Cost of living comparison
Iceland is 17.3% more expensive than Helsinki.
If you lived in Iceland instead of Helsinki, you would:
pay 14.8% more for restaurants
|
Helsinki
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$14.40
€13.46
|
$17.84
kr2,507
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.42
€9.74
|
$14.27
kr2,006
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.71
€2.53
|
$2.32
kr326
|
|
| Bottle of water (11 fl. oz) |
$1.88
€1.76
|
$2.12
kr298
|
|
pay 29.2% more for groceries
|
Helsinki
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.52
€2.35
|
$3.42
kr481
|
|
| Local cheese (8 oz) |
$4.03
€3.77
|
$5.98
kr841
|
|
| Milk (1 gallon) |
$4.44
€4.15
|
$5.33
kr749
|
|
|
Eggs
1 dozen
|
$3.02
€2.82
|
$5.66
kr795
|
|
| Boneless chicken breast (1 lb) |
$5.24
€4.90
|
$7.09
kr997
|
|
| Apples (1 lb) |
$1.12
€1.04
|
$1.16
kr163
|
|
| Bananas (1 lb) |
$0.81
€0.76
|
$0.98
kr138
|
|
| Oranges (1 lb) |
$1.06
€0.99
|
$1.17
kr165
|
|
| Tomatoes (1 lb) |
$1.93
€1.81
|
$1.84
kr258
|
|
| Potatoes (1 lb) |
$0.50
€0.47
|
$0.96
kr134
|
|
| Onions (1 lb) |
$0.70
€0.65
|
$0.51
kr72
|
|
pay 4.2% more for transportation
|
Helsinki
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.73
€8.16
|
$8.03
kr1,129
|
|
| Monthly public transit pass |
$71.46
€66.81
|
$77.40
kr10,879
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$35,182.39
€32,891.49
|
$29,836.83
kr4,193,865
|
|
| Taxi trip in downtown area (5 miles) |
$18.20
€17.01
|
$23.97
kr3,369
|
|
pay 62.6% more for housing
|
Helsinki
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$21.87
€20.45
|
$62.40
kr8,771
|
|
| 1-Bedroom apartment in downtown area |
$1,063.35
€994.11
|
$1,437.14
kr202,005
|
|
| 1-Bedroom apartment outside city center |
$840.88
€786.13
|
$1,215.63
kr170,868
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$80.65
€75.39
|
$68.63
kr9,647
|
|
pay 44.3% less for childcare
|
Helsinki
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$378.45
€353.81
|
$259.34
kr36,453
|
|
| Middle school for 1 child, two semesters |
$6,404.29
€5,987.28
|
$2,750.10
kr386,554
|
|
pay 4.0% more for entertainment and sports
|
Helsinki
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$8.52
€7.97
|
$8.52
kr1,198
|
|
| Cappuccino in mid-range area |
$4.55
€4.25
|
$4.15
kr584
|
|
|
Pack of cigarettes
Marlboro or similar
|
$10.66
€9.97
|
$10.64
kr1,495
|
|
| Monthly membership at local gym |
$37.26
€34.83
|
$56.90
kr7,998
|
|
| Movie ticket to theater/cinema |
$16.99
€15.88
|
$12.27
kr1,725
|
|
pay 50.4% more for clothing
|
Helsinki
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$92.71
€86.67
|
$118.08
kr16,597
|
|
|
Regular dress
from H&M or similar store
|
$36.44
€34.07
|
$50.39
kr7,083
|
|
|
Running shoes
Nike or Adidas
|
$79.67
€74.48
|
$151.12
kr21,241
|
|
| Men's business shoes (leather) |
$119.75
€111.95
|
$175.20
kr24,626
|
|
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