Cost of living comparison

Greenland

compared to

Iceland

Iceland vs. Greenland Cost of Living Summary

Iceland is 21.5% more expensive than Greenland overall.

Restaurants: pay 22.8% more in Iceland
Groceries: pay 25.7% less in Iceland
Transportation: pay 32.8% more in Iceland
Housing: pay 48.4% more in Iceland
Childcare: pay 2.2 times more in Iceland
Entertainment and Sports: pay 12.2% more in Iceland
Clothing: pay 5.8% more in Iceland

The cost of childcare, housing, transportation, restaurants, entertainment and sports, and clothing in Iceland are more expensive than in Greenland. Notably, childcare is significantly more expensive in Iceland.

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Iceland vs. Greenland Cost Breakdown

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

Display currency: USD

pay 22.8% more for restaurants

	Greenland	Iceland
Basic meal with drink at inexpensive restaurant	$24.12 DKK163.58	$28.88 ISK3,579	+19.7%
Fast food combo meal McDonalds, or similar	$15.83 DKK107.38	$22.83 ISK2,830	+44.2%
Bottle of Coca-Cola (11 fl. oz)	$3.18 DKK21.57	$3.25 ISK402	+2.1%
Bottle of water (11 fl. oz)	$3.20 DKK21.73	$3.01 ISK373	-6.0%
Average			+22.8%

Greenland vs. Iceland - Cost of restaurants

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pay 25.7% less for groceries

	Greenland	Iceland
Bread 1 loaf	$4.72 DKK32.01	$3.55 ISK440	-24.7%
Local cheese (8 oz)	$17.23 DKK116.84	$10.11 ISK1,253	-41.3%
Milk (1 gallon)	$11.15 DKK75.64	$7.79 ISK966	-30.1%
Eggs 1 dozen	$5.11 DKK34.65	$6.92 ISK858	+35.5%
Boneless chicken breast (1 lb)	$14.20 DKK96.32	$11.01 ISK1,365	-22.5%
Apples (1 lb)	$2.04 DKK13.83	$1.43 ISK177	-30.1%
Bananas (1 lb)	$1.87 DKK12.67	$1.23 ISK152	-34.4%
Oranges (1 lb)	$2.41 DKK16.36	$1.42 ISK176	-41.3%
Tomatoes (1 lb)	$2.29 DKK15.55	$2.60 ISK323	+13.5%
Potatoes (1 lb)	$1.70 DKK11.52	$1.71 ISK212	+0.6%
Onions (1 lb)	$1.99 DKK13.48	$0.76 ISK94	-62.0%
Average			-25.7%

Greenland vs. Iceland - Cost of groceries

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pay 32.8% more for transportation

	Greenland	Iceland
Gasoline (1 gallon)	$3.45 DKK23.39	$8.09 ISK1,002	+134.4%
Monthly public transit pass	$86.14 DKK584.22	$80.58 ISK9,987	-6.5%
New Volkswagen Golf 1.4 (standard edition)	$38,949.79 DKK264K	$48,967.53 ISK6M	+25.7%
Taxi trip in downtown area (5 miles)	$50.93 DKK345.45	$26.24 ISK3,252	-48.5%
Average			+32.8%

Greenland vs. Iceland - Cost of transportation

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pay 48.4% more for housing

	Greenland	Iceland
Internet connection 50 mbps or faster, cable/dsl	$157.22 DKK1,066.33	$98.24 ISK12,175	-37.5%
1-Bedroom apartment in downtown area	$1,018.67 DKK6,908.95	$2,335.24 ISK289K	+129.2%
1-Bedroom apartment outside city center	$1,013.69 DKK6,875.17	$1,824.40 ISK226K	+80.0%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$194.75 DKK1,320.85	$72.34 ISK8,965	-62.9%
Average			+48.4%

Greenland vs. Iceland - Cost of housing

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pay 2.2 times more for childcare

	Greenland	Iceland
Private preschool for 1 child, monthly	$576.76 DKK3,911.74	$833.66 ISK103K	+44.5%
Middle school for 1 child, two semesters	$8,246.87 DKK55,932.74	$27,752.37 ISK3M	+236.5%
Average			+120.5%

Greenland vs. Iceland - Cost of childcare

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pay 12.2% more for entertainment and sports

	Greenland	Iceland
Domestic/local beer (1 pint)	$11.42 DKK77.47	$11.37 ISK1,410	-0.4%
Cappuccino in mid-range area	$5.92 DKK40.13	$5.90 ISK731	-0.3%
Pack of cigarettes Marlboro or similar	$9.91 DKK67.22	$13.85 ISK1,717	+39.8%
Monthly membership at local gym	$59.82 DKK405.74	$83.64 ISK10,366	+39.8%
Movie ticket to theater/cinema	$17.98 DKK121.92	$17.92 ISK2,221	-0.3%
Average			+12.2%

Greenland vs. Iceland - Cost of entertainment and sports

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pay 5.8% more for clothing

	Greenland	Iceland
Regular jeans Levi's brand	??	$134.47 ISK16,664
Regular dress from H&M or similar store	$52.43 DKK355.61	$63.25 ISK7,838	+20.6%
Running shoes Nike or Adidas	$170.78 DKK1,158.28	$159.03 ISK19,708	-6.9%
Men's business shoes (leather)	$224.71 DKK1,524.05	$237.19 ISK29,395	+5.6%
Average			+5.8%

Greenland vs. Iceland - Cost of clothing

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We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated November 2026). How we calculate this

Compare further: Greenland vs. Iceland

Salary Calculator · Free tool

What salary would you need in Iceland?

Quality of Life Comparison · 10 statistics

Make 68.1% more money in Iceland

Size Comparison · See true size

Greenland is about 21 times bigger than Iceland.

Moving from Greenland to Iceland · UN DESA 2020

82 people born in Greenland live in Iceland.

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