Cost of Living in Iceland vs Eritrea 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.

$1,055

Eritrea

Discover Eritrea, a captivating country with a population of 3,497,000. Experience a comfortable way of life, where the average cost of living stands at $1055, and the median after-tax salary amounts to $773.34. Savor the culinary delights of Eritrea at various restaurants for an average of $41, explore bustling markets with essentials priced at around $36, and entrust your childcare needs to facilities costing approximately $775annually. Keep your wardrobe stylish with a clothing budget of ${cloth_two}, and secure a beautiful home for $1950per month. Eritrea also boasts an appealing average salary of $773.34. Immerse yourself in the beauty of Eritrea, where affordability and cultural richness converge.

restaurant
$ 150
Restaurants
restaurant
$ 41
Restaurants
store
$ 114
Markets
store
$ 36
Markets
child_friendly
$ 5,310
Childcare
child_friendly
$ 775
Childcare
checkroom
$ 468
Clothing
checkroom
$ 80
Clothing
night_shelter
$ 5,842
Rent Per Month
night_shelter
$ 1,950
Rent Per Month
account_balance_wallet
$ 3,030
Salaries
account_balance_wallet
$ 773
Salaries
Iceland VS Eritrea
restaurant

Restaurants

Iceland

Eritrea

Difference

Meal, Inexpensive Restaurant

17.12 $ 11.4 $ 50 %

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

95.86 $ 20.0 $ 379 %

McMeal at McDonalds (or Equivalent Combo Meal)

13.69 $ 2.67 $ 412 %

Domestic Beer (1 pint draught)

8.22 $ 1.0 $ 722 %

Imported Beer (12 oz small bottle)

7.19 $ 2.0 $ 259 %

Cappuccino (regular)

4.17 $ 1.06 $ 293 %

Coke/Pepsi (12 oz small bottle)

2.36 $ 1.56 $ 51 %

Water (12 oz small bottle)

1.85 $ 1.57 $ 17 %
store

Markets

Iceland

Eritrea

Difference

Milk (regular), (1 gallon)

1.34 $ 1.45 $ -7 %

Loaf of Fresh White Bread (1 lb)

3.02 $ 0.5 $ 504 %

Rice (white), (1 lb)

2.77 $ 1.87 $ 48 %

Eggs (regular) (12)

5.06 $ 4.8 $ 5 %

Local Cheese (1 lb)

12.49 $ -- --

Chicken Fillets (1 lb)

15.37 $ -- --

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

22.77 $ 10.0 $ 127 %

Apples (1 lb)

2.76 $ 4.33 $ -36 %

Banana (1 lb)

2.07 $ 1.0 $ 106 %

Oranges (1 lb)

2.24 $ 1.89 $ 18 %

Tomato (1 lb)

4.0 $ 1.44 $ 177 %

Potato (1 lb)

2.33 $ 1.56 $ 49 %

Onion (1 lb)

1.26 $ 1.0 $ 26 %

Lettuce (1 head)

2.36 $ 0.67 $ 252 %

Water (1.5 liter bottle)

1.71 $ 1.58 $ 8 %

Bottle of Wine (Mid-Range)

17.12 $ -- --

Domestic Beer (0.5 liter bottle)

2.87 $ 1.0 $ 187 %

Imported Beer (12 oz small bottle)

2.5 $ 1.33 $ 87 %

Cigarettes 20 Pack (Marlboro)

10.54 $ 2.5 $ 321 %
commute

Transportation

Iceland

Eritrea

Difference

One-way Ticket (Local Transport)

3.36 $ 0.22 $ 1427 %

Monthly Pass (Regular Price)

54.78 $ -- --

Taxi Start (Normal Tariff)

5.07 $ 0.67 $ 656 %

Taxi 1 mile (Normal Tariff)

2.4 $ 0.67 $ 258 %

Taxi 1hour Waiting (Normal Tariff)

54.23 $ 6.67 $ 713 %

Gasoline (1 gallon)

2.02 $ 2.17 $ -6 %

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

28757.27 $ -- --

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

32047.42 $ -- --
mark_as_unread

Utilities (Monthly)

Iceland

Eritrea

Difference

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

106.62 $ 30.0 $ 255 %

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

0.15 $ 0.09 $ 66 %

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

64.03 $ -- --
kitesurfing

Sports And Leisure

Iceland

Eritrea

Difference

Fitness Club, Monthly Fee for 1 Adult

58.92 $ 6.67 $ 783 %

Tennis Court Rent (1 Hour on Weekend)

31.67 $ 5.5 $ 475 %

Cinema, International Release, 1 Seat

11.64 $ 0.83 $ 1302 %
child_friendly

Childcare

Iceland

Eritrea

Difference

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

262.47 $ 25.0 $ 949 %

International Primary School, Yearly for 1 Child

5048.5 $ 750.0 $ 573 %
checkroom

Clothing And Shoes

Iceland

Eritrea

Difference

1 Pair of Jeans (Levis 501 Or Similar)

107.87 $ 28.34 $ 280 %

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

50.21 $ 25.0 $ 100 %

1 Pair of Nike Running Shoes (Mid-Range)

139.95 $ -- --

1 Pair of Men Leather Business Shoes

170.67 $ 26.67 $ 539 %
night_shelter

Rent Per Month

Iceland

Eritrea

Difference

Apartment (1 bedroom) in City Centre

1307.6 $ 375.01 $ 248 %

Apartment (1 bedroom) Outside of Centre

1057.94 $ 333.34 $ 217 %

Apartment (3 bedrooms) in City Centre

1854.8 $ 491.68 $ 277 %

Apartment (3 bedrooms) Outside of Centre

1622.55 $ 750.0 $ 116 %
home

Buy Apartment Price

Iceland

Eritrea

Difference

Price per Square Feet to Buy Apartment in City Centre

4884.47 $ 1050.93 $ 364 %

Price per Square Feet to Buy Apartment Outside of Centre

3742.8 $ 1030.56 $ 263 %
account_balance_wallet

Salaries And Financing

Iceland

Eritrea

Difference

Average Monthly Net Salary (After Tax)

3030.17 $ 773.34 $ 291 %

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

5.55 % -- --