Cost of living in Palermo is 36% lower than in Keflavik (without rent).
Rent in Palermo is 48% cheaper than in Keflavik.
Cost of living including rent in Palermo is 42% lower than in Keflavik.
Food in Palermo is 42% cheaper than in Keflavik.
Transport in Palermo is 32% more expensive than in Keflavik.
| Palermo | Keflavik | |
|---|---|---|
| Cost of Living, including rent | ||
| Without Rent | ||
| Rent & Utilities | ||
| Food | ||
| Transport | ||
| Monthly Salary, after tax | ||
| Quality of Life | ||
| Population |
| Palermo | Keflavik | |
|---|---|---|
Restaurants |
||
| Lunch menu, inexpensive restaurant |
11.5 $ | 22.4 $ |
| Dinner, for 2 | 46.9 $ | 126 $ |
| Fast food, McDonalds or KFC | 10 $ | 15.6 $ |
| Beer, 0.5 L or 16 fl oz | 5.35 $ | 7.79 $ |
| Capuccino | 1.93 $ | 3.65 $ |
| Coke, 330ml | 2 $ | 2.98 $ |
Markets |
Milk, 1 L or 1 qt | 1.3 $ | 1.72 $ |
| Bread, 0.5 kg or 1 lb | 1.58 $ | 3.69 $ |
| Rice, 1 kg or 2 lb | 2.08 $ | 2.58 $ |
| Eggs, 12 pack | 3.18 $ | 5.53 $ |
| Cheese, 1 kg or 2 lb | 11.8 $ | 15.9 $ |
| Chicken Breast, 1 kg or 2 lb | 10.8 $ | 19.5 $ |
| Round Steak, 1 kg or 2 lb | 16.7 $ | 29.8 $ |
| Apples, 1 kg or 2 lb | 2.39 $ | 2.06 $ |
| Banana, 1 kg or 2 lb | 2.39 $ | 2.06 $ |
| Oranges, 1 kg or 2 lb | 2.62 $ | 2.22 $ |
| Potatoes, 1 kg or 2 lb | 1.52 $ | 2.45 $ |
| Onions, 1 kg or 2 lb | 1.18 $ | 1.36 $ |
| Water, 1 L or 1 qt | 0.26 $ | 1.38 $ |
| Coca-Cola / Pepsi, 2 L or 67.6 fl oz | 2.5 $ | 2.74 $ |
| Wine, 750 mL bottle | 7.93 $ | 14.7 $ |
| Beer, 0.5 L or 16 fl oz | 2.5 $ | 3.22 $ |
| Cigarette pack | 5.96 $ | 11 $ |
Transport |
||
| Local transport ticket, One-way Ticket | 1.56 $ | 4.42 $ |
| Monthly pass, Monthly Ticket | 39 $ | 82 $ |
| Gas or petrol, 1 L or 0.26 gal | 1.97 $ | 2.27 $ |
| Taxi, 8 km | 18.6 $ | 24.9 $ |
Personal Care |
||
| Doctor visit, private clinic | 74 $ | 84.1 $ |
| Cold medicine, for 1 week | 10.5 $ | 11.6 $ |
| Hair shampoo, 400 ml or 12 oz | 3 $ | 5.3 $ |
| Toilet paper, 4 rolls | 1.95 $ | 4.68 $ |
| Toothpaste, 1 tube | 1.9 $ | 3.31 $ |
Utilities per Month |
||
| Utility bill - 1 person, electricity, heating, water & garbage |
113 $ | 25.7 $ |
| Utility bill - family, electricity, heating, water & garbage |
173 $ | 39.4 $ |
| Internet plan, +60 Mbps |
26.1 $ | 66.9 $ |
Rent per Month |
||
| 1 Bedroom Apartment, outside of center, 40 sq.m | 361 $ | 880 $ |
| 3 Bedroom Apartment, outside of center, 85 sq.m | 680 $ | 1,380 $ |
| 1 Bedroom Apartment, in city center, 40 sq.m | 558 $ | 1,242 $ |
| 3 Bedroom Apartment, in city center, 85 sq.m | 869 $ | 1,796 $ |
Buy Apartment Price |
||
| Price per Square Meter to Buy Apartment, in city center | 2,248 $ | 2,868 $ |
| Price per Square Meter to Buy House, in suburbs | 1,066 $ | 2,055 $ |
Salaries and Financing |
||
| Average Monthly Net Salary, after tax | 1,406 $ | 3,293 $ |
| Mortgage Interest Rate, for 20 years fixed-rate | 4.71 % | 5.34 % |
Sports and Leisure |
||
| Fitness Club, Monthly Fee for 1 Adult | 44.7 $ | 59.1 $ |
| Cinema, 1 seat | 8.69 $ | 13.6 $ |
| Haircut | 10.5 $ | 47.5 $ |
Clothing and Shoes |
||
| Brand Sneakers, mid-range, Nike or similar | 90.5 $ | 156 $ |
| Brand Jeans, Levis 501 | 75.5 $ | 112 $ |
Childcare |
||
| Preschool, full day, monthly for 1 child | 314 $ | 251 $ |
| International Primary School, yearly for 1 child | 7,103 $ | 6,190 $ |