Cost of living comparison
Austria is 8.0% more expensive than Iceland.
If you lived in Austria instead of Iceland, you would:
pay 7.1% less for restaurants
|
Iceland
|
Austria
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.40
ISK2,665
|
$15.38
€14.54
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.94
ISK2,327
|
$10.63
€10.05
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.81
ISK386
|
$3.11
€2.94
|
|
| Bottle of water (11 fl. oz) |
$2.02
ISK278
|
$2.40
€2.27
|
|
pay 7.8% less for groceries
|
Iceland
|
Austria
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.95
ISK406
|
$2.51
€2.37
|
|
| Local cheese (8 oz) |
$7.27
ISK998
|
$8.15
€7.71
|
|
| Milk (1 gallon) |
$6.01
ISK825
|
$5.62
€5.31
|
|
|
Eggs
1 dozen
|
$5.42
ISK744
|
$4.05
€3.82
|
|
| Boneless chicken breast (1 lb) |
$8.51
ISK1,169
|
$6.06
€5.73
|
|
| Apples (1 lb) |
$1.22
ISK168
|
$1.15
€1.09
|
|
| Bananas (1 lb) |
$1.03
ISK141
|
$0.97
€0.91
|
|
| Oranges (1 lb) |
$1.17
ISK161
|
$1.36
€1.29
|
|
| Tomatoes (1 lb) |
$1.87
ISK257
|
$1.88
€1.78
|
|
| Potatoes (1 lb) |
$1.23
ISK170
|
$0.87
€0.82
|
|
| Onions (1 lb) |
$0.78
ISK108
|
$0.80
€0.76
|
|
pay 24.6% less for transportation
|
Iceland
|
Austria
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.36
ISK1,149
|
$6.30
€5.96
|
|
| Monthly public transit pass |
$71.28
ISK9,792
|
$48.89
€46.21
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$40,660.66
ISK5,585,962
|
$26,790.93
€25,327.02
|
|
| Taxi trip in downtown area (5 miles) |
$22.04
ISK3,027
|
$20.20
€19.10
|
|
pay 54.5% more for housing
|
Iceland
|
Austria
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$72.17
ISK9,915
|
$36.05
€34.08
|
|
| 1-Bedroom apartment in downtown area |
$1,838.04
ISK252,510
|
$834.31
€788.72
|
|
| 1-Bedroom apartment outside city center |
$1,497.77
ISK205,764
|
$704.76
€666.25
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$58.01
ISK7,970
|
$275.88
€260.81
|
|
pay 2.0 times more for childcare
|
Iceland
|
Austria
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$258.16
ISK35,467
|
$436.40
€412.56
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK823,455
|
$14,173.71
€13,399.23
|
|
pay 30.6% less for entertainment and sports
|
Iceland
|
Austria
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.19
ISK1,262
|
$4.65
€4.39
|
|
| Cappuccino in mid-range area |
$4.65
ISK639
|
$3.63
€3.43
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.76
ISK1,615
|
$6.56
€6.20
|
|
| Monthly membership at local gym |
$61.46
ISK8,443
|
$45.89
€43.39
|
|
| Movie ticket to theater/cinema |
$14.35
ISK1,971
|
$12.58
€11.89
|
|
pay 31.5% less for clothing
|
Iceland
|
Austria
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$111.23
ISK15,281
|
$85.11
€80.46
|
|
|
Regular dress
from H&M or similar store
|
$59.69
ISK8,200
|
$43.90
€41.50
|
|
|
Running shoes
Nike or Adidas
|
$148.00
ISK20,332
|
$88.16
€83.34
|
|
| Men's business shoes (leather) |
$184.49
ISK25,346
|
$118.74
€112.25
|
|
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