Cost of living
Cyprus compared to Iceland
🌍
Overview comparison
CyprusIceland
Consumer prices in Iceland are roughly 20% higher than in Cyprus.
Cost of living
| Item | Cyprus | Iceland |
|---|
| Total with rent one person | 1,725 | 2,964 |
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| Total with rent family | 4,415 | 4,846 |
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| Without rent one person | 787 | 959 |
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| Without rent one family | 1,723 | 2,730 |
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| Rent & Utilities person | 915.09 | 1,597.82 |
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| Rent & Utilities family | 1,981.13 | 2,046.76 |
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| Food person | 468 | 870 |
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| Food family | 1,397 | 2,184 |
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| Transport person | 90.42 | 77.85 |
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| Transport family | 247.63 | 222.83 |
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| Life expectancy | 71.71 years | 80.74 years |
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Eating Out
| Item | Cyprus | Iceland |
|---|
| Lunch Menu | 17.29 | 17.65 |
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| Dinner in a Restaurant, for 2 | 68.94 | 129.25 |
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| Fast food meal, equiv. McDonald's | 9.45 | 18.5 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 3.62 | 12.12 |
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| Cappuccino | 3.83 | 4.5 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 2.2 | 3.66 |
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Rent & Utilities
| Item | Cyprus | Iceland |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 754.01 | 1,800.05 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 795.94 | 1,312.55 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 1,899.62 | 2,314.52 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 1,380.7 | 2,843.64 |
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| Utility Bill one person, electricity, heating, water, etc. | 138.18 | 44.71 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 245.35 | 67.33 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 32.46 | 76.76 |
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Transportation
| Item | Cyprus | Iceland |
|---|
| Local transport ticket | 4.6 | 7.78 |
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| Monthly ticket local transport | 3,970 | 4,980 |
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| Taxi Ride, 8 km or 5 mi | 2,970 | 4,162 |
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| Gas / Petrol, 1 L or 0.26 gal | 2.41 | 5.47 |
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| Mortgage Interest Rate for 20 Years | 41.23% | 72.85% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 22.51 | 22.8 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 1.51 | 2.33 |
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Groceries
| Item | Cyprus | Iceland |
|---|
| Milk, 1 L or 1 qt | 1.68 | 1.83 |
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| Bread, 0.5 kg or 1.1 lb | 1.57 | 3.36 |
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| Eggs, x12 | 4.29 | 6.58 |
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| Cheese, 1 kg or 2.2 lb | 14.12 | 14.12 |
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| Chicken Breast, 1 kg or 2.2 lb | 9.49 | 15.81 |
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| Round Steak, 1 kg or 2.2 lb | 15.96 | 40.5 |
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| Banana, 1 kg or 2.2 lb | 1.84 | 2.45 |
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| Water, 1 L or 1 qt | 0.61 | 1.36 |
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Other
| Item | Cyprus | Iceland |
|---|
| Gym Membership, 1 month | 60.7 | 76.37 |
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| Cinema Ticket, 1 person | 9.55 | 16.72 |
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| Doctors visit | 56.56 | 93.82 |
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| Haircut, simple | 13.44 | 51.01 |
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| Brand Jeans | 97.2 | 119.07 |
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| Brand Sneakers | 107.28 | 169.8 |
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| Daycare or Preschool, 1 month | 420.93 | 220.27 |
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| International Primary School, 1 year | 7,781 | 6,414 |
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