Cost of Living Comparison Between United States and Iceland Reverse

For major cities in those countries you get more relevant data by specifying cities.
City in United States:
City in Iceland:
Indices DifferenceInfo
Cost of Living in Iceland is 25.3% higher than in United States (without rent)
Cost of Living Including Rent in Iceland is 17.4% higher than in United States
Rent Prices in Iceland are 1.6% higher than in United States
Restaurant Prices in Iceland are 33.0% higher than in United States
Groceries Prices in Iceland are 23.8% higher than in United States
Local Purchasing Power in Iceland is 17.8% lower than in United States
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
United States Edit Iceland Edit Difference
Meal, Inexpensive Restaurant 20.00 $
(2,743.00 kr)
21.87 $
(3,000.00 kr)
     +9.4 %
Meal for 2 People, Mid-range Restaurant, Three-course 75.00 $
(10,286.25 kr)
120.00 $
(16,458.00 kr)
     +60.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 11.00 $
(1,508.65 kr)
18.19 $
(2,495.00 kr)
     +65.4 %
Domestic Beer (1 pint draught) 6.00 $
(822.90 kr)
10.57 $
(1,450.00 kr)
     +76.2 %
Imported Beer (12 oz small bottle) 7.00 $
(960.05 kr)
8.75 $
(1,200.00 kr)
     +25.0 %
Cappuccino (regular) 5.18 $
(710.05 kr)
5.17 $
(708.47 kr)
     -0.2 %
Coke/Pepsi (12 oz small bottle) 2.54 $
(348.28 kr)
3.00 $
(411.92 kr)
     +18.3 %
Water (12 oz small bottle) 2.07 $
(283.58 kr)
2.21 $
(303.51 kr)
     +7.0 %
Markets
United States Edit Iceland Edit
Milk (regular), (1 gallon) 4.00 $
(548.79 kr)
6.35 $
(870.59 kr)
     +58.6 %
Loaf of Fresh White Bread (1 lb) 3.27 $
(448.66 kr)
3.18 $
(435.71 kr)
     -2.9 %
Rice (white), (1 lb) 2.08 $
(285.50 kr)
1.40 $
(192.22 kr)
     -32.7 %
Eggs (regular) (12) 3.76 $
(515.01 kr)
5.81 $
(796.63 kr)
     +54.7 %
Local Cheese (1 lb) 5.87 $
(805.26 kr)
7.03 $
(964.23 kr)
     +19.7 %
Chicken Fillets (1 lb) 5.45 $
(747.83 kr)
9.10 $
(1,248.62 kr)
     +67.0 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.28 $
(998.10 kr)
15.67 $
(2,148.62 kr)
     +115.3 %
Apples (1 lb) 2.39 $
(327.52 kr)
1.35 $
(184.99 kr)
     -43.5 %
Banana (1 lb) 0.76 $
(104.33 kr)
1.03 $
(140.99 kr)
     +35.1 %
Oranges (1 lb) 2.04 $
(279.34 kr)
1.21 $
(166.33 kr)
     -40.5 %
Tomato (1 lb) 2.23 $
(305.83 kr)
2.11 $
(288.94 kr)
     -5.5 %
Potato (1 lb) 1.34 $
(184.27 kr)
1.46 $
(199.98 kr)
     +8.5 %
Onion (1 lb) 1.40 $
(191.36 kr)
0.87 $
(118.75 kr)
     -37.9 %
Lettuce (1 head) 2.19 $
(299.96 kr)
3.09 $
(423.18 kr)
     +41.1 %
Water (1.5 liter bottle) 2.21 $
(303.20 kr)
2.12 $
(290.31 kr)
     -4.3 %
Bottle of Wine (Mid-Range) 15.00 $
(2,057.25 kr)
21.87 $
(3,000.00 kr)
     +45.8 %
Domestic Beer (0.5 liter bottle) 1.89 $
(259.50 kr)
3.25 $
(445.32 kr)
     +71.6 %
Imported Beer (12 oz small bottle) 3.54 $
(485.93 kr)
2.74 $
(376.38 kr)
     -22.5 %
Cigarettes 20 Pack (Marlboro) 10.00 $
(1,371.50 kr)
12.24 $
(1,679.00 kr)
     +22.4 %
Transportation
United States Edit Iceland Edit
One-way Ticket (Local Transport) 2.50 $
(342.88 kr)
4.59 $
(630.00 kr)
     +83.7 %
Monthly Pass (Regular Price) 65.00 $
(8,914.75 kr)
75.83 $
