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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 35.33% higher than in United States
Consumer Prices Including Rent in Iceland are 23.99% higher than in United States
Rent Prices in Iceland are 1.01% lower than in United States
Restaurant Prices in Iceland are 56.25% higher than in United States
Groceries Prices in Iceland are 28.67% higher than in United States
Local Purchasing Power in Iceland is 47.80% 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 $     13.73 $      +37.29 %
Meal for 2, Mid-range Restaurant, Three-course 45.00 $     87.12 $      +93.60 %
Combo Meal at McDonalds or Similar 6.50 $     11.09 $      +70.58 %
Domestic Beer (0.5 liter draught) 3.50 $     7.13 $      +103.65 %
Imported Beer (0.33 liter bottle) 5.00 $     6.34 $      +26.72 %
Cappuccino (regular) 3.69 $     3.68 $      -0.40 %
Coke/Pepsi (0.33 liter bottle) 1.63 $     2.18 $      +33.75 %
Water (0.33 liter bottle) 1.30 $     1.79 $      +38.34 %
 
Markets [Edit] [Edit]
Milk (regular), (1 liter) 1.01 $     1.04 $      +2.94 %
Loaf of Fresh White Bread (500g) 2.44 $     1.84 $      -24.50 %
Rice (white), (1kg) 3.07 $     2.54 $      -17.42 %
Eggs (12) 2.34 $     4.32 $      +84.51 %
Local Cheese (1kg) 9.59 $     12.16 $      +26.87 %
Chicken Breasts (Boneless, Skinless), (1kg) 7.91 $     18.69 $      +136.38 %
Apples (1kg) 3.84 $     2.92 $      -24.03 %
Oranges (1kg) 3.80 $     2.23 $      -41.40 %
Tomato (1kg) 3.88 $     3.84 $      -0.97 %
Potato (1kg) 2.45 $     1.73 $      -29.27 %
Lettuce (1 head) 1.59 $     2.65 $      +67.25 %
Water (1.5 liter bottle) 1.78 $     1.91 $      +7.51 %
Bottle of Wine (Mid-Range) 12.00 $     16.63 $      +38.60 %
Domestic Beer (0.5 liter bottle) 2.32 $     2.75 $      +18.27 %
Imported Beer (0.33 liter bottle) 3.34 $     2.55 $      -23.66 %
Pack of Cigarettes (Marlboro) 6.00 $     9.50 $      +58.40 %
 
Transportation [Edit] [Edit]
One-way Ticket (Local Transport) 2.00 $     2.77 $      +38.60 %
Monthly Pass (Regular Price) 69.00 $     73.65 $      +6.75 %
Taxi Start (Normal Tariff) 3.00 $     5.23 $      +74.24 %
Taxi 1km (Normal Tariff) 1.55 $     2.19 $      +40.71 %
Taxi 1hour Waiting (Normal Tariff) 29.90 $     52.86 $      +76.78 %
Gasoline (1 liter) 0.95 $     1.97 $      +107.38 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 21,000.00 $     28,036.30 $      +33.51 %
 
Utilities (Monthly) [Edit] [Edit]
Basic (Electricity, Heating, Water, Garbage) for 85m2 Apartment 159.24 $     110.07 $      -30.88 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.16 $     0.14 $      -11.34 %
Internet (6 Mbps, Unlimited Data, Cable/ADSL) 46.94 $     59.89 $      +27.57 %
 
Sports And Leisure [Edit] [Edit]
Fitness Club, Monthly Fee for 1 Adult 39.54 $     55.13 $      +39.42 %
Tennis Court Rent (1 Hour on Weekend) 17.99 $     31.68 $      +76.13 %
Cinema, International Release, 1 Seat 10.00 $     10.30 $      +2.96 %
 
Clothing And Shoes [Edit] [Edit]
1 Pair of Jeans (Levis 501 Or Similar) 41.09 $     147.29 $      +258.47 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 35.79 $     81.84 $      +128.65 %
1 Pair of Nike Shoes 77.71 $     165.52 $      +112.99 %
1 Pair of Men Leather Shoes 85.15 $     197.99 $      +132.52 %
 
Rent Per Month [Edit] [Edit]
Apartment (1 bedroom) in City Centre 1,026.29 $     1,079.57 $      +5.19 %
Apartment (1 bedroom) Outside of Centre 774.36 $     794.88 $      +2.65 %
Apartment (3 bedrooms) in City Centre 1,736.26 $     1,617.91 $      -6.82 %
Apartment (3 bedrooms) Outside of Centre 1,308.02 $     1,303.73 $      -0.33 %
 
Buy Apartment Price [Edit] [Edit]
Price per Square Meter to Buy Apartment in City Centre 1,899.79 $     2,740.44 $      +44.25 %
Price per Square Meter to Buy Apartment Outside of Centre 1,253.45 $     2,103.87 $      +67.85 %
 
Salaries And Financing [Edit] [Edit]
Average Monthly Disposable Salary (After Tax) 3,314.76 $     2,145.35 $      -35.28 %
Mortgage Interest Rate in Percentages (%), Yearly 4.22     7.26      +72.02 %
 
Last updateDecember, 2014December, 2014
Contributors (past 18 months)9600145
Currency: USD