Published: Monday, 21th October 2024
The cost of living in Moldova is 5.00 times less expensive as compared to Iceland.
On this page, you will find side-by-side cost comparison between Moldova and Iceland. We have created 172 cost-of-living indicators. We average the prices of all those indicators and take a mathematically calculated approach to determine which country is more expensive to live in between Moldova and Iceland.
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![]() Indicators ![]() | ![]() Moldova ![]() | ![]() Iceland ![]() |
---|---|---|
1 BHK Apartment in City Center ![]() | 8,000 MDL (440 USD) | 200,000 ISK (1,420 USD) |
2 BHK Apartment in City Center ![]() | 12,000 MDL (660 USD) | 300,000 ISK (2,130 USD) |
3 BHK Apartment in City Center ![]() | 16,000 MDL (880 USD) | 400,000 ISK (2,840 USD) |
1 BHK Apartment outside City Center ![]() | 5,000 MDL (275 USD) | 150,000 ISK (1,065 USD) |
2 BHK Apartment outside City Center ![]() | 8,000 MDL (440 USD) | 200,000 ISK (1,420 USD) |
3 BHK Apartment outside City Center ![]() | 10,000 MDL (550 USD) | 300,000 ISK (2,130 USD) |
Mortgage Rates Per Month ![]() | 2 % | 4 % |
Realtor Commission ![]() | 5 % | 2 % |
Property Taxes ![]() | 0.1 to 0.4 % | 0.2 to 1.65 % |
The average housing cost in Moldova is 3.31 times less expensive than Iceland.
![]() Indicators ![]() | ![]() Moldova ![]() | ![]() Iceland ![]() |
---|---|---|
Basic Home Furnishing ![]() | 15,000 MDL (825 USD) | 300,000 ISK (2,130 USD) |
Electricity Cost Per Month ![]() | 300 MDL (16.50 USD) | 20,000 ISK (142 USD) |
Heating Cost Per Month ![]() | 400 MDL (22 USD) | 25,000 ISK (177.50 USD) |
Cooling Cost Per Month ![]() | 200 MDL (11 USD) | 10,000 ISK (71 USD) |
Water Supply Cost Per Month ![]() | 150 MDL (8.25 USD) | 5,000 ISK (35.50 USD) |
If you lived in Moldova, instead of Iceland, you would have to pay 65.46% less for Utilities.
The basic home furnishing in Moldova costs 2.58 times less compared to Iceland.
![]() Indicators ![]() | ![]() Moldova ![]() | ![]() Iceland ![]() |
---|---|---|
Standard Wifi Cost Per Month ![]() | 200 MDL (11 USD) | 10,000 ISK (71 USD) |
Mobile Phone Basic Plan Cost Per Month ![]() | 150 MDL (8.25 USD) | 5,000 ISK (35.50 USD) |
Landline Basic Plan Cost Per Month ![]() | 100 MDL (5.50 USD) | 3,000 ISK (21.30 USD) |
Cable TV Basic Plan Cost Per Month ![]() | 200 MDL (11 USD) | 8,000 ISK (56.80 USD) |
The internet and communication costs 80.63% less in Moldova compared to Iceland.
![]() Indicators ![]() | ![]() Moldova ![]() | ![]() Iceland ![]() |
---|---|---|
Long Grain Rice (1 KG) ![]() | 25 MDL (1.38 USD) | 500 ISK (3.55 USD) |
Milk (1 Liter) ![]() | 18 MDL (0.99 USD) | 250 ISK (1.78 USD) |
Water (1 Liter) ![]() | 10 MDL (0.55 USD) | 50 ISK (0.36 USD) |
Bread (500 gm) ![]() | 15 MDL (0.82 USD) | 150 ISK (1.07 USD) |
Eggs (1 Dozen) ![]() | 30 MDL (1.65 USD) | 500 ISK (3.55 USD) |
Cheese (1 KG) ![]() | 80 MDL (4.40 USD) | 1,200 ISK (8.52 USD) |
Chicken Breast (1 KG) ![]() | 60 MDL (3.30 USD) | 1,000 ISK (7.10 USD) |
In Moldova, the cost of 1 Liter Water and 1 Liter Milk is 1.38 times less expensive than the cost in Iceland.
If you lived in Moldova, instead of Iceland, you would have to pay 49.49% less for Groceries.
