Cost of living comparison

compared to

Oklahoma vs. Iceland Cost of Living Summary

Oklahoma is 5.2% cheaper than Iceland overall.

Restaurants: pay 37.3% less in Oklahoma
Groceries: pay 19.2% less in Oklahoma
Transportation: pay 38.4% less in Oklahoma
Housing: pay 6.3% more in Oklahoma
Childcare: pay 2.3 times more in Oklahoma
Entertainment and Sports: pay 36.2% less in Oklahoma
Clothing: pay 45.1% less in Oklahoma

The cost of childcare and housing in Oklahoma are more expensive than in Iceland. Expenses including clothing, transportation, restaurants, entertainment and sports, and groceries are lower in Oklahoma. Notably, childcare is significantly more expensive in Oklahoma.

Oklahoma vs. Iceland Cost Breakdown

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

Display currency: USD

pay 37.3% less for restaurants

	Iceland	Oklahoma
Basic meal with drink at inexpensive restaurant	$26.52 ISK3,394	$16.25	-38.7%
Fast food combo meal McDonalds, or similar	$21.32 ISK2,728	$10.33	-51.5%
Bottle of Coca-Cola (11 fl. oz)	$3.11 ISK398	$2.43	-21.9%
Bottle of water (11 fl. oz)	$2.72 ISK348	$1.71	-37.0%
Average			-37.3%

Iceland vs. Oklahoma - Cost of restaurants

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pay 19.2% less for groceries

	Iceland	Oklahoma
Bread 1 loaf	$3.80 ISK487	$2.77	-27.1%
Local cheese (8 oz)	$9.44 ISK1,208	$5.55	-41.2%
Milk (1 gallon)	$7.78 ISK996	$3.65	-53.1%
Eggs 1 dozen	$6.71 ISK859	$3.59	-46.5%
Boneless chicken breast (1 lb)	$11.22 ISK1,436	$4.40	-60.7%
Apples (1 lb)	$1.50 ISK191	$2.21	+47.8%
Bananas (1 lb)	$1.15 ISK147	$0.79	-31.0%
Oranges (1 lb)	$1.41 ISK181	$1.78	+25.8%
Tomatoes (1 lb)	$2.34 ISK300	$1.96	-16.3%
Potatoes (1 lb)	$1.65 ISK211	$1.26	-23.8%
Onions (1 lb)	$1.09 ISK140	$1.26	+14.8%
Average			-19.2%

Iceland vs. Oklahoma - Cost of groceries

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pay 38.4% less for transportation

	Iceland	Oklahoma
Gasoline (1 gallon)	$9.65 ISK1,235	$2.85	-70.5%
Monthly public transit pass	$79.56 ISK10,182	$58.33	-26.7%
New Volkswagen Golf 1.4 (standard edition)	$49,144.25 ISK6,289,481	$33,334.81	-32.2%
Taxi trip in downtown area (5 miles)	$25.55 ISK3,270	$19.34	-24.3%
Average			-38.4%

Iceland vs. Oklahoma - Cost of transportation

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pay 6.3% more for housing

	Iceland	Oklahoma
Internet connection 50 mbps or faster, cable/dsl	$95.65 ISK12,241	$71.54	-25.2%
1-Bedroom apartment in downtown area	$2,289.17 ISK292,968	$1,007.47	-56.0%
1-Bedroom apartment outside city center	$1,830.04 ISK234,209	$900.75	-50.8%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$65.15 ISK8,338	$167.41	+157.0%
Average			+6.3%

Iceland vs. Oklahoma - Cost of housing

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pay 2.3 times more for childcare

	Iceland	Oklahoma
Private preschool for 1 child, monthly	$334.67 ISK42,830	$1,301.12	+288.8%
Middle school for 1 child, two semesters	$30,711.08 ISK3,930,404	$23,862.92	-22.3%
Average			+133.2%

Iceland vs. Oklahoma - Cost of childcare

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pay 36.2% less for entertainment and sports

	Iceland	Oklahoma
Domestic/local beer (1 pint)	$11.14 ISK1,426	$4.83	-56.6%
Cappuccino in mid-range area	$5.62 ISK720	$4.94	-12.1%
Pack of cigarettes Marlboro or similar	$13.90 ISK1,778	$8.98	-35.4%
Monthly membership at local gym	$78.17 ISK10,004	$34.28	-56.1%
Movie ticket to theater/cinema	$16.75 ISK2,144	$13.25	-20.9%
Average			-36.2%

Iceland vs. Oklahoma - Cost of entertainment and sports

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pay 45.1% less for clothing

	Iceland	Oklahoma
Regular jeans Levi's brand	$130.91 ISK16,753	$50.15	-61.7%
Regular dress from H&M or similar store	$61.83 ISK7,913	$42.98	-30.5%
Running shoes Nike or Adidas	$163.81 ISK20,965	$96.84	-40.9%
Men's business shoes (leather)	$237.31 ISK30,371	$125.19	-47.2%
Average			-45.1%

Iceland vs. Oklahoma - Cost of clothing

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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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