Cost of living comparison
compared to
Iceland vs. Singapore Cost of Living Summary
Iceland is 38.5% more expensive than Singapore.
- Restaurants
-
pay 2.5 times more in Iceland
- Groceries
-
pay 31.3% more in Iceland
- Transportation
-
pay 25.0% more in Iceland
- Housing
-
pay 20.6% more in Iceland
- Childcare
-
pay 33.9% less in Iceland
- Entertainment and Sports
-
pay 16.9% more in Iceland
- Clothing
-
pay 61.0% more in Iceland
The cost of restaurants, clothing, groceries, transportation, housing, and entertainment and sports in Iceland are more expensive than in Singapore. Notably, restaurants is significantly more expensive in Iceland.
Iceland vs. Singapore Cost Breakdown
If you lived in Iceland instead of Singapore, you would:
pay 2.5 times more for restaurants
|
Singapore
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$9.28
SGD12.04
|
$26.52
ISK3,394
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.73
SGD10.03
|
$21.32
ISK2,728
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.58
SGD2.04
|
$3.11
ISK398
|
|
| Bottle of water (11 fl. oz) |
$1.16
SGD1.50
|
$2.72
ISK348
|
|
Singapore vs. Iceland - Cost of restaurants
pay 31.3% more for groceries
|
Singapore
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.36
SGD3.07
|
$3.80
ISK487
|
|
| Local cheese (8 oz) |
$8.89
SGD11.53
|
$9.44
ISK1,208
|
|
| Milk (1 gallon) |
$11.53
SGD14.96
|
$7.78
ISK996
|
|
|
Eggs
1 dozen
|
$3.24
SGD4.20
|
$6.71
ISK859
|
|
| Boneless chicken breast (1 lb) |
$5.05
SGD6.56
|
$11.22
ISK1,436
|
|
| Apples (1 lb) |
$1.95
SGD2.53
|
$1.50
ISK191
|
|
| Bananas (1 lb) |
$1.36
SGD1.77
|
$1.15
ISK147
|
|
| Oranges (1 lb) |
$2.22
SGD2.88
|
$1.41
ISK181
|
|
| Tomatoes (1 lb) |
$1.19
SGD1.54
|
$2.34
ISK300
|
|
| Potatoes (1 lb) |
$1.12
SGD1.46
|
$1.65
ISK211
|
|
| Onions (1 lb) |
$0.98
SGD1.27
|
$1.09
ISK140
|
|
Singapore vs. Iceland - Cost of groceries
pay 25.0% more for transportation
|
Singapore
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.27
SGD10.73
|
$9.65
ISK1,235
|
|
| Monthly public transit pass |
$92.79
SGD120.39
|
$79.56
ISK10,182
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$139,191.98
SGD180,587.67
|
$49,144.25
ISK6,289,481
|
|
| Taxi trip in downtown area (5 miles) |
$9.74
SGD12.64
|
$25.55
ISK3,270
|
|
Singapore vs. Iceland - Cost of transportation
pay 20.6% more for housing
|
Singapore
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$35.10
SGD45.54
|
$95.65
ISK12,241
|
|
| 1-Bedroom apartment in downtown area |
$3,116.78
SGD4,043.71
|
$2,289.17
ISK292,968
|
|
| 1-Bedroom apartment outside city center |
$2,276.91
SGD2,954.06
|
$1,830.04
ISK234,209
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$116.26
SGD150.83
|
$65.15
ISK8,338
|
|
Singapore vs. Iceland - Cost of housing
pay 33.9% less for childcare
|
Singapore
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,253.76
SGD1,626.63
|
$334.67
ISK42,830
|
|
| Middle school for 1 child, two semesters |
$29,085.74
SGD37,735.84
|
$30,711.08
ISK3,930,404
|
|
Singapore vs. Iceland - Cost of childcare
pay 16.9% more for entertainment and sports
|
Singapore
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$7.73
SGD10.03
|
$11.14
ISK1,426
|
|
| Cappuccino in mid-range area |
$4.68
SGD6.07
|
$5.62
ISK720
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.76
SGD16.55
|
$13.90
ISK1,778
|
|
| Monthly membership at local gym |
$117.15
SGD151.99
|
$78.17
ISK10,004
|
|
| Movie ticket to theater/cinema |
$11.60
SGD15.05
|
$16.75
ISK2,144
|
|
Singapore vs. Iceland - Cost of entertainment and sports
pay 61.0% more for clothing
|
Singapore
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$84.93
SGD110.19
|
$130.91
ISK16,753
|
|
|
Regular dress
from H&M or similar store
|
$42.58
SGD55.24
|
$61.83
ISK7,913
|
|
|
Running shoes
Nike or Adidas
|
$104.51
SGD135.60
|
$163.81
ISK20,965
|
|
| Men's business shoes (leather) |
$126.20
SGD163.73
|
$237.31
ISK30,371
|
|
Singapore 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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