Cost of living comparison

compared to

Iceland vs. Hawaii Cost of Living Summary

Iceland is 18.6% more expensive than Hawaii.

Restaurants
pay 12.6% more in Iceland
Groceries
pay 26.0% less in Iceland
Transportation
pay 47.0% more in Iceland
Housing
pay 4.6% less in Iceland
Childcare
pay 5.7% less in Iceland
Entertainment and Sports
pay 23.1% more in Iceland
Clothing
pay 84.0% more in Iceland

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

Iceland vs. Hawaii Cost Breakdown

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

pay 12.6% more for restaurants

 
Hawaii
Iceland
Basic meal with drink at inexpensive restaurant $31.67
 
$26.52
ISK3,394
Fast food combo meal
McDonalds, or similar
$13.92
 
$21.32
ISK2,728
Bottle of Coca-Cola (11 fl. oz) $2.92
 
$3.11
ISK398

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pay 26.0% less for groceries

 
Hawaii
Iceland
Bread
1 loaf
$7.40
 
$3.80
ISK487
Local cheese (8 oz) $9.55
 
$9.44
ISK1,208
Milk (1 gallon) $7.31
 
$7.78
ISK996

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pay 47.0% more for transportation

 
Hawaii
Iceland
Gasoline (1 gallon) $4.67
 
$9.65
ISK1,235
Monthly public transit pass $73.40
 
$79.56
ISK10,182
New Volkswagen Golf 1.4 (standard edition) $34,191.72
 
$49,144.25
ISK6,289,481

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pay 4.6% less for housing

 
Hawaii
Iceland
Internet connection
50 mbps or faster, cable/dsl
$62.43
 
$95.65
ISK12,241
1-Bedroom apartment in downtown area $2,196.87
 
$2,289.17
ISK292,968
1-Bedroom apartment outside city center $1,945.73
 
$1,830.04
ISK234,209

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pay 5.7% less for childcare

 
Hawaii
Iceland
Private preschool for 1 child, monthly $1,529.17
 
$334.67
ISK42,830
Middle school for 1 child, two semesters $18,420.00
 
$30,711.08
ISK3,930,404

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pay 23.1% more for entertainment and sports

 
Hawaii
Iceland
Domestic/local beer (1 pint) $6.50
 
$11.14
ISK1,426
Cappuccino in mid-range area $6.51
 
$5.62
ISK720
Pack of cigarettes
Marlboro or similar
$12.87
 
$13.90
ISK1,778

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pay 84.0% more for clothing

 
Hawaii
Iceland
Regular jeans
Levi's brand
$56.33
 
$130.91
ISK16,753
Regular dress
from H&M or similar store
$42.33
 
$61.83
ISK7,913
Running shoes
Nike or Adidas
$96.67
 
$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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