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Cost of Living Comparison Between United States and Iceland 

For major cities in those countries you could get probably more relevant data by specifying cities itself.

First city:
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Second city:
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Indices DifferenceInfo
Consumer Prices in Iceland are 49.82% higher than in United States
Consumer Prices Including Rent in Iceland are 39.71% higher than in United States
Rent Prices in Iceland are 17.29% higher than in United States
Restaurant Prices in Iceland are 62.95% higher than in United States
Groceries Prices in Iceland are 46.22% higher than in United States
Local Purchasing Power in Iceland is 49.01% 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 $     13.97 $      +39.74 %
Meal for 2, Mid-range Restaurant, Three-course 45.00 $     89.01 $      +97.79 %
Combo Meal at McDonalds or Similar 6.25 $     11.57 $      +85.14 %
Domestic Beer (0.5 liter draught) 3.50 $     7.93 $      +126.45 %
Imported Beer (0.33 liter bottle) 5.00 $     6.68 $      +33.51 %
Cappuccino (regular) 3.64 $     3.95 $      +8.45 %
Coke/Pepsi (0.33 liter bottle) 1.58 $     2.32 $      +46.28 %
Water (0.33 liter bottle) 1.27 $     1.99 $      +56.42 %
 
Markets [Edit] [Edit]
Milk (regular), (1 liter) 0.99 $     1.16 $      +16.59 %
Loaf of Fresh White Bread (500g) 2.39 $     2.08 $      -12.93 %
Rice (white), (1kg) 2.89 $     3.08 $      +6.59 %
Eggs (12) 2.25 $     4.22 $      +87.40 %
Local Cheese (1kg) 9.48 $     13.50 $      +42.43 %
Chicken Breasts (Boneless, Skinless), (1kg) 7.64 $     19.18 $      +151.12 %
Apples (1kg) 3.70 $     3.51 $      -5.13 %
Oranges (1kg) 3.58 $     2.93 $      -18.07 %
Tomato (1kg) 3.72 $     4.45 $      +19.79 %
Potato (1kg) 2.35 $     1.89 $      -19.82 %
Lettuce (1 head) 1.57 $     3.07 $      +95.08 %
Water (1.5 liter bottle) 1.76 $     2.40 $      +36.43 %
Bottle of Wine (Mid-Range) 12.00 $     17.76 $      +47.98 %
Domestic Beer (0.5 liter bottle) 2.29 $     3.20 $      +39.69 %
Imported Beer (0.33 liter bottle) 3.28 $     2.96 $      -9.63 %
Pack of Cigarettes (Marlboro) 6.00 $     10.64 $      +77.27 %
 
Transportation [Edit] [Edit]
One-way Ticket (Local Transport) 2.00 $     3.12 $      +55.76 %
Monthly Pass (Regular Price) 66.00 $     82.78 $      +25.42 %
Taxi Start (Normal Tariff) 3.00 $     5.87 $      +95.82 %
Taxi 1km (Normal Tariff) 1.55 $     2.46 $      +58.14 %
Taxi 1hour Waiting (Normal Tariff) 28.35 $     59.40 $      +109.54 %
Gasoline (1 liter) 0.96 $     2.21 $      +130.02 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 20,000.00 $     31,508.71 $      +57.54 %
 
Utilities (Monthly) [Edit] [Edit]
Basic (Electricity, Heating, Water, Garbage) for 85m2 Apartment 161.88 $     133.63 $      -17.45 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.15 $     0.15 $      +3.27 %
Internet (6 Mbps, Unlimited Data, Cable/ADSL) 46.18 $     57.12 $      +23.67 %
 
Sports And Leisure [Edit] [Edit]
Fitness Club, Monthly Fee for 1 Adult 39.49 $     57.43 $      +45.43 %
Tennis Court Rent (1 Hour on Weekend) 18.42 $     30.59 $      +66.01 %
Cinema, International Release, 1 Seat 10.00 $     11.13 $      +11.26 %
 
Clothing And Shoes [Edit] [Edit]
1 Pair of Jeans (Levis 501 Or Similar) 40.77 $     156.42 $      +283.67 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 36.48 $     98.42 $      +169.78 %
1 Pair of Nike Shoes 76.23 $     171.88 $      +125.47 %
1 Pair of Men Leather Shoes 83.32 $     203.45 $      +144.17 %
 
Rent Per Month [Edit] [Edit]
Apartment (1 bedroom) in City Centre 993.07 $     1,250.59 $      +25.93 %
Apartment (1 bedroom) Outside of Centre 750.22 $     950.40 $      +26.68 %
Apartment (3 bedrooms) in City Centre 1,700.40 $     1,858.13 $      +9.28 %
Apartment (3 bedrooms) Outside of Centre 1,281.76 $     1,468.63 $      +14.58 %
 
Buy Apartment Price [Edit] [Edit]
Price per Square Meter to Buy Apartment in City Centre 1,924.43 $     3,084.11 $      +60.26 %
Price per Square Meter to Buy Apartment Outside of Centre 1,233.56 $     2,318.54 $      +87.95 %
 
Salaries And Financing [Edit] [Edit]
Average Monthly Disposable Salary (After Tax) 3,259.88 $     2,322.29 $      -28.76 %
Mortgage Interest Rate in Percentages (%), Yearly 4.21     7.08      +68.40 %
 
Last updateApril, 2014April, 2014
Contributors (past 18 months)7941135
Currency: USD



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