Cost of Living Comparison Between India and Iceland 
| Indices Difference |  |
|---|---|
| Cost of Living in Iceland is 357.0% higher than in India (without rent) | |
| Cost of Living Including Rent in Iceland is 437.2% higher than in India | |
| Rent Prices in Iceland are 837.3% higher than in India | |
| Restaurant Prices in Iceland are 504.5% higher than in India | |
| Groceries Prices in Iceland are 332.1% higher than in India | |
| Local Purchasing Power in Iceland is 41.9% higher than in India | |
Restaurants | India Edit |
Iceland Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
250.00 ₹ (384.67 kr) |
1,949.73 ₹ (3,000.00 kr) |
+679.9 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
1,200.00 ₹ (1,846.41 kr) |
11,698.36 ₹ (18,000.00 kr) |
+874.9 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
350.00 ₹ (538.54 kr) |
1,624.77 ₹ (2,500.00 kr) |
+364.2 % |
| Domestic Beer (1 pint draught) |
170.00 ₹ (261.58 kr) |
974.86 ₹ (1,500.00 kr) |
+473.4 % |
| Imported Beer (12 oz small bottle) |
300.00 ₹ (461.60 kr) |
844.88 ₹ (1,300.00 kr) |
+181.6 % |
| Cappuccino (regular) |
160.44 ₹ (246.86 kr) |
487.21 ₹ (749.67 kr) |
+203.7 % |
| Coke/Pepsi (12 oz small bottle) |
36.98 ₹ (56.90 kr) |
268.70 ₹ (413.44 kr) |
+626.6 % |
| Water (12 oz small bottle) |
14.63 ₹ (22.51 kr) |
214.83 ₹ (330.56 kr) |
+1,368.5 % |
Markets | India Edit |
Iceland Edit | |
| Milk (regular), (1 gallon) |
227.84 ₹ (350.58 kr) |
569.78 ₹ (876.70 kr) |
+150.1 % |
| Loaf of Fresh White Bread (1 lb) |
38.80 ₹ (59.70 kr) |
300.16 ₹ (461.85 kr) |
+673.6 % |
| Rice (white), (1 lb) |
27.61 ₹ (42.49 kr) |
128.21 ₹ (197.27 kr) |
+364.3 % |
| Eggs (regular) (12) |
83.13 ₹ (127.91 kr) |
524.21 ₹ (806.59 kr) |
+530.6 % |
| Local Cheese (1 lb) |
206.58 ₹ (317.86 kr) |
660.62 ₹ (1,016.48 kr) |
+219.8 % |
| Chicken Fillets (1 lb) |
123.01 ₹ (189.27 kr) |
863.40 ₹ (1,328.49 kr) |
+601.9 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
223.15 ₹ (343.35 kr) |
1,548.63 ₹ (2,382.84 kr) |
+594.0 % |
| Apples (1 lb) |
82.78 ₹ (127.38 kr) |
113.21 ₹ (174.20 kr) |
+36.8 % |
| Banana (1 lb) |
28.43 ₹ (43.74 kr) |
90.95 ₹ (139.94 kr) |
+219.9 % |
| Oranges (1 lb) |
41.69 ₹ (64.14 kr) |
107.21 ₹ (164.96 kr) |
+157.2 % |
| Tomato (1 lb) |
22.14 ₹ (34.06 kr) |
191.52 ₹ (294.68 kr) |
+765.2 % |
| Potato (1 lb) |
16.34 ₹ (25.15 kr) |
133.53 ₹ (205.46 kr) |
+717.0 % |
| Onion (1 lb) |
18.78 ₹ (28.90 kr) |
82.14 ₹ (126.38 kr) |
+337.3 % |
| Lettuce (1 head) |
45.68 ₹ (70.29 kr) |
276.05 ₹ (424.75 kr) |
+504.3 % |
| Water (1.5 liter bottle) |
28.98 ₹ (44.60 kr) |
190.43 ₹ (293.00 kr) |
+557.0 % |
| Bottle of Wine (Mid-Range) |
700.00 ₹ (1,077.07 kr) |
1,949.73 ₹ (3,000.00 kr) |
+178.5 % |
| Domestic Beer (0.5 liter bottle) |
160.05 ₹ (246.27 kr) |
298.60 ₹ (459.45 kr) |
+86.6 % |
| Imported Beer (12 oz small bottle) |
254.42 ₹ (391.47 kr) |
249.03 ₹ (383.18 kr) |
-2.1 % |
| Cigarettes 20 Pack (Marlboro) |
350.00 ₹ (538.54 kr) |
1,121.09 ₹ (1,725.00 kr) |
+220.3 % |
Transportation | India Edit |
Iceland Edit | |
| One-way Ticket (Local Transport) |
30.00 ₹ (46.16 kr) |
415.94 ₹ (640.00 kr) |
+1,286.5 % |
| Monthly Pass (Regular Price) |
900.00 ₹ (1,384.81 kr) |
6,759.05 ₹ (10,400.00 kr) |
+651.0 % |
| Taxi Start (Normal Tariff) |
80.00 ₹ (123.09 kr) |
513.43 ₹ (790.00 kr) |
