Cost of Living Comparison Between Iceland and United States Reverse

For major cities in those countries you get more relevant data by specifying cities.
City in Iceland:
City in United States:
Indices DifferenceInfo
Consumer Prices in United States are 14.7% lower than in Iceland (without rent)
Consumer Prices Including Rent in United States are 7.7% lower than in Iceland
Rent Prices in United States are 8.6% higher than in Iceland
Restaurant Prices in United States are 22.3% lower than in Iceland
Groceries Prices in United States are 15.0% lower than in Iceland
Local Purchasing Power in United States is 18.2% higher than in Iceland
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Iceland Edit United States Edit Difference
Meal, Inexpensive Restaurant 3,000.00 kr
(21.60 $)
2,777.40 kr
(20.00 $)
     -7.4 %
Meal for 2 People, Mid-range Restaurant, Three-course 16,332.20 kr
(117.61 $)
10,415.25 kr
(75.00 $)
     -36.2 %
McMeal at McDonalds (or Equivalent Combo Meal) 2,200.00 kr
(15.84 $)
1,458.13 kr
(10.50 $)
     -33.7 %
Domestic Beer (1 pint draught) 1,400.00 kr
(10.08 $)
833.22 kr
(6.00 $)
     -40.5 %
Imported Beer (12 oz small bottle) 1,200.00 kr
(8.64 $)
972.09 kr
(7.00 $)
     -19.0 %
Cappuccino (regular) 672.41 kr
(4.84 $)
707.26 kr
(5.09 $)
     +5.2 %
Coke/Pepsi (12 oz small bottle) 395.18 kr
(2.85 $)
344.03 kr
(2.48 $)
     -12.9 %
Water (12 oz small bottle) 284.15 kr
(2.05 $)
284.21 kr
(2.05 $)
     +0.0 %
Markets
Iceland Edit United States Edit
Milk (regular), (1 gallon) 844.06 kr
(6.08 $)
557.28 kr
(4.01 $)
     -34.0 %
Loaf of Fresh White Bread (1 lb) 434.35 kr
(3.13 $)
449.05 kr
(3.23 $)
     +3.4 %
Rice (white), (1 lb) 196.15 kr
(1.41 $)
287.08 kr
(2.07 $)
     +46.4 %
Eggs (regular) (12) 799.50 kr
(5.76 $)
518.33 kr
(3.73 $)
     -35.2 %
Local Cheese (1 lb) 922.77 kr
(6.64 $)
809.63 kr
(5.83 $)
     -12.3 %
Chicken Fillets (1 lb) 1,168.13 kr
(8.41 $)
766.66 kr
(5.52 $)
     -34.4 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 1,944.17 kr
(14.00 $)
1,007.71 kr
(7.26 $)
     -48.2 %
Apples (1 lb) 196.56 kr
(1.42 $)
334.62 kr
(2.41 $)
     +70.2 %
Banana (1 lb) 137.35 kr
(0.99 $)
105.69 kr
(0.76 $)
     -23.1 %
Oranges (1 lb) 172.20 kr
(1.24 $)
283.20 kr
(2.04 $)
     +64.5 %
Tomato (1 lb) 289.79 kr
(2.09 $)
309.00 kr
(2.23 $)
     +6.6 %
Potato (1 lb) 188.35 kr
(1.36 $)
190.18 kr
(1.37 $)
     +1.0 %
Onion (1 lb) 117.77 kr
(0.85 $)
191.49 kr
(1.38 $)
     +62.6 %
Lettuce (1 head) 433.05 kr
(3.12 $)
299.34 kr
(2.16 $)
     -30.9 %
Water (1.5 liter bottle) 315.88 kr
(2.27 $)
302.94 kr
(2.18 $)
     -4.1 %
Bottle of Wine (Mid-Range) 2,800.00 kr
(20.16 $)
2,083.05 kr
(15.00 $)
     -25.6 %
Domestic Beer (0.5 liter bottle) 438.66 kr
(3.16 $)
243.96 kr
(1.76 $)
     -44.4 %
Imported Beer (12 oz small bottle) 370.42 kr
(2.67 $)
492.32 kr
(3.55 $)
     +32.9 %
Cigarettes 20 Pack (Marlboro) 1,600.00 kr
(11.52 $)
1,388.70 kr
(10.00 $)
     -13.2 %
Transportation
Iceland Edit United States Edit
One-way Ticket (Local Transport) 570.00 kr
(4.10 $)
347.17 kr
(2.50 $)
     -39.1 %
Monthly Pass (Regular Price) 9,300.00 kr
(66.97 $)
9,998.64 kr
