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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 30.72% higher than in United States
Consumer Prices Including Rent in Iceland are 19.55% higher than in United States
Rent Prices in Iceland are 5.12% lower than in United States
Restaurant Prices in Iceland are 56.48% higher than in United States
Groceries Prices in Iceland are 15.50% higher than in United States
Local Purchasing Power in Iceland is 32.40% lower than in United States

Currency: Sticky Currency      Switch to metric measurement units
  United States  Iceland      Difference
Restaurants [Edit] [Edit]
Meal, Inexpensive Restaurant 11.00 $
(1,414.93 kr)
    15.55 $
(2,000.00 kr)
     +41.35 %
Meal for 2, Mid-range Restaurant, Three-course 50.00 $
(6,431.50 kr)
    93.29 $
(12,000.00 kr)
     +86.58 %
McMeal at McDonalds (or Equivalent Combo Meal) 6.75 $
(868.25 kr)
    11.66 $
(1,500.00 kr)
     +72.76 %
Domestic Beer (0.5 liter draught) 3.50 $
(450.20 kr)
    7.77 $
(1,000.00 kr)
     +122.12 %
Imported Beer (0.33 liter bottle) 5.00 $
(643.15 kr)
    6.22 $
(800.00 kr)
     +24.39 %
Cappuccino (regular) 3.74 $
(481.11 kr)
    3.85 $
(494.92 kr)
     +2.87 %
Coke/Pepsi (0.33 liter bottle) 1.65 $
(212.20 kr)
    2.07 $
(266.28 kr)
     +25.48 %
Water (0.33 liter bottle) 1.34 $
(172.07 kr)
    1.60 $
(205.99 kr)
     +19.71 %
 
Markets [Edit] [Edit]
Milk (regular), (1 gallon) 3.75 $
(482.78 kr)
    4.31 $
(554.44 kr)
     +14.84 %
Loaf of Fresh White Bread (1 lb) 2.27 $
(291.39 kr)
    2.16 $
(277.28 kr)
     -4.84 %
Rice (white), (1 lb) 1.50 $
(192.59 kr)
    1.33 $
(171.20 kr)
     -11.11 %
Eggs (12) 2.49 $
(320.79 kr)
    4.25 $
(546.15 kr)
     +70.25 %
Local Cheese (1 lb) 4.50 $
(578.90 kr)
    5.51 $
(708.81 kr)
     +22.44 %
Chicken Breasts (Boneless, Skinless), (1 lb) 3.84 $
(493.85 kr)
    7.70 $
(990.54 kr)
     +100.58 %
Apples (1 lb) 1.85 $
(238.43 kr)
    1.19 $
(153.42 kr)
     -35.65 %
Oranges (1 lb) 1.83 $
(234.81 kr)
    1.08 $
(139.47 kr)
     -40.61 %
Tomato (1 lb) 1.79 $
(229.86 kr)
    1.46 $
(187.40 kr)
     -18.47 %
Potato (1 lb) 1.19 $
(152.47 kr)
    0.77 $
(98.75 kr)
     -35.23 %
Lettuce (1 head) 1.58 $
(202.94 kr)
    2.54 $
(326.73 kr)
     +61.00 %
Water (1.5 liter bottle) 1.77 $
(227.16 kr)
    1.80 $
(231.68 kr)
     +1.99 %
Bottle of Wine (Mid-Range) 12.00 $
(1,543.56 kr)
    17.88 $
(2,300.00 kr)
     +49.01 %
Domestic Beer (0.5 liter bottle) 1.77 $
(227.78 kr)
    2.66 $
(342.11 kr)
     +50.19 %
Imported Beer (0.33 liter bottle) 2.38 $
(305.90 kr)
    2.60 $
(334.00 kr)
     +9.19 %
Pack of Cigarettes (Marlboro) 6.10 $
(784.64 kr)
    9.33 $
(1,200.00 kr)
     +52.94 %
 
