Cost of living comparison

France

compared to

Iceland

Iceland vs. Paris Cost of Living Summary

Iceland is 24.4% more expensive than Paris.

Restaurants: pay 15.2% more in Iceland
Groceries: pay 19.0% more in Iceland
Transportation: pay 6.4% more in Iceland
Housing: pay 44.9% more in Iceland
Childcare: pay 28.2% more in Iceland
Entertainment and Sports: pay 25.1% more in Iceland
Clothing: pay 31.9% more in Iceland

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

Planning a move to Iceland? Get up to 5 free, no-obligation quotes from vetted international movers. Get free quotes →

Iceland vs. Paris Cost Breakdown

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

Display currency: USD

pay 15.2% more for restaurants

	Paris	Iceland
Basic meal with drink at inexpensive restaurant	$17.52 €15.09	$26.52 ISK3,215	+51.4%
Fast food combo meal McDonalds, or similar	$14.02 €12.07	$21.32 ISK2,584	+52.1%
Bottle of Coca-Cola (11 fl. oz)	$4.24 €3.65	$3.11 ISK377	-26.7%
Bottle of water (11 fl. oz)	$3.24 €2.79	$2.72 ISK330	-16.1%
Average			+15.2%

Paris vs. Iceland - Cost of restaurants

Improve prices · Change currency (USD)

pay 19.0% more for groceries

	Paris	Iceland
Bread 1 loaf	$2.10 €1.81	$3.80 ISK461	+81.2%
Local cheese (8 oz)	$12.76 €10.98	$9.44 ISK1,144	-26.0%
Milk (1 gallon)	$5.95 €5.12	$7.78 ISK943	+30.7%
Eggs 1 dozen	$5.22 €4.50	$6.71 ISK813	+28.4%
Boneless chicken breast (1 lb)	$6.68 €5.75	$11.22 ISK1,360	+67.9%
Apples (1 lb)	$1.64 €1.42	$1.50 ISK181	-9.1%
Bananas (1 lb)	$1.15 €0.99	$1.15 ISK139	-0.3%
Oranges (1 lb)	$1.47 €1.26	$1.41 ISK171	-3.7%
Tomatoes (1 lb)	$1.81 €1.56	$2.34 ISK284	+29.0%
Potatoes (1 lb)	$1.21 €1.04	$1.65 ISK200	+36.1%
Onions (1 lb)	$1.47 €1.26	$1.09 ISK133	-25.4%
Average			+19.0%

Paris vs. Iceland - Cost of groceries

Improve prices · Change currency (USD)

pay 6.4% more for transportation

	Paris	Iceland
Gasoline (1 gallon)	$8.06 €6.94	$9.65 ISK1,170	+19.8%
Monthly public transit pass	$103.72 €89.30	$79.56 ISK9,646	-23.3%
New Volkswagen Golf 1.4 (standard edition)	$35,904.00 €30,914.42	$49,144.25 ISK6M	+36.9%
Taxi trip in downtown area (5 miles)	$27.70 €23.85	$25.55 ISK3,098	-7.8%
Average			+6.4%

Paris vs. Iceland - Cost of transportation

Improve prices · Change currency (USD)

pay 44.9% more for housing

	Paris	Iceland
Internet connection 50 mbps or faster, cable/dsl	$37.58 €32.36	$95.65 ISK11,596	+154.5%
1-Bedroom apartment in downtown area	$1,637.45 €1,409.89	$2,289.17 ISK278K	+39.8%
1-Bedroom apartment outside city center	$1,198.19 €1,031.68	$1,830.04 ISK222K	+52.7%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$200.70 €172.81	$65.15 ISK7,899	-67.5%
Average			+44.9%

Paris vs. Iceland - Cost of housing

Improve prices · Change currency (USD)

pay 28.2% more for childcare

	Paris	Iceland
Private preschool for 1 child, monthly	$798.13 €687.21	$334.67 ISK40,575	-58.1%
Middle school for 1 child, two semesters	$14,327.34 €12,336.27	$30,711.08 ISK4M	+114.4%
Average			+28.2%

Paris vs. Iceland - Cost of childcare

Improve prices · Change currency (USD)

pay 25.1% more for entertainment and sports

	Paris	Iceland
Domestic/local beer (1 pint)	$8.18 €7.04	$11.14 ISK1,351	+36.3%
Cappuccino in mid-range area	$4.93 €4.24	$5.62 ISK682	+14.1%
Pack of cigarettes Marlboro or similar	$15.18 €13.07	$13.90 ISK1,685	-8.5%
Monthly membership at local gym	$43.12 €37.12	$78.17 ISK9,478	+81.3%
Movie ticket to theater/cinema	$16.35 €14.08	$16.75 ISK2,031	+2.5%
Average			+25.1%

Paris vs. Iceland - Cost of entertainment and sports

Improve prices · Change currency (USD)

pay 31.9% more for clothing

	Paris	Iceland
Regular jeans Levi's brand	$118.15 €101.73	$130.91 ISK15,871	+10.8%
Regular dress from H&M or similar store	$48.25 €41.54	$61.83 ISK7,496	+28.2%
Running shoes Nike or Adidas	$123.09 €105.98	$163.81 ISK19,861	+33.1%
Men's business shoes (leather)	$152.69 €131.47	$237.31 ISK28,772	+55.4%
Average			+31.9%

Paris vs. Iceland - Cost of clothing

Improve prices · Change currency (USD)

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: September 2026

Compare further: Paris vs. Iceland

Salary Calculator · Free tool

What salary would you need in Iceland?

Size Comparison · See true size

Paris is about 977 times smaller than Iceland.

More cost comparisons

Paris vs.

Ottawa

Paris vs.

Cairo

Paris vs.

Algiers

Paris vs.

Singapore

Paris vs.

Dodoma

Paris vs.

Kiev

Paris vs.

Rome

Paris vs.

Moscow

Share this

Compare countries by overall cost of living

See the cost of living in France vs. Iceland. This provides a comparison of the average cost of living from cities within France and Iceland.

Help us improve these prices

MyLifeElsewhere is a collaborative project. Please enter price information for your location to help assist us in making these comparisons more accurate. Learn more

Add prices for Paris

Add prices for Iceland

Ask the Elsewhere Community

Join the Elsewhere community and ask a question about Iceland or Paris. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.