Cost of living comparison
Luxembourg is 37.4% more expensive than Iceland.
If you lived in Luxembourg instead of Iceland, you would:
pay 19.3% more for restaurants
Iceland
|
Luxembourg
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$19.51
ISK2,699
|
$21.06
€19.36
|
|
Fast food combo meal
McDonalds, or similar
|
$16.45
ISK2,275
|
$11.91
€10.95
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.70
ISK374
|
$3.42
€3.15
|
|
Bottle of water (11 fl. oz) |
$1.95
ISK270
|
$3.33
€3.06
|
|
pay 7.9% less for groceries
Iceland
|
Luxembourg
|
||
---|---|---|---|
Bread
1 loaf
|
$3.16
ISK436
|
$2.95
€2.71
|
|
Local cheese (8 oz) |
$6.72
ISK929
|
$8.08
€7.43
|
|
Milk (1 gallon) |
$6.27
ISK867
|
$5.49
€5.05
|
|
Eggs
1 dozen
|
$6.03
ISK834
|
$3.92
€3.61
|
|
Boneless chicken breast (1 lb) |
$7.60
ISK1,051
|
$5.50
€5.05
|
|
Apples (1 lb) |
$1.13
ISK156
|
$1.19
€1.10
|
|
Bananas (1 lb) |
$1.01
ISK140
|
$0.80
€0.74
|
|
Oranges (1 lb) |
$1.15
ISK160
|
$1.14
€1.05
|
|
Tomatoes (1 lb) |
$1.71
ISK237
|
$1.99
€1.83
|
|
Potatoes (1 lb) |
$1.13
ISK156
|
$0.74
€0.68
|
|
Onions (1 lb) |
$0.68
ISK94
|
$0.74
€0.68
|
|
pay 8.9% less for transportation
Iceland
|
Luxembourg
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.42
ISK1,164
|
$6.17
€5.67
|
|
Monthly public transit pass |
$68.29
ISK9,444
|
?? | |
New Volkswagen Golf 1.4 (standard edition) |
$39,714.69
ISK5,492,145
|
$27,583.68
€25,353.54
|
|
Taxi trip in downtown area (5 miles) |
$23.23
ISK3,212
|
$30.32
€27.87
|
|
pay 41.0% more for housing
Iceland
|
Luxembourg
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$74.47
ISK10,299
|
$51.70
€47.52
|
|
1-Bedroom apartment in downtown area |
$1,518.94
ISK210,054
|
$1,876.48
€1,724.77
|
|
1-Bedroom apartment outside city center |
$1,325.48
ISK183,300
|
$1,454.17
€1,336.60
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$66.99
ISK9,264
|
$175.23
€161.07
|
|
pay 3.9 times more for childcare
Iceland
|
Luxembourg
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$254.97
ISK35,259
|
$1,174.85
€1,079.86
|
|
Middle school for 1 child, two semesters |
$5,993.83
ISK828,886
|
$18,971.77
€17,437.90
|
|
pay 27.5% less for entertainment and sports
Iceland
|
Luxembourg
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$9.37
ISK1,296
|
$6.50
€5.97
|
|
Cappuccino in mid-range area |
$4.61
ISK638
|
$3.85
€3.54
|
|
Pack of cigarettes
Marlboro or similar
|
$11.22
ISK1,551
|
$5.96
€5.47
|
|
Monthly membership at local gym |
$60.00
ISK8,298
|
$38.16
€35.08
|
|
Movie ticket to theater/cinema |
$13.94
ISK1,928
|
$13.00
€11.95
|
|
pay 43.1% less for clothing
Iceland
|
Luxembourg
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$108.23
ISK14,967
|
$61.37
€56.41
|
|
Regular dress
from H&M or similar store
|
$59.73
ISK8,260
|
$33.16
€30.47
|
|
Running shoes
Nike or Adidas
|
$146.94
ISK20,320
|
$86.13
€79.17
|
|
Men's business shoes (leather) |
$169.24
ISK23,404
|
$96.05
€88.29
|
|
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