Cost of living comparison
Iceland is 4.2 times more expensive than Ukraine.
If you lived in Iceland instead of Ukraine, you would:
pay 4.5 times more for restaurants
|
Ukraine
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$4.65
₴171.31
|
$17.84
kr2,428
|
|
|
Fast food combo meal
McDonalds, or similar
|
$3.61
₴133.15
|
$14.27
kr1,942
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.49
₴18.20
|
$2.32
kr315
|
|
| Bottle of water (11 fl. oz) |
$0.39
₴14.39
|
$2.12
kr289
|
|
pay 3.5 times more for groceries
|
Ukraine
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$0.54
₴19.96
|
$3.42
kr466
|
|
| Local cheese (8 oz) |
$3.21
₴118.43
|
$5.98
kr814
|
|
| Milk (1 gallon) |
$3.15
₴116.27
|
$5.33
kr725
|
|
|
Eggs
1 dozen
|
$1.46
₴53.75
|
$5.66
kr770
|
|
| Boneless chicken breast (1 lb) |
$1.56
₴57.46
|
$7.09
kr966
|
|
| Apples (1 lb) |
$0.22
₴8.29
|
$1.16
kr158
|
|
| Bananas (1 lb) |
$0.47
₴17.26
|
$0.98
kr134
|
|
| Oranges (1 lb) |
$0.50
₴18.43
|
$1.17
kr159
|
|
| Tomatoes (1 lb) |
$0.72
₴26.64
|
$1.84
kr250
|
|
| Potatoes (1 lb) |
$0.17
₴6.20
|
$0.96
kr130
|
|
| Onions (1 lb) |
$0.25
₴9.28
|
$0.51
kr70
|
|
pay 5.4 times more for transportation
|
Ukraine
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.81
₴140.50
|
$8.03
kr1,094
|
|
| Monthly public transit pass |
$7.13
₴262.82
|
$77.40
kr10,535
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$19,124.68
₴705,161.15
|
$29,836.83
kr4,061,389
|
|
| Taxi trip in downtown area (5 miles) |
$3.35
₴123.45
|
$23.97
kr3,262
|
|
pay 7.3 times more for housing
|
Ukraine
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$4.40
₴162.39
|
$62.40
kr8,494
|
|
| 1-Bedroom apartment in downtown area |
$234.03
₴8,629.16
|
$1,437.14
kr195,624
|
|
| 1-Bedroom apartment outside city center |
$155.62
₴5,737.92
|
$1,215.63
kr165,471
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$61.95
₴2,284.12
|
$68.63
kr9,342
|
|
pay 6.4% more for childcare
|
Ukraine
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$183.02
₴6,748.23
|
$259.34
kr35,302
|
|
| Middle school for 1 child, two semesters |
$3,871.85
₴142,761.93
|
$2,750.10
kr374,343
|
|
pay 5.4 times more for entertainment and sports
|
Ukraine
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$0.85
₴31.32
|
$8.52
kr1,160
|
|
| Cappuccino in mid-range area |
$0.96
₴35.52
|
$4.15
kr565
|
|
|
Pack of cigarettes
Marlboro or similar
|
$1.95
₴71.76
|
$10.64
kr1,448
|
|
| Monthly membership at local gym |
$18.82
₴693.96
|
$56.90
kr7,746
|
|
| Movie ticket to theater/cinema |
$2.98
₴109.71
|
$12.27
kr1,671
|
|
pay 2.3 times more for clothing
|
Ukraine
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$40.33
₴1,486.93
|
$118.08
kr16,072
|
|
|
Regular dress
from H&M or similar store
|
$30.46
₴1,123.23
|
$50.39
kr6,859
|
|
|
Running shoes
Nike or Adidas
|
$64.81
₴2,389.83
|
$151.12
kr20,570
|
|
| Men's business shoes (leather) |
$73.44
₴2,707.99
|
$175.20
kr23,848
|
|
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