Cost of living comparison
Iceland is 17.6% more expensive than Ireland overall.
- Restaurants
-
pay 34.0% more in Iceland
- Groceries
-
pay 37.4% more in Iceland
- Transportation
-
pay 2.0% less in Iceland
- Housing
-
pay 11.7% more in Iceland
- Childcare
-
pay 42.8% less in Iceland
- Entertainment and Sports
-
pay 15.1% more in Iceland
- Clothing
-
pay 70.1% more in Iceland
The cost of clothing, groceries, restaurants, entertainment and sports, and housing in Iceland are more expensive than in Ireland. Expenses including childcare and transportation are lower in Iceland.
If you lived in Iceland instead of Ireland, you would:
pay 34.0% more for restaurants
|
Ireland
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$17.71
€17.24
|
$19.40
ISK2,748
|
|
|
Fast food combo meal
McDonalds, or similar
|
$9.75
€9.49
|
$16.94
ISK2,400
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.15
€2.10
|
$2.81
ISK398
|
|
| Bottle of water (11 fl. oz) |
$1.66
€1.61
|
$2.02
ISK286
|
|
pay 37.4% more for groceries
|
Ireland
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.78
€1.73
|
$2.95
ISK419
|
|
| Local cheese (8 oz) |
$4.12
€4.01
|
$7.27
ISK1,029
|
|
| Milk (1 gallon) |
$5.05
€4.91
|
$6.01
ISK851
|
|
|
Eggs
1 dozen
|
$3.71
€3.61
|
$5.42
ISK768
|
|
| Boneless chicken breast (1 lb) |
$4.48
€4.36
|
$8.51
ISK1,205
|
|
| Apples (1 lb) |
$1.22
€1.18
|
$1.22
ISK173
|
|
| Bananas (1 lb) |
$0.91
€0.89
|
$1.03
ISK145
|
|
| Oranges (1 lb) |
$1.24
€1.21
|
$1.17
ISK166
|
|
| Tomatoes (1 lb) |
$1.58
€1.54
|
$1.87
ISK265
|
|
| Potatoes (1 lb) |
$0.80
€0.78
|
$1.23
ISK175
|
|
| Onions (1 lb) |
$0.59
€0.57
|
$0.78
ISK111
|
|
pay 2.0% less for transportation
|
Ireland
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.11
€6.93
|
$8.36
ISK1,185
|
|
| Monthly public transit pass |
$119.47
€116.33
|
$71.28
ISK10,098
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$37,943.34
€36,945.81
|
$40,660.66
ISK5,760,396
|
|
| Taxi trip in downtown area (5 miles) |
$20.48
€19.94
|
$22.04
ISK3,122
|
|
pay 11.7% more for housing
|
Ireland
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$46.92
€45.69
|
$72.17
ISK10,225
|
|
| 1-Bedroom apartment in downtown area |
$1,406.76
€1,369.77
|
$1,838.04
ISK260,395
|
|
| 1-Bedroom apartment outside city center |
$1,187.82
€1,156.59
|
$1,497.77
ISK212,189
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$159.87
€155.67
|
$58.01
ISK8,219
|
|
pay 42.8% less for childcare
|
Ireland
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$996.31
€970.11
|
$258.16
ISK36,574
|
|
| Middle school for 1 child, two semesters |
$6,771.62
€6,593.59
|
$5,993.99
ISK849,169
|
|
pay 15.1% more for entertainment and sports
|
Ireland
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$5.94
€5.78
|
$9.19
ISK1,302
|
|
| Cappuccino in mid-range area |
$3.80
€3.70
|
$4.65
ISK659
|
|
|
Pack of cigarettes
Marlboro or similar
|
$16.44
€16.01
|
$11.76
ISK1,665
|
|
| Monthly membership at local gym |
$55.70
€54.24
|
$61.46
ISK8,707
|
|
| Movie ticket to theater/cinema |
$12.29
€11.97
|
$14.35
ISK2,033
|
|
pay 70.1% more for clothing
|
Ireland
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$77.94
€75.89
|
$111.23
ISK15,758
|
|
|
Regular dress
from H&M or similar store
|
$37.83
€36.83
|
$59.69
ISK8,456
|
|
|
Running shoes
Nike or Adidas
|
$85.63
€83.38
|
$148.00
ISK20,967
|
|
| Men's business shoes (leather) |
$89.10
€86.76
|
$184.49
ISK26,137
|
|
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