Cost of living comparison
Iceland is 10.1% more expensive than Austin.
- Restaurants
-
pay 19.0% more in Iceland
- Groceries
-
pay 11.8% more in Iceland
- Transportation
-
pay 70.8% more in Iceland
- Housing
-
pay 18.6% less in Iceland
- Childcare
-
pay 77.3% less in Iceland
- Entertainment and Sports
-
pay 17.3% more in Iceland
- Clothing
-
pay 47.6% more in Iceland
The cost of transportation, clothing, restaurants, entertainment and sports, and groceries in Iceland are more expensive than in Austin. Expenses including childcare and housing are lower in Iceland.
If you lived in Iceland instead of Austin, you would:
pay 19.0% more for restaurants
|
Austin
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$18.00
|
$19.40
ISK2,711
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.00
|
$16.94
ISK2,368
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.62
|
$2.81
ISK393
|
|
| Bottle of water (11 fl. oz) |
$2.21
|
$2.02
ISK283
|
|
pay 11.8% more for groceries
|
Austin
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.60
|
$2.95
ISK413
|
|
| Local cheese (8 oz) |
$6.37
|
$7.27
ISK1,016
|
|
| Milk (1 gallon) |
$3.94
|
$6.01
ISK840
|
|
|
Eggs
1 dozen
|
$3.37
|
$5.42
ISK757
|
|
| Boneless chicken breast (1 lb) |
$4.71
|
$8.51
ISK1,189
|
|
| Apples (1 lb) |
$2.33
|
$1.22
ISK171
|
|
| Bananas (1 lb) |
$0.69
|
$1.03
ISK143
|
|
| Oranges (1 lb) |
$1.94
|
$1.17
ISK164
|
|
| Tomatoes (1 lb) |
$1.61
|
$1.87
ISK262
|
|
| Potatoes (1 lb) |
$1.25
|
$1.23
ISK173
|
|
| Onions (1 lb) |
$1.25
|
$0.78
ISK110
|
|
pay 70.8% more for transportation
|
Austin
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.04
|
$8.36
ISK1,169
|
|
| Monthly public transit pass |
$45.00
|
$71.28
ISK9,963
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$35,000.00
|
$40,660.66
ISK5,683,547
|
|
| Taxi trip in downtown area (5 miles) |
$16.55
|
$22.04
ISK3,080
|
|
pay 18.6% less for housing
|
Austin
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$70.43
|
$72.17
ISK10,089
|
|
| 1-Bedroom apartment in downtown area |
$2,280.66
|
$1,838.04
ISK256,921
|
|
| 1-Bedroom apartment outside city center |
$1,508.91
|
$1,497.77
ISK209,358
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$134.36
|
$58.01
ISK8,109
|
|
pay 77.3% less for childcare
|
Austin
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,465.00
|
$258.16
ISK36,086
|
|
| Middle school for 1 child, two semesters |
$21,625.00
|
$5,993.99
ISK837,840
|
|
pay 17.3% more for entertainment and sports
|
Austin
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$6.00
|
$9.19
ISK1,284
|
|
| Cappuccino in mid-range area |
$5.31
|
$4.65
ISK650
|
|
|
Pack of cigarettes
Marlboro or similar
|
$9.00
|
$11.76
ISK1,643
|
|
| Monthly membership at local gym |
$54.50
|
$61.46
ISK8,591
|
|
| Movie ticket to theater/cinema |
$14.00
|
$14.35
ISK2,006
|
|
pay 47.6% more for clothing
|
Austin
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$63.62
|
$111.23
ISK15,548
|
|
|
Regular dress
from H&M or similar store
|
$52.38
|
$59.69
ISK8,343
|
|
|
Running shoes
Nike or Adidas
|
$89.78
|
$148.00
ISK20,687
|
|
| Men's business shoes (leather) |
$134.79
|
$184.49
ISK25,789
|
|
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