Cost of Living Comparison Between Germany and Iceland Reverse

For major cities in those countries you get more relevant data by specifying cities.
City in Germany:
City in Iceland:
Indices DifferenceInfo
Consumer Prices in Iceland are 43.69% higher than in Germany (without rent)
Consumer Prices Including Rent in Iceland are 44.02% higher than in Germany
Rent Prices in Iceland are 44.88% higher than in Germany
Restaurant Prices in Iceland are 68.21% higher than in Germany
Groceries Prices in Iceland are 66.01% higher than in Germany
Local Purchasing Power in Iceland is 22.08% lower than in Germany
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Germany Edit Iceland Edit Difference
Meal, Inexpensive Restaurant 12.00 €
(1,702.41 kr)
17.62 €
(2,500.00 kr)
     +46.85 %
Meal for 2 People, Mid-range Restaurant, Three-course 50.00 €
(7,093.39 kr)
98.68 €
(14,000.00 kr)
     +97.37 %
McMeal at McDonalds (or Equivalent Combo Meal) 8.00 €
(1,134.94 kr)
14.10 €
(2,000.00 kr)
     +76.22 %
Domestic Beer (1 pint draught) 4.00 €
(567.47 kr)
8.46 €
(1,200.00 kr)
     +111.46 %
Imported Beer (12 oz small bottle) 3.50 €
(496.54 kr)
7.75 €
(1,100.00 kr)
     +121.53 %
Cappuccino (regular) 2.97 €
(422.02 kr)
4.26 €
(604.68 kr)
     +43.28 %
Coke/Pepsi (12 oz small bottle) 2.48 €
(351.16 kr)
2.45 €
(348.15 kr)
     -0.86 %
Water (12 oz small bottle) 2.20 €
(311.59 kr)
1.95 €
(277.07 kr)
     -11.08 %
Markets
Germany Edit Iceland Edit
Milk (regular), (1 gallon) 3.67 €
(520.55 kr)
5.20 €
(737.53 kr)
     +41.68 %
Loaf of Fresh White Bread (1 lb) 1.55 €
(220.51 kr)
2.76 €
(391.18 kr)
     +77.40 %
Rice (white), (1 lb) 0.89 €
(126.93 kr)
1.30 €
(183.77 kr)
     +44.78 %
Eggs (regular) (12) 2.56 €
(362.53 kr)
5.21 €
(739.02 kr)
     +103.85 %
Local Cheese (1 lb) 5.25 €
(744.98 kr)
5.83 €
(827.69 kr)
     +11.10 %
Chicken Fillets (1 lb) 3.42 €
(484.50 kr)
7.17 €
(1,017.35 kr)
     +109.98 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.37 €
(903.67 kr)
10.63 €
(1,507.43 kr)
     +66.81 %
Apples (1 lb) 1.12 €
(158.44 kr)
1.29 €
(183.02 kr)
     +15.52 %
Banana (1 lb) 0.74 €
(104.74 kr)
0.97 €
(137.52 kr)
     +31.29 %
Oranges (1 lb) 0.96 €
(136.84 kr)
1.05 €
(148.26 kr)
     +8.35 %
Tomato (1 lb) 0.56 €
(80.10 kr)
1.80 €
(255.01 kr)
     +218.36 %
Potato (1 lb) 0.71 €
(100.32 kr)
1.09 €
(154.34 kr)
     +53.84 %
Onion (1 lb) 0.44 €
(62.46 kr)
0.59 €
(83.60 kr)
     +33.84 %
Lettuce (1 head) 1.21 €
(171.39 kr)
2.43 €
(344.65 kr)
     +101.09 %
Water (1.5 liter bottle) 0.55 €
(78.33 kr)
1.77 €
(250.44 kr)
     +219.74 %
Bottle of Wine (Mid-Range) 5.00 €
(709.34 kr)
17.62 €
(2,500.00 kr)
     +252.44 %
Domestic Beer (0.5 liter bottle) 0.63 €
(88.92 kr)
2.96 €
(419.30 kr)
     +371.53 %
Imported Beer (12 oz small bottle) 1.42 €
(202.13 kr)
2.58 €
(365.64 kr)
     +80.89 %
Cigarettes 20 Pack (Marlboro) 7.20 €
(1,021.45 kr)
10.86 €
(1,540.00 kr)
     +50.77 %
Transportation
Germany Edit Iceland Edit
One-way Ticket (Local Transport) 2.80 €
(397.23 kr)
3.45 €
(490.00 kr)
     +23.35 %
Monthly Pass (Regular Price) 70.00 €
(9,930.75 kr)
56.39 €
