Cost of living comparison
Iowa is 21.8% more expensive than Iceland overall.
- Restaurants
-
pay 25.6% less in Iowa
- Groceries
-
pay 5.7% more in Iowa
- Transportation
-
pay 40.7% less in Iowa
- Housing
-
pay 10.8% more in Iowa
- Childcare
-
pay 3.6 times more in Iowa
- Entertainment and Sports
-
pay 14.6% less in Iowa
- Clothing
-
pay 43.8% less in Iowa
The cost of childcare, housing, and groceries in Iowa are more expensive than in Iceland. Expenses including clothing, transportation, restaurants, and entertainment and sports are lower in Iowa. Notably, childcare is significantly more expensive in Iowa.
If you lived in Iowa instead of Iceland, you would:
pay 25.6% less for restaurants
Iceland
|
Iowa
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$19.40
ISK2,746
|
$15.50
|
|
Fast food combo meal
McDonalds, or similar
|
$16.94
ISK2,398
|
$9.86
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.81
ISK398
|
$2.25
|
|
Bottle of water (11 fl. oz) |
$2.02
ISK286
|
$1.61
|
|
pay 5.7% more for groceries
Iceland
|
Iowa
|
||
---|---|---|---|
Bread
1 loaf
|
$2.95
ISK418
|
$2.75
|
|
Local cheese (8 oz) |
$7.27
ISK1,028
|
$5.26
|
|
Milk (1 gallon) |
$6.01
ISK850
|
$3.55
|
|
Eggs
1 dozen
|
$5.42
ISK767
|
$2.97
|
|
Boneless chicken breast (1 lb) |
$8.51
ISK1,204
|
$4.90
|
|
Apples (1 lb) |
$1.22
ISK173
|
$2.27
|
|
Bananas (1 lb) |
$1.03
ISK145
|
$0.66
|
|
Oranges (1 lb) |
$1.17
ISK166
|
$2.31
|
|
Tomatoes (1 lb) |
$1.87
ISK265
|
$2.19
|
|
Potatoes (1 lb) |
$1.23
ISK175
|
$1.17
|
|
Onions (1 lb) |
$0.78
ISK111
|
$1.32
|
|
pay 40.7% less for transportation
Iceland
|
Iowa
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.36
ISK1,184
|
$3.26
|
|
Monthly public transit pass |
$71.28
ISK10,090
|
$41.60
|
|
New Volkswagen Golf 1.4 (standard edition) |
$40,660.66
ISK5,755,923
|
$28,209.92
|
|
Taxi trip in downtown area (5 miles) |
$22.04
ISK3,120
|
$15.53
|
|
pay 10.8% more for housing
Iceland
|
Iowa
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$72.17
ISK10,217
|
$68.83
|
|
1-Bedroom apartment in downtown area |
$1,838.04
ISK260,193
|
$1,149.79
|
|
1-Bedroom apartment outside city center |
$1,497.77
ISK212,024
|
$848.38
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$58.01
ISK8,213
|
$132.52
|
|
pay 3.6 times more for childcare
Iceland
|
Iowa
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$258.16
ISK36,546
|
$1,043.98
|
|
Middle school for 1 child, two semesters |
$5,993.99
ISK848,510
|
$19,039.50
|
|
pay 14.6% less for entertainment and sports
Iceland
|
Iowa
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$9.19
ISK1,301
|
$4.95
|
|
Cappuccino in mid-range area |
$4.65
ISK658
|
$5.14
|
|
Pack of cigarettes
Marlboro or similar
|
$11.76
ISK1,664
|
$8.68
|
|
Monthly membership at local gym |
$61.46
ISK8,700
|
$61.12
|
|
Movie ticket to theater/cinema |
$14.35
ISK2,031
|
$12.83
|
|
pay 43.8% less for clothing
Iceland
|
Iowa
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$111.23
ISK15,746
|
$50.44
|
|
Regular dress
from H&M or similar store
|
$59.69
ISK8,450
|
$39.50
|
|
Running shoes
Nike or Adidas
|
$148.00
ISK20,951
|
$83.35
|
|
Men's business shoes (leather) |
$184.49
ISK26,117
|
$105.02
|
|
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