Cost of living comparison
India is 73.4% cheaper than Iceland.
If you lived in India instead of Iceland, you would:
pay 83.4% less for restaurants
Iceland
|
India
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$17.84
ISK2,489
|
$2.24
₹186.79
|
|
Fast food combo meal
McDonalds, or similar
|
$14.27
ISK1,991
|
$3.92
₹327.41
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.32
ISK323
|
$0.41
₹34.39
|
|
Bottle of water (11 fl. oz) |
$2.12
ISK296
|
$0.19
₹15.49
|
|
pay 69.0% less for groceries
Iceland
|
India
|
||
---|---|---|---|
Bread
1 loaf
|
$3.42
ISK478
|
$0.45
₹37.62
|
|
Local cheese (8 oz) |
$5.98
ISK835
|
$2.51
₹209.32
|
|
Milk (1 gallon) |
$5.33
ISK743
|
$2.48
₹206.87
|
|
Eggs
1 dozen
|
$5.66
ISK790
|
$0.92
₹76.64
|
|
Boneless chicken breast (1 lb) |
$7.09
ISK990
|
$1.36
₹113.51
|
|
Apples (1 lb) |
$1.16
ISK162
|
$0.83
₹69.38
|
|
Bananas (1 lb) |
$0.98
ISK137
|
$0.28
₹23.57
|
|
Oranges (1 lb) |
$1.17
ISK163
|
$0.44
₹36.98
|
|
Tomatoes (1 lb) |
$1.84
ISK256
|
$0.22
₹18.23
|
|
Potatoes (1 lb) |
$0.96
ISK134
|
$0.16
₹13.61
|
|
Onions (1 lb) |
$0.51
ISK71
|
$0.19
₹15.78
|
|
pay 68.6% less for transportation
Iceland
|
India
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.03
ISK1,121
|
$4.78
₹399.48
|
|
Monthly public transit pass |
$77.40
ISK10,800
|
$8.38
₹699.72
|
|
New Volkswagen Golf 1.4 (standard edition) |
$29,836.83
ISK4,163,431
|
$13,136.82
₹1,097,537.17
|
|
Taxi trip in downtown area (5 miles) |
$23.97
ISK3,344
|
$2.70
₹225.33
|
|
pay 83.2% less for housing
Iceland
|
India
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$62.40
ISK8,708
|
$8.43
₹704.65
|
|
1-Bedroom apartment in downtown area |
$1,437.14
ISK200,539
|
$126.14
₹10,538.63
|
|
1-Bedroom apartment outside city center |
$1,215.63
ISK169,628
|
$85.52
₹7,144.86
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$68.63
ISK9,577
|
$26.13
₹2,182.90
|
|
pay 68.8% less for childcare
Iceland
|
India
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$259.34
ISK36,189
|
$47.60
₹3,977.01
|
|
Middle school for 1 child, two semesters |
$2,750.10
ISK383,749
|
$1,206.46
₹100,795.39
|
|
pay 70.8% less for entertainment and sports
Iceland
|
India
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$8.52
ISK1,189
|
$1.88
₹157.36
|
|
Cappuccino in mid-range area |
$4.15
ISK579
|
$1.40
₹117.08
|
|
Pack of cigarettes
Marlboro or similar
|
$10.64
ISK1,484
|
$3.85
₹321.29
|
|
Monthly membership at local gym |
$56.90
ISK7,940
|
$17.05
₹1,424.65
|
|
Movie ticket to theater/cinema |
$12.27
ISK1,713
|
$2.94
₹245.39
|
|
pay 70.1% less for clothing
Iceland
|
India
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$118.08
ISK16,476
|
$25.43
₹2,124.37
|
|
Regular dress
from H&M or similar store
|
$50.39
ISK7,031
|
$26.83
₹2,241.36
|
|
Running shoes
Nike or Adidas
|
$151.12
ISK21,087
|
$41.28
₹3,448.69
|
|
Men's business shoes (leather) |
$175.20
ISK24,447
|
$30.75
₹2,569.01
|
|
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