Cost of Living Comparison

  1. Cost of Living
  2. United States
  3. Indiana
  4. Iceland
  5. Comparison
USD
COMPARED TO
ISK

Iceland is 35.6% more expensive than Indiana.

If you lived in Iceland instead of Indiana, you would:
local_dining

pay 33.6% more for restaurants

  Indiana help_outline Iceland help_outline  
Basic meal with drink at inexpensive restaurant $12.54 $15.54
kr1,631
+23.9%
Fast food combo meal
McDonalds, or similar
 $7.55 $12.54
kr1,316
+66.2%
Bottle of Coca-Cola (11 fl. oz) $1.78 $2.37
kr249
+32.9%
Bottle of water (11 fl. oz) $1.51 $1.68
kr177
+11.4%
Average +33.6%
Indiana vs. Iceland - Cost of restaurants
Improve prices · Change currency (USD)
local_grocery_store

pay 26.9% more for groceries

  Indiana help_outline Iceland help_outline  
Bread
1 loaf
 $1.92 $3.04
kr319
+58.4%
Local cheese (8 oz) $4.84 $5.12
kr538
+5.8%
Milk (1 gallon) $2.20 $4.59
kr482
+108.8%
Eggs
1 dozen
 $1.86 $5.23
kr549
+180.7%
Boneless chicken breast (1 lb) $3.41 $6.56
kr689
+92.4%
Apples (1 lb) $2.11 $0.98
kr103
-53.6%
Bananas (1 lb) $0.69 $0.83
kr88
+20.2%
Oranges (1 lb) $2.10 $1.02
kr107
-51.6%
Tomatoes (1 lb) $1.48 $1.68
kr176
+13.5%
Potatoes (1 lb) $1.33 $0.96
kr100
-28.0%
Onions (1 lb) $1.12 $0.55
kr58
-50.7%
Average +26.9%
Indiana vs. Iceland - Cost of groceries
Improve prices · Change currency (USD)
drive_eta

pay 77.9% more for transportation

  Indiana help_outline Iceland help_outline  
Gasoline (1 gallon) $2.41 $5.96
kr626
+147.5%
Monthly public transit pass $39.75 $90.41
kr9,489
+127.5%
New Volkswagen Golf 1.4 (standard edition) $26,489.00 $26,163.21
kr2,745,829
-1.2%
Taxi trip in downtown area (5 miles) $16.25 $22.36
kr2,347
+37.6%
Average +77.9%
Indiana vs. Iceland - Cost of transportation
Improve prices · Change currency (USD)
home

pay 15.5% more for housing

  Indiana help_outline Iceland help_outline  
Internet connection
50 mbps or faster, cable/dsl
 $59.48 $63.30
kr6,644
+6.4%
1-Bedroom apartment in downtown area $845.40 $1,285.14
kr134,875
+52.0%
1-Bedroom apartment outside city center $681.05 $1,064.16
kr111,684
+56.3%
Utilities for two (700 sq ft apartment)
including electric, gas, water, heating
 $146.78 $69.69
kr7,314
-52.5%
Average +15.5%
Indiana vs. Iceland - Cost of housing
Improve prices · Change currency (USD)
child_care

pay 67.5% less for childcare

  Indiana help_outline Iceland help_outline  
Private preschool for 1 child, monthly $769.79 $279.46
kr29,329
-63.7%
Middle school for 1 child, two semesters $10,502.08 $3,014.93
kr316,417
-71.3%
Average -67.5%
Indiana vs. Iceland - Cost of childcare
Improve prices · Change currency (USD)
gamepad

pay 52.9% more for entertainment and sports

  Indiana help_outline Iceland help_outline  
Domestic/local beer (1 pint) $3.44 $7.97
kr837
+131.7%
Cappuccino in mid-range area $3.88 $4.17
kr438
+7.4%
Pack of cigarettes
Marlboro or similar
 $6.45 $10.58
kr1,110
+63.9%
Monthly membership at local gym $33.55 $50.68
kr5,319
+51.1%
Movie ticket to theater/cinema $9.99 $11.05
kr1,159
+10.5%
Average +52.9%
Indiana vs. Iceland - Cost of entertainment and sports
Improve prices · Change currency (USD)
store

pay 2.1 times more for clothing

  Indiana help_outline Iceland help_outline  
Regular jeans
Levi's brand
 $38.13 $104.95
kr11,015
+175.3%
Regular dress
from H&M or similar store
 $32.82 $60.45
kr6,345
+84.2%
Running shoes
Nike or Adidas
 $74.59 $154.03
kr16,166
+106.5%
Men's business shoes (leather) $93.00 $161.72
kr16,973
+73.9%
Average +110.0%
Indiana vs. Iceland - Cost of clothing
Improve prices · Change currency (USD)
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: April 2021
More cost of living comparisons
Indiana vs. Egypt
Indiana vs. Vietnam
Indiana vs. Russia
Iceland vs. Ireland
Iceland vs. Austria
Iceland vs. India
Help us improve these prices
MyLifeElsewhere is a collaborative project. Please enter price information for your location (Ashburn, VA, United States) to help assist us in making these comparisons more accurate. Learn more
Contribute prices for Iceland
Compare countries by overall cost of living
See the cost of living in United States vs. Iceland. This provides a comparison of the average cost of living from cities within United States and Iceland.
question_answer HAVE A QUESTION? ASK THE COMMUNITY
Join the Elsewhere community and ask a question about Iceland. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.