Cost of living
Pakistan compared to Iceland
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Overview comparison
PakistanIceland
Consumer prices in Iceland are roughly 85% higher than in Pakistan.
Cost of living
| Item | Pakistan | Iceland |
|---|
| Total with rent one person | 431 | 2,964 |
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| Total with rent family | 1,033 | 4,846 |
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| Without rent one person | 267 | 959 |
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| Without rent one family | 676 | 2,730 |
|---|
| Rent & Utilities person | 135.02 | 1,597.82 |
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| Rent & Utilities family | 318.37 | 2,046.76 |
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| Food person | 113 | 870 |
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| Food family | 423 | 2,184 |
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| Transport person | 47.95 | 77.85 |
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| Transport family | 117.41 | 222.83 |
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| Life expectancy | 63.7 years | 80.74 years |
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Eating Out
| Item | Pakistan | Iceland |
|---|
| Lunch Menu | 1.82 | 17.65 |
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| Dinner in a Restaurant, for 2 | 10.75 | 129.25 |
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| Fast food meal, equiv. McDonald's | 3.79 | 18.5 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 2.16 | 12.12 |
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| Cappuccino | 1.88 | 4.5 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 0.31 | 3.66 |
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Rent & Utilities
| Item | Pakistan | Iceland |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 106.88 | 1,800.05 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 63.55 | 1,312.55 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 206.39 | 2,314.52 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 134.3 | 2,843.64 |
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| Utility Bill one person, electricity, heating, water, etc. | 49.43 | 44.71 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 98.85 | 67.33 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 11.8 | 76.76 |
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Transportation
| Item | Pakistan | Iceland |
|---|
| Local transport ticket | 18.38 | 7.78 |
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| Monthly ticket local transport | 649 | 4,980 |
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| Taxi Ride, 8 km or 5 mi | 553 | 4,162 |
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| Gas / Petrol, 1 L or 0.26 gal | 0.19 | 5.47 |
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| Mortgage Interest Rate for 20 Years | 6.08% | 72.85% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 4.87 | 22.8 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 0.87 | 2.33 |
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Groceries
| Item | Pakistan | Iceland |
|---|
| Milk, 1 L or 1 qt | 0.77 | 1.83 |
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| Bread, 0.5 kg or 1.1 lb | 0.69 | 3.36 |
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| Eggs, x12 | 1.04 | 6.58 |
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| Cheese, 1 kg or 2.2 lb | 5.11 | 14.12 |
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| Chicken Breast, 1 kg or 2.2 lb | 2.73 | 15.81 |
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| Round Steak, 1 kg or 2.2 lb | 4.72 | 40.5 |
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| Banana, 1 kg or 2.2 lb | 0.67 | 2.45 |
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| Water, 1 L or 1 qt | 0.28 | 1.36 |
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Other
| Item | Pakistan | Iceland |
|---|
| Gym Membership, 1 month | 13.76 | 76.37 |
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| Cinema Ticket, 1 person | 4.49 | 16.72 |
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| Doctors visit | 12.71 | 93.82 |
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| Haircut, simple | 2.82 | 51.01 |
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| Brand Jeans | 18.7 | 119.07 |
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| Brand Sneakers | 66.26 | 169.8 |
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| Daycare or Preschool, 1 month | 42.72 | 220.27 |
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| International Primary School, 1 year | 1,055 | 6,414 |
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