Cost of Living Comparison Between Iceland and United States Reverse

For major cities in those countries you get more relevant data by specifying cities.
City in Iceland:
City in United States:
Indices DifferenceInfo
Consumer Prices in United States are 12.9% lower than in Iceland (without rent)
Consumer Prices Including Rent in United States are 5.9% lower than in Iceland
Rent Prices in United States are 10.4% higher than in Iceland
Restaurant Prices in United States are 21.2% lower than in Iceland
Groceries Prices in United States are 12.9% lower than in Iceland
Local Purchasing Power in United States is 18.8% higher than in Iceland
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
 Iceland Edit United States Edit Difference
Meal, Inexpensive Restaurant 3,000.00 kr
(21.17 $)		 2,834.80 kr
(20.00 $)		      -5.5 %
Meal for 2 People, Mid-range Restaurant, Three-course 16,490.00 kr
(116.34 $)		 10,630.50 kr
(75.00 $)		      -35.5 %
McMeal at McDonalds (or Equivalent Combo Meal) 2,299.00 kr
(16.22 $)		 1,519.45 kr
(10.72 $)		      -33.9 %
Domestic Beer (1 pint draught) 1,400.00 kr
(9.88 $)		 850.44 kr
(6.00 $)		      -39.3 %
Imported Beer (12 oz small bottle) 1,200.00 kr
(8.47 $)		 992.18 kr
(7.00 $)		      -17.3 %
Cappuccino (regular) 677.27 kr
(4.78 $)		 723.29 kr
(5.10 $)		      +6.8 %
Coke/Pepsi (12 oz small bottle) 392.50 kr
(2.77 $)		 352.59 kr
(2.49 $)		      -10.2 %
Water (12 oz small bottle) 290.97 kr
(2.05 $)		 292.52 kr
(2.06 $)		      +0.5 %
Markets
 Iceland Edit United States Edit
Milk (regular), (1 gallon) 849.34 kr
(5.99 $)		 568.27 kr
(4.01 $)		      -33.1 %
Loaf of Fresh White Bread (1 lb) 434.35 kr
(3.06 $)		 458.85 kr
(3.24 $)		      +5.6 %
Rice (white), (1 lb) 197.58 kr
(1.39 $)		 293.80 kr
(2.07 $)		      +48.7 %
Eggs (regular) (12) 800.16 kr
(5.65 $)		 528.70 kr
(3.73 $)		      -33.9 %
Local Cheese (1 lb) 922.77 kr
(6.51 $)		 826.77 kr
(5.83 $)		      -10.4 %
Chicken Fillets (1 lb) 1,168.13 kr
(8.24 $)		 782.10 kr
(5.52 $)		      -33.0 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 1,947.07 kr
(13.74 $)		 1,033.50 kr
(7.29 $)		      -46.9 %
Apples (1 lb) 191.99 kr
(1.35 $)		 341.85 kr
(2.41 $)		      +78.1 %
Banana (1 lb) 137.55 kr
(0.97 $)		 108.03 kr
(0.76 $)		      -21.5 %
Oranges (1 lb) 167.58 kr
(1.18 $)		 289.38 kr
(2.04 $)		      +72.7 %
Tomato (1 lb) 296.41 kr
(2.09 $)		 315.47 kr
(2.23 $)		      +6.4 %
Potato (1 lb) 194.01 kr
(1.37 $)		 194.15 kr
(1.37 $)		      +0.1 %
Onion (1 lb) 112.22 kr
(0.79 $)		 195.43 kr
(1.38 $)		      +74.2 %
Lettuce (1 head) 428.48 kr
(3.02 $)		 305.44 kr
(2.15 $)		      -28.7 %
Water (1.5 liter bottle) 285.14 kr
(2.01 $)		 310.15 kr
(2.19 $)		      +8.8 %
Bottle of Wine (Mid-Range) 2,800.00 kr
(19.75 $)		 2,126.10 kr
(15.00 $)		      -24.1 %
Domestic Beer (0.5 liter bottle) 433.88 kr
(3.06 $)		 250.46 kr
(1.77 $)		      -42.3 %
Imported Beer (12 oz small bottle) 369.58 kr
(2.61 $)		 503.23 kr
(3.55 $)		      +36.2 %
Cigarettes 20 Pack (Marlboro) 1,600.00 kr
(11.29 $)		 1,417.40 kr
(10.00 $)		      -11.4 %
Transportation
 Iceland Edit United States Edit
One-way Ticket (Local Transport) 570.00 kr
(4.02 $)		 354.35 kr
(2.50 $)		      -37.8 %
Monthly Pass (Regular Price) 9,300.00 kr
(65.61 $)		 10,205.28 kr
(72.00 $)		      +9.7 %
