Cost of living comparison
Iceland is 18.6% more expensive than Utah.
- Restaurants
-
pay 25.9% more in Iceland
- Groceries
-
pay 14.4% more in Iceland
- Transportation
-
pay 50.4% more in Iceland
- Housing
-
pay 2.0% more in Iceland
- Childcare
-
pay 68.9% less in Iceland
- Entertainment and Sports
-
pay 34.6% more in Iceland
- Clothing
-
pay 72.0% more in Iceland
The cost of clothing, transportation, entertainment and sports, restaurants, groceries, and housing in Iceland are more expensive than in Utah.
If you lived in Iceland instead of Utah, you would:
pay 25.9% more for restaurants
|
Utah
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$15.44
|
$19.40
ISK2,740
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.85
|
$16.94
ISK2,393
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.49
|
$2.81
ISK397
|
|
| Bottle of water (11 fl. oz) |
$1.85
|
$2.02
ISK286
|
|
pay 14.4% more for groceries
|
Utah
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.26
|
$2.95
ISK417
|
|
| Local cheese (8 oz) |
$6.28
|
$7.27
ISK1,026
|
|
| Milk (1 gallon) |
$3.32
|
$6.01
ISK848
|
|
|
Eggs
1 dozen
|
$3.53
|
$5.42
ISK765
|
|
| Boneless chicken breast (1 lb) |
$4.61
|
$8.51
ISK1,202
|
|
| Apples (1 lb) |
$2.27
|
$1.22
ISK173
|
|
| Bananas (1 lb) |
$0.96
|
$1.03
ISK145
|
|
| Oranges (1 lb) |
$1.72
|
$1.17
ISK165
|
|
| Tomatoes (1 lb) |
$1.72
|
$1.87
ISK265
|
|
| Potatoes (1 lb) |
$1.00
|
$1.23
ISK174
|
|
| Onions (1 lb) |
$1.09
|
$0.78
ISK111
|
|
pay 50.4% more for transportation
|
Utah
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.70
|
$8.36
ISK1,181
|
|
| Monthly public transit pass |
$86.08
|
$71.28
ISK10,067
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$30,772.50
|
$40,660.66
ISK5,742,912
|
|
| Taxi trip in downtown area (5 miles) |
$13.72
|
$22.04
ISK3,112
|
|
pay 2.0% more for housing
|
Utah
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$65.57
|
$72.17
ISK10,194
|
|
| 1-Bedroom apartment in downtown area |
$1,440.16
|
$1,838.04
ISK259,604
|
|
| 1-Bedroom apartment outside city center |
$1,209.26
|
$1,497.77
ISK211,545
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$125.10
|
$58.01
ISK8,194
|
|
pay 68.9% less for childcare
|
Utah
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$952.44
|
$258.16
ISK36,463
|
|
| Middle school for 1 child, two semesters |
$17,083.33
|
$5,993.99
ISK846,592
|
|
pay 34.6% more for entertainment and sports
|
Utah
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$5.44
|
$9.19
ISK1,298
|
|
| Cappuccino in mid-range area |
$4.67
|
$4.65
ISK657
|
|
|
Pack of cigarettes
Marlboro or similar
|
$9.26
|
$11.76
ISK1,660
|
|
| Monthly membership at local gym |
$40.08
|
$61.46
ISK8,681
|
|
| Movie ticket to theater/cinema |
$11.53
|
$14.35
ISK2,027
|
|
pay 72.0% more for clothing
|
Utah
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$49.67
|
$111.23
ISK15,710
|
|
|
Regular dress
from H&M or similar store
|
$41.98
|
$59.69
ISK8,430
|
|
|
Running shoes
Nike or Adidas
|
$92.02
|
$148.00
ISK20,903
|
|
| Men's business shoes (leather) |
$114.71
|
$184.49
ISK26,058
|
|
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