Cost of living comparison
Iceland is 3.0 times more expensive than Burma.
If you lived in Iceland instead of Burma, you would:
pay 4.9 times more for restaurants
Burma
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$1.97
MMK4,133
|
$19.51
ISK2,697
|
|
Fast food combo meal
McDonalds, or similar
|
$6.63
MMK13,897
|
$16.45
ISK2,273
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.73
MMK1,521
|
$2.70
ISK374
|
|
Bottle of water (11 fl. oz) |
$0.59
MMK1,232
|
$1.95
ISK270
|
|
pay 2.1 times more for groceries
Burma
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$1.31
MMK2,738
|
$3.16
ISK436
|
|
Local cheese (8 oz) |
$5.23
MMK10,972
|
$6.72
ISK928
|
|
Milk (1 gallon) |
$5.85
MMK12,274
|
$6.27
ISK867
|
|
Eggs
1 dozen
|
$1.29
MMK2,711
|
$6.03
ISK833
|
|
Boneless chicken breast (1 lb) |
$2.90
MMK6,077
|
$7.60
ISK1,050
|
|
Apples (1 lb) |
$1.58
MMK3,306
|
$1.13
ISK156
|
|
Bananas (1 lb) |
$0.44
MMK913
|
$1.01
ISK139
|
|
Oranges (1 lb) |
$0.94
MMK1,966
|
$1.15
ISK160
|
|
Tomatoes (1 lb) |
$0.53
MMK1,106
|
$1.71
ISK237
|
|
Potatoes (1 lb) |
$0.54
MMK1,137
|
$1.13
ISK156
|
|
Onions (1 lb) |
$0.49
MMK1,035
|
$0.68
ISK94
|
|
pay 2.6 times more for transportation
Burma
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$20.89
MMK43,827
|
$8.42
ISK1,164
|
|
Monthly public transit pass |
$10.82
MMK22,702
|
$68.29
ISK9,438
|
|
New Volkswagen Golf 1.4 (standard edition) |
$37,986.21
MMK79,678,903
|
$39,714.69
ISK5,488,570
|
|
Taxi trip in downtown area (5 miles) |
$8.25
MMK17,311
|
$23.23
ISK3,210
|
|
pay 3.2 times more for housing
Burma
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$61.51
MMK129,014
|
$74.47
ISK10,292
|
|
1-Bedroom apartment in downtown area |
$499.50
MMK1,047,739
|
$1,518.94
ISK209,917
|
|
1-Bedroom apartment outside city center |
$210.58
MMK441,698
|
$1,325.48
ISK183,181
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$29.04
MMK60,914
|
$66.99
ISK9,258
|
|
pay 38.6% less for childcare
Burma
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$383.33
MMK804,070
|
$254.97
ISK35,236
|
|
Middle school for 1 child, two semesters |
$10,666.67
MMK22,374,130
|
$5,993.83
ISK828,347
|
|
pay 5.5 times more for entertainment and sports
Burma
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$0.90
MMK1,880
|
$9.37
ISK1,296
|
|
Cappuccino in mid-range area |
$2.03
MMK4,258
|
$4.61
ISK637
|
|
Pack of cigarettes
Marlboro or similar
|
$1.37
MMK2,873
|
$11.22
ISK1,550
|
|
Monthly membership at local gym |
$21.82
MMK45,762
|
$60.00
ISK8,292
|
|
Movie ticket to theater/cinema |
$3.42
MMK7,180
|
$13.94
ISK1,927
|
|
pay 69.6% more for clothing
Burma
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$47.63
MMK99,911
|
$108.23
ISK14,958
|
|
Regular dress
from H&M or similar store
|
$58.95
MMK123,646
|
$59.73
ISK8,255
|
|
Running shoes
Nike or Adidas
|
$83.75
MMK175,680
|
$146.94
ISK20,307
|
|
Men's business shoes (leather) |
$97.04
MMK203,555
|
$169.24
ISK23,389
|
|
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