Cost of living in Iceland
compared to
These numbers reflect the average prices of 4 cities in Iceland, such as
Keflavik,
Hafnarfjorour,
Reykjavik,
Akureyri,
and more. To view the cost of living in a specific city in Iceland, search for a city above.
|
Cost
|
Range | |
|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$15.00
kr2,051
|
$11.31
-
$29.67
|
|
Fast food combo meal
McDonalds, or similar
|
$12.33
kr1,686
|
$10.03
-
$16.17
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.20
kr301
|
$1.39
-
$2.95
|
| Bottle of water (11 fl. oz) |
$2.00
kr274
|
$1.64
-
$2.87
|
Iceland - Cost of restaurants
|
Cost
|
Range | |
|---|---|---|
|
Bread
1 loaf
|
$3.14
kr430
|
$2.05
-
$5.84
|
| Local cheese (8 oz) |
$5.86
kr801
|
$3.82
-
$8.40
|
| Milk (1 gallon) |
$5.16
kr706
|
$4.59
-
$6.88
|
|
Eggs
1 dozen
|
$5.51
kr754
|
$4.61
-
$8.19
|
| Boneless chicken breast (1 lb) |
$7.10
kr971
|
$6.41
-
$8.26
|
| Apples (1 lb) |
$1.19
kr163
|
$0.92
-
$1.88
|
| Bananas (1 lb) |
$1.08
kr148
|
$1.00
-
$1.32
|
| Oranges (1 lb) |
$1.13
kr155
|
$1.05
-
$1.49
|
| Tomatoes (1 lb) |
$1.70
kr233
|
$1.14
-
$2.38
|
| Potatoes (1 lb) |
$1.01
kr139
|
$0.81
-
$1.28
|
| Onions (1 lb) |
$0.66
kr91
|
$0.56
-
$1.09
|
Iceland - Cost of groceries
|
Cost
|
Range | |
|---|---|---|
| Gasoline (1 gallon) |
$7.21
kr986
|
$6.05
-
$8.56
|
| Monthly public transit pass |
$85.09
kr11,636
|
$70.78
-
$95.81
|
| New Volkswagen Golf 1.4 (standard edition) |
$27,857.83
kr3,809,558
|
$25,633.25
-
$34,961.32
|
| Taxi trip in downtown area (5 miles) |
$21.37
kr2,922
|
$20.04
-
$29.86
|
Iceland - Cost of transportation
|
Cost
|
Range | |
|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$66.89
kr9,148
|
$54.35
-
$91.93
|
| 1-Bedroom apartment in downtown area |
$1,349.42
kr184,533
|
$1,137.57
-
$1,610.80
|
| 1-Bedroom apartment outside city center |
$1,143.63
kr156,391
|
$815.26
-
$1,308.21
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$70.86
kr9,690
|
$44.54
-
$115.28
|
Iceland - Cost of housing
|
Cost
|
Range | |
|---|---|---|
| Private preschool for 1 child, monthly |
$277.52
kr37,951
|
$246.43
-
$420.56
|
| Middle school for 1 child, two semesters |
$2,822.44
kr385,968
|
$2,411.65
-
$5,756.10
|
Iceland - Cost of childcare
|
Cost
|
Range | |
|---|---|---|
| Domestic/local beer (1 pint) |
$7.85
kr1,074
|
$5.75
-
$9.99
|
| Cappuccino in mid-range area |
$4.10
kr561
|
$2.92
-
$5.88
|
|
Pack of cigarettes
Marlboro or similar
|
$11.37
kr1,555
|
$10.23
-
$12.31
|
| Monthly membership at local gym |
$63.31
kr8,658
|
$49.26
-
$75.28
|
| Movie ticket to theater/cinema |
$11.69
kr1,599
|
$10.10
-
$16.99
|
Iceland - Cost of entertainment and sports
|
Cost
|
Range | |
|---|---|---|
|
Regular jeans
Levi's brand
|
$117.41
kr16,056
|
$93.53
-
$145.35
|
|
Regular dress
from H&M or similar store
|
$55.13
kr7,539
|
$35.38
-
$75.20
|
|
Running shoes
Nike or Adidas
|
$156.49
kr21,401
|
$126.39
-
$182.00
|
| Men's business shoes (leather) |
$191.54
kr26,193
|
$146.61
-
$241.41
|
Iceland - Cost of clothing
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