Cost of Living in Iceland vs Costa Rica 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.

$1,563

Costa Rica

Discover Costa Rica, a captivating country with a population of 5,213,362. Experience a comfortable way of life, where the average cost of living stands at $1563, and the median after-tax salary amounts to $755.74. Savor the culinary delights of Costa Rica at various restaurants for an average of $64, explore bustling markets with essentials priced at around $63, and entrust your childcare needs to facilities costing approximately $7580annually. Keep your wardrobe stylish with a clothing budget of ${cloth_two}, and secure a beautiful home for $2356per month. Costa Rica also boasts an appealing average salary of $755.74. Immerse yourself in the beauty of Costa Rica, where affordability and cultural richness converge.

restaurant
$ 150
Restaurants
restaurant
$ 64
Restaurants
store
$ 114
Markets
store
$ 63
Markets
child_friendly
$ 5,310
Childcare
child_friendly
$ 7,580
Childcare
checkroom
$ 468
Clothing
checkroom
$ 288
Clothing
night_shelter
$ 5,842
Rent Per Month
night_shelter
$ 2,356
Rent Per Month
account_balance_wallet
$ 3,030
Salaries
account_balance_wallet
$ 755
Salaries
Iceland VS Costa Rica
restaurant

Restaurants

Iceland

Costa Rica

Difference

Meal, Inexpensive Restaurant

17.12 $ 7.07 $ 142 %

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

95.86 $ 39.25 $ 144 %

McMeal at McDonalds (or Equivalent Combo Meal)

13.69 $ 7.07 $ 93 %

Domestic Beer (1 pint draught)

8.22 $ 2.36 $ 248 %

Imported Beer (12 oz small bottle)

7.19 $ 3.45 $ 108 %

Cappuccino (regular)

4.17 $ 2.53 $ 64 %

Coke/Pepsi (12 oz small bottle)

2.36 $ 1.54 $ 53 %

Water (12 oz small bottle)

1.85 $ 1.34 $ 38 %
store

Markets

Iceland

Costa Rica

Difference

Milk (regular), (1 gallon)

1.34 $ 1.35 $ --

Loaf of Fresh White Bread (1 lb)

3.02 $ 1.69 $ 78 %

Rice (white), (1 lb)

2.77 $ 1.6 $ 73 %

Eggs (regular) (12)

5.06 $ 2.4 $ 110 %

Local Cheese (1 lb)

12.49 $ 6.41 $ 94 %

Chicken Fillets (1 lb)

15.37 $ 6.82 $ 125 %

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

22.77 $ 9.25 $ 146 %

Apples (1 lb)

2.76 $ 3.57 $ -22 %

Banana (1 lb)

2.07 $ 1.24 $ 66 %

Oranges (1 lb)

2.24 $ 2.2 $ 1 %

Tomato (1 lb)

4.0 $ 1.94 $ 106 %

Potato (1 lb)

2.33 $ 1.78 $ 30 %

Onion (1 lb)

1.26 $ 2.08 $ -39 %

Lettuce (1 head)

2.36 $ 0.81 $ 191 %

Water (1.5 liter bottle)

1.71 $ 1.91 $ -10 %

Bottle of Wine (Mid-Range)

17.12 $ 10.99 $ 55 %

Domestic Beer (0.5 liter bottle)

2.87 $ 1.7 $ 68 %

Imported Beer (12 oz small bottle)

2.5 $ 2.28 $ 9 %

Cigarettes 20 Pack (Marlboro)

10.54 $ 3.93 $ 168 %
commute

Transportation

Iceland

Costa Rica

Difference

One-way Ticket (Local Transport)

3.36 $ 0.79 $ 325 %

Monthly Pass (Regular Price)

54.78 $ 35.27 $ 55 %

Taxi Start (Normal Tariff)

5.07 $ 1.05 $ 382 %

Taxi 1 mile (Normal Tariff)

2.4 $ 1.08 $ 122 %

Taxi 1hour Waiting (Normal Tariff)

54.23 $ 5.55 $ 877 %

Gasoline (1 gallon)

2.02 $ 1.22 $ 65 %

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

28757.27 $ 25121.14 $ 14 %

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

32047.42 $ 25362.74 $ 26 %
mark_as_unread

Utilities (Monthly)

Iceland

Costa Rica

Difference

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

106.62 $ 64.83 $ 64 %

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

0.15 $ 0.06 $ 150 %

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

64.03 $ 47.2 $ 35 %
kitesurfing

Sports And Leisure

Iceland

Costa Rica

Difference

Fitness Club, Monthly Fee for 1 Adult

58.92 $ 43.38 $ 35 %

Tennis Court Rent (1 Hour on Weekend)

31.67 $ 24.58 $ 28 %

Cinema, International Release, 1 Seat

11.64 $ 5.5 $ 111 %
child_friendly

Childcare

Iceland

Costa Rica

Difference

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

262.47 $ 330.9 $ -20 %

International Primary School, Yearly for 1 Child

5048.5 $ 7249.92 $ -30 %
checkroom

Clothing And Shoes

Iceland

Costa Rica

Difference

1 Pair of Jeans (Levis 501 Or Similar)

107.87 $ 60.92 $ 77 %

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

50.21 $ 44.73 $ 12 %

1 Pair of Nike Running Shoes (Mid-Range)

139.95 $ 97.22 $ 43 %

1 Pair of Men Leather Business Shoes

170.67 $ 85.42 $ 99 %
night_shelter

Rent Per Month

Iceland

Costa Rica

Difference

Apartment (1 bedroom) in City Centre

1307.6 $ 491.85 $ 165 %

Apartment (1 bedroom) Outside of Centre

1057.94 $ 342.6 $ 208 %

Apartment (3 bedrooms) in City Centre

1854.8 $ 889.38 $ 108 %

Apartment (3 bedrooms) Outside of Centre

1622.55 $ 632.18 $ 156 %
home

Buy Apartment Price

Iceland

Costa Rica

Difference

Price per Square Feet to Buy Apartment in City Centre

4884.47 $ 1670.21 $ 192 %

Price per Square Feet to Buy Apartment Outside of Centre

3742.8 $ 1280.3 $ 192 %
account_balance_wallet

Salaries And Financing

Iceland

Costa Rica

Difference

Average Monthly Net Salary (After Tax)

3030.17 $ 755.74 $ 300 %

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

5.55 % 9.56 % -41 %