Iceland is 92.1% more expensive than South Korea.

If you lived in Iceland instead of South Korea, you would:

Display currency: USD

pay 2.7 times more for restaurants

 
South Korea
Iceland
Basic meal with drink at inexpensive restaurant $6.16
₩8,612
$19.40
ISK2,691
Fast food combo meal
McDonalds, or similar
$5.24
₩7,325
$16.94
ISK2,350
Bottle of Coca-Cola (11 fl. oz) $1.47
₩2,058
$2.81
ISK390

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pay 2.5% more for groceries

 
South Korea
Iceland
Bread
1 loaf
$3.08
₩4,302
$2.95
ISK410
Local cheese (8 oz) $5.40
₩7,556
$7.27
ISK1,008
Milk (1 gallon) $7.46
₩10,428
$6.01
ISK833

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pay 92.0% more for transportation

 
South Korea
Iceland
Gasoline (1 gallon) $4.39
₩6,142
$8.36
ISK1,160
Monthly public transit pass $45.32
₩63,361
$71.28
ISK9,889
New Volkswagen Golf 1.4 (standard edition) $27,023.07
₩37,783,651
$40,660.66
ISK5,641,260

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pay 3.4 times more for housing

 
South Korea
Iceland
Internet connection
50 mbps or faster, cable/dsl
$17.65
₩24,684
$72.17
ISK10,013
1-Bedroom apartment in downtown area $426.93
₩596,936
$1,838.04
ISK255,009
1-Bedroom apartment outside city center $328.41
₩459,187
$1,497.77
ISK207,801

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pay 52.3% less for childcare

 
South Korea
Iceland
Private preschool for 1 child, monthly $373.40
₩522,089
$258.16
ISK35,818
Middle school for 1 child, two semesters $22,907.58
₩32,029,372
$5,993.99
ISK831,607

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pay 2.2 times more for entertainment and sports

 
South Korea
Iceland
Domestic/local beer (1 pint) $3.09
₩4,326
$9.19
ISK1,275
Cappuccino in mid-range area $3.39
₩4,739
$4.65
ISK645
Pack of cigarettes
Marlboro or similar
$3.21
₩4,494
$11.76
ISK1,631

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pay 79.2% more for clothing

 
South Korea
Iceland
Regular jeans
Levi's brand
$60.70
₩84,877
$111.23
ISK15,432
Regular dress
from H&M or similar store
$44.52
₩62,251
$59.69
ISK8,281
Running shoes
Nike or Adidas
$72.99
₩102,058
$148.00
ISK20,533

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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: November 2024
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