Taxi Start (Normal Tariff) 730.00 kr
(5.15 $)		 531.53 kr
(3.75 $)		      -27.2 %
Taxi 1 mile (Normal Tariff) 521.43 kr
(3.68 $)		 396.87 kr
(2.80 $)		      -23.9 %
Taxi 1hour Waiting (Normal Tariff) 9,360.00 kr
(66.04 $)		 4,252.20 kr
(30.00 $)		      -54.6 %
Gasoline (1 gallon) 1,176.48 kr
(8.30 $)		 517.85 kr
(3.65 $)		      -56.0 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 5,195,000.00 kr
(36,651.62 $)		 4,677,420.00 kr
(33,000.00 $)		      -10.0 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 5,855,642.86 kr
(41,312.56 $)		 3,696,961.02 kr
(26,082.69 $)		      -36.9 %
Utilities (Monthly)
 Iceland Edit United States Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 14,793.51 kr
(104.37 $)		 29,274.97 kr
(206.54 $)		      +97.9 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 3,320.53 kr
(23.43 $)		 7,430.13 kr
(52.42 $)		      +123.8 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 9,874.61 kr
(69.67 $)		 10,090.46 kr
(71.19 $)		      +2.2 %
Sports And Leisure
 Iceland Edit United States Edit
Fitness Club, Monthly Fee for 1 Adult 8,865.14 kr
(62.55 $)		 6,812.25 kr
(48.06 $)		      -23.2 %
Tennis Court Rent (1 Hour on Weekend) 4,248.33 kr
(29.97 $)		 3,230.35 kr
(22.79 $)		      -24.0 %
Cinema, International Release, 1 Seat 2,000.00 kr
(14.11 $)		 1,984.36 kr
(14.00 $)		      -0.8 %
Childcare
 Iceland Edit United States Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 37,538.56 kr
(264.84 $)		 195,353.44 kr
(1,378.25 $)		      +420.4 %
International Primary School, Yearly for 1 Child 776,250.00 kr
(5,476.58 $)		 3,265,210.54 kr
(23,036.62 $)		      +320.6 %
Clothing And Shoes
 Iceland Edit United States Edit
1 Pair of Jeans (Levis 501 Or Similar) 16,213.77 kr
(114.39 $)		 7,456.11 kr
(52.60 $)		      -54.0 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 7,093.68 kr
(50.05 $)		 6,207.02 kr
(43.79 $)		      -12.5 %
1 Pair of Nike Running Shoes (Mid-Range) 20,993.55 kr
(148.11 $)		 12,629.33 kr
(89.10 $)		      -39.8 %
1 Pair of Men Leather Business Shoes 24,857.73 kr
(175.38 $)		 16,403.81 kr
(115.73 $)		      -34.0 %
Rent Per Month
 Iceland Edit United States Edit
Apartment (1 bedroom) in City Centre 242,776.14 kr
(1,712.83 $)		 251,790.11 kr
(1,776.42 $)		      +3.7 %
Apartment (1 bedroom) Outside of Centre 216,076.60 kr
(1,524.46 $)		 207,191.28 kr
(1,461.77 $)		      -4.1 %
Apartment (3 bedrooms) in City Centre 341,073.17 kr
(2,406.33 $)		 421,971.58 kr
(2,977.08 $)		      +23.7 %
Apartment (3 bedrooms) Outside of Centre 309,000.00 kr
(2,180.05 $)		 342,619.82 kr
(2,417.24 $)		      +10.9 %
Buy Apartment Price
 Iceland Edit United States Edit
Price per Square Feet to Buy Apartment in City Centre 74,530.04 kr
(525.82 $)		 48,274.95 kr
(340.59 $)		      -35.2 %
Price per Square Feet to Buy Apartment Outside of Centre 60,758.97 kr
(428.66 $)		 38,008.02 kr
(268.15 $)		      -37.4 %
Salaries And Financing
 Iceland Edit United States Edit
Average Monthly Net Salary (After Tax) 579,490.99 kr
(4,088.41 $)		 648,012.38 kr
(4,571.84 $)		      +11.8 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 7.37 6.56      -10.9 %
Last update: April 2024April 2024
Contributors in the past 12 months:19411099
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