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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 41.80% higher than in United States
Consumer Prices Including Rent in Iceland are 30.24% higher than in United States
Rent Prices in Iceland are 4.81% higher than in United States
Restaurant Prices in Iceland are 60.07% higher than in United States
Groceries Prices in Iceland are 35.82% higher than in United States
Local Purchasing Power in Iceland is 48.39% 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 $     13.28 $      +32.76 %
Meal for 2, Mid-range Restaurant, Three-course 45.00 $     90.24 $      +100.53 %
Combo Meal at McDonalds or Similar 6.50 $     11.48 $      +76.69 %
Domestic Beer (0.5 liter draught) 3.50 $     7.38 $      +110.95 %
Imported Beer (0.33 liter bottle) 5.00 $     6.56 $      +31.26 %
Cappuccino (regular) 3.68 $     3.82 $      +3.84 %
Coke/Pepsi (0.33 liter bottle) 1.62 $     2.25 $      +38.90 %
Water (0.33 liter bottle) 1.29 $     1.85 $      +42.97 %
 
Markets [Edit] [Edit]
Milk (regular), (1 liter) 1.01 $     1.09 $      +7.98 %
Loaf of Fresh White Bread (500g) 2.43 $     1.97 $      -18.82 %
Rice (white), (1kg) 3.05 $     2.74 $      -10.10 %
Eggs (12) 2.32 $     4.34 $      +87.43 %
Local Cheese (1kg) 9.54 $     12.80 $      +34.22 %
Chicken Breasts (Boneless, Skinless), (1kg) 7.81 $     19.14 $      +145.02 %
Apples (1kg) 3.82 $     3.12 $      -18.47 %
Oranges (1kg) 3.76 $     2.36 $      -37.28 %
Tomato (1kg) 3.84 $     4.01 $      +4.52 %
Potato (1kg) 2.41 $     1.87 $      -22.09 %
Lettuce (1 head) 1.57 $     2.81 $      +78.41 %
Water (1.5 liter bottle) 1.77 $     2.04 $      +15.27 %
Bottle of Wine (Mid-Range) 12.00 $     16.41 $      +36.72 %
Domestic Beer (0.5 liter bottle) 2.31 $     2.91 $      +26.22 %
Imported Beer (0.33 liter bottle) 3.31 $     2.62 $      -20.89 %
Pack of Cigarettes (Marlboro) 6.00 $     9.84 $      +64.07 %
 
Transportation [Edit] [Edit]
One-way Ticket (Local Transport) 2.00 $     2.87 $      +43.56 %
Monthly Pass (Regular Price) 69.00 $     76.29 $      +10.57 %
Taxi Start (Normal Tariff) 3.00 $     5.41 $      +80.48 %
Taxi 1km (Normal Tariff) 1.55 $     2.26 $      +45.75 %
Taxi 1hour Waiting (Normal Tariff) 30.00 $     54.75 $      +82.50 %
Gasoline (1 liter) 0.96 $     2.05 $      +114.91 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 21,000.00 $     29,040.20 $      +38.29 %
 
Utilities (Monthly) [Edit] [Edit]
Basic (Electricity, Heating, Water, Garbage) for 85m2 Apartment 160.19 $     118.80 $      -25.84 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.16 $     0.15 $      -8.25 %
Internet (6 Mbps, Unlimited Data, Cable/ADSL) 47.10 $     62.49 $      +32.69 %
 
Sports And Leisure [Edit] [Edit]
Fitness Club, Monthly Fee for 1 Adult 39.50 $     58.37 $      +47.77 %
Tennis Court Rent (1 Hour on Weekend) 17.87 $     32.81 $      +83.62 %
Cinema, International Release, 1 Seat 10.00 $     10.66 $      +6.64 %
 
Clothing And Shoes [Edit] [Edit]
1 Pair of Jeans (Levis 501 Or Similar) 41.09 $     155.57 $      +278.60 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 35.88 $     84.38 $      +135.15 %
1 Pair of Nike Shoes 77.16 $     167.04 $      +116.48 %
1 Pair of Men Leather Shoes 84.66 $     209.63 $      +147.62 %
 
Rent Per Month [Edit] [Edit]
Apartment (1 bedroom) in City Centre 1,026.81 $     1,144.89 $      +11.50 %
Apartment (1 bedroom) Outside of Centre 773.89 $     833.36 $      +7.68 %
Apartment (3 bedrooms) in City Centre 1,734.77 $     1,699.29 $      -2.05 %
Apartment (3 bedrooms) Outside of Centre 1,307.39 $     1,356.72 $      +3.77 %
 
Buy Apartment Price [Edit] [Edit]
Price per Square Meter to Buy Apartment in City Centre 1,903.73 $     2,822.61 $      +48.27 %
Price per Square Meter to Buy Apartment Outside of Centre 1,258.09 $     2,167.65 $      +72.30 %
 
Salaries And Financing [Edit] [Edit]
Average Monthly Disposable Salary (After Tax) 3,310.14 $     2,225.06 $      -32.78 %
Mortgage Interest Rate in Percentages (%), Yearly 4.21     7.26      +72.55 %
 
Last updateOctober, 2014October, 2014
Contributors (past 18 months)9385149
Currency: USD