Cost of living comparison

compared to

Iceland vs. Berlin Cost of Living Summary

Iceland is 55.4% more expensive than Berlin.

Restaurants
pay 22.3% more in Iceland
Groceries
pay 47.4% more in Iceland
Transportation
pay 18.5% more in Iceland
Housing
pay 36.3% more in Iceland
Childcare
pay 2.5 times more in Iceland
Entertainment and Sports
pay 57.8% more in Iceland
Clothing
pay 54.5% more in Iceland

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

Iceland vs. Berlin Cost Breakdown

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

pay 22.3% more for restaurants

 
Berlin
Iceland
Basic meal with drink at inexpensive restaurant $17.52
€14.82
$26.52
ISK3,254
Fast food combo meal
McDonalds, or similar
$13.55
€11.46
$21.32
ISK2,616
Bottle of Coca-Cola (11 fl. oz) $3.49
€2.95
$3.11
ISK382

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pay 47.4% more for groceries

 
Berlin
Iceland
Bread
1 loaf
$2.25
€1.91
$3.80
ISK467
Local cheese (8 oz) $7.10
€6.01
$9.44
ISK1,158
Milk (1 gallon) $5.13
€4.34
$7.78
ISK955

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pay 18.5% more for transportation

 
Berlin
Iceland
Gasoline (1 gallon) $7.52
€6.36
$9.65
ISK1,185
Monthly public transit pass $68.91
€58.31
$79.56
ISK9,763
New Volkswagen Golf 1.4 (standard edition) $32,702.07
€27,672.49
$49,144.25
ISK6M

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pay 36.3% more for housing

 
Berlin
Iceland
Internet connection
50 mbps or faster, cable/dsl
$50.32
€42.58
$95.65
ISK11,737
1-Bedroom apartment in downtown area $1,427.12
€1,207.63
$2,289.17
ISK281K
1-Bedroom apartment outside city center $1,068.35
€904.04
$1,830.04
ISK225K

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pay 2.5 times more for childcare

 
Berlin
Iceland
Private preschool for 1 child, monthly $184.92
€156.48
$334.67
ISK41,067
Middle school for 1 child, two semesters $9,579.95
€8,106.56
$30,711.08
ISK4M

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pay 57.8% more for entertainment and sports

 
Berlin
Iceland
Domestic/local beer (1 pint) $5.26
€4.45
$11.14
ISK1,367
Cappuccino in mid-range area $4.45
€3.77
$5.62
ISK690
Pack of cigarettes
Marlboro or similar
$10.16
€8.60
$13.90
ISK1,705

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pay 54.5% more for clothing

 
Berlin
Iceland
Regular jeans
Levi's brand
$93.79
€79.37
$130.91
ISK16,063
Regular dress
from H&M or similar store
$43.63
€36.92
$61.83
ISK7,587
Running shoes
Nike or Adidas
$106.67
€90.27
$163.81
ISK20,102

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: February 2026
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