Transportation [Edit] [Edit]
One-way Ticket (Local Transport) 2.00 $
(257.26 kr)
    3.11 $
(400.00 kr)
     +55.48 %
Monthly Pass (Regular Price) 65.00 $
(8,360.95 kr)
    77.74 $
(10,000.00 kr)
     +19.60 %
Taxi Start (Normal Tariff) 3.00 $
(385.89 kr)
    5.13 $
(660.00 kr)
     +71.03 %
Taxi 1 mile (Normal Tariff) 2.50 $
(321.58 kr)
    3.13 $
(402.34 kr)
     +25.11 %
Taxi 1hour Waiting (Normal Tariff) 30.00 $
(3,858.90 kr)
    51.89 $
(6,674.00 kr)
     +72.95 %
Gasoline (1 gallon) 2.84 $
(365.71 kr)
    6.37 $
(819.92 kr)
     +124.20 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 21,000.00 $
(2,701,230.00 kr)
    26,199.18 $
(3,370,000.00 kr)
     +24.76 %
 
Utilities (Monthly) [Edit] [Edit]
Basic (Electricity, Heating, Water, Garbage) for 915 sq ft Apartment 157.52 $
(20,261.27 kr)
    129.53 $
(16,661.16 kr)
     -17.77 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.16 $
(20.35 kr)
    0.14 $
(18.46 kr)
     -9.27 %
Internet (10 Mbps, Unlimited Data, Cable/ADSL) 47.96 $
(6,169.46 kr)
    61.85 $
(7,955.81 kr)
     +28.95 %
 
Sports And Leisure [Edit] [Edit]
Fitness Club, Monthly Fee for 1 Adult 37.11 $
(4,773.27 kr)
    61.86 $
(7,957.21 kr)
     +66.70 %
Tennis Court Rent (1 Hour on Weekend) 18.24 $
(2,345.81 kr)
    27.67 $
(3,559.82 kr)
     +51.75 %
Cinema, International Release, 1 Seat 10.00 $
(1,286.30 kr)
    10.11 $
(1,300.00 kr)
     +1.07 %
 
Clothing And Shoes [Edit] [Edit]
1 Pair of Jeans (Levis 501 Or Similar) 41.15 $
(5,293.23 kr)
    143.70 $
(18,483.73 kr)
     +249.20 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 35.78 $
(4,602.30 kr)
    79.95 $
(10,284.26 kr)
     +123.46 %
1 Pair of Nike Running Shoes (Mid-Range) 76.66 $
(9,860.38 kr)
    154.05 $
(19,815.41 kr)
     +100.96 %
1 Pair of Men Leather Business Shoes 87.31 $
(11,230.83 kr)
    187.38 $
(24,102.58 kr)
     +114.61 %
 
Rent Per Month [Edit] [Edit]
Apartment (1 bedroom) in City Centre 1,014.97 $
(130,555.60 kr)
    1,014.61 $
(130,509.91 kr)
     -0.03 %
Apartment (1 bedroom) Outside of Centre 793.22 $
(102,032.30 kr)
    789.63 $
(101,570.55 kr)
     -0.45 %
Apartment (3 bedrooms) in City Centre 1,731.22 $
(222,686.58 kr)
    1,550.58 $
(199,450.79 kr)
     -10.43 %
Apartment (3 bedrooms) Outside of Centre 1,342.41 $
(172,674.19 kr)
    1,277.05 $
(164,266.80 kr)
     -4.87 %
 
Buy Apartment Price [Edit] [Edit]
Price per Square Feet to Buy Apartment in City Centre 205.81 $
(26,473.95 kr)
    259.15 $
(33,335.02 kr)
     +25.92 %
Price per Square Feet to Buy Apartment Outside of Centre 132.55 $
(17,050.45 kr)
    187.44 $
(24,110.12 kr)
     +41.40 %
 
Salaries And Financing [Edit] [Edit]
Average Monthly Disposable Salary (After Tax) 2,686.94 $
(345,621.03 kr)
    2,171.42 $
(279,309.67 kr)
     -19.19 %
Mortgage Interest Rate in Percentages (%), Yearly 4.18     7.12      +70.25 %
 
Last updateSeptember, 2015August, 2015
Contributors:11124153
Data from past:18 months18 months
Currency: USD