Cost of Living Comparison Between Iceland and Ireland 
| Indices Difference |  |
|---|---|
| Consumer Prices in Ireland are 21.8% lower than in Iceland (without rent) | |
| Consumer Prices Including Rent in Ireland are 12.7% lower than in Iceland | |
| Rent Prices in Ireland are 8.2% higher than in Iceland | |
| Restaurant Prices in Ireland are 25.0% lower than in Iceland | |
| Groceries Prices in Ireland are 32.4% lower than in Iceland | |
| Local Purchasing Power in Ireland is 15.6% lower than in Iceland | |
Restaurants | Iceland Edit |
Ireland Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
3,000.00 kr (19.96 €) |
2,404.88 kr (16.00 €) |
-19.8 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
16,000.00 kr (106.45 €) |
12,024.38 kr (80.00 €) |
-24.8 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
2,299.50 kr (15.30 €) |
1,352.74 kr (9.00 €) |
-41.2 % |
| Domestic Beer (1 pint draught) |
1,447.50 kr (9.63 €) |
901.83 kr (6.00 €) |
-37.7 % |
| Imported Beer (12 oz small bottle) |
1,200.00 kr (7.98 €) |
826.68 kr (5.50 €) |
-31.1 % |
| Cappuccino (regular) |
684.27 kr (4.55 €) |
539.24 kr (3.59 €) |
-21.2 % |
| Coke/Pepsi (12 oz small bottle) |
392.91 kr (2.61 €) |
340.55 kr (2.27 €) |
-13.3 % |
| Water (12 oz small bottle) |
295.60 kr (1.97 €) |
260.67 kr (1.73 €) |
-11.8 % |
Markets | Iceland Edit |
Ireland Edit | |
| Milk (regular), (1 gallon) |
851.36 kr (5.66 €) |
706.86 kr (4.70 €) |
-17.0 % |
| Loaf of Fresh White Bread (1 lb) |
436.03 kr (2.90 €) |
235.94 kr (1.57 €) |
-45.9 % |
| Rice (white), (1 lb) |
200.69 kr (1.34 €) |
108.91 kr (0.72 €) |
-45.7 % |
| Eggs (regular) (12) |
799.63 kr (5.32 €) |
551.38 kr (3.67 €) |
-31.0 % |
| Local Cheese (1 lb) |
922.17 kr (6.14 €) |
565.66 kr (3.76 €) |
-38.7 % |
| Chicken Fillets (1 lb) |
1,174.00 kr (7.81 €) |
639.21 kr (4.25 €) |
-45.6 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
1,944.92 kr (12.94 €) |
717.29 kr (4.77 €) |
-63.1 % |
| Apples (1 lb) |
197.01 kr (1.31 €) |
172.17 kr (1.15 €) |
-12.6 % |
| Banana (1 lb) |
139.16 kr (0.93 €) |
130.11 kr (0.87 €) |
-6.5 % |
| Oranges (1 lb) |
171.20 kr (1.14 €) |
172.56 kr (1.15 €) |
+0.8 % |
| Tomato (1 lb) |
292.63 kr (1.95 €) |
212.86 kr (1.42 €) |
-27.3 % |
| Potato (1 lb) |
192.76 kr (1.28 €) |
118.33 kr (0.79 €) |
-38.6 % |
| Onion (1 lb) |
120.36 kr (0.80 €) |
87.98 kr (0.59 €) |
-26.9 % |
| Lettuce (1 head) |
434.00 kr (2.89 €) |
164.09 kr (1.09 €) |
-62.2 % |
| Water (1.5 liter bottle) |
293.59 kr (1.95 €) |
229.47 kr (1.53 €) |
-21.8 % |
| Bottle of Wine (Mid-Range) |
2,750.00 kr (18.30 €) |
1,803.66 kr (12.00 €) |
-34.4 % |
| Domestic Beer (0.5 liter bottle) |
439.70 kr (2.93 €) |
444.27 kr (2.96 €) |
+1.0 % |
| Imported Beer (12 oz small bottle) |
369.58 kr (2.46 €) |
491.37 kr (3.27 €) |
+33.0 % |
| Cigarettes 20 Pack (Marlboro) |
1,600.00 kr (10.65 €) |
2,329.72 kr (15.50 €) |
+45.6 % |
Transportation | Iceland Edit |
Ireland Edit | |
| One-way Ticket (Local Transport) |
570.00 kr (3.79 €) |
300.61 kr (2.00 €) |
-47.3 % |
| Monthly Pass (Regular Price) |
9,300.00 kr (61.87 €) |
15,030.47 kr (100.00 €) |
+61.6 % |
| Taxi Start (Normal Tariff) |
730.00 kr (4.86 €) |
