Iceland vs. Netherlands Cost of Living Summary

Iceland is 34.4% more expensive than Netherlands overall.

Restaurants
pay 14.5% more in Iceland
Groceries
pay 44.8% more in Iceland
Transportation
pay 4.2% more in Iceland
Housing
pay 33.5% more in Iceland
Childcare
pay 53.8% more in Iceland
Entertainment and Sports
pay 38.2% more in Iceland
Clothing
pay 52.0% more in Iceland

The cost of childcare, clothing, groceries, entertainment and sports, housing, and restaurants in Iceland are more expensive than in Netherlands.

Iceland vs. Netherlands Cost Breakdown

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

pay 14.5% more for restaurants

 
Netherlands
Iceland
Basic meal with drink at inexpensive restaurant $21.66
€18.68
$26.52
ISK3,394
Fast food combo meal
McDonalds, or similar
$13.94
€12.02
$21.32
ISK2,728
Bottle of Coca-Cola (11 fl. oz) $3.53
€3.05
$3.11
ISK398

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pay 44.8% more for groceries

 
Netherlands
Iceland
Bread
1 loaf
$2.15
€1.86
$3.80
ISK487
Local cheese (8 oz) $6.70
€5.78
$9.44
ISK1,208
Milk (1 gallon) $4.86
€4.19
$7.78
ISK996

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pay 4.2% more for transportation

 
Netherlands
Iceland
Gasoline (1 gallon) $8.56
€7.38
$9.65
ISK1,235
Monthly public transit pass $101.86
€87.83
$79.56
ISK10,182
New Volkswagen Golf 1.4 (standard edition) $36,970.03
€31,880.25
$49,144.25
ISK6,289,481

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pay 33.5% more for housing

 
Netherlands
Iceland
Internet connection
50 mbps or faster, cable/dsl
$49.26
€42.48
$95.65
ISK12,241
1-Bedroom apartment in downtown area $1,462.13
€1,260.83
$2,289.17
ISK292,968
1-Bedroom apartment outside city center $1,216.44
€1,048.97
$1,830.04
ISK234,209

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pay 53.8% more for childcare

 
Netherlands
Iceland
Private preschool for 1 child, monthly $1,911.60
€1,648.43
$334.67
ISK42,830
Middle school for 1 child, two semesters $10,591.36
€9,133.21
$30,711.08
ISK3,930,404

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pay 38.2% more for entertainment and sports

 
Netherlands
Iceland
Domestic/local beer (1 pint) $6.49
€5.60
$11.14
ISK1,426
Cappuccino in mid-range area $4.17
€3.60
$5.62
ISK720
Pack of cigarettes
Marlboro or similar
$13.74
€11.84
$13.90
ISK1,778

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pay 52.0% more for clothing

 
Netherlands
Iceland
Regular jeans
Levi's brand
$94.61
€81.59
$130.91
ISK16,753
Regular dress
from H&M or similar store
$45.24
€39.01
$61.83
ISK7,913
Running shoes
Nike or Adidas
$104.29
€89.93
$163.81
ISK20,965

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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: December 2025
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