Cost of Living in Iceland vs Malawi comparison
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.
Malawi
Discover Malawi, a captivating country with a population of 18,622,104. Experience a comfortable way of life, where the average cost of living stands at $1228, and the median after-tax salary amounts to $367.18. Savor the culinary delights of Malawi at various restaurants for an average of $43, explore bustling markets with essentials priced at around $49, and entrust your childcare needs to facilities costing approximately $8174annually. Keep your wardrobe stylish with a clothing budget of ${cloth_two}, and secure a beautiful home for $1612per month. Malawi also boasts an appealing average salary of $367.18. Immerse yourself in the beauty of Malawi, where affordability and cultural richness converge.
|
Restaurants |
Iceland |
Malawi |
Difference |
|---|---|---|---|
|
Meal, Inexpensive Restaurant |
17.12 $ | 3.87 $ | 342 % |
|
Meal for 2 People, Mid-range Restaurant, Three-course |
95.86 $ | 29.06 $ | 229 % |
|
McMeal at McDonalds (or Equivalent Combo Meal) |
13.69 $ | 4.84 $ | 182 % |
|
Domestic Beer (1 pint draught) |
8.22 $ | 0.77 $ | 967 % |
|
Imported Beer (12 oz small bottle) |
7.19 $ | 1.74 $ | 313 % |
|
Cappuccino (regular) |
4.17 $ | 2.35 $ | 77 % |
|
Coke/Pepsi (12 oz small bottle) |
2.36 $ | 0.66 $ | 257 % |
|
Water (12 oz small bottle) |
1.85 $ | 0.38 $ | 386 % |
|
Markets |
Iceland |
Malawi |
Difference |
|---|---|---|---|
|
Milk (regular), (1 gallon) |
1.34 $ | 0.82 $ | 63 % |
|
Loaf of Fresh White Bread (1 lb) |
3.02 $ | 0.62 $ | 387 % |
|
Rice (white), (1 lb) |
2.77 $ | 0.88 $ | 214 % |
|
Eggs (regular) (12) |
5.06 $ | 1.42 $ | 256 % |
|
Local Cheese (1 lb) |
12.49 $ | 17.44 $ | -28 % |
|
Chicken Fillets (1 lb) |
15.37 $ | 2.44 $ | 529 % |
|
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
22.77 $ | 3.37 $ | 575 % |
|
Apples (1 lb) |
2.76 $ | 2.43 $ | 13 % |
|
Banana (1 lb) |
2.07 $ | 1.16 $ | 78 % |
|
Oranges (1 lb) |
2.24 $ | 2.01 $ | 11 % |
|
Tomato (1 lb) |
4.0 $ | 1.45 $ | 175 % |
|
Potato (1 lb) |
2.33 $ | 1.14 $ | 104 % |
|
Onion (1 lb) |
1.26 $ | 1.51 $ | -16 % |
|
Lettuce (1 head) |
2.36 $ | 0.36 $ | 555 % |
|
Water (1.5 liter bottle) |
1.71 $ | 0.6 $ | 185 % |
|
Bottle of Wine (Mid-Range) |
17.12 $ | 6.3 $ | 171 % |
|
Domestic Beer (0.5 liter bottle) |
2.87 $ | 0.86 $ | 233 % |
|
Imported Beer (12 oz small bottle) |
2.5 $ | 1.34 $ | 86 % |
|
Cigarettes 20 Pack (Marlboro) |
10.54 $ | 2.91 $ | 262 % |
|
Transportation |
Iceland |
Malawi |
Difference |
|---|---|---|---|
|
One-way Ticket (Local Transport) |
3.36 $ | 0.48 $ | 600 % |
|
Monthly Pass (Regular Price) |
54.78 $ | 44.42 $ | 23 % |
|
Taxi Start (Normal Tariff) |
5.07 $ | 3.63 $ | 39 % |
|
Taxi 1 mile (Normal Tariff) |
2.4 $ | 0.34 $ | 605 % |
|
Taxi 1hour Waiting (Normal Tariff) |
54.23 $ | 0.97 $ | 5490 % |
|
Gasoline (1 gallon) |
2.02 $ | 0.99 $ | 104 % |
|
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
28757.27 $ | 26639.49 $ | 7 % |
|
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
32047.42 $ | 24863.52 $ | 28 % |
|
Utilities (Monthly) |
Iceland |
Malawi |
Difference |
|---|---|---|---|
|
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
106.62 $ | 51.05 $ | 108 % |
|
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) |
0.15 $ | 0.07 $ | 114 % |
|
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
64.03 $ | 139.63 $ | -54 % |
|
Sports And Leisure |
Iceland |
Malawi |
Difference |
|---|---|---|---|
|
Fitness Club, Monthly Fee for 1 Adult |
58.92 $ | 37.13 $ | 58 % |
|
Tennis Court Rent (1 Hour on Weekend) |
31.67 $ | 6.3 $ | 402 % |
|
Cinema, International Release, 1 Seat |
11.64 $ | 4.44 $ | 162 % |
|
Childcare |
Iceland |
Malawi |
Difference |
|---|---|---|---|
|
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
262.47 $ | 222.8 $ | 17 % |
|
International Primary School, Yearly for 1 Child |
5048.5 $ | 7951.84 $ | -36 % |
|
Clothing And Shoes |
Iceland |
Malawi |
Difference |
|---|---|---|---|
|
1 Pair of Jeans (Levis 501 Or Similar) |
107.87 $ | 35.03 $ | 207 % |
|
1 Summer Dress in a Chain Store (Zara, H&M, ...) |
50.21 $ | 20.1 $ | 149 % |
|
1 Pair of Nike Running Shoes (Mid-Range) |
139.95 $ | 61.34 $ | 128 % |
|
1 Pair of Men Leather Business Shoes |
170.67 $ | 62.47 $ | 173 % |
|
Rent Per Month |
Iceland |
Malawi |
Difference |
|---|---|---|---|
|
Apartment (1 bedroom) in City Centre |
1307.6 $ | 334.95 $ | 290 % |
|
Apartment (1 bedroom) Outside of Centre |
1057.94 $ | 174.32 $ | 506 % |
|
Apartment (3 bedrooms) in City Centre |
1854.8 $ | 615.41 $ | 201 % |
|
Apartment (3 bedrooms) Outside of Centre |
1622.55 $ | 487.48 $ | 232 % |
|
Buy Apartment Price |
Iceland |
Malawi |
Difference |
|---|---|---|---|
|
Price per Square Feet to Buy Apartment in City Centre |
4884.47 $ | 16145.87 $ | -69 % |
|
Price per Square Feet to Buy Apartment Outside of Centre |
3742.8 $ | 1162.45 $ | 221 % |
|
Salaries And Financing |
Iceland |
Malawi |
Difference |
|---|---|---|---|
|
Average Monthly Net Salary (After Tax) |
3030.17 $ | 367.18 $ | 725 % |
|
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate |
5.55 % | 20.67 % | -73 % |