676.37 kr (4.50 €) |
-7.3 % |
| Taxi 1 mile (Normal Tariff) |
487.63 kr (3.24 €) |
362.84 kr (2.41 €) |
-25.6 % |
| Taxi 1hour Waiting (Normal Tariff) |
9,360.00 kr (62.27 €) |
4,509.14 kr (30.00 €) |
-51.8 % |
| Gasoline (1 gallon) |
1,178.79 kr (7.84 €) |
1,010.33 kr (6.72 €) |
-14.3 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
5,290,000.00 kr (35,195.17 €) |
5,512,425.65 kr (36,675.00 €) |
+4.2 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
5,774,916.67 kr (38,421.39 €) |
4,921,099.63 kr (32,740.82 €) |
-14.8 % |
Utilities (Monthly) | Iceland Edit |
Ireland Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
14,762.77 kr (98.22 €) |
32,035.76 kr (213.14 €) |
+117.0 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
3,320.53 kr (22.09 €) |
3,116.51 kr (20.73 €) |
-6.1 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
9,865.73 kr (65.64 €) |
7,316.99 kr (48.68 €) |
-25.8 % |
Sports And Leisure | Iceland Edit |
Ireland Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
8,865.14 kr (58.98 €) |
7,187.49 kr (47.82 €) |
-18.9 % |
| Tennis Court Rent (1 Hour on Weekend) |
4,248.33 kr (28.26 €) |
3,138.37 kr (20.88 €) |
-26.1 % |
| Cinema, International Release, 1 Seat |
2,000.00 kr (13.31 €) |
1,803.66 kr (12.00 €) |
-9.8 % |
Childcare | Iceland Edit |
Ireland Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
36,663.56 kr (243.93 €) |
162,778.71 kr (1,082.99 €) |
+344.0 % |
| International Primary School, Yearly for 1 Child |
776,250.00 kr (5,164.51 €) |
1,260,373.41 kr (8,385.45 €) |
+62.4 % |
Clothing And Shoes | Iceland Edit |
Ireland Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
16,025.31 kr (106.62 €) |
12,502.43 kr (83.18 €) |
-22.0 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
6,962.11 kr (46.32 €) |
5,794.63 kr (38.55 €) |
-16.8 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
21,026.67 kr (139.89 €) |
12,823.67 kr (85.32 €) |
-39.0 % |
| 1 Pair of Men Leather Business Shoes |
24,089.05 kr (160.27 €) |
13,514.21 kr (89.91 €) |
-43.9 % |
Rent Per Month | Iceland Edit |
Ireland Edit | |
| Apartment (1 bedroom) in City Centre |
242,702.09 kr (1,614.73 €) |
244,318.33 kr (1,625.49 €) |
+0.7 % |
| Apartment (1 bedroom) Outside of Centre |
216,068.25 kr (1,437.53 €) |
212,838.09 kr (1,416.04 €) |
-1.5 % |
| Apartment (3 bedrooms) in City Centre |
341,073.17 kr (2,269.21 €) |
408,994.31 kr (2,721.10 €) |
+19.9 % |
| Apartment (3 bedrooms) Outside of Centre |
308,918.92 kr (2,055.28 €) |
333,488.60 kr (2,218.75 €) |
+8.0 % |
Buy Apartment Price | Iceland Edit |
Ireland Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
73,973.43 kr (492.16 €) |
66,261.95 kr (440.85 €) |
-10.4 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
60,044.24 kr (399.48 €) |
50,033.37 kr (332.88 €) |
-16.7 % |
Salaries And Financing | Iceland Edit |
Ireland Edit | |
| Average Monthly Net Salary (After Tax) |
583,770.74 kr (3,883.91 €) |
430,294.03 kr (2,862.81 €) |
-26.3 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 7.37 | 4.41 | -40.1 % |
| Last update: | April 2024 | May 2024 | |
| Contributors in the past 12 months: | 199 | 828 |
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