Cost of living in Iceland compared to Bangladesh
Currency:
| Food | + 297% | |||
|---|---|---|---|---|
| Food in Iceland is 297% more expensive than in Bangladesh | ||||
| Iceland | Bangladesh | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | 3,692 kr (Taka 2,989) | Taka 354 | + 744% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 2,739 kr (Taka 2,218) | Taka 372 | + 497% | |
| 500 gr (1 lb.) of boneless chicken breast | 1,374 kr (Taka 1,112) | Taka 192 | + 480% | |
| 1 liter (1 qt.) of whole fat milk | 250 kr (Taka 203) | Taka 91 | + 124% | |
| 12 eggs, large | 860 kr (Taka 696) | Taka 156 | + 347% | |
| 1 kg (2 lb.) of tomatoes | 653 kr (Taka 529) | Taka 83 | + 537% | |
| 500 gr (16 oz.) of local cheese | 1,286 kr (Taka 1,041) | Taka 697 | + 49% | |
| 1 kg (2 lb.) of apples | 361 kr (Taka 292) | Taka 209 | + 40% | |
| 1 kg (2 lb.) of potatoes | 386 kr (Taka 313) | Taka 41 | + 664% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 662 kr (Taka 536) | Taka 488 | + 10% | |
| 1 bottle of red table wine, good quality | 5,644 kr (Taka 4,570) | Taka 1,265 | + 261% | |
| 2 liters of coca-cola | 353 kr (Taka 285) | Taka 130 | + 120% | |
| Bread for 2 people for 1 day | 457 kr (Taka 370) | Taka 57 | + 554% | |
| Housing | + 336% | |||
| Housing in Iceland is 336% more expensive than in Bangladesh | ||||
| Iceland | Bangladesh | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 327,935 kr (Taka 265,494) | Taka 48,251 | + 450% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 277,000 kr (Taka 224,257) | Taka 35,702 | + 528% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 65,177 kr (Taka 52,767) | Taka 3,885 | + 1258% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 252,658 kr (Taka 204,550) | Taka 61,660 | + 232% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 189,329 kr (Taka 153,279) | Taka 33,185 | + 362% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 42,933 kr (Taka 34,758) | Taka 3,381 | + 928% | |
| Internet 8 mbps (1 month) | 6,518 kr (Taka 5,277) | Taka 945 | + 459% | |
| 40” flat screen tv | 90,826 kr (Taka 73,532) | Taka 42,323 | + 74% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 33,068 kr (Taka 26,771) | Taka 19,150 | + 40% | |
| Laundry detergent (3 l. ~ 100 oz.) | 3,317 kr (Taka 2,685) | Taka 561 | + 378% | |
| Hourly rate for cleaning help | 10,968 kr (Taka 8,880) | - | - | |
| Clothes | + 305% | |||
| Clothes in Iceland is 305% more expensive than in Bangladesh | ||||
| Iceland | Bangladesh | Diff | ||
| 1 pair of jeans (levis 501 or similar) | 17,972 kr (Taka 14,550) | Taka 2,028 | + 617% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 15,761 kr (Taka 12,760) | Taka 3,683 | + 246% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 27,859 kr (Taka 22,554) | Taka 7,920 | + 185% | |
| 1 pair of men’s leather business shoes | 39,522 kr (Taka 31,996) | Taka 4,630 | + 591% | |
| Transportation | + 115% | |||
| Transportation in Iceland is 115% more expensive than in Bangladesh | ||||
| Iceland | Bangladesh | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 6,184,340 kr (Taka 5,006,791) | Taka 4,000,000 | + 25% | |
| 1 liter (1/4 gallon) of gas | 309 kr (Taka 250) | Taka 128 | + 96% | |
| Monthly ticket public transport | 14,620 kr (Taka 11,836) | Taka 3,514 | + 237% | |
| Personal Care | + 428% | |||
| Personal Care in Iceland is 428% more expensive than in Bangladesh | ||||
| Iceland | Bangladesh | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 713 kr (Taka 577) | Taka 228 | + 153% | |
| 1 box of antibiotics (12 doses) | 3,600 kr (Taka 2,915) | Taka 647 | + 350% | |
| Short visit to private doctor (15 minutes) | 24,000 kr (Taka 19,430) | Taka 1,685 | + 1053% | |
| 1 box of 32 tampons (tampax, ob, ...) | 1,114 kr (Taka 902) | Taka 409 | + 120% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 2,112 kr (Taka 1,710) | Taka 325 | + 426% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 861 kr (Taka 697) | Taka 468 | + 49% | |
| 4 rolls of toilet paper | 1,097 kr (Taka 888) | Taka 94 | + 850% | |
| Tube of toothpaste | 653 kr (Taka 529) | Taka 172 | + 207% | |
| Standard men's haircut in expat area of the city | 7,223 kr (Taka 5,848) | Taka 640 | + 814% | |
| Entertainment | + 365% | |||
| Entertainment in Iceland is 365% more expensive than in Bangladesh | ||||
| Iceland | Bangladesh | Diff | ||
| Basic dinner out for two in neighborhood pub | 10,589 kr (Taka 8,573) | Taka 1,598 | + 436% | |
| 2 tickets to the movies | 5,350 kr (Taka 4,331) | Taka 896 | + 384% | |
| 2 tickets to the theater (best available seats) | 28,094 kr (Taka 22,745) | Taka 1,777 | + 1180% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 22,215 kr (Taka 17,985) | Taka 3,233 | + 456% | |
| 1 cocktail drink in downtown club | 3,419 kr (Taka 2,768) | Taka 999 | + 177% | |
| Cappuccino in expat area of the city | 828 kr (Taka 671) | Taka 266 | + 152% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 1,777 kr (Taka 1,439) | Taka 520 | + 177% | |
| Ipad wi-fi 128gb | 188,000 kr (Taka 152,203) | Taka 35,756 | + 326% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 70 kr (Taka 57) | Taka 10 | + 467% | |
| 1 month of gym membership in business district | 12,295 kr (Taka 9,954) | Taka 2,120 | + 369% | |
| 1 package of marlboro cigarettes | 1,745 kr (Taka 1,413) | Taka 287 | + 392% | |
| TOTAL | + 254% | |||
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 912 prices entered by 310 different people.
These prices were last updated on September 19, 2023.
Exchange rate:
0.810
BDT
/
ISK
Cost of living in Iceland is 254% more expensive than in Bangladesh
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