Cost of Living in Iceland vs Albania comparison

$3,224

Iceland

Explore Iceland, a captivating country with a population of 364,260. Embrace a comfortable lifestyle with an average cost of living at $3224 and a median after-tax salary of $3030.17. Enjoy dining at diverse restaurants for $150, shop for essentials at bustling markets with an average of $114, and entrust your childcare needs to facilities costing approximately $5310annually. Keep your wardrobe fresh with a clothing budget of $468and secure a lovely home for $5842per month. Iceland also offers an attractive average salary of $3030.17. Immerse yourself in the beauty of Iceland, where rich culture meets affordability.

$1,111

Albania

Discover Albania, a captivating country with a population of 2,793,592. Experience a comfortable way of life, where the average cost of living stands at $1111, and the median after-tax salary amounts to $371.23. Savor the culinary delights of Albania at various restaurants for an average of $39, explore bustling markets with essentials priced at around $39, and entrust your childcare needs to facilities costing approximately $2890annually. Keep your wardrobe stylish with a clothing budget of ${cloth_two}, and secure a beautiful home for $1316per month. Albania also boasts an appealing average salary of $371.23. Immerse yourself in the beauty of Albania, where affordability and cultural richness converge.

restaurant
$ 150
Restaurants
restaurant
$ 39
Restaurants
store
$ 114
Markets
store
$ 39
Markets
child_friendly
$ 5,310
Childcare
child_friendly
$ 2,890
Childcare
checkroom
$ 468
Clothing
checkroom
$ 205
Clothing
night_shelter
$ 5,842
Rent Per Month
night_shelter
$ 1,316
Rent Per Month
account_balance_wallet
$ 3,030
Salaries
account_balance_wallet
$ 371
Salaries
Iceland VS Albania
restaurant

Restaurants

Iceland

Albania

Difference

Meal, Inexpensive Restaurant

17.12 $ 4.12 $ 315 %

Meal for 2 People, Mid-range Restaurant, Three-course

95.86 $ 24.71 $ 287 %

McMeal at McDonalds (or Equivalent Combo Meal)

13.69 $ 4.53 $ 202 %

Domestic Beer (1 pint draught)

8.22 $ 1.24 $ 562 %

Imported Beer (12 oz small bottle)

7.19 $ 2.06 $ 249 %

Cappuccino (regular)

4.17 $ 1.1 $ 279 %

Coke/Pepsi (12 oz small bottle)

2.36 $ 1.13 $ 108 %

Water (12 oz small bottle)

1.85 $ 0.53 $ 249 %
store

Markets

Iceland

Albania

Difference

Milk (regular), (1 gallon)

1.34 $ 1.12 $ 19 %

Loaf of Fresh White Bread (1 lb)

3.02 $ 0.61 $ 395 %

Rice (white), (1 lb)

2.77 $ 1.18 $ 134 %

Eggs (regular) (12)

5.06 $ 2.09 $ 142 %

Local Cheese (1 lb)

12.49 $ 5.47 $ 128 %

Chicken Fillets (1 lb)

15.37 $ 4.42 $ 247 %

Beef Round (1 lb) (or Equivalent Back Leg Red Meat)

22.77 $ 7.51 $ 203 %

Apples (1 lb)

2.76 $ 0.87 $ 217 %

Banana (1 lb)

2.07 $ 1.5 $ 37 %

Oranges (1 lb)

2.24 $ 1.07 $ 109 %

Tomato (1 lb)

4.0 $ 1.01 $ 296 %

Potato (1 lb)

2.33 $ 0.66 $ 253 %

Onion (1 lb)

1.26 $ 0.63 $ 100 %

Lettuce (1 head)

2.36 $ 0.66 $ 257 %

Water (1.5 liter bottle)

1.71 $ 0.48 $ 256 %

Bottle of Wine (Mid-Range)

17.12 $ 4.86 $ 252 %

Domestic Beer (0.5 liter bottle)

2.87 $ 0.84 $ 241 %

Imported Beer (12 oz small bottle)

2.5 $ 1.26 $ 98 %

Cigarettes 20 Pack (Marlboro)

10.54 $ 2.8 $ 276 %
commute

Transportation

Iceland

Albania

Difference

One-way Ticket (Local Transport)

3.36 $ 0.33 $ 918 %

Monthly Pass (Regular Price)

54.78 $ 13.18 $ 315 %

Taxi Start (Normal Tariff)

5.07 $ 2.47 $ 105 %

Taxi 1 mile (Normal Tariff)

2.4 $ 2.47 $ -2 %

Taxi 1hour Waiting (Normal Tariff)

54.23 $ 11.46 $ 373 %

Gasoline (1 gallon)

2.02 $ 1.7 $ 18 %

Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)

28757.27 $ 16471.78 $ 74 %

Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)

32047.42 $ 17901.36 $ 79 %
mark_as_unread

Utilities (Monthly)

Iceland

Albania

Difference

Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment

106.62 $ 71.48 $ 49 %

1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)

0.15 $ 0.24 $ -37 %

Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)

64.03 $ 14.85 $ 331 %
kitesurfing

Sports And Leisure

Iceland

Albania

Difference

Fitness Club, Monthly Fee for 1 Adult

58.92 $ 29.05 $ 102 %

Tennis Court Rent (1 Hour on Weekend)

31.67 $ 13.27 $ 138 %

Cinema, International Release, 1 Seat

11.64 $ 5.77 $ 101 %
child_friendly

Childcare

Iceland

Albania

Difference

Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child

262.47 $ 136.25 $ 92 %

International Primary School, Yearly for 1 Child

5048.5 $ 2754.67 $ 83 %
checkroom

Clothing And Shoes

Iceland

Albania

Difference

1 Pair of Jeans (Levis 501 Or Similar)

107.87 $ 35.27 $ 205 %

1 Summer Dress in a Chain Store (Zara, H&M, ...)

50.21 $ 29.95 $ 67 %

1 Pair of Nike Running Shoes (Mid-Range)

139.95 $ 66.79 $ 109 %

1 Pair of Men Leather Business Shoes

170.67 $ 73.5 $ 132 %
night_shelter

Rent Per Month

Iceland

Albania

Difference

Apartment (1 bedroom) in City Centre

1307.6 $ 296.59 $ 340 %

Apartment (1 bedroom) Outside of Centre

1057.94 $ 183.19 $ 477 %

Apartment (3 bedrooms) in City Centre

1854.8 $ 516.96 $ 258 %

Apartment (3 bedrooms) Outside of Centre

1622.55 $ 320.01 $ 407 %
home

Buy Apartment Price

Iceland

Albania

Difference

Price per Square Feet to Buy Apartment in City Centre

4884.47 $ 1535.09 $ 218 %

Price per Square Feet to Buy Apartment Outside of Centre

3742.8 $ 764.71 $ 389 %
account_balance_wallet

Salaries And Financing

Iceland

Albania

Difference

Average Monthly Net Salary (After Tax)

3030.17 $ 371.23 $ 716 %

Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate

5.55 % 4.74 % 17 %