Iceland is 11.1% more expensive than United States.

If you lived in Iceland instead of United States, you would:

pay 18.8% more for restaurants

 
United States
Iceland
Basic meal with drink at inexpensive restaurant $18.15
 
$17.84
kr2,462
Fast food combo meal
McDonalds, or similar
$9.28
 
$14.27
kr1,969
Bottle of Coca-Cola (11 fl. oz) $2.24
 
$2.32
kr320

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pay 2.8% less for groceries

 
United States
Iceland
Bread
1 loaf
$3.17
 
$3.42
kr472
Local cheese (8 oz) $5.93
 
$5.98
kr825
Milk (1 gallon) $3.83
 
$5.33
kr735

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pay 50.3% more for transportation

 
United States
Iceland
Gasoline (1 gallon) $3.72
 
$8.03
kr1,109
Monthly public transit pass $63.08
 
$77.40
kr10,681
New Volkswagen Golf 1.4 (standard edition) $25,096.27
 
$29,836.83
kr4,117,483

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pay 18.4% less for housing

 
United States
Iceland
Internet connection
50 mbps or faster, cable/dsl
$70.73
 
$62.40
kr8,612
1-Bedroom apartment in downtown area $1,528.07
 
$1,437.14
kr198,326
1-Bedroom apartment outside city center $1,282.97
 
$1,215.63
kr167,756

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pay 80.0% less for childcare

 
United States
Iceland
Private preschool for 1 child, monthly $1,137.97
 
$259.34
kr35,789
Middle school for 1 child, two semesters $15,943.15
 
$2,750.10
kr379,513

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pay 23.1% more for entertainment and sports

 
United States
Iceland
Domestic/local beer (1 pint) $5.19
 
$8.52
kr1,176
Cappuccino in mid-range area $4.51
 
$4.15
kr573
Pack of cigarettes
Marlboro or similar
$8.57
 
$10.64
kr1,468

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pay 86.8% more for clothing

 
United States
Iceland
Regular jeans
Levi's brand
$45.40
 
$118.08
kr16,294
Regular dress
from H&M or similar store
$36.73
 
$50.39
kr6,954
Running shoes
Nike or Adidas
$79.51
 
$151.12
kr20,854

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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: February 2024
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