Cost of living comparison
Iceland is 22.9% more expensive than South Carolina.
- Restaurants
-
pay 24.7% more in Iceland
- Groceries
-
pay 15.9% more in Iceland
- Transportation
-
pay 66.0% more in Iceland
- Housing
-
pay 4.2% less in Iceland
- Childcare
-
pay 76.6% less in Iceland
- Entertainment and Sports
-
pay 52.7% more in Iceland
- Clothing
-
pay 81.7% more in Iceland
The cost of clothing, transportation, entertainment and sports, restaurants, and groceries in Iceland are more expensive than in South Carolina. Expenses including childcare and housing are lower in Iceland. Notably, clothing is significantly more expensive in Iceland.
If you lived in Iceland instead of South Carolina, you would:
pay 24.7% more for restaurants
|
South Carolina
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$17.57
|
$19.40
ISK2,534
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.40
|
$16.94
ISK2,213
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.41
|
$2.81
ISK367
|
|
| Bottle of water (11 fl. oz) |
$1.86
|
$2.02
ISK264
|
|
pay 15.9% more for groceries
|
South Carolina
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.02
|
$2.95
ISK386
|
|
| Local cheese (8 oz) |
$4.99
|
$7.27
ISK949
|
|
| Milk (1 gallon) |
$3.25
|
$6.01
ISK784
|
|
|
Eggs
1 dozen
|
$2.94
|
$5.42
ISK708
|
|
| Boneless chicken breast (1 lb) |
$4.81
|
$8.51
ISK1,111
|
|
| Apples (1 lb) |
$2.50
|
$1.22
ISK160
|
|
| Bananas (1 lb) |
$0.81
|
$1.03
ISK134
|
|
| Oranges (1 lb) |
$2.11
|
$1.17
ISK153
|
|
| Tomatoes (1 lb) |
$1.90
|
$1.87
ISK245
|
|
| Potatoes (1 lb) |
$1.25
|
$1.23
ISK161
|
|
| Onions (1 lb) |
$1.37
|
$0.78
ISK102
|
|
pay 66.0% more for transportation
|
South Carolina
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.08
|
$8.36
ISK1,092
|
|
| Monthly public transit pass |
$49.00
|
$71.28
ISK9,310
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$30,676.82
|
$40,660.66
ISK5,310,689
|
|
| Taxi trip in downtown area (5 miles) |
$19.29
|
$22.04
ISK2,878
|
|
pay 4.2% less for housing
|
South Carolina
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$63.14
|
$72.17
ISK9,427
|
|
| 1-Bedroom apartment in downtown area |
$1,510.93
|
$1,838.04
ISK240,066
|
|
| 1-Bedroom apartment outside city center |
$1,398.21
|
$1,497.77
ISK195,624
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$144.70
|
$58.01
ISK7,577
|
|
pay 76.6% less for childcare
|
South Carolina
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,335.89
|
$258.16
ISK33,719
|
|
| Middle school for 1 child, two semesters |
$21,679.50
|
$5,993.99
ISK782,876
|
|
pay 52.7% more for entertainment and sports
|
South Carolina
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$4.79
|
$9.19
ISK1,200
|
|
| Cappuccino in mid-range area |
$5.08
|
$4.65
ISK607
|
|
|
Pack of cigarettes
Marlboro or similar
|
$7.37
|
$11.76
ISK1,535
|
|
| Monthly membership at local gym |
$29.76
|
$61.46
ISK8,027
|
|
| Movie ticket to theater/cinema |
$12.57
|
$14.35
ISK1,874
|
|
pay 81.7% more for clothing
|
South Carolina
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$45.07
|
$111.23
ISK14,528
|
|
|
Regular dress
from H&M or similar store
|
$39.58
|
$59.69
ISK7,796
|
|
|
Running shoes
Nike or Adidas
|
$89.11
|
$148.00
ISK19,330
|
|
| Men's business shoes (leather) |
$113.24
|
$184.49
ISK24,097
|
|
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