570	$8.36 ISK1,166	+7088.9%
Monthly public transit pass	$22.74 LYD111.680	$71.28 ISK9,938	+213.4%
New Volkswagen Golf 1.4 (standard edition)	$14,851.83 LYD72,933.810	$40,660.66 ISK5,669,316	+173.8%
Taxi trip in downtown area (5 miles)	$9.32 LYD45.770	$22.04 ISK3,073	+136.4%
Average			+1903.1%

Tripoli vs. Iceland - Cost of transportation

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pay 6.5 times more for housing

	Tripoli	Iceland
Internet connection 50 mbps or faster, cable/dsl	$20.49 LYD100.600	$72.17 ISK10,063	+252.3%
1-Bedroom apartment in downtown area	$210.71 LYD1,034.730	$1,838.04 ISK256,278	+772.3%
1-Bedroom apartment outside city center	$130.23 LYD639.520	$1,497.77 ISK208,834	+1050.1%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$26.36 LYD129.460	$58.01 ISK8,089	+120.1%
Average			+548.7%

Tripoli vs. Iceland - Cost of housing

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pay 4.3 times more for childcare

	Tripoli	Iceland
Private preschool for 1 child, monthly	$72.27 LYD354.890	$258.16 ISK35,996	+257.2%
Middle school for 1 child, two semesters	$1,170.59 LYD5,748.480	$5,993.99 ISK835,743	+412.0%
Average			+334.6%

Tripoli vs. Iceland - Cost of childcare

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pay 6.2 times more for entertainment and sports

	Tripoli	Iceland
Domestic/local beer (1 pint)	$0.72 LYD3.520	$9.19 ISK1,281	+1181.5%
Cappuccino in mid-range area	$0.60 LYD2.940	$4.65 ISK648	+676.3%
Pack of cigarettes Marlboro or similar	$2.15 LYD10.560	$11.76 ISK1,639	+446.5%
Monthly membership at local gym	$26.63 LYD130.780	$61.46 ISK8,569	+130.8%
Movie ticket to theater/cinema	$5.12 LYD25.150	$14.35 ISK2,001	+180.2%
Average			+523.1%

Tripoli vs. Iceland - Cost of entertainment and sports

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pay 2.7 times more for clothing

	Tripoli	Iceland
Regular jeans Levi's brand	$30.22 LYD148.380	$111.23 ISK15,509	+268.1%
Regular dress from H&M or similar store	$39.67 LYD194.830	$59.69 ISK8,322	+50.5%
Running shoes Nike or Adidas	$52.09 LYD255.810	$148.00 ISK20,636	+184.1%
Men's business shoes (leather)	$67.60 LYD331.970	$184.49 ISK25,724	+172.9%
Average			+168.9%

Tripoli vs. Iceland - Cost of clothing

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: January 2025

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