Cost of Living Comparison Between Ireland and Iceland 
| Indices Difference |  |
|---|---|
| Cost of Living in Iceland is 39.6% higher than in Ireland (without rent) | |
| Cost of Living Including Rent in Iceland is 29.7% higher than in Ireland | |
| Rent Prices in Iceland are 10.7% higher than in Ireland | |
| Restaurant Prices in Iceland are 43.8% higher than in Ireland | |
| Groceries Prices in Iceland are 57.4% higher than in Ireland | |
| Local Purchasing Power in Iceland is 0.5% higher than in Ireland | |
Restaurants | Ireland Edit |
Iceland Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
18.00 € (2,586.47 kr) |
21.57 € (3,100.00 kr) |
+19.9 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
80.00 € (11,495.41 kr) |
121.79 € (17,500.00 kr) |
+52.2 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
10.00 € (1,436.93 kr) |
17.40 € (2,500.00 kr) |
+74.0 % |
| Domestic Beer (1 pint draught) |
6.00 € (862.16 kr) |
10.44 € (1,500.00 kr) |
+74.0 % |
| Imported Beer (12 oz small bottle) |
5.50 € (790.31 kr) |
9.05 € (1,300.00 kr) |
+64.5 % |
| Cappuccino (regular) |
3.75 € (539.52 kr) |
5.23 € (751.77 kr) |
+39.3 % |
| Coke/Pepsi (12 oz small bottle) |
2.25 € (323.22 kr) |
2.85 € (410.02 kr) |
+26.9 % |
| Water (12 oz small bottle) |
1.79 € (257.23 kr) |
2.29 € (328.41 kr) |
+27.7 % |
Markets | Ireland Edit |
Iceland Edit | |
| Milk (regular), (1 gallon) |
5.05 € (725.50 kr) |
6.10 € (876.70 kr) |
+20.8 % |
| Loaf of Fresh White Bread (1 lb) |
1.69 € (243.04 kr) |
3.17 € (456.11 kr) |
+87.7 % |
| Rice (white), (1 lb) |
0.75 € (107.37 kr) |
1.38 € (198.51 kr) |
+84.9 % |
| Eggs (regular) (12) |
3.75 € (539.36 kr) |
5.65 € (811.62 kr) |
+50.5 % |
| Local Cheese (1 lb) |
4.23 € (607.21 kr) |
7.17 € (1,029.73 kr) |
+69.6 % |
| Chicken Fillets (1 lb) |
4.51 € (647.92 kr) |
9.40 € (1,350.40 kr) |
+108.4 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
5.06 € (727.53 kr) |
16.19 € (2,326.81 kr) |
+219.8 % |
| Apples (1 lb) |
1.21 € (173.18 kr) |
1.22 € (175.18 kr) |
+1.2 % |
| Banana (1 lb) |
0.84 € (121.34 kr) |
0.97 € (139.94 kr) |
+15.3 % |
| Oranges (1 lb) |
1.17 € (168.20 kr) |
1.14 € (163.99 kr) |
-2.5 % |
| Tomato (1 lb) |
1.70 € (244.10 kr) |
2.00 € (286.79 kr) |
+17.5 % |
| Potato (1 lb) |
0.84 € (121.26 kr) |
1.41 € (203.14 kr) |
+67.5 % |
| Onion (1 lb) |
0.60 € (86.66 kr) |
0.88 € (126.48 kr) |
+46.0 % |
| Lettuce (1 head) |
1.14 € (163.32 kr) |
2.80 € (402.25 kr) |
+146.3 % |
| Water (1.5 liter bottle) |
1.69 € (242.13 kr) |
1.96 € (281.18 kr) |
+16.1 % |
| Bottle of Wine (Mid-Range) |
12.00 € (1,724.31 kr) |
20.88 € (3,000.00 kr) |
+74.0 % |
| Domestic Beer (0.5 liter bottle) |
2.85 € (409.52 kr) |
3.22 € (462.58 kr) |
+13.0 % |
| Imported Beer (12 oz small bottle) |
3.16 € (454.33 kr) |
2.71 € (389.06 kr) |
-14.4 % |
| Cigarettes 20 Pack (Marlboro) |
16.50 € (2,370.93 kr) |
12.00 € (1,725.00 kr) |
-27.2 % |
Transportation | Ireland Edit |
Iceland Edit | |
| One-way Ticket (Local Transport) |
2.00 € (287.39 kr) |
4.52 € (650.00 kr) |
+126.2 % |
| Monthly Pass (Regular Price) |
100.00 € (14,369.26 kr) |
72.38 € (10,400.00 kr) |
-27.6 % |
| Taxi Start (Normal Tariff) |
5.00 € (718.46 kr) |
