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 49.1% lower than in Iceland (without rent)
Consumer Prices Including Rent in Portugal are 48.5% lower than in Iceland
Rent Prices in Portugal are 47.2% lower than in Iceland
Restaurant Prices in Portugal are 58.0% lower than in Iceland
Groceries Prices in Portugal are 55.6% lower than in Iceland
Local Purchasing Power in Portugal is 50.1% 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
(17.21 €)
1,307.51 kr
(9.00 €)
     -47.7 %
Meal for 2 People, Mid-range Restaurant, Three-course 15,750.00 kr
(108.41 €)
5,811.15 kr
(40.00 €)
     -63.1 %
McMeal at McDonalds (or Equivalent Combo Meal) 2,100.00 kr
(14.45 €)
1,016.95 kr
(7.00 €)
     -51.6 %
Domestic Beer (1 pint draught) 1,300.00 kr
(8.95 €)
290.56 kr
(2.00 €)
     -77.6 %
Imported Beer (12 oz small bottle) 1,000.00 kr
(6.88 €)
319.61 kr
(2.20 €)
     -68.0 %
Cappuccino (regular) 627.58 kr
(4.32 €)
211.02 kr
(1.45 €)
     -66.4 %
Coke/Pepsi (12 oz small bottle) 377.88 kr
(2.60 €)
208.52 kr
(1.44 €)
     -44.8 %
Water (12 oz small bottle) 288.43 kr
(1.99 €)
150.92 kr
(1.04 €)
     -47.7 %
Markets
Iceland Edit Portugal Edit
Milk (regular), (1 gallon) 804.14 kr
(5.54 €)
465.94 kr
(3.21 €)
     -42.1 %
Loaf of Fresh White Bread (1 lb) 421.45 kr
(2.90 €)
164.29 kr
(1.13 €)
     -61.0 %
Rice (white), (1 lb) 191.08 kr
(1.32 €)
78.73 kr
(0.54 €)
     -58.8 %
Eggs (regular) (12) 796.45 kr
(5.48 €)
351.36 kr
(2.42 €)
     -55.9 %
Local Cheese (1 lb) 855.77 kr
(5.89 €)
559.66 kr
(3.85 €)
     -34.6 %
Chicken Fillets (1 lb) 1,124.95 kr
(7.74 €)
410.98 kr
(2.83 €)
     -63.5 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 1,799.25 kr
(12.38 €)
683.12 kr
(4.70 €)
     -62.0 %
Apples (1 lb) 192.86 kr
(1.33 €)
118.94 kr
(0.82 €)
     -38.3 %
Banana (1 lb) 141.70 kr
(0.98 €)
78.20 kr
(0.54 €)
     -44.8 %
Oranges (1 lb) 163.01 kr
(1.12 €)
91.51 kr
(0.63 €)
     -43.9 %
Tomato (1 lb) 293.61 kr
(2.02 €)
124.58 kr
(0.86 €)
     -57.6 %
Potato (1 lb) 176.31 kr
(1.21 €)
79.95 kr
(0.55 €)
     -54.7 %
Onion (1 lb) 97.05 kr
(0.67 €)
88.19 kr
(0.61 €)
     -9.1 %
Lettuce (1 head) 405.71 kr
(2.79 €)
165.93 kr
(1.14 €)
     -59.1 %
Water (1.5 liter bottle) 277.61 kr
(1.91 €)
86.43 kr
(0.59 €)
     -68.9 %
Bottle of Wine (Mid-Range) 2,700.00 kr
(18.58 €)
581.12 kr
(4.00 €)
     -78.5 %
Domestic Beer (0.5 liter bottle) 430.47 kr
(2.96 €)
158.54 kr
(1.09 €)
     -63.2 %
Imported Beer (12 oz small bottle) 365.93 kr
(2.52 €)
278.08 kr
(1.91 €)
     -24.0 %
Cigarettes 20 Pack (Marlboro) 1,600.00 kr
(11.01 €)
740.92 kr
(5.10 €)
     -53.7 %
Transportation
Iceland Edit Portugal Edit
One-way Ticket (Local Transport) 550.00 kr
(3.79 €)
254.24 kr
(1.75 €)
     -53.8 %
Monthly Pass (Regular Price) 9,000.00 kr
(61.95 €)
5,811.15 kr
(40.00 €)
     -35.4 %
Taxi Start (Normal Tariff) 730.00 kr
(5.02 €)
508.48 kr
(3.50 €)
     -30.3 %
Taxi 1 mile (Normal Tariff) 532.69 kr
(3.67 €)
176.33 kr
