 
|
|
Cost of Living Comparison Between Iceland and Portugal 
| Indices Difference |  |
|---|---|
| Consumer Prices in Portugal are 47.64% lower than in Iceland | |
| Consumer Prices Including Rent in Portugal are 49.02% lower than in Iceland | |
| Rent Prices in Portugal are 52.25% lower than in Iceland | |
| Restaurant Prices in Portugal are 60.03% lower than in Iceland | |
| Groceries Prices in Portugal are 52.84% lower than in Iceland | |
| Local Purchasing Power in Portugal is 41.76% lower than in Iceland | |
| Iceland | Portugal | Difference | |
|---|---|---|---|
| Restaurants | [ Edit ] | [ Edit ] | |
| Meal, Inexpensive Restaurant |
2,500.00 kr (17.65 €) |
1,132.84 kr (8.00 €) |
-54.69 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
12,000.00 kr (84.74 €) |
4,248.16 kr (30.00 €) |
-64.60 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
1,556.00 kr (10.99 €) |
849.63 kr (6.00 €) |
-45.40 % |
| Domestic Beer (1 pint draught) |
1,100.00 kr (7.77 €) |
229.40 kr (1.62 €) |
-79.15 % |
| Imported Beer (12 oz small bottle) |
1,000.00 kr (7.06 €) |
283.21 kr (2.00 €) |
-71.68 % |
| Cappuccino (regular) |
546.09 kr (3.86 €) |
185.19 kr (1.31 €) |
-66.09 % |
| Coke/Pepsi (12 oz small bottle) |
298.64 kr (2.11 €) |
176.67 kr (1.25 €) |
-40.84 % |
| Water (12 oz small bottle) |
245.96 kr (1.74 €) |
127.16 kr (0.90 €) |
-48.30 % |
| Markets | [ Edit ] | [ Edit ] | |
| Milk (regular), (1 gallon) |
584.76 kr (4.13 €) |
334.95 kr (2.37 €) |
-42.72 % |
| Loaf of Fresh White Bread (1 lb) |
317.32 kr (2.24 €) |
142.27 kr (1.00 €) |
-55.17 % |
| Rice (white), (1 lb) |
146.93 kr (1.04 €) |
56.51 kr (0.40 €) |
-61.54 % |
| Eggs (regular) (12) |
614.60 kr (4.34 €) |
239.75 kr (1.69 €) |
-60.99 % |
| Local Cheese (1 lb) |
780.89 kr (5.51 €) |
465.56 kr (3.29 €) |
-40.38 % |
| Chicken Breasts (Boneless, Skinless), (1 lb) |
897.49 kr (6.34 €) |
343.99 kr (2.43 €) |
-61.67 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
1,346.81 kr (9.51 €) |
616.97 kr (4.36 €) |
-54.19 % |
| Apples (1 lb) |
130.53 kr (0.92 €) |
100.27 kr (0.71 €) |
-23.18 % |
| Banana (1 lb) |
112.20 kr (0.79 €) |
71.15 kr (0.50 €) |
-36.58 % |
| Oranges (1 lb) |
136.73 kr (0.97 €) |
74.87 kr (0.53 €) |
-45.24 % |
| Tomato (1 lb) |
215.43 kr (1.52 €) |
88.99 kr (0.63 €) |
-58.69 % |
| Potato (1 lb) |
119.95 kr (0.85 €) |
53.19 kr (0.38 €) |
-55.66 % |
| Onion (1 lb) |
95.80 kr (0.68 €) |
60.34 kr (0.43 €) |
-37.01 % |
| Lettuce (1 head) |
289.33 kr (2.04 €) |
122.70 kr (0.87 €) |
-57.59 % |
| Water (1.5 liter bottle) |
212.77 kr (1.50 €) |
78.78 kr (0.56 €) |
-62.97 % |
| Bottle of Wine (Mid-Range) |
2,500.00 kr (17.65 €) |
566.42 kr (4.00 €) |
-77.34 % |
| Domestic Beer (0.5 liter bottle) |
336.18 kr (2.37 €) |
129.80 kr (0.92 €) |
-61.39 % |
| Imported Beer (12 oz small bottle) |
338.95 kr (2.39 €) |
249.61 kr (1.76 €) |
-26.36 % |
| Cigarettes 20 Pack (Marlboro) |
1,370.00 kr (9.67 €) |
708.03 kr (5.00 €) |
-48.32 % |
| Transportation | [ Edit ] | [ Edit ] | |
| One-way Ticket (Local Transport) |
460.00 kr (3.25 €) |
212.41 kr (1.50 €) |
-53.82 % |
| Monthly Pass (Regular Price) |
12,300.00 kr (86.86 €) |
4,956.18 kr (35.00 €) |
-59.71 % |
| Taxi Start (Normal Tariff) |
