Cost of living comparison
compared to
Iceland vs. Maryland Cost of Living Summary
Iceland is 35.9% more expensive than Maryland.
- Restaurants
-
pay 52.3% more in Iceland
- Groceries
-
pay 14.3% more in Iceland
- Transportation
-
pay 76.4% more in Iceland
- Housing
-
pay 13.5% more in Iceland
- Childcare
-
pay 41.8% less in Iceland
- Entertainment and Sports
-
pay 39.9% more in Iceland
- Clothing
-
pay 97.0% more in Iceland
The cost of clothing, transportation, restaurants, entertainment and sports, groceries, and housing in Iceland are more expensive than in Maryland. Notably, clothing and transportation are significantly more expensive in Iceland.
Iceland vs. Maryland Cost Breakdown
If you lived in Iceland instead of Maryland, you would:
pay 52.3% more for restaurants
|
Maryland
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$18.65
|
$26.52
ISK3,332
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.45
|
$21.32
ISK2,678
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.44
|
$3.11
ISK391
|
|
| Bottle of water (11 fl. oz) |
$2.00
|
$2.72
ISK342
|
|
Maryland vs. Iceland - Cost of restaurants
pay 14.3% more for groceries
|
Maryland
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.69
|
$3.80
ISK478
|
|
| Local cheese (8 oz) |
$6.90
|
$9.44
ISK1,186
|
|
| Milk (1 gallon) |
$3.62
|
$7.78
ISK977
|
|
|
Eggs
1 dozen
|
$4.92
|
$6.71
ISK843
|
|
| Boneless chicken breast (1 lb) |
$6.04
|
$11.22
ISK1,409
|
|
| Apples (1 lb) |
$2.80
|
$1.50
ISK188
|
|
| Bananas (1 lb) |
$0.84
|
$1.15
ISK144
|
|
| Oranges (1 lb) |
$2.92
|
$1.41
ISK178
|
|
| Tomatoes (1 lb) |
$3.11
|
$2.34
ISK294
|
|
| Potatoes (1 lb) |
$1.69
|
$1.65
ISK207
|
|
| Onions (1 lb) |
$1.57
|
$1.09
ISK137
|
|
Maryland vs. Iceland - Cost of groceries
pay 76.4% more for transportation
|
Maryland
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.18
|
$9.65
ISK1,213
|
|
| Monthly public transit pass |
$98.55
|
$79.56
ISK9,995
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$30,454.51
|
$49,144.25
ISK6,173,992
|
|
| Taxi trip in downtown area (5 miles) |
$15.96
|
$25.55
ISK3,210
|
|
Maryland vs. Iceland - Cost of transportation
pay 13.5% more for housing
|
Maryland
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$63.40
|
$95.65
ISK12,016
|
|
| 1-Bedroom apartment in downtown area |
$1,820.49
|
$2,289.17
ISK287,588
|
|
| 1-Bedroom apartment outside city center |
$1,503.41
|
$1,830.04
ISK229,909
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$117.00
|
$65.15
ISK8,185
|
|
Maryland vs. Iceland - Cost of housing
pay 41.8% less for childcare
|
Maryland
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,822.81
|
$334.67
ISK42,044
|
|
| Middle school for 1 child, two semesters |
$31,381.67
|
$30,711.08
ISK3,858,233
|
|
Maryland vs. Iceland - Cost of childcare
pay 39.9% more for entertainment and sports
|
Maryland
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$5.79
|
$11.14
ISK1,400
|
|
| Cappuccino in mid-range area |
$5.09
|
$5.62
ISK707
|
|
|
Pack of cigarettes
Marlboro or similar
|
$10.11
|
$13.90
ISK1,746
|
|
| Monthly membership at local gym |
$52.36
|
$78.17
ISK9,821
|
|
| Movie ticket to theater/cinema |
$15.30
|
$16.75
ISK2,105
|
|
Maryland vs. Iceland - Cost of entertainment and sports
pay 97.0% more for clothing
|
Maryland
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$48.77
|
$130.91
ISK16,446
|
|
|
Regular dress
from H&M or similar store
|
$43.75
|
$61.83
ISK7,768
|
|
|
Running shoes
Nike or Adidas
|
$91.49
|
$163.81
ISK20,580
|
|
| Men's business shoes (leather) |
$119.19
|
$237.31
ISK29,813
|
|
Maryland vs. Iceland - Cost of clothing
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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