Iceland is 23.2% more expensive than Germany.

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

Display currency: USD

pay 19.6% more for restaurants

 
Germany
Iceland
Basic meal with drink at inexpensive restaurant $13.72
€12.69
$19.51
ISK2,705
Fast food combo meal
McDonalds, or similar
$10.18
€9.42
$16.45
ISK2,280
Bottle of Coca-Cola (11 fl. oz) $2.83
€2.61
$2.70
ISK375

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pay 27.3% more for groceries

 
Germany
Iceland
Bread
1 loaf
$2.11
€1.95
$3.16
ISK437
Local cheese (8 oz) $6.75
€6.25
$6.72
ISK931
Milk (1 gallon) $4.24
€3.92
$6.27
ISK869

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pay 19.5% more for transportation

 
Germany
Iceland
Gasoline (1 gallon) $7.16
€6.63
$8.42
ISK1,167
Monthly public transit pass $54.61
€50.53
$68.29
ISK9,466
New Volkswagen Golf 1.4 (standard edition) $29,249.82
€27,064.86
$39,714.69
ISK5,504,456

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pay 46.3% more for housing

 
Germany
Iceland
Internet connection
50 mbps or faster, cable/dsl
$49.15
€45.48
$74.47
ISK10,322
1-Bedroom apartment in downtown area $800.45
€740.66
$1,518.94
ISK210,525
1-Bedroom apartment outside city center $616.33
€570.29
$1,325.48
ISK183,711

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pay 46.7% less for childcare

 
Germany
Iceland
Private preschool for 1 child, monthly $434.24
€401.80
$254.97
ISK35,338
Middle school for 1 child, two semesters $12,512.98
€11,578.26
$5,993.83
ISK830,744

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pay 51.6% more for entertainment and sports

 
Germany
Iceland
Domestic/local beer (1 pint) $4.33
€4.01
$9.37
ISK1,299
Cappuccino in mid-range area $3.44
€3.19
$4.61
ISK639
Pack of cigarettes
Marlboro or similar
$8.81
€8.15
$11.22
ISK1,555

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pay 44.6% more for clothing

 
Germany
Iceland
Regular jeans
Levi's brand
$83.65
€77.40
$108.23
ISK15,001
Regular dress
from H&M or similar store
$41.29
€38.21
$59.73
ISK8,279
Running shoes
Nike or Adidas
$89.84
€83.13
$146.94
ISK20,366

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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: June 2024
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