Cost of Living Comparison Between Iceland and North Macedonia Reverse

For major cities in these countries you get more relevant data by specifying cities.
City in Iceland:
City in North Macedonia:
Indices DifferenceInfo
Cost of Living in North Macedonia is 66.0% lower than in Iceland (excluding rent)
Cost of Living Including Rent in North Macedonia is 71.8% lower than in Iceland
Rent Prices in North Macedonia are 86.1% lower than in Iceland
Restaurant Prices in North Macedonia are 74.7% lower than in Iceland
Groceries Prices in North Macedonia are 68.6% lower than in Iceland
Local Purchasing Power in North Macedonia is 45.2% lower than in Iceland
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
 Iceland Edit North Macedonia Edit Difference
Meal at an Inexpensive Restaurant €24.25
(3,400.00 kr)		 €6.50
(400.00 ден)		      -73.2 %
Meal for Two at a Mid-Range Restaurant (Three Courses, Without Drinks) €107.00
(15,000.00 kr)		 €24.36
(1,500.00 ден)		      -77.2 %
Combo Meal at McDonald's (or Equivalent Fast-Food Meal) €20.69
(2,900.00 kr)		 €4.87
(300.00 ден)		      -76.5 %
Domestic Draft Beer (1 Pint) €10.70
(1,500.00 kr)		 €1.95
(120.00 ден)		      -81.8 %
Imported Beer (12 oz Small Bottle) €10.70
(1,500.00 kr)		 €2.33
(143.69 ден)		      -78.2 %
Cappuccino (Regular Size) €5.46
(765.46 kr)		 €1.55
(95.23 ден)		      -71.7 %
Soft Drink (Coca-Cola or Pepsi, 12 oz Small Bottle) €2.78
(389.83 kr)		 €1.45
(89.42 ден)		      -47.8 %
Bottled Water (12 oz) €2.68
(376.14 kr)		 €1.05
(64.66 ден)		      -60.9 %
Markets
 Iceland Edit North Macedonia Edit
Milk (Regular, 1 Liter) €1.78
(249.29 kr)		 €1.13
(69.80 ден)		      -36.3 %
Fresh White Bread (1 lb Loaf) €3.22
(451.82 kr)		 €0.56
(34.57 ден)		      -82.6 %
White Rice (1 lb) €1.39
(195.42 kr)		 €0.65
(39.83 ден)		      -53.6 %
Eggs (12, Large Size) €6.18
(866.18 kr)		 €2.01
(124.00 ден)		      -67.4 %
Local Cheese (1 lb) €8.07
(1,131.71 kr)		 €3.32
(204.39 ден)		      -58.9 %
Chicken Fillets (1 lb) €9.85
(1,381.35 kr)		 €2.68
(164.95 ден)		      -72.8 %
Beef Round or Equivalent Back Leg Red Meat (1 lb) €16.43
(2,302.55 kr)		 €4.77
(293.61 ден)		      -71.0 %
Apples (1 lb) €1.25
(175.86 kr)		 €0.48
(29.27 ден)		      -62.1 %
Bananas (1 lb) €1.09
(152.43 kr)		 €0.57
(35.16 ден)		      -47.5 %
Oranges (1 lb) €1.24
(173.76 kr)		 €0.53
(32.80 ден)		      -57.0 %
Tomatoes (1 lb) €2.28
(319.69 kr)		 €0.75
(46.48 ден)		      -66.9 %
Potatoes (1 lb) €1.55
(216.78 kr)		 €0.37
(22.59 ден)		      -76.3 %
Onions (1 lb) €0.74
(103.99 kr)		 €0.39
(23.92 ден)		      -47.6 %
Lettuce (1 Head) €3.22
(451.33 kr)		 €0.56
(34.67 ден)		      -82.5 %
Bottled Water (50 oz) €1.65
(231.38 kr)		 €0.49
(29.99 ден)		      -70.5 %
Bottle of Wine (Mid-Range) €19.97
(2,800.00 kr)		 €4.87
(300.00 ден)		      -75.6 %
Domestic Beer (16.9 oz Bottle) €3.33
(466.60 kr)		 €0.92
(56.75 ден)		      -72.3 %
Imported Beer (12 oz Small Bottle) €2.87
(402.00 kr)		 €1.21
(74.42 ден)		      -57.9 %
Cigarettes (Pack of 20, Marlboro) €12.31
(1,725.00 kr)		 €2.92
(180.00 ден)		      -76.2 %
Transportation
 Iceland Edit North Macedonia Edit
One-Way Ticket (Local Transport) €4.78
(670.00 kr)		 €0.65
(40.00 ден)		      -86.4 %
Monthly Public Transport Pass (Regular Price) €79.90
(11,200.00 kr)		 €24.36
