Cost of living comparison

compared to

Kentucky vs. Iceland Cost of Living Summary

Kentucky is 10.9% cheaper than Iceland overall.

Restaurants
pay 38.4% less in Kentucky
Groceries
pay 20.3% less in Kentucky
Transportation
pay 47.5% less in Kentucky
Housing
pay 2.9% less in Kentucky
Childcare
pay 2.3 times more in Kentucky
Entertainment and Sports
pay 39.5% less in Kentucky
Clothing
pay 52.8% less in Kentucky

Expenses including clothing, transportation, entertainment and sports, restaurants, groceries, and housing are lower in Kentucky. Notably, childcare is significantly more expensive in Kentucky.

Kentucky vs. Iceland Cost Breakdown

If you lived in Kentucky instead of Iceland, you would:

pay 38.4% less for restaurants

 
Iceland
Kentucky
Basic meal with drink at inexpensive restaurant $26.52
ISK3,394
$15.82
 
Fast food combo meal
McDonalds, or similar
$21.32
ISK2,728
$9.59
 
Bottle of Coca-Cola (11 fl. oz) $3.11
ISK398
$2.27
 

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pay 20.3% less for groceries

 
Iceland
Kentucky
Bread
1 loaf
$3.80
ISK487
$2.62
 
Local cheese (8 oz) $9.44
ISK1,208
$5.43
 
Milk (1 gallon) $7.78
ISK996
$3.00
 

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pay 47.5% less for transportation

 
Iceland
Kentucky
Gasoline (1 gallon) $9.65
ISK1,235
$2.94
 
Monthly public transit pass $79.56
ISK10,182
$39.17
 
New Volkswagen Golf 1.4 (standard edition) $49,144.25
ISK6,289,481
$35,897.72
 

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pay 2.9% less for housing

 
Iceland
Kentucky
Internet connection
50 mbps or faster, cable/dsl
$95.65
ISK12,241
$65.19
 
1-Bedroom apartment in downtown area $2,289.17
ISK292,968
$1,095.19
 
1-Bedroom apartment outside city center $1,830.04
ISK234,209
$954.16
 

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pay 2.3 times more for childcare

 
Iceland
Kentucky
Private preschool for 1 child, monthly $334.67
ISK42,830
$1,283.80
 
Middle school for 1 child, two semesters $30,711.08
ISK3,930,404
$20,534.67
 

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pay 39.5% less for entertainment and sports

 
Iceland
Kentucky
Domestic/local beer (1 pint) $11.14
ISK1,426
$4.88
 
Cappuccino in mid-range area $5.62
ISK720
$4.94
 
Pack of cigarettes
Marlboro or similar
$13.90
ISK1,778
$7.93
 

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pay 52.8% less for clothing

 
Iceland
Kentucky
Regular jeans
Levi's brand
$130.91
ISK16,753
$45.82
 
Regular dress
from H&M or similar store
$61.83
ISK7,913
$36.25
 
Running shoes
Nike or Adidas
$163.81
ISK20,965
$88.57
 

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: December 2025
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