Cost of living
Switzerland compared to Iceland
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Overview comparison
SwitzerlandIceland
Consumer prices in Switzerland are roughly 47% higher than in Iceland.
Cost of living
| Item | Switzerland | Iceland |
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| Total with rent one person | 2,667 | 2,964 |
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| Total with rent family | 8,186 | 4,846 |
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| Without rent one person | 1,338 | 959 |
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| Without rent one family | 4,789 | 2,730 |
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| Rent & Utilities person | 1,551.02 | 1,597.82 |
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| Rent & Utilities family | 3,188.1 | 2,046.76 |
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| Food person | 881 | 870 |
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| Food family | 2,478 | 2,184 |
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| Transport person | 127.32 | 77.85 |
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| Transport family | 361.24 | 222.83 |
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| Life expectancy | 90.29 years | 80.74 years |
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Eating Out
| Item | Switzerland | Iceland |
|---|
| Lunch Menu | 26.14 | 17.65 |
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| Dinner in a Restaurant, for 2 | 107.92 | 129.25 |
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| Fast food meal, equiv. McDonald's | 13.78 | 18.5 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 7.35 | 12.12 |
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| Cappuccino | 5.21 | 4.5 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 5.96 | 3.66 |
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Rent & Utilities
| Item | Switzerland | Iceland |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 1,377.44 | 1,800.05 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 1,417.16 | 1,312.55 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 3,892.98 | 2,314.52 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 2,913.11 | 2,843.64 |
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| Utility Bill one person, electricity, heating, water, etc. | 168.86 | 44.71 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 270.03 | 67.33 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 61.87 | 76.76 |
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Transportation
| Item | Switzerland | Iceland |
|---|
| Local transport ticket | 2.21 | 7.78 |
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| Monthly ticket local transport | 15,752 | 4,980 |
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| Taxi Ride, 8 km or 5 mi | 7,559 | 4,162 |
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| Gas / Petrol, 1 L or 0.26 gal | 4.08 | 5.47 |
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| Mortgage Interest Rate for 20 Years | 95.43% | 72.85% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 36.2 | 22.8 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 1.95 | 2.33 |
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Groceries
| Item | Switzerland | Iceland |
|---|
| Milk, 1 L or 1 qt | 2.07 | 1.83 |
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| Bread, 0.5 kg or 1.1 lb | 3.78 | 3.36 |
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| Eggs, x12 | 8.7 | 6.58 |
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| Cheese, 1 kg or 2.2 lb | 6.56 | 14.12 |
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| Chicken Breast, 1 kg or 2.2 lb | 24.31 | 15.81 |
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| Round Steak, 1 kg or 2.2 lb | 44.43 | 40.5 |
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| Banana, 1 kg or 2.2 lb | 2.74 | 2.45 |
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| Water, 1 L or 1 qt | 0.8 | 1.36 |
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Other
| Item | Switzerland | Iceland |
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| Gym Membership, 1 month | 97.66 | 76.37 |
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| Cinema Ticket, 1 person | 22.24 | 16.72 |
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| Doctors visit | 140.57 | 93.82 |
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| Haircut, simple | 39.7 | 51.01 |
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| Brand Jeans | 109.13 | 119.07 |
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| Brand Sneakers | 146.93 | 169.8 |
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| Daycare or Preschool, 1 month | 2,339.13 | 220.27 |
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| International Primary School, 1 year | 17,495 | 6,414 |
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