Cost of living comparison
Iceland is 44.7% more expensive than Sweden.
If you lived in Iceland instead of Sweden, you would:
pay 50.6% more for restaurants
Sweden
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$10.47
kr110.61
|
$17.84
kr2,439
|
|
Fast food combo meal
McDonalds, or similar
|
$8.27
kr87.42
|
$14.27
kr1,951
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.80
kr18.99
|
$2.32
kr317
|
|
Bottle of water (11 fl. oz) |
$1.63
kr17.18
|
$2.12
kr290
|
|
pay 28.7% more for groceries
Sweden
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$2.32
kr24.54
|
$3.42
kr468
|
|
Local cheese (8 oz) |
$4.47
kr47.28
|
$5.98
kr818
|
|
Milk (1 gallon) |
$4.74
kr50.09
|
$5.33
kr728
|
|
Eggs
1 dozen
|
$3.01
kr31.82
|
$5.66
kr774
|
|
Boneless chicken breast (1 lb) |
$4.05
kr42.83
|
$7.09
kr970
|
|
Apples (1 lb) |
$1.20
kr12.67
|
$1.16
kr159
|
|
Bananas (1 lb) |
$1.00
kr10.53
|
$0.98
kr134
|
|
Oranges (1 lb) |
$1.15
kr12.13
|
$1.17
kr160
|
|
Tomatoes (1 lb) |
$1.57
kr16.56
|
$1.84
kr251
|
|
Potatoes (1 lb) |
$0.60
kr6.35
|
$0.96
kr131
|
|
Onions (1 lb) |
$0.60
kr6.32
|
$0.51
kr70
|
|
pay 14.9% more for transportation
Sweden
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$7.21
kr76.23
|
$8.03
kr1,099
|
|
Monthly public transit pass |
$69.67
kr736.30
|
$77.40
kr10,584
|
|
New Volkswagen Golf 1.4 (standard edition) |
$23,170.07
kr244,858.96
|
$29,836.83
kr4,080,131
|
|
Taxi trip in downtown area (5 miles) |
$22.12
kr233.81
|
$23.97
kr3,277
|
|
pay 84.2% more for housing
Sweden
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$28.54
kr301.64
|
$62.40
kr8,533
|
|
1-Bedroom apartment in downtown area |
$736.74
kr7,785.77
|
$1,437.14
kr196,527
|
|
1-Bedroom apartment outside city center |
$574.14
kr6,067.40
|
$1,215.63
kr166,234
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$61.61
kr651.08
|
$68.63
kr9,385
|
|
pay 43.2% more for childcare
Sweden
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$129.63
kr1,369.89
|
$259.34
kr35,465
|
|
Middle school for 1 child, two semesters |
$3,186.61
kr33,675.74
|
$2,750.10
kr376,071
|
|
pay 33.9% more for entertainment and sports
Sweden
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$6.47
kr68.34
|
$8.52
kr1,165
|
|
Cappuccino in mid-range area |
$3.66
kr38.66
|
$4.15
kr568
|
|
Pack of cigarettes
Marlboro or similar
|
$6.21
kr65.63
|
$10.64
kr1,454
|
|
Monthly membership at local gym |
$36.95
kr390.53
|
$56.90
kr7,781
|
|
Movie ticket to theater/cinema |
$12.40
kr131.04
|
$12.27
kr1,678
|
|
pay 57.6% more for clothing
Sweden
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$78.79
kr832.63
|
$118.08
kr16,147
|
|
Regular dress
from H&M or similar store
|
$34.00
kr359.35
|
$50.39
kr6,891
|
|
Running shoes
Nike or Adidas
|
$80.12
kr846.68
|
$151.12
kr20,665
|
|
Men's business shoes (leather) |
$121.88
kr1,288.03
|
$175.20
kr23,958
|
|
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