Cost of living comparison

compared to

Iceland vs. Los Angeles Cost of Living Summary

Iceland is 17.5% more expensive than Los Angeles.

Restaurants
pay 25.1% more in Iceland
Groceries
pay 5.9% more in Iceland
Transportation
pay 44.8% more in Iceland
Housing
pay 11.6% less in Iceland
Childcare
pay 33.6% less in Iceland
Entertainment and Sports
pay 23.1% more in Iceland
Clothing
pay 69.0% more in Iceland

The cost of clothing, transportation, restaurants, entertainment and sports, and groceries in Iceland are more expensive than in Los Angeles. Expenses including childcare and housing are lower in Iceland.

Iceland vs. Los Angeles Cost Breakdown

If you lived in Iceland instead of Los Angeles, you would:

pay 25.1% more for restaurants

 
Los Angeles
Iceland
Basic meal with drink at inexpensive restaurant $25.00
 
$26.52
ISK3,352
Fast food combo meal
McDonalds, or similar
$13.00
 
$21.32
ISK2,694
Bottle of Coca-Cola (11 fl. oz) $2.83
 
$3.11
ISK393

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pay 5.9% more for groceries

 
Los Angeles
Iceland
Bread
1 loaf
$4.52
 
$3.80
ISK481
Local cheese (8 oz) $6.67
 
$9.44
ISK1,193
Milk (1 gallon) $4.71
 
$7.78
ISK983

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pay 44.8% more for transportation

 
Los Angeles
Iceland
Gasoline (1 gallon) $4.78
 
$9.65
ISK1,220
Monthly public transit pass $93.48
 
$79.56
ISK10,056
New Volkswagen Golf 1.4 (standard edition) $32,727.50
 
$49,144.25
ISK6,211,833

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pay 11.6% less for housing

 
Los Angeles
Iceland
Internet connection
50 mbps or faster, cable/dsl
$74.01
 
$95.65
ISK12,090
1-Bedroom apartment in downtown area $2,536.54
 
$2,289.17
ISK289,351
1-Bedroom apartment outside city center $1,984.71
 
$1,830.04
ISK231,318

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pay 33.6% less for childcare

 
Los Angeles
Iceland
Private preschool for 1 child, monthly $1,762.50
 
$334.67
ISK42,302
Middle school for 1 child, two semesters $27,000.00
 
$30,711.08
ISK3,881,881

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pay 23.1% more for entertainment and sports

 
Los Angeles
Iceland
Domestic/local beer (1 pint) $8.00
 
$11.14
ISK1,408
Cappuccino in mid-range area $5.76
 
$5.62
ISK711
Pack of cigarettes
Marlboro or similar
$11.50
 
$13.90
ISK1,756

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pay 69.0% more for clothing

 
Los Angeles
Iceland
Regular jeans
Levi's brand
$61.25
 
$130.91
ISK16,546
Regular dress
from H&M or similar store
$44.15
 
$61.83
ISK7,815
Running shoes
Nike or Adidas
$100.09
 
$163.81
ISK20,706

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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: December 2025
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