Cost of living comparison
Portugal is 17.6% cheaper than Iceland.
If you lived in Portugal instead of Iceland, you would:
pay 43.7% less for restaurants
Iceland
|
Portugal
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$17.84
kr2,519
|
$9.57
€8.98
|
|
Fast food combo meal
McDonalds, or similar
|
$14.27
kr2,015
|
$7.35
€6.89
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.32
kr327
|
$1.54
€1.44
|
|
Bottle of water (11 fl. oz) |
$2.12
kr300
|
$1.14
€1.07
|
|
pay 40.5% less for groceries
Iceland
|
Portugal
|
||
---|---|---|---|
Bread
1 loaf
|
$3.42
kr484
|
$1.30
€1.22
|
|
Local cheese (8 oz) |
$5.98
kr845
|
$4.41
€4.13
|
|
Milk (1 gallon) |
$5.33
kr752
|
$3.12
€2.93
|
|
Eggs
1 dozen
|
$5.66
kr799
|
$2.31
€2.17
|
|
Boneless chicken breast (1 lb) |
$7.09
kr1,002
|
$2.77
€2.60
|
|
Apples (1 lb) |
$1.16
kr164
|
$0.81
€0.76
|
|
Bananas (1 lb) |
$0.98
kr139
|
$0.59
€0.56
|
|
Oranges (1 lb) |
$1.17
kr166
|
$0.68
€0.63
|
|
Tomatoes (1 lb) |
$1.84
kr259
|
$0.84
€0.79
|
|
Potatoes (1 lb) |
$0.96
kr135
|
$0.52
€0.49
|
|
Onions (1 lb) |
$0.51
kr72
|
$0.59
€0.56
|
|
pay 27.7% less for transportation
Iceland
|
Portugal
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.03
kr1,135
|
$7.86
€7.37
|
|
Monthly public transit pass |
$77.40
kr10,932
|
$38.99
€36.56
|
|
New Volkswagen Golf 1.4 (standard edition) |
$29,836.83
kr4,214,452
|
$28,824.46
€27,033.48
|
|
Taxi trip in downtown area (5 miles) |
$23.97
kr3,385
|
$10.59
€9.93
|
|
pay 28.1% less for housing
Iceland
|
Portugal
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$62.40
kr8,814
|
$39.30
€36.85
|
|
1-Bedroom apartment in downtown area |
$1,437.14
kr202,996
|
$706.14
€662.27
|
|
1-Bedroom apartment outside city center |
$1,215.63
kr171,707
|
$551.18
€516.93
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$68.63
kr9,694
|
$89.45
€83.89
|
|
pay 2.1 times more for childcare
Iceland
|
Portugal
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$259.34
kr36,632
|
$353.18
€331.24
|
|
Middle school for 1 child, two semesters |
$2,750.10
kr388,451
|
$7,965.43
€7,470.51
|
|
pay 51.7% less for entertainment and sports
Iceland
|
Portugal
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$8.52
kr1,204
|
$2.08
€1.95
|
|
Cappuccino in mid-range area |
$4.15
kr587
|
$1.53
€1.43
|
|
Pack of cigarettes
Marlboro or similar
|
$10.64
kr1,502
|
$5.56
€5.21
|
|
Monthly membership at local gym |
$56.90
kr8,037
|
$38.08
€35.72
|
|
Movie ticket to theater/cinema |
$12.27
kr1,734
|
$7.48
€7.02
|
|
pay 44.2% less for clothing
Iceland
|
Portugal
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$118.08
kr16,678
|
$76.28
€71.54
|
|
Regular dress
from H&M or similar store
|
$50.39
kr7,117
|
$33.29
€31.22
|
|
Running shoes
Nike or Adidas
|
$151.12
kr21,345
|
$69.03
€64.75
|
|
Men's business shoes (leather) |
$175.20
kr24,747
|
$82.02
€76.93
|
|
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