Cost of living comparison
Iceland is 27.5% cheaper than Switzerland.
If you lived in Iceland instead of Switzerland, you would:
pay 34.3% less for restaurants
Switzerland
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$26.06
CHF23.83
|
$17.84
kr2,506
|
|
Fast food combo meal
McDonalds, or similar
|
$16.57
CHF15.15
|
$14.27
kr2,005
|
|
Bottle of Coca-Cola (11 fl. oz) |
$4.36
CHF3.99
|
$2.32
kr326
|
|
Bottle of water (11 fl. oz) |
$3.85
CHF3.52
|
$2.12
kr298
|
|
pay 26.4% less for groceries
Switzerland
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$3.23
CHF2.95
|
$3.42
kr481
|
|
Local cheese (8 oz) |
$14.05
CHF12.84
|
$5.98
kr841
|
|
Milk (1 gallon) |
$6.73
CHF6.16
|
$5.33
kr748
|
|
Eggs
1 dozen
|
$6.47
CHF5.92
|
$5.66
kr795
|
|
Boneless chicken breast (1 lb) |
$11.61
CHF10.61
|
$7.09
kr997
|
|
Apples (1 lb) |
$1.92
CHF1.75
|
$1.16
kr163
|
|
Bananas (1 lb) |
$1.29
CHF1.18
|
$0.98
kr138
|
|
Oranges (1 lb) |
$1.50
CHF1.38
|
$1.17
kr165
|
|
Tomatoes (1 lb) |
$2.00
CHF1.83
|
$1.84
kr258
|
|
Potatoes (1 lb) |
$1.16
CHF1.06
|
$0.96
kr134
|
|
Onions (1 lb) |
$1.15
CHF1.05
|
$0.51
kr72
|
|
pay 18.6% less for transportation
Switzerland
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$7.86
CHF7.19
|
$8.03
kr1,129
|
|
Monthly public transit pass |
$101.99
CHF93.23
|
$77.40
kr10,876
|
|
New Volkswagen Golf 1.4 (standard edition) |
$34,369.68
CHF31,420.24
|
$29,836.83
kr4,192,672
|
|
Taxi trip in downtown area (5 miles) |
$39.48
CHF36.09
|
$23.97
kr3,368
|
|
pay 16.3% less for housing
Switzerland
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$58.09
CHF53.10
|
$62.40
kr8,769
|
|
1-Bedroom apartment in downtown area |
$1,527.18
CHF1,396.12
|
$1,437.14
kr201,947
|
|
1-Bedroom apartment outside city center |
$1,267.40
CHF1,158.64
|
$1,215.63
kr170,820
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$182.90
CHF167.21
|
$68.63
kr9,644
|
|
pay 89.4% less for childcare
Switzerland
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$2,253.56
CHF2,060.18
|
$259.34
kr36,443
|
|
Middle school for 1 child, two semesters |
$28,390.10
CHF25,953.81
|
$2,750.10
kr386,444
|
|
pay 11.1% less for entertainment and sports
Switzerland
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$6.80
CHF6.22
|
$8.52
kr1,198
|
|
Cappuccino in mid-range area |
$5.05
CHF4.61
|
$4.15
kr584
|
|
Pack of cigarettes
Marlboro or similar
|
$9.54
CHF8.72
|
$10.64
kr1,494
|
|
Monthly membership at local gym |
$88.43
CHF80.84
|
$56.90
kr7,996
|
|
Movie ticket to theater/cinema |
$20.14
CHF18.42
|
$12.27
kr1,725
|
|
pay 3.3% more for clothing
Switzerland
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$111.16
CHF101.62
|
$118.08
kr16,592
|
|
Regular dress
from H&M or similar store
|
$56.12
CHF51.31
|
$50.39
kr7,081
|
|
Running shoes
Nike or Adidas
|
$131.83
CHF120.52
|
$151.12
kr21,235
|
|
Men's business shoes (leather) |
$170.76
CHF156.11
|
$175.20
kr24,619
|
|
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