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 16.1% higher than in United States (without rent)
Consumer Prices Including Rent in Iceland are 3.2% higher than in United States
Rent Prices in Iceland are 18.8% lower than in United States
Restaurant Prices in Iceland are 15.8% higher than in United States
Groceries Prices in Iceland are 14.0% higher than in United States
Local Purchasing Power in Iceland is 6.0% 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 $
(2,806.40 kr)		 18.24 $
(2,559.94 kr)		      -8.8 %
Meal for 2 People, Mid-range Restaurant, Three-course 75.00 $
(10,524.00 kr)		 106.90 $
(15,000.00 kr)		      +42.5 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 $
(1,403.20 kr)		 14.28 $
(2,003.19 kr)		      +42.8 %
Domestic Beer (1 pint draught) 6.00 $
(841.92 kr)		 9.23 $
(1,295.00 kr)		      +53.8 %
Imported Beer (12 oz small bottle) 7.00 $
(982.24 kr)		 7.48 $
(1,050.00 kr)		      +6.9 %
Cappuccino (regular) 4.74 $
(665.61 kr)		 4.48 $
(627.99 kr)		      -5.7 %
Coke/Pepsi (12 oz small bottle) 2.33 $
(326.83 kr)		 2.64 $
(370.32 kr)		      +13.3 %
Water (12 oz small bottle) 1.84 $
(258.58 kr)		 2.05 $
(287.50 kr)		      +11.2 %
Markets
 United States Edit Iceland Edit
Milk (regular), (1 gallon) 3.90 $
(546.84 kr)		 5.58 $
(782.40 kr)		      +43.1 %
Loaf of Fresh White Bread (1 lb) 3.20 $
(449.70 kr)		 2.89 $
(405.63 kr)		      -9.8 %
Rice (white), (1 lb) 1.90 $
(266.69 kr)		 1.35 $
(189.54 kr)		      -28.9 %
Eggs (regular) (12) 4.53 $
(636.25 kr)		 5.61 $
(786.65 kr)		      +23.6 %
Local Cheese (1 lb) 5.37 $
(753.66 kr)		 5.84 $
(819.28 kr)		      +8.7 %
Chicken Fillets (1 lb) 5.41 $
(759.82 kr)		 7.59 $
(1,064.81 kr)		      +40.1 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.87 $
(964.69 kr)		 12.33 $
(1,729.66 kr)		      +79.3 %
Apples (1 lb) 2.21 $
(310.67 kr)		 1.41 $
(197.77 kr)		      -36.3 %
Banana (1 lb) 0.73 $
(102.43 kr)		 1.00 $
(140.28 kr)		      +36.9 %
Oranges (1 lb) 1.89 $
(265.01 kr)		 1.17 $
(164.15 kr)		      -38.1 %
Tomato (1 lb) 2.08 $
(292.15 kr)		 2.09 $
(293.54 kr)		      +0.5 %
Potato (1 lb) 1.25 $
(176.09 kr)		 1.21 $
(169.96 kr)		      -3.5 %
Onion (1 lb) 1.26 $
(177.16 kr)		 0.64 $
(90.09 kr)		      -49.2 %
Lettuce (1 head) 2.14 $
(300.66 kr)		 2.82 $
(396.32 kr)		      +31.8 %
Water (1.5 liter bottle) 2.12 $
(297.66 kr)		 1.94 $
(272.00 kr)		      -8.6 %
Bottle of Wine (Mid-Range) 13.00 $
(1,824.16 kr)		 19.95 $
(2,800.00 kr)		      +53.5 %
Domestic Beer (0.5 liter bottle) 2.71 $
(380.06 kr)		 3.01 $
(423.03 kr)		      +11.3 %
Imported Beer (12 oz small bottle) 3.38 $
(473.91 kr)		 2.57 $
(361.19 kr)		      -23.8 %
Cigarettes 20 Pack (Marlboro) 9.00 $
(1,262.88 kr)		 11.40 $
(1,600.00 kr)		      +26.7 %
Transportation
 United States Edit Iceland Edit
One-way Ticket (Local Transport) 2.50 $
(350.80 kr)		 3.56 $
(500.00 kr)		      +42.5 %
Monthly Pass (Regular Price) 69.30 $
(9,724.18 kr)		 64.14 $
(9,000.00 kr)		      -7.4 %
Taxi Start (Normal Tariff) 3.50 $
(491.12 kr)		 5.20 $
(730.00 kr)		      +48.6 %
Taxi 1 mile (Normal Tariff) 2.70 $
(378.86 kr)		 3.44 $
