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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 43.39% higher than in United States
Consumer Prices Including Rent in Iceland are 31.91% higher than in United States
Rent Prices in Iceland are 6.66% higher than in United States
Restaurant Prices in Iceland are 60.51% higher than in United States
Groceries Prices in Iceland are 38.87% 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 $     13.41 $      +34.09 %
Meal for 2, Mid-range Restaurant, Three-course 45.00 $     92.01 $      +104.47 %
Combo Meal at McDonalds or Similar 6.50 $     11.71 $      +80.16 %
Domestic Beer (0.5 liter draught) 3.50 $     7.53 $      +115.09 %
Imported Beer (0.33 liter bottle) 5.00 $     6.38 $      +27.58 %
Cappuccino (regular) 3.68 $     3.84 $      +4.54 %
Coke/Pepsi (0.33 liter bottle) 1.61 $     2.22 $      +37.98 %
Water (0.33 liter bottle) 1.29 $     1.96 $      +51.85 %
 
Markets [Edit] [Edit]
Milk (regular), (1 liter) 1.01 $     1.11 $      +9.65 %
Loaf of Fresh White Bread (500g) 2.43 $     1.95 $      -19.89 %
Rice (white), (1kg) 3.03 $     2.87 $      -5.08 %
Eggs (12) 2.30 $     4.30 $      +86.57 %
Local Cheese (1kg) 9.49 $     13.15 $      +38.57 %
Chicken Breasts (Boneless, Skinless), (1kg) 7.76 $     19.73 $      +154.22 %
Apples (1kg) 3.82 $     3.25 $      -14.95 %
Oranges (1kg) 3.74 $     2.49 $      -33.54 %
Tomato (1kg) 3.84 $     4.44 $      +15.62 %
Potato (1kg) 2.41 $     1.89 $      -21.63 %
Lettuce (1 head) 1.58 $     2.92 $      +85.40 %
Water (1.5 liter bottle) 1.77 $     2.03 $      +15.00 %
Bottle of Wine (Mid-Range) 12.00 $     17.57 $      +46.38 %
Domestic Beer (0.5 liter bottle) 2.30 $     2.98 $      +29.52 %
Imported Beer (0.33 liter bottle) 3.30 $     2.66 $      -19.32 %
Pack of Cigarettes (Marlboro) 6.00 $     10.04 $      +67.29 %
 
Transportation [Edit] [Edit]
One-way Ticket (Local Transport) 2.00 $     2.93 $      +46.38 %
Monthly Pass (Regular Price) 69.00 $     77.79 $      +12.74 %
Taxi Start (Normal Tariff) 3.00 $     5.52 $      +84.02 %
Taxi 1km (Normal Tariff) 1.55 $     2.31 $      +48.62 %
Taxi 1hour Waiting (Normal Tariff) 29.00 $     55.83 $      +92.50 %
Gasoline (1 liter) 0.96 $     2.09 $      +118.47 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 20,930.00 $     29,611.04 $      +41.48 %
 
Utilities (Monthly) [Edit] [Edit]
Basic (Electricity, Heating, Water, Garbage) for 85m2 Apartment 160.39 $     121.13 $      -24.48 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.16 $     0.15 $      -6.03 %
Internet (6 Mbps, Unlimited Data, Cable/ADSL) 46.87 $     62.79 $      +33.96 %
 
Sports And Leisure [Edit] [Edit]
Fitness Club, Monthly Fee for 1 Adult 39.36 $     57.20 $      +45.33 %
Tennis Court Rent (1 Hour on Weekend) 18.29 $     33.46 $      +82.98 %
Cinema, International Release, 1 Seat 10.00 $     10.46 $      +4.56 %
 
Clothing And Shoes [Edit] [Edit]
1 Pair of Jeans (Levis 501 Or Similar) 41.33 $     157.01 $      +279.92 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 36.11 $     95.48 $      +164.43 %
1 Pair of Nike Shoes 77.26 $     166.53 $      +115.53 %
1 Pair of Men Leather Shoes 84.56 $     209.12 $      +147.30 %
 
Rent Per Month [Edit] [Edit]
Apartment (1 bedroom) in City Centre 1,026.78 $     1,181.06 $      +15.03 %
Apartment (1 bedroom) Outside of Centre 769.75 $     874.44 $      +13.60 %
Apartment (3 bedrooms) in City Centre 1,732.44 $     1,732.69 $      +0.01 %
Apartment (3 bedrooms) Outside of Centre 1,305.99 $     1,383.98 $      +5.97 %
 
Buy Apartment Price [Edit] [Edit]
Price per Square Meter to Buy Apartment in City Centre 1,905.64 $     2,891.45 $      +51.73 %
Price per Square Meter to Buy Apartment Outside of Centre 1,248.02 $     2,232.25 $      +78.86 %
 
Salaries And Financing [Edit] [Edit]
Average Monthly Disposable Salary (After Tax) 3,298.79 $     2,245.64 $      -31.93 %
Mortgage Interest Rate in Percentages (%), Yearly 4.20     7.33      +74.40 %
 
Last updateSeptember, 2014September, 2014
Contributors (past 18 months)9101148
Currency: USD