Iceland vs Jamaica - Cost of Living Comparison

Updated:

Livingcost

Iceland Jamaica
🚶 Cost of living one person
$3200
$1310
👨‍👩‍👧‍👦 Cost of living Family
$6660
$3021
🏠 One person rent
$1957
$621
🏘️ Family rent
$2883
$1041
🍽️ Food expenses
$907
$480
🚐 Transport expenses
$97.3
$123
💳 Monthly salary after tax
$4630
$575
💸 GDP per capita
$86041
$7754
😃 Human freedom index
8.76
7.89
❤️ Life expectancy
82.6
71.5
👮 Corruption perceptions index
77
44
🌐 English speaking %
98%
97.6%
🎓 Higher education
81
70
😀 Quality of life
94
43
🏙️ Population
387K
2.84M

The average cost of living in Iceland ($3200) is 144% more expensive than in Jamaica ($1310). Iceland ranked 4th vs 54th for Jamaica in the list of the most expensive countries in the world.

The average after-tax salary is enough to cover living expenses for 1.4 months in Iceland compared to 0.4 months in Jamaica. Ranked 11th and 122nd best countries to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Share this infographic!

Prices in Iceland vs Jamaica

We calculate prices for Iceland and Jamaica as a population-weighted mean of 5 and 10 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.

Iceland Jamaica
Eating Out
🍱 Lunch Menu
$27.8
$9.03
🥂 Dinner in a Restaurant, for 2
$103
$83.8
🥪 Fast food meal, equiv. McDonald's
$20.3
$8.22
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$11.6
$2.25
 Cappuccino
$5.87
$4.73
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$3.21
$1.28
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$2048
$701
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$1758
$400
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$3226
$1598
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$2583
$1086
🔌 Utility Bill one person, electricity, heating, water, etc.
$55
$98.7
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$84.8
$152
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$87.6
$50.3
🏦 Mortgage Interest Rate for 20 Years
8.83%
9.47%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$7289
$2688
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$6333
$2215
Transportation
🚌 Local transport ticket
$5.04
$0.81
🎟️ Monthly ticket local transport
$83
$48.8
🚕 Taxi Ride, 8 km or 5 mi
$29
$26.7
 Gas / Petrol, 1 L or 0.26 gal
$2.51
$1.24
Groceries
🥛 Milk, 1 L or 1 qt
$2
$3.95
🍞 Bread, 0.5 kg or 1.1 lb
$4.25
$3.6
🍚 Rice, 1 kg or 2.2 lb
$3.42
$1.67
🥚 Eggs, x12
$6.9
$3.55
🧀 Cheese, 1 kg or 2.2 lb
$19.6
$11.6
🐔 Chicken Breast, 1 kg or 2.2 lb
$25.7
$6.56
🥩 Round Steak, 1 kg or 2.2 lb
$44.8
$7.67
🍏 Apples, 1 kg or 2.2 lb
$3.4
$5.72
🍌 Banana, 1 kg or 2.2 lb
$2.65
$3.15
🍊 Oranges, 1 kg or 2.2 lb
$3.28
$4.53
🍅 Tomato, 1 kg or 2.2 lb
$5.58
$2.96
🥔 Potato, 1 kg or 2.2 lb
$3.46
$2.1
🧅 Onion, 1 kg or 2.2 lb
$2.09
$1.84
🌊 Water, 1 L or 1 qt
$1.26
$0.99
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$3.02
$1.88
🍾 Wine (mid-priced), 750 mL bottle
$23.3
$12
🍺 Beer, 0.5 L or 16 fl oz
$3.95
$2.82
🚬 Cigarette pack
$14
$9.16
💊 Cold medicince, 1 week
$12.7
$6.84
🧴 Hair Shampoo
$5.91
$6.47
🧻 Toilet paper, 4 rolls
$5.24
$3.43
👄 Toothpaste, 1 tube
$3.64
$1.71
Other
🏋️ Gym Membership, 1 month
$88.2
$59.6
🎫 Cinema Ticket, 1 person
$17.9
$13.2
👩‍⚕️ Doctor's visit
$93.5
$26.4
💇 Haircut, simple
$46.2
$7.92
👖 Brand Jeans
$139
$23.1
👟 Brand Sneakers
$169
$67.8
👶 Daycare or Preschool, 1 month
$406
$228
🏫 International Primary School, 1 year
$30488
$4841

Cost of living in other countries

Cost of living

Cities Comparison in Iceland vs Jamaica

More countries to compare

Cost of Living in Popular cities

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

In Jamaica

City Cost of living Population
Kingston
$1461
938K
Spanish Town
$835
131K
Half Way Tree
$1289
96.5K
Montego Bay
$1096
124K
May Pen
$970
61.5K
Old Harbour
$1077
28.7K
Mandeville
$1018
48.3K
Linstead
$1109
22.8K
Savanna-la-Mar
$1196
22.6K
Port Antonio
$1234
14.8K