Cost of living comparison
compared to
Iceland vs. Nebraska Cost of Living Summary
Iceland is 52.7% more expensive than Nebraska.
- Restaurants
-
pay 52.0% more in Iceland
- Groceries
-
pay 44.6% more in Iceland
- Transportation
-
pay 94.5% more in Iceland
- Housing
-
pay 43.4% more in Iceland
- Childcare
-
pay 19.1% less in Iceland
- Entertainment and Sports
-
pay 49.0% more in Iceland
- Clothing
-
pay 2.0 times more in Iceland
The cost of clothing, transportation, restaurants, entertainment and sports, groceries, and housing in Iceland are more expensive than in Nebraska. Notably, clothing and transportation are significantly more expensive in Iceland.
Iceland vs. Nebraska Cost Breakdown
If you lived in Iceland instead of Nebraska, you would:
pay 52.0% more for restaurants
|
Nebraska
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$17.75
|
$26.52
ISK3,352
|
|
|
Fast food combo meal
McDonalds, or similar
|
$12.00
|
$21.32
ISK2,694
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.59
|
$3.11
ISK393
|
|
| Bottle of water (11 fl. oz) |
$1.69
|
$2.72
ISK344
|
|
Nebraska vs. Iceland - Cost of restaurants
pay 44.6% more for groceries
|
Nebraska
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.98
|
$3.80
ISK481
|
|
| Local cheese (8 oz) |
$5.41
|
$9.44
ISK1,193
|
|
| Milk (1 gallon) |
$3.34
|
$7.78
ISK983
|
|
|
Eggs
1 dozen
|
$3.65
|
$6.71
ISK848
|
|
| Boneless chicken breast (1 lb) |
$4.18
|
$11.22
ISK1,418
|
|
| Apples (1 lb) |
$2.59
|
$1.50
ISK189
|
|
| Bananas (1 lb) |
$0.92
|
$1.15
ISK145
|
|
| Oranges (1 lb) |
$2.63
|
$1.41
ISK179
|
|
| Tomatoes (1 lb) |
$1.99
|
$2.34
ISK296
|
|
| Potatoes (1 lb) |
$0.98
|
$1.65
ISK208
|
|
| Onions (1 lb) |
$1.34
|
$1.09
ISK138
|
|
Nebraska vs. Iceland - Cost of groceries
pay 94.5% more for transportation
|
Nebraska
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$2.99
|
$9.65
ISK1,220
|
|
| Monthly public transit pass |
$56.67
|
$79.56
ISK10,056
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$33,074.87
|
$49,144.25
ISK6,211,833
|
|
| Taxi trip in downtown area (5 miles) |
$15.39
|
$25.55
ISK3,230
|
|
Nebraska vs. Iceland - Cost of transportation
pay 43.4% more for housing
|
Nebraska
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$64.67
|
$95.65
ISK12,090
|
|
| 1-Bedroom apartment in downtown area |
$1,180.38
|
$2,289.17
ISK289,351
|
|
| 1-Bedroom apartment outside city center |
$947.12
|
$1,830.04
ISK231,318
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$169.30
|
$65.15
ISK8,235
|
|
Nebraska vs. Iceland - Cost of housing
pay 19.1% less for childcare
|
Nebraska
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$894.38
|
$334.67
ISK42,302
|
|
| Middle school for 1 child, two semesters |
$24,673.50
|
$30,711.08
ISK3,881,881
|
|
Nebraska vs. Iceland - Cost of childcare
pay 49.0% more for entertainment and sports
|
Nebraska
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$5.25
|
$11.14
ISK1,408
|
|
| Cappuccino in mid-range area |
$5.41
|
$5.62
ISK711
|
|
|
Pack of cigarettes
Marlboro or similar
|
$9.21
|
$13.90
ISK1,756
|
|
| Monthly membership at local gym |
$48.75
|
$78.17
ISK9,881
|
|
| Movie ticket to theater/cinema |
$14.25
|
$16.75
ISK2,118
|
|
Nebraska vs. Iceland - Cost of entertainment and sports
pay 2.0 times more for clothing
|
Nebraska
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$48.33
|
$130.91
ISK16,546
|
|
|
Regular dress
from H&M or similar store
|
$37.12
|
$61.83
ISK7,815
|
|
|
Running shoes
Nike or Adidas
|
$90.70
|
$163.81
ISK20,706
|
|
| Men's business shoes (leather) |
$118.40
|
$237.31
ISK29,996
|
|
Nebraska 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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