Cost of living
Germany compared to Iceland
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Overview comparison
GermanyIceland
Consumer prices in Iceland are roughly 10% higher than in Germany.
Cost of living
| Item | Germany | Iceland |
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| Total with rent one person | 1,566 | 2,964 |
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| Total with rent family | 3,780 | 4,846 |
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| Without rent one person | 646 | 959 |
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| Without rent one family | 2,047 | 2,730 |
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| Rent & Utilities person | 699.95 | 1,597.82 |
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| Rent & Utilities family | 1,950.6 | 2,046.76 |
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| Food person | 596 | 870 |
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| Food family | 1,413 | 2,184 |
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| Transport person | 131.33 | 77.85 |
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| Transport family | 335.17 | 222.83 |
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| Life expectancy | 80.79 years | 82.81 years |
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Eating Out
| Item | Germany | Iceland |
|---|
| Lunch Menu | 12.65 | 17.65 |
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| Dinner in a Restaurant, for 2 | 73.61 | 129.25 |
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| Fast food meal, equiv. McDonald's | 11.7 | 18.5 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 4.47 | 12.12 |
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| Cappuccino | 3.86 | 4.5 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 3.22 | 3.66 |
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Rent & Utilities
| Item | Germany | Iceland |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 719.12 | 1,800.05 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 662.04 | 1,312.55 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 1,705.26 | 2,314.52 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 1,226.64 | 2,843.64 |
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| Utility Bill one person, electricity, heating, water, etc. | 157.65 | 44.71 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 265.03 | 67.33 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 47.76 | 76.76 |
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Transportation
| Item | Germany | Iceland |
|---|
| Local transport ticket | 3.53 | 7.78 |
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| Gas / Petrol, 1 L or 0.26 gal | 3.28 | 5.47 |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 20.51 | 22.8 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 1.74 | 2.33 |
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Groceries
| Item | Germany | Iceland |
|---|
| Milk, 1 L or 1 qt | 1.11 | 1.83 |
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| Bread, 0.5 kg or 1.1 lb | 2.47 | 3.36 |
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| Eggs, x12 | 3.01 | 6.58 |
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| Cheese, 1 kg or 2.2 lb | 13.24 | 14.12 |
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| Chicken Breast, 1 kg or 2.2 lb | 12.82 | 15.81 |
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| Round Steak, 1 kg or 2.2 lb | 19.88 | 40.5 |
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| Banana, 1 kg or 2.2 lb | 1.83 | 2.45 |
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| Water, 1 L or 1 qt | 0.68 | 1.36 |
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Other
| Item | Germany | Iceland |
|---|
| Gym Membership, 1 month | 32 | 76.37 |
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| Cinema Ticket, 1 person | 14.49 | 16.72 |
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| Doctors visit | 60.07 | 93.82 |
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| Haircut, simple | 15.77 | 51.01 |
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| Brand Jeans | 99.19 | 119.07 |
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| Brand Sneakers | 102.94 | 169.8 |
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| Daycare or Preschool, 1 month | 550 | 220.27 |
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| International Primary School, 1 year | 11,504 | 6,414 |
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