Compare purchasing power and cost of living
Compare your salary purchasing power across different countries.
Maintain current standard of living (1.0x)
Fill in the form to see the purchasing power comparison.
Many professionals considering moving from Dominican Republic to Iceland often overlook the Purchasing Power Parity (PPP) difference. While a salary in Iceland might look higher on paper, the cost of living could make it worth less.
Understanding the real value of your income is crucial when negotiating a remote salary or planning a relocation. This calculator helps you determine the equivalent salary you would need in Iceland to maintain your current standard of living in Dominican Republic.
Based on PPP data, the price level in Iceland is approximately 5.60x that of Dominican Republic. This means things are generally more expensive in Iceland.
You are comparing DOP vs ISK. Exchange rates fluctuate daily, but PPP provides a more stable long-term view of economic value and living standards.