Cost of Living Comparison Between Iceland and Ireland 
| Indices Difference |  |
|---|---|
| Cost of Living in Ireland is 29.5% lower than in Iceland (without rent) | |
| Cost of Living Including Rent in Ireland is 23.6% lower than in Iceland | |
| Rent Prices in Ireland are 9.4% lower than in Iceland | |
| Restaurant Prices in Ireland are 31.2% lower than in Iceland | |
| Groceries Prices in Ireland are 37.7% lower than in Iceland | |
| Local Purchasing Power in Ireland is 1.1% lower than in Iceland | |
Restaurants | Iceland Edit |
Ireland Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
3,000.00 kr (21.05 €) |
2,565.18 kr (18.00 €) |
-14.5 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
18,000.00 kr (126.31 €) |
11,400.80 kr (80.00 €) |
-36.7 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
2,500.00 kr (17.54 €) |
1,425.10 kr (10.00 €) |
-43.0 % |
| Domestic Beer (1 pint draught) |
1,500.00 kr (10.53 €) |
855.06 kr (6.00 €) |
-43.0 % |
| Imported Beer (12 oz small bottle) |
1,300.00 kr (9.12 €) |
783.80 kr (5.50 €) |
-39.7 % |
| Cappuccino (regular) |
749.67 kr (5.26 €) |
533.38 kr (3.74 €) |
-28.9 % |
| Coke/Pepsi (12 oz small bottle) |
413.44 kr (2.90 €) |
319.92 kr (2.24 €) |
-22.6 % |
| Water (12 oz small bottle) |
330.56 kr (2.32 €) |
251.41 kr (1.76 €) |
-23.9 % |
Markets | Iceland Edit |
Ireland Edit | |
| Milk (regular), (1 gallon) |
876.70 kr (6.15 €) |
715.97 kr (5.02 €) |
-18.3 % |
| Loaf of Fresh White Bread (1 lb) |
461.85 kr (3.24 €) |
240.42 kr (1.69 €) |
-47.9 % |
| Rice (white), (1 lb) |
197.27 kr (1.38 €) |
105.37 kr (0.74 €) |
-46.6 % |
| Eggs (regular) (12) |
806.59 kr (5.66 €) |
531.29 kr (3.73 €) |
-34.1 % |
| Local Cheese (1 lb) |
1,016.48 kr (7.13 €) |
596.16 kr (4.18 €) |
-41.4 % |
| Chicken Fillets (1 lb) |
1,328.49 kr (9.32 €) |
640.19 kr (4.49 €) |
-51.8 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
2,382.84 kr (16.72 €) |
718.40 kr (5.04 €) |
-69.9 % |
| Apples (1 lb) |
174.20 kr (1.22 €) |
169.35 kr (1.19 €) |
-2.8 % |
| Banana (1 lb) |
139.94 kr (0.98 €) |
120.26 kr (0.84 €) |
-14.1 % |
| Oranges (1 lb) |
164.96 kr (1.16 €) |
166.08 kr (1.17 €) |
+0.7 % |
| Tomato (1 lb) |
294.68 kr (2.07 €) |
241.98 kr (1.70 €) |
-17.9 % |
| Potato (1 lb) |
205.46 kr (1.44 €) |
118.47 kr (0.83 €) |
-42.3 % |
| Onion (1 lb) |
126.38 kr (0.89 €) |
85.56 kr (0.60 €) |
-32.3 % |
| Lettuce (1 head) |
424.75 kr (2.98 €) |
161.97 kr (1.14 €) |
-61.9 % |
| Water (1.5 liter bottle) |
293.00 kr (2.06 €) |
236.92 kr (1.66 €) |
-19.1 % |
| Bottle of Wine (Mid-Range) |
3,000.00 kr (21.05 €) |
1,710.12 kr (12.00 €) |
-43.0 % |
| Domestic Beer (0.5 liter bottle) |
459.45 kr (3.22 €) |
402.98 kr (2.83 €) |
-12.3 % |
| Imported Beer (12 oz small bottle) |
383.18 kr (2.69 €) |
448.05 kr (3.14 €) |
+16.9 % |
| Cigarettes 20 Pack (Marlboro) |
1,725.00 kr (12.10 €) |
2,351.41 kr (16.50 €) |
+36.3 % |
Transportation | Iceland Edit |
Ireland Edit | |
| One-way Ticket (Local Transport) |
640.00 kr (4.49 €) |
285.02 kr (2.00 €) |
-55.5 % |
| Monthly Pass (Regular Price) |
10,400.00 kr (72.98 €) |
14,251.00 kr (100.00 €) |
+37.0 % |
| Taxi Start (Normal Tariff) |
790.00 kr (5.54 €) |
712.55 kr (5.00 €) |