![]() Indicators ![]() | ![]() Moldova ![]() | ![]() Iceland ![]() |
---|---|---|
Apples (1 KG) ![]() | 30 MDL (1.65 USD) | 800 ISK (5.68 USD) |
Bananas (1 KG) ![]() | 20 MDL (1.10 USD) | 600 ISK (4.26 USD) |
Oranges (1 KG) ![]() | 25 MDL (1.38 USD) | 700 ISK (4.97 USD) |
Tomatoes (1 KG) ![]() | 25 MDL (1.38 USD) | 500 ISK (3.55 USD) |
Potatoes (1 KG) ![]() | 15 MDL (0.82 USD) | 400 ISK (2.84 USD) |
Lemons (1 KG) ![]() | 30 MDL (1.65 USD) | 700 ISK (4.97 USD) |
Onions (1 KG) ![]() | 15 MDL (0.82 USD) | 600 ISK (4.26 USD) |
Lentils (1 KG) ![]() | 30 MDL (1.65 USD) | 600 ISK (4.26 USD) |
If you lived in Moldova, instead of Iceland, you would have to pay 3.33 times less for Fruits and Vegetables.
![]() Indicators ![]() | ![]() Moldova ![]() | ![]() Iceland ![]() |
---|---|---|
Meal at a Resonable Restaurant ![]() | 80 MDL (4.40 USD) | 3,500 ISK (24.85 USD) |
Three-Course Meal for Two ![]() | 300 MDL (16.50 USD) | 8,000 ISK (56.80 USD) |
Fast Food Combo Meal ![]() | 50 MDL (2.75 USD) | 1,500 ISK (10.65 USD) |
Normal Coffee ![]() | 20 MDL (1.10 USD) | 500 ISK (3.55 USD) |
Soft Drink ![]() | 10 MDL (0.55 USD) | 300 ISK (2.13 USD) |
Pizza for One ![]() | 80 MDL (4.40 USD) | 2,500 ISK (17.75 USD) |
Take-Out Delivery Meal ![]() | 80 MDL (4.40 USD) | 3,000 ISK (21.30 USD) |
Cigarette Pack of 20 ![]() | 40 MDL (2.20 USD) | 1,500 ISK (10.65 USD) |
Dining-Out costs 75.42% less in Moldova compared to Iceland.
![]() Indicators ![]() | ![]() Moldova ![]() | ![]() Iceland ![]() |
---|---|---|
Wine Mid-Range Bottle ![]() | 100 MDL (5.50 USD) | 2,000 ISK (14.20 USD) |
Glass of Wine ![]() | 50 MDL (2.75 USD) | 1,200 ISK (8.52 USD) |
Domestic Beer Half Liter ![]() | 15 MDL (0.82 USD) | 600 ISK (4.26 USD) |
Imported Beer Half Liter ![]() | 25 MDL (1.38 USD) | 800 ISK (5.68 USD) |
Domestic Alcohol 1 Liter ![]() | 100 MDL (5.50 USD) | 3,000 ISK (21.30 USD) |
Branded Alcohol 1 Liter ![]() | 200 MDL (11 USD) | 4,000 ISK (28.40 USD) |
If you lived in Moldova, instead of Iceland, you would have to pay 3.06 times less for usual hard drinks.
![]() Indicators ![]() | ![]() Moldova ![]() | ![]() Iceland ![]() |
---|---|---|
Monthly Public Transportation Pass ![]() | 200 MDL (11 USD) | 15,000 ISK (106.50 USD) |
Single Public Transportation Ticket ![]() | 5 MDL (0.28 USD) | 400 ISK (2.84 USD) |
Single Train Ticket ![]() | Yet to Update () | Yet to Update () |
Domestic Airplane Ticket ![]() | 1,500 MDL (82.50 USD) | 30,000 ISK (213 USD) |
Taxi Start Fare ![]() | 20 MDL (1.10 USD) | 800 ISK (5.68 USD) |
Taxi Rate Per Kilometer ![]() | 10 MDL (0.55 USD) | 200 ISK (1.42 USD) |
Car Rental Per Day ![]() | 50 MDL (2.75 USD) | 10,000 ISK (71 USD) |
Parking Fees in City Center Per Hour ![]() | 20 MDL (1.10 USD) | 500 ISK (3.55 USD) |
Parking Fees outside City Center Per Hour ![]() | 10 MDL (0.55 USD) | 300 ISK (2.13 USD) |
If you lived in Moldova, instead of Iceland, you would have to pay 4.07 times less for transportation.
