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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 50.06% higher than in United States
Consumer Prices Including Rent in Iceland are 39.94% higher than in United States
Rent Prices in Iceland are 17.50% higher than in United States
Restaurant Prices in Iceland are 62.87% higher than in United States
Groceries Prices in Iceland are 46.54% higher than in United States
Local Purchasing Power in Iceland is 49.04% 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 $     13.94 $      +39.39 %
Meal for 2, Mid-range Restaurant, Three-course 45.00 $     89.41 $      +98.68 %
Combo Meal at McDonalds or Similar 6.25 $     11.62 $      +85.96 %
Domestic Beer (0.5 liter draught) 3.50 $     7.89 $      +125.41 %
Imported Beer (0.33 liter bottle) 5.00 $     6.71 $      +34.11 %
Cappuccino (regular) 3.64 $     3.99 $      +9.43 %
Coke/Pepsi (0.33 liter bottle) 1.58 $     2.33 $      +46.89 %
Water (0.33 liter bottle) 1.27 $     1.98 $      +55.89 %
 
Markets [Edit] [Edit]
Milk (regular), (1 liter) 0.99 $     1.16 $      +17.15 %
Loaf of Fresh White Bread (500g) 2.39 $     2.09 $      -12.47 %
Rice (white), (1kg) 2.89 $     3.10 $      +7.08 %
Eggs (12) 2.25 $     4.24 $      +88.24 %
Local Cheese (1kg) 9.46 $     13.56 $      +43.28 %
Chicken Breasts (Boneless, Skinless), (1kg) 7.64 $     19.27 $      +152.33 %
Apples (1kg) 3.71 $     3.53 $      -4.85 %
Oranges (1kg) 3.58 $     2.94 $      -17.63 %
Tomato (1kg) 3.72 $     4.47 $      +20.38 %
Potato (1kg) 2.35 $     1.90 $      -19.26 %
Lettuce (1 head) 1.57 $     3.08 $      +95.94 %
Water (1.5 liter bottle) 1.76 $     2.41 $      +37.21 %
Bottle of Wine (Mid-Range) 12.00 $     17.84 $      +48.64 %
Domestic Beer (0.5 liter bottle) 2.29 $     3.21 $      +40.46 %
Imported Beer (0.33 liter bottle) 3.28 $     2.98 $      -9.19 %
Pack of Cigarettes (Marlboro) 6.00 $     10.68 $      +78.07 %
 
Transportation [Edit] [Edit]
One-way Ticket (Local Transport) 2.00 $     3.13 $      +56.46 %
Monthly Pass (Regular Price) 66.00 $     83.15 $      +25.98 %
Taxi Start (Normal Tariff) 3.00 $     5.90 $      +96.69 %
Taxi 1km (Normal Tariff) 1.55 $     2.47 $      +58.85 %
Taxi 1hour Waiting (Normal Tariff) 28.10 $     59.67 $      +112.35 %
Gasoline (1 liter) 0.96 $     2.22 $      +131.17 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 20,000.00 $     31,649.56 $      +58.25 %
 
Utilities (Monthly) [Edit] [Edit]
Basic (Electricity, Heating, Water, Garbage) for 85m2 Apartment 161.94 $     134.23 $      -17.11 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.15 $     0.15 $      +4.77 %
Internet (6 Mbps, Unlimited Data, Cable/ADSL) 46.17 $     57.37 $      +24.27 %
 
Sports And Leisure [Edit] [Edit]
Fitness Club, Monthly Fee for 1 Adult 39.53 $     57.68 $      +45.93 %
Tennis Court Rent (1 Hour on Weekend) 18.45 $     30.74 $      +66.62 %
Cinema, International Release, 1 Seat 10.00 $     11.18 $      +11.76 %
 
Clothing And Shoes [Edit] [Edit]
1 Pair of Jeans (Levis 501 Or Similar) 40.75 $     157.16 $      +285.66 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 36.55 $     98.86 $      +170.46 %
1 Pair of Nike Shoes 76.32 $     172.63 $      +126.19 %
1 Pair of Men Leather Shoes 83.44 $     204.36 $      +144.93 %
 
Rent Per Month [Edit] [Edit]
Apartment (1 bedroom) in City Centre 993.57 $     1,256.18 $      +26.43 %
Apartment (1 bedroom) Outside of Centre 749.89 $     954.65 $      +27.31 %
Apartment (3 bedrooms) in City Centre 1,700.09 $     1,866.73 $      +9.80 %
Apartment (3 bedrooms) Outside of Centre 1,282.20 $     1,475.19 $      +15.05 %
 
Buy Apartment Price [Edit] [Edit]
Price per Square Meter to Buy Apartment in City Centre 1,909.27 $     3,097.90 $      +62.26 %
Price per Square Meter to Buy Apartment Outside of Centre 1,230.64 $     2,328.27 $      +89.19 %
 
Salaries And Financing [Edit] [Edit]
Average Monthly Disposable Salary (After Tax) 3,271.19 $     2,332.67 $      -28.69 %
Mortgage Interest Rate in Percentages (%), Yearly 4.20     7.08      +68.56 %
 
Last updateApril, 2014April, 2014
Contributors (past 18 months)7894134
Currency: USD



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