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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 29.04% higher than in United States
Consumer Prices Including Rent in Iceland are 19.18% higher than in United States
Rent Prices in Iceland are 3.27% lower than in United States
Restaurant Prices in Iceland are 58.36% higher than in United States
Groceries Prices in Iceland are 16.58% higher than in United States
Local Purchasing Power in Iceland is 41.92% 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 $     13.84 $      +38.43 %
Meal for 2, Mid-range Restaurant, Three-course 45.00 $     89.79 $      +99.53 %
McMeal at McDonalds (or Equivalent Combo Meal) 6.50 $     11.22 $      +72.67 %
Domestic Beer (0.5 liter draught) 3.50 $     7.14 $      +103.93 %
Imported Beer (0.33 liter bottle) 5.00 $     5.99 $      +19.72 %
Cappuccino (regular) 3.70 $     3.59 $      -2.95 %
Coke/Pepsi (0.33 liter bottle) 1.63 $     2.01 $      +23.08 %
Water (0.33 liter bottle) 1.29 $     1.70 $      +31.95 %
 
Markets [Edit] [Edit]
Milk (regular), (1 liter) 1.01 $     0.99 $      -2.76 %
Loaf of Fresh White Bread (500g) 2.45 $     2.08 $      -15.14 %
Rice (white), (1kg) 3.09 $     2.72 $      -11.91 %
Eggs (12) 2.36 $     3.91 $      +65.82 %
Local Cheese (1kg) 9.58 $     12.02 $      +25.43 %
Chicken Breasts (Boneless, Skinless), (1kg) 8.02 $     17.20 $      +114.36 %
Apples (1kg) 3.85 $     2.72 $      -29.30 %
Oranges (1kg) 3.83 $     2.21 $      -42.36 %
Tomato (1kg) 3.91 $     3.47 $      -11.23 %
Potato (1kg) 2.46 $     1.61 $      -34.84 %
Lettuce (1 head) 1.61 $     2.46 $      +53.22 %
Water (1.5 liter bottle) 1.79 $     1.76 $      -1.50 %
Bottle of Wine (Mid-Range) 12.00 $     16.66 $      +38.81 %
Domestic Beer (0.5 liter bottle) 2.35 $     2.48 $      +5.20 %
Imported Beer (0.33 liter bottle) 3.39 $     2.42 $      -28.67 %
Pack of Cigarettes (Marlboro) 6.00 $     9.35 $      +55.89 %
 
Transportation [Edit] [Edit]
One-way Ticket (Local Transport) 2.00 $     2.62 $      +30.94 %
Monthly Pass (Regular Price) 64.00 $     69.59 $      +8.73 %
Taxi Start (Normal Tariff) 3.00 $     4.94 $      +64.62 %
Taxi 1km (Normal Tariff) 1.55 $     1.91 $      +22.91 %
Taxi 1hour Waiting (Normal Tariff) 29.90 $     49.94 $      +67.02 %
Gasoline (1 liter) 0.82 $     1.78 $      +115.67 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 21,000.00 $     26,188.78 $      +24.71 %
 
Utilities (Monthly) [Edit] [Edit]
Basic (Electricity, Heating, Water, Garbage) for 85m2 Apartment 157.52 $     114.19 $      -27.51 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.15 $     0.13 $      -12.31 %
Internet (6 Mbps, Unlimited Data, Cable/ADSL) 46.88 $     54.36 $      +15.95 %
 
Sports And Leisure [Edit] [Edit]
Fitness Club, Monthly Fee for 1 Adult 38.15 $     57.13 $      +49.74 %
Tennis Court Rent (1 Hour on Weekend) 18.41 $     27.95 $      +51.85 %
Cinema, International Release, 1 Seat 10.00 $     9.73 $      -2.73 %
 
Clothing And Shoes [Edit] [Edit]
1 Pair of Jeans (Levis 501 Or Similar) 40.84 $     134.24 $      +228.74 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 35.65 $     80.90 $      +126.94 %
1 Pair of Nike Shoes 77.40 $     145.68 $      +88.21 %
1 Pair of Men Leather Shoes 84.88 $     187.47 $      +120.87 %
 
Rent Per Month [Edit] [Edit]
Apartment (1 bedroom) in City Centre 952.11 $     973.31 $      +2.23 %
Apartment (1 bedroom) Outside of Centre 749.97 $     721.27 $      -3.83 %
Apartment (3 bedrooms) in City Centre 1,654.95 $     1,524.59 $      -7.88 %
Apartment (3 bedrooms) Outside of Centre 1,255.80 $     1,227.00 $      -2.29 %
 
Buy Apartment Price [Edit] [Edit]
Price per Square Meter to Buy Apartment in City Centre 1,939.63 $     2,596.75 $      +33.88 %
Price per Square Meter to Buy Apartment Outside of Centre 1,298.77 $     1,932.53 $      +48.80 %
 
Salaries And Financing [Edit] [Edit]
Average Monthly Disposable Salary (After Tax) 2,968.69 $     2,054.96 $      -30.78 %
Mortgage Interest Rate in Percentages (%), Yearly 4.22     6.69      +58.41 %
 
Last updateMarch, 2015February, 2015
Contributors:9162129
Data from past:18 months18 months
Currency: USD