Cost of living comparison
Denmark is 10.6% more expensive than Iceland.
If you lived in Denmark instead of Iceland, you would:
pay 19.0% more for restaurants
Iceland
|
Denmark
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$17.84
kr2,506
|
$19.31
kr135.35
|
|
Fast food combo meal
McDonalds, or similar
|
$14.27
kr2,005
|
$12.00
kr84.13
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.32
kr326
|
$3.60
kr25.22
|
|
Bottle of water (11 fl. oz) |
$2.12
kr298
|
$2.73
kr19.14
|
|
pay 4.0% more for groceries
Iceland
|
Denmark
|
||
---|---|---|---|
Bread
1 loaf
|
$3.42
kr481
|
$2.59
kr18.18
|
|
Local cheese (8 oz) |
$5.98
kr841
|
$5.70
kr39.98
|
|
Milk (1 gallon) |
$5.33
kr748
|
$6.51
kr45.61
|
|
Eggs
1 dozen
|
$5.66
kr795
|
$4.07
kr28.50
|
|
Boneless chicken breast (1 lb) |
$7.09
kr997
|
$4.95
kr34.72
|
|
Apples (1 lb) |
$1.16
kr163
|
$1.31
kr9.21
|
|
Bananas (1 lb) |
$0.98
kr138
|
$1.38
kr9.65
|
|
Oranges (1 lb) |
$1.17
kr165
|
$1.40
kr9.81
|
|
Tomatoes (1 lb) |
$1.84
kr258
|
$1.76
kr12.37
|
|
Potatoes (1 lb) |
$0.96
kr134
|
$0.84
kr5.90
|
|
Onions (1 lb) |
$0.51
kr72
|
$0.78
kr5.46
|
|
pay 8.5% more for transportation
Iceland
|
Denmark
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.03
kr1,129
|
$8.13
kr56.98
|
|
Monthly public transit pass |
$77.40
kr10,876
|
$79.32
kr556.03
|
|
New Volkswagen Golf 1.4 (standard edition) |
$29,836.83
kr4,192,672
|
$39,887.40
kr279,618.66
|
|
Taxi trip in downtown area (5 miles) |
$23.97
kr3,368
|
$23.16
kr162.37
|
|
pay 1.5% more for housing
Iceland
|
Denmark
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$62.40
kr8,769
|
$32.80
kr229.96
|
|
1-Bedroom apartment in downtown area |
$1,437.14
kr201,947
|
$904.62
kr6,341.55
|
|
1-Bedroom apartment outside city center |
$1,215.63
kr170,820
|
$690.34
kr4,839.40
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$68.63
kr9,644
|
$160.35
kr1,124.05
|
|
pay 68.8% more for childcare
Iceland
|
Denmark
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$259.34
kr36,443
|
$419.05
kr2,937.60
|
|
Middle school for 1 child, two semesters |
$2,750.10
kr386,444
|
$4,842.90
kr33,949.70
|
|
pay 4.9% less for entertainment and sports
Iceland
|
Denmark
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$8.52
kr1,198
|
$6.81
kr47.72
|
|
Cappuccino in mid-range area |
$4.15
kr584
|
$5.17
kr36.23
|
|
Pack of cigarettes
Marlboro or similar
|
$10.64
kr1,494
|
$8.52
kr59.73
|
|
Monthly membership at local gym |
$56.90
kr7,996
|
$36.38
kr255.01
|
|
Movie ticket to theater/cinema |
$12.27
kr1,725
|
$15.61
kr109.46
|
|
pay 22.4% less for clothing
Iceland
|
Denmark
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$118.08
kr16,592
|
$97.12
kr680.84
|
|
Regular dress
from H&M or similar store
|
$50.39
kr7,081
|
$42.49
kr297.85
|
|
Running shoes
Nike or Adidas
|
$151.12
kr21,235
|
$98.35
kr689.43
|
|
Men's business shoes (leather) |
$175.20
kr24,619
|
$137.97
kr967.22
|
|
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