Cost of Living Comparison

  1. Cost of Living
  2. Iceland
  3. Reykjavik
  4. India
  5. Comparison
ISK
COMPARED TO
INR

India is 72.8% cheaper than Reykjavik.

If you lived in India instead of Reykjavik, you would:
local_dining

pay 82.8% less for restaurants

  Reykjavik help_outline India help_outline  
Basic meal with drink at inexpensive restaurant $18.12
kr1,902
$2.01
₹129.79
-88.9%
Fast food combo meal
McDonalds, or similar
 $12.68
kr1,330
$3.81
₹245.43
-70.0%
Bottle of Coca-Cola (11 fl. oz) $2.65
kr278
$0.44
₹28.46
-83.3%
Bottle of water (11 fl. oz) $1.84
kr193
$0.20
₹12.86
-89.2%
Average -82.8%
Reykjavik vs. India - Cost of restaurants
Improve prices · Change currency (USD)
local_grocery_store

pay 66.9% less for groceries

  Reykjavik help_outline India help_outline  
Bread
1 loaf
 $3.32
kr348
$0.43
₹27.66
-87.1%
Local cheese (8 oz) $5.56
kr584
$2.70
₹173.83
-51.5%
Milk (1 gallon) $4.91
kr516
$2.50
₹161.13
-49.1%
Eggs
1 dozen
 $5.19
kr544
$0.90
₹58.10
-82.6%
Boneless chicken breast (1 lb) $6.38
kr670
$1.39
₹89.48
-78.3%
Apples (1 lb) $1.05
kr110
$0.81
₹52.52
-22.5%
Bananas (1 lb) $0.78
kr81
$0.31
₹19.91
-60.2%
Oranges (1 lb) $1.00
kr105
$0.44
₹28.49
-55.7%
Tomatoes (1 lb) $1.88
kr197
$0.21
₹13.73
-88.7%
Potatoes (1 lb) $1.03
kr109
$0.17
₹10.71
-84.0%
Onions (1 lb) $0.81
kr85
$0.19
₹12.51
-76.1%
Average -66.9%
Reykjavik vs. India - Cost of groceries
Improve prices · Change currency (USD)
drive_eta

pay 68.2% less for transportation

  Reykjavik help_outline India help_outline  
Gasoline (1 gallon) $6.25
kr656
$3.95
₹254.56
-36.9%
Monthly public transit pass $92.77
kr9,736
$8.00
₹515.94
-91.4%
New Volkswagen Golf 1.4 (standard edition) $27,467.75
kr2,882,740
$12,461.77
₹803,410.57
-54.6%
Taxi trip in downtown area (5 miles) $25.36
kr2,661
$2.51
₹162.09
-90.1%
Average -68.2%
Reykjavik vs. India - Cost of transportation
Improve prices · Change currency (USD)
home

pay 81.5% less for housing

  Reykjavik help_outline India help_outline  
Internet connection
50 mbps or faster, cable/dsl
 $61.15
kr6,418
$10.99
₹708.81
-82.0%
1-Bedroom apartment in downtown area $1,445.24
kr151,678
$127.84
₹8,241.91
-91.2%
1-Bedroom apartment outside city center $1,188.58
kr124,741
$82.28
₹5,304.90
-93.1%
Utilities for two (700 sq ft apartment)
including electric, gas, water, heating
 $71.69
kr7,524
$28.82
₹1,857.73
-59.8%
Average -81.5%
Reykjavik vs. India - Cost of housing
Improve prices · Change currency (USD)
child_care

pay 79.2% less for childcare

  Reykjavik help_outline India help_outline  
Private preschool for 1 child, monthly $250.90
kr26,332
$46.44
₹2,993.70
-81.5%
Middle school for 1 child, two semesters $6,232.79
kr654,131
$1,432.91
₹92,379.62
-77.0%
Average -79.2%
Reykjavik vs. India - Cost of childcare
Improve prices · Change currency (USD)
gamepad

pay 69.8% less for entertainment and sports

  Reykjavik help_outline India help_outline  
Domestic/local beer (1 pint) $8.70
kr913
$1.80
₹116.02
-79.3%
Cappuccino in mid-range area $4.26
kr447
$1.46
₹94.42
-65.7%
Pack of cigarettes
Marlboro or similar
 $11.01
kr1,155
$3.80
₹245.15
-65.5%
Monthly membership at local gym $51.86
kr5,443
$18.64
₹1,201.64
-64.1%
Movie ticket to theater/cinema $11.78
kr1,236
$2.99
₹192.70
-74.6%
Average -69.8%
Reykjavik vs. India - Cost of entertainment and sports
Improve prices · Change currency (USD)
store

pay 61.3% less for clothing

  Reykjavik help_outline India help_outline  
Regular jeans
Levi's brand
 $107.09
kr11,239
$31.34
₹2,020.76
-70.7%
Regular dress
from H&M or similar store
 $44.81
kr4,703
$30.78
₹1,984.63
-31.3%
Running shoes
Nike or Adidas
 $126.28
kr13,253
$45.42
₹2,928.34
-64.0%
Men's business shoes (leather) $165.08
kr17,326
$34.27
₹2,209.68
-79.2%
Average -61.3%
Reykjavik vs. India - 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: January 2021
More cost of living comparisons
Reykjavik vs. Hong Kong
Reykjavik vs. Poland
Reykjavik vs. Canada
India vs. New Zealand
India vs. Vietnam
India vs. Ireland
Help us improve these prices
MyLifeElsewhere is a collaborative project. Please enter price information for your location (Ashburn, VA, United States) to help assist us in making these comparisons more accurate. Learn more
Contribute prices for India
Compare countries by overall cost of living
See the cost of living in Iceland vs. India. This provides a comparison of the average cost of living from cities within Iceland and India.
question_answer HAVE A QUESTION? ASK THE COMMUNITY
Join the Elsewhere community and ask a question about India. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.