Cost of living comparison
Oslo is 14.8% more expensive than Iceland.
If you lived in Oslo instead of Iceland, you would:
pay 7.0% more for restaurants
Iceland
|
Oslo
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$17.84
ISK2,489
|
$19.06
NOK206.63
|
|
Fast food combo meal
McDonalds, or similar
|
$14.27
ISK1,991
|
$11.43
NOK123.98
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.32
ISK323
|
$2.80
NOK30.33
|
|
Bottle of water (11 fl. oz) |
$2.12
ISK296
|
$2.55
NOK27.70
|
|
pay 4.6% more for groceries
Iceland
|
Oslo
|
||
---|---|---|---|
Bread
1 loaf
|
$3.42
ISK478
|
$3.33
NOK36.11
|
|
Local cheese (8 oz) |
$5.98
ISK835
|
$5.65
NOK61.23
|
|
Milk (1 gallon) |
$5.33
ISK743
|
$7.54
NOK81.76
|
|
Eggs
1 dozen
|
$5.66
ISK790
|
$3.77
NOK40.86
|
|
Boneless chicken breast (1 lb) |
$7.09
ISK990
|
$5.90
NOK63.94
|
|
Apples (1 lb) |
$1.16
ISK162
|
$1.24
NOK13.49
|
|
Bananas (1 lb) |
$0.98
ISK137
|
$0.90
NOK9.73
|
|
Oranges (1 lb) |
$1.17
ISK163
|
$1.16
NOK12.63
|
|
Tomatoes (1 lb) |
$1.84
ISK256
|
$1.62
NOK17.58
|
|
Potatoes (1 lb) |
$0.96
ISK134
|
$0.84
NOK9.06
|
|
Onions (1 lb) |
$0.51
ISK71
|
$0.99
NOK10.77
|
|
pay 0.2% less for transportation
Iceland
|
Oslo
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.03
ISK1,121
|
$7.99
NOK86.63
|
|
Monthly public transit pass |
$77.40
ISK10,800
|
$77.56
NOK840.97
|
|
New Volkswagen Golf 1.4 (standard edition) |
$29,836.83
ISK4,163,431
|
$33,348.90
NOK361,596.01
|
|
Taxi trip in downtown area (5 miles) |
$23.97
ISK3,344
|
$20.96
NOK227.29
|
|
pay 19.4% more for housing
Iceland
|
Oslo
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$62.40
ISK8,708
|
$39.84
NOK431.93
|
|
1-Bedroom apartment in downtown area |
$1,437.14
ISK200,539
|
$1,309.35
NOK14,197.06
|
|
1-Bedroom apartment outside city center |
$1,215.63
ISK169,628
|
$1,134.95
NOK12,306.07
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$68.63
ISK9,577
|
$157.33
NOK1,705.94
|
|
pay 98.0% more for childcare
Iceland
|
Oslo
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$259.34
ISK36,189
|
$311.45
NOK3,377.05
|
|
Middle school for 1 child, two semesters |
$2,750.10
ISK383,749
|
$7,586.53
NOK82,259.40
|
|
pay 9.2% more for entertainment and sports
Iceland
|
Oslo
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$8.52
ISK1,189
|
$9.53
NOK103.31
|
|
Cappuccino in mid-range area |
$4.15
ISK579
|
$4.24
NOK45.92
|
|
Pack of cigarettes
Marlboro or similar
|
$10.64
ISK1,484
|
$14.29
NOK154.97
|
|
Monthly membership at local gym |
$56.90
ISK7,940
|
$41.81
NOK453.35
|
|
Movie ticket to theater/cinema |
$12.27
ISK1,713
|
$15.25
NOK165.30
|
|
pay 34.3% less for clothing
Iceland
|
Oslo
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$118.08
ISK16,476
|
$78.58
NOK852.08
|
|
Regular dress
from H&M or similar store
|
$50.39
ISK7,031
|
$36.31
NOK393.71
|
|
Running shoes
Nike or Adidas
|
$151.12
ISK21,087
|
$97.89
NOK1,061.44
|
|
Men's business shoes (leather) |
$175.20
ISK24,447
|
$103.77
NOK1,125.13
|
|
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