Cost of living comparison

compared to
Iceland vs. Missouri Cost of Living Summary

Iceland is 24.7% more expensive than Missouri.

Restaurants
pay 30.3% more in Iceland
Groceries
pay 17.5% more in Iceland
Transportation
pay 48.2% more in Iceland
Housing
pay 18.4% more in Iceland
Childcare
pay 73.0% less in Iceland
Entertainment and Sports
pay 48.1% more in Iceland
Clothing
pay 83.7% more in Iceland

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

Iceland vs. Missouri Cost Breakdown

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

pay 30.3% more for restaurants

 
Missouri
Iceland
Basic meal with drink at inexpensive restaurant $16.94
 
$19.40
ISK2,740
Fast food combo meal
McDonalds, or similar
$9.83
 
$16.94
ISK2,393
Bottle of Coca-Cola (11 fl. oz) $2.37
 
$2.81
ISK397

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pay 17.5% more for groceries

 
Missouri
Iceland
Bread
1 loaf
$2.88
 
$2.95
ISK417
Local cheese (8 oz) $5.05
 
$7.27
ISK1,026
Milk (1 gallon) $3.66
 
$6.01
ISK848

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pay 48.2% more for transportation

 
Missouri
Iceland
Gasoline (1 gallon) $3.12
 
$8.36
ISK1,181
Monthly public transit pass $113.46
 
$71.28
ISK10,067
New Volkswagen Golf 1.4 (standard edition) $32,085.76
 
$40,660.66
ISK5,742,912

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pay 18.4% more for housing

 
Missouri
Iceland
Internet connection
50 mbps or faster, cable/dsl
$66.09
 
$72.17
ISK10,194
1-Bedroom apartment in downtown area $1,115.17
 
$1,838.04
ISK259,604
1-Bedroom apartment outside city center $919.88
 
$1,497.77
ISK211,545

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pay 73.0% less for childcare

 
Missouri
Iceland
Private preschool for 1 child, monthly $1,010.46
 
$258.16
ISK36,463
Middle school for 1 child, two semesters $21,080.71
 
$5,993.99
ISK846,592

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pay 48.1% more for entertainment and sports

 
Missouri
Iceland
Domestic/local beer (1 pint) $4.56
 
$9.19
ISK1,298
Cappuccino in mid-range area $4.56
 
$4.65
ISK657
Pack of cigarettes
Marlboro or similar
$7.57
 
$11.76
ISK1,660

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pay 83.7% more for clothing

 
Missouri
Iceland
Regular jeans
Levi's brand
$51.27
 
$111.23
ISK15,710
Regular dress
from H&M or similar store
$40.17
 
$59.69
ISK8,430
Running shoes
Nike or Adidas
$85.34
 
$148.00
ISK20,903

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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: January 2025
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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.

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