Cost of living comparison
compared to
Iceland vs. Boston Cost of Living Summary
Iceland is 9.8% cheaper than Boston.
Iceland vs. Boston Cost Breakdown
If you lived in Iceland instead of Boston, you would:
pay 27.3% more for restaurants
|
Boston
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$30.00
|
$28.88
ISK3,517
|
|
|
Fast food combo meal
McDonalds, or similar
|
$12.00
|
$22.83
ISK2,781
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.09
|
$3.25
ISK395
|
|
| Bottle of water (11 fl. oz) |
$2.27
|
$3.01
ISK367
|
|
Boston vs. Iceland - Cost of restaurants
pay 11.1% less for groceries
|
Boston
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$4.49
|
$3.55
ISK433
|
|
| Local cheese (8 oz) |
$7.82
|
$10.11
ISK1,232
|
|
| Milk (1 gallon) |
$4.68
|
$7.79
ISK949
|
|
|
Eggs
1 dozen
|
$6.09
|
$6.92
ISK843
|
|
| Boneless chicken breast (1 lb) |
$6.71
|
$11.01
ISK1,341
|
|
| Apples (1 lb) |
$3.36
|
$1.43
ISK174
|
|
| Bananas (1 lb) |
$0.92
|
$1.23
ISK149
|
|
| Oranges (1 lb) |
$2.48
|
$1.42
ISK173
|
|
| Tomatoes (1 lb) |
$3.43
|
$2.60
ISK317
|
|
| Potatoes (1 lb) |
$2.01
|
$1.71
ISK208
|
|
| Onions (1 lb) |
$1.85
|
$0.76
ISK92
|
|
Boston vs. Iceland - Cost of groceries
pay 39.3% more for transportation
|
Boston
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.24
|
$8.09
ISK985
|
|
| Monthly public transit pass |
$90.00
|
$80.58
ISK9,813
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$36,584.00
|
$48,967.53
ISK6M
|
|
| Taxi trip in downtown area (5 miles) |
$16.60
|
$26.24
ISK3,195
|
|
Boston vs. Iceland - Cost of transportation
pay 34.9% less for housing
|
Boston
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$86.64
|
$98.24
ISK11,964
|
|
| 1-Bedroom apartment in downtown area |
$3,347.20
|
$2,335.24
ISK284K
|
|
| 1-Bedroom apartment outside city center |
$2,653.85
|
$1,824.40
ISK222K
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$186.11
|
$72.34
ISK8,809
|
|
Boston vs. Iceland - Cost of housing
pay 52.9% less for childcare
|
Boston
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$2,900.09
|
$833.66
ISK102K
|
|
| Middle school for 1 child, two semesters |
$36,004.38
|
$27,752.37
ISK3M
|
|
Boston vs. Iceland - Cost of childcare
pay 13.3% more for entertainment and sports
|
Boston
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$8.00
|
$11.37
ISK1,385
|
|
| Cappuccino in mid-range area |
$5.26
|
$5.90
ISK718
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.54
|
$13.85
ISK1,687
|
|
| Monthly membership at local gym |
$85.75
|
$83.64
ISK10,186
|
|
| Movie ticket to theater/cinema |
$16.00
|
$17.92
ISK2,182
|
|
Boston vs. Iceland - Cost of entertainment and sports
pay 41.7% more for clothing
|
Boston
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$76.37
|
$134.47
ISK16,375
|
|
|
Regular dress
from H&M or similar store
|
$52.38
|
$63.25
ISK7,702
|
|
|
Running shoes
Nike or Adidas
|
$118.50
|
$159.03
ISK19,366
|
|
| Men's business shoes (leather) |
$167.81
|
$237.19
ISK28,885
|
|
Boston vs. Iceland - Cost of clothing
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
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Compare further: Boston vs. Iceland
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cost of living in United States vs. Iceland.
This provides a comparison of the average cost of living from cities within United States and Iceland.
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