Cost of Living in Iceland vs Montenegro 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.

$1,180

Montenegro

Discover Montenegro, a captivating country with a population of 622,359. Experience a comfortable way of life, where the average cost of living stands at $1180, and the median after-tax salary amounts to $552.36. Savor the culinary delights of Montenegro at various restaurants for an average of $47, explore bustling markets with essentials priced at around $40, and entrust your childcare needs to facilities costing approximately $5948annually. Keep your wardrobe stylish with a clothing budget of ${cloth_two}, and secure a beautiful home for $1930per month. Montenegro also boasts an appealing average salary of $552.36. Immerse yourself in the beauty of Montenegro, where affordability and cultural richness converge.

restaurant
$ 150
Restaurants
restaurant
$ 47
Restaurants
store
$ 114
Markets
store
$ 40
Markets
child_friendly
$ 5,310
Childcare
child_friendly
$ 5,948
Childcare
checkroom
$ 468
Clothing
checkroom
$ 229
Clothing
night_shelter
$ 5,842
Rent Per Month
night_shelter
$ 1,930
Rent Per Month
account_balance_wallet
$ 3,030
Salaries
account_balance_wallet
$ 552
Salaries
Iceland VS Montenegro
restaurant

Restaurants

Iceland

Montenegro

Difference

Meal, Inexpensive Restaurant

17.12 $ 5.73 $ 198 %

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

95.86 $ 28.65 $ 234 %

McMeal at McDonalds (or Equivalent Combo Meal)

13.69 $ 4.3 $ 218 %

Domestic Beer (1 pint draught)

8.22 $ 1.91 $ 330 %

Imported Beer (12 oz small bottle)

7.19 $ 2.39 $ 200 %

Cappuccino (regular)

4.17 $ 1.45 $ 187 %

Coke/Pepsi (12 oz small bottle)

2.36 $ 1.75 $ 34 %

Water (12 oz small bottle)

1.85 $ 1.15 $ 60 %
store

Markets

Iceland

Montenegro

Difference

Milk (regular), (1 gallon)

1.34 $ 0.91 $ 47 %

Loaf of Fresh White Bread (1 lb)

3.02 $ 0.63 $ 379 %

Rice (white), (1 lb)

2.77 $ 1.41 $ 96 %

Eggs (regular) (12)

5.06 $ 1.99 $ 154 %

Local Cheese (1 lb)

12.49 $ 5.69 $ 119 %

Chicken Fillets (1 lb)

15.37 $ 4.97 $ 209 %

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

22.77 $ 6.93 $ 228 %

Apples (1 lb)

2.76 $ 0.95 $ 190 %

Banana (1 lb)

2.07 $ 1.17 $ 76 %

Oranges (1 lb)

2.24 $ 1.08 $ 107 %

Tomato (1 lb)

4.0 $ 1.51 $ 164 %

Potato (1 lb)

2.33 $ 0.63 $ 269 %

Onion (1 lb)

1.26 $ 0.83 $ 51 %

Lettuce (1 head)

2.36 $ 0.74 $ 218 %

Water (1.5 liter bottle)

1.71 $ 0.61 $ 180 %

Bottle of Wine (Mid-Range)

17.12 $ 4.78 $ 258 %

Domestic Beer (0.5 liter bottle)

2.87 $ 0.83 $ 245 %

Imported Beer (12 oz small bottle)

2.5 $ 1.16 $ 115 %

Cigarettes 20 Pack (Marlboro)

10.54 $ 3.34 $ 215 %
commute

Transportation

Iceland

Montenegro

Difference

One-way Ticket (Local Transport)

3.36 $ 0.96 $ 250 %

Monthly Pass (Regular Price)

54.78 $ 28.65 $ 91 %

Taxi Start (Normal Tariff)

5.07 $ 0.96 $ 428 %

Taxi 1 mile (Normal Tariff)

2.4 $ 0.76 $ 215 %

Taxi 1hour Waiting (Normal Tariff)

54.23 $ 6.21 $ 773 %

Gasoline (1 gallon)

2.02 $ 1.37 $ 47 %

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

28757.27 $ 19101.49 $ 50 %

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

32047.42 $ 19339.46 $ 65 %
mark_as_unread

Utilities (Monthly)

Iceland

Montenegro

Difference

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

106.62 $ 97.24 $ 9 %

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

0.15 $ 0.13 $ 15 %

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

64.03 $ 23.28 $ 175 %
kitesurfing

Sports And Leisure

Iceland

Montenegro

Difference

Fitness Club, Monthly Fee for 1 Adult

58.92 $ 30.56 $ 92 %

Tennis Court Rent (1 Hour on Weekend)

31.67 $ 9.33 $ 239 %

Cinema, International Release, 1 Seat

11.64 $ 4.78 $ 143 %
child_friendly

Childcare

Iceland

Montenegro

Difference

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

262.47 $ 174.3 $ 50 %

International Primary School, Yearly for 1 Child

5048.5 $ 5773.86 $ -12 %
checkroom

Clothing And Shoes

Iceland

Montenegro

Difference

1 Pair of Jeans (Levis 501 Or Similar)

107.87 $ 47.75 $ 125 %

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

50.21 $ 28.42 $ 76 %

1 Pair of Nike Running Shoes (Mid-Range)

139.95 $ 67.41 $ 107 %

1 Pair of Men Leather Business Shoes

170.67 $ 85.92 $ 98 %
night_shelter

Rent Per Month

Iceland

Montenegro

Difference

Apartment (1 bedroom) in City Centre

1307.6 $ 363.37 $ 259 %

Apartment (1 bedroom) Outside of Centre

1057.94 $ 266.69 $ 296 %

Apartment (3 bedrooms) in City Centre

1854.8 $ 766.79 $ 141 %

Apartment (3 bedrooms) Outside of Centre

1622.55 $ 533.16 $ 204 %
home

Buy Apartment Price

Iceland

Montenegro

Difference

Price per Square Feet to Buy Apartment in City Centre

4884.47 $ 1644.09 $ 197 %

Price per Square Feet to Buy Apartment Outside of Centre

3742.8 $ 1209.12 $ 209 %
account_balance_wallet

Salaries And Financing

Iceland

Montenegro

Difference

Average Monthly Net Salary (After Tax)

3030.17 $ 552.36 $ 448 %

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

5.55 % 4.94 % 12 %