Cost of Living Comparison Between United States and Iceland Reverse

For major cities in those countries you get more relevant data by specifying cities.
City in United States:
City in Iceland:
Indices DifferenceInfo
Cost of Living in Iceland is 19.9% higher than in United States (without rent)
Cost of Living Including Rent in Iceland is 10.4% higher than in United States
Rent Prices in Iceland are 7.9% lower than in United States
Restaurant Prices in Iceland are 30.8% higher than in United States
Groceries Prices in Iceland are 20.2% higher than in United States
Local Purchasing Power in Iceland is 14.3% lower than in United States
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
 United States Edit Iceland Edit Difference
Meal, Inexpensive Restaurant 20.00 $
(2,753.60 kr)		 21.79 $
(3,000.00 kr)		      +8.9 %
Meal for 2 People, Mid-range Restaurant, Three-course 75.00 $
(10,326.00 kr)		 120.00 $
(16,521.60 kr)		      +60.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 11.00 $
(1,514.48 kr)		 16.71 $
(2,300.00 kr)		      +51.9 %
Domestic Beer (1 pint draught) 6.00 $
(826.08 kr)		 10.17 $
(1,400.00 kr)		      +69.5 %
Imported Beer (12 oz small bottle) 7.00 $
(963.76 kr)		 8.72 $
(1,200.00 kr)		      +24.5 %
Cappuccino (regular) 5.14 $
(708.08 kr)		 5.10 $
(702.24 kr)		      -0.8 %
Coke/Pepsi (12 oz small bottle) 2.51 $
(345.55 kr)		 2.97 $
(409.36 kr)		      +18.5 %
Water (12 oz small bottle) 2.06 $
(283.39 kr)		 2.18 $
(300.58 kr)		      +6.1 %
Markets
 United States Edit Iceland Edit
Milk (regular), (1 gallon) 3.99 $
(549.68 kr)		 6.26 $
(862.03 kr)		      +56.8 %
Loaf of Fresh White Bread (1 lb) 3.25 $
(447.82 kr)		 3.13 $
(431.01 kr)		      -3.8 %
Rice (white), (1 lb) 2.06 $
(284.14 kr)		 1.33 $
(182.80 kr)		      -35.7 %
Eggs (regular) (12) 3.67 $
(505.78 kr)		 5.77 $
(793.85 kr)		      +57.0 %
Local Cheese (1 lb) 5.84 $
(804.65 kr)		 6.79 $
(935.33 kr)		      +16.2 %
Chicken Fillets (1 lb) 5.47 $
(753.60 kr)		 8.79 $
(1,210.60 kr)		      +60.6 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.26 $
(1,000.24 kr)		 14.89 $
(2,050.63 kr)		      +105.0 %
Apples (1 lb) 2.40 $
(330.16 kr)		 1.28 $
(176.79 kr)		      -46.5 %
Banana (1 lb) 0.76 $
(104.56 kr)		 1.01 $
(138.89 kr)		      +32.8 %
Oranges (1 lb) 2.04 $
(280.99 kr)		 1.21 $
(167.02 kr)		      -40.6 %
Tomato (1 lb) 2.23 $
(307.01 kr)		 2.14 $
(294.90 kr)		      -3.9 %
Potato (1 lb) 1.35 $
(185.84 kr)		 1.39 $
(191.67 kr)		      +3.1 %
Onion (1 lb) 1.39 $
(191.04 kr)		 0.82 $
(113.41 kr)		      -40.6 %
Lettuce (1 head) 2.17 $
(299.11 kr)		 2.99 $
(411.38 kr)		      +37.5 %
Water (1.5 liter bottle) 2.19 $
(301.91 kr)		 2.03 $
(279.85 kr)		      -7.3 %
Bottle of Wine (Mid-Range) 15.00 $
(2,065.20 kr)		 21.20 $
(2,918.50 kr)		      +41.3 %
Domestic Beer (0.5 liter bottle) 1.81 $
(249.73 kr)		 3.20 $
(441.26 kr)		      +76.7 %
Imported Beer (12 oz small bottle) 3.52 $
(483.99 kr)		 2.63 $
(361.70 kr)		      -25.3 %
Cigarettes 20 Pack (Marlboro) 10.00 $
(1,376.80 kr)		 11.98 $
(1,650.00 kr)		      +19.8 %
Transportation
 United States Edit Iceland Edit
One-way Ticket (Local Transport) 2.50 $
(344.20 kr)		 4.14 $
(570.00 kr)		      +65.6 %
Monthly Pass (Regular Price) 70.00 $
(9,637.60 kr)		 67.55 $
(9,300.00 kr)		      -3.5 %
