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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 26.94% higher than in United States
Consumer Prices Including Rent in Iceland are 18.05% higher than in United States
Rent Prices in Iceland are 2.04% lower than in United States
Restaurant Prices in Iceland are 51.43% higher than in United States
Groceries Prices in Iceland are 16.23% higher than in United States
Local Purchasing Power in Iceland is 41.71% lower than in United States

Currency: Default Currency      Switch to US measurement units
  United States  Iceland      Difference
Restaurants [Edit] [Edit]
Meal, Inexpensive Restaurant 10.00 $     13.52 $      +35.16 %
Meal for 2, Mid-range Restaurant, Three-course 45.00 $     82.60 $      +83.55 %
McMeal at McDonalds (or Equivalent Combo Meal) 6.50 $     11.26 $      +73.28 %
Domestic Beer (0.5 liter draught) 3.50 $     7.13 $      +103.84 %
Imported Beer (0.33 liter bottle) 5.00 $     6.01 $      +20.14 %
Cappuccino (regular) 3.69 $     3.58 $      -2.92 %
Coke/Pepsi (0.33 liter bottle) 1.63 $     2.01 $      +23.29 %
Water (0.33 liter bottle) 1.29 $     1.69 $      +30.94 %
 
Markets [Edit] [Edit]
Milk (regular), (1 liter) 1.01 $     0.99 $      -2.32 %
Loaf of Fresh White Bread (500g) 2.45 $     2.04 $      -16.71 %
Rice (white), (1kg) 3.08 $     2.73 $      -11.26 %
Eggs (12) 2.35 $     3.92 $      +66.59 %
Local Cheese (1kg) 9.61 $     12.06 $      +25.57 %
Chicken Breasts (Boneless, Skinless), (1kg) 8.03 $     17.23 $      +114.65 %
Apples (1kg) 3.83 $     2.73 $      -28.85 %
Oranges (1kg) 3.82 $     2.21 $      -42.01 %
Tomato (1kg) 3.89 $     3.48 $      -10.56 %
Potato (1kg) 2.45 $     1.61 $      -34.47 %
Lettuce (1 head) 1.60 $     2.46 $      +54.26 %
Water (1.5 liter bottle) 1.79 $     1.76 $      -1.52 %
Bottle of Wine (Mid-Range) 12.00 $     16.37 $      +36.44 %
Domestic Beer (0.5 liter bottle) 2.33 $     2.50 $      +7.21 %
Imported Beer (0.33 liter bottle) 3.36 $     2.44 $      -27.35 %
Pack of Cigarettes (Marlboro) 6.00 $     9.20 $      +53.31 %
 
Transportation [Edit] [Edit]
One-way Ticket (Local Transport) 2.00 $     2.63 $      +31.41 %
Monthly Pass (Regular Price) 64.00 $     69.83 $      +9.11 %
Taxi Start (Normal Tariff) 3.00 $     4.96 $      +65.20 %
Taxi 1km (Normal Tariff) 1.55 $     1.91 $      +23.25 %
Taxi 1hour Waiting (Normal Tariff) 30.00 $     50.11 $      +67.05 %
Gasoline (1 liter) 0.93 $     1.82 $      +96.94 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 21,000.00 $     26,424.48 $      +25.83 %
 
Utilities (Monthly) [Edit] [Edit]
Basic (Electricity, Heating, Water, Garbage) for 85m2 Apartment 157.64 $     112.29 $      -28.77 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.15 $     0.13 $      -12.02 %
Internet (6 Mbps, Unlimited Data, Cable/ADSL) 46.87 $     54.45 $      +16.17 %
 
Sports And Leisure [Edit] [Edit]
Fitness Club, Monthly Fee for 1 Adult 38.58 $     56.60 $      +46.73 %
Tennis Court Rent (1 Hour on Weekend) 18.27 $     27.96 $      +53.06 %
Cinema, International Release, 1 Seat 10.00 $     9.76 $      -2.38 %
 
Clothing And Shoes [Edit] [Edit]
1 Pair of Jeans (Levis 501 Or Similar) 40.76 $     134.45 $      +229.87 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 35.67 $     81.02 $      +127.15 %
1 Pair of Nike Shoes 77.58 $     145.95 $      +88.14 %
1 Pair of Men Leather Shoes 84.82 $     187.80 $      +121.43 %
 
Rent Per Month [Edit] [Edit]
Apartment (1 bedroom) in City Centre 952.98 $     993.79 $      +4.28 %
Apartment (1 bedroom) Outside of Centre 749.66 $     745.30 $      -0.58 %
Apartment (3 bedrooms) in City Centre 1,652.19 $     1,542.14 $      -6.66 %
Apartment (3 bedrooms) Outside of Centre 1,259.31 $     1,238.57 $      -1.65 %
 
Buy Apartment Price [Edit] [Edit]
Price per Square Meter to Buy Apartment in City Centre 1,923.15 $     2,599.07 $      +35.15 %
Price per Square Meter to Buy Apartment Outside of Centre 1,287.01 $     1,935.45 $      +50.38 %
 
Salaries And Financing [Edit] [Edit]
Average Monthly Disposable Salary (After Tax) 2,993.57 $     2,060.07 $      -31.18 %
Mortgage Interest Rate in Percentages (%), Yearly 4.23     6.85      +62.22 %
 
Last updateJanuary, 2015January, 2015
Contributors:8916124
Data from past:18 months18 months
Currency: USD