5.50 € (790.00 kr) |
+10.0 % |
| Taxi 1 mile (Normal Tariff) |
3.22 € (462.50 kr) |
3.63 € (521.43 kr) |
+12.7 % |
| Taxi 1hour Waiting (Normal Tariff) |
31.80 € (4,569.43 kr) |
73.91 € (10,620.00 kr) |
+132.4 % |
| Gasoline (1 gallon) |
6.67 € (958.15 kr) |
8.23 € (1,182.00 kr) |
+23.4 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
36,675.00 € (5,269,927.72 kr) |
40,990.27 € (5,890,000.00 kr) |
+11.8 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
34,024.81 € (4,889,114.48 kr) |
46,395.32 € (6,666,666.67 kr) |
+36.4 % |
Utilities (Monthly) | Ireland Edit |
Iceland Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
213.86 € (30,729.66 kr) |
76.03 € (10,924.64 kr) |
-64.4 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
20.47 € (2,941.26 kr) |
23.85 € (3,427.78 kr) |
+16.5 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
46.27 € (6,648.52 kr) |
71.44 € (10,265.73 kr) |
+54.4 % |
Sports And Leisure | Ireland Edit |
Iceland Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
48.94 € (7,032.06 kr) |
70.07 € (10,068.26 kr) |
+43.2 % |
| Tennis Court Rent (1 Hour on Weekend) |
19.23 € (2,763.64 kr) |
33.52 € (4,816.67 kr) |
+74.3 % |
| Cinema, International Release, 1 Seat |
12.00 € (1,724.31 kr) |
15.24 € (2,190.00 kr) |
+27.0 % |
Childcare | Ireland Edit |
Iceland Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
1,044.43 € (150,077.49 kr) |
295.60 € (42,475.25 kr) |
-71.7 % |
| International Primary School, Yearly for 1 Child |
7,832.86 € (1,125,523.95 kr) |
26,057.67 € (3,744,295.00 kr) |
+232.7 % |
Clothing And Shoes | Ireland Edit |
Iceland Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
81.85 € (11,761.01 kr) |
120.79 € (17,356.84 kr) |
+47.6 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
39.50 € (5,675.15 kr) |
51.75 € (7,436.25 kr) |
+31.0 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
87.59 € (12,586.64 kr) |
152.37 € (21,895.00 kr) |
+74.0 % |
| 1 Pair of Men Leather Business Shoes |
96.44 € (13,857.89 kr) |
206.59 € (29,685.94 kr) |
+114.2 % |
Rent Per Month | Ireland Edit |
Iceland Edit | |
| Apartment (1 bedroom) in City Centre |
1,620.39 € (232,838.80 kr) |
1,929.76 € (277,291.67 kr) |
+19.1 % |
| Apartment (1 bedroom) Outside of Centre |
1,381.45 € (198,503.52 kr) |
1,735.03 € (249,310.34 kr) |
+25.6 % |
| Apartment (3 bedrooms) in City Centre |
2,682.17 € (385,407.79 kr) |
2,741.70 € (393,961.54 kr) |
+2.2 % |
| Apartment (3 bedrooms) Outside of Centre |
2,228.76 € (320,255.92 kr) |
2,352.76 € (338,074.07 kr) |
+5.6 % |
Buy Apartment Price | Ireland Edit |
Iceland Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
401.40 € (57,677.71 kr) |
595.84 € (85,617.11 kr) |
+48.4 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
328.27 € (47,169.91 kr) |
507.32 € (72,898.79 kr) |
+54.5 % |
Salaries And Financing | Ireland Edit |
Iceland Edit | |
| Average Monthly Net Salary (After Tax) |
2,943.73 € (422,993.03 kr) |
3,838.03 € (551,496.87 kr) |
+30.4 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.47 | 9.76 | +118.5 % |
| Last update: | March 2025 | March 2025 | |
| Contributors in the past 12 months: | 691 | 143 |
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