Cost of living comparison
Sweden is 25.6% cheaper than Iceland.
If you lived in Sweden instead of Iceland, you would:
pay 32.3% less for restaurants
Iceland
|
Sweden
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$17.84
kr2,507
|
$10.47
kr113.97
|
|
Fast food combo meal
McDonalds, or similar
|
$14.27
kr2,006
|
$8.27
kr90.08
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.32
kr326
|
$1.80
kr19.57
|
|
Bottle of water (11 fl. oz) |
$2.12
kr298
|
$1.63
kr17.70
|
|
pay 17.3% less for groceries
Iceland
|
Sweden
|
||
---|---|---|---|
Bread
1 loaf
|
$3.42
kr481
|
$2.32
kr25.29
|
|
Local cheese (8 oz) |
$5.98
kr841
|
$4.47
kr48.71
|
|
Milk (1 gallon) |
$5.33
kr749
|
$4.74
kr51.62
|
|
Eggs
1 dozen
|
$5.66
kr795
|
$3.01
kr32.79
|
|
Boneless chicken breast (1 lb) |
$7.09
kr997
|
$4.05
kr44.13
|
|
Apples (1 lb) |
$1.16
kr163
|
$1.20
kr13.05
|
|
Bananas (1 lb) |
$0.98
kr138
|
$1.00
kr10.85
|
|
Oranges (1 lb) |
$1.17
kr165
|
$1.15
kr12.49
|
|
Tomatoes (1 lb) |
$1.84
kr258
|
$1.57
kr17.06
|
|
Potatoes (1 lb) |
$0.96
kr134
|
$0.60
kr6.55
|
|
Onions (1 lb) |
$0.51
kr72
|
$0.60
kr6.52
|
|
pay 12.6% less for transportation
Iceland
|
Sweden
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.03
kr1,129
|
$7.21
kr78.55
|
|
Monthly public transit pass |
$77.40
kr10,879
|
$69.67
kr758.70
|
|
New Volkswagen Golf 1.4 (standard edition) |
$29,836.83
kr4,193,865
|
$23,170.07
kr252,305.36
|
|
Taxi trip in downtown area (5 miles) |
$23.97
kr3,369
|
$22.12
kr240.92
|
|
pay 41.5% less for housing
Iceland
|
Sweden
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$62.40
kr8,771
|
$28.54
kr310.82
|
|
1-Bedroom apartment in downtown area |
$1,437.14
kr202,005
|
$736.74
kr8,022.54
|
|
1-Bedroom apartment outside city center |
$1,215.63
kr170,868
|
$574.14
kr6,251.92
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$68.63
kr9,647
|
$61.61
kr670.88
|
|
pay 17.1% less for childcare
Iceland
|
Sweden
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$259.34
kr36,453
|
$129.63
kr1,411.55
|
|
Middle school for 1 child, two semesters |
$2,750.10
kr386,554
|
$3,186.61
kr34,699.85
|
|
pay 22.3% less for entertainment and sports
Iceland
|
Sweden
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$8.52
kr1,198
|
$6.47
kr70.42
|
|
Cappuccino in mid-range area |
$4.15
kr584
|
$3.66
kr39.84
|
|
Pack of cigarettes
Marlboro or similar
|
$10.64
kr1,495
|
$6.21
kr67.63
|
|
Monthly membership at local gym |
$56.90
kr7,998
|
$36.95
kr402.41
|
|
Movie ticket to theater/cinema |
$12.27
kr1,725
|
$12.40
kr135.03
|
|
pay 35.8% less for clothing
Iceland
|
Sweden
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$118.08
kr16,597
|
$78.79
kr857.95
|
|
Regular dress
from H&M or similar store
|
$50.39
kr7,083
|
$34.00
kr370.28
|
|
Running shoes
Nike or Adidas
|
$151.12
kr21,241
|
$80.12
kr872.43
|
|
Men's business shoes (leather) |
$175.20
kr24,626
|
$121.88
kr1,327.20
|
|
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