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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 26.54% higher than in United States
Consumer Prices Including Rent in Iceland are 14.99% higher than in United States
Rent Prices in Iceland are 11.11% lower than in United States
Restaurant Prices in Iceland are 56.59% higher than in United States
Groceries Prices in Iceland are 13.06% higher than in United States
Local Purchasing Power in Iceland is 32.50% 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 $     14.05 $      +40.55 %
Meal for 2, Mid-range Restaurant, Three-course 45.00 $     88.77 $      +97.26 %
McMeal at McDonalds (or Equivalent Combo Meal) 6.50 $     11.10 $      +70.71 %
Domestic Beer (0.5 liter draught) 3.50 $     7.32 $      +109.24 %
Imported Beer (0.33 liter bottle) 5.00 $     5.92 $      +18.36 %
Cappuccino (regular) 3.71 $     3.56 $      -3.85 %
Coke/Pepsi (0.33 liter bottle) 1.64 $     1.96 $      +19.41 %
Water (0.33 liter bottle) 1.30 $     1.65 $      +27.13 %
 
Markets [Edit] [Edit]
Milk (regular), (1 liter) 1.01 $     0.97 $      -4.04 %
Loaf of Fresh White Bread (500g) 2.45 $     2.02 $      -17.53 %
Rice (white), (1kg) 3.12 $     2.90 $      -6.98 %
Eggs (12) 2.38 $     4.13 $      +73.50 %
Local Cheese (1kg) 9.57 $     11.97 $      +25.14 %
Chicken Breasts (Boneless, Skinless), (1kg) 8.06 $     16.19 $      +100.91 %
Apples (1kg) 3.84 $     2.52 $      -34.39 %
Oranges (1kg) 3.82 $     2.23 $      -41.62 %
Tomato (1kg) 3.91 $     3.11 $      -20.40 %
Potato (1kg) 2.47 $     1.51 $      -38.97 %
Lettuce (1 head) 1.60 $     2.47 $      +53.94 %
Water (1.5 liter bottle) 1.79 $     1.73 $      -3.11 %
Bottle of Wine (Mid-Range) 12.00 $     17.01 $      +41.78 %
Domestic Beer (0.5 liter bottle) 1.73 $     2.48 $      +43.22 %
Imported Beer (0.33 liter bottle) 2.22 $     2.42 $      +9.23 %
Pack of Cigarettes (Marlboro) 6.00 $     8.88 $      +47.95 %
 
Transportation [Edit] [Edit]
One-way Ticket (Local Transport) 2.00 $     2.59 $      +29.45 %
Monthly Pass (Regular Price) 64.00 $     68.79 $      +7.49 %
Taxi Start (Normal Tariff) 3.00 $     4.88 $      +62.74 %
Taxi 1km (Normal Tariff) 1.55 $     1.89 $      +21.65 %
Taxi 1hour Waiting (Normal Tariff) 30.00 $     49.37 $      +64.56 %
Gasoline (1 liter) 0.78 $     1.68 $      +115.41 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 21,000.00 $     25,890.47 $      +23.29 %
 
Utilities (Monthly) [Edit] [Edit]
Basic (Electricity, Heating, Water, Garbage) for 85m2 Apartment 158.42 $     112.91 $      -28.73 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.15 $     0.13 $      -12.53 %
Internet (6 Mbps, Unlimited Data, Cable/ADSL) 46.92 $     52.41 $      +11.68 %
 
Sports And Leisure [Edit] [Edit]
Fitness Club, Monthly Fee for 1 Adult 37.87 $     58.93 $      +55.62 %
Tennis Court Rent (1 Hour on Weekend) 18.34 $     29.79 $      +62.43 %
Cinema, International Release, 1 Seat 10.00 $     9.62 $      -3.84 %
 
Clothing And Shoes [Edit] [Edit]
1 Pair of Jeans (Levis 501 Or Similar) 40.65 $     132.78 $      +226.62 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 35.65 $     81.67 $      +129.09 %
1 Pair of Nike Running Shoes 77.39 $     141.87 $      +83.31 %
1 Pair of Men Leather Shoes 84.85 $     181.71 $      +114.16 %
 
Rent Per Month [Edit] [Edit]
Apartment (1 bedroom) in City Centre 949.06 $     902.34 $      -4.92 %
Apartment (1 bedroom) Outside of Centre 754.48 $     659.91 $      -12.53 %
Apartment (3 bedrooms) in City Centre 1,653.74 $     1,398.86 $      -15.41 %
Apartment (3 bedrooms) Outside of Centre 1,263.01 $     1,168.29 $      -7.50 %
 
Buy Apartment Price [Edit] [Edit]
Price per Square Meter to Buy Apartment in City Centre 1,975.97 $     2,554.01 $      +29.25 %
Price per Square Meter to Buy Apartment Outside of Centre 1,305.57 $     1,906.08 $      +46.00 %
 
Salaries And Financing [Edit] [Edit]
Average Monthly Disposable Salary (After Tax) 2,634.75 $     2,045.08 $      -22.38 %
Mortgage Interest Rate in Percentages (%), Yearly 4.20     6.73      +60.42 %
 
Last updateApril, 2015April, 2015
Contributors:9359132
Data from past:18 months18 months
Currency: USD