Cost of Living Comparison Between India and Iceland 
| Indices Difference |  |
|---|---|
| Consumer Prices in Iceland are 288.3% higher than in India (without rent) | |
| Consumer Prices Including Rent in Iceland are 348.5% higher than in India | |
| Rent Prices in Iceland are 597.3% higher than in India | |
| Restaurant Prices in Iceland are 466.8% higher than in India | |
| Groceries Prices in Iceland are 270.6% higher than in India | |
| Local Purchasing Power in Iceland is 50.6% higher than in India | |
Restaurants | India Edit |
Iceland Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
250.00 ₹ (418.68 kr) |
1,791.32 ₹ (3,000.00 kr) |
+616.5 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
1,200.00 ₹ (2,009.69 kr) |
9,553.73 ₹ (16,000.00 kr) |
+696.1 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
350.00 ₹ (586.16 kr) |
1,373.05 ₹ (2,299.50 kr) |
+292.3 % |
| Domestic Beer (1 pint draught) |
160.00 ₹ (267.96 kr) |
865.81 ₹ (1,450.00 kr) |
+441.1 % |
| Imported Beer (12 oz small bottle) |
300.00 ₹ (502.42 kr) |
716.53 ₹ (1,200.00 kr) |
+138.8 % |
| Cappuccino (regular) |
158.65 ₹ (265.70 kr) |
408.63 ₹ (684.34 kr) |
+157.6 % |
| Coke/Pepsi (12 oz small bottle) |
36.02 ₹ (60.32 kr) |
234.67 ₹ (393.01 kr) |
+551.5 % |
| Water (12 oz small bottle) |
15.43 ₹ (25.84 kr) |
176.56 ₹ (295.68 kr) |
+1,044.3 % |
Markets | India Edit |
Iceland Edit | |
| Milk (regular), (1 gallon) |
220.81 ₹ (369.80 kr) |
508.35 ₹ (851.36 kr) |
+130.2 % |
| Loaf of Fresh White Bread (1 lb) |
37.54 ₹ (62.87 kr) |
260.36 ₹ (436.03 kr) |
+593.6 % |
| Rice (white), (1 lb) |
26.71 ₹ (44.73 kr) |
119.84 ₹ (200.70 kr) |
+348.6 % |
| Eggs (regular) (12) |
80.01 ₹ (134.00 kr) |
477.52 ₹ (799.72 kr) |
+496.8 % |
| Local Cheese (1 lb) |
202.31 ₹ (338.81 kr) |
550.63 ₹ (922.17 kr) |
+172.2 % |
| Chicken Fillets (1 lb) |
119.55 ₹ (200.21 kr) |
701.01 ₹ (1,174.00 kr) |
+486.4 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
219.01 ₹ (366.78 kr) |
1,161.33 ₹ (1,944.92 kr) |
+430.3 % |
| Apples (1 lb) |
80.84 ₹ (135.39 kr) |
117.64 ₹ (197.02 kr) |
+45.5 % |
| Banana (1 lb) |
27.97 ₹ (46.84 kr) |
83.11 ₹ (139.18 kr) |
+197.1 % |
| Oranges (1 lb) |
41.72 ₹ (69.87 kr) |
102.23 ₹ (171.22 kr) |
+145.0 % |
| Tomato (1 lb) |
19.57 ₹ (32.78 kr) |
174.73 ₹ (292.63 kr) |
+792.7 % |
| Potato (1 lb) |
13.75 ₹ (23.02 kr) |
115.10 ₹ (192.77 kr) |
+737.3 % |
| Onion (1 lb) |
15.35 ₹ (25.71 kr) |
71.88 ₹ (120.37 kr) |
+368.1 % |
| Lettuce (1 head) |
46.46 ₹ (77.80 kr) |
259.14 ₹ (434.00 kr) |
+457.8 % |
| Water (1.5 liter bottle) |
29.03 ₹ (48.61 kr) |
175.33 ₹ (293.63 kr) |
+504.1 % |
| Bottle of Wine (Mid-Range) |
750.00 ₹ (1,256.05 kr) |
1,642.05 ₹ (2,750.00 kr) |
+118.9 % |
| Domestic Beer (0.5 liter bottle) |
158.16 ₹ (264.88 kr) |
262.55 ₹ (439.70 kr) |
+66.0 % |
| Imported Beer (12 oz small bottle) |
258.37 ₹ (432.70 kr) |
220.68 ₹ (369.58 kr) |
-14.6 % |
| Cigarettes 20 Pack (Marlboro) |
350.00 ₹ (586.16 kr) |
955.37 ₹ (1,600.00 kr) |
+173.0 % |
Transportation | India Edit |
Iceland Edit | |
| One-way Ticket (Local Transport) |
30.00 ₹ (50.24 kr) |
340.35 ₹ (570.00 kr) |
+1,034.5 % |
| Monthly Pass (Regular Price) |
1,000.00 ₹ (1,674.74 kr) |
5,553.11 ₹ (9,300.00 kr) |
+455.3 % |
| Taxi Start (Normal Tariff) |
67.50 ₹ (113.04 kr) |
