Cost of living comparison
Iceland is 7.9% more expensive than Virginia.
If you lived in Iceland instead of Virginia, you would:
pay 14.8% more for restaurants
|
Virginia
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$18.31
|
$17.84
kr2,428
|
|
|
Fast food combo meal
McDonalds, or similar
|
$9.23
|
$14.27
kr1,942
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.34
|
$2.32
kr315
|
|
| Bottle of water (11 fl. oz) |
$1.96
|
$2.12
kr289
|
|
pay 4.6% less for groceries
|
Virginia
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.18
|
$3.42
kr466
|
|
| Local cheese (8 oz) |
$5.96
|
$5.98
kr814
|
|
| Milk (1 gallon) |
$3.96
|
$5.33
kr725
|
|
|
Eggs
1 dozen
|
$3.87
|
$5.66
kr770
|
|
| Boneless chicken breast (1 lb) |
$5.16
|
$7.09
kr966
|
|
| Apples (1 lb) |
$2.27
|
$1.16
kr158
|
|
| Bananas (1 lb) |
$0.72
|
$0.98
kr134
|
|
| Oranges (1 lb) |
$2.15
|
$1.17
kr159
|
|
| Tomatoes (1 lb) |
$2.37
|
$1.84
kr250
|
|
| Potatoes (1 lb) |
$1.37
|
$0.96
kr130
|
|
| Onions (1 lb) |
$1.49
|
$0.51
kr70
|
|
pay 46.7% more for transportation
|
Virginia
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.37
|
$8.03
kr1,094
|
|
| Monthly public transit pass |
$111.31
|
$77.40
kr10,535
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$24,932.76
|
$29,836.83
kr4,061,389
|
|
| Taxi trip in downtown area (5 miles) |
$15.06
|
$23.97
kr3,262
|
|
pay 23.8% less for housing
|
Virginia
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$73.88
|
$62.40
kr8,494
|
|
| 1-Bedroom apartment in downtown area |
$1,780.82
|
$1,437.14
kr195,624
|
|
| 1-Bedroom apartment outside city center |
$1,318.30
|
$1,215.63
kr165,471
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$144.26
|
$68.63
kr9,342
|
|
pay 82.8% less for childcare
|
Virginia
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,242.29
|
$259.34
kr35,302
|
|
| Middle school for 1 child, two semesters |
$20,459.85
|
$2,750.10
kr374,343
|
|
pay 14.7% more for entertainment and sports
|
Virginia
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$5.89
|
$8.52
kr1,160
|
|
| Cappuccino in mid-range area |
$4.89
|
$4.15
kr565
|
|
|
Pack of cigarettes
Marlboro or similar
|
$7.44
|
$10.64
kr1,448
|
|
| Monthly membership at local gym |
$54.59
|
$56.90
kr7,746
|
|
| Movie ticket to theater/cinema |
$12.69
|
$12.27
kr1,671
|
|
pay 90.0% more for clothing
|
Virginia
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$45.43
|
$118.08
kr16,072
|
|
|
Regular dress
from H&M or similar store
|
$34.83
|
$50.39
kr6,859
|
|
|
Running shoes
Nike or Adidas
|
$78.57
|
$151.12
kr20,570
|
|
| Men's business shoes (leather) |
$107.39
|
$175.20
kr23,848
|
|
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