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
Cost of Living in Portugal is 49.7% lower than in Iceland (excluding rent)
Cost of Living Including Rent in Portugal is 49.3% lower than in Iceland
Rent Prices in Portugal are 48.4% lower than in Iceland
Restaurant Prices in Portugal are 58.7% lower than in Iceland
Groceries Prices in Portugal are 54.6% lower than in Iceland
Local Purchasing Power in Portugal is 44.4% lower than in Iceland
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Iceland Edit Portugal Edit Difference
Meal, Inexpensive Restaurant 3,100.00 kr
(21.22 €)
1,461.13 kr
(10.00 €)
     -52.9 %
Meal for 2 People, Mid-range Restaurant, Three-course 17,500.00 kr
(119.77 €)
6,575.08 kr
(45.00 €)
     -62.4 %
McMeal at McDonalds (or Equivalent Combo Meal) 2,500.00 kr
(17.11 €)
1,168.90 kr
(8.00 €)
     -53.2 %
Domestic Beer (1 pint draught) 1,500.00 kr
(10.27 €)
365.28 kr
(2.50 €)
     -75.6 %
Imported Beer (12 oz small bottle) 1,292.35 kr
(8.84 €)
438.34 kr
(3.00 €)
     -66.1 %
Cappuccino (regular) 749.77 kr
(5.13 €)
276.09 kr
(1.89 €)
     -63.2 %
Coke/Pepsi (12 oz small bottle) 408.78 kr
(2.80 €)
251.73 kr
(1.72 €)
     -38.4 %
Water (12 oz small bottle) 327.20 kr
(2.24 €)
175.79 kr
(1.20 €)
     -46.3 %
Markets
Iceland Edit Portugal Edit
Milk (regular), (1 gallon) 891.09 kr
(6.10 €)
519.40 kr
(3.55 €)
     -41.7 %
Loaf of Fresh White Bread (1 lb) 445.61 kr
(3.05 €)
183.35 kr
(1.25 €)
     -58.9 %
Rice (white), (1 lb) 197.27 kr
(1.35 €)
94.04 kr
(0.64 €)
     -52.3 %
Eggs (regular) (12) 818.07 kr
(5.60 €)
390.88 kr
(2.68 €)
     -52.2 %
Local Cheese (1 lb) 1,029.73 kr
(7.05 €)
683.41 kr
(4.68 €)
     -33.6 %
Chicken Fillets (1 lb) 1,350.80 kr
(9.24 €)
440.61 kr
(3.02 €)
     -67.4 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 2,326.81 kr
(15.92 €)
829.21 kr
(5.68 €)
     -64.4 %
Apples (1 lb) 175.18 kr
(1.20 €)
129.20 kr
(0.88 €)
     -26.2 %
Banana (1 lb) 139.94 kr
(0.96 €)
84.40 kr
(0.58 €)
     -39.7 %
Oranges (1 lb) 163.99 kr
(1.12 €)
106.29 kr
(0.73 €)
     -35.2 %
Tomato (1 lb) 286.79 kr
(1.96 €)
145.42 kr
(1.00 €)
     -49.3 %
Potato (1 lb) 203.14 kr
(1.39 €)
97.28 kr
(0.67 €)
     -52.1 %
Onion (1 lb) 126.19 kr
(0.86 €)
115.32 kr
(0.79 €)
     -8.6 %
Lettuce (1 head) 402.25 kr
(2.75 €)
198.53 kr
(1.36 €)
     -50.6 %
Water (1.5 liter bottle) 280.46 kr
(1.92 €)
100.19 kr
(0.69 €)
     -64.3 %
Bottle of Wine (Mid-Range) 3,000.00 kr
(20.53 €)
729.10 kr
(4.99 €)
     -75.7 %
Domestic Beer (0.5 liter bottle) 462.58 kr
(3.17 €)
163.30 kr
(1.12 €)
     -64.7 %
Imported Beer (12 oz small bottle) 389.06 kr
(2.66 €)
321.16 kr
(2.20 €)
     -17.5 %
Cigarettes 20 Pack (Marlboro) 1,725.00 kr
(11.81 €)
803.62 kr
(5.50 €)
     -53.4 %
Transportation
Iceland Edit Portugal Edit
One-way Ticket (Local Transport) 640.00 kr
(4.38 €)
292.23 kr
(2.00 €)
     -54.3 %
Monthly Pass (Regular Price) 10,400.00 kr
(71.18 €)
5,844.51 kr
(40.00 €)
     -43.8 %
Taxi Start (Normal Tariff) 790.00 kr
(5.41 €)
511.39 kr
(3.50 €)
