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Cost of Living Comparison Between United States and Iceland Reverse

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Indices DifferenceInfo
Consumer Prices in Iceland are 27.90% higher than in United States
Consumer Prices Including Rent in Iceland are 15.58% higher than in United States
Rent Prices in Iceland are 11.76% lower than in United States
Restaurant Prices in Iceland are 58.35% higher than in United States
Groceries Prices in Iceland are 14.14% higher than in United States
Local Purchasing Power in Iceland is 31.87% lower than in United States

Currency: Sticky Currency      Switch to metric measurement units
  United States  Iceland      Difference
Restaurants [Edit] [Edit]
Meal, Inexpensive Restaurant 10.00 $
(1,341.50 kr)
    14.16 $
(1,900.00 kr)
     +41.63 %
Meal for 2, Mid-range Restaurant, Three-course 45.00 $
(6,036.75 kr)
    89.45 $
(12,000.00 kr)
     +98.78 %
McMeal at McDonalds (or Equivalent Combo Meal) 6.50 $
(871.97 kr)
    11.18 $
(1,500.00 kr)
     +72.02 %
Domestic Beer (0.5 liter draught) 3.50 $
(469.52 kr)
    7.23 $
(969.45 kr)
     +106.47 %
Imported Beer (0.33 liter bottle) 5.00 $
(670.75 kr)
    5.96 $
(800.00 kr)
     +19.27 %
Cappuccino (regular) 3.72 $
(498.37 kr)
    3.60 $
(483.43 kr)
     -3.00 %
Coke/Pepsi (0.33 liter bottle) 1.64 $
(220.04 kr)
    1.97 $
(263.63 kr)
     +19.81 %
Water (0.33 liter bottle) 1.32 $
(176.91 kr)
    1.60 $
(214.14 kr)
     +21.05 %
 
Markets [Edit] [Edit]
Milk (regular), (1 gallon) 3.86 $
(517.32 kr)
    3.69 $
(495.02 kr)
     -4.31 %
Loaf of Fresh White Bread (1 lb) 2.24 $
(300.48 kr)
    1.90 $
(254.29 kr)
     -15.37 %
Rice (white), (1 lb) 1.43 $
(191.16 kr)
    1.32 $
(177.73 kr)
     -7.03 %
Eggs (12) 2.40 $
(322.29 kr)
    4.25 $
(569.65 kr)
     +76.75 %
Local Cheese (1 lb) 4.38 $
(587.89 kr)
    5.53 $
(741.46 kr)
     +26.12 %
Chicken Breasts (Boneless, Skinless), (1 lb) 3.71 $
(497.67 kr)
    7.39 $
(991.78 kr)
     +99.28 %
Apples (1 lb) 1.76 $
(236.55 kr)
    1.15 $
(154.32 kr)
     -34.76 %
Oranges (1 lb) 1.76 $
(235.50 kr)
    1.02 $
(137.28 kr)
     -41.71 %
Tomato (1 lb) 1.78 $
(238.64 kr)
    1.45 $
(194.77 kr)
     -18.39 %
Potato (1 lb) 1.15 $
(154.87 kr)
    0.70 $
(94.12 kr)
     -39.22 %
Lettuce (1 head) 1.59 $
(212.76 kr)
    2.45 $
(328.21 kr)
     +54.27 %
Water (1.5 liter bottle) 1.78 $
(238.93 kr)
    1.77 $
(237.07 kr)
     -0.78 %
Bottle of Wine (Mid-Range) 12.00 $
(1,609.80 kr)
    17.14 $
(2,300.00 kr)
     +42.87 %
Domestic Beer (0.5 liter bottle) 1.68 $
(225.42 kr)
    2.50 $
(335.96 kr)
     +49.04 %
Imported Beer (0.33 liter bottle) 2.18 $
(291.95 kr)
    2.44 $
(327.64 kr)
     +12.22 %
Pack of Cigarettes (Marlboro) 6.00 $
(804.90 kr)
    8.95 $
(1,200.00 kr)
     +49.09 %
 
