Cost of living
Iceland compared to Bolivia
🌍
Overview comparison
IcelandBolivia
Consumer prices in Iceland are roughly 68% higher than in Bolivia.
Cost of living
| Item | Iceland | Bolivia |
|---|
| Total with rent one person | 2,964 | 793 |
|---|
| Total with rent family | 4,846 | 1,699 |
|---|
| Without rent one person | 959 | 384 |
|---|
| Without rent one family | 2,730 | 1,311 |
|---|
| Rent & Utilities person | 1,597.82 | 296.6 |
|---|
| Rent & Utilities family | 2,046.76 | 523.39 |
|---|
| Food person | 870 | 202 |
|---|
| Food family | 2,184 | 552 |
|---|
| Transport person | 77.85 | 80 |
|---|
| Transport family | 222.83 | 290.84 |
|---|
| Life expectancy | 82.81 years | 68.74 years |
|---|
Eating Out
| Item | Iceland | Bolivia |
|---|
| Lunch Menu | 17.65 | 3.37 |
|---|
| Dinner in a Restaurant, for 2 | 129.25 | 21.6 |
|---|
| Fast food meal, equiv. McDonald's | 18.5 | 6.67 |
|---|
| Beer in a Pub, 0.5 L or 16 fl oz | 12.12 | 2.56 |
|---|
| Cappuccino | 4.5 | 3.12 |
|---|
| Pepsi / Coke, 0.5 L or 16.9 fl oz | 3.66 | 0.87 |
|---|
Rent & Utilities
| Item | Iceland | Bolivia |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 1,800.05 | 334.14 |
|---|
| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 1,312.55 | 196.63 |
|---|
| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 2,314.52 | 412.76 |
|---|
| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 2,843.64 | 393.05 |
|---|
| Utility Bill one person, electricity, heating, water, etc. | 44.71 | 27.4 |
|---|
| Utility Bill for a Family, electricity, heating, water, etc. | 67.33 | 47.96 |
|---|
| Internet plan, 25 Mbps+ 1 month unlimited | 76.76 | 38.01 |
|---|
Transportation
| Item | Iceland | Bolivia |
|---|
| Local transport ticket | 7.78 | 6.97 |
|---|
| Gas / Petrol, 1 L or 0.26 gal | 5.47 | 0.37 |
|---|
| Mortgage Interest Rate for 20 Years | 12.46% | 8.8% |
|---|
| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 22.8 | 11.04 |
|---|
| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 2.33 | 0.52 |
|---|
Groceries
| Item | Iceland | Bolivia |
|---|
| Milk, 1 L or 1 qt | 1.83 | 1.16 |
|---|
| Bread, 0.5 kg or 1.1 lb | 3.36 | 1.01 |
|---|
| Eggs, x12 | 6.58 | 1.63 |
|---|
| Cheese, 1 kg or 2.2 lb | 14.12 | 4.77 |
|---|
| Chicken Breast, 1 kg or 2.2 lb | 15.81 | 3.16 |
|---|
| Round Steak, 1 kg or 2.2 lb | 40.5 | 5.37 |
|---|
| Banana, 1 kg or 2.2 lb | 2.45 | 0.94 |
|---|
| Water, 1 L or 1 qt | 1.36 | 0.76 |
|---|
Other
| Item | Iceland | Bolivia |
|---|
| Gym Membership, 1 month | 76.37 | 37.12 |
|---|
| Cinema Ticket, 1 person | 16.72 | 6.44 |
|---|
| Doctors visit | 93.82 | 35.75 |
|---|
| Haircut, simple | 51.01 | 6.26 |
|---|
| Brand Jeans | 119.07 | 43.8 |
|---|
| Brand Sneakers | 169.8 | 63.94 |
|---|
| Daycare or Preschool, 1 month | 220.27 | 225.28 |
|---|
| International Primary School, 1 year | 6,414 | 3,260 |
|---|
