Iceland vs. Oregon Cost of Living Summary

Iceland is 51.5% more expensive than Oregon.

Restaurants
pay 50.5% more in Iceland
Groceries
pay 36.1% more in Iceland
Transportation
pay 71.3% more in Iceland
Housing
pay 20.4% more in Iceland
Childcare
pay 18.7% more in Iceland
Entertainment and Sports
pay 48.3% more in Iceland
Clothing
pay 2.1 times more in Iceland

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

Iceland vs. Oregon Cost Breakdown

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

pay 50.5% more for restaurants

 
Oregon
Iceland
Basic meal with drink at inexpensive restaurant $19.31
 
$26.52
ISK3,296
Fast food combo meal
McDonalds, or similar
$11.08
 
$21.32
ISK2,649
Bottle of Coca-Cola (11 fl. oz) $2.50
 
$3.11
ISK386

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pay 36.1% more for groceries

 
Oregon
Iceland
Bread
1 loaf
$3.92
 
$3.80
ISK473
Local cheese (8 oz) $6.86
 
$9.44
ISK1,173
Milk (1 gallon) $4.07
 
$7.78
ISK967

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pay 71.3% more for transportation

 
Oregon
Iceland
Gasoline (1 gallon) $3.89
 
$9.65
ISK1,200
Monthly public transit pass $58.50
 
$79.56
ISK9,887
New Volkswagen Golf 1.4 (standard edition) $31,435.95
 
$49,144.25
ISK6M

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pay 20.4% more for housing

 
Oregon
Iceland
Internet connection
50 mbps or faster, cable/dsl
$68.16
 
$95.65
ISK11,886
1-Bedroom apartment in downtown area $1,491.85
 
$2,289.17
ISK284K
1-Bedroom apartment outside city center $1,310.02
 
$1,830.04
ISK227K

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pay 18.7% more for childcare

 
Oregon
Iceland
Private preschool for 1 child, monthly $1,257.97
 
$334.67
ISK41,589
Middle school for 1 child, two semesters $14,572.28
 
$30,711.08
ISK4M

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pay 48.3% more for entertainment and sports

 
Oregon
Iceland
Domestic/local beer (1 pint) $5.92
 
$11.14
ISK1,385
Cappuccino in mid-range area $4.87
 
$5.62
ISK699
Pack of cigarettes
Marlboro or similar
$10.30
 
$13.90
ISK1,727

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pay 2.1 times more for clothing

 
Oregon
Iceland
Regular jeans
Levi's brand
$50.56
 
$130.91
ISK16,268
Regular dress
from H&M or similar store
$38.57
 
$61.83
ISK7,684
Running shoes
Nike or Adidas
$85.71
 
$163.81
ISK20,357

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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: March 2026
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