Cost of living
Luxembourg compared to Iceland
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Overview comparison
LuxembourgIceland
Consumer prices in Luxembourg are roughly 25% higher than in Iceland.
Cost of living
| Item | Luxembourg | Iceland |
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| Total with rent one person | 1,974 | 2,964 |
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| Total with rent family | 4,552 | 4,846 |
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| Without rent one person | 998 | 959 |
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| Without rent one family | 2,748 | 2,730 |
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| Rent & Utilities person | 1,560.71 | 1,597.82 |
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| Rent & Utilities family | 2,249.77 | 2,046.76 |
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| Food person | 532 | 870 |
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| Food family | 1,660 | 2,184 |
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| Transport person | 71.65 | 77.85 |
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| Transport family | 213.33 | 222.83 |
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| Life expectancy | 83.2 years | 82.81 years |
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Eating Out
| Item | Luxembourg | Iceland |
|---|
| Lunch Menu | 20.85 | 17.65 |
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| Dinner in a Restaurant, for 2 | 89.07 | 129.25 |
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| Fast food meal, equiv. McDonald's | 15.87 | 18.5 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 6.85 | 12.12 |
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| Cappuccino | 4.08 | 4.5 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 3.63 | 3.66 |
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Rent & Utilities
| Item | Luxembourg | Iceland |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 1,809.89 | 1,800.05 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 1,119.1 | 1,312.55 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 2,679.24 | 2,314.52 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 2,738.55 | 2,843.64 |
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| Utility Bill one person, electricity, heating, water, etc. | 153.52 | 44.71 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 208.8 | 67.33 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 70.43 | 76.76 |
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Transportation
| Item | Luxembourg | Iceland |
|---|
| Local transport ticket | 2.36 | 7.78 |
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| Gas / Petrol, 1 L or 0.26 gal | 2.94 | 5.47 |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 33.12 | 22.8 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 1.55 | 2.33 |
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Groceries
| Item | Luxembourg | Iceland |
|---|
| Milk, 1 L or 1 qt | 1.12 | 1.83 |
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| Bread, 0.5 kg or 1.1 lb | 3.2 | 3.36 |
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| Eggs, x12 | 4.39 | 6.58 |
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| Cheese, 1 kg or 2.2 lb | 14.9 | 14.12 |
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| Chicken Breast, 1 kg or 2.2 lb | 16.42 | 15.81 |
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| Round Steak, 1 kg or 2.2 lb | 26.98 | 40.5 |
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| Banana, 1 kg or 2.2 lb | 2.26 | 2.45 |
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| Water, 1 L or 1 qt | 0.46 | 1.36 |
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Other
| Item | Luxembourg | Iceland |
|---|
| Gym Membership, 1 month | 37.74 | 76.37 |
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| Cinema Ticket, 1 person | 12.2 | 16.72 |
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| Doctors visit | 42.95 | 93.82 |
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| Haircut, simple | 33.21 | 51.01 |
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| Brand Jeans | 81.21 | 119.07 |
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| Brand Sneakers | 115.2 | 169.8 |
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| Daycare or Preschool, 1 month | 1,155.16 | 220.27 |
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| International Primary School, 1 year | 17,287 | 6,414 |
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