Cost of living comparison

Azerbaijan

compared to

Iceland

Iceland vs. Azerbaijan Cost of Living Summary

Iceland is 4.2 times more expensive than Azerbaijan overall.

Restaurants: pay 3.8 times more in Iceland
Groceries: pay 4.1 times more in Iceland
Transportation: pay 3.3 times more in Iceland
Housing: pay 6.4 times more in Iceland
Childcare: pay 3.5 times more in Iceland
Entertainment and Sports: pay 3.5 times more in Iceland
Clothing: pay 60.2% more in Iceland

The cost of housing, groceries, restaurants, childcare, entertainment and sports, and transportation in Iceland are more expensive than in Azerbaijan. Notably, housing, groceries, and restaurants are significantly more expensive in Iceland.

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Iceland vs. Azerbaijan Cost Breakdown

If you lived in Iceland instead of Azerbaijan, you would:

Display currency: USD

pay 3.8 times more for restaurants

	Azerbaijan	Iceland
Basic meal with drink at inexpensive restaurant	$7.29 AZN12.40	$28.88 ISK3,499	+295.9%
Fast food combo meal McDonalds, or similar	$7.12 AZN12.10	$22.83 ISK2,767	+220.8%
Bottle of Coca-Cola (11 fl. oz)	$0.83 AZN1.42	$3.25 ISK393	+288.9%
Bottle of water (11 fl. oz)	$0.49 AZN0.83	$3.01 ISK365	+512.8%
Average			+283.5%

Azerbaijan vs. Iceland - Cost of restaurants

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pay 4.1 times more for groceries

	Azerbaijan	Iceland
Bread 1 loaf	$0.38 AZN0.64	$3.55 ISK431	+837.6%
Local cheese (8 oz)	$1.82 AZN3.09	$10.11 ISK1,226	+457.2%
Milk (1 gallon)	$4.55 AZN7.73	$7.79 ISK944	+71.4%
Eggs 1 dozen	$1.36 AZN2.32	$6.92 ISK839	+408.4%
Boneless chicken breast (1 lb)	$1.70 AZN2.90	$11.01 ISK1,334	+545.9%
Apples (1 lb)	$0.35 AZN0.59	$1.43 ISK173	+309.6%
Bananas (1 lb)	$0.67 AZN1.14	$1.23 ISK148	+82.3%
Oranges (1 lb)	$0.56 AZN0.95	$1.42 ISK172	+154.1%
Tomatoes (1 lb)	$0.58 AZN0.98	$2.60 ISK315	+350.1%
Potatoes (1 lb)	$0.23 AZN0.39	$1.71 ISK207	+645.5%
Onions (1 lb)	$0.23 AZN0.39	$0.76 ISK92	+228.1%
Average			+314.1%

Azerbaijan vs. Iceland - Cost of groceries

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pay 3.3 times more for transportation

	Azerbaijan	Iceland
Gasoline (1 gallon)	$2.48 AZN4.22	$8.09 ISK980	+225.8%
Monthly public transit pass	$18.53 AZN31.50	$80.58 ISK9,765	+334.9%
New Volkswagen Golf 1.4 (standard edition)	$22,500.00 AZN38,250.00	$48,967.53 ISK6M	+117.6%
Taxi trip in downtown area (5 miles)	$4.85 AZN8.25	$26.24 ISK3,179	+440.6%
Average			+226.4%

Azerbaijan vs. Iceland - Cost of transportation

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pay 6.4 times more for housing

	Azerbaijan	Iceland
Internet connection 50 mbps or faster, cable/dsl	$14.12 AZN24.00	$98.24 ISK11,905	+595.9%
1-Bedroom apartment in downtown area	$328.27 AZN558.06	$2,335.24 ISK283K	+611.4%
1-Bedroom apartment outside city center	$207.00 AZN351.90	$1,824.40 ISK221K	+781.4%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$34.52 AZN58.69	$72.34 ISK8,766	+109.5%
Average			+544.5%

Azerbaijan vs. Iceland - Cost of housing

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pay 3.5 times more for childcare

	Azerbaijan	Iceland
Private preschool for 1 child, monthly	$228.32 AZN388.14	$833.66 ISK101K	+265.1%
Middle school for 1 child, two semesters	$8,153.59 AZN13,861.11	$27,752.37 ISK3M	+240.4%
Average			+252.5%

Azerbaijan vs. Iceland - Cost of childcare

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pay 3.5 times more for entertainment and sports

	Azerbaijan	Iceland
Domestic/local beer (1 pint)	$1.47 AZN2.50	$11.37 ISK1,378	+673.4%
Cappuccino in mid-range area	$2.60 AZN4.41	$5.90 ISK715	+127.1%
Pack of cigarettes Marlboro or similar	$2.94 AZN5.00	$13.85 ISK1,679	+371.0%
Monthly membership at local gym	$30.02 AZN51.03	$83.64 ISK10,136	+178.6%
Movie ticket to theater/cinema	$6.32 AZN10.75	$17.92 ISK2,171	+183.4%
Average			+247.2%

Azerbaijan vs. Iceland - Cost of entertainment and sports

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pay 60.2% more for clothing

	Azerbaijan	Iceland
Regular jeans Levi's brand	$71.02 AZN120.73	$134.47 ISK16,295	+89.3%
Regular dress from H&M or similar store	$53.58 AZN91.08	$63.25 ISK7,664	+18.0%
Running shoes Nike or Adidas	$121.52 AZN206.58	$159.03 ISK19,271	+30.9%
Men's business shoes (leather)	$105.21 AZN178.86	$237.19 ISK28,742	+125.4%
Average			+60.2%

Azerbaijan vs. Iceland - Cost of clothing

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We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated October 2026). How we calculate this

Compare further: Azerbaijan vs. Iceland

Salary Calculator · Free tool

What salary would you need in Iceland?

Quality of Life Comparison · 21 statistics

Make 13.3 times more money in Iceland

Size Comparison · See true size

Azerbaijan is about 1.2 times smaller than Iceland.

Moving from Azerbaijan to Iceland · OECD 2023

2 people moved from Azerbaijan to Iceland.

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