Cost of living comparison
compared to
Iceland vs. Micronesia, Federated States of Cost of Living Summary
Iceland is 85.8% more expensive than Micronesia, Federated States of overall.
- Restaurants
-
pay 2.1 times more in Iceland
- Groceries
-
pay 2.1 times more in Iceland
- Transportation
-
pay 19.9% more in Iceland
- Housing
-
pay 65.0% more in Iceland
- Childcare
-
pay 96.9% more in Iceland
- Entertainment and Sports
-
pay 2.4 times more in Iceland
- Clothing
-
pay 61.4% more in Iceland
The cost of entertainment and sports, restaurants, groceries, childcare, housing, and clothing in Iceland are more expensive than in Micronesia, Federated States of. Notably, entertainment and sports, restaurants, and groceries are significantly more expensive in Iceland.
Iceland vs. Micronesia, Federated States of Cost Breakdown
If you lived in Iceland instead of Micronesia, Federated States of, you would:
pay 2.1 times more for restaurants
|
Micronesia, Federated States of
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$11.50
|
$26.52
ISK3,254
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.50
|
$21.32
ISK2,616
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.25
|
$3.11
ISK382
|
|
| Bottle of water (11 fl. oz) |
$4.00
|
$2.72
ISK334
|
|
Micronesia, Federated States of vs. Iceland - Cost of restaurants
pay 2.1 times more for groceries
|
Micronesia, Federated States of
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.35
|
$3.80
ISK467
|
|
| Local cheese (8 oz) |
$3.50
|
$9.44
ISK1,158
|
|
| Milk (1 gallon) |
$1.00
|
$7.78
ISK955
|
|
|
Eggs
1 dozen
|
$7.25
|
$6.71
ISK823
|
|
| Boneless chicken breast (1 lb) |
$2.27
|
$11.22
ISK1,377
|
|
| Apples (1 lb) |
$2.72
|
$1.50
ISK184
|
|
| Bananas (1 lb) |
$1.59
|
$1.15
ISK141
|
|
| Oranges (1 lb) |
$2.49
|
$1.41
ISK174
|
|
| Tomatoes (1 lb) | ?? |
$2.34
ISK287
|
|
| Potatoes (1 lb) |
$2.27
|
$1.65
ISK202
|
|
| Onions (1 lb) |
$2.27
|
$1.09
ISK134
|
|
Micronesia, Federated States of vs. Iceland - Cost of groceries
pay 19.9% more for transportation
|
Micronesia, Federated States of
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$14.01
|
$9.65
ISK1,185
|
|
| Monthly public transit pass | ?? |
$79.56
ISK9,763
|
|
| New Volkswagen Golf 1.4 (standard edition) | ?? |
$49,144.25
ISK6M
|
|
| Taxi trip in downtown area (5 miles) |
$14.94
|
$25.55
ISK3,136
|
|
Micronesia, Federated States of vs. Iceland - Cost of transportation
pay 65.0% more for housing
|
Micronesia, Federated States of
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$198.00
|
$95.65
ISK11,737
|
|
| 1-Bedroom apartment in downtown area |
$900.00
|
$2,289.17
ISK281K
|
|
| 1-Bedroom apartment outside city center |
$621.67
|
$1,830.04
ISK225K
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$103.24
|
$65.15
ISK7,994
|
|
Micronesia, Federated States of vs. Iceland - Cost of housing
pay 96.9% more for childcare
|
Micronesia, Federated States of
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$170.00
|
$334.67
ISK41,067
|
|
| Middle school for 1 child, two semesters | ?? |
$30,711.08
ISK4M
|
|
Micronesia, Federated States of vs. Iceland - Cost of childcare
pay 2.4 times more for entertainment and sports
|
Micronesia, Federated States of
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) | ?? |
$11.14
ISK1,367
|
|
| Cappuccino in mid-range area |
$3.00
|
$5.62
ISK690
|
|
|
Pack of cigarettes
Marlboro or similar
|
$9.00
|
$13.90
ISK1,705
|
|
| Monthly membership at local gym |
$20.00
|
$78.17
ISK9,593
|
|
| Movie ticket to theater/cinema | ?? |
$16.75
ISK2,056
|
|
Micronesia, Federated States of vs. Iceland - Cost of entertainment and sports
pay 61.4% more for clothing
|
Micronesia, Federated States of
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$80.00
|
$130.91
ISK16,063
|
|
|
Regular dress
from H&M or similar store
|
$68.00
|
$61.83
ISK7,587
|
|
|
Running shoes
Nike or Adidas
|
$110.00
|
$163.81
ISK20,102
|
|
| Men's business shoes (leather) |
$98.00
|
$237.31
ISK29,120
|
|
Micronesia, Federated States of 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: February 2026
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