+541.8 % |
| Taxi 1 mile (Normal Tariff) |
40.23 ₹ (61.91 kr) |
338.88 ₹ (521.43 kr) |
+742.3 % |
| Taxi 1hour Waiting (Normal Tariff) |
150.00 ₹ (230.80 kr) |
6,902.03 ₹ (10,620.00 kr) |
+4,501.4 % |
| Gasoline (1 gallon) |
390.28 ₹ (600.51 kr) |
768.19 ₹ (1,182.00 kr) |
+96.8 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
1,200,000.00 ₹ (1,846,412.94 kr) |
3,827,962.77 ₹ (5,890,000.00 kr) |
+219.0 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
1,949,264.50 ₹ (2,999,289.33 kr) |
4,332,725.26 ₹ (6,666,666.67 kr) |
+122.3 % |
Utilities (Monthly) | India Edit |
Iceland Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
3,505.53 ₹ (5,393.88 kr) |
7,100.02 ₹ (10,924.64 kr) |
+102.5 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
326.83 ₹ (502.88 kr) |
2,227.74 ₹ (3,427.78 kr) |
+581.6 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
691.80 ₹ (1,064.45 kr) |
6,670.43 ₹ (10,263.65 kr) |
+864.2 % |
Sports And Leisure | India Edit |
Iceland Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
1,389.16 ₹ (2,137.46 kr) |
6,500.98 ₹ (10,002.92 kr) |
+368.0 % |
| Tennis Court Rent (1 Hour on Weekend) |
649.88 ₹ (999.96 kr) |
3,425.95 ₹ (5,271.43 kr) |
+427.2 % |
| Cinema, International Release, 1 Seat |
300.00 ₹ (461.60 kr) |
1,423.30 ₹ (2,190.00 kr) |
+374.4 % |
Childcare | India Edit |
Iceland Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
6,060.12 ₹ (9,324.58 kr) |
27,605.04 ₹ (42,475.25 kr) |
+355.5 % |
| International Primary School, Yearly for 1 Child |
156,779.94 ₹ (241,233.75 kr) |
2,433,450.23 ₹ (3,744,295.00 kr) |
+1,452.1 % |
Clothing And Shoes | India Edit |
Iceland Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
2,226.03 ₹ (3,425.14 kr) |
11,554.35 ₹ (17,778.42 kr) |
+419.1 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
2,288.45 ₹ (3,521.19 kr) |
5,089.51 ₹ (7,831.11 kr) |
+122.4 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
3,954.41 ₹ (6,084.57 kr) |
14,325.85 ₹ (22,042.86 kr) |
+262.3 % |
| 1 Pair of Men Leather Business Shoes |
2,874.61 ₹ (4,423.10 kr) |
20,299.14 ₹ (31,233.82 kr) |
+606.2 % |
Rent Per Month | India Edit |
Iceland Edit | |
| Apartment (1 bedroom) in City Centre |
16,191.74 ₹ (24,913.87 kr) |
180,214.29 ₹ (277,291.67 kr) |
+1,013.0 % |
| Apartment (1 bedroom) Outside of Centre |
10,126.31 ₹ (15,581.13 kr) |
162,028.98 ₹ (249,310.34 kr) |
+1,500.1 % |
| Apartment (3 bedrooms) in City Centre |
37,744.02 ₹ (58,075.87 kr) |
256,039.07 ₹ (393,961.54 kr) |
+578.4 % |
| Apartment (3 bedrooms) Outside of Centre |
23,208.14 ₹ (35,709.84 kr) |
219,717.31 ₹ (338,074.07 kr) |
+846.7 % |
Buy Apartment Price | India Edit |
Iceland Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
12,960.16 ₹ (19,941.50 kr) |
55,643.32 ₹ (85,617.11 kr) |
+329.3 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
6,983.93 ₹ (10,746.02 kr) |
47,134.09 ₹ (72,524.16 kr) |
+574.9 % |
Salaries And Financing | India Edit |
Iceland Edit | |
| Average Monthly Net Salary (After Tax) |
47,418.96 ₹ (72,962.48 kr) |
361,408.23 ₹ (556,090.69 kr) |
+662.2 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 8.97 | 9.72 | +8.3 % |
| Last update: | March 2025 | March 2025 | |
| Contributors in the past 12 months: | 4235 | 143 |
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