(1,500.00 ден)		      -69.5 %
Taxi Start (Standard Tariff) €5.85
(820.00 kr)		 €1.14
(70.00 ден)		      -80.6 %
Taxi 1 mile (Standard Tariff) €3.96
(555.22 kr)		 €0.99
(61.16 ден)		      -74.9 %
Taxi 1 Hour Waiting (Standard Tariff) €64.20
(9,000.00 kr)		 €6.09
(375.00 ден)		      -90.5 %
Gasoline (1 Liter) €2.01
(281.81 kr)		 €1.29
(79.67 ден)		      -35.6 %
Volkswagen Golf 1.5 (or Equivalent New Compact Car) €44,156.35
(6,190,000.00 kr)		 €30,145.35
(1,856,490.00 ден)		      -31.7 %
Toyota Corolla Sedan 1.6 (or Equivalent New Mid-Size Car) €46,715.49
(6,548,750.00 kr)		 €25,682.42
(1,581,641.68 ден)		      -45.0 %
Utilities (Monthly)
 Iceland Edit North Macedonia Edit
Basic Utilities for 915 Square Feet Apartment (Electricity, Heating, Cooling, Water, Garbage) €83.82
(11,750.82 kr)		 €129.62
(7,982.43 ден)		      +54.6 %
Mobile Phone Plan (Monthly, with Calls and 10GB+ Data) €28.74
(4,028.75 kr)		 €15.17
(934.38 ден)		      -47.2 %
Broadband Internet (Unlimited Data, 60 Mbps or Higher) €76.20
(10,681.54 kr)		 €16.04
(987.67 ден)		      -79.0 %
Sports And Leisure
 Iceland Edit North Macedonia Edit
Monthly Fitness Club Membership €81.55
(11,432.05 kr)		 €24.19
(1,489.66 ден)		      -70.3 %
Tennis Court Rental (1 Hour, Weekend) €43.99
(6,166.67 kr)		 €12.39
(763.16 ден)		      -71.8 %
Cinema Ticket (International Release) €16.76
(2,350.00 kr)		 €5.68
(350.00 ден)		      -66.1 %
Childcare
 Iceland Edit North Macedonia Edit
Private Full-Day Preschool or Kindergarten, Monthly Fee per Child €781.77
(109,591.05 kr)		 €250.19
(15,408.13 ден)		      -68.0 %
International Primary School, Annual Tuition per Child €26,709.92
(3,744,295.00 kr)		 €3,910.92
(240,852.40 ден)		      -85.4 %
Clothing And Shoes
 Iceland Edit North Macedonia Edit
Jeans (Levi's 501 or Similar) €132.61
(18,590.00 kr)		 €61.26
(3,772.51 ден)		      -53.8 %
Summer Dress in a Chain Store (e.g. Zara or H&M) €42.26
(5,923.75 kr)		 €34.44
(2,120.98 ден)		      -18.5 %
Nike Running Shoes (Mid-Range) €152.35
(21,357.14 kr)		 €79.01
(4,865.61 ден)		      -48.1 %
Men's Leather Business Shoes €204.49
(28,666.67 kr)		 €90.38
(5,565.89 ден)		      -55.8 %
Rent Per Month
 Iceland Edit North Macedonia Edit
1 Bedroom Apartment in City Centre €2,114.49
(296,416.67 kr)		 €268.42
(16,530.58 ден)		      -87.3 %
1 Bedroom Apartment Outside of City Centre €1,707.42
(239,352.94 kr)		 €209.40
(12,896.08 ден)		      -87.7 %
3 Bedroom Apartment in City Centre €2,949.43
(413,461.54 kr)		 €465.89
(28,691.49 ден)		      -84.2 %
3 Bedroom Apartment Outside of City Centre €2,346.47
(328,937.50 kr)		 €323.87
(19,945.41 ден)		      -86.2 %
Buy Apartment Price
 Iceland Edit North Macedonia Edit
Price per Square Feet to Buy Apartment in City Centre €624.96
(87,609.14 kr)		 €158.34
(9,751.58 ден)		      -74.7 %
Price per Square Feet to Buy Apartment Outside of Centre €510.09
(71,506.04 kr)		 €107.03
(6,591.37 ден)		      -79.0 %
Salaries And Financing
 Iceland Edit North Macedonia Edit
Average Monthly Net Salary (After Tax) €4,245.08
(595,090.75 kr)		 €655.30
(40,356.45 ден)		      -84.6 %
Annual Mortgage Interest Rate (20-Year Fixed, in %) 9.42 4.73      -49.7 %
Last update: 28 August 202625 August 2026
Contributors in the past 12 months:103123
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