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 44.95% higher than in Germany (without rent)
Consumer Prices Including Rent in Iceland are 48.11% higher than in Germany
Rent Prices in Iceland are 56.53% higher than in Germany
Restaurant Prices in Iceland are 63.80% higher than in Germany
Groceries Prices in Iceland are 73.64% higher than in Germany
Local Purchasing Power in Iceland is 26.12% lower than in Germany
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Germany Edit Iceland Edit Difference
Meal, Inexpensive Restaurant 10.00 €
(1,497.96 kr)
16.69 €
(2,500.00 kr)
     +66.89 %
Meal for 2 People, Mid-range Restaurant, Three-course 50.00 €
(7,489.78 kr)
86.78 €
(13,000.00 kr)
     +73.57 %
McMeal at McDonalds (or Equivalent Combo Meal) 8.00 €
(1,198.36 kr)
12.02 €
(1,800.00 kr)
     +50.20 %
Domestic Beer (1 pint draught) 3.50 €
(524.28 kr)
8.01 €
(1,200.00 kr)
     +128.88 %
Imported Beer (12 oz small bottle) 3.50 €
(524.28 kr)
6.68 €
(1,000.00 kr)
     +90.74 %
Cappuccino (regular) 2.81 €
(420.98 kr)
3.84 €
(575.20 kr)
     +36.63 %
Coke/Pepsi (12 oz small bottle) 2.40 €
(359.16 kr)
2.28 €
(341.35 kr)
     -4.96 %
Water (12 oz small bottle) 2.09 €
(312.68 kr)
1.71 €
(255.93 kr)
     -18.15 %
Markets
Germany Edit Iceland Edit
Milk (regular), (1 gallon) 3.34 €
(500.00 kr)
4.42 €
(662.62 kr)
     +32.52 %
Loaf of Fresh White Bread (1 lb) 1.20 €
(179.66 kr)
2.57 €
(384.70 kr)
     +114.12 %
Rice (white), (1 lb) 0.88 €
(131.23 kr)
1.10 €
(165.07 kr)
     +25.78 %
Eggs (regular) (12) 2.28 €
(340.94 kr)
4.62 €
(692.69 kr)
     +103.17 %
Local Cheese (1 lb) 4.23 €
(633.18 kr)
5.19 €
(776.90 kr)
     +22.70 %
Chicken Fillets (1 lb) 3.12 €
(467.07 kr)
6.20 €
(928.57 kr)
     +98.81 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 4.71 €
(705.73 kr)
10.28 €
(1,539.92 kr)
     +118.20 %
Apples (1 lb) 1.07 €
(159.81 kr)
1.06 €
(158.31 kr)
     -0.94 %
Banana (1 lb) 0.75 €
(112.19 kr)
0.87 €
(130.48 kr)
     +16.30 %
Oranges (1 lb) 0.88 €
(132.37 kr)
0.95 €
(142.14 kr)
     +7.38 %
Tomato (1 lb) 0.63 €
(94.77 kr)
1.75 €
(261.92 kr)
     +176.38 %
Potato (1 lb) 0.59 €
(88.24 kr)
1.03 €
(153.67 kr)
     +74.15 %
Onion (1 lb) 0.58 €
(87.19 kr)
0.52 €
(78.42 kr)
     -10.06 %
Lettuce (1 head) 1.00 €
(149.57 kr)
2.16 €
(323.12 kr)
     +116.03 %
Water (1.5 liter bottle) 0.41 €
(60.79 kr)
1.61 €
(240.95 kr)
     +296.37 %
Bottle of Wine (Mid-Range) 5.00 €
(748.98 kr)
17.69 €
(2,650.00 kr)
     +253.82 %
Domestic Beer (0.5 liter bottle) 0.63 €
(94.21 kr)
2.70 €
(403.91 kr)
     +328.75 %
Imported Beer (12 oz small bottle) 1.37 €
(204.61 kr)
2.56 €
(383.11 kr)
     +87.24 %
Cigarettes 20 Pack (Marlboro) 7.00 €
(1,048.57 kr)
10.01 €
(1,500.00 kr)
     +43.05 %
Transportation
Germany Edit Iceland Edit
One-way Ticket (Local Transport) 2.80 €
(419.43 kr)
3.20 €
(480.00 kr)
     +14.44 %
Monthly Pass (Regular Price) 70.00 €
(10,485.69 kr)
85.45 €
(12,800.00 kr)
     +22.07 %
Taxi Start (Normal Tariff) 3.50 €
(524.28 kr)
4.67 €
(700.00 kr)
