Eritrea vs Iceland - Cost of Living Comparison

Updated:

Livingcost

Eritrea Iceland
🚶 Cost of living one person
$525
$3200
👨‍👩‍👧‍👦 Cost of living Family
$1252
$6660
🏠 One person rent
$221
$1957
🏘️ Family rent
$364
$2883
🍽️ Food expenses
$211
$907
🚐 Transport expenses
$42.6
$97.3
💳 Monthly salary after tax
$94.1
$4630
💸 GDP per capita
$689
$86041
😃 Human freedom index
4.8
8.76
❤️ Life expectancy
68.6
82.6
👮 Corruption perceptions index
13
77
🌐 English speaking %
0%
98%
🎓 Higher education
12
81
😀 Quality of life
10
94
🏙️ Population
3.54M
387K

The average cost of living in Eritrea ($525) is 84% less expensive than in Iceland ($3200). Eritrea ranked 185th 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 0.2 months in Eritrea compared to 1.4 months in Iceland. Ranked 192nd and 11th best countries to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

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Prices in Eritrea vs Iceland

We calculate prices for Eritrea and Iceland as a population-weighted mean of 4 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.

Eritrea Iceland
Eating Out
🍱 Lunch Menu
$3.3
$27.8
🥂 Dinner in a Restaurant, for 2
$20.1
$103
🥪 Fast food meal, equiv. McDonald's
$4.72
$20.3
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$1.78
$11.6
 Cappuccino
$1.93
$5.87
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$0.51
$3.21
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$216
$2048
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$141
$1758
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$503
$3226
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$311
$2583
🔌 Utility Bill one person, electricity, heating, water, etc.
$39.1
$55
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$60.2
$84.8
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$26.6
$87.6
🏦 Mortgage Interest Rate for 20 Years
12.8%
8.83%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1432
$7289
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$819
$6333
Transportation
🚌 Local transport ticket
$0.3
$5.04
🎟️ Monthly ticket local transport
$11.6
$83
🚕 Taxi Ride, 8 km or 5 mi
$6.56
$29
 Gas / Petrol, 1 L or 0.26 gal
$0.99
$2.51
Groceries
🥛 Milk, 1 L or 1 qt
$1.21
$2
🍞 Bread, 0.5 kg or 1.1 lb
$0.64
$4.25
🍚 Rice, 1 kg or 2.2 lb
$1.16
$3.42
🥚 Eggs, x12
$1.59
$6.9
🧀 Cheese, 1 kg or 2.2 lb
$7.02
$19.6
🐔 Chicken Breast, 1 kg or 2.2 lb
$4.41
$25.7
🥩 Round Steak, 1 kg or 2.2 lb
$6.74
$44.8
🍏 Apples, 1 kg or 2.2 lb
$2.4
$3.4
🍌 Banana, 1 kg or 2.2 lb
$1.17
$2.65
🍊 Oranges, 1 kg or 2.2 lb
$1.65
$3.28
🍅 Tomato, 1 kg or 2.2 lb
$1.03
$5.58
🥔 Potato, 1 kg or 2.2 lb
$0.96
$3.46
🧅 Onion, 1 kg or 2.2 lb
$1
$2.09
🌊 Water, 1 L or 1 qt
$0.35
$1.26
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$1.1
$3.02
🍾 Wine (mid-priced), 750 mL bottle
$8.01
$23.3
🍺 Beer, 0.5 L or 16 fl oz
$1.48
$3.95
🚬 Cigarette pack
$2.88
$14
💊 Cold medicince, 1 week
$3.41
$12.7
🧴 Hair Shampoo
$2.83
$5.91
🧻 Toilet paper, 4 rolls
$1.55
$5.24
👄 Toothpaste, 1 tube
$1.24
$3.64
Other
🏋️ Gym Membership, 1 month
$23.9
$88.2
🎫 Cinema Ticket, 1 person
$4.1
$17.9
👩‍⚕️ Doctor's visit
$15.3
$93.5
💇 Haircut, simple
$3.66
$46.2
👖 Brand Jeans
$26.5
$139
👟 Brand Sneakers
$61
$169
👶 Daycare or Preschool, 1 month
$93.9
$406
🏫 International Primary School, 1 year
$3569
$30488

Cost of living in other countries

Cost of living

More countries to compare

Cost of Living in Popular cities

In Eritrea

City Cost of living Population
Asmara
$531
963K
Keren
$498
120K
Massawa
$497
39.8K
Mendefera
$498
28.5K

In Iceland

City Cost of living Population
Reykjavik
$3322
139K
Kopavogur
$3219
40K
Hafnarfjorur
$3212
31.5K
Akureyri
$2974
20.1K
Keflavik
$2621
23.3K