Cost of living comparison
Iceland is 0.3% more expensive than California.
If you lived in Iceland instead of California, you would:
pay 9.2% more for restaurants
California
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$21.02
|
$19.40
ISK2,691
|
|
Fast food combo meal
McDonalds, or similar
|
$11.52
|
$16.94
ISK2,350
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.71
|
$2.81
ISK390
|
|
Bottle of water (11 fl. oz) |
$2.16
|
$2.02
ISK280
|
|
pay 6.6% less for groceries
California
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$4.14
|
$2.95
ISK410
|
|
Local cheese (8 oz) |
$6.95
|
$7.27
ISK1,008
|
|
Milk (1 gallon) |
$4.61
|
$6.01
ISK833
|
|
Eggs
1 dozen
|
$4.33
|
$5.42
ISK752
|
|
Boneless chicken breast (1 lb) |
$5.70
|
$8.51
ISK1,180
|
|
Apples (1 lb) |
$2.34
|
$1.22
ISK170
|
|
Bananas (1 lb) |
$0.92
|
$1.03
ISK142
|
|
Oranges (1 lb) |
$1.91
|
$1.17
ISK162
|
|
Tomatoes (1 lb) |
$2.38
|
$1.87
ISK260
|
|
Potatoes (1 lb) |
$1.39
|
$1.23
ISK171
|
|
Onions (1 lb) |
$1.44
|
$0.78
ISK109
|
|
pay 33.4% more for transportation
California
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.83
|
$8.36
ISK1,160
|
|
Monthly public transit pass |
$62.05
|
$71.28
ISK9,888
|
|
New Volkswagen Golf 1.4 (standard edition) |
$30,005.28
|
$40,660.66
ISK5,640,447
|
|
Taxi trip in downtown area (5 miles) |
$20.07
|
$22.04
ISK3,057
|
|
pay 27.6% less for housing
California
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$68.54
|
$72.17
ISK10,012
|
|
1-Bedroom apartment in downtown area |
$2,371.29
|
$1,838.04
ISK254,973
|
|
1-Bedroom apartment outside city center |
$2,055.18
|
$1,497.77
ISK207,771
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$171.68
|
$58.01
ISK8,048
|
|
pay 82.7% less for childcare
California
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$1,682.51
|
$258.16
ISK35,813
|
|
Middle school for 1 child, two semesters |
$30,905.75
|
$5,993.99
ISK831,487
|
|
pay 3.7% more for entertainment and sports
California
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$7.00
|
$9.19
ISK1,275
|
|
Cappuccino in mid-range area |
$5.34
|
$4.65
ISK645
|
|
Pack of cigarettes
Marlboro or similar
|
$10.91
|
$11.76
ISK1,631
|
|
Monthly membership at local gym |
$66.35
|
$61.46
ISK8,526
|
|
Movie ticket to theater/cinema |
$14.41
|
$14.35
ISK1,990
|
|
pay 72.7% more for clothing
California
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$52.77
|
$111.23
ISK15,430
|
|
Regular dress
from H&M or similar store
|
$40.15
|
$59.69
ISK8,280
|
|
Running shoes
Nike or Adidas
|
$85.15
|
$148.00
ISK20,530
|
|
Men's business shoes (leather) |
$117.31
|
$184.49
ISK25,593
|
|
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