Iceland is 24.7% more expensive than Indiana.

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

Display currency: USD

pay 28.6% more for restaurants

 
Indiana
Iceland
Basic meal with drink at inexpensive restaurant $16.35
 
$19.51
ISK2,713
Fast food combo meal
McDonalds, or similar
$9.32
 
$16.45
ISK2,287
Bottle of Coca-Cola (11 fl. oz) $2.32
 
$2.70
ISK376

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pay 16.7% more for groceries

 
Indiana
Iceland
Bread
1 loaf
$2.73
 
$3.16
ISK439
Local cheese (8 oz) $6.35
 
$6.72
ISK934
Milk (1 gallon) $3.00
 
$6.27
ISK872

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pay 71.0% more for transportation

 
Indiana
Iceland
Gasoline (1 gallon) $3.28
 
$8.42
ISK1,171
Monthly public transit pass $45.50
 
$68.29
ISK9,496
New Volkswagen Golf 1.4 (standard edition) $33,924.78
 
$39,714.69
ISK5,521,946

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pay 6.7% more for housing

 
Indiana
Iceland
Internet connection
50 mbps or faster, cable/dsl
$63.73
 
$74.47
ISK10,355
1-Bedroom apartment in downtown area $1,149.07
 
$1,518.94
ISK211,194
1-Bedroom apartment outside city center $990.37
 
$1,325.48
ISK184,295

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pay 74.0% less for childcare

 
Indiana
Iceland
Private preschool for 1 child, monthly $1,192.33
 
$254.97
ISK35,451
Middle school for 1 child, two semesters $19,669.53
 
$5,993.83
ISK833,384

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pay 42.3% more for entertainment and sports

 
Indiana
Iceland
Domestic/local beer (1 pint) $5.12
 
$9.37
ISK1,303
Cappuccino in mid-range area $5.01
 
$4.61
ISK641
Pack of cigarettes
Marlboro or similar
$9.35
 
$11.22
ISK1,560

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pay 81.9% more for clothing

 
Indiana
Iceland
Regular jeans
Levi's brand
$43.98
 
$108.23
ISK15,049
Regular dress
from H&M or similar store
$41.62
 
$59.73
ISK8,305
Running shoes
Nike or Adidas
$80.42
 
$146.94
ISK20,431

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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: June 2024
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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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