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 35.9% higher than in United States (without rent)
Cost of Living Including Rent in Iceland is 28.0% higher than in United States
Rent Prices in Iceland are 12.1% higher than in United States
Restaurant Prices in Iceland are 44.0% higher than in United States
Groceries Prices in Iceland are 33.3% higher than in United States
Local Purchasing Power in Iceland is 24.3% 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 $
(2,645.40 kr)		 22.68 $
(3,000.00 kr)		      +13.4 %
Meal for 2 People, Mid-range Restaurant, Three-course 75.00 $
(9,920.25 kr)		 136.09 $
(18,000.00 kr)		      +81.4 %
McMeal at McDonalds (or Equivalent Combo Meal) 11.00 $
(1,454.97 kr)		 18.90 $
(2,500.00 kr)		      +71.8 %
Domestic Beer (1 pint draught) 6.00 $
(793.62 kr)		 11.34 $
(1,500.00 kr)		      +89.0 %
Imported Beer (12 oz small bottle) 7.00 $
(925.89 kr)		 9.83 $
(1,300.00 kr)		      +40.4 %
Cappuccino (regular) 5.22 $
(690.44 kr)		 5.67 $
(749.97 kr)		      +8.6 %
Coke/Pepsi (12 oz small bottle) 2.55 $
(337.65 kr)		 3.15 $
(417.07 kr)		      +23.5 %
Water (12 oz small bottle) 2.08 $
(275.09 kr)		 2.50 $
(330.75 kr)		      +20.2 %
Markets
 United States Edit Iceland Edit
Milk (regular), (1 gallon) 4.00 $
(528.83 kr)		 6.63 $
(876.70 kr)		      +65.8 %
Loaf of Fresh White Bread (1 lb) 3.29 $
(435.40 kr)		 3.49 $
(461.85 kr)		      +6.1 %
Rice (white), (1 lb) 2.08 $
(275.39 kr)		 1.49 $
(197.27 kr)		      -28.4 %
Eggs (regular) (12) 4.15 $
(549.11 kr)		 6.10 $
(806.59 kr)		      +46.9 %
Local Cheese (1 lb) 5.87 $
(777.01 kr)		 7.68 $
(1,016.48 kr)		      +30.8 %
Chicken Fillets (1 lb) 5.51 $
(728.87 kr)		 10.04 $
(1,328.49 kr)		      +82.3 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.36 $
(973.14 kr)		 18.01 $
(2,382.84 kr)		      +144.9 %
Apples (1 lb) 2.39 $
(316.25 kr)		 1.32 $
(174.20 kr)		      -44.9 %
Banana (1 lb) 0.76 $
(100.54 kr)		 1.06 $
(139.94 kr)		      +39.2 %
Oranges (1 lb) 2.04 $
(269.23 kr)		 1.25 $
(164.96 kr)		      -38.7 %
Tomato (1 lb) 2.22 $
(294.28 kr)		 2.23 $
(294.68 kr)		      +0.1 %
Potato (1 lb) 1.33 $
(175.48 kr)		 1.55 $
(205.46 kr)		      +17.1 %
Onion (1 lb) 1.39 $
(184.37 kr)		 0.96 $
(126.43 kr)		      -31.4 %
Lettuce (1 head) 2.20 $
(291.43 kr)		 3.21 $
(424.75 kr)		      +45.7 %
Water (1.5 liter bottle) 2.22 $
(294.04 kr)		 2.22 $
(293.11 kr)		      -0.3 %
Bottle of Wine (Mid-Range) 15.00 $
(1,984.05 kr)		 22.68 $
(3,000.00 kr)		      +51.2 %
Domestic Beer (0.5 liter bottle) 1.94 $
(256.80 kr)		 3.47 $
(459.45 kr)		      +78.9 %
Imported Beer (12 oz small bottle) 3.59 $
(474.45 kr)		 2.90 $
(383.18 kr)		      -19.2 %
Cigarettes 20 Pack (Marlboro) 10.00 $
(1,322.70 kr)		 13.04 $
(1,725.00 kr)		      +30.4 %
Transportation
 United States Edit Iceland Edit
One-way Ticket (Local Transport) 2.50 $
(330.68 kr)		 4.84 $
(640.00 kr)		      +93.5 %
Monthly Pass (Regular Price) 65.00 $
(8,597.55 kr)		 78.63 $
(10,400.00 kr)		      +21.0 %
Taxi Start (Normal Tariff) 3.75 $
(496.01 kr)		 5.97 $
(790.00 kr)		      +59.3 %
Taxi 1 mile (Normal Tariff) 2.80 $
(370.36 kr)		 3.94 $
(521.43 kr)		      +40.8 %
Taxi 1hour Waiting (Normal Tariff) 30.00 $
(3,968.10 kr)		 80.29 $
