Cost of Living Comparison Between Iceland and Portugal Reverse

For major cities in those countries you get more relevant data by specifying cities.
City in Iceland:
City in Portugal:
Indices DifferenceInfo
Consumer Prices in Portugal are 45.1% lower than in Iceland (without rent)
Consumer Prices Including Rent in Portugal are 43.5% lower than in Iceland
Rent Prices in Portugal are 39.8% lower than in Iceland
Restaurant Prices in Portugal are 54.6% lower than in Iceland
Groceries Prices in Portugal are 53.6% lower than in Iceland
Local Purchasing Power in Portugal is 51.4% lower than in Iceland
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Iceland Edit Portugal Edit Difference
Meal, Inexpensive Restaurant 2,500.00 kr
(16.44 €)
1,369.01 kr
(9.00 €)
     -45.2 %
Meal for 2 People, Mid-range Restaurant, Three-course 15,000.00 kr
(98.61 €)
6,084.48 kr
(40.00 €)
     -59.4 %
McMeal at McDonalds (or Equivalent Combo Meal) 2,000.00 kr
(13.15 €)
1,064.78 kr
(7.00 €)
     -46.8 %
Domestic Beer (1 pint draught) 1,200.00 kr
(7.89 €)
304.22 kr
(2.00 €)
     -74.6 %
Imported Beer (12 oz small bottle) 1,000.00 kr
(6.57 €)
304.22 kr
(2.00 €)
     -69.6 %
Cappuccino (regular) 593.07 kr
(3.90 €)
221.11 kr
(1.45 €)
     -62.7 %
Coke/Pepsi (12 oz small bottle) 343.04 kr
(2.26 €)
211.87 kr
(1.39 €)
     -38.2 %
Water (12 oz small bottle) 271.40 kr
(1.78 €)
154.63 kr
(1.02 €)
     -43.0 %
Markets
Iceland Edit Portugal Edit
Milk (regular), (1 gallon) 762.53 kr
(5.01 €)
436.04 kr
(2.87 €)
     -42.8 %
Loaf of Fresh White Bread (1 lb) 382.67 kr
(2.52 €)
160.26 kr
(1.05 €)
     -58.1 %
Rice (white), (1 lb) 185.78 kr
(1.22 €)
75.02 kr
(0.49 €)
     -59.6 %
Eggs (regular) (12) 736.10 kr
(4.84 €)
327.93 kr
(2.16 €)
     -55.5 %
Local Cheese (1 lb) 827.42 kr
(5.44 €)
535.36 kr
(3.52 €)
     -35.3 %
Chicken Fillets (1 lb) 1,042.08 kr
(6.85 €)
395.27 kr
(2.60 €)
     -62.1 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 1,578.09 kr
(10.37 €)
645.93 kr
(4.25 €)
     -59.1 %
Apples (1 lb) 194.11 kr
(1.28 €)
116.87 kr
(0.77 €)
     -39.8 %
Banana (1 lb) 137.39 kr
(0.90 €)
79.33 kr
(0.52 €)
     -42.3 %
Oranges (1 lb) 157.31 kr
(1.03 €)
91.55 kr
(0.60 €)
     -41.8 %
Tomato (1 lb) 270.89 kr
(1.78 €)
117.45 kr
(0.77 €)
     -56.6 %
Potato (1 lb) 162.27 kr
(1.07 €)
72.43 kr
(0.48 €)
     -55.4 %
Onion (1 lb) 84.86 kr
(0.56 €)
80.69 kr
(0.53 €)
     -4.9 %
Lettuce (1 head) 358.71 kr
(2.36 €)
159.37 kr
(1.05 €)
     -55.6 %
Water (1.5 liter bottle) 240.59 kr
(1.58 €)
86.76 kr
(0.57 €)
     -63.9 %
Bottle of Wine (Mid-Range) 2,550.00 kr
(16.76 €)
608.45 kr
(4.00 €)
     -76.1 %
Domestic Beer (0.5 liter bottle) 417.43 kr
(2.74 €)
164.35 kr
(1.08 €)
     -60.6 %
Imported Beer (12 oz small bottle) 359.32 kr
(2.36 €)
282.36 kr
(1.86 €)
     -21.4 %
Cigarettes 20 Pack (Marlboro) 1,540.00 kr
(10.12 €)
768.93 kr
(5.05 €)
     -50.1 %
Transportation
Iceland Edit Portugal Edit
One-way Ticket (Local Transport) 490.00 kr
(3.22 €)
258.59 kr
(1.70 €)
     -47.2 %
Monthly Pass (Regular Price) 8,110.00 kr
(53.32 €)
6,084.48 kr
(40.00 €)
