Cost of living in Iceland compared to Bangladesh
Currency:
| Food | + 415% | |||
|---|---|---|---|---|
| Food in Iceland is 415% more expensive than in Bangladesh | ||||
| Iceland | Bangladesh | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | 7,596 kr (Taka 6,649) | Taka 270 | + 2366% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 2,977 kr (Taka 2,606) | Taka 530 | + 392% | |
| 500 gr (1 lb.) of boneless chicken breast | 1,608 kr (Taka 1,407) | Taka 212 | + 564% | |
| 1 liter (1 qt.) of whole fat milk | 253 kr (Taka 222) | Taka 92 | + 142% | |
| 12 eggs, large | 1,036 kr (Taka 907) | Taka 144 | + 532% | |
| 1 kg (2 lb.) of tomatoes | 774 kr (Taka 678) | Taka 87 | + 678% | |
| 500 gr (16 oz.) of local cheese | 1,658 kr (Taka 1,451) | Taka 475 | + 206% | |
| 1 kg (2 lb.) of apples | 606 kr (Taka 530) | Taka 301 | + 76% | |
| 1 kg (2 lb.) of potatoes | 466 kr (Taka 408) | Taka 57 | + 621% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 563 kr (Taka 492) | Taka 427 | + 15% | |
| 1 bottle of red table wine, good quality | 4,329 kr (Taka 3,790) | Taka 1,488 | + 155% | |
| 2 liters of coca-cola | 385 kr (Taka 337) | Taka 137 | + 146% | |
| Bread for 2 people for 1 day | 448 kr (Taka 392) | Taka 73 | + 436% | |
| Housing | + 515% | |||
| Housing in Iceland is 515% more expensive than in Bangladesh | ||||
| Iceland | Bangladesh | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 367,107 kr (Taka 321,338) | Taka 39,784 | + 708% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 299,893 kr (Taka 262,503) | Taka 22,029 | + 1092% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 222,135 kr (Taka 194,440) | Taka 3,945 | + 4829% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 328,613 kr (Taka 287,643) | Taka 75,922 | + 279% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 212,082 kr (Taka 185,640) | Taka 37,731 | + 392% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 31,740 kr (Taka 27,783) | Taka 10,000 | + 178% | |
| Internet 8 mbps (1 month) | 11,660 kr (Taka 10,206) | Taka 1,355 | + 653% | |
| 40” flat screen tv | 135,104 kr (Taka 118,260) | Taka 44,973 | + 163% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 24,394 kr (Taka 21,353) | Taka 9,570 | + 123% | |
| Laundry detergent (3 l. ~ 100 oz.) | 2,814 kr (Taka 2,463) | Taka 533 | + 362% | |
| Hourly rate for cleaning help | 5,651 kr (Taka 4,947) | - | - | |
| Clothes | + 505% | |||
| Clothes in Iceland is 505% more expensive than in Bangladesh | ||||
| Iceland | Bangladesh | Diff | ||
| 1 pair of jeans (levis 501 or similar) | 13,152 kr (Taka 11,512) | Taka 2,114 | + 445% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 18,714 kr (Taka 16,381) | Taka 2,450 | + 569% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 26,530 kr (Taka 23,222) | Taka 4,870 | + 377% | |
| 1 pair of men’s leather business shoes | 25,574 kr (Taka 22,386) | Taka 4,397 | + 409% | |
| Transportation | + 181% | |||
| Transportation in Iceland is 181% more expensive than in Bangladesh | ||||
| Iceland | Bangladesh | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 6,086,940 kr (Taka 5,328,044) | Taka 3,757,380 | + 42% | |
| 1 liter (1/4 gallon) of gas | 300 kr (Taka 263) | Taka 119 | + 120% | |
| Monthly ticket public transport | 13,976 kr (Taka 12,233) | Taka 2,408 | + 408% | |
| Personal Care | + 235% | |||
| Personal Care in Iceland is 235% more expensive than in Bangladesh | ||||
| Iceland | Bangladesh | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 1,367 kr (Taka 1,197) | Taka 836 | + 43% | |
| 1 box of antibiotics (12 doses) | 3,085 kr (Taka 2,700) | Taka 682 | + 296% | |
| Short visit to private doctor (15 minutes) | 19,528 kr (Taka 17,093) | Taka 1,500 | + 1040% | |
| 1 box of 32 tampons (tampax, ob, ...) | 750 kr (Taka 656) | Taka 360 | + 82% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 665 kr (Taka 582) | Taka 411 | + 42% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 948 kr (Taka 829) | Taka 625 | + 33% | |
| 4 rolls of toilet paper | 863 kr (Taka 755) | Taka 102 | + 643% | |
| Tube of toothpaste | 577 kr (Taka 505) | Taka 129 | + 291% | |
| Standard men's haircut in expat area of the city | 7,963 kr (Taka 6,970) | Taka 380 | + 1736% | |
| Entertainment | + 278% | |||
| Entertainment in Iceland is 278% more expensive than in Bangladesh | ||||
| Iceland | Bangladesh | Diff | ||
| Basic dinner out for two in neighborhood pub | 12,694 kr (Taka 11,112) | Taka 1,745 | + 537% | |
| 2 tickets to the movies | 5,796 kr (Taka 5,073) | Taka 1,011 | + 402% | |
| 2 tickets to the theater (best available seats) | 17,961 kr (Taka 15,722) | Taka 3,000 | + 424% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 18,942 kr (Taka 16,580) | Taka 3,597 | + 361% | |
| 1 cocktail drink in downtown club | 3,638 kr (Taka 3,184) | Taka 1,519 | + 110% | |
| Cappuccino in expat area of the city | 800 kr (Taka 700) | Taka 253 | + 177% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 1,366 kr (Taka 1,196) | Taka 519 | + 130% | |
| Ipad wi-fi 128gb | 172,430 kr (Taka 150,932) | Taka 35,756 | + 322% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | - | - | - | |
| 1 month of gym membership in business district | 25,228 kr (Taka 22,083) | Taka 2,561 | + 762% | |
| 1 package of marlboro cigarettes | 1,827 kr (Taka 1,600) | Taka 327 | + 389% | |
| TOTAL | + 335% | |||
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 614 prices entered by 242 different people.
These prices were last updated on October 12, 2024.
Exchange rate:
0.875
BDT
/
ISK
Cost of living in Iceland is 335% more expensive than in Bangladesh
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