Cost of living comparison
Austin is 45.7% more expensive than Iceland overall.
- Restaurants
-
pay 11.4% less in Austin
- Groceries
-
pay 5.6% more in Austin
- Transportation
-
pay 34.9% less in Austin
- Housing
-
pay 38.5% more in Austin
- Childcare
-
pay 4.6 times more in Austin
- Entertainment and Sports
-
pay 11.5% less in Austin
- Clothing
-
pay 30.3% less in Austin
The cost of childcare, housing, and groceries in Austin are more expensive than in Iceland. Expenses including transportation, clothing, entertainment and sports, and restaurants are lower in Austin. Notably, childcare is significantly more expensive in Austin.
If you lived in Austin instead of Iceland, you would:
pay 11.4% less for restaurants
|
Iceland
|
Austin
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.40
ISK2,475
|
$18.00
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.94
ISK2,162
|
$10.00
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.81
ISK359
|
$2.62
|
|
| Bottle of water (11 fl. oz) |
$2.02
ISK258
|
$2.21
|
|
pay 5.6% more for groceries
|
Iceland
|
Austin
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.95
ISK377
|
$3.60
|
|
| Local cheese (8 oz) |
$7.27
ISK927
|
$6.37
|
|
| Milk (1 gallon) |
$6.01
ISK766
|
$3.94
|
|
|
Eggs
1 dozen
|
$5.42
ISK692
|
$3.37
|
|
| Boneless chicken breast (1 lb) |
$8.51
ISK1,086
|
$4.71
|
|
| Apples (1 lb) |
$1.22
ISK156
|
$2.33
|
|
| Bananas (1 lb) |
$1.03
ISK131
|
$0.69
|
|
| Oranges (1 lb) |
$1.17
ISK149
|
$1.94
|
|
| Tomatoes (1 lb) |
$1.87
ISK239
|
$1.61
|
|
| Potatoes (1 lb) |
$1.23
ISK158
|
$1.25
|
|
| Onions (1 lb) |
$0.78
ISK100
|
$1.25
|
|
pay 34.9% less for transportation
|
Iceland
|
Austin
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.36
ISK1,067
|
$3.04
|
|
| Monthly public transit pass |
$71.28
ISK9,096
|
$45.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$40,660.66
ISK5,188,707
|
$35,000.00
|
|
| Taxi trip in downtown area (5 miles) |
$22.04
ISK2,812
|
$16.55
|
|
pay 38.5% more for housing
|
Iceland
|
Austin
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$72.17
ISK9,210
|
$70.43
|
|
| 1-Bedroom apartment in downtown area |
$1,838.04
ISK234,552
|
$2,280.66
|
|
| 1-Bedroom apartment outside city center |
$1,497.77
ISK191,130
|
$1,508.91
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$58.01
ISK7,403
|
$134.36
|
|
pay 4.6 times more for childcare
|
Iceland
|
Austin
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$258.16
ISK32,944
|
$1,465.00
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK764,894
|
$21,625.00
|
|
pay 11.5% less for entertainment and sports
|
Iceland
|
Austin
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.19
ISK1,172
|
$6.00
|
|
| Cappuccino in mid-range area |
$4.65
ISK593
|
$5.31
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.76
ISK1,500
|
$9.00
|
|
| Monthly membership at local gym |
$61.46
ISK7,843
|
$54.50
|
|
| Movie ticket to theater/cinema |
$14.35
ISK1,831
|
$14.00
|
|
pay 30.3% less for clothing
|
Iceland
|
Austin
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$111.23
ISK14,194
|
$63.62
|
|
|
Regular dress
from H&M or similar store
|
$59.69
ISK7,617
|
$52.38
|
|
|
Running shoes
Nike or Adidas
|
$148.00
ISK18,886
|
$89.78
|
|
| Men's business shoes (leather) |
$184.49
ISK23,543
|
$134.79
|
|
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