(10,620.00 kr)		      +167.6 %
Gasoline (1 gallon) 3.51 $
(464.82 kr)		 8.94 $
(1,182.00 kr)		      +154.3 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 30,000.00 $
(3,968,100.00 kr)		 44,530.13 $
(5,890,000.00 kr)		      +48.4 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 25,958.56 $
(3,433,539.11 kr)		 50,401.96 $
(6,666,666.67 kr)		      +94.2 %
Utilities (Monthly)
 United States Edit Iceland Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 207.87 $
(27,494.55 kr)		 82.59 $
(10,924.64 kr)		      -60.3 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 57.18 $
(7,562.66 kr)		 25.92 $
(3,427.78 kr)		      -54.7 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 71.47 $
(9,453.67 kr)		 77.58 $
(10,261.61 kr)		      +8.5 %
Sports And Leisure
 United States Edit Iceland Edit
Fitness Club, Monthly Fee for 1 Adult 46.51 $
(6,152.13 kr)		 75.62 $
(10,002.92 kr)		      +62.6 %
Tennis Court Rent (1 Hour on Weekend) 21.86 $
(2,891.13 kr)		 39.85 $
(5,271.43 kr)		      +82.3 %
Cinema, International Release, 1 Seat 14.00 $
(1,851.78 kr)		 16.56 $
(2,190.00 kr)		      +18.3 %
Childcare
 United States Edit Iceland Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,375.34 $
(181,916.35 kr)		 321.13 $
(42,475.25 kr)		      -76.7 %
International Primary School, Yearly for 1 Child 22,628.80 $
(2,993,111.13 kr)		 28,307.97 $
(3,744,295.00 kr)		      +25.1 %
Clothing And Shoes
 United States Edit Iceland Edit
1 Pair of Jeans (Levis 501 Or Similar) 52.02 $
(6,880.87 kr)		 134.41 $
(17,778.42 kr)		      +158.4 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 42.62 $
(5,636.95 kr)		 59.21 $
(7,831.11 kr)		      +38.9 %
1 Pair of Nike Running Shoes (Mid-Range) 89.42 $
(11,827.49 kr)		 166.65 $
(22,042.86 kr)		      +86.4 %
1 Pair of Men Leather Business Shoes 113.18 $
(14,969.88 kr)		 236.14 $
(31,233.82 kr)		      +108.6 %
Rent Per Month
 United States Edit Iceland Edit
Apartment (1 bedroom) in City Centre 1,743.85 $
(230,658.61 kr)		 2,096.41 $
(277,291.67 kr)		      +20.2 %
Apartment (1 bedroom) Outside of Centre 1,437.82 $
(190,180.85 kr)		 1,884.86 $
(249,310.34 kr)		      +31.1 %
Apartment (3 bedrooms) in City Centre 2,909.41 $
(384,828.28 kr)		 2,978.46 $
(393,961.54 kr)		      +2.4 %
Apartment (3 bedrooms) Outside of Centre 2,398.60 $
(317,262.53 kr)		 2,555.94 $
(338,074.07 kr)		      +6.6 %
Buy Apartment Price
 United States Edit Iceland Edit
Price per Square Feet to Buy Apartment in City Centre 300.24 $
(39,713.07 kr)		 647.29 $
(85,617.11 kr)		      +115.6 %
Price per Square Feet to Buy Apartment Outside of Centre 251.42 $
(33,255.69 kr)		 548.30 $
(72,524.16 kr)		      +118.1 %
Salaries And Financing
 United States Edit Iceland Edit
Average Monthly Net Salary (After Tax) 4,338.68 $
(573,877.46 kr)		 4,205.35 $
(556,241.80 kr)		      -3.1 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.57 9.72      +47.8 %
Last update: March 2025March 2025
Contributors in the past 12 months:10354142
Moving to United States? Explore:
Moving to Iceland? Explore:

Other comparisons United States vs Iceland:

  
About In the News Newsletter API

Copyright © 2009-2025 Numbeo. Your use of this service is subject to our Terms of Use and Privacy Policy