Cost of living comparison
Iceland is 3.7 times more expensive than Ukraine.
If you lived in Iceland instead of Ukraine, you would:
pay 4.0 times more for restaurants
|
Ukraine
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$5.53
UAH227.36
|
$19.51
ISK2,701
|
|
|
Fast food combo meal
McDonalds, or similar
|
$5.04
UAH207.39
|
$16.45
ISK2,276
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.61
UAH24.91
|
$2.70
ISK374
|
|
| Bottle of water (11 fl. oz) |
$0.41
UAH16.88
|
$1.95
ISK270
|
|
pay 3.0 times more for groceries
|
Ukraine
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$0.59
UAH24.32
|
$3.16
ISK437
|
|
| Local cheese (8 oz) |
$3.81
UAH156.87
|
$6.72
ISK930
|
|
| Milk (1 gallon) |
$3.66
UAH150.37
|
$6.27
ISK868
|
|
|
Eggs
1 dozen
|
$1.72
UAH70.67
|
$6.03
ISK835
|
|
| Boneless chicken breast (1 lb) |
$1.72
UAH70.54
|
$7.60
ISK1,052
|
|
| Apples (1 lb) |
$0.29
UAH12.03
|
$1.13
ISK156
|
|
| Bananas (1 lb) |
$0.67
UAH27.37
|
$1.01
ISK140
|
|
| Oranges (1 lb) |
$0.67
UAH27.71
|
$1.15
ISK160
|
|
| Tomatoes (1 lb) |
$0.83
UAH33.95
|
$1.71
ISK237
|
|
| Potatoes (1 lb) |
$0.21
UAH8.77
|
$1.13
ISK157
|
|
| Onions (1 lb) |
$0.33
UAH13.56
|
$0.68
ISK94
|
|
pay 4.0 times more for transportation
|
Ukraine
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$5.08
UAH208.85
|
$8.42
ISK1,165
|
|
| Monthly public transit pass |
$10.14
UAH416.91
|
$68.29
ISK9,452
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$26,914.31
UAH1,106,803.90
|
$39,714.69
ISK5,496,513
|
|
| Taxi trip in downtown area (5 miles) |
$3.91
UAH160.67
|
$23.23
ISK3,215
|
|
pay 6.7 times more for housing
|
Ukraine
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$5.56
UAH228.58
|
$74.47
ISK10,307
|
|
| 1-Bedroom apartment in downtown area |
$280.46
UAH11,533.56
|
$1,518.94
ISK210,221
|
|
| 1-Bedroom apartment outside city center |
$189.50
UAH7,792.69
|
$1,325.48
ISK183,446
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$59.87
UAH2,462.18
|
$66.99
ISK9,271
|
|
pay 24.8% more for childcare
|
Ukraine
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$240.96
UAH9,908.95
|
$254.97
ISK35,287
|
|
| Middle school for 1 child, two semesters |
$4,166.24
UAH171,329.15
|
$5,993.83
ISK829,545
|
|
pay 5.1 times more for entertainment and sports
|
Ukraine
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.02
UAH42.05
|
$9.37
ISK1,297
|
|
| Cappuccino in mid-range area |
$1.09
UAH44.98
|
$4.61
ISK638
|
|
|
Pack of cigarettes
Marlboro or similar
|
$2.12
UAH87.14
|
$11.22
ISK1,552
|
|
| Monthly membership at local gym |
$20.75
UAH853.26
|
$60.00
ISK8,304
|
|
| Movie ticket to theater/cinema |
$3.69
UAH151.64
|
$13.94
ISK1,929
|
|
pay 2.1 times more for clothing
|
Ukraine
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$47.47
UAH1,952.20
|
$108.23
ISK14,979
|
|
|
Regular dress
from H&M or similar store
|
$31.04
UAH1,276.47
|
$59.73
ISK8,267
|
|
|
Running shoes
Nike or Adidas
|
$71.91
UAH2,957.05
|
$146.94
ISK20,337
|
|
| Men's business shoes (leather) |
$83.50
UAH3,433.60
|
$169.24
ISK23,423
|
|
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