Iceland vs. Utah Cost of Living Summary

Iceland is 45.0% more expensive than Utah.

Restaurants
pay 81.2% more in Iceland
Groceries
pay 37.4% more in Iceland
Transportation
pay 44.5% more in Iceland
Housing
pay 36.0% more in Iceland
Childcare
pay 4.5% more in Iceland
Entertainment and Sports
pay 62.9% more in Iceland
Clothing
pay 88.9% more in Iceland

The cost of clothing, restaurants, entertainment and sports, transportation, groceries, and housing in Iceland are more expensive than in Utah. Notably, clothing and restaurants are significantly more expensive in Iceland.

Iceland vs. Utah Cost Breakdown

If you lived in Iceland instead of Utah, you would:

pay 81.2% more for restaurants

 
Utah
Iceland
Basic meal with drink at inexpensive restaurant $16.72
 
$28.88
ISK3,518
Fast food combo meal
McDonalds, or similar
$10.61
 
$22.83
ISK2,782
Bottle of Coca-Cola (11 fl. oz) $2.40
 
$3.25
ISK395

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pay 37.4% more for groceries

 
Utah
Iceland
Bread
1 loaf
$3.41
 
$3.55
ISK433
Local cheese (8 oz) $6.00
 
$10.11
ISK1,232
Milk (1 gallon) $3.42
 
$7.79
ISK949

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pay 44.5% more for transportation

 
Utah
Iceland
Gasoline (1 gallon) $3.93
 
$8.09
ISK985
Monthly public transit pass $84.58
 
$80.58
ISK9,817
New Volkswagen Golf 1.4 (standard edition) $35,036.78
 
$48,967.53
ISK6M

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pay 36.0% more for housing

 
Utah
Iceland
Internet connection
50 mbps or faster, cable/dsl
$69.28
 
$98.24
ISK11,969
1-Bedroom apartment in downtown area $1,414.88
 
$2,335.24
ISK285K
1-Bedroom apartment outside city center $1,168.01
 
$1,824.40
ISK222K

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pay 4.5% more for childcare

 
Utah
Iceland
Private preschool for 1 child, monthly $1,067.65
 
$833.66
ISK102K
Middle school for 1 child, two semesters $19,849.17
 
$27,752.37
ISK3M

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pay 62.9% more for entertainment and sports

 
Utah
Iceland
Domestic/local beer (1 pint) $5.61
 
$11.37
ISK1,386
Cappuccino in mid-range area $4.70
 
$5.90
ISK718
Pack of cigarettes
Marlboro or similar
$9.92
 
$13.85
ISK1,688

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pay 88.9% more for clothing

 
Utah
Iceland
Regular jeans
Levi's brand
$54.35
 
$134.47
ISK16,382
Regular dress
from H&M or similar store
$41.63
 
$63.25
ISK7,705
Running shoes
Nike or Adidas
$98.47
 
$159.03
ISK19,374

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We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated November 2026). How we calculate this

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