Cuba vs Iceland - Cost of Living Comparison

Updated:

Livingcost

Cuba Iceland
🚶 Cost of living one person
$1217
$3195
👨‍👩‍👧‍👦 Cost of living Family
$2600
$6664
🏠 One person rent
$618
$1961
🏘️ Family rent
$786
$2920
🍽️ Food expenses
$420
$892
🚐 Transport expenses
$68.8
$96.2
💳 Monthly salary after tax
$55.7
$4523
💸 GDP per capita
$9605
$82704
😃 Human freedom index
5.2
8.8
❤️ Life expectancy
78.1
82.6
👮 Corruption perceptions index
41
77
🌐 English speaking %
6%
98%
🎓 Higher education
57
81
😀 Quality of life
33
93
🏙️ Population
11M
364K

The average cost of living in Cuba ($1217) is 62% less expensive than in Iceland ($3195). Cuba ranked 60th vs 4th for Iceland in the list of the most expensive countries in the world.

The average after-tax salary is enough to cover living expenses for 0 months in Cuba compared to 1.4 months in Iceland. Ranked 143rd and 7th best countries to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Cuba vs Iceland infographic

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Prices in Cuba vs Iceland

We calculate prices for Cuba and Iceland as a population-weighted mean of 25 and 5 cities, respectively. Since large cities tend to have a higher cost of living, it's better to visit specific city pages below for more relevant information.

Cuba Iceland
Eating Out
🍱 Lunch Menu
$9.93
$27.3
🥂 Dinner in a Restaurant, for 2
$34.3
$90.4
🥪 Fast food meal, equiv. McDonald's
$8.42
$20.8
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$3.35
$12.1
 Cappuccino
$2.26
$5.96
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$2.09
$3.13
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$641
$1964
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$469
$1779
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$952
$3125
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$769
$2650
🔌 Utility Bill one person, electricity, heating, water, etc.
$45.7
$57.3
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$70.4
$87.5
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$68.6
$87.6
🏦 Mortgage Interest Rate for 20 Years
8.83%
9.63%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$364
$7306
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$408
$6457
Transportation
🚌 Local transport ticket
$0.73
$4.94
🎟️ Monthly ticket local transport
$31.8
$83.8
🚕 Taxi Ride, 8 km or 5 mi
$11.7
$27.9
 Gas / Petrol, 1 L or 0.26 gal
$1.3
$2.56
Groceries
🥛 Milk, 1 L or 1 qt
$2.83
$1.99
🍞 Bread, 0.5 kg or 1.1 lb
$1.36
$4.25
🍚 Rice, 1 kg or 2.2 lb
$1.95
$3.57
🥚 Eggs, x12
$3.58
$6.7
🧀 Cheese, 1 kg or 2.2 lb
$7.99
$18.8
🐔 Chicken Breast, 1 kg or 2.2 lb
$8.12
$24.7
🥩 Round Steak, 1 kg or 2.2 lb
$10.5
$43.8
🍏 Apples, 1 kg or 2.2 lb
$4.92
$3.24
🍌 Banana, 1 kg or 2.2 lb
$1.2
$2.53
🍊 Oranges, 1 kg or 2.2 lb
$2.18
$3.05
🍅 Tomato, 1 kg or 2.2 lb
$2.19
$5.01
🥔 Potato, 1 kg or 2.2 lb
$2.32
$3.64
🧅 Onion, 1 kg or 2.2 lb
$2.17
$2.4
🌊 Water, 1 L or 1 qt
$0.76
$1.34
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$4.81
$3.08
🍾 Wine (mid-priced), 750 mL bottle
$11.1
$23.8
🍺 Beer, 0.5 L or 16 fl oz
$2.05
$3.75
🚬 Cigarette pack
$5.68
$14.1
💊 Cold medicince, 1 week
$11.6
$12.7
🧴 Hair Shampoo
$8.09
$5.97
🧻 Toilet paper, 4 rolls
$3.27
$5.3
👄 Toothpaste, 1 tube
$3.01
$3.71
Other
🏋️ Gym Membership, 1 month
$32.3
$82.4
🎫 Cinema Ticket, 1 person
$3.81
$17.6
👩‍⚕️ Doctor's visit
$66.4
$94.3
💇 Haircut, simple
$28.1
$52.2
👖 Brand Jeans
$42.8
$137
👟 Brand Sneakers
$76
$178
👶 Daycare or Preschool, 1 month
$108
$334
🏫 International Primary School, 1 year
$10491
$30829

Cost of living in other countries

Cost of living

Cities Comparison in Cuba vs Iceland

More countries to compare

Cost of Living in Popular cities

In Cuba

City Cost of living Population
Havana
$914
2.49M
Santiago de Cuba
$1650
445K
Holguin
$1353
350K
Camaguey
$1561
322K
Santa Clara
$1152
247K
Guantanamo
$1662
228K
Bayamo
$1171
235K
Las Tunas
$1574
202K
Pinar del Rio
$1077
189K
Cienfuegos
$856
165K
Matanzas
$1278
152K
Manzanillo
$2757
151K
Ciego de Avila
$1284
143K
Sancti Spiritus
$1220
139K
Palma Soriano
$1264
120K
Cardenas
$1223
86.7K
Moa
$1886
73.1K
Florida
$1427
71.7K
Placetas
$1098
71.2K
Guines
$1100
66.9K
Colon
$1142
68K
Artemisa
$1028
59.1K
Moron
$1286
59.4K
Yara
$2115
59.4K
Sagua La Grande
$1152
43K

In Iceland

City Cost of living Population
Reykjavik
$3309
140K
Kopavogur
$3219
39.8K
Hafnarfjorur
$3181
30.6K
Akureyri
$3002
19.9K
Keflavik
$2649
23.3K