-9.8 % |
| Taxi 1 mile (Normal Tariff) |
521.43 kr (3.66 €) |
458.70 kr (3.22 €) |
-12.0 % |
| Taxi 1hour Waiting (Normal Tariff) |
10,620.00 kr (74.52 €) |
4,531.82 kr (31.80 €) |
-57.3 % |
| Gasoline (1 gallon) |
1,182.00 kr (8.29 €) |
951.62 kr (6.68 €) |
-19.5 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
5,890,000.00 kr (41,330.44 €) |
5,226,552.98 kr (36,675.00 €) |
-11.3 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
6,666,666.67 kr (46,780.35 €) |
4,848,874.06 kr (34,024.81 €) |
-27.3 % |
Utilities (Monthly) | Iceland Edit |
Ireland Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
10,924.64 kr (76.66 €) |
30,476.73 kr (213.86 €) |
+179.0 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
3,427.78 kr (24.05 €) |
2,939.55 kr (20.63 €) |
-14.2 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
10,263.65 kr (72.02 €) |
6,595.75 kr (46.28 €) |
-35.7 % |
Sports And Leisure | Iceland Edit |
Ireland Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
10,002.92 kr (70.19 €) |
6,965.27 kr (48.88 €) |
-30.4 % |
| Tennis Court Rent (1 Hour on Weekend) |
5,271.43 kr (36.99 €) |
2,740.89 kr (19.23 €) |
-48.0 % |
| Cinema, International Release, 1 Seat |
2,190.00 kr (15.37 €) |
1,710.12 kr (12.00 €) |
-21.9 % |
Childcare | Iceland Edit |
Ireland Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
42,475.25 kr (298.05 €) |
148,740.13 kr (1,043.72 €) |
+250.2 % |
| International Primary School, Yearly for 1 Child |
3,744,295.00 kr (26,273.92 €) |
1,062,814.48 kr (7,457.83 €) |
-71.6 % |
Clothing And Shoes | Iceland Edit |
Ireland Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
17,778.42 kr (124.75 €) |
11,674.73 kr (81.92 €) |
-34.3 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
7,831.11 kr (54.95 €) |
5,615.43 kr (39.40 €) |
-28.3 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
22,042.86 kr (154.68 €) |
12,410.26 kr (87.08 €) |
-43.7 % |
| 1 Pair of Men Leather Business Shoes |
31,233.82 kr (219.17 €) |
13,743.83 kr (96.44 €) |
-56.0 % |
Rent Per Month | Iceland Edit |
Ireland Edit | |
| Apartment (1 bedroom) in City Centre |
277,291.67 kr (1,945.77 €) |
233,438.49 kr (1,638.05 €) |
-15.8 % |
| Apartment (1 bedroom) Outside of Centre |
249,310.34 kr (1,749.42 €) |
198,698.30 kr (1,394.28 €) |
-20.3 % |
| Apartment (3 bedrooms) in City Centre |
393,961.54 kr (2,764.45 €) |
388,363.57 kr (2,725.17 €) |
-1.4 % |
| Apartment (3 bedrooms) Outside of Centre |
338,074.07 kr (2,372.28 €) |
320,351.83 kr (2,247.93 €) |
-5.2 % |
Buy Apartment Price | Iceland Edit |
Ireland Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
85,617.11 kr (600.78 €) |
57,202.99 kr (401.40 €) |
-33.2 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
72,524.16 kr (508.91 €) |
46,781.67 kr (328.27 €) |
-35.5 % |
Salaries And Financing | Iceland Edit |
Ireland Edit | |
| Average Monthly Net Salary (After Tax) |
556,090.69 kr (3,902.12 €) |
420,209.24 kr (2,948.63 €) |
-24.4 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 9.72 | 4.47 | -54.0 % |
| Last update: | March 2025 | March 2025 | |
| Contributors in the past 12 months: | 143 | 707 |
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