Cost of living comparison
Iceland is 18.6% more expensive than Berlin.
If you lived in Iceland instead of Berlin, you would:
pay 8.3% more for restaurants
|
Berlin
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$16.08
€15.41
|
$19.40
ISK2,699
|
|
|
Fast food combo meal
McDonalds, or similar
|
$11.79
€11.30
|
$16.94
ISK2,357
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.88
€2.76
|
$2.81
ISK391
|
|
| Bottle of water (11 fl. oz) |
$2.84
€2.72
|
$2.02
ISK281
|
|
pay 26.8% more for groceries
|
Berlin
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.96
€1.87
|
$2.95
ISK411
|
|
| Local cheese (8 oz) |
$6.66
€6.39
|
$7.27
ISK1,011
|
|
| Milk (1 gallon) |
$4.57
€4.38
|
$6.01
ISK836
|
|
|
Eggs
1 dozen
|
$3.28
€3.14
|
$5.42
ISK754
|
|
| Boneless chicken breast (1 lb) |
$5.41
€5.18
|
$8.51
ISK1,184
|
|
| Apples (1 lb) |
$1.34
€1.29
|
$1.22
ISK170
|
|
| Bananas (1 lb) |
$0.83
€0.80
|
$1.03
ISK143
|
|
| Oranges (1 lb) |
$1.00
€0.96
|
$1.17
ISK163
|
|
| Tomatoes (1 lb) |
$1.85
€1.77
|
$1.87
ISK261
|
|
| Potatoes (1 lb) |
$0.83
€0.79
|
$1.23
ISK172
|
|
| Onions (1 lb) |
$0.80
€0.76
|
$0.78
ISK109
|
|
pay 13.7% more for transportation
|
Berlin
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.19
€6.89
|
$8.36
ISK1,163
|
|
| Monthly public transit pass |
$52.52
€50.35
|
$71.28
ISK9,917
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$31,799.21
€30,488.23
|
$40,660.66
ISK5,657,118
|
|
| Taxi trip in downtown area (5 miles) |
$29.37
€28.16
|
$22.04
ISK3,066
|
|
pay 21.4% more for housing
|
Berlin
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$44.99
€43.13
|
$72.17
ISK10,042
|
|
| 1-Bedroom apartment in downtown area |
$1,278.77
€1,226.05
|
$1,838.04
ISK255,726
|
|
| 1-Bedroom apartment outside city center |
$938.86
€900.16
|
$1,497.77
ISK208,385
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$263.55
€252.68
|
$58.01
ISK8,072
|
|
pay 26.8% less for childcare
|
Berlin
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$306.98
€294.33
|
$258.16
ISK35,918
|
|
| Middle school for 1 child, two semesters |
$9,639.17
€9,241.78
|
$5,993.99
ISK833,944
|
|
pay 45.5% more for entertainment and sports
|
Berlin
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$4.29
€4.11
|
$9.19
ISK1,278
|
|
| Cappuccino in mid-range area |
$3.98
€3.82
|
$4.65
ISK647
|
|
|
Pack of cigarettes
Marlboro or similar
|
$9.11
€8.73
|
$11.76
ISK1,636
|
|
| Monthly membership at local gym |
$37.89
€36.32
|
$61.46
ISK8,551
|
|
| Movie ticket to theater/cinema |
$13.66
€13.10
|
$14.35
ISK1,996
|
|
pay 41.0% more for clothing
|
Berlin
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$85.49
€81.97
|
$111.23
ISK15,476
|
|
|
Regular dress
from H&M or similar store
|
$40.99
€39.30
|
$59.69
ISK8,305
|
|
|
Running shoes
Nike or Adidas
|
$95.49
€91.55
|
$148.00
ISK20,591
|
|
| Men's business shoes (leather) |
$138.30
€132.60
|
$184.49
ISK25,669
|
|
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