Cost of living comparison
compared to
Iceland vs. Georgia Cost of Living Summary
Iceland is 51.0% more expensive than Georgia.
- Restaurants
-
pay 57.8% more in Iceland
- Groceries
-
pay 40.5% more in Iceland
- Transportation
-
pay 84.9% more in Iceland
- Housing
-
pay 15.7% more in Iceland
- Childcare
-
pay 4.3% less in Iceland
- Entertainment and Sports
-
pay 54.7% more in Iceland
- Clothing
-
pay 2.1 times more in Iceland
The cost of clothing, transportation, restaurants, entertainment and sports, groceries, and housing in Iceland are more expensive than in Georgia. Notably, clothing and transportation are significantly more expensive in Iceland.
Iceland vs. Georgia Cost Breakdown
If you lived in Iceland instead of Georgia, you would:
pay 57.8% more for restaurants
|
Georgia
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.33
|
$26.52
ISK3,394
|
|
|
Fast food combo meal
McDonalds, or similar
|
$9.85
|
$21.32
ISK2,728
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.35
|
$3.11
ISK398
|
|
| Bottle of water (11 fl. oz) |
$1.87
|
$2.72
ISK348
|
|
Georgia vs. Iceland - Cost of restaurants
pay 40.5% more for groceries
|
Georgia
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.29
|
$3.80
ISK487
|
|
| Local cheese (8 oz) |
$5.40
|
$9.44
ISK1,208
|
|
| Milk (1 gallon) |
$3.61
|
$7.78
ISK996
|
|
|
Eggs
1 dozen
|
$3.64
|
$6.71
ISK859
|
|
| Boneless chicken breast (1 lb) |
$4.74
|
$11.22
ISK1,436
|
|
| Apples (1 lb) |
$2.35
|
$1.50
ISK191
|
|
| Bananas (1 lb) |
$0.74
|
$1.15
ISK147
|
|
| Oranges (1 lb) |
$2.03
|
$1.41
ISK181
|
|
| Tomatoes (1 lb) |
$1.94
|
$2.34
ISK300
|
|
| Potatoes (1 lb) |
$1.31
|
$1.65
ISK211
|
|
| Onions (1 lb) |
$1.29
|
$1.09
ISK140
|
|
Georgia vs. Iceland - Cost of groceries
pay 84.9% more for transportation
|
Georgia
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$2.95
|
$9.65
ISK1,235
|
|
| Monthly public transit pass |
$59.48
|
$79.56
ISK10,182
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$32,222.12
|
$49,144.25
ISK6,289,481
|
|
| Taxi trip in downtown area (5 miles) |
$20.21
|
$25.55
ISK3,270
|
|
Georgia vs. Iceland - Cost of transportation
pay 15.7% more for housing
|
Georgia
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$70.37
|
$95.65
ISK12,241
|
|
| 1-Bedroom apartment in downtown area |
$1,602.45
|
$2,289.17
ISK292,968
|
|
| 1-Bedroom apartment outside city center |
$1,294.62
|
$1,830.04
ISK234,209
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$152.88
|
$65.15
ISK8,338
|
|
Georgia vs. Iceland - Cost of housing
pay 4.3% less for childcare
|
Georgia
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,141.84
|
$334.67
ISK42,830
|
|
| Middle school for 1 child, two semesters |
$18,947.68
|
$30,711.08
ISK3,930,404
|
|
Georgia vs. Iceland - Cost of childcare
pay 54.7% more for entertainment and sports
|
Georgia
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$5.70
|
$11.14
ISK1,426
|
|
| Cappuccino in mid-range area |
$5.00
|
$5.62
ISK720
|
|
|
Pack of cigarettes
Marlboro or similar
|
$7.86
|
$13.90
ISK1,778
|
|
| Monthly membership at local gym |
$47.66
|
$78.17
ISK10,004
|
|
| Movie ticket to theater/cinema |
$13.42
|
$16.75
ISK2,144
|
|
Georgia vs. Iceland - Cost of entertainment and sports
pay 2.1 times more for clothing
|
Georgia
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$47.91
|
$130.91
ISK16,753
|
|
|
Regular dress
from H&M or similar store
|
$39.23
|
$61.83
ISK7,913
|
|
|
Running shoes
Nike or Adidas
|
$89.18
|
$163.81
ISK20,965
|
|
| Men's business shoes (leather) |
$109.56
|
$237.31
ISK30,371
|
|
Georgia vs. Iceland - Cost of clothing
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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