     +33.52 %
Taxi 1 mile (Normal Tariff) 3.22 €
(482.15 kr)
3.39 €
(507.75 kr)
     +5.31 %
Taxi 1hour Waiting (Normal Tariff) 30.00 €
(4,493.87 kr)
52.87 €
(7,920.00 kr)
     +76.24 %
Gasoline (1 gallon) 5.37 €
(804.61 kr)
5.73 €
(857.72 kr)
     +6.60 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 22,983.50 €
(3,442,826.54 kr)
25,301.15 €
(3,790,000.00 kr)
     +10.08 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 22,554.11 €
(3,378,505.15 kr)
28,922.08 €
(4,332,400.00 kr)
     +28.23 %
Utilities (Monthly)
Germany Edit Iceland Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 224.38 €
(33,610.64 kr)
101.95 €
(15,271.96 kr)
     -54.56 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.10 €
(15.34 kr)
0.14 €
(20.57 kr)
     +34.11 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 32.74 €
(4,904.40 kr)
57.99 €
(8,686.18 kr)
     +77.11 %
Sports And Leisure
Germany Edit Iceland Edit
Fitness Club, Monthly Fee for 1 Adult 30.27 €
(4,533.80 kr)
50.67 €
(7,590.86 kr)
     +67.43 %
Tennis Court Rent (1 Hour on Weekend) 19.46 €
(2,915.38 kr)
30.32 €
(4,542.33 kr)
     +55.81 %
Cinema, International Release, 1 Seat 11.00 €
(1,647.75 kr)
10.98 €
(1,645.00 kr)
     -0.17 %
Childcare
Germany Edit Iceland Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 322.83 €
(48,357.91 kr)
243.57 €
(36,485.68 kr)
     -24.55 %
International Primary School, Yearly for 1 Child 11,972.46 €
(1,793,421.19 kr)
4,536.18 €
(679,500.00 kr)
     -62.11 %
Clothing And Shoes
Germany Edit Iceland Edit
1 Pair of Jeans (Levis 501 Or Similar) 76.12 €
(11,402.76 kr)
102.49 €
(15,353.17 kr)
     +34.64 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 34.92 €
(5,230.41 kr)
51.42 €
(7,702.63 kr)
     +47.27 %
1 Pair of Nike Running Shoes (Mid-Range) 78.79 €
(11,802.94 kr)
129.71 €
(19,430.36 kr)
     +64.62 %
1 Pair of Men Leather Business Shoes 106.28 €
(15,920.62 kr)
160.54 €
(24,048.24 kr)
     +51.05 %
Rent Per Month
Germany Edit Iceland Edit
Apartment (1 bedroom) in City Centre 731.47 €
(109,571.45 kr)
1,243.54 €
(186,276.60 kr)
     +70.00 %
Apartment (1 bedroom) Outside of Centre 549.72 €
(82,344.89 kr)
1,047.43 €
(156,899.96 kr)
     +90.54 %
Apartment (3 bedrooms) in City Centre 1,390.68 €
(208,317.67 kr)
1,879.37 €
(281,521.74 kr)
     +35.14 %
Apartment (3 bedrooms) Outside of Centre 1,036.87 €
(155,317.91 kr)
1,635.07 €
(244,926.83 kr)
     +57.69 %
Buy Apartment Price
Germany Edit Iceland Edit
Price per Square Feet to Buy Apartment in City Centre 487.51 €
(73,026.65 kr)
353.62 €
(52,971.07 kr)
     -27.46 %
Price per Square Feet to Buy Apartment Outside of Centre 337.54 €
(50,561.57 kr)
275.38 €
(41,250.99 kr)
     -18.41 %
Salaries And Financing
Germany Edit Iceland Edit
Average Monthly Net Salary (After Tax) 2,525.62 €
(378,327.21 kr)
2,763.63 €
(413,979.11 kr)
     +9.42 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 1.81 5.21      +186.99 %
Last update: September 2021September 2021
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