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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 25.60% higher than in United States
Consumer Prices Including Rent in Iceland are 15.55% higher than in United States
Rent Prices in Iceland are 7.24% lower than in United States
Restaurant Prices in Iceland are 56.29% higher than in United States
Groceries Prices in Iceland are 12.40% higher than in United States
Local Purchasing Power in Iceland is 40.52% lower than in United States

Currency: Default Currency      Switch to US measurement units
  United States  Iceland      Difference
Restaurants [Edit] [Edit]
Meal, Inexpensive Restaurant 10.00 $     13.95 $      +39.50 %
Meal for 2, Mid-range Restaurant, Three-course 45.00 $     88.11 $      +95.79 %
McMeal at McDonalds (or Equivalent Combo Meal) 6.50 $     11.01 $      +69.43 %
Domestic Beer (0.5 liter draught) 3.50 $     7.21 $      +105.91 %
Imported Beer (0.33 liter bottle) 5.00 $     5.87 $      +17.47 %
Cappuccino (regular) 3.71 $     3.55 $      -4.38 %
Coke/Pepsi (0.33 liter bottle) 1.64 $     1.95 $      +19.10 %
Water (0.33 liter bottle) 1.30 $     1.69 $      +30.26 %
 
Markets [Edit] [Edit]
Milk (regular), (1 liter) 1.01 $     0.97 $      -4.48 %
Loaf of Fresh White Bread (500g) 2.46 $     1.93 $      -21.36 %
Rice (white), (1kg) 3.10 $     2.74 $      -11.71 %
Eggs (12) 2.37 $     3.92 $      +65.31 %
Local Cheese (1kg) 9.54 $     11.67 $      +22.34 %
Chicken Breasts (Boneless, Skinless), (1kg) 8.03 $     16.53 $      +105.77 %
Apples (1kg) 3.84 $     2.56 $      -33.38 %
Oranges (1kg) 3.82 $     2.16 $      -43.33 %
Tomato (1kg) 3.91 $     3.30 $      -15.52 %
Potato (1kg) 2.47 $     1.49 $      -39.83 %
Lettuce (1 head) 1.60 $     2.40 $      +49.24 %
Water (1.5 liter bottle) 1.79 $     1.66 $      -7.02 %
Bottle of Wine (Mid-Range) 12.00 $     16.89 $      +40.72 %
Domestic Beer (0.5 liter bottle) 2.37 $     2.43 $      +2.53 %
Imported Beer (0.33 liter bottle) 3.40 $     2.37 $      -30.12 %
Pack of Cigarettes (Marlboro) 6.00 $     9.18 $      +52.96 %
 
Transportation [Edit] [Edit]
One-way Ticket (Local Transport) 2.00 $     2.57 $      +28.49 %
Monthly Pass (Regular Price) 64.00 $     68.28 $      +6.69 %
Taxi Start (Normal Tariff) 3.00 $     4.85 $      +61.53 %
Taxi 1km (Normal Tariff) 1.55 $     1.86 $      +20.01 %
Taxi 1hour Waiting (Normal Tariff) 30.00 $     49.00 $      +63.34 %
Gasoline (1 liter) 0.81 $     1.69 $      +107.96 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 21,000.00 $     25,697.52 $      +22.37 %
 
Utilities (Monthly) [Edit] [Edit]
Basic (Electricity, Heating, Water, Garbage) for 85m2 Apartment 157.43 $     111.96 $      -28.88 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.15 $     0.13 $      -15.64 %
Internet (6 Mbps, Unlimited Data, Cable/ADSL) 46.88 $     53.29 $      +13.68 %
 
Sports And Leisure [Edit] [Edit]
Fitness Club, Monthly Fee for 1 Adult 38.04 $     57.03 $      +49.92 %
Tennis Court Rent (1 Hour on Weekend) 18.34 $     27.39 $      +49.33 %
Cinema, International Release, 1 Seat 10.00 $     9.54 $      -4.55 %
 
Clothing And Shoes [Edit] [Edit]
1 Pair of Jeans (Levis 501 Or Similar) 40.75 $     131.60 $      +222.96 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 35.75 $     78.21 $      +118.77 %
1 Pair of Nike Running Shoes 77.43 $     142.83 $      +84.48 %
1 Pair of Men Leather Shoes 84.68 $     180.15 $      +112.74 %
 
Rent Per Month [Edit] [Edit]
Apartment (1 bedroom) in City Centre 952.36 $     962.48 $      +1.06 %
Apartment (1 bedroom) Outside of Centre 754.69 $     709.50 $      -5.99 %
Apartment (3 bedrooms) in City Centre 1,654.67 $     1,448.10 $      -12.48 %
Apartment (3 bedrooms) Outside of Centre 1,263.04 $     1,169.75 $      -7.39 %
 
Buy Apartment Price [Edit] [Edit]
Price per Square Meter to Buy Apartment in City Centre 1,948.73 $     2,531.34 $      +29.90 %
Price per Square Meter to Buy Apartment Outside of Centre 1,290.45 $     1,899.16 $      +47.17 %
 
Salaries And Financing [Edit] [Edit]
Average Monthly Disposable Salary (After Tax) 2,918.12 $     2,005.50 $      -31.27 %
Mortgage Interest Rate in Percentages (%), Yearly 4.21     6.63      +57.41 %
 
Last updateMarch, 2015March, 2015
Contributors:9342129
Data from past:18 months18 months
Currency: USD