Cost of living

Iceland

compared to

India

hira
Iceland
India
Cost of living one person
$2964
$425
Cost of living Family
$4846
$1245
One person rent
$959
$219
Family rent
$2730
$773
Food expenses
$870
$158
Transport expenses
$77.85
$51.64
Monthly salary after tax
$3818.15
$619.18
Quality of life
32.56
32.85
Human freedom index
10.31
5.89
Life expectancy
80.74
69.13
English speaking %
92.73%
8.6%
Population
353.6K
1.35B

The average cost of living in Iceland ($2964) is 598% more expensive than in India ($2964). Iceland ranked 4th vs 197th for India in the list of the most expensive countries in the world.

The average after-tax salary is enough to cover living expenses for 1.3 months in Iceland compared to 1.5 months in India .

Eating Out
Iceland
India
Lunch Menu
$17.65
$3.08
Dinner in a Restaurant, for 2
$129.25
$16.07
Fast food meal, equiv. McDonald's
$18.5
$3.44
Beer in a Pub, 0.5 L or 16 fl oz
$12.12
$2.47
Cappuccino
$4.5
$1.95
Pepsi / Coke, 0.5 L or 16.9 fl oz
$3.66
$0.39
Rent & Utilities
Iceland
India
1 bedroom apartment in city Center, 40 m2 or 430 ft2
$1800.05
$186.99
Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$1312.55
$104.27
3 bedroom apartment in city Center, 80 m2 or 860 ft2
$2314.52
$471.17
Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$2843.64
$259.39
Utility Bill one person, electricity, heating, water, etc.
$44.71
$31.72
Utility Bill for a Family, electricity, heating, water, etc.
$67.33
$41.45
Internet plan, 50 Mbps+ 1 month unlimited
$76.76
$8.88
Mortgage Interest Rate for 20 Years
$7.78
$7.49
Apartment price to Buy in city Center, 1 m2 or 10 ft2
$4980
$2038
House price to Buy in Suburbs, 1 m2 or 10 ft2
$4162
$1197
Transportation
Iceland
India
Local transport ticket
$5.47
$0.43
Monthly ticket local transport
$72.85
$11.15
Taxi Ride, 8 km or 5 mi
$22.8
$2.81
Gas / Petrol, 1 L or 0.26 gal
$2.33
$1.34
Groceries
Iceland
India
Milk, 1 L or 1 qt
$1.83
$0.77
Bread, 0.5 kg or 1.1 lb
$3.36
$0.49
Rice, 1 kg or 2.2 lb
$3.4
$0.62
Eggs, x12
$6.58
$1.19
Cheese, 1 kg or 2.2 lb
$14.12
$6.12
Chicken Breast, 1 kg or 2.2 lb
$15.81
$3
Round Steak, 1 kg or 2.2 lb
$40.5
$5.68
Apples, 1 kg or 2.2 lb
$3.2
$1.7
Banana, 1 kg or 2.2 lb
$2.45
$0.77
Oranges, 1 kg or 2.2 lb
$2.45
$0.95
Tomato, 1 kg or 2.2 lb
$4.57
$0.58
Potato, 1 kg or 2.2 lb
$2.88
$0.35
Onion, 1 kg or 2.2 lb
$1.63
$0.45
Water, 1 L or 1 qt
$1.36
$0.24
Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.85
$1.16
Wine (mid-priced), 750 mL bottle
$19.7
$9.81
Beer, 0.5 L or 16 fl oz
$3.94
$2.2
Cigarette pack
$12.77
$4.27
Cold medicince, 1 week
$11.31
$2.15
Hair Shampoo
$4.93
$3.47
Toilet paper, 4 rolls
$4.6
$1.91
Toothpaste, 1 tube
$2.98
$0.93
Other
Iceland
India
Gym Membership, 1 month
$76.37
$14.57
Cinema Ticket, 1 person
$16.72
$3.11
Doctor's visit
$93.82
$15.45
Haircut, simple
$51.01
$3.18
Brand Jeans
$119.07
$24.69
Brand Sneakers
$169.8
$55
Daycare or Preschool, 1 month
$220.27
$84.45
International Primary School, 1 year
$6414
$2250