Cost of living comparison
Iceland is 95.1% more expensive than Japan.
If you lived in Iceland instead of Japan, you would:
pay 2.9 times more for restaurants
|
Japan
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$6.59
¥1,037
|
$19.51
ISK2,713
|
|
|
Fast food combo meal
McDonalds, or similar
|
$4.91
¥774
|
$16.45
ISK2,287
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.01
¥159
|
$2.70
ISK376
|
|
| Bottle of water (11 fl. oz) |
$0.80
¥125
|
$1.95
ISK272
|
|
pay 41.2% more for groceries
|
Japan
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.40
¥221
|
$3.16
ISK439
|
|
| Local cheese (8 oz) |
$5.54
¥872
|
$6.72
ISK934
|
|
| Milk (1 gallon) |
$5.14
¥809
|
$6.27
ISK872
|
|
|
Eggs
1 dozen
|
$1.99
¥313
|
$6.03
ISK838
|
|
| Boneless chicken breast (1 lb) |
$2.58
¥407
|
$7.60
ISK1,057
|
|
| Apples (1 lb) |
$1.93
¥303
|
$1.13
ISK157
|
|
| Bananas (1 lb) |
$1.11
¥174
|
$1.01
ISK140
|
|
| Oranges (1 lb) |
$1.76
¥278
|
$1.15
ISK161
|
|
| Tomatoes (1 lb) |
$1.80
¥284
|
$1.71
ISK238
|
|
| Potatoes (1 lb) |
$1.11
¥175
|
$1.13
ISK157
|
|
| Onions (1 lb) |
$0.90
¥142
|
$0.68
ISK95
|
|
pay 48.7% more for transportation
|
Japan
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.17
¥657
|
$8.42
ISK1,171
|
|
| Monthly public transit pass |
$60.62
¥9,544
|
$68.29
ISK9,496
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$21,439.97
¥3,375,403
|
$39,714.69
ISK5,521,946
|
|
| Taxi trip in downtown area (5 miles) |
$24.44
¥3,847
|
$23.23
ISK3,230
|
|
pay 2.5 times more for housing
|
Japan
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$33.46
¥5,268
|
$74.47
ISK10,355
|
|
| 1-Bedroom apartment in downtown area |
$480.50
¥75,647
|
$1,518.94
ISK211,194
|
|
| 1-Bedroom apartment outside city center |
$321.68
¥50,643
|
$1,325.48
ISK184,295
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$107.01
¥16,847
|
$66.99
ISK9,314
|
|
pay 19.2% less for childcare
|
Japan
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$240.59
¥37,878
|
$254.97
ISK35,451
|
|
| Middle school for 1 child, two semesters |
$10,805.94
¥1,701,233
|
$5,993.83
ISK833,384
|
|
pay 2.1 times more for entertainment and sports
|
Japan
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.60
¥410
|
$9.37
ISK1,303
|
|
| Cappuccino in mid-range area |
$2.74
¥432
|
$4.61
ISK641
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.86
¥608
|
$11.22
ISK1,560
|
|
| Monthly membership at local gym |
$55.52
¥8,741
|
$60.00
ISK8,343
|
|
| Movie ticket to theater/cinema |
$11.57
¥1,821
|
$13.94
ISK1,938
|
|
pay 2.5 times more for clothing
|
Japan
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$38.65
¥6,085
|
$108.23
ISK15,049
|
|
|
Regular dress
from H&M or similar store
|
$25.96
¥4,087
|
$59.73
ISK8,305
|
|
|
Running shoes
Nike or Adidas
|
$52.99
¥8,342
|
$146.94
ISK20,431
|
|
| Men's business shoes (leather) |
$85.48
¥13,457
|
$169.24
ISK23,531
|
|
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