Cost of living comparison

compared to

Iceland vs. Louisiana Cost of Living Summary

Iceland is 70.3% more expensive than Louisiana.

Restaurants
pay 63.1% more in Iceland
Groceries
pay 37.1% more in Iceland
Transportation
pay 2.1 times more in Iceland
Housing
pay 40.2% more in Iceland
Childcare
pay 51.0% more in Iceland
Entertainment and Sports
pay 61.4% more in Iceland
Clothing
pay 2.3 times more in Iceland

The cost of clothing, transportation, restaurants, entertainment and sports, childcare, and housing in Iceland are more expensive than in Louisiana. Notably, clothing and transportation are significantly more expensive in Iceland.

Iceland vs. Louisiana Cost Breakdown

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

pay 63.1% more for restaurants

 
Louisiana
Iceland
Basic meal with drink at inexpensive restaurant $17.83
 
$26.52
ISK3,334
Fast food combo meal
McDonalds, or similar
$9.87
 
$21.32
ISK2,680
Bottle of Coca-Cola (11 fl. oz) $2.30
 
$3.11
ISK391

Improve prices ·

pay 37.1% more for groceries

 
Louisiana
Iceland
Bread
1 loaf
$3.15
 
$3.80
ISK478
Local cheese (8 oz) $5.85
 
$9.44
ISK1,187
Milk (1 gallon) $4.56
 
$7.78
ISK978

Improve prices ·

pay 2.1 times more for transportation

 
Louisiana
Iceland
Gasoline (1 gallon) $2.83
 
$9.65
ISK1,214
Monthly public transit pass $40.33
 
$79.56
ISK10,003
New Volkswagen Golf 1.4 (standard edition) $36,200.86
 
$49,144.25
ISK6,178,906

Improve prices ·

pay 40.2% more for housing

 
Louisiana
Iceland
Internet connection
50 mbps or faster, cable/dsl
$66.41
 
$95.65
ISK12,026
1-Bedroom apartment in downtown area $1,187.61
 
$2,289.17
ISK287,817
1-Bedroom apartment outside city center $1,038.89
 
$1,830.04
ISK230,092

Improve prices ·

pay 51.0% more for childcare

 
Louisiana
Iceland
Private preschool for 1 child, monthly $1,395.06
 
$334.67
ISK42,077
Middle school for 1 child, two semesters $11,044.44
 
$30,711.08
ISK3,861,304

Improve prices ·

pay 61.4% more for entertainment and sports

 
Louisiana
Iceland
Domestic/local beer (1 pint) $5.01
 
$11.14
ISK1,401
Cappuccino in mid-range area $5.05
 
$5.62
ISK707
Pack of cigarettes
Marlboro or similar
$8.87
 
$13.90
ISK1,747

Improve prices ·

pay 2.3 times more for clothing

 
Louisiana
Iceland
Regular jeans
Levi's brand
$45.45
 
$130.91
ISK16,459
Regular dress
from H&M or similar store
$41.17
 
$61.83
ISK7,774
Running shoes
Nike or Adidas
$75.03
 
$163.81
ISK20,596

Improve prices ·
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
Share this

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.

Help us improve these prices

MyLifeElsewhere is a collaborative project. Please enter price information for your location to help assist us in making these comparisons more accurate. Learn more

ASK THE ELSEWHERE COMMUNITY

Join the Elsewhere community and ask a question about Iceland or Louisiana. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.