Cost of living comparison
Iceland is 54.0% more expensive than Sweden.
If you lived in Iceland instead of Sweden, you would:
pay 48.4% more for restaurants
Sweden
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$11.31
SEK119.94
|
$19.51
ISK2,682
|
|
Fast food combo meal
McDonalds, or similar
|
$9.30
SEK98.56
|
$16.45
ISK2,261
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.93
SEK20.42
|
$2.70
ISK372
|
|
Bottle of water (11 fl. oz) |
$1.88
SEK19.97
|
$1.95
ISK269
|
|
pay 20.3% more for groceries
Sweden
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$2.55
SEK27.01
|
$3.16
ISK434
|
|
Local cheese (8 oz) |
$5.31
SEK56.27
|
$6.72
ISK923
|
|
Milk (1 gallon) |
$5.59
SEK59.25
|
$6.27
ISK862
|
|
Eggs
1 dozen
|
$3.82
SEK40.50
|
$6.03
ISK829
|
|
Boneless chicken breast (1 lb) |
$4.89
SEK51.80
|
$7.60
ISK1,045
|
|
Apples (1 lb) |
$1.22
SEK12.90
|
$1.13
ISK155
|
|
Bananas (1 lb) |
$1.07
SEK11.32
|
$1.01
ISK139
|
|
Oranges (1 lb) |
$1.14
SEK12.06
|
$1.15
ISK159
|
|
Tomatoes (1 lb) |
$1.80
SEK19.11
|
$1.71
ISK235
|
|
Potatoes (1 lb) |
$0.67
SEK7.06
|
$1.13
ISK155
|
|
Onions (1 lb) |
$0.72
SEK7.67
|
$0.68
ISK94
|
|
pay 19.9% more for transportation
Sweden
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$6.80
SEK72.11
|
$8.42
ISK1,157
|
|
Monthly public transit pass |
$68.13
SEK722.25
|
$68.29
ISK9,387
|
|
New Volkswagen Golf 1.4 (standard edition) |
$27,059.79
SEK286,851.20
|
$39,714.69
ISK5,458,784
|
|
Taxi trip in downtown area (5 miles) |
$21.32
SEK226.00
|
$23.23
ISK3,193
|
|
pay 82.6% more for housing
Sweden
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$29.04
SEK307.80
|
$74.47
ISK10,236
|
|
1-Bedroom apartment in downtown area |
$873.36
SEK9,258.13
|
$1,518.94
ISK208,778
|
|
1-Bedroom apartment outside city center |
$653.04
SEK6,922.63
|
$1,325.48
ISK182,187
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.04
SEK731.89
|
$66.99
ISK9,208
|
|
pay 2.1 times more for childcare
Sweden
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$121.10
SEK1,283.74
|
$254.97
ISK35,045
|
|
Middle school for 1 child, two semesters |
$2,856.48
SEK30,280.52
|
$5,993.83
ISK823,851
|
|
pay 38.8% more for entertainment and sports
Sweden
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$6.81
SEK72.24
|
$9.37
ISK1,288
|
|
Cappuccino in mid-range area |
$3.75
SEK39.71
|
$4.61
ISK634
|
|
Pack of cigarettes
Marlboro or similar
|
$6.25
SEK66.22
|
$11.22
ISK1,542
|
|
Monthly membership at local gym |
$39.42
SEK417.84
|
$60.00
ISK8,247
|
|
Movie ticket to theater/cinema |
$13.75
SEK145.73
|
$13.94
ISK1,916
|
|
pay 57.6% more for clothing
Sweden
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$80.13
SEK849.48
|
$108.23
ISK14,877
|
|
Regular dress
from H&M or similar store
|
$34.51
SEK365.79
|
$59.73
ISK8,210
|
|
Running shoes
Nike or Adidas
|
$82.17
SEK871.03
|
$146.94
ISK20,197
|
|
Men's business shoes (leather) |
$117.97
SEK1,250.57
|
$169.24
ISK23,262
|
|
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