Iceland is 19.1% more expensive than Georgia.

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

pay 32.7% more for restaurants

 
Georgia
Iceland
Basic meal with drink at inexpensive restaurant $15.47
 
$17.84
kr2,428
Fast food combo meal
McDonalds, or similar
$7.88
 
$14.27
kr1,942
Bottle of Coca-Cola (11 fl. oz) $2.11
 
$2.32
kr315

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pay 0.3% more for groceries

 
Georgia
Iceland
Bread
1 loaf
$2.85
 
$3.42
kr466
Local cheese (8 oz) $6.04
 
$5.98
kr814
Milk (1 gallon) $3.39
 
$5.33
kr725

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pay 61.3% more for transportation

 
Georgia
Iceland
Gasoline (1 gallon) $3.08
 
$8.03
kr1,094
Monthly public transit pass $57.28
 
$77.40
kr10,535
New Volkswagen Golf 1.4 (standard edition) $25,762.21
 
$29,836.83
kr4,061,389

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pay 12.6% less for housing

 
Georgia
Iceland
Internet connection
50 mbps or faster, cable/dsl
$71.88
 
$62.40
kr8,494
1-Bedroom apartment in downtown area $1,348.70
 
$1,437.14
kr195,624
1-Bedroom apartment outside city center $1,154.19
 
$1,215.63
kr165,471

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pay 75.2% less for childcare

 
Georgia
Iceland
Private preschool for 1 child, monthly $804.31
 
$259.34
kr35,302
Middle school for 1 child, two semesters $15,912.75
 
$2,750.10
kr374,343

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pay 46.1% more for entertainment and sports

 
Georgia
Iceland
Domestic/local beer (1 pint) $4.78
 
$8.52
kr1,160
Cappuccino in mid-range area $4.43
 
$4.15
kr565
Pack of cigarettes
Marlboro or similar
$6.80
 
$10.64
kr1,448

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pay 81.3% more for clothing

 
Georgia
Iceland
Regular jeans
Levi's brand
$48.03
 
$118.08
kr16,072
Regular dress
from H&M or similar store
$38.27
 
$50.39
kr6,859
Running shoes
Nike or Adidas
$79.52
 
$151.12
kr20,570

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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: September 2023
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Compare countries by overall cost of living

See the 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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