Cost of living comparison
Iceland is 23.4% more expensive than Helsinki.
If you lived in Iceland instead of Helsinki, you would:
pay 15.3% more for restaurants
Helsinki
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$16.33
€15.15
|
$19.51
ISK2,723
|
|
Fast food combo meal
McDonalds, or similar
|
$10.88
€10.10
|
$16.45
ISK2,295
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.90
€2.69
|
$2.70
ISK377
|
|
Bottle of water (11 fl. oz) |
$2.00
€1.85
|
$1.95
ISK273
|
|
pay 26.5% more for groceries
Helsinki
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$3.08
€2.86
|
$3.16
ISK440
|
|
Local cheese (8 oz) |
$4.26
€3.95
|
$6.72
ISK937
|
|
Milk (1 gallon) |
$4.79
€4.45
|
$6.27
ISK875
|
|
Eggs
1 dozen
|
$3.21
€2.97
|
$6.03
ISK841
|
|
Boneless chicken breast (1 lb) |
$5.77
€5.35
|
$7.60
ISK1,061
|
|
Apples (1 lb) |
$1.12
€1.04
|
$1.13
ISK157
|
|
Bananas (1 lb) |
$0.86
€0.80
|
$1.01
ISK141
|
|
Oranges (1 lb) |
$1.06
€0.99
|
$1.15
ISK161
|
|
Tomatoes (1 lb) |
$1.94
€1.80
|
$1.71
ISK239
|
|
Potatoes (1 lb) |
$0.60
€0.55
|
$1.13
ISK158
|
|
Onions (1 lb) |
$0.90
€0.83
|
$0.68
ISK95
|
|
pay 10.8% more for transportation
Helsinki
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$7.86
€7.29
|
$8.42
ISK1,175
|
|
Monthly public transit pass |
$72.49
€67.26
|
$68.29
ISK9,530
|
|
New Volkswagen Golf 1.4 (standard edition) |
$35,098.36
€32,562.50
|
$39,714.69
ISK5,541,788
|
|
Taxi trip in downtown area (5 miles) |
$18.01
€16.71
|
$23.23
ISK3,241
|
|
pay 80.1% more for housing
Helsinki
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$20.67
€19.18
|
$74.47
ISK10,392
|
|
1-Bedroom apartment in downtown area |
$1,109.17
€1,029.03
|
$1,518.94
ISK211,953
|
|
1-Bedroom apartment outside city center |
$885.72
€821.73
|
$1,325.48
ISK184,957
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$90.90
€84.33
|
$66.99
ISK9,348
|
|
pay 33.8% less for childcare
Helsinki
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$336.03
€311.75
|
$254.97
ISK35,578
|
|
Middle school for 1 child, two semesters |
$10,589.37
€9,824.29
|
$5,993.83
ISK836,378
|
|
pay 2.2% more for entertainment and sports
Helsinki
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$8.71
€8.08
|
$9.37
ISK1,308
|
|
Cappuccino in mid-range area |
$4.86
€4.51
|
$4.61
ISK644
|
|
Pack of cigarettes
Marlboro or similar
|
$11.10
€10.30
|
$11.22
ISK1,565
|
|
Monthly membership at local gym |
$45.44
€42.16
|
$60.00
ISK8,373
|
|
Movie ticket to theater/cinema |
$18.50
€17.17
|
$13.94
ISK1,945
|
|
pay 62.9% more for clothing
Helsinki
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$90.44
€83.90
|
$108.23
ISK15,103
|
|
Regular dress
from H&M or similar store
|
$32.73
€30.36
|
$59.73
ISK8,335
|
|
Running shoes
Nike or Adidas
|
$79.18
€73.46
|
$146.94
ISK20,504
|
|
Men's business shoes (leather) |
$103.43
€95.95
|
$169.24
ISK23,616
|
|
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