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
Consumer Prices in Iceland are 17.0% higher than in United States (without rent)
Consumer Prices Including Rent in Iceland are 8.3% higher than in United States
Rent Prices in Iceland are 7.5% lower than in United States
Restaurant Prices in Iceland are 27.4% higher than in United States
Groceries Prices in Iceland are 17.7% higher than in United States
Local Purchasing Power in Iceland is 14.7% 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 $
(2,790.40 kr)		 21.50 $
(3,000.00 kr)		      +7.5 %
Meal for 2 People, Mid-range Restaurant, Three-course 75.00 $
(10,464.00 kr)		 114.68 $
(16,000.00 kr)		      +52.9 %
McMeal at McDonalds (or Equivalent Combo Meal) 11.00 $
(1,534.72 kr)		 16.48 $
(2,299.50 kr)		      +49.8 %
Domestic Beer (1 pint draught) 6.00 $
(837.12 kr)		 10.23 $
(1,427.43 kr)		      +70.5 %
Imported Beer (12 oz small bottle) 7.00 $
(976.64 kr)		 8.60 $
(1,200.00 kr)		      +22.9 %
Cappuccino (regular) 5.10 $
(711.57 kr)		 4.90 $
(684.25 kr)		      -3.8 %
Coke/Pepsi (12 oz small bottle) 2.48 $
(346.70 kr)		 2.82 $
(392.89 kr)		      +13.3 %
Water (12 oz small bottle) 2.05 $
(286.27 kr)		 2.12 $
(295.60 kr)		      +3.3 %
Markets
 United States Edit Iceland Edit
Milk (regular), (1 gallon) 4.00 $
(557.90 kr)		 6.10 $
(851.36 kr)		      +52.6 %
Loaf of Fresh White Bread (1 lb) 3.23 $
(450.71 kr)		 3.13 $
(436.03 kr)		      -3.3 %
Rice (white), (1 lb) 2.06 $
(287.86 kr)		 1.44 $
(200.69 kr)		      -30.3 %
Eggs (regular) (12) 3.70 $
(516.26 kr)		 5.73 $
(799.60 kr)		      +54.9 %
Local Cheese (1 lb) 5.82 $
(811.52 kr)		 6.61 $
(922.17 kr)		      +13.6 %
Chicken Fillets (1 lb) 5.49 $
(766.65 kr)		 8.41 $
(1,174.00 kr)		      +53.1 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.28 $
(1,015.16 kr)		 13.94 $
(1,944.92 kr)		      +91.6 %
Apples (1 lb) 2.40 $
(334.87 kr)		 1.41 $
(197.01 kr)		      -41.2 %
Banana (1 lb) 0.76 $
(106.18 kr)		 1.00 $
(139.16 kr)		      +31.1 %
Oranges (1 lb) 2.03 $
(283.65 kr)		 1.23 $
(171.20 kr)		      -39.6 %
Tomato (1 lb) 2.22 $
(309.05 kr)		 2.10 $
(292.63 kr)		      -5.3 %
Potato (1 lb) 1.36 $
(189.78 kr)		 1.38 $
(192.76 kr)		      +1.6 %
Onion (1 lb) 1.38 $
(192.03 kr)		 0.86 $
(120.36 kr)		      -37.3 %
Lettuce (1 head) 2.16 $
(301.10 kr)		 3.11 $
(434.00 kr)		      +44.1 %
Water (1.5 liter bottle) 2.18 $
(304.79 kr)		 2.10 $
(293.58 kr)		      -3.7 %
Bottle of Wine (Mid-Range) 15.00 $
(2,092.80 kr)		 19.71 $
(2,750.00 kr)		      +31.4 %
Domestic Beer (0.5 liter bottle) 1.77 $
(247.45 kr)		 3.15 $
(439.70 kr)		      +77.7 %
Imported Beer (12 oz small bottle) 3.55 $
(495.55 kr)		 2.65 $
(369.58 kr)		      -25.4 %
Cigarettes 20 Pack (Marlboro) 10.00 $
(1,395.20 kr)		 11.83 $
(1,650.00 kr)		      +18.3 %
Transportation
 United States Edit Iceland Edit
One-way Ticket (Local Transport) 2.50 $
(348.80 kr)		 4.09 $
(570.00 kr)		      +63.4 %
Monthly Pass (Regular Price) 72.00 $
(10,045.44 kr)		 66.66 $
(9,300.00 kr)		      -7.4 %
Taxi Start (Normal Tariff) 3.75 $
(523.20 kr)		 5.23 $
(730.00 kr)		      +39.5 %
Taxi 1 mile (Normal Tariff) 2.75 $
