Cost of living in Iceland compared to Bangladesh
Currency:
| Food | + 336% | |||
|---|---|---|---|---|
| Food in Iceland is 336% more expensive than in Bangladesh | ||||
| Iceland | Bangladesh | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | 4,287 kr (Taka 3,230) | Taka 350 | + 822% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 2,748 kr (Taka 2,071) | Taka 507 | + 308% | |
| 500 gr (1 lb.) of boneless chicken breast | 1,229 kr (Taka 926) | Taka 210 | + 340% | |
| 1 liter (1 qt.) of whole fat milk | 251 kr (Taka 189) | Taka 88 | + 116% | |
| 12 eggs, large | 815 kr (Taka 614) | Taka 129 | + 376% | |
| 1 kg (2 lb.) of tomatoes | 653 kr (Taka 492) | Taka 90 | + 447% | |
| 500 gr (16 oz.) of local cheese | 1,271 kr (Taka 957) | Taka 369 | + 159% | |
| 1 kg (2 lb.) of apples | 429 kr (Taka 323) | Taka 221 | + 47% | |
| 1 kg (2 lb.) of potatoes | 475 kr (Taka 358) | Taka 33 | + 981% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 760 kr (Taka 573) | Taka 386 | + 48% | |
| 1 bottle of red table wine, good quality | 8,578 kr (Taka 6,463) | Taka 1,412 | + 358% | |
| 2 liters of coca-cola | 346 kr (Taka 260) | Taka 110 | + 137% | |
| Bread for 2 people for 1 day | 669 kr (Taka 504) | Taka 70 | + 623% | |
| Housing | + 387% | |||
| Housing in Iceland is 387% more expensive than in Bangladesh | ||||
| Iceland | Bangladesh | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 351,541 kr (Taka 264,877) | Taka 52,964 | + 400% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 277,929 kr (Taka 209,412) | Taka 24,651 | + 749% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 65,177 kr (Taka 49,109) | Taka 2,870 | + 1611% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 242,439 kr (Taka 182,671) | Taka 34,158 | + 435% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 192,461 kr (Taka 145,014) | Taka 20,892 | + 594% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 42,933 kr (Taka 32,349) | Taka 2,246 | + 1340% | |
| Internet 8 mbps (1 month) | 6,518 kr (Taka 4,911) | Taka 1,396 | + 252% | |
| 40” flat screen tv | 165,479 kr (Taka 124,684) | Taka 35,407 | + 252% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 49,096 kr (Taka 36,992) | Taka 15,748 | + 135% | |
| Laundry detergent (3 l. ~ 100 oz.) | 3,317 kr (Taka 2,499) | Taka 491 | + 409% | |
| Hourly rate for cleaning help | 11,734 kr (Taka 8,841) | - | - | |
| Clothes | + 422% | |||
| Clothes in Iceland is 422% more expensive than in Bangladesh | ||||
| Iceland | Bangladesh | Diff | ||
| 1 pair of jeans (levis 501 or similar) | 37,157 kr (Taka 27,997) | Taka 2,970 | + 843% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 15,761 kr (Taka 11,875) | Taka 3,111 | + 282% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 31,870 kr (Taka 24,013) | Taka 6,985 | + 244% | |
| 1 pair of men’s leather business shoes | 67,739 kr (Taka 51,040) | Taka 4,408 | + 1058% | |
| Transportation | + 147% | |||
| Transportation in Iceland is 147% more expensive than in Bangladesh | ||||
| Iceland | Bangladesh | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 5,967,620 kr (Taka 4,496,447) | Taka 3,754,770 | + 20% | |
| 1 liter (1/4 gallon) of gas | 334 kr (Taka 252) | Taka 111 | + 128% | |
| Monthly ticket public transport | 12,187 kr (Taka 9,183) | Taka 1,500 | + 512% | |
| Personal Care | + 274% | |||
| Personal Care in Iceland is 274% more expensive than in Bangladesh | ||||
| Iceland | Bangladesh | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 713 kr (Taka 537) | Taka 191 | + 181% | |
| 1 box of antibiotics (12 doses) | 3,600 kr (Taka 2,713) | Taka 436 | + 522% | |
| Short visit to private doctor (15 minutes) | 24,000 kr (Taka 18,083) | - | - | |
| 1 box of 32 tampons (tampax, ob, ...) | 1,114 kr (Taka 840) | Taka 487 | + 72% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 2,112 kr (Taka 1,592) | Taka 286 | + 456% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 851 kr (Taka 641) | Taka 502 | + 28% | |
| 4 rolls of toilet paper | 1,255 kr (Taka 945) | Taka 80 | + 1083% | |
| Tube of toothpaste | 653 kr (Taka 492) | Taka 212 | + 132% | |
| Standard men's haircut in expat area of the city | 8,660 kr (Taka 6,525) | Taka 389 | + 1577% | |
| Entertainment | + 406% | |||
| Entertainment in Iceland is 406% more expensive than in Bangladesh | ||||
| Iceland | Bangladesh | Diff | ||
| Basic dinner out for two in neighborhood pub | 10,409 kr (Taka 7,843) | Taka 1,168 | + 571% | |
| 2 tickets to the movies | 5,350 kr (Taka 4,031) | Taka 858 | + 370% | |
| 2 tickets to the theater (best available seats) | 28,094 kr (Taka 21,168) | Taka 2,000 | + 958% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 49,122 kr (Taka 37,012) | Taka 2,051 | + 1705% | |
| 1 cocktail drink in downtown club | 4,786 kr (Taka 3,606) | Taka 1,000 | + 261% | |
| Cappuccino in expat area of the city | 989 kr (Taka 745) | Taka 215 | + 246% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 1,850 kr (Taka 1,394) | Taka 522 | + 167% | |
| Ipad wi-fi 128gb | 188,000 kr (Taka 141,653) | Taka 35,756 | + 296% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 70 kr (Taka 53) | - | - | |
| 1 month of gym membership in business district | 13,622 kr (Taka 10,264) | Taka 1,760 | + 483% | |
| 1 package of marlboro cigarettes | 2,105 kr (Taka 1,586) | Taka 274 | + 479% | |
| TOTAL | + 292% | |||
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 757 prices entered by 244 different people.
These prices were last updated on January 30, 2023.
Exchange rate:
0.753
BDT
/
ISK
Cost of living in Iceland is 292% more expensive than in Bangladesh
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