![]() Indicators ![]() | ![]() Moldova ![]() | ![]() Iceland ![]() |
---|---|---|
Reasonable Vehicle Purchase Cost ![]() | 20,000 MDL (1,100 USD) | 4,000,000 ISK (28,400 USD) |
Vehicle Registration Cost ![]() | 500 MDL (27.50 USD) | 15,000 ISK (106.50 USD) |
Driving License Fees ![]() | 200 MDL (11 USD) | 5,000 ISK (35.50 USD) |
Car Insurance Cost ![]() | 1,000 MDL (55 USD) | 40,000 ISK (284 USD) |
Car Maintenance Cost ![]() | 500 MDL (27.50 USD) | 15,000 ISK (106.50 USD) |
Car Loan Interest Rates ![]() | 7 % | 5 % |
Fuel Per Liter ![]() | 25 MDL (1.38 USD) | 250 ISK (1.78 USD) |
Fuel Per Gallon ![]() | 100 MDL (5.50 USD) | 1,200 ISK (8.52 USD) |
Average Toll Fees ![]() | Yet to Update | 1,000 ISK 7.10 USD |
You would have to pay 23.58 times less for Vehicle purchase, daily operation and maintenance in Moldova compared to that of Iceland.
![]() Indicators ![]() | ![]() Moldova ![]() | ![]() Iceland ![]() |
---|---|---|
Doctor Visit ![]() | 200 MDL (11 USD) | 5,000 ISK (35.50 USD) |
Specialist Visit ![]() | 300 MDL (16.50 USD) | 10,000 ISK (71 USD) |
Dentist Visit ![]() | 250 MDL (13.75 USD) | 8,000 ISK (56.80 USD) |
Eye Exam ![]() | 150 MDL (8.25 USD) | 3,000 ISK (21.30 USD) |
Mental Health Counseling ![]() | 400 MDL (22 USD) | 8,000 ISK (56.80 USD) |
Preventive Health Screening ![]() | 150 MDL (8.25 USD) | 4,000 ISK (28.40 USD) |
Physical Therapy ![]() | 300 MDL (16.50 USD) | 6,000 ISK (42.60 USD) |
Emergency Room Visit ![]() | 1,000 MDL (55 USD) | 15,000 ISK (106.50 USD) |
Hospital Stay Per Night ![]() | 1,500 MDL (82.50 USD) | 25,000 ISK (177.50 USD) |
Vaccinations ![]() | 100 MDL (5.50 USD) | 2,500 ISK (17.75 USD) |
Prescription Medication ![]() | 100 MDL (5.50 USD) | 1,500 ISK (10.65 USD) |
Over the Counter Medication ![]() | 50 MDL (2.75 USD) | 800 ISK (5.68 USD) |
Health Insurance Premiums ![]() | 500 MDL (27.50 USD) | 20,000 ISK (142 USD) |
Health Insurance Deductibles ![]() | 200 MDL (11 USD) | 5,000 ISK (35.50 USD) |
If you lived in Moldova, instead of Iceland, you would have to pay 2.83 times less for Health and Medical Treatment.
![]() Indicators ![]() | ![]() Moldova ![]() | ![]() Iceland ![]() |
---|---|---|
Cosmetic Procedures ![]() | 2,000 MDL (110 USD) | 30,000 ISK (213 USD) |
Spa Treatment ![]() | 500 MDL (27.50 USD) | 10,000 ISK (71 USD) |
Manicure Pedicure Cost ![]() | 200 MDL (11 USD) | 3,000 ISK (21.30 USD) |
Optical Glasses Cost ![]() | 400 MDL (22 USD) | 10,000 ISK (71 USD) |
Contact Lenses Cost ![]() | 150 MDL (8.25 USD) | 5,000 ISK (35.50 USD) |
Haircuts ![]() | 100 MDL (5.50 USD) | 2,000 ISK (14.20 USD) |
Hair Coloring ![]() | 300 MDL (16.50 USD) | 6,000 ISK (42.60 USD) |
Shampoo Price ![]() | 30 MDL (1.65 USD) | 500 ISK (3.55 USD) |
Toothpaste Price ![]() | 15 MDL (0.82 USD) | 200 ISK (1.42 USD) |
If you lived in Moldova, instead of Iceland, you would have to pay 2.33 times less for Personal Care Items and Treatment.