(482.80 kr)		      +27.4 %
Taxi 1hour Waiting (Normal Tariff) 30.00 $
(4,209.60 kr)		 57.01 $
(8,000.00 kr)		      +90.0 %
Gasoline (1 gallon) 3.77 $
(528.44 kr)		 8.36 $
(1,172.84 kr)		      +121.9 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 25,000.00 $
(3,508,000.00 kr)		 32,069.56 $
(4,500,000.00 kr)		      +28.3 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 23,642.14 $
(3,317,465.47 kr)		 36,555.17 $
(5,129,421.05 kr)		      +54.6 %
Utilities (Monthly)
 United States Edit Iceland Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 186.21 $
(26,128.75 kr)		 103.79 $
(14,563.54 kr)		      -44.3 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.18 $
(24.89 kr)		 0.08 $
(11.21 kr)		      -55.0 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 70.08 $
(9,834.30 kr)		 64.03 $
(8,984.08 kr)		      -8.6 %
Sports And Leisure
 United States Edit Iceland Edit
Fitness Club, Monthly Fee for 1 Adult 41.87 $
(5,875.51 kr)		 61.27 $
(8,597.86 kr)		      +46.3 %
Tennis Court Rent (1 Hour on Weekend) 18.44 $
(2,587.72 kr)		 34.35 $
(4,819.58 kr)		      +86.2 %
Cinema, International Release, 1 Seat 12.50 $
(1,754.00 kr)		 12.83 $
(1,800.00 kr)		      +2.6 %
Childcare
 United States Edit Iceland Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,191.27 $
(167,159.28 kr)		 262.41 $
(36,821.95 kr)		      -78.0 %
International Primary School, Yearly for 1 Child 16,847.81 $
(2,364,084.95 kr)		 4,046.70 $
(567,833.33 kr)		      -76.0 %
Clothing And Shoes
 United States Edit Iceland Edit
1 Pair of Jeans (Levis 501 Or Similar) 51.12 $
(7,172.71 kr)		 113.19 $
(15,882.52 kr)		      +121.4 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 40.23 $
(5,644.65 kr)		 49.39 $
(6,931.00 kr)		      +22.8 %
1 Pair of Nike Running Shoes (Mid-Range) 81.39 $
(11,420.87 kr)		 146.15 $
(20,508.18 kr)		      +79.6 %
1 Pair of Men Leather Business Shoes 110.55 $
(15,512.64 kr)		 176.28 $
(24,735.40 kr)		      +59.5 %
Rent Per Month
 United States Edit Iceland Edit
Apartment (1 bedroom) in City Centre 1,696.71 $
(238,082.20 kr)		 1,511.78 $
(212,133.44 kr)		      -10.9 %
Apartment (1 bedroom) Outside of Centre 1,373.72 $
(192,760.74 kr)		 1,286.83 $
(180,568.57 kr)		      -6.3 %
Apartment (3 bedrooms) in City Centre 3,037.44 $
(426,213.34 kr)		 2,149.68 $
(301,642.86 kr)		      -29.2 %
Apartment (3 bedrooms) Outside of Centre 2,260.84 $
(317,240.84 kr)		 1,844.45 $
(258,813.65 kr)		      -18.4 %
Buy Apartment Price
 United States Edit Iceland Edit
Price per Square Feet to Buy Apartment in City Centre 432.39 $
(60,673.30 kr)		 500.99 $
(70,299.55 kr)		      +15.9 %
Price per Square Feet to Buy Apartment Outside of Centre 292.49 $
(41,041.51 kr)		 380.72 $
(53,422.16 kr)		      +30.2 %
Salaries And Financing
 United States Edit Iceland Edit
Average Monthly Net Salary (After Tax) 4,250.13 $
(596,378.34 kr)		 4,124.45 $
(578,742.39 kr)		      -3.0 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.42 5.98      +10.2 %
Last update: June 2023June 2023
Contributors in the past 12 months:13772237
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