(10,400.00 kr)
     +16.7 %
Taxi Start (Normal Tariff) 3.75 $
(514.31 kr)
5.50 $
(755.00 kr)
     +46.8 %
Taxi 1 mile (Normal Tariff) 2.80 $
(384.02 kr)
3.80 $
(521.43 kr)
     +35.8 %
Taxi 1hour Waiting (Normal Tariff) 30.00 $
(4,114.50 kr)
77.43 $
(10,620.00 kr)
     +158.1 %
Gasoline (1 gallon) 3.60 $
(494.13 kr)
8.57 $
(1,175.31 kr)
     +137.9 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,680.68 $
(4,619,305.80 kr)
42,216.55 $
(5,790,000.00 kr)
     +25.3 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 26,180.53 $
(3,590,659.73 kr)
45,513.02 $
(6,242,111.11 kr)
     +73.8 %
Utilities (Monthly)
United States Edit Iceland Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 207.08 $
(28,401.60 kr)
89.72 $
(12,305.24 kr)
     -56.7 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 55.80 $
(7,653.25 kr)
25.34 $
(3,475.00 kr)
     -54.6 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 71.08 $
(9,748.59 kr)
70.18 $
(9,625.31 kr)
     -1.3 %
Sports And Leisure
United States Edit Iceland Edit
Fitness Club, Monthly Fee for 1 Adult 46.68 $
(6,402.17 kr)
69.64 $
(9,550.97 kr)
     +49.2 %
Tennis Court Rent (1 Hour on Weekend) 20.98 $
(2,877.97 kr)
34.14 $
(4,681.67 kr)
     +62.7 %
Cinema, International Release, 1 Seat 14.00 $
(1,920.10 kr)
14.91 $
(2,045.00 kr)
     +6.5 %
Childcare
United States Edit Iceland Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,381.42 $
(189,461.68 kr)
277.46 $
(38,053.75 kr)
     -79.9 %
International Primary School, Yearly for 1 Child 22,726.61 $
(3,116,955.14 kr)
5,659.86 $
(776,250.00 kr)
     -75.1 %
Clothing And Shoes
United States Edit Iceland Edit
1 Pair of Jeans (Levis 501 Or Similar) 52.31 $
(7,174.19 kr)
118.76 $
(16,287.33 kr)
     +127.0 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 42.80 $
(5,870.67 kr)
57.55 $
(7,892.50 kr)
     +34.4 %
1 Pair of Nike Running Shoes (Mid-Range) 89.26 $
(12,242.27 kr)
157.11 $
(21,548.10 kr)
     +76.0 %
1 Pair of Men Leather Business Shoes 114.09 $
(15,648.12 kr)
198.84 $
(27,271.36 kr)
     +74.3 %
Rent Per Month
United States Edit Iceland Edit
Apartment (1 bedroom) in City Centre 1,762.94 $
(241,786.61 kr)
1,912.61 $
(262,314.29 kr)
     +8.5 %
Apartment (1 bedroom) Outside of Centre 1,453.35 $
(199,326.44 kr)
1,695.75 $
(232,571.43 kr)
     +16.7 %
Apartment (3 bedrooms) in City Centre 2,953.69 $
(405,098.97 kr)
2,715.01 $
(372,363.64 kr)
     -8.1 %
Apartment (3 bedrooms) Outside of Centre 2,409.72 $
(330,493.68 kr)
2,390.04 $
(327,794.12 kr)
     -0.8 %
Buy Apartment Price
United States Edit Iceland Edit
Price per Square Feet to Buy Apartment in City Centre 333.75 $
(45,774.03 kr)
566.35 $
(77,674.37 kr)
     +69.7 %
Price per Square Feet to Buy Apartment Outside of Centre 262.39 $
(35,987.14 kr)
463.60 $
(63,582.45 kr)
     +76.7 %
Salaries And Financing
United States Edit Iceland Edit
Average Monthly Net Salary (After Tax) 4,429.49 $
(607,504.44 kr)
4,273.74 $
(586,143.93 kr)
     -3.5 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.57 8.16      +24.4 %
Last update: November 2024November 2024
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