Cost of Living in
Iceland
| Cost of living | ||
|---|---|---|
| Total with rent | $2964 | $4846 |
| Without rent | $959 | $2730 |
| Rent & Utilities | $1597.82 | $2046.76 |
| Food | $870 | $2184 |
| Transport | $77.85 | $222.83 |
| Monthly salary after tax | $3818.15 | |
| Quality of life | 32.56 | |
| Human freedom index | 10.31 | |
| Life expectancy | 80.74 | |
| English speaking % | 92.73% | |
| Population | 353.6K | |
Iceland
We calculate prices for Iceland as a population-weighted mean of 0 cities. Since large cities tend to have a higher cost of living, it's
better to visit specific city pages below for more relevant information.
| Cost of living | ||
|---|---|---|
| Total with rent | $2964 | 4 / 208 |
| Without rent | $959 | 11 / 208 |
| Rent & Utilities | $1597.82 | 7 / 208 |
| Food | $870 | 3 / 208 |
| Transport | $77.85 | 74 / 208 |
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 1800.05$ |
|---|---|
| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 1312.55$ |
| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 2314.52$ |
| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 2843.64$ |
| Utility Bill one person, electricity, heating, water, etc. | 44.71$ |
| Utility Bill for a Family, electricity, heating, water, etc. | 67.33$ |
| Internet plan, 50 Mbps+ 1 month unlimited | 76.76$ |
| Mortgage Interest Rate for 20 Years | 7.78$ |
| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 4980$ |
| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 4162$ |
| Lunch Menu | 17.65$ |
|---|---|
| Dinner in a Restaurant, for 2 | 129.25$ |
| Fast food meal, equiv. McDonald's | 18.5$ |
| Beer in a Pub, 0.5 L or 16 fl oz | 12.12$ |
| Cappuccino | 4.5$ |
| Pepsi / Coke, 0.5 L or 16.9 fl oz | 3.66$ |
| Local transport ticket | 5.47$ |
|---|---|
| Monthly ticket local transport | 72.85$ |
| Taxi Ride, 8 km or 5 mi | 22.8$ |
| Gas / Petrol, 1 L or 0.26 gal | 2.33$ |
| Milk, 1 L or 1 qt | 1.83$ |
|---|---|
| Bread, 0.5 kg or 1.1 lb | 3.36$ |
| Rice, 1 kg or 2.2 lb | 3.4$ |
| Eggs, x12 | 6.58$ |
| Cheese, 1 kg or 2.2 lb | 14.12$ |
| Chicken Breast, 1 kg or 2.2 lb | 15.81$ |
| Round Steak, 1 kg or 2.2 lb | 40.5$ |
| Apples, 1 kg or 2.2 lb | 3.2$ |
| Banana, 1 kg or 2.2 lb | 2.45$ |
| Oranges, 1 kg or 2.2 lb | 2.45$ |
| Tomato, 1 kg or 2.2 lb | 4.57$ |
| Potato, 1 kg or 2.2 lb | 2.88$ |
| Onion, 1 kg or 2.2 lb | 1.63$ |
| Water, 1 L or 1 qt | 1.36$ |
| Coca-Cola / Pepsi, 2 L or 67.6 fl oz | 2.85$ |
| Wine (mid-priced), 750 mL bottle | 19.7$ |
| Beer, 0.5 L or 16 fl oz | 3.94$ |
| Cigarette pack | 12.77$ |
| Cold medicince, 1 week | 11.31$ |
| Hair Shampoo | 4.93$ |
| Toilet paper, 4 rolls | 4.6$ |
| Toothpaste, 1 tube | 2.98$ |
| Gym Membership, 1 month | 76.37$ |
|---|---|
| Cinema Ticket, 1 person | 16.72$ |
| Doctor's visit | 93.82$ |
| Haircut, simple | 51.01$ |
| Brand Jeans | 119.07$ |
| Brand Sneakers | 169.8$ |
| Daycare or Preschool, 1 month | 220.27$ |
| International Primary School, 1 year | 6414$ |
