Cost of living comparison
Austria is 8.1% more expensive than Iceland.
If you lived in Austria instead of Iceland, you would:
pay 4.1% less for restaurants
|
Iceland
|
Austria
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$17.84
kr2,428
|
$15.13
€14.18
|
|
|
Fast food combo meal
McDonalds, or similar
|
$14.27
kr1,942
|
$9.01
€8.44
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.32
kr315
|
$2.84
€2.66
|
|
| Bottle of water (11 fl. oz) |
$2.12
kr289
|
$2.40
€2.25
|
|
pay 8.8% less for groceries
|
Iceland
|
Austria
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.42
kr466
|
$2.29
€2.15
|
|
| Local cheese (8 oz) |
$5.98
kr814
|
$7.30
€6.84
|
|
| Milk (1 gallon) |
$5.33
kr725
|
$5.02
€4.71
|
|
|
Eggs
1 dozen
|
$5.66
kr770
|
$3.54
€3.32
|
|
| Boneless chicken breast (1 lb) |
$7.09
kr966
|
$5.30
€4.96
|
|
| Apples (1 lb) |
$1.16
kr158
|
$1.10
€1.03
|
|
| Bananas (1 lb) |
$0.98
kr134
|
$0.87
€0.81
|
|
| Oranges (1 lb) |
$1.17
kr159
|
$1.13
€1.06
|
|
| Tomatoes (1 lb) |
$1.84
kr250
|
$1.53
€1.44
|
|
| Potatoes (1 lb) |
$0.96
kr130
|
$0.81
€0.75
|
|
| Onions (1 lb) |
$0.51
kr70
|
$0.70
€0.65
|
|
pay 19.6% less for transportation
|
Iceland
|
Austria
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.03
kr1,094
|
$7.22
€6.77
|
|
| Monthly public transit pass |
$77.40
kr10,535
|
$48.12
€45.10
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$29,836.83
kr4,061,389
|
$25,940.65
€24,310.46
|
|
| Taxi trip in downtown area (5 miles) |
$23.97
kr3,262
|
$19.81
€18.56
|
|
pay 21.6% more for housing
|
Iceland
|
Austria
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$62.40
kr8,494
|
$37.53
€35.18
|
|
| 1-Bedroom apartment in downtown area |
$1,437.14
kr195,624
|
$743.38
€696.66
|
|
| 1-Bedroom apartment outside city center |
$1,215.63
kr165,471
|
$621.91
€582.83
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$68.63
kr9,342
|
$222.11
€208.15
|
|
pay 2.3 times more for childcare
|
Iceland
|
Austria
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$259.34
kr35,302
|
$416.59
€390.41
|
|
| Middle school for 1 child, two semesters |
$2,750.10
kr374,343
|
$8,210.34
€7,694.38
|
|
pay 27.1% less for entertainment and sports
|
Iceland
|
Austria
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$8.52
kr1,160
|
$4.19
€3.93
|
|
| Cappuccino in mid-range area |
$4.15
kr565
|
$3.32
€3.11
|
|
|
Pack of cigarettes
Marlboro or similar
|
$10.64
kr1,448
|
$6.20
€5.81
|
|
| Monthly membership at local gym |
$56.90
kr7,746
|
$41.56
€38.95
|
|
| Movie ticket to theater/cinema |
$12.27
kr1,671
|
$12.77
€11.96
|
|
pay 34.9% less for clothing
|
Iceland
|
Austria
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$118.08
kr16,072
|
$75.76
€71.00
|
|
|
Regular dress
from H&M or similar store
|
$50.39
kr6,859
|
$38.64
€36.22
|
|
|
Running shoes
Nike or Adidas
|
$151.12
kr20,570
|
$85.33
€79.97
|
|
| Men's business shoes (leather) |
$175.20
kr23,848
|
$110.53
€103.58
|
|
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