     -25.0 %
Taxi Start (Normal Tariff) 730.00 kr
(4.80 €)
528.59 kr
(3.48 €)
     -27.6 %
Taxi 1 mile (Normal Tariff) 532.69 kr
(3.50 €)
195.84 kr
(1.29 €)
     -63.2 %
Taxi 1hour Waiting (Normal Tariff) 8,000.00 kr
(52.59 €)
2,281.68 kr
(15.00 €)
     -71.5 %
Gasoline (1 gallon) 1,138.29 kr
(7.48 €)
1,107.35 kr
(7.28 €)
     -2.7 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 4,320,000.00 kr
(28,400.11 €)
4,107,025.92 kr
(27,000.00 €)
     -4.9 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 4,836,611.11 kr
(31,796.37 €)
4,287,111.32 kr
(28,183.90 €)
     -11.4 %
Utilities (Monthly)
Iceland Edit Portugal Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 14,915.80 kr
(98.06 €)
16,931.86 kr
(111.31 €)
     +13.5 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 14.43 kr
(0.09 €)
24.58 kr
(0.16 €)
     +70.3 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 9,198.37 kr
(60.47 €)
5,248.06 kr
(34.50 €)
     -42.9 %
Sports And Leisure
Iceland Edit Portugal Edit
Fitness Club, Monthly Fee for 1 Adult 8,575.25 kr
(56.37 €)
5,274.81 kr
(34.68 €)
     -38.5 %
Tennis Court Rent (1 Hour on Weekend) 4,612.27 kr
(30.32 €)
1,774.22 kr
(11.66 €)
     -61.5 %
Cinema, International Release, 1 Seat 1,735.00 kr
(11.41 €)
1,064.78 kr
(7.00 €)
     -38.6 %
Childcare
Iceland Edit Portugal Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 36,875.50 kr
(242.42 €)
52,161.24 kr
(342.91 €)
     +41.5 %
International Primary School, Yearly for 1 Child 642,500.00 kr
(4,223.86 €)
1,173,873.86 kr
(7,717.16 €)
     +82.7 %
Clothing And Shoes
Iceland Edit Portugal Edit
1 Pair of Jeans (Levis 501 Or Similar) 15,323.03 kr
(100.74 €)
11,410.08 kr
(75.01 €)
     -25.5 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 6,808.26 kr
(44.76 €)
4,634.49 kr
(30.47 €)
     -31.9 %
1 Pair of Nike Running Shoes (Mid-Range) 19,605.48 kr
(128.89 €)
10,266.48 kr
(67.49 €)
     -47.6 %
1 Pair of Men Leather Business Shoes 23,408.26 kr
(153.89 €)
11,971.48 kr
(78.70 €)
     -48.9 %
Rent Per Month
Iceland Edit Portugal Edit
Apartment (1 bedroom) in City Centre 206,534.88 kr
(1,357.78 €)
114,009.39 kr
(749.51 €)
     -44.8 %
Apartment (1 bedroom) Outside of Centre 169,487.80 kr
(1,114.23 €)
89,824.99 kr
(590.52 €)
     -47.0 %
Apartment (3 bedrooms) in City Centre 284,589.74 kr
(1,870.92 €)
200,070.00 kr
(1,315.28 €)
     -29.7 %
Apartment (3 bedrooms) Outside of Centre 248,976.45 kr
(1,636.80 €)
143,400.40 kr
(942.73 €)
     -42.4 %
Buy Apartment Price
Iceland Edit Portugal Edit
Price per Square Feet to Buy Apartment in City Centre 70,158.79 kr
(461.23 €)
41,040.98 kr
(269.81 €)
     -41.5 %
Price per Square Feet to Buy Apartment Outside of Centre 52,277.61 kr
(343.68 €)
28,121.69 kr
(184.87 €)
     -46.2 %
Salaries And Financing
Iceland Edit Portugal Edit
Average Monthly Net Salary (After Tax) 542,894.28 kr
(3,569.04 €)
149,072.07 kr
(980.01 €)
     -72.5 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.54 2.24      -59.6 %
Last update: February 2023February 2023
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