Cost of living comparison

compared to

Iceland vs. Connecticut Cost of Living Summary

Iceland is 29.8% more expensive than Connecticut.

Restaurants
pay 34.0% more in Iceland
Groceries
pay 10.4% more in Iceland
Transportation
pay 79.7% more in Iceland
Housing
pay 3.2% less in Iceland
Childcare
pay 27.2% less in Iceland
Entertainment and Sports
pay 20.6% more in Iceland
Clothing
pay 94.6% more in Iceland

The cost of clothing, transportation, restaurants, entertainment and sports, and groceries in Iceland are more expensive than in Connecticut. Expenses including childcare and housing are lower in Iceland. Notably, clothing and transportation are significantly more expensive in Iceland.

Iceland vs. Connecticut Cost Breakdown

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

pay 34.0% more for restaurants

 
Connecticut
Iceland
Basic meal with drink at inexpensive restaurant $25.15
 
$26.52
ISK3,394
Fast food combo meal
McDonalds, or similar
$11.65
 
$21.32
ISK2,728
Bottle of Coca-Cola (11 fl. oz) $2.67
 
$3.11
ISK398

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pay 10.4% more for groceries

 
Connecticut
Iceland
Bread
1 loaf
$4.23
 
$3.80
ISK487
Local cheese (8 oz) $7.82
 
$9.44
ISK1,208
Milk (1 gallon) $4.42
 
$7.78
ISK996

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pay 79.7% more for transportation

 
Connecticut
Iceland
Gasoline (1 gallon) $3.26
 
$9.65
ISK1,235
Monthly public transit pass $56.38
 
$79.56
ISK10,182
New Volkswagen Golf 1.4 (standard edition) $32,569.77
 
$49,144.25
ISK6,289,481

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pay 3.2% less for housing

 
Connecticut
Iceland
Internet connection
50 mbps or faster, cable/dsl
$62.37
 
$95.65
ISK12,241
1-Bedroom apartment in downtown area $2,310.48
 
$2,289.17
ISK292,968
1-Bedroom apartment outside city center $1,957.50
 
$1,830.04
ISK234,209

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pay 27.2% less for childcare

 
Connecticut
Iceland
Private preschool for 1 child, monthly $1,606.87
 
$334.67
ISK42,830
Middle school for 1 child, two semesters $24,583.33
 
$30,711.08
ISK3,930,404

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pay 20.6% more for entertainment and sports

 
Connecticut
Iceland
Domestic/local beer (1 pint) $7.30
 
$11.14
ISK1,426
Cappuccino in mid-range area $5.07
 
$5.62
ISK720
Pack of cigarettes
Marlboro or similar
$12.48
 
$13.90
ISK1,778

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pay 94.6% more for clothing

 
Connecticut
Iceland
Regular jeans
Levi's brand
$51.81
 
$130.91
ISK16,753
Regular dress
from H&M or similar store
$47.40
 
$61.83
ISK7,913
Running shoes
Nike or Adidas
$80.29
 
$163.81
ISK20,965

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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: December 2025
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