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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 38.58% higher than in United States
Consumer Prices Including Rent in Iceland are 26.86% higher than in United States
Rent Prices in Iceland are 1.06% higher than in United States
Restaurant Prices in Iceland are 59.96% higher than in United States
Groceries Prices in Iceland are 31.92% higher than in United States
Local Purchasing Power in Iceland is 47.84% 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 $     14.15 $      +41.46 %
Meal for 2, Mid-range Restaurant, Three-course 45.00 $     88.92 $      +97.59 %
Combo Meal at McDonalds or Similar 6.50 $     11.32 $      +74.10 %
Domestic Beer (0.5 liter draught) 3.50 $     7.28 $      +107.86 %
Imported Beer (0.33 liter bottle) 5.00 $     6.47 $      +29.33 %
Cappuccino (regular) 3.68 $     3.75 $      +1.82 %
Coke/Pepsi (0.33 liter bottle) 1.63 $     2.22 $      +36.33 %
Water (0.33 liter bottle) 1.30 $     1.83 $      +40.69 %
 
Markets [Edit] [Edit]
Milk (regular), (1 liter) 1.01 $     1.06 $      +5.08 %
Loaf of Fresh White Bread (500g) 2.43 $     1.88 $      -22.66 %
Rice (white), (1kg) 3.07 $     2.59 $      -15.79 %
Eggs (12) 2.33 $     4.41 $      +89.38 %
Local Cheese (1kg) 9.56 $     12.42 $      +29.85 %
Chicken Breasts (Boneless, Skinless), (1kg) 7.85 $     19.08 $      +143.03 %
Apples (1kg) 3.83 $     2.98 $      -22.24 %
Oranges (1kg) 3.78 $     2.27 $      -39.86 %
Tomato (1kg) 3.84 $     3.92 $      +2.03 %
Potato (1kg) 2.42 $     1.77 $      -27.15 %
Lettuce (1 head) 1.59 $     2.71 $      +70.58 %
Water (1.5 liter bottle) 1.77 $     1.95 $      +9.99 %
Bottle of Wine (Mid-Range) 12.00 $     16.98 $      +41.46 %
Domestic Beer (0.5 liter bottle) 2.31 $     2.82 $      +22.42 %
Imported Beer (0.33 liter bottle) 3.31 $     2.58 $      -22.05 %
Pack of Cigarettes (Marlboro) 6.00 $     9.70 $      +61.67 %
 
Transportation [Edit] [Edit]
One-way Ticket (Local Transport) 2.00 $     2.83 $      +41.46 %
Monthly Pass (Regular Price) 70.00 $     75.18 $      +7.39 %
Taxi Start (Normal Tariff) 3.00 $     5.34 $      +77.84 %
Taxi 1km (Normal Tariff) 1.55 $     2.23 $      +43.62 %
Taxi 1hour Waiting (Normal Tariff) 29.90 $     53.95 $      +80.43 %
Gasoline (1 liter) 0.95 $     2.02 $      +111.65 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 20,860.00 $     28,615.33 $      +37.18 %
 
Utilities (Monthly) [Edit] [Edit]
Basic (Electricity, Heating, Water, Garbage) for 85m2 Apartment 158.98 $     112.34 $      -29.33 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.16 $     0.14 $      -8.88 %
Internet (6 Mbps, Unlimited Data, Cable/ADSL) 47.02 $     61.13 $      +30.00 %
 
Sports And Leisure [Edit] [Edit]
Fitness Club, Monthly Fee for 1 Adult 39.53 $     56.27 $      +42.36 %
Tennis Court Rent (1 Hour on Weekend) 17.84 $     32.33 $      +81.23 %
Cinema, International Release, 1 Seat 10.00 $     10.51 $      +5.08 %
 
Clothing And Shoes [Edit] [Edit]
1 Pair of Jeans (Levis 501 Or Similar) 40.99 $     150.33 $      +266.78 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 35.85 $     83.53 $      +132.99 %
1 Pair of Nike Shoes 77.47 $     168.94 $      +118.06 %
1 Pair of Men Leather Shoes 84.91 $     207.13 $      +143.93 %
 
Rent Per Month [Edit] [Edit]
Apartment (1 bedroom) in City Centre 1,025.60 $     1,102.40 $      +7.49 %
Apartment (1 bedroom) Outside of Centre 772.88 $     810.09 $      +4.81 %
Apartment (3 bedrooms) in City Centre 1,738.35 $     1,651.33 $      -5.01 %
Apartment (3 bedrooms) Outside of Centre 1,306.44 $     1,330.66 $      +1.85 %
 
Buy Apartment Price [Edit] [Edit]
Price per Square Meter to Buy Apartment in City Centre 1,911.89 $     2,789.55 $      +45.91 %
Price per Square Meter to Buy Apartment Outside of Centre 1,259.44 $     2,141.90 $      +70.07 %
 
Salaries And Financing [Edit] [Edit]
Average Monthly Disposable Salary (After Tax) 3,308.49 $     2,189.43 $      -33.82 %
Mortgage Interest Rate in Percentages (%), Yearly 4.21     7.26      +72.61 %
 
Last updateNovember, 2014November, 2014
Contributors (past 18 months)9564144
Currency: USD