(72.00 $)
     +7.5 %
Taxi Start (Normal Tariff) 730.00 kr
(5.26 $)
520.76 kr
(3.75 $)
     -28.7 %
Taxi 1 mile (Normal Tariff) 521.43 kr
(3.75 $)
388.84 kr
(2.80 $)
     -25.4 %
Taxi 1hour Waiting (Normal Tariff) 9,360.00 kr
(67.40 $)
4,166.10 kr
(30.00 $)
     -55.5 %
Gasoline (1 gallon) 1,176.11 kr
(8.47 $)
507.14 kr
(3.65 $)
     -56.9 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 5,195,000.00 kr
(37,409.09 $)
4,582,710.00 kr
(33,000.00 $)
     -11.8 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 5,855,642.86 kr
(42,166.36 $)
3,619,525.70 kr
(26,064.13 $)
     -38.2 %
Utilities (Monthly)
Iceland Edit United States Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 14,661.89 kr
(105.58 $)
28,633.72 kr
(206.19 $)
     +95.3 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 3,320.53 kr
(23.91 $)
7,203.11 kr
(51.87 $)
     +116.9 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 9,611.38 kr
(69.21 $)
9,861.47 kr
(71.01 $)
     +2.6 %
Sports And Leisure
Iceland Edit United States Edit
Fitness Club, Monthly Fee for 1 Adult 8,658.24 kr
(62.35 $)
6,651.47 kr
(47.90 $)
     -23.2 %
Tennis Court Rent (1 Hour on Weekend) 4,248.33 kr
(30.59 $)
3,152.42 kr
(22.70 $)
     -25.8 %
Cinema, International Release, 1 Seat 2,000.00 kr
(14.40 $)
1,944.18 kr
(14.00 $)
     -2.8 %
Childcare
Iceland Edit United States Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 36,101.06 kr
(259.96 $)
191,785.54 kr
(1,381.04 $)
     +431.2 %
International Primary School, Yearly for 1 Child 776,250.00 kr
(5,589.76 $)
3,199,390.28 kr
(23,038.74 $)
     +312.2 %
Clothing And Shoes
Iceland Edit United States Edit
1 Pair of Jeans (Levis 501 Or Similar) 16,136.85 kr
(116.20 $)
7,286.96 kr
(52.47 $)
     -54.8 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 7,164.00 kr
(51.59 $)
6,057.30 kr
(43.62 $)
     -15.4 %
1 Pair of Nike Running Shoes (Mid-Range) 20,806.25 kr
(149.83 $)
12,327.04 kr
(88.77 $)
     -40.8 %
1 Pair of Men Leather Business Shoes 24,863.91 kr
(179.04 $)
15,970.66 kr
(115.00 $)
     -35.8 %
Rent Per Month
Iceland Edit United States Edit
Apartment (1 bedroom) in City Centre 237,754.38 kr
(1,712.06 $)
246,140.02 kr
(1,772.45 $)
     +3.5 %
Apartment (1 bedroom) Outside of Centre 214,527.47 kr
(1,544.81 $)
202,340.67 kr
(1,457.05 $)
     -5.7 %
Apartment (3 bedrooms) in City Centre 341,073.17 kr
(2,456.06 $)
412,136.76 kr
(2,967.79 $)
     +20.8 %
Apartment (3 bedrooms) Outside of Centre 307,108.11 kr
(2,211.48 $)
334,702.04 kr
(2,410.18 $)
     +9.0 %
Buy Apartment Price
Iceland Edit United States Edit
Price per Square Feet to Buy Apartment in City Centre 74,690.22 kr
(537.84 $)
45,385.92 kr
(326.82 $)
     -39.2 %
Price per Square Feet to Buy Apartment Outside of Centre 59,719.55 kr
(430.04 $)
36,083.22 kr
(259.83 $)
     -39.6 %
Salaries And Financing
Iceland Edit United States Edit
Average Monthly Net Salary (After Tax) 580,344.79 kr
(4,179.05 $)
632,965.15 kr
(4,557.97 $)
     +9.1 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 7.37 6.56      -11.0 %
Last update: March 2024March 2024
Contributors in the past 12 months:18710679