(1.21 €)
     -66.9 %
Taxi 1hour Waiting (Normal Tariff) 9,177.00 kr
(63.17 €)
2,179.18 kr
(15.00 €)
     -76.3 %
Gasoline (1 gallon) 1,182.36 kr
(8.14 €)
1,023.23 kr
(7.04 €)
     -13.5 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 5,000,000.00 kr
(34,416.59 €)
4,067,806.00 kr
(28,000.00 €)
     -18.6 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 5,584,937.50 kr
(38,442.90 €)
4,148,260.84 kr
(28,553.80 €)
     -25.7 %
Utilities (Monthly)
Iceland Edit Portugal Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 14,835.34 kr
(102.12 €)
16,000.91 kr
(110.14 €)
     +7.9 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 3,152.67 kr
(21.70 €)
2,710.52 kr
(18.66 €)
     -14.0 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 9,486.86 kr
(65.30 €)
5,170.68 kr
(35.59 €)
     -45.5 %
Sports And Leisure
Iceland Edit Portugal Edit
Fitness Club, Monthly Fee for 1 Adult 8,760.94 kr
(60.30 €)
5,045.68 kr
(34.73 €)
     -42.4 %
Tennis Court Rent (1 Hour on Weekend) 4,248.33 kr
(29.24 €)
1,619.40 kr
(11.15 €)
     -61.9 %
Cinema, International Release, 1 Seat 1,925.00 kr
(13.25 €)
1,016.95 kr
(7.00 €)
     -47.2 %
Childcare
Iceland Edit Portugal Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 35,801.00 kr
(246.43 €)
51,851.74 kr
(356.91 €)
     +44.8 %
International Primary School, Yearly for 1 Child 776,250.00 kr
(5,343.18 €)
1,099,655.88 kr
(7,569.28 €)
     +41.7 %
Clothing And Shoes
Iceland Edit Portugal Edit
1 Pair of Jeans (Levis 501 Or Similar) 15,655.64 kr
(107.76 €)
10,526.05 kr
(72.45 €)
     -32.8 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 6,489.76 kr
(44.67 €)
4,442.03 kr
(30.58 €)
     -31.6 %
1 Pair of Nike Running Shoes (Mid-Range) 20,376.77 kr
(140.26 €)
9,912.41 kr
(68.23 €)
     -51.4 %
1 Pair of Men Leather Business Shoes 25,153.41 kr
(173.14 €)
11,381.36 kr
(78.34 €)
     -54.8 %
Rent Per Month
Iceland Edit Portugal Edit
Apartment (1 bedroom) in City Centre 223,510.74 kr
(1,538.50 €)
115,872.09 kr
(797.58 €)
     -48.2 %
Apartment (1 bedroom) Outside of Centre 194,765.54 kr
(1,340.63 €)
88,865.99 kr
(611.69 €)
     -54.4 %
Apartment (3 bedrooms) in City Centre 328,600.00 kr
(2,261.86 €)
194,853.43 kr
(1,341.24 €)
     -40.7 %
Apartment (3 bedrooms) Outside of Centre 286,051.28 kr
(1,968.98 €)
145,985.35 kr
(1,004.86 €)
     -49.0 %
Buy Apartment Price
Iceland Edit Portugal Edit
Price per Square Feet to Buy Apartment in City Centre 72,928.99 kr
(501.99 €)
39,168.93 kr
(269.61 €)
     -46.3 %
Price per Square Feet to Buy Apartment Outside of Centre 57,992.31 kr
(399.18 €)
26,020.02 kr
(179.10 €)
     -55.1 %
Salaries And Financing
Iceland Edit Portugal Edit
Average Monthly Net Salary (After Tax) 577,823.40 kr
(3,977.34 €)
148,464.11 kr
(1,021.93 €)
     -74.3 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.76 3.85      -43.1 %
Last update: September 2023September 2023
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