Cost of living comparison
compared to
Iceland vs. Montana Cost of Living Summary
Iceland is 41.1% more expensive than Montana.
- Restaurants
-
pay 41.8% more in Iceland
- Groceries
-
pay 30.7% more in Iceland
- Transportation
-
pay 2.0 times more in Iceland
- Housing
-
pay 14.5% more in Iceland
- Childcare
-
pay 28.6% less in Iceland
- Entertainment and Sports
-
pay 48.9% more in Iceland
- Clothing
-
pay 78.8% more in Iceland
The cost of transportation, clothing, entertainment and sports, restaurants, groceries, and housing in Iceland are more expensive than in Montana. Notably, transportation and clothing are significantly more expensive in Iceland.
Iceland vs. Montana Cost Breakdown
If you lived in Iceland instead of Montana, you would:
pay 41.8% more for restaurants
|
Montana
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.36
|
$26.52
ISK3,262
|
|
|
Fast food combo meal
McDonalds, or similar
|
$13.71
|
$21.32
ISK2,622
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.27
|
$3.11
ISK382
|
|
| Bottle of water (11 fl. oz) |
$1.97
|
$2.72
ISK334
|
|
Montana vs. Iceland - Cost of restaurants
pay 30.7% more for groceries
|
Montana
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.67
|
$3.80
ISK468
|
|
| Local cheese (8 oz) |
$7.92
|
$9.44
ISK1,161
|
|
| Milk (1 gallon) |
$4.18
|
$7.78
ISK957
|
|
|
Eggs
1 dozen
|
$4.60
|
$6.71
ISK825
|
|
| Boneless chicken breast (1 lb) |
$5.14
|
$11.22
ISK1,380
|
|
| Apples (1 lb) |
$2.52
|
$1.50
ISK184
|
|
| Bananas (1 lb) |
$0.79
|
$1.15
ISK141
|
|
| Oranges (1 lb) |
$2.00
|
$1.41
ISK174
|
|
| Tomatoes (1 lb) |
$2.26
|
$2.34
ISK288
|
|
| Potatoes (1 lb) |
$0.93
|
$1.65
ISK203
|
|
| Onions (1 lb) |
$1.01
|
$1.09
ISK134
|
|
Montana vs. Iceland - Cost of groceries
pay 2.0 times more for transportation
|
Montana
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.31
|
$9.65
ISK1,187
|
|
| Monthly public transit pass |
$39.33
|
$79.56
ISK9,785
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$29,225.00
|
$49,144.25
ISK6M
|
|
| Taxi trip in downtown area (5 miles) |
$17.76
|
$25.55
ISK3,143
|
|
Montana vs. Iceland - Cost of transportation
pay 14.5% more for housing
|
Montana
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$81.66
|
$95.65
ISK11,764
|
|
| 1-Bedroom apartment in downtown area |
$1,523.61
|
$2,289.17
ISK282K
|
|
| 1-Bedroom apartment outside city center |
$1,255.90
|
$1,830.04
ISK225K
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$145.23
|
$65.15
ISK8,013
|
|
Montana vs. Iceland - Cost of housing
pay 28.6% less for childcare
|
Montana
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,227.22
|
$334.67
ISK41,160
|
|
| Middle school for 1 child, two semesters |
$26,566.67
|
$30,711.08
ISK4M
|
|
Montana vs. Iceland - Cost of childcare
pay 48.9% more for entertainment and sports
|
Montana
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$5.09
|
$11.14
ISK1,370
|
|
| Cappuccino in mid-range area |
$5.06
|
$5.62
ISK692
|
|
|
Pack of cigarettes
Marlboro or similar
|
$9.36
|
$13.90
ISK1,709
|
|
| Monthly membership at local gym |
$58.29
|
$78.17
ISK9,614
|
|
| Movie ticket to theater/cinema |
$12.71
|
$16.75
ISK2,060
|
|
Montana vs. Iceland - Cost of entertainment and sports
pay 78.8% more for clothing
|
Montana
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$61.43
|
$130.91
ISK16,100
|
|
|
Regular dress
from H&M or similar store
|
$59.58
|
$61.83
ISK7,604
|
|
|
Running shoes
Nike or Adidas
|
$91.28
|
$163.81
ISK20,147
|
|
| Men's business shoes (leather) |
$108.50
|
$237.31
ISK29,187
|
|
Montana 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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