Cost of living in Iceland compared to Bangladesh
Currency:
| Food | + 176% | |||
|---|---|---|---|---|
| Food in Iceland is 176% more expensive than in Bangladesh | ||||
| Basic lunchtime menu (including a drink) in the business district | 2,682 kr (Taka 1,827) | Taka 301 | + 507% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 1,972 kr (Taka 1,344) | Taka 389 | + 245% | |
| 500 gr (1 lb.) of boneless chicken breast | 1,138 kr (Taka 776) | Taka 171 | + 354% | |
| 1 liter (1 qt.) of whole fat milk | 157 kr (Taka 107) | Taka 82 | + 31% | |
| 12 eggs, large | 755 kr (Taka 514) | Taka 117 | + 339% | |
| 1 kg (2 lb.) of tomatoes | 592 kr (Taka 403) | Taka 53 | + 666% | |
| 500 gr (16 oz.) of local cheese | 897 kr (Taka 612) | Taka 411 | + 49% | |
| 1 kg (2 lb.) of apples | 415 kr (Taka 283) | Taka 181 | + 57% | |
| 1 kg (2 lb.) of potatoes | 426 kr (Taka 290) | Taka 25 | + 1046% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 398 kr (Taka 271) | Taka 426 | - 36% | |
| 1 bottle of red table wine, good quality | 3,115 kr (Taka 2,123) | Taka 1,811 | + 17% | |
| 2 liters of coca-cola | 335 kr (Taka 229) | Taka 103 | + 122% | |
| Bread for 2 people for 1 day | 320 kr (Taka 218) | Taka 44 | + 395% | |
| Housing | + 266% | |||
| Housing in Iceland is 266% more expensive than in Bangladesh | ||||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 309,818 kr (Taka 211,121) | Taka 44,860 | + 371% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 232,178 kr (Taka 158,214) | Taka 28,913 | + 447% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 23,301 kr (Taka 15,878) | Taka 4,663 | + 241% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 173,145 kr (Taka 117,987) | Taka 35,020 | + 237% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 176,252 kr (Taka 120,104) | Taka 18,135 | + 562% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 25,549 kr (Taka 17,410) | Taka 3,942 | + 342% | |
| Internet 8 mbps (1 month) | 6,689 kr (Taka 4,558) | Taka 1,264 | + 261% | |
| 40” flat screen tv | 86,633 kr (Taka 59,035) | Taka 35,260 | + 67% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 25,900 kr (Taka 17,649) | Taka 12,829 | + 38% | |
| Laundry detergent (3 l. ~ 100 oz.) | 1,925 kr (Taka 1,312) | Taka 336 | + 291% | |
| Hourly rate for cleaning help | 3,410 kr (Taka 2,324) | Taka 1,289 | + 80% | |
| Clothes | + 245% | |||
| Clothes in Iceland is 245% more expensive than in Bangladesh | ||||
| 1 pair of jeans (levis 501 or similar) | 17,501 kr (Taka 11,926) | Taka 1,748 | + 582% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 7,301 kr (Taka 4,975) | Taka 1,905 | + 161% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 17,572 kr (Taka 11,974) | Taka 4,690 | + 155% | |
| 1 pair of men’s leather business shoes | 29,325 kr (Taka 19,983) | Taka 3,988 | + 401% | |
| Transportation | + 98% | |||
| Transportation in Iceland is 98% more expensive than in Bangladesh | ||||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 3,672,550 kr (Taka 2,502,609) | Taka 2,383,780 | + 5% | |
| 1 liter (1/4 gallon) of gas | 191 kr (Taka 130) | Taka 94 | + 38% | |
| Monthly ticket public transport | 12,731 kr (Taka 8,675) | Taka 2,585 | + 236% | |
| Personal Care | + 132% | |||
| Personal Care in Iceland is 132% more expensive than in Bangladesh | ||||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 1,355 kr (Taka 923) | Taka 189 | + 390% | |
| 1 box of antibiotics (12 doses) | 1,601 kr (Taka 1,091) | Taka 691 | + 58% | |
| Short visit to private doctor (15 minutes) | 4,855 kr (Taka 3,308) | Taka 914 | + 262% | |
| 1 box of 32 tampons (tampax, ob, ...) | 498 kr (Taka 340) | Taka 560 | - 39% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 408 kr (Taka 278) | Taka 259 | + 7% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 866 kr (Taka 590) | Taka 367 | + 61% | |
| 4 rolls of toilet paper | 392 kr (Taka 267) | Taka 87 | + 207% | |
| Tube of toothpaste | 403 kr (Taka 275) | Taka 102 | + 169% | |
| Standard men's haircut in expat area of the city | 6,887 kr (Taka 4,693) | Taka 232 | + 1926% | |
| Entertainment | + 196% | |||
| Entertainment in Iceland is 196% more expensive than in Bangladesh | ||||
| Basic dinner out for two in neighborhood pub | 6,422 kr (Taka 4,376) | Taka 1,040 | + 321% | |
| 2 tickets to the movies | 3,045 kr (Taka 2,075) | Taka 884 | + 135% | |
| 2 tickets to the theater (best available seats) | 10,062 kr (Taka 6,857) | Taka 2,026 | + 238% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 12,253 kr (Taka 8,350) | Taka 2,404 | + 247% | |
| 1 cocktail drink in downtown club | 2,505 kr (Taka 1,707) | Taka 1,227 | + 39% | |
| Cappuccino in expat area of the city | 713 kr (Taka 486) | Taka 393 | + 24% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 1,141 kr (Taka 778) | Taka 526 | + 48% | |
| Ipad wi-fi 128gb | 88,913 kr (Taka 60,588) | Taka 35,756 | + 69% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 64 kr (Taka 44) | Taka 1.70 | + 2471% | |
| 1 month of gym membership in business district | 7,926 kr (Taka 5,401) | Taka 1,895 | + 185% | |
| 1 package of marlboro cigarettes | 1,429 kr (Taka 973) | Taka 277 | + 251% | |
| TOTAL | + 176% | |||
This comparison is lacking data. It provides a decent comparison, but it is not yet reliable. It is based on 1,416 prices entered by 223 different people.
These prices were last updated on January 24, 2020.
Exchange rate:
0.681
BDT
/
ISK
Cost of living in Iceland is 176% more expensive than in Bangladesh
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