Cost of living comparison
Iceland is 81.1% more expensive than Portugal.
If you lived in Iceland instead of Portugal, you would:
pay 80.5% more for restaurants
|
Portugal
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.26
€8.11
|
$15.00
kr2,051
|
|
|
Fast food combo meal
McDonalds, or similar
|
$6.62
€6.50
|
$12.33
kr1,686
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.40
€1.37
|
$2.20
kr301
|
|
| Bottle of water (11 fl. oz) |
$1.02
€1.00
|
$2.00
kr274
|
|
pay 2.2 times more for groceries
|
Portugal
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.11
€1.09
|
$3.14
kr430
|
|
| Local cheese (8 oz) |
$3.72
€3.65
|
$5.86
kr801
|
|
| Milk (1 gallon) |
$2.48
€2.44
|
$5.16
kr706
|
|
|
Eggs
1 dozen
|
$1.82
€1.78
|
$5.51
kr754
|
|
| Boneless chicken breast (1 lb) |
$2.41
€2.36
|
$7.10
kr971
|
|
| Apples (1 lb) |
$0.73
€0.71
|
$1.19
kr163
|
|
| Bananas (1 lb) |
$0.52
€0.51
|
$1.08
kr148
|
|
| Oranges (1 lb) |
$0.60
€0.59
|
$1.13
kr155
|
|
| Tomatoes (1 lb) |
$0.71
€0.70
|
$1.70
kr233
|
|
| Potatoes (1 lb) |
$0.43
€0.43
|
$1.01
kr139
|
|
| Onions (1 lb) |
$0.50
€0.49
|
$0.66
kr91
|
|
pay 63.5% more for transportation
|
Portugal
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.05
€7.90
|
$7.21
kr986
|
|
| Monthly public transit pass |
$37.01
€36.33
|
$85.09
kr11,636
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$25,891.10
€25,416.44
|
$27,857.83
kr3,809,558
|
|
| Taxi trip in downtown area (5 miles) |
$9.42
€9.25
|
$21.37
kr2,922
|
|
pay 80.4% more for housing
|
Portugal
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$34.83
€34.19
|
$66.89
kr9,148
|
|
| 1-Bedroom apartment in downtown area |
$622.17
€610.77
|
$1,349.42
kr184,533
|
|
| 1-Bedroom apartment outside city center |
$499.75
€490.59
|
$1,143.63
kr156,391
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$84.53
€82.98
|
$70.86
kr9,690
|
|
pay 37.8% less for childcare
|
Portugal
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$334.12
€327.99
|
$277.52
kr37,951
|
|
| Middle school for 1 child, two semesters |
$6,845.01
€6,719.52
|
$2,822.44
kr385,968
|
|
pay 2.6 times more for entertainment and sports
|
Portugal
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.78
€1.75
|
$7.85
kr1,074
|
|
| Cappuccino in mid-range area |
$1.41
€1.38
|
$4.10
kr561
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.31
€5.21
|
$11.37
kr1,555
|
|
| Monthly membership at local gym |
$34.71
€34.07
|
$63.31
kr8,658
|
|
| Movie ticket to theater/cinema |
$7.06
€6.93
|
$11.69
kr1,599
|
|
pay 2.0 times more for clothing
|
Portugal
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$71.91
€70.59
|
$117.41
kr16,056
|
|
|
Regular dress
from H&M or similar store
|
$31.02
€30.45
|
$55.13
kr7,539
|
|
|
Running shoes
Nike or Adidas
|
$68.14
€66.89
|
$156.49
kr21,401
|
|
| Men's business shoes (leather) |
$79.29
€77.84
|
$191.54
kr26,193
|
|
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