Taxi Start (Normal Tariff) 3.50 $
(481.88 kr)		 5.30 $
(730.00 kr)		      +51.5 %
Taxi 1 mile (Normal Tariff) 2.80 $
(385.50 kr)		 3.79 $
(521.43 kr)		      +35.3 %
Taxi 1hour Waiting (Normal Tariff) 30.00 $
(4,130.40 kr)		 71.91 $
(9,900.00 kr)		      +139.7 %
Gasoline (1 gallon) 3.64 $
(501.45 kr)		 8.56 $
(1,178.50 kr)		      +135.0 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,680.68 $
(4,637,156.57 kr)		 42,054.04 $
(5,790,000.00 kr)		      +24.9 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 26,152.35 $
(3,600,655.39 kr)		 43,076.34 $
(5,930,750.00 kr)		      +64.7 %
Utilities (Monthly)
 United States Edit Iceland Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 207.91 $
(28,625.71 kr)		 100.20 $
(13,796.06 kr)		      -51.8 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 54.50 $
(7,503.45 kr)		 24.20 $
(3,332.38 kr)		      -55.6 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 71.07 $
(9,785.50 kr)		 70.74 $
(9,738.93 kr)		      -0.5 %
Sports And Leisure
 United States Edit Iceland Edit
Fitness Club, Monthly Fee for 1 Adult 47.22 $
(6,501.38 kr)		 64.83 $
(8,926.30 kr)		      +37.3 %
Tennis Court Rent (1 Hour on Weekend) 22.04 $
(3,034.72 kr)		 30.05 $
(4,137.22 kr)		      +36.3 %
Cinema, International Release, 1 Seat 14.00 $
(1,927.52 kr)		 14.53 $
(2,000.00 kr)		      +3.8 %
Childcare
 United States Edit Iceland Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,382.73 $
(190,374.22 kr)		 265.07 $
(36,494.67 kr)		      -80.8 %
International Primary School, Yearly for 1 Child 22,667.92 $
(3,120,918.87 kr)		 5,638.07 $
(776,250.00 kr)		      -75.1 %
Clothing And Shoes
 United States Edit Iceland Edit
1 Pair of Jeans (Levis 501 Or Similar) 52.38 $
(7,212.35 kr)		 113.94 $
(15,687.33 kr)		      +117.5 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 43.05 $
(5,926.44 kr)		 50.95 $
(7,014.74 kr)		      +18.4 %
1 Pair of Nike Running Shoes (Mid-Range) 88.94 $
(12,245.06 kr)		 149.57 $
(20,593.33 kr)		      +68.2 %
1 Pair of Men Leather Business Shoes 114.15 $
(15,716.36 kr)		 177.25 $
(24,403.18 kr)		      +55.3 %
Rent Per Month
 United States Edit Iceland Edit
Apartment (1 bedroom) in City Centre 1,830.30 $
(251,995.68 kr)		 1,816.18 $
(250,051.41 kr)		      -0.8 %
Apartment (1 bedroom) Outside of Centre 1,514.65 $
(208,536.59 kr)		 1,611.95 $
(221,933.01 kr)		      +6.4 %
Apartment (3 bedrooms) in City Centre 3,117.89 $
(429,270.71 kr)		 2,546.52 $
(350,605.26 kr)		      -18.3 %
Apartment (3 bedrooms) Outside of Centre 2,518.19 $
(346,704.47 kr)		 2,296.21 $
(316,142.86 kr)		      -8.8 %
Buy Apartment Price
 United States Edit Iceland Edit
Price per Square Feet to Buy Apartment in City Centre 455.71 $
(62,742.33 kr)		 543.19 $
(74,786.32 kr)		      +19.2 %
Price per Square Feet to Buy Apartment Outside of Centre 360.09 $
(49,576.61 kr)		 434.81 $
(59,865.25 kr)		      +20.8 %
Salaries And Financing
 United States Edit Iceland Edit
Average Monthly Net Salary (After Tax) 4,433.71 $
(610,433.76 kr)		 4,195.22 $
(577,597.35 kr)		      -5.4 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.63 7.44      +12.3 %
Last update: July 2024July 2024
Contributors in the past 12 months:13347228
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