435.89 ₹ (730.00 kr) |
+545.8 % |
| Taxi 1 mile (Normal Tariff) |
40.23 ₹ (67.38 kr) |
291.17 ₹ (487.63 kr) |
+623.7 % |
| Taxi 1hour Waiting (Normal Tariff) |
100.00 ₹ (167.47 kr) |
5,588.93 ₹ (9,360.00 kr) |
+5,488.9 % |
| Gasoline (1 gallon) |
394.41 ₹ (660.53 kr) |
703.90 ₹ (1,178.86 kr) |
+78.5 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
1,200,000.00 ₹ (2,009,685.75 kr) |
3,158,702.79 ₹ (5,290,000.00 kr) |
+163.2 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
1,910,897.80 ₹ (3,200,253.40 kr) |
3,448,250.55 ₹ (5,774,916.67 kr) |
+80.5 % |
Utilities (Monthly) | India Edit |
Iceland Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
3,492.22 ₹ (5,848.55 kr) |
8,818.12 ₹ (14,768.04 kr) |
+152.5 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
313.91 ₹ (525.71 kr) |
1,982.71 ₹ (3,320.53 kr) |
+531.6 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
697.56 ₹ (1,168.22 kr) |
5,892.85 ₹ (9,868.99 kr) |
+744.8 % |
Sports And Leisure | India Edit |
Iceland Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
1,445.02 ₹ (2,420.03 kr) |
5,293.45 ₹ (8,865.14 kr) |
+266.3 % |
| Tennis Court Rent (1 Hour on Weekend) |
642.31 ₹ (1,075.70 kr) |
2,536.72 ₹ (4,248.33 kr) |
+294.9 % |
| Cinema, International Release, 1 Seat |
300.00 ₹ (502.42 kr) |
1,194.22 ₹ (2,000.00 kr) |
+298.1 % |
Childcare | India Edit |
Iceland Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
6,363.46 ₹ (10,657.12 kr) |
21,892.12 ₹ (36,663.56 kr) |
+244.0 % |
| International Primary School, Yearly for 1 Child |
152,297.90 ₹ (255,059.10 kr) |
463,505.30 ₹ (776,250.00 kr) |
+204.3 % |
Clothing And Shoes | India Edit |
Iceland Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
2,221.79 ₹ (3,720.91 kr) |
9,568.84 ₹ (16,025.31 kr) |
+330.7 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
2,321.21 ₹ (3,887.42 kr) |
4,157.13 ₹ (6,962.11 kr) |
+79.1 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
3,781.39 ₹ (6,332.85 kr) |
12,555.20 ₹ (21,026.67 kr) |
+232.0 % |
| 1 Pair of Men Leather Business Shoes |
2,786.14 ₹ (4,666.05 kr) |
14,383.77 ₹ (24,089.05 kr) |
+416.3 % |
Rent Per Month | India Edit |
Iceland Edit | |
| Apartment (1 bedroom) in City Centre |
17,285.00 ₹ (28,947.85 kr) |
144,927.00 ₹ (242,714.77 kr) |
+738.5 % |
| Apartment (1 bedroom) Outside of Centre |
10,937.87 ₹ (18,318.06 kr) |
129,015.80 ₹ (216,067.67 kr) |
+1,079.5 % |
| Apartment (3 bedrooms) in City Centre |
40,995.02 ₹ (68,655.92 kr) |
203,657.61 ₹ (341,073.17 kr) |
+396.8 % |
| Apartment (3 bedrooms) Outside of Centre |
25,515.32 ₹ (42,731.48 kr) |
184,458.04 ₹ (308,918.92 kr) |
+622.9 % |
Buy Apartment Price | India Edit |
Iceland Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
15,097.78 ₹ (25,284.83 kr) |
44,170.15 ₹ (73,973.43 kr) |
+192.6 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
8,295.36 ₹ (13,892.56 kr) |
35,856.33 ₹ (60,049.97 kr) |
+332.2 % |
Salaries And Financing | India Edit |
Iceland Edit | |
| Average Monthly Net Salary (After Tax) |
51,625.08 ₹ (86,458.49 kr) |
348,613.42 ₹ (583,836.19 kr) |
+575.3 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 8.88 | 7.37 | -17.0 % |
| Last update: | May 2024 | April 2024 | |
| Contributors in the past 12 months: | 4861 | 199 |
Moving to India? Explore:
Moving to Iceland? Explore: