Cost of living comparison
compared to
Iceland vs. Philadelphia Cost of Living Summary
Iceland is 25.7% more expensive than Philadelphia.
- Restaurants
-
pay 34.4% more in Iceland
- Groceries
-
pay 13.0% more in Iceland
- Transportation
-
pay 70.3% more in Iceland
- Housing
-
pay 5.9% more in Iceland
- Childcare
-
pay 55.6% less in Iceland
- Entertainment and Sports
-
pay 29.9% more in Iceland
- Clothing
-
pay 82.0% more in Iceland
The cost of clothing, transportation, restaurants, entertainment and sports, groceries, and housing in Iceland are more expensive than in Philadelphia. Notably, clothing is significantly more expensive in Iceland.
Iceland vs. Philadelphia Cost Breakdown
If you lived in Iceland instead of Philadelphia, you would:
pay 34.4% more for restaurants
|
Philadelphia
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$20.00
|
$26.52
ISK3,332
|
|
|
Fast food combo meal
McDonalds, or similar
|
$13.00
|
$21.32
ISK2,678
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.79
|
$3.11
ISK391
|
|
| Bottle of water (11 fl. oz) |
$2.10
|
$2.72
ISK342
|
|
Philadelphia vs. Iceland - Cost of restaurants
pay 13.0% more for groceries
|
Philadelphia
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$4.25
|
$3.80
ISK478
|
|
| Local cheese (8 oz) |
$7.30
|
$9.44
ISK1,186
|
|
| Milk (1 gallon) |
$5.27
|
$7.78
ISK977
|
|
|
Eggs
1 dozen
|
$4.54
|
$6.71
ISK843
|
|
| Boneless chicken breast (1 lb) |
$5.89
|
$11.22
ISK1,409
|
|
| Apples (1 lb) |
$2.73
|
$1.50
ISK188
|
|
| Bananas (1 lb) |
$0.85
|
$1.15
ISK144
|
|
| Oranges (1 lb) |
$2.05
|
$1.41
ISK178
|
|
| Tomatoes (1 lb) |
$2.65
|
$2.34
ISK294
|
|
| Potatoes (1 lb) |
$1.41
|
$1.65
ISK207
|
|
| Onions (1 lb) |
$1.49
|
$1.09
ISK137
|
|
Philadelphia vs. Iceland - Cost of groceries
pay 70.3% more for transportation
|
Philadelphia
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.24
|
$9.65
ISK1,213
|
|
| Monthly public transit pass |
$96.50
|
$79.56
ISK9,995
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$36,373.32
|
$49,144.25
ISK6,173,992
|
|
| Taxi trip in downtown area (5 miles) |
$15.43
|
$25.55
ISK3,210
|
|
Philadelphia vs. Iceland - Cost of transportation
pay 5.9% more for housing
|
Philadelphia
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$76.39
|
$95.65
ISK12,016
|
|
| 1-Bedroom apartment in downtown area |
$1,831.00
|
$2,289.17
ISK287,588
|
|
| 1-Bedroom apartment outside city center |
$1,313.60
|
$1,830.04
ISK229,909
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$189.95
|
$65.15
ISK8,185
|
|
Philadelphia vs. Iceland - Cost of housing
pay 55.6% less for childcare
|
Philadelphia
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$2,026.67
|
$334.67
ISK42,044
|
|
| Middle school for 1 child, two semesters |
$42,560.00
|
$30,711.08
ISK3,858,233
|
|
Philadelphia vs. Iceland - Cost of childcare
pay 29.9% more for entertainment and sports
|
Philadelphia
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$6.00
|
$11.14
ISK1,400
|
|
| Cappuccino in mid-range area |
$5.06
|
$5.62
ISK707
|
|
|
Pack of cigarettes
Marlboro or similar
|
$13.00
|
$13.90
ISK1,746
|
|
| Monthly membership at local gym |
$58.38
|
$78.17
ISK9,821
|
|
| Movie ticket to theater/cinema |
$15.00
|
$16.75
ISK2,105
|
|
Philadelphia vs. Iceland - Cost of entertainment and sports
pay 82.0% more for clothing
|
Philadelphia
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$51.00
|
$130.91
ISK16,446
|
|
|
Regular dress
from H&M or similar store
|
$44.86
|
$61.83
ISK7,768
|
|
|
Running shoes
Nike or Adidas
|
$95.31
|
$163.81
ISK20,580
|
|
| Men's business shoes (leather) |
$146.67
|
$237.31
ISK29,813
|
|
Philadelphia 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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