Cost of living comparison
Iceland is 21.5% more expensive than Austria.
If you lived in Iceland instead of Austria, you would:
pay 11.6% more for restaurants
|
Austria
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$15.13
€14.13
|
$17.84
kr2,513
|
|
|
Fast food combo meal
McDonalds, or similar
|
$9.01
€8.41
|
$14.27
kr2,010
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.84
€2.65
|
$2.32
kr327
|
|
| Bottle of water (11 fl. oz) |
$2.40
€2.24
|
$2.12
kr299
|
|
pay 15.1% more for groceries
|
Austria
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.29
€2.14
|
$3.42
kr482
|
|
| Local cheese (8 oz) |
$7.30
€6.82
|
$5.98
kr843
|
|
| Milk (1 gallon) |
$5.02
€4.69
|
$5.33
kr750
|
|
|
Eggs
1 dozen
|
$3.54
€3.31
|
$5.66
kr797
|
|
| Boneless chicken breast (1 lb) |
$5.30
€4.94
|
$7.09
kr999
|
|
| Apples (1 lb) |
$1.10
€1.02
|
$1.16
kr164
|
|
| Bananas (1 lb) |
$0.87
€0.81
|
$0.98
kr138
|
|
| Oranges (1 lb) |
$1.13
€1.05
|
$1.17
kr165
|
|
| Tomatoes (1 lb) |
$1.53
€1.43
|
$1.84
kr259
|
|
| Potatoes (1 lb) |
$0.81
€0.75
|
$0.96
kr135
|
|
| Onions (1 lb) |
$0.70
€0.65
|
$0.51
kr72
|
|
pay 27.0% more for transportation
|
Austria
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.22
€6.74
|
$8.03
kr1,132
|
|
| Monthly public transit pass |
$48.12
€44.91
|
$77.40
kr10,905
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$25,940.65
€24,213.00
|
$29,836.83
kr4,204,009
|
|
| Taxi trip in downtown area (5 miles) |
$19.81
€18.49
|
$23.97
kr3,377
|
|
pay 46.5% more for housing
|
Austria
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$37.53
€35.03
|
$62.40
kr8,793
|
|
| 1-Bedroom apartment in downtown area |
$743.38
€693.87
|
$1,437.14
kr202,493
|
|
| 1-Bedroom apartment outside city center |
$621.91
€580.49
|
$1,215.63
kr171,282
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$222.11
€207.32
|
$68.63
kr9,670
|
|
pay 52.1% less for childcare
|
Austria
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$416.59
€388.84
|
$259.34
kr36,542
|
|
| Middle school for 1 child, two semesters |
$8,210.34
€7,663.53
|
$2,750.10
kr387,489
|
|
pay 46.6% more for entertainment and sports
|
Austria
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$4.19
€3.91
|
$8.52
kr1,201
|
|
| Cappuccino in mid-range area |
$3.32
€3.10
|
$4.15
kr585
|
|
|
Pack of cigarettes
Marlboro or similar
|
$6.20
€5.79
|
$10.64
kr1,498
|
|
| Monthly membership at local gym |
$41.56
€38.79
|
$56.90
kr8,018
|
|
| Movie ticket to theater/cinema |
$12.77
€11.92
|
$12.27
kr1,729
|
|
pay 55.5% more for clothing
|
Austria
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$75.76
€70.71
|
$118.08
kr16,637
|
|
|
Regular dress
from H&M or similar store
|
$38.64
€36.07
|
$50.39
kr7,100
|
|
|
Running shoes
Nike or Adidas
|
$85.33
€79.65
|
$151.12
kr21,292
|
|
| Men's business shoes (leather) |
$110.53
€103.17
|
$175.20
kr24,685
|
|
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