     -35.3 %
Taxi 1 mile (Normal Tariff) 521.43 kr
(3.57 €)
230.44 kr
(1.58 €)
     -55.8 %
Taxi 1hour Waiting (Normal Tariff) 10,620.00 kr
(72.68 €)
2,191.69 kr
(15.00 €)
     -79.4 %
Gasoline (1 gallon) 1,182.00 kr
(8.09 €)
942.84 kr
(6.45 €)
     -20.2 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 5,890,000.00 kr
(40,311.31 €)
4,383,384.97 kr
(30,000.00 €)
     -25.6 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 6,666,666.67 kr
(45,626.84 €)
4,976,071.99 kr
(34,056.37 €)
     -25.4 %
Utilities (Monthly)
Iceland Edit Portugal Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 10,924.64 kr
(74.77 €)
16,829.20 kr
(115.18 €)
     +54.0 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 3,430.36 kr
(23.48 €)
2,750.08 kr
(18.82 €)
     -19.8 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 10,270.53 kr
(70.29 €)
5,430.07 kr
(37.16 €)
     -47.1 %
Sports And Leisure
Iceland Edit Portugal Edit
Fitness Club, Monthly Fee for 1 Adult 10,082.08 kr
(69.00 €)
5,609.03 kr
(38.39 €)
     -44.4 %
Tennis Court Rent (1 Hour on Weekend) 4,816.67 kr
(32.97 €)
2,066.36 kr
(14.14 €)
     -57.1 %
Cinema, International Release, 1 Seat 2,190.00 kr
(14.99 €)
1,095.85 kr
(7.50 €)
     -50.0 %
Childcare
Iceland Edit Portugal Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 42,475.25 kr
(290.70 €)
64,073.70 kr
(438.52 €)
     +50.8 %
International Primary School, Yearly for 1 Child 3,744,295.00 kr
(25,626.05 €)
1,515,251.23 kr
(10,370.42 €)
     -59.5 %
Clothing And Shoes
Iceland Edit Portugal Edit
1 Pair of Jeans (Levis 501 Or Similar) 17,356.84 kr
(118.79 €)
11,715.44 kr
(80.18 €)
     -32.5 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 7,436.25 kr
(50.89 €)
4,925.11 kr
(33.71 €)
     -33.8 %
1 Pair of Nike Running Shoes (Mid-Range) 21,566.67 kr
(147.60 €)
11,355.33 kr
(77.72 €)
     -47.3 %
1 Pair of Men Leather Business Shoes 29,685.94 kr
(203.17 €)
13,490.83 kr
(92.33 €)
     -54.6 %
Rent Per Month
Iceland Edit Portugal Edit
Apartment (1 bedroom) in City Centre 275,000.00 kr
(1,882.11 €)
135,716.42 kr
(928.85 €)
     -50.6 %
Apartment (1 bedroom) Outside of Centre 250,000.00 kr
(1,711.01 €)
107,893.35 kr
(738.42 €)
     -56.8 %
Apartment (3 bedrooms) in City Centre 393,961.54 kr
(2,696.28 €)
233,483.76 kr
(1,597.97 €)
     -40.7 %
Apartment (3 bedrooms) Outside of Centre 338,074.07 kr
(2,313.79 €)
171,830.01 kr
(1,176.01 €)
     -49.2 %
Buy Apartment Price
Iceland Edit Portugal Edit
Price per Square Feet to Buy Apartment in City Centre 85,617.11 kr
(585.97 €)
50,065.76 kr
(342.65 €)
     -41.5 %
Price per Square Feet to Buy Apartment Outside of Centre 72,898.79 kr
(498.92 €)
35,978.42 kr
(246.24 €)
     -50.6 %
Salaries And Financing
Iceland Edit Portugal Edit
Average Monthly Net Salary (After Tax) 552,104.04 kr
(3,778.61 €)
155,507.41 kr
(1,064.30 €)
     -71.8 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.76 4.78      -51.0 %
Last update: April 2025April 2025
Contributors in the past 12 months:1461017