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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 41.71% higher than in United States
Consumer Prices Including Rent in Iceland are 30.55% higher than in United States
Rent Prices in Iceland are 6.03% higher than in United States
Restaurant Prices in Iceland are 56.68% higher than in United States
Groceries Prices in Iceland are 36.44% higher than in United States
Local Purchasing Power in Iceland is 48.50% lower than in United States

Currency: Default Currency      Switch to imperial measurement units
  United States  Iceland      Difference
Restaurants [Edit] [Edit]
Meal, Inexpensive Restaurant 10.00 $     13.31 $      +33.06 %
Meal for 2, Mid-range Restaurant, Three-course 45.00 $     86.86 $      +93.01 %
Combo Meal at McDonalds or Similar 6.50 $     11.58 $      +78.17 %
Domestic Beer (0.5 liter draught) 3.50 $     7.44 $      +112.71 %
Imported Beer (0.33 liter bottle) 5.00 $     6.62 $      +32.35 %
Cappuccino (regular) 3.68 $     3.83 $      +4.14 %
Coke/Pepsi (0.33 liter bottle) 1.62 $     2.24 $      +38.51 %
Water (0.33 liter bottle) 1.29 $     1.89 $      +46.44 %
 
Markets [Edit] [Edit]
Milk (regular), (1 liter) 1.01 $     1.09 $      +7.70 %
Loaf of Fresh White Bread (500g) 2.43 $     1.95 $      -19.87 %
Rice (white), (1kg) 3.04 $     2.84 $      -6.58 %
Eggs (12) 2.32 $     4.38 $      +88.97 %
Local Cheese (1kg) 9.52 $     12.91 $      +35.57 %
Chicken Breasts (Boneless, Skinless), (1kg) 7.82 $     19.51 $      +149.67 %
Apples (1kg) 3.82 $     3.14 $      -17.75 %
Oranges (1kg) 3.76 $     2.38 $      -36.72 %
Tomato (1kg) 3.84 $     4.05 $      +5.25 %
Potato (1kg) 2.40 $     1.89 $      -21.35 %
Lettuce (1 head) 1.57 $     2.83 $      +80.11 %
Water (1.5 liter bottle) 1.77 $     2.06 $      +16.23 %
Bottle of Wine (Mid-Range) 12.00 $     16.96 $      +41.31 %
Domestic Beer (0.5 liter bottle) 2.31 $     2.90 $      +25.84 %
Imported Beer (0.33 liter bottle) 3.31 $     2.60 $      -21.34 %
Pack of Cigarettes (Marlboro) 6.00 $     9.93 $      +65.44 %
 
Transportation [Edit] [Edit]
One-way Ticket (Local Transport) 2.00 $     2.90 $      +44.76 %
Monthly Pass (Regular Price) 69.00 $     76.93 $      +11.49 %
Taxi Start (Normal Tariff) 3.00 $     5.46 $      +81.98 %
Taxi 1km (Normal Tariff) 1.55 $     2.28 $      +46.97 %
Taxi 1hour Waiting (Normal Tariff) 30.00 $     55.21 $      +84.02 %
Gasoline (1 liter) 0.96 $     2.08 $      +116.96 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 21,000.00 $     29,282.84 $      +39.44 %
 
Utilities (Monthly) [Edit] [Edit]
Basic (Electricity, Heating, Water, Garbage) for 85m2 Apartment 160.34 $     123.94 $      -22.70 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.16 $     0.15 $      -7.48 %
Internet (6 Mbps, Unlimited Data, Cable/ADSL) 47.08 $     63.96 $      +35.85 %
 
Sports And Leisure [Edit] [Edit]
Fitness Club, Monthly Fee for 1 Adult 39.51 $     57.74 $      +46.15 %
Tennis Court Rent (1 Hour on Weekend) 17.83 $     33.09 $      +85.59 %
Cinema, International Release, 1 Seat 10.00 $     10.55 $      +5.47 %
 
Clothing And Shoes [Edit] [Edit]
1 Pair of Jeans (Levis 501 Or Similar) 41.15 $     156.84 $      +281.17 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 35.97 $     88.23 $      +145.32 %
1 Pair of Nike Shoes 77.23 $     172.05 $      +122.78 %
1 Pair of Men Leather Shoes 84.68 $     217.13 $      +156.43 %
 
Rent Per Month [Edit] [Edit]
Apartment (1 bedroom) in City Centre 1,028.05 $     1,173.17 $      +14.12 %
Apartment (1 bedroom) Outside of Centre 773.26 $     862.09 $      +11.49 %
Apartment (3 bedrooms) in City Centre 1,737.93 $     1,726.09 $      -0.68 %
Apartment (3 bedrooms) Outside of Centre 1,308.25 $     1,378.66 $      +5.38 %
 
Buy Apartment Price [Edit] [Edit]
Price per Square Meter to Buy Apartment in City Centre 1,899.06 $     2,862.79 $      +50.75 %
Price per Square Meter to Buy Apartment Outside of Centre 1,257.03 $     2,209.42 $      +75.77 %
 
Salaries And Financing [Edit] [Edit]
Average Monthly Disposable Salary (After Tax) 3,301.41 $     2,219.70 $      -32.77 %
Mortgage Interest Rate in Percentages (%), Yearly 4.21     7.26      +72.61 %
 
Last updateOctober, 2014October, 2014
Contributors (past 18 months)9298148
Currency: USD