690.00 kr (4.87 €) |
481.46 kr (3.40 €) |
-30.22 % |
| Taxi 1 mile (Normal Tariff) |
463.49 kr (3.27 €) |
107.11 kr (0.76 €) |
-76.89 % |
| Taxi 1hour Waiting (Normal Tariff) |
7,920.00 kr (55.93 €) |
2,095.76 kr (14.80 €) |
-73.54 % |
| Gasoline (1 gallon) |
841.44 kr (5.94 €) |
821.44 kr (5.80 €) |
-2.38 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
3,500,000.00 kr (24,716.61 €) |
3,540,129.93 kr (25,000.00 €) |
+1.15 % |
| Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car) |
3,924,827.59 kr (27,716.69 €) |
3,395,820.28 kr (23,980.90 €) |
-13.48 % |
| Utilities (Monthly) | [ Edit ] | [ Edit ] | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
11,910.41 kr (84.11 €) |
13,284.77 kr (93.82 €) |
+11.54 % |
| 1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) |
20.33 kr (0.14 €) |
24.37 kr (0.17 €) |
+19.84 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
7,817.60 kr (55.21 €) |
4,298.02 kr (30.35 €) |
-45.02 % |
| Sports And Leisure | [ Edit ] | [ Edit ] | |
| Fitness Club, Monthly Fee for 1 Adult |
7,632.00 kr (53.90 €) |
4,723.58 kr (33.36 €) |
-38.11 % |
| Tennis Court Rent (1 Hour on Weekend) |
4,337.50 kr (30.63 €) |
1,585.81 kr (11.20 €) |
-63.44 % |
| Cinema, International Release, 1 Seat |
1,550.00 kr (10.95 €) |
948.75 kr (6.70 €) |
-38.79 % |
| Childcare | [ Edit ] | [ Edit ] | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
35,285.74 kr (249.18 €) |
50,776.77 kr (358.58 €) |
+43.90 % |
| International Primary School, Yearly for 1 Child |
866,666.67 kr (6,120.30 €) |
1,095,139.20 kr (7,733.75 €) |
+26.36 % |
| Clothing And Shoes | [ Edit ] | [ Edit ] | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
14,155.92 kr (99.97 €) |
10,866.09 kr (76.74 €) |
-23.24 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
6,424.05 kr (45.37 €) |
4,022.24 kr (28.40 €) |
-37.39 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
17,906.41 kr (126.45 €) |
9,851.55 kr (69.57 €) |
-44.98 % |
| 1 Pair of Men Leather Business Shoes |
23,260.98 kr (164.27 €) |
11,213.42 kr (79.19 €) |
-51.79 % |
| Rent Per Month | [ Edit ] | [ Edit ] | |
| Apartment (1 bedroom) in City Centre |
184,326.92 kr (1,301.70 €) |
86,433.16 kr (610.38 €) |
-53.11 % |
| Apartment (1 bedroom) Outside of Centre |
152,386.36 kr (1,076.14 €) |
61,648.06 kr (435.35 €) |
-59.54 % |
| Apartment (3 bedrooms) in City Centre |
278,437.50 kr (1,966.29 €) |
155,042.94 kr (1,094.90 €) |
-44.32 % |
| Apartment (3 bedrooms) Outside of Centre |
235,291.67 kr (1,661.60 €) |
102,620.10 kr (724.69 €) |
-56.39 % |
| Buy Apartment Price | [ Edit ] | [ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre |
52,912.94 kr (373.67 €) |
35,950.26 kr (253.88 €) |
-32.06 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
40,583.89 kr (286.60 €) |
19,882.29 kr (140.41 €) |
-51.01 % |
| Salaries And Financing | [ Edit ] | [ Edit ] | |
| Average Monthly Net Salary (After Tax) |
389,682.11 kr (2,751.89 €) |
115,686.04 kr (816.96 €) |
-70.31 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.27 | 2.40 | -61.70 % |
| Last update: | June 2019 | June 2019 | |
| Contributors: | 337 | 1453 | |
| Data from past: | 18 months | 18 months | |
| Currency: ISK |