Cost of living in Iceland compared to Bangladesh
Currency:
| Food | + 197% | |||
|---|---|---|---|---|
| Food in Iceland is 197% more expensive than in Bangladesh | ||||
| Basic lunchtime menu (including a drink) in the business district | 3,296 kr (Taka 2,168) | Taka 231 | + 840% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 1,495 kr (Taka 983) | Taka 357 | + 175% | |
| 500 gr (1 lb.) of boneless chicken breast | 941 kr (Taka 619) | Taka 181 | + 243% | |
| 1 liter (1 qt.) of whole fat milk | 191 kr (Taka 126) | Taka 75 | + 67% | |
| 12 eggs, large | 831 kr (Taka 547) | Taka 105 | + 422% | |
| 1 kg (2 lb.) of tomatoes | 461 kr (Taka 303) | Taka 62 | + 391% | |
| 500 gr (16 oz.) of local cheese | 904 kr (Taka 595) | Taka 550 | + 8% | |
| 1 kg (2 lb.) of apples | 350 kr (Taka 230) | Taka 160 | + 44% | |
| 1 kg (2 lb.) of potatoes | 277 kr (Taka 182) | Taka 30 | + 503% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 360 kr (Taka 237) | Taka 464 | - 49% | |
| 1 bottle of red table wine, good quality | 6,335 kr (Taka 4,166) | Taka 1,525 | + 173% | |
| 2 liters of coca-cola | 304 kr (Taka 200) | Taka 103 | + 94% | |
| Bread for 2 people for 1 day | 484 kr (Taka 318) | Taka 41 | + 679% | |
| Housing | + 250% | |||
| Housing in Iceland is 250% more expensive than in Bangladesh | ||||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 235,454 kr (Taka 154,844) | Taka 66,410 | + 133% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 255,127 kr (Taka 167,781) | Taka 36,585 | + 359% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 33,887 kr (Taka 22,286) | Taka 4,183 | + 433% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 168,623 kr (Taka 110,893) | Taka 38,399 | + 189% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 154,550 kr (Taka 101,638) | Taka 24,220 | + 320% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 21,721 kr (Taka 14,285) | Taka 4,012 | + 256% | |
| Internet 8 mbps (1 month) | 11,469 kr (Taka 7,543) | Taka 1,158 | + 552% | |
| 40” flat screen tv | 161,780 kr (Taka 106,393) | Taka 36,354 | + 193% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 42,834 kr (Taka 28,169) | Taka 15,726 | + 79% | |
| Laundry detergent (3 l. ~ 100 oz.) | 2,253 kr (Taka 1,482) | Taka 332 | + 346% | |
| Hourly rate for cleaning help | 4,567 kr (Taka 3,003) | Taka 852 | + 253% | |
| Clothes | + 594% | |||
| Clothes in Iceland is 594% more expensive than in Bangladesh | ||||
| 1 pair of jeans (levis 501 or similar) | 42,000 kr (Taka 27,621) | Taka 2,028 | + 1262% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 22,000 kr (Taka 14,468) | Taka 2,375 | + 509% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 35,000 kr (Taka 23,017) | Taka 6,087 | + 278% | |
| 1 pair of men’s leather business shoes | 44,000 kr (Taka 28,936) | Taka 4,139 | + 599% | |
| Transportation | + 108% | |||
| Transportation in Iceland is 108% more expensive than in Bangladesh | ||||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 5,289,920 kr (Taka 3,478,856) | Taka 2,957,960 | + 18% | |
| 1 liter (1/4 gallon) of gas | 258 kr (Taka 170) | Taka 93 | + 82% | |
| Monthly ticket public transport | 13,639 kr (Taka 8,969) | Taka 2,572 | + 249% | |
| Personal Care | + 250% | |||
| Personal Care in Iceland is 250% more expensive than in Bangladesh | ||||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 1,200 kr (Taka 789) | Taka 147 | + 436% | |
| 1 box of antibiotics (12 doses) | 2,500 kr (Taka 1,644) | Taka 576 | + 185% | |
| Short visit to private doctor (15 minutes) | 7,321 kr (Taka 4,815) | Taka 1,109 | + 334% | |
| 1 box of 32 tampons (tampax, ob, ...) | 620 kr (Taka 408) | Taka 406 | + 0% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 1,188 kr (Taka 781) | Taka 237 | + 230% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 650 kr (Taka 427) | Taka 405 | + 6% | |
| 4 rolls of toilet paper | 800 kr (Taka 526) | Taka 86 | + 508% | |
| Tube of toothpaste | 650 kr (Taka 427) | Taka 114 | + 275% | |
| Standard men's haircut in expat area of the city | 5,602 kr (Taka 3,684) | Taka 240 | + 1435% | |
| Entertainment | + 346% | |||
| Entertainment in Iceland is 346% more expensive than in Bangladesh | ||||
| Basic dinner out for two in neighborhood pub | 16,689 kr (Taka 10,975) | Taka 1,140 | + 863% | |
| 2 tickets to the movies | 3,582 kr (Taka 2,356) | Taka 913 | + 158% | |
| 2 tickets to the theater (best available seats) | 20,600 kr (Taka 13,547) | Taka 2,331 | + 481% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 27,766 kr (Taka 18,260) | Taka 2,046 | + 792% | |
| 1 cocktail drink in downtown club | 2,796 kr (Taka 1,838) | Taka 1,157 | + 59% | |
| Cappuccino in expat area of the city | 722 kr (Taka 475) | Taka 302 | + 57% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 1,097 kr (Taka 722) | Taka 600 | + 20% | |
| Ipad wi-fi 128gb | 120,000 kr (Taka 78,917) | Taka 35,756 | + 121% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 44 kr (Taka 29) | Taka 2.30 | + 1159% | |
| 1 month of gym membership in business district | 15,861 kr (Taka 10,431) | Taka 1,613 | + 547% | |
| 1 package of marlboro cigarettes | 1,891 kr (Taka 1,244) | Taka 269 | + 363% | |
| TOTAL | + 225% | |||
This comparison has some inconsistent or sparse data. It already provides a reliable comparison but it is not bullet-proof. It is based on 1,277 prices entered by 303 different people.
These prices were last updated on January 23, 2021.
Exchange rate:
0.658
BDT
/
ISK
Cost of living in Iceland is 225% more expensive than in Bangladesh
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