Iceland vs Myanmar - Cost of Living Comparison

Updated:

Livingcost

Iceland Myanmar
🚶 Cost of living one person
$2518
$759
👨‍👩‍👧‍👦 Cost of living Family
$5339
$2192
🏠 One person rent
$1478
$398
🏘️ Family rent
$2369
$975
🍽️ Food expenses
$761
$227
🚐 Transport expenses
$83.9
$76.4
💳 Monthly salary after tax
$3501
$401
💸 GDP per capita
$73467
$1149
😃 Human freedom index
8.73
3.88
❤️ Life expectancy
83.1
65.7
👮 Corruption perceptions index
72
20
🌐 English speaking %
98%
4.5%
🎓 Higher education
81
19
😀 Quality of life
92
15
🏙️ Population
364K
53.4M

The average cost of living in Iceland ($2518) is 232% more expensive than in Myanmar ($759). Iceland ranked 5th vs 122nd for Myanmar 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 0.5 months in Myanmar. Ranked 10th and 183rd best countries to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Iceland vs Myanmar infographic

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Prices in Iceland vs Myanmar

We calculate prices for Iceland and Myanmar as a population-weighted mean of 5 and 12 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 Myanmar
Eating Out
🍱 Lunch Menu
$20.7
$1.94
🥂 Dinner in a Restaurant, for 2
$114
$22.6
🥪 Fast food meal, equiv. McDonald's
$16.8
$5.7
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$10.2
$1.25
 Cappuccino
$4.88
$2.26
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$2.72
$0.71
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1510
$681
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$1318
$240
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$2409
$1163
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$2171
$827
🔌 Utility Bill one person, electricity, heating, water, etc.
$53.6
$19.6
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$82.3
$30.1
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$68.4
$50.9
🏦 Mortgage Interest Rate for 20 Years
6.82%
10.8%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$5442
$1261
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$4321
$367
Transportation
🚌 Local transport ticket
$4.09
$0.15
🎟️ Monthly ticket local transport
$66.7
$10.1
🚕 Taxi Ride, 8 km or 5 mi
$26.1
$11.5
 Gas / Petrol, 1 L or 0.26 gal
$2.25
$0.94
Groceries
🥛 Milk, 1 L or 1 qt
$1.62
$1.69
🍞 Bread, 0.5 kg or 1.1 lb
$3.64
$1.03
🍚 Rice, 1 kg or 2.2 lb
$3.19
$1.03
🥚 Eggs, x12
$5.89
$1.49
🧀 Cheese, 1 kg or 2.2 lb
$14.9
$13.1
🐔 Chicken Breast, 1 kg or 2.2 lb
$18.5
$5.44
🥩 Round Steak, 1 kg or 2.2 lb
$29.5
$8.4
🍏 Apples, 1 kg or 2.2 lb
$2.99
$2.7
🍌 Banana, 1 kg or 2.2 lb
$2.16
$0.96
🍊 Oranges, 1 kg or 2.2 lb
$2.74
$2.39
🍅 Tomato, 1 kg or 2.2 lb
$4.51
$1.55
🥔 Potato, 1 kg or 2.2 lb
$2.86
$1.09
🧅 Onion, 1 kg or 2.2 lb
$1.83
$1.15
🌊 Water, 1 L or 1 qt
$1.33
$0.22
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.53
$1.02
🍾 Wine (mid-priced), 750 mL bottle
$19.4
$9.38
🍺 Beer, 0.5 L or 16 fl oz
$3.03
$0.97
🚬 Cigarette pack
$11.7
$1.65
💊 Cold medicince, 1 week
$11.6
$1.3
🧴 Hair Shampoo
$5.23
$3.5
🧻 Toilet paper, 4 rolls
$4.66
$0.95
👄 Toothpaste, 1 tube
$3.24
$1.62
Other
🏋️ Gym Membership, 1 month
$62
$45.1
🎫 Cinema Ticket, 1 person
$14.4
$4.96
👩‍⚕️ Doctor's visit
$82.9
$13.6
💇 Haircut, simple
$37.3
$2.55
👖 Brand Jeans
$106
$26.3
👟 Brand Sneakers
$144
$72.9
👶 Daycare or Preschool, 1 month
$245
$453
🏫 International Primary School, 1 year
$6038
$12927

Cost of living in other countries

Cost of living

More countries to compare

Cost of Living in Popular cities

In Iceland

City Cost of living Population
Reykjavik
$2723
140K
Kopavogur
$2304
39.8K
Hafnarfjorur
$2460
30.6K
Akureyri
$2011
19.9K
Keflavik
$2023
16.5K

In Myanmar

City Cost of living Population
Yangon
$815
6.87M
Mandalay
$715
1.23M
Naypyidaw
$706
1.16M
Taunggyi
$668
265K
Myitkyina
$673
243K
Monywa
$669
207K
Hpa-an
$605
422K
Myeik
$571
222K
Mawlamyine
$566
289K
Pathein
$709
287K
Bago
$710
284K
Sittwe
$656
101K