Cost of living comparison
Iceland is 25.8% more expensive than Austria.
If you lived in Iceland instead of Austria, you would:
pay 5.5% more for restaurants
|
Austria
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$13.96
€13.70
|
$15.00
kr2,051
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.49
€8.33
|
$12.33
kr1,686
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.73
€2.68
|
$2.20
kr301
|
|
| Bottle of water (11 fl. oz) |
$2.27
€2.22
|
$2.00
kr274
|
|
pay 26.1% more for groceries
|
Austria
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.17
€2.13
|
$3.14
kr430
|
|
| Local cheese (8 oz) |
$7.10
€6.97
|
$5.86
kr801
|
|
| Milk (1 gallon) |
$4.53
€4.44
|
$5.16
kr706
|
|
|
Eggs
1 dozen
|
$3.19
€3.13
|
$5.51
kr754
|
|
| Boneless chicken breast (1 lb) |
$5.13
€5.03
|
$7.10
kr971
|
|
| Apples (1 lb) |
$1.00
€0.99
|
$1.19
kr163
|
|
| Bananas (1 lb) |
$0.78
€0.76
|
$1.08
kr148
|
|
| Oranges (1 lb) |
$1.10
€1.08
|
$1.13
kr155
|
|
| Tomatoes (1 lb) |
$1.32
€1.29
|
$1.70
kr233
|
|
| Potatoes (1 lb) |
$0.73
€0.72
|
$1.01
kr139
|
|
| Onions (1 lb) |
$0.64
€0.63
|
$0.66
kr91
|
|
pay 26.2% more for transportation
|
Austria
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.89
€6.77
|
$7.21
kr986
|
|
| Monthly public transit pass |
$48.91
€48.01
|
$85.09
kr11,636
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$24,457.96
€24,009.57
|
$27,857.83
kr3,809,558
|
|
| Taxi trip in downtown area (5 miles) |
$18.99
€18.64
|
$21.37
kr2,922
|
|
pay 48.0% more for housing
|
Austria
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$36.27
€35.60
|
$66.89
kr9,148
|
|
| 1-Bedroom apartment in downtown area |
$766.13
€752.08
|
$1,349.42
kr184,533
|
|
| 1-Bedroom apartment outside city center |
$596.46
€585.53
|
$1,143.63
kr156,391
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$178.40
€175.13
|
$70.86
kr9,690
|
|
pay 46.2% less for childcare
|
Austria
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$368.77
€362.01
|
$277.52
kr37,951
|
|
| Middle school for 1 child, two semesters |
$8,777.60
€8,616.68
|
$2,822.44
kr385,968
|
|
pay 56.9% more for entertainment and sports
|
Austria
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.93
€3.86
|
$7.85
kr1,074
|
|
| Cappuccino in mid-range area |
$3.09
€3.03
|
$4.10
kr561
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.84
€5.73
|
$11.37
kr1,555
|
|
| Monthly membership at local gym |
$39.56
€38.83
|
$63.31
kr8,658
|
|
| Movie ticket to theater/cinema |
$12.05
€11.83
|
$11.69
kr1,599
|
|
pay 64.2% more for clothing
|
Austria
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$84.61
€83.06
|
$117.41
kr16,056
|
|
|
Regular dress
from H&M or similar store
|
$34.20
€33.58
|
$55.13
kr7,539
|
|
|
Running shoes
Nike or Adidas
|
$83.23
€81.70
|
$156.49
kr21,401
|
|
| Men's business shoes (leather) |
$113.40
€111.32
|
$191.54
kr26,193
|
|
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