Transportation [Edit] [Edit]
One-way Ticket (Local Transport) 2.00 $
(268.30 kr)
    2.61 $
(350.00 kr)
     +30.45 %
Monthly Pass (Regular Price) 64.00 $
(8,585.59 kr)
    69.33 $
(9,300.00 kr)
     +8.32 %
Taxi Start (Normal Tariff) 3.00 $
(402.45 kr)
    4.92 $
(660.00 kr)
     +64.00 %
Taxi 1 mile (Normal Tariff) 2.50 $
(335.37 kr)
    3.06 $
(410.85 kr)
     +22.51 %
Taxi 1hour Waiting (Normal Tariff) 30.00 $
(4,024.50 kr)
    49.75 $
(6,674.00 kr)
     +65.83 %
Gasoline (1 gallon) 2.93 $
(393.67 kr)
    6.37 $
(854.12 kr)
     +116.96 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 21,000.00 $
(2,817,147.90 kr)
    26,090.22 $
(3,500,000.00 kr)
     +24.24 %
 
Utilities (Monthly) [Edit] [Edit]
Basic (Electricity, Heating, Water, Garbage) for 915 sq ft Apartment 158.85 $
(21,310.27 kr)
    114.33 $
(15,337.92 kr)
     -28.03 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.16 $
(20.98 kr)
    0.13 $
(17.68 kr)
     -15.74 %
Internet (6 Mbps, Unlimited Data, Cable/ADSL) 46.99 $
(6,303.17 kr)
    53.24 $
(7,142.42 kr)
     +13.31 %
 
Sports And Leisure [Edit] [Edit]
Fitness Club, Monthly Fee for 1 Adult 37.97 $
(5,093.30 kr)
    61.28 $
(8,220.28 kr)
     +61.39 %
Tennis Court Rent (1 Hour on Weekend) 18.57 $
(2,491.42 kr)
    30.01 $
(4,025.83 kr)
     +61.59 %
Cinema, International Release, 1 Seat 10.00 $
(1,341.50 kr)
    9.69 $
(1,300.00 kr)
     -3.09 %
 
Clothing And Shoes [Edit] [Edit]
1 Pair of Jeans (Levis 501 Or Similar) 40.67 $
(5,455.53 kr)
    133.28 $
(17,879.03 kr)
     +227.72 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 35.91 $
(4,817.14 kr)
    82.23 $
(11,031.59 kr)
     +129.01 %
1 Pair of Nike Running Shoes (Mid-Range) 77.66 $
(10,418.46 kr)
    142.76 $
(19,151.17 kr)
     +83.82 %
1 Pair of Men Leather Business Shoes 85.28 $
(11,440.45 kr)
    183.63 $
(24,634.48 kr)
     +115.33 %
 
Rent Per Month [Edit] [Edit]
Apartment (1 bedroom) in City Centre 977.26 $
(131,099.10 kr)
    892.34 $
(119,706.70 kr)
     -8.69 %
Apartment (1 bedroom) Outside of Centre 766.48 $
(102,823.84 kr)
    662.03 $
(88,810.74 kr)
     -13.63 %
Apartment (3 bedrooms) in City Centre 1,693.91 $
(227,238.34 kr)
    1,435.70 $
(192,599.27 kr)
     -15.24 %
Apartment (3 bedrooms) Outside of Centre 1,298.63 $
(174,211.31 kr)
    1,189.19 $
(159,530.04 kr)
     -8.43 %
 
Buy Apartment Price [Edit] [Edit]
Price per Square Feet to Buy Apartment in City Centre 204.89 $
(27,485.55 kr)
    239.07 $
(32,070.68 kr)
     +16.68 %
Price per Square Feet to Buy Apartment Outside of Centre 134.06 $
(17,984.52 kr)
    176.60 $
(23,690.31 kr)
     +31.73 %
 
Salaries And Financing [Edit] [Edit]
Average Monthly Disposable Salary (After Tax) 2,650.75 $
(355,598.24 kr)
    2,087.29 $
(280,009.51 kr)
     -21.26 %
Mortgage Interest Rate in Percentages (%), Yearly 4.20     6.70      +59.58 %
 
Last updateMay, 2015May, 2015
Contributors:9748136
Data from past:18 months18 months
Currency: USD