Cost of living in Iginniarfik

Iginniarfik, a quaint settlement in Greenland, offers a unique lifestyle with its remote location and distinct cultural heritage. Understanding the cost of living here is crucial for anyone considering a move or extended stay.This guide provides a detailed breakdown of expenses in Iginniarfik, covering everything from dining and groceries to housing and transportation, helping you plan your budget effectively.

Cost of Living Summary

Dining and Restaurants

Inexpensive Restaurant MealA meal at a casual restaurant will typically cost $21.27 on average.
Mid-Range Restaurant (Three-Course Meal for Two)For a more upscale dining experience, expect to pay around $99.27.
Fast Food (e.g., McDonald's)A McMeal or equivalent combo meal averages $14.18.
Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi)Domestic beer averages $9.93, imported beer $7.8, cappuccino $5.67, and Coke/Pepsi $2.84.

Grocery Prices

MilkMilk is priced at $2.84 per liter.
Bread (Loaf of Fresh White Bread)A loaf of fresh white bread costs $3.55.
Eggs (Dozen)A dozen eggs average $5.11.
Fruits (e.g., Apples, Oranges)Apples and oranges both cost $4.96 per kg.
Vegetables (e.g., Potatoes, Lettuce)Potatoes are priced at $3.55 per kg, and lettuce costs $5.67 per head.

Transportation

Public Transport (One-Way Ticket)A one-way local transport ticket costs $3.55.
Monthly PassA monthly pass for public transport is priced at $82.25.
Fuel (Gasoline)Gasoline is priced at $0.99 per liter.
Taxi FaresTaxi fares start at $3.12, with a cost of $5.67 per km and $7.09 per hour of waiting.

Housing Costs

1-Bedroom Apartment Rent (City Centre)Rent for a 1-bedroom apartment in the city centre averages $1480.14.
1-Bedroom Apartment Rent (Outside Centre)Outside the centre, rent averages $1288.95.
3-Bedroom Apartment Rent (City Centre)Rent for a 3-bedroom apartment in the city centre averages $1865.54.
3-Bedroom Apartment Rent (Outside Centre)Outside the centre, rent averages $1642.07.
Buying Price per Square Meter (City Centre)The price per square meter to buy an apartment in the city centre averages $5672.38.
Buying Price per Square Meter (Outside Centre)Outside the centre, the price per square meter averages $4821.53.

Utilities

Basic Utilities (Electricity, Heating, Water, etc.)Basic utilities for an 85m2 apartment cost $283.62.
InternetInternet services average $141.81.

Cost of Living Data

The following pricing data has been gathered from 1 user contributions, as of the most recent update in May, 2024.

Restaurants

Avg / Range

Restaurants

Avg

Range

Meal, Inexpensive Restaurant

$21.27

Meal for 2 People, Mid-range Restaurant, Three-course

$99.27

McMeal at McDonalds (or Equivalent Combo Meal)

$14.18

Domestic Beer (0.5 liter draught)

$9.93

Imported Beer (0.33 liter bottle)

$7.80

Coke/Pepsi (0.33 liter bottle)

$2.84

Water (0.33 liter bottle)

$2.84

Cappuccino (regular)

$5.67

Markets

Avg / Range

Markets

Avg

Range

Milk (regular), (1 liter)

$2.84

Loaf of Fresh White Bread (500g)

$3.55

Eggs (regular) (12)

$5.11

Local Cheese (1kg)

$28.36

Water (1.5 liter bottle)

$2.84

Bottle of Wine (Mid-Range)

$21.27

Domestic Beer (0.5 liter bottle)

$5.74

Imported Beer (0.33 liter bottle)

$3.55

Cigarettes 20 Pack (Marlboro)

$12.76

Chicken Fillets (1kg)

$19.14

Apples (1kg)

$4.96

Oranges (1kg)

$4.96

Potato (1kg)

$3.55

Lettuce (1 head)

$5.67

Rice (white), (1kg)

$4.96

Tomato (1kg)

$4.25

Banana (1kg)

$4.25

Onion (1kg)

$4.25

Beef Round (1kg) (or Equivalent Back Leg Red Meat)

$21.27

Transportation

Avg / Range

Transportation

Avg

Range

One-way Ticket (Local Transport)

$3.55

Monthly Pass (Regular Price)

$82.25

Gasoline (1 liter)

$0.99

Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)

$35,452.40

Taxi Start (Normal Tariff)

$3.12

Taxi 1km (Normal Tariff)

$5.67

Taxi 1hour Waiting (Normal Tariff)

$7.09

Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)

$11,344.77

Rent Per Month

Avg / Range

Rent Per Month

Avg

Range

Avg

Range

Average Monthly Net Salary (After Tax)

$3,431.08

Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate

7.33%

Childcare

Avg / Range

Childcare

Avg

Range

Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child

$567.24

International Primary School, Yearly for 1 Child

$9,926.67

Overview Job Market

Affordability

Reasonable

About this index

Iginniarfik Cost of Living

"Key Takeaways"

Iginniarfik presents a relatively high cost of living, particularly in terms of dining and housing. The prices for basic groceries and utilities are also significant, reflecting the remote nature of the location.
Transportation costs are moderate, with public transport and fuel prices being relatively affordable compared to other expenses.
Potential residents should budget carefully, especially for housing and dining, and consider the benefits of local transport options to manage costs effectively.

Conclusion

Living in Iginniarfik, Greenland, offers a unique experience with its stunning natural landscapes and cultural richness. However, the cost of living is notably high, especially for dining and housing.

Prospective residents should be prepared for these expenses and plan their finances accordingly. Despite the costs, the lifestyle and environment in Iginniarfik can offer a rewarding experience for those who appreciate its unique setting.