Cost of living comparison

France

compared to

Iceland

Iceland vs. Paris Cost of Living Summary

Iceland is 22.5% more expensive than Paris.

Restaurants: pay 45.6% more in Iceland
Groceries: pay 23.9% more in Iceland
Transportation: pay 5.6% more in Iceland
Housing: pay 27.9% more in Iceland
Childcare: pay 29.7% less in Iceland
Entertainment and Sports: pay 40.9% more in Iceland
Clothing: pay 30.9% more in Iceland

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

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Iceland vs. Paris Cost Breakdown

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

Display currency: USD

pay 45.6% more for restaurants

	Paris	Iceland
Basic meal with drink at inexpensive restaurant	$17.92 €15.95	$28.88 ISK3,499	+61.2%
Fast food combo meal McDonalds, or similar	$13.44 €11.96	$22.83 ISK2,767	+69.9%
Bottle of Coca-Cola (11 fl. oz)	$4.55 €4.05	$3.25 ISK393	-28.6%
Bottle of water (11 fl. oz)	$2.76 €2.46	$3.01 ISK365	+9.1%
Average			+45.6%

Paris vs. Iceland - Cost of restaurants

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pay 23.9% more for groceries

	Paris	Iceland
Bread 1 loaf	$2.49 €2.21	$3.55 ISK431	+42.9%
Local cheese (8 oz)	$11.08 €9.87	$10.11 ISK1,226	-8.8%
Milk (1 gallon)	$5.83 €5.19	$7.79 ISK944	+33.7%
Eggs 1 dozen	$4.41 €3.93	$6.92 ISK839	+57.0%
Boneless chicken breast (1 lb)	$6.25 €5.56	$11.01 ISK1,334	+76.3%
Apples (1 lb)	$1.47 €1.31	$1.43 ISK173	-2.8%
Bananas (1 lb)	$1.01 €0.90	$1.23 ISK148	+20.8%
Oranges (1 lb)	$1.32 €1.17	$1.42 ISK172	+7.5%
Tomatoes (1 lb)	$1.92 €1.71	$2.60 ISK315	+35.3%
Potatoes (1 lb)	$0.89 €0.79	$1.71 ISK207	+92.4%
Onions (1 lb)	$1.13 €1.01	$0.76 ISK92	-33.3%
Average			+23.9%

Paris vs. Iceland - Cost of groceries

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pay 5.6% more for transportation

	Paris	Iceland
Gasoline (1 gallon)	$8.46 €7.53	$8.09 ISK980	-4.5%
Monthly public transit pass	$101.67 €90.49	$80.58 ISK9,765	-20.7%
New Volkswagen Golf 1.4 (standard edition)	$34,599.83 €30,795.09	$48,967.53 ISK6M	+41.5%
Taxi trip in downtown area (5 miles)	$20.60 €18.34	$26.24 ISK3,179	+27.3%
Average			+5.6%

Paris vs. Iceland - Cost of transportation

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pay 27.9% more for housing

	Paris	Iceland
Internet connection 50 mbps or faster, cable/dsl	$29.90 €26.61	$98.24 ISK11,905	+228.6%
1-Bedroom apartment in downtown area	$1,564.13 €1,392.13	$2,335.24 ISK283K	+49.3%
1-Bedroom apartment outside city center	$1,192.71 €1,061.55	$1,824.40 ISK221K	+53.0%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$188.92 €168.15	$72.34 ISK8,766	-61.7%
Average			+27.9%

Paris vs. Iceland - Cost of housing

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pay 29.7% less for childcare

	Paris	Iceland
Private preschool for 1 child, monthly	$1,800.03 €1,602.09	$833.66 ISK101K	-53.7%
Middle school for 1 child, two semesters	$26,004.30 €23,144.76	$27,752.37 ISK3M	+6.7%
Average			-29.7%

Paris vs. Iceland - Cost of childcare

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pay 40.9% more for entertainment and sports

	Paris	Iceland
Domestic/local beer (1 pint)	$7.84 €6.98	$11.37 ISK1,378	+45.1%
Cappuccino in mid-range area	$5.05 €4.50	$5.90 ISK715	+16.8%
Pack of cigarettes Marlboro or similar	$14.56 €12.96	$13.85 ISK1,679	-4.8%
Monthly membership at local gym	$39.05 €34.75	$83.64 ISK10,136	+114.2%
Movie ticket to theater/cinema	$14.56 €12.96	$17.92 ISK2,171	+23.1%
Average			+40.9%

Paris vs. Iceland - Cost of entertainment and sports

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pay 30.9% more for clothing

	Paris	Iceland
Regular jeans Levi's brand	$110.29 €98.16	$134.47 ISK16,295	+21.9%
Regular dress from H&M or similar store	$52.46 €46.69	$63.25 ISK7,664	+20.6%
Running shoes Nike or Adidas	$118.77 €105.71	$159.03 ISK19,271	+33.9%
Men's business shoes (leather)	$158.84 €141.38	$237.19 ISK28,742	+49.3%
Average			+30.9%

Paris vs. Iceland - Cost of clothing

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We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated October 2026). How we calculate this

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Size Comparison · See true size

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