(383.82 kr)		 3.50 $
(487.63 kr)		      +27.0 %
Taxi 1hour Waiting (Normal Tariff) 30.00 $
(4,185.60 kr)		 67.09 $
(9,360.00 kr)		      +123.6 %
Gasoline (1 gallon) 3.65 $
(509.57 kr)		 8.45 $
(1,178.77 kr)		      +131.3 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,354.00 $
(4,653,550.08 kr)		 37,915.71 $
(5,290,000.00 kr)		      +13.7 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 26,101.91 $
(3,641,738.38 kr)		 41,391.32 $
(5,774,916.67 kr)		      +58.6 %
Utilities (Monthly)
 United States Edit Iceland Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 203.71 $
(28,420.98 kr)		 105.80 $
(14,761.35 kr)		      -48.1 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 52.53 $
(7,328.69 kr)		 23.80 $
(3,320.53 kr)		      -54.7 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 70.71 $
(9,865.70 kr)		 70.68 $
(9,861.97 kr)		      -0.0 %
Sports And Leisure
 United States Edit Iceland Edit
Fitness Club, Monthly Fee for 1 Adult 47.31 $
(6,600.84 kr)		 63.54 $
(8,865.14 kr)		      +34.3 %
Tennis Court Rent (1 Hour on Weekend) 22.12 $
(3,085.69 kr)		 30.45 $
(4,248.33 kr)		      +37.7 %
Cinema, International Release, 1 Seat 14.00 $
(1,953.28 kr)		 14.33 $
(2,000.00 kr)		      +2.4 %
Childcare
 United States Edit Iceland Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,377.79 $
(192,229.89 kr)		 262.78 $
(36,663.56 kr)		      -80.9 %
International Primary School, Yearly for 1 Child 22,999.48 $
(3,208,887.36 kr)		 5,563.72 $
(776,250.00 kr)		      -75.8 %
Clothing And Shoes
 United States Edit Iceland Edit
1 Pair of Jeans (Levis 501 Or Similar) 52.04 $
(7,261.19 kr)		 114.86 $
(16,025.31 kr)		      +120.7 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 42.68 $
(5,954.51 kr)		 49.90 $
(6,962.11 kr)		      +16.9 %
1 Pair of Nike Running Shoes (Mid-Range) 88.54 $
(12,353.64 kr)		 150.71 $
(21,026.67 kr)		      +70.2 %
1 Pair of Men Leather Business Shoes 114.07 $
(15,914.73 kr)		 172.66 $
(24,089.05 kr)		      +51.4 %
Rent Per Month
 United States Edit Iceland Edit
Apartment (1 bedroom) in City Centre 1,762.41 $
(245,891.17 kr)		 1,739.53 $
(242,698.66 kr)		      -1.3 %
Apartment (1 bedroom) Outside of Centre 1,451.16 $
(202,465.21 kr)		 1,548.71 $
(216,076.42 kr)		      +6.7 %
Apartment (3 bedrooms) in City Centre 2,965.74 $
(413,779.80 kr)		 2,444.62 $
(341,073.17 kr)		      -17.6 %
Apartment (3 bedrooms) Outside of Centre 2,407.59 $
(335,907.60 kr)		 2,214.16 $
(308,918.92 kr)		      -8.0 %
Buy Apartment Price
 United States Edit Iceland Edit
Price per Square Feet to Buy Apartment in City Centre 321.78 $
(44,895.32 kr)		 530.20 $
(73,973.43 kr)		      +64.8 %
Price per Square Feet to Buy Apartment Outside of Centre 259.38 $
(36,188.81 kr)		 430.35 $
(60,042.69 kr)		      +65.9 %
Salaries And Financing
 United States Edit Iceland Edit
Average Monthly Net Salary (After Tax) 4,530.81 $
(632,139.14 kr)		 4,184.20 $
(583,779.09 kr)		      -7.7 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.57 7.37      +12.3 %
Last update: May 2024May 2024
Contributors in the past 12 months:11473200
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