Cost of Living in Iceland vs Papua New Guinea 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.

$4,238

Papua New Guinea

Discover Papua New Guinea, a captivating country with a population of 8,935,000. Experience a comfortable way of life, where the average cost of living stands at $4238, and the median after-tax salary amounts to $250.84. Savor the culinary delights of Papua New Guinea at various restaurants for an average of $74, explore bustling markets with essentials priced at around $75, and entrust your childcare needs to facilities costing approximately $4891annually. Keep your wardrobe stylish with a clothing budget of ${cloth_two}, and secure a beautiful home for $6980per month. Papua New Guinea also boasts an appealing average salary of $250.84. Immerse yourself in the beauty of Papua New Guinea, where affordability and cultural richness converge.

restaurant
$ 150
Restaurants
restaurant
$ 74
Restaurants
store
$ 114
Markets
store
$ 75
Markets
child_friendly
$ 5,310
Childcare
child_friendly
$ 4,891
Childcare
checkroom
$ 468
Clothing
checkroom
$ 221
Clothing
night_shelter
$ 5,842
Rent Per Month
night_shelter
$ 6,980
Rent Per Month
account_balance_wallet
$ 3,030
Salaries
account_balance_wallet
$ 250
Salaries
Iceland VS Papua New Guinea
restaurant

Restaurants

Iceland

Papua New Guinea

Difference

Meal, Inexpensive Restaurant

17.12 $ 8.75 $ 95 %

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

95.86 $ 44.44 $ 115 %

McMeal at McDonalds (or Equivalent Combo Meal)

13.69 $ 8.47 $ 61 %

Domestic Beer (1 pint draught)

8.22 $ 3.1 $ 165 %

Imported Beer (12 oz small bottle)

7.19 $ 5.08 $ 41 %

Cappuccino (regular)

4.17 $ 2.85 $ 46 %

Coke/Pepsi (12 oz small bottle)

2.36 $ 1.07 $ 120 %

Water (12 oz small bottle)

1.85 $ 0.99 $ 86 %
store

Markets

Iceland

Papua New Guinea

Difference

Milk (regular), (1 gallon)

1.34 $ 1.86 $ -27 %

Loaf of Fresh White Bread (1 lb)

3.02 $ 1.53 $ 97 %

Rice (white), (1 lb)

2.77 $ 1.55 $ 78 %

Eggs (regular) (12)

5.06 $ 3.75 $ 34 %

Local Cheese (1 lb)

12.49 $ 5.81 $ 114 %

Chicken Fillets (1 lb)

15.37 $ 6.63 $ 131 %

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

22.77 $ 7.9 $ 188 %

Apples (1 lb)

2.76 $ 3.35 $ -17 %

Banana (1 lb)

2.07 $ 2.54 $ -18 %

Oranges (1 lb)

2.24 $ 3.84 $ -41 %

Tomato (1 lb)

4.0 $ 2.75 $ 45 %

Potato (1 lb)

2.33 $ 2.86 $ -18 %

Onion (1 lb)

1.26 $ 2.7 $ -53 %

Lettuce (1 head)

2.36 $ 3.49 $ -32 %

Water (1.5 liter bottle)

1.71 $ 1.15 $ 48 %

Bottle of Wine (Mid-Range)

17.12 $ 11.29 $ 51 %

Domestic Beer (0.5 liter bottle)

2.87 $ 2.48 $ 15 %

Imported Beer (12 oz small bottle)

2.5 $ 3.23 $ -22 %

Cigarettes 20 Pack (Marlboro)

10.54 $ 7.05 $ 49 %
commute

Transportation

Iceland

Papua New Guinea

Difference

One-way Ticket (Local Transport)

3.36 $ 0.56 $ 499 %

Monthly Pass (Regular Price)

54.78 $ 38.03 $ 44 %

Taxi Start (Normal Tariff)

5.07 $ 4.23 $ 19 %

Taxi 1 mile (Normal Tariff)

2.4 $ 1.69 $ 42 %

Taxi 1hour Waiting (Normal Tariff)

54.23 $ 14.11 $ 284 %

Gasoline (1 gallon)

2.02 $ 1.21 $ 66 %

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

28757.27 $ 33863.27 $ -15 %

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

32047.42 $ 23281.56 $ 37 %
mark_as_unread

Utilities (Monthly)

Iceland

Papua New Guinea

Difference

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

106.62 $ 88.73 $ 20 %

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

0.15 $ 0.4 $ -62 %

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

64.03 $ 423.29 $ -84 %
kitesurfing

Sports And Leisure

Iceland

Papua New Guinea

Difference

Fitness Club, Monthly Fee for 1 Adult

58.92 $ 59.97 $ -1 %

Tennis Court Rent (1 Hour on Weekend)

31.67 $ 22.58 $ 40 %

Cinema, International Release, 1 Seat

11.64 $ 9.17 $ 26 %
child_friendly

Childcare

Iceland

Papua New Guinea

Difference

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

262.47 $ 343.06 $ -23 %

International Primary School, Yearly for 1 Child

5048.5 $ 4548.02 $ 11 %
checkroom

Clothing And Shoes

Iceland

Papua New Guinea

Difference

1 Pair of Jeans (Levis 501 Or Similar)

107.87 $ 33.86 $ 218 %

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

50.21 $ 33.24 $ 51 %

1 Pair of Nike Running Shoes (Mid-Range)

139.95 $ 67.26 $ 108 %

1 Pair of Men Leather Business Shoes

170.67 $ 87.48 $ 95 %
night_shelter

Rent Per Month

Iceland

Papua New Guinea

Difference

Apartment (1 bedroom) in City Centre

1307.6 $ 2727.87 $ -52 %

Apartment (1 bedroom) Outside of Centre

1057.94 $ 772.0 $ 37 %

Apartment (3 bedrooms) in City Centre

1854.8 $ 2539.74 $ -26 %

Apartment (3 bedrooms) Outside of Centre

1622.55 $ 940.65 $ 72 %
home

Buy Apartment Price

Iceland

Papua New Guinea

Difference

Price per Square Feet to Buy Apartment in City Centre

4884.47 $ 7126.7 $ -31 %

Price per Square Feet to Buy Apartment Outside of Centre

3742.8 $ 18342.6 $ -79 %
account_balance_wallet

Salaries And Financing

Iceland

Papua New Guinea

Difference

Average Monthly Net Salary (After Tax)

3030.17 $ 250.84 $ 1108 %

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

5.55 % 15.17 % -63 %