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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 26.57% higher than in United States
Consumer Prices Including Rent in Iceland are 15.64% higher than in United States
Rent Prices in Iceland are 8.79% lower than in United States
Restaurant Prices in Iceland are 55.79% higher than in United States
Groceries Prices in Iceland are 12.37% higher than in United States
Local Purchasing Power in Iceland is 30.24% lower than in United States

Currency: Sticky Currency      Switch to metric measurement units
  United States  Iceland      Difference
Restaurants [Edit] [Edit]
Meal, Inexpensive Restaurant 11.00 $
(1,475.65 kr)
    14.91 $
(2,000.00 kr)
     +35.53 %
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) 6.60 $
(885.39 kr)
    11.18 $
(1,500.00 kr)
     +69.42 %
Domestic Beer (0.5 liter draught) 3.50 $
(469.52 kr)
    7.45 $
(1,000.00 kr)
     +112.98 %
Imported Beer (0.33 liter bottle) 5.00 $
(670.75 kr)
    5.96 $
(800.00 kr)
     +19.27 %
Cappuccino (regular) 3.72 $
(499.25 kr)
    3.68 $
(493.89 kr)
     -1.07 %
Coke/Pepsi (0.33 liter bottle) 1.65 $
(221.24 kr)
    2.00 $
(268.18 kr)
     +21.22 %
Water (0.33 liter bottle) 1.33 $
(178.82 kr)
    1.54 $
(207.17 kr)
     +15.85 %
 
Markets [Edit] [Edit]
Milk (regular), (1 gallon) 3.78 $
(506.44 kr)
    4.07 $
(546.21 kr)
     +7.85 %
Loaf of Fresh White Bread (1 lb) 2.26 $
(302.92 kr)
    2.00 $
(268.69 kr)
     -11.30 %
Rice (white), (1 lb) 1.49 $
(200.02 kr)
    1.28 $
(171.91 kr)
     -14.05 %
Eggs (12) 2.45 $
(329.04 kr)
    4.10 $
(549.57 kr)
     +67.02 %
Local Cheese (1 lb) 4.46 $
(597.71 kr)
    5.43 $
(728.80 kr)
     +21.93 %
Chicken Breasts (Boneless, Skinless), (1 lb) 3.80 $
(509.51 kr)
    7.42 $
(995.50 kr)
     +95.39 %
Apples (1 lb) 1.82 $
(243.90 kr)
    1.15 $
(154.15 kr)
     -36.80 %
Oranges (1 lb) 1.81 $
(242.19 kr)
    1.05 $
(140.24 kr)
     -42.09 %
Tomato (1 lb) 1.78 $
(239.39 kr)
    1.40 $
(188.11 kr)
     -21.42 %
Potato (1 lb) 1.17 $
(157.48 kr)
    0.74 $
(99.14 kr)
     -37.05 %
Lettuce (1 head) 1.58 $
(211.60 kr)
    2.45 $
(328.27 kr)
     +55.14 %
Water (1.5 liter bottle) 1.77 $
(237.06 kr)
    1.76 $
(235.96 kr)
     -0.46 %
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) 1.73 $
(232.60 kr)
    2.56 $
(343.04 kr)
     +47.48 %
Imported Beer (0.33 liter bottle) 2.33 $
(312.69 kr)
    2.50 $
(336.00 kr)
     +7.45 %
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)
    2.98 $
(400.00 kr)
     +49.09 %
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)
    3.00 $
(402.34 kr)
     +19.97 %
Taxi 1hour Waiting (Normal Tariff) 30.00 $
(4,024.50 kr)
    49.75 $
(6,674.00 kr)
     +65.83 %
Gasoline (1 gallon) 2.89 $
(387.29 kr)
    6.26 $
(839.70 kr)
     +116.81 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 21,000.00 $
(2,817,147.90 kr)
    25,568.41 $
(3,430,000.00 kr)
     +21.75 %
 
Utilities (Monthly) [Edit] [Edit]
Basic (Electricity, Heating, Water, Garbage) for 915 sq ft Apartment 159.21 $
(21,358.06 kr)
    115.24 $
(15,459.49 kr)
     -27.62 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.16 $
(21.55 kr)
    0.13 $
(17.95 kr)
     -16.71 %
Internet (10 Mbps, Unlimited Data, Cable/ADSL) 47.60 $
(6,385.32 kr)
    54.73 $
(7,342.47 kr)
     +14.99 %
 
Sports And Leisure [Edit] [Edit]
Fitness Club, Monthly Fee for 1 Adult 37.53 $
(5,034.90 kr)
    58.54 $
(7,853.75 kr)
     +55.99 %
Tennis Court Rent (1 Hour on Weekend) 18.62 $
(2,498.32 kr)
    28.48 $
(3,820.56 kr)
     +52.92 %
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) 41.01 $
(5,501.46 kr)
    138.27 $
(18,549.50 kr)
     +237.17 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 35.51 $
(4,764.11 kr)
    79.52 $
(10,667.71 kr)
     +123.92 %
1 Pair of Nike Running Shoes (Mid-Range) 77.28 $
(10,367.49 kr)
    148.01 $
(19,855.03 kr)
     +91.51 %
1 Pair of Men Leather Business Shoes 86.74 $
(11,636.33 kr)
    189.61 $
(25,436.18 kr)
     +118.59 %
 
Rent Per Month [Edit] [Edit]
Apartment (1 bedroom) in City Centre 987.30 $
(132,445.99 kr)
    946.49 $
(126,971.26 kr)
     -4.13 %
Apartment (1 bedroom) Outside of Centre 772.65 $
(103,650.57 kr)
    711.69 $
(95,473.62 kr)
     -7.89 %
Apartment (3 bedrooms) in City Centre 1,698.03 $
(227,790.55 kr)
    1,477.68 $
(198,230.80 kr)
     -12.98 %
Apartment (3 bedrooms) Outside of Centre 1,311.30 $
(175,910.66 kr)
    1,214.26 $
(162,892.67 kr)
     -7.40 %
 
Buy Apartment Price [Edit] [Edit]
Price per Square Feet to Buy Apartment in City Centre 207.57 $
(27,846.01 kr)
    240.13 $
(32,213.96 kr)
     +15.69 %
Price per Square Feet to Buy Apartment Outside of Centre 132.29 $
(17,747.31 kr)
    176.94 $
(23,736.10 kr)
     +33.74 %
 
Salaries And Financing [Edit] [Edit]
Average Monthly Disposable Salary (After Tax) 2,660.13 $
(356,856.64 kr)
    2,145.90 $
(287,872.39 kr)
     -19.33 %
Mortgage Interest Rate in Percentages (%), Yearly 4.20     6.81      +62.17 %
 
Last updateAugust, 2015August, 2015
Contributors:10597156
Data from past:18 months18 months
Currency: USD