![]() Indicators ![]() | ![]() Moldova ![]() | ![]() Iceland ![]() |
---|---|---|
Pair of Nike Running Shoes ![]() | 1,500 MDL (82.50 USD) | 15,000 ISK (106.50 USD) |
Men's Shirt ![]() | 400 MDL (22 USD) | 5,000 ISK (35.50 USD) |
Women's Dress ![]() | 800 MDL (44 USD) | 10,000 ISK (71 USD) |
Summer Dress ![]() | 600 MDL (33 USD) | 5,000 ISK (35.50 USD) |
Men's Suit ![]() | 3,000 MDL (165 USD) | 40,000 ISK (284 USD) |
Men's Jeans ![]() | 800 MDL (44 USD) | 7,000 ISK (49.70 USD) |
Women's Jeans ![]() | 800 MDL (44 USD) | 6,000 ISK (42.60 USD) |
Men's Formal Shoes ![]() | 1,500 MDL (82.50 USD) | 7,000 ISK (49.70 USD) |
Women's Formal Shoes ![]() | 1,500 MDL (82.50 USD) | 7,000 ISK (49.70 USD) |
Men's Casual Shoes ![]() | 1,000 MDL (55 USD) | 5,000 ISK (35.50 USD) |
Women's Casual Shoes ![]() | 1,000 MDL (55 USD) | 4,000 ISK (28.40 USD) |
Underwear For Men ![]() | 100 MDL (5.50 USD) | 1,000 ISK (7.10 USD) |
Underwear For Women ![]() | 150 MDL (8.25 USD) | 1,200 ISK (8.52 USD) |
Socks For Men ![]() | 50 MDL (2.75 USD) | 300 ISK (2.13 USD) |
Socks For Women ![]() | 50 MDL (2.75 USD) | 400 ISK (2.84 USD) |
Wintercoat for Adults ![]() | 1,500 MDL (82.50 USD) | 8,000 ISK (56.80 USD) |
Sportswear ![]() | 800 MDL (44 USD) | 6,000 ISK (42.60 USD) |
If you lived in Moldova, instead of Iceland, you would have to pay 1.06 times less for Clothing and Footwear for Adults.
![]() Indicators ![]() | ![]() Moldova ![]() | ![]() Iceland ![]() |
---|---|---|
Children's Jeans ![]() | 600 MDL (33 USD) | 3,500 ISK (24.85 USD) |
Children's Normal Sneakers ![]() | 700 MDL (38.50 USD) | 4,000 ISK (28.40 USD) |
Children's Winter Coat ![]() | 800 MDL (44 USD) | 6,000 ISK (42.60 USD) |
Daycare for Infant ![]() | 800 MDL (44 USD) | 25,000 ISK (177.50 USD) |
Daycare for Toddler ![]() | 700 MDL (38.50 USD) | 20,000 ISK (142 USD) |
Childcare for Sick Days ![]() | 150 MDL (8.25 USD) | 1,500 ISK (10.65 USD) |
Early Childhood Education Programs ![]() | 600 MDL (33 USD) | 6,000 ISK (42.60 USD) |
Extra Curricular Activities ![]() | 300 MDL (16.50 USD) | 3,000 ISK (21.30 USD) |
Summer Camp for Kids ![]() | 1,000 MDL (55 USD) | 8,000 ISK (56.80 USD) |
If you lived in Moldova, instead of Iceland, you would have to pay 1.76 times less for Childcare and kids clothing.
![]() Indicators ![]() | ![]() Moldova ![]() | ![]() Iceland ![]() |
---|---|---|
PreSchool Fees ![]() | 1,000 MDL (55 USD) | 30,000 ISK (213 USD) |
Primary School Fees ![]() | 1,500 MDL (82.50 USD) | 40,000 ISK (284 USD) |
Secondary School Fees ![]() | 2,500 MDL (137.50 USD) | 60,000 ISK (426 USD) |
Private School Fees ![]() | 4,000 MDL (220 USD) | 80,000 ISK (568 USD) |
University Tuition Fees ![]() | 12,000 MDL (660 USD) | 150,000 ISK (1,065 USD) |
University Private Tuition Fees ![]() | 24,000 MDL (1,320 USD) | 200,000 ISK (1,420 USD) |
After School Activities ![]() | 300 MDL (16.50 USD) | 5,000 ISK (35.50 USD) |
Special Education Services ![]() | 500 MDL (27.50 USD) | 7,000 ISK (49.70 USD) |
Tutoring ![]() | 150 MDL (8.25 USD) | 5,000 ISK (35.50 USD) |
Textbooks Cost ![]() | 200 MDL (11 USD) | 4,000 ISK (28.40 USD) |
School Supplies ![]() | 100 MDL (5.50 USD) | 2,000 ISK (14.20 USD) |
If you lived in Moldova, instead of Iceland, you would have to pay 1.63 times less for school and education.
