Cost of Living in Iceland vs Peru 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.

$1,134

Peru

Discover Peru, a captivating country with a population of 29,381,884. Experience a comfortable way of life, where the average cost of living stands at $1134, and the median after-tax salary amounts to $383.67. Savor the culinary delights of Peru at various restaurants for an average of $36, explore bustling markets with essentials priced at around $43, and entrust your childcare needs to facilities costing approximately $5323annually. Keep your wardrobe stylish with a clothing budget of ${cloth_two}, and secure a beautiful home for $1749per month. Peru also boasts an appealing average salary of $383.67. Immerse yourself in the beauty of Peru, where affordability and cultural richness converge.

restaurant
$ 150
Restaurants
restaurant
$ 36
Restaurants
store
$ 114
Markets
store
$ 43
Markets
child_friendly
$ 5,310
Childcare
child_friendly
$ 5,323
Childcare
checkroom
$ 468
Clothing
checkroom
$ 190
Clothing
night_shelter
$ 5,842
Rent Per Month
night_shelter
$ 1,749
Rent Per Month
account_balance_wallet
$ 3,030
Salaries
account_balance_wallet
$ 383
Salaries
Iceland VS Peru
restaurant

Restaurants

Iceland

Peru

Difference

Meal, Inexpensive Restaurant

17.12 $ 3.03 $ 465 %

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

95.86 $ 20.0 $ 379 %

McMeal at McDonalds (or Equivalent Combo Meal)

13.69 $ 4.8 $ 185 %

Domestic Beer (1 pint draught)

8.22 $ 2.02 $ 306 %

Imported Beer (12 oz small bottle)

7.19 $ 3.54 $ 103 %

Cappuccino (regular)

4.17 $ 2.25 $ 85 %

Coke/Pepsi (12 oz small bottle)

2.36 $ 0.67 $ 252 %

Water (12 oz small bottle)

1.85 $ 0.45 $ 311 %
store

Markets

Iceland

Peru

Difference

Milk (regular), (1 gallon)

1.34 $ 1.12 $ 19 %

Loaf of Fresh White Bread (1 lb)

3.02 $ 1.49 $ 102 %

Rice (white), (1 lb)

2.77 $ 0.98 $ 182 %

Eggs (regular) (12)

5.06 $ 1.59 $ 218 %

Local Cheese (1 lb)

12.49 $ 5.67 $ 120 %

Chicken Fillets (1 lb)

15.37 $ 4.13 $ 272 %

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

22.77 $ 6.49 $ 250 %

Apples (1 lb)

2.76 $ 1.3 $ 112 %

Banana (1 lb)

2.07 $ 0.91 $ 127 %

Oranges (1 lb)

2.24 $ 0.99 $ 126 %

Tomato (1 lb)

4.0 $ 0.91 $ 339 %

Potato (1 lb)

2.33 $ 0.66 $ 253 %

Onion (1 lb)

1.26 $ 0.73 $ 72 %

Lettuce (1 head)

2.36 $ 0.63 $ 274 %

Water (1.5 liter bottle)

1.71 $ 0.7 $ 144 %

Bottle of Wine (Mid-Range)

17.12 $ 7.31 $ 134 %

Domestic Beer (0.5 liter bottle)

2.87 $ 1.48 $ 93 %

Imported Beer (12 oz small bottle)

2.5 $ 2.31 $ 8 %

Cigarettes 20 Pack (Marlboro)

10.54 $ 4.42 $ 138 %
commute

Transportation

Iceland

Peru

Difference

One-way Ticket (Local Transport)

3.36 $ 0.38 $ 784 %

Monthly Pass (Regular Price)

54.78 $ 15.15 $ 261 %

Taxi Start (Normal Tariff)

5.07 $ 1.26 $ 302 %

Taxi 1 mile (Normal Tariff)

2.4 $ 1.26 $ 90 %

Taxi 1hour Waiting (Normal Tariff)

54.23 $ 5.05 $ 973 %

Gasoline (1 gallon)

2.02 $ 1.16 $ 74 %

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

28757.27 $ 17679.44 $ 62 %

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

32047.42 $ 19299.23 $ 66 %
mark_as_unread

Utilities (Monthly)

Iceland

Peru

Difference

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

106.62 $ 55.59 $ 91 %

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

0.15 $ 0.14 $ 7 %

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

64.03 $ 29.13 $ 119 %
kitesurfing

Sports And Leisure

Iceland

Peru

Difference

Fitness Club, Monthly Fee for 1 Adult

58.92 $ 31.54 $ 86 %

Tennis Court Rent (1 Hour on Weekend)

31.67 $ 12.23 $ 158 %

Cinema, International Release, 1 Seat

11.64 $ 4.92 $ 136 %
child_friendly

Childcare

Iceland

Peru

Difference

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

262.47 $ 157.9 $ 66 %

International Primary School, Yearly for 1 Child

5048.5 $ 5165.1 $ -2 %
checkroom

Clothing And Shoes

Iceland

Peru

Difference

1 Pair of Jeans (Levis 501 Or Similar)

107.87 $ 39.23 $ 174 %

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

50.21 $ 24.29 $ 106 %

1 Pair of Nike Running Shoes (Mid-Range)

139.95 $ 66.39 $ 110 %

1 Pair of Men Leather Business Shoes

170.67 $ 60.25 $ 183 %
night_shelter

Rent Per Month

Iceland

Peru

Difference

Apartment (1 bedroom) in City Centre

1307.6 $ 350.76 $ 272 %

Apartment (1 bedroom) Outside of Centre

1057.94 $ 236.58 $ 347 %

Apartment (3 bedrooms) in City Centre

1854.8 $ 682.23 $ 171 %

Apartment (3 bedrooms) Outside of Centre

1622.55 $ 480.12 $ 237 %
home

Buy Apartment Price

Iceland

Peru

Difference

Price per Square Feet to Buy Apartment in City Centre

4884.47 $ 1606.26 $ 204 %

Price per Square Feet to Buy Apartment Outside of Centre

3742.8 $ 1176.89 $ 218 %
account_balance_wallet

Salaries And Financing

Iceland

Peru

Difference

Average Monthly Net Salary (After Tax)

3030.17 $ 383.67 $ 689 %

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

5.55 % 8.99 % -38 %