(8,000.00 kr)
     -19.44 %
Taxi Start (Normal Tariff) 3.50 €
(496.54 kr)
5.22 €
(740.00 kr)
     +49.03 %
Taxi 1 mile (Normal Tariff) 3.22 €
(456.63 kr)
3.97 €
(563.27 kr)
     +23.35 %
Taxi 1hour Waiting (Normal Tariff) 30.00 €
(4,256.04 kr)
55.83 €
(7,920.00 kr)
     +86.09 %
Gasoline (1 gallon) 8.21 €
(1,164.55 kr)
7.90 €
(1,120.74 kr)
     -3.76 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 24,999.00 €
(3,546,554.45 kr)
29,605.02 €
(4,200,000.00 kr)
     +18.42 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 24,723.17 €
(3,507,422.46 kr)
32,992.16 €
(4,680,526.32 kr)
     +33.45 %
Utilities (Monthly)
Germany Edit Iceland Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 241.83 €
(34,308.48 kr)
111.53 €
(15,822.12 kr)
     -53.88 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.10 €
(14.68 kr)
0.16 €
(23.24 kr)
     +58.28 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 34.75 €
(4,930.18 kr)
65.72 €
(9,323.90 kr)
     +89.12 %
Sports And Leisure
Germany Edit Iceland Edit
Fitness Club, Monthly Fee for 1 Adult 31.39 €
(4,453.09 kr)
61.02 €
(8,656.52 kr)
     +94.39 %
Tennis Court Rent (1 Hour on Weekend) 20.75 €
(2,943.72 kr)
32.61 €
(4,625.77 kr)
     +57.14 %
Cinema, International Release, 1 Seat 12.00 €
(1,702.41 kr)
11.98 €
(1,700.00 kr)
     -0.14 %
Childcare
Germany Edit Iceland Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 331.62 €
(47,046.77 kr)
270.21 €
(38,333.89 kr)
     -18.52 %
International Primary School, Yearly for 1 Child 11,883.29 €
(1,685,856.50 kr)
5,197.32 €
(737,333.33 kr)
     -56.26 %
Clothing And Shoes
Germany Edit Iceland Edit
1 Pair of Jeans (Levis 501 Or Similar) 77.94 €
(11,056.86 kr)
111.05 €
(15,754.81 kr)
     +42.49 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 36.49 €
(5,176.80 kr)
51.69 €
(7,332.86 kr)
     +41.65 %
1 Pair of Nike Running Shoes (Mid-Range) 81.42 €
(11,551.22 kr)
144.08 €
(20,440.34 kr)
     +76.95 %
1 Pair of Men Leather Business Shoes 106.27 €
(15,076.51 kr)
175.70 €
(24,926.82 kr)
     +65.34 %
Rent Per Month
Germany Edit Iceland Edit
Apartment (1 bedroom) in City Centre 870.52 €
(123,498.40 kr)
1,390.71 €
(197,297.30 kr)
     +59.76 %
Apartment (1 bedroom) Outside of Centre 618.27 €
(87,712.44 kr)
1,122.83 €
(159,294.12 kr)
     +81.61 %
Apartment (3 bedrooms) in City Centre 1,588.49 €
(225,355.02 kr)
1,947.75 €
(276,323.53 kr)
     +22.62 %
Apartment (3 bedrooms) Outside of Centre 1,172.38 €
(166,323.15 kr)
1,695.60 €
(240,551.77 kr)
     +44.63 %
Buy Apartment Price
Germany Edit Iceland Edit
Price per Square Feet to Buy Apartment in City Centre 628.75 €
(89,200.10 kr)
474.23 €
(67,278.21 kr)
     -24.58 %
Price per Square Feet to Buy Apartment Outside of Centre 446.27 €
(63,311.35 kr)
357.66 €
(50,741.14 kr)
     -19.85 %
Salaries And Financing
Germany Edit Iceland Edit
Average Monthly Net Salary (After Tax) 2,757.29 €
(391,171.01 kr)
3,094.12 €
(438,956.21 kr)
     +12.22 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.04 5.55      +172.41 %
Last update: October 2022October 2022
Contributors in the past 12 months:3302208