![]() Indicators ![]() | ![]() Moldova ![]() | ![]() Iceland ![]() |
---|---|---|
Movie Ticket (Single) ![]() | 60 MDL (3.30 USD) | 1,000 ISK (7.10 USD) |
Theater Ticket (Single) ![]() | 150 MDL (8.25 USD) | 2,000 ISK (14.20 USD) |
Concert Ticket (Single) ![]() | 200 MDL (11 USD) | 2,500 ISK (17.75 USD) |
Sports Event Ticket (Single) ![]() | 200 MDL (11 USD) | 1,500 ISK (10.65 USD) |
Gym Membership ![]() | 300 MDL (16.50 USD) | 6,000 ISK (42.60 USD) |
Swimming Pool Access ![]() | 150 MDL (8.25 USD) | 5,000 ISK (35.50 USD) |
Museum Entry Ticket ![]() | 50 MDL (2.75 USD) | 1,000 ISK (7.10 USD) |
Zoo Entry Ticket ![]() | 80 MDL (4.40 USD) | 1,500 ISK (10.65 USD) |
Amusement Park Entry Ticket ![]() | 150 MDL (8.25 USD) | 2,000 ISK (14.20 USD) |
Bowling ![]() | 100 MDL (5.50 USD) | 1,000 ISK (7.10 USD) |
Mini Golf ![]() | 80 MDL (4.40 USD) | 1,500 ISK (10.65 USD) |
Video Games ![]() | 300 MDL (16.50 USD) | 5,000 ISK (35.50 USD) |
Streaming Services ![]() | 50 MDL (2.75 USD) | 1,000 ISK (7.10 USD) |
Outdoor Equipment Rental ![]() | 100 MDL (5.50 USD) | 1,000 ISK (7.10 USD) |
Theme Park Annual Pass ![]() | 1,500 MDL (82.50 USD) | 50,000 ISK (355 USD) |
If you lived in Moldova, instead of Iceland, you would have to pay 3.05 times less for entertainment, recreation and fun activities.
![]() Indicators ![]() | ![]() Moldova ![]() | ![]() Iceland ![]() |
---|---|---|
Language Classes ![]() | 400 MDL (22 USD) | 5,000 ISK (35.50 USD) |
Parenting Classes ![]() | 200 MDL (11 USD) | 5,000 ISK (35.50 USD) |
Art Classes ![]() | 200 MDL (11 USD) | 3,000 ISK (21.30 USD) |
Fitness Classes ![]() | 150 MDL (8.25 USD) | 6,000 ISK (42.60 USD) |
Music Lessons ![]() | 250 MDL (13.75 USD) | 4,000 ISK (28.40 USD) |
Dance Lessons ![]() | 250 MDL (13.75 USD) | 4,000 ISK (28.40 USD) |
Reading Materials for Classes ![]() | 50 MDL (2.75 USD) | 1,000 ISK (7.10 USD) |
Educational Software ![]() | 200 MDL (11 USD) | 3,000 ISK (21.30 USD) |
If you lived in Moldova, instead of Iceland, you would have to pay 2.35 times less for Private Classes.
![]() Indicators ![]() | ![]() Moldova ![]() | ![]() Iceland ![]() |
---|---|---|
Average Gross Monthly Salary ![]() | 10,000 MDL (550 USD) | 450,000 ISK (3,195 USD) |
Average Net Monthly Salary ![]() | 7,500 MDL (412.50 USD) | 350,000 ISK (2,485 USD) |
Minimum Wages ![]() | 133.33 MDL per hour (7.33 USD) | 6,666.67 ISK per hour (47.33 USD) |
Average Bonus ![]() | 2,000 MDL (110 USD) | 40,000 ISK (284 USD) |
Income Tax Rate ![]() | 0 to 20 % | 0 to 24 % |
Social Security Contributions ![]() | 8 % | 7 % |
Pension Contributions ![]() | 5 % | 8 % |
Cost of Living Index ![]() | 35 | 12 |
Median Household Income ![]() | 15,000 MDL (825 USD) | 400,000 ISK (2,840 USD) |
If you lived in Moldova, you would earn 4.65 times less salary as compared to Iceland.
![]() Indicators ![]() | ![]() Moldova ![]() | ![]() Iceland ![]() |
---|---|---|
Legal Consultation Per Hour Rate ![]() | 500 MDL (27.50 USD) | 10,000 ISK (71 USD) |
Accounting Services Per Hour Rate ![]() | 400 MDL (22 USD) | 7,000 ISK (49.70 USD) |
IT Support Services Per Hour Rate ![]() | 350 MDL (19.25 USD) | 5,000 ISK (35.50 USD) |
Technician Services Per Hour Rate ![]() | 300 MDL (16.50 USD) | 4,000 ISK (28.40 USD) |
Professional Services cost 2.17 times less in Moldova, as compared to Iceland.
We hope you enjoyed the detailed guide on the cost of living comparsion between Moldova and Iceland.
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