Cost of living comparison
Iceland is 6.6% cheaper than Hawaii.
- Restaurants
-
pay 5.4% less in Iceland
- Groceries
-
pay 38.7% less in Iceland
- Transportation
-
pay 20.0% more in Iceland
- Housing
-
pay 24.7% less in Iceland
- Childcare
-
pay 80.0% less in Iceland
- Entertainment and Sports
-
pay 2.2% more in Iceland
- Clothing
-
pay 80.5% more in Iceland
The cost of clothing, transportation, and entertainment and sports in Iceland are more expensive than in Hawaii. Expenses including childcare, groceries, housing, and restaurants are lower in Iceland. Notably, clothing is significantly more expensive in Iceland.
If you lived in Iceland instead of Hawaii, you would:
pay 5.4% less for restaurants
|
Hawaii
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$28.00
|
$19.40
ISK2,584
|
|
|
Fast food combo meal
McDonalds, or similar
|
$12.92
|
$16.94
ISK2,257
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.98
|
$2.81
ISK374
|
|
| Bottle of water (11 fl. oz) |
$2.42
|
$2.02
ISK269
|
|
pay 38.7% less for groceries
|
Hawaii
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$6.91
|
$2.95
ISK394
|
|
| Local cheese (8 oz) |
$9.61
|
$7.27
ISK968
|
|
| Milk (1 gallon) |
$7.22
|
$6.01
ISK800
|
|
|
Eggs
1 dozen
|
$7.30
|
$5.42
ISK722
|
|
| Boneless chicken breast (1 lb) |
$6.56
|
$8.51
ISK1,133
|
|
| Apples (1 lb) |
$3.42
|
$1.22
ISK163
|
|
| Bananas (1 lb) |
$1.41
|
$1.03
ISK137
|
|
| Oranges (1 lb) |
$3.56
|
$1.17
ISK156
|
|
| Tomatoes (1 lb) |
$3.94
|
$1.87
ISK250
|
|
| Potatoes (1 lb) |
$2.41
|
$1.23
ISK164
|
|
| Onions (1 lb) |
$2.73
|
$0.78
ISK105
|
|
pay 20.0% more for transportation
|
Hawaii
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.84
|
$8.36
ISK1,114
|
|
| Monthly public transit pass |
$90.00
|
$71.28
ISK9,494
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$34,845.32
|
$40,660.66
ISK5,416,000
|
|
| Taxi trip in downtown area (5 miles) |
$19.78
|
$22.04
ISK2,935
|
|
pay 24.7% less for housing
|
Hawaii
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$61.66
|
$72.17
ISK9,614
|
|
| 1-Bedroom apartment in downtown area |
$2,230.04
|
$1,838.04
ISK244,827
|
|
| 1-Bedroom apartment outside city center |
$1,990.71
|
$1,497.77
ISK199,503
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$218.64
|
$58.01
ISK7,728
|
|
pay 80.0% less for childcare
|
Hawaii
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,466.67
|
$258.16
ISK34,388
|
|
| Middle school for 1 child, two semesters |
$26,600.00
|
$5,993.99
ISK798,400
|
|
pay 2.2% more for entertainment and sports
|
Hawaii
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$7.10
|
$9.19
ISK1,224
|
|
| Cappuccino in mid-range area |
$7.09
|
$4.65
ISK619
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.25
|
$11.76
ISK1,566
|
|
| Monthly membership at local gym |
$52.03
|
$61.46
ISK8,186
|
|
| Movie ticket to theater/cinema |
$14.10
|
$14.35
ISK1,911
|
|
pay 80.5% more for clothing
|
Hawaii
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$51.74
|
$111.23
ISK14,816
|
|
|
Regular dress
from H&M or similar store
|
$32.83
|
$59.69
ISK7,951
|
|
|
Running shoes
Nike or Adidas
|
$88.29
|
$148.00
ISK19,713
|
|
| Men's business shoes (leather) |
$117.00
|
$184.49
ISK24,575
|
|
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