Iceland is 30.7% more expensive than Indiana.

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

pay 32.0% more for restaurants

 
Indiana
Iceland
Basic meal with drink at inexpensive restaurant $14.98
 
$17.84
kr2,483
Fast food combo meal
McDonalds, or similar
$8.12
 
$14.27
kr1,986
Bottle of Coca-Cola (11 fl. oz) $2.14
 
$2.32
kr323

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pay 10.6% more for groceries

 
Indiana
Iceland
Bread
1 loaf
$2.51
 
$3.42
kr477
Local cheese (8 oz) $5.56
 
$5.98
kr833
Milk (1 gallon) $2.82
 
$5.33
kr741

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pay 85.1% more for transportation

 
Indiana
Iceland
Gasoline (1 gallon) $3.44
 
$8.03
kr1,118
Monthly public transit pass $32.80
 
$77.40
kr10,775
New Volkswagen Golf 1.4 (standard edition) $24,723.27
 
$29,836.83
kr4,153,883

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pay 11.1% more for housing

 
Indiana
Iceland
Internet connection
50 mbps or faster, cable/dsl
$62.63
 
$62.40
kr8,688
1-Bedroom apartment in downtown area $979.59
 
$1,437.14
kr200,079
1-Bedroom apartment outside city center $828.40
 
$1,215.63
kr169,239

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pay 73.2% less for childcare

 
Indiana
Iceland
Private preschool for 1 child, monthly $939.29
 
$259.34
kr36,106
Middle school for 1 child, two semesters $10,609.09
 
$2,750.10
kr382,869

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pay 42.1% more for entertainment and sports

 
Indiana
Iceland
Domestic/local beer (1 pint) $4.52
 
$8.52
kr1,186
Cappuccino in mid-range area $4.31
 
$4.15
kr578
Pack of cigarettes
Marlboro or similar
$7.18
 
$10.64
kr1,481

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pay 2.1 times more for clothing

 
Indiana
Iceland
Regular jeans
Levi's brand
$40.80
 
$118.08
kr16,438
Regular dress
from H&M or similar store
$32.65
 
$50.39
kr7,015
Running shoes
Nike or Adidas
$75.37
 
$151.12
kr21,039

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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: May 2023
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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.

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