Cost of living comparison
Israel is 24.7% more expensive than Iceland.
If you lived in Israel instead of Iceland, you would:
pay 0.3% less for restaurants
Iceland
|
Israel
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$17.84
kr2,519
|
$17.90
₪67.31
|
|
Fast food combo meal
McDonalds, or similar
|
$14.27
kr2,015
|
$14.39
₪54.14
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.32
kr327
|
$2.50
₪9.39
|
|
Bottle of water (11 fl. oz) |
$2.12
kr300
|
$1.91
₪7.19
|
|
pay 17.4% less for groceries
Iceland
|
Israel
|
||
---|---|---|---|
Bread
1 loaf
|
$3.42
kr484
|
$2.15
₪8.07
|
|
Local cheese (8 oz) |
$5.98
kr845
|
$6.33
₪23.80
|
|
Milk (1 gallon) |
$5.33
kr752
|
$6.35
₪23.87
|
|
Eggs
1 dozen
|
$5.66
kr799
|
$3.67
₪13.80
|
|
Boneless chicken breast (1 lb) |
$7.09
kr1,002
|
$4.41
₪16.58
|
|
Apples (1 lb) |
$1.16
kr164
|
$1.35
₪5.06
|
|
Bananas (1 lb) |
$0.98
kr139
|
$1.01
₪3.80
|
|
Oranges (1 lb) |
$1.17
kr166
|
$0.78
₪2.93
|
|
Tomatoes (1 lb) |
$1.84
kr259
|
$0.80
₪3.03
|
|
Potatoes (1 lb) |
$0.96
kr135
|
$0.57
₪2.15
|
|
Onions (1 lb) |
$0.51
kr72
|
$0.54
₪2.03
|
|
pay 10.2% less for transportation
Iceland
|
Israel
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.03
kr1,135
|
$7.29
₪27.40
|
|
Monthly public transit pass |
$77.40
kr10,932
|
$56.84
₪213.79
|
|
New Volkswagen Golf 1.4 (standard edition) |
$29,836.83
kr4,214,452
|
$38,263.55
₪143,913.03
|
|
Taxi trip in downtown area (5 miles) |
$23.97
kr3,385
|
$16.01
₪60.20
|
|
pay 7.0% more for housing
Iceland
|
Israel
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$62.40
kr8,814
|
$27.44
₪103.22
|
|
1-Bedroom apartment in downtown area |
$1,437.14
kr202,996
|
$937.71
₪3,526.81
|
|
1-Bedroom apartment outside city center |
$1,215.63
kr171,707
|
$781.37
₪2,938.79
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$68.63
kr9,694
|
$174.52
₪656.39
|
|
pay 3.2 times more for childcare
Iceland
|
Israel
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$259.34
kr36,632
|
$818.87
₪3,079.85
|
|
Middle school for 1 child, two semesters |
$2,750.10
kr388,451
|
$8,820.34
₪33,174.18
|
|
pay 5.1% less for entertainment and sports
Iceland
|
Israel
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$8.52
kr1,204
|
$7.83
₪29.45
|
|
Cappuccino in mid-range area |
$4.15
kr587
|
$3.48
₪13.09
|
|
Pack of cigarettes
Marlboro or similar
|
$10.64
kr1,502
|
$9.79
₪36.81
|
|
Monthly membership at local gym |
$56.90
kr8,037
|
$63.71
₪239.63
|
|
Movie ticket to theater/cinema |
$12.27
kr1,734
|
$11.62
₪43.72
|
|
pay 19.3% less for clothing
Iceland
|
Israel
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$118.08
kr16,678
|
$86.13
₪323.94
|
|
Regular dress
from H&M or similar store
|
$50.39
kr7,117
|
$53.49
₪201.20
|
|
Running shoes
Nike or Adidas
|
$151.12
kr21,345
|
$109.65
₪412.39
|
|
Men's business shoes (leather) |
$175.20
kr24,747
|
$124.42
₪467.94
|
|
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