Cost of living comparison

Iceland

compared to

Azerbaijan

Azerbaijan vs. Iceland Cost of Living Summary

Azerbaijan is 58.7% cheaper than Iceland overall.

Restaurants: pay 71.7% less in Azerbaijan
Groceries: pay 62.5% less in Azerbaijan
Transportation: pay 70.5% less in Azerbaijan
Housing: pay 72.0% less in Azerbaijan
Childcare: pay 30.3% less in Azerbaijan
Entertainment and Sports: pay 60.5% less in Azerbaijan
Clothing: pay 43.1% less in Azerbaijan

Expenses including housing, restaurants, transportation, groceries, entertainment and sports, and clothing are lower in Azerbaijan.

Azerbaijan vs. Iceland Cost Breakdown

If you lived in Azerbaijan instead of Iceland, you would:

Display currency: USD

pay 71.7% less for restaurants

	Iceland	Azerbaijan
Basic meal with drink at inexpensive restaurant	$19.40 ISK2,534	$7.16 AZN12.17	-63.1%
Fast food combo meal McDonalds, or similar	$16.94 ISK2,213	$6.08 AZN10.33	-64.1%
Bottle of Coca-Cola (11 fl. oz)	$2.81 ISK367	$0.68 AZN1.15	-75.9%
Bottle of water (11 fl. oz)	$2.02 ISK264	$0.33 AZN0.56	-83.8%
Average			-71.7%

Iceland vs. Azerbaijan - Cost of restaurants

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pay 62.5% less for groceries

	Iceland	Azerbaijan
Bread 1 loaf	$2.95 ISK386	$0.37 AZN0.64	-87.3%
Local cheese (8 oz)	$7.27 ISK949	$2.25 AZN3.82	-69.1%
Milk (1 gallon)	$6.01 ISK784	$4.99 AZN8.49	-16.9%
Eggs 1 dozen	$5.42 ISK708	$1.27 AZN2.16	-76.5%
Boneless chicken breast (1 lb)	$8.51 ISK1,111	$1.86 AZN3.17	-78.1%
Apples (1 lb)	$1.22 ISK160	$0.38 AZN0.65	-68.6%
Bananas (1 lb)	$1.03 ISK134	$0.74 AZN1.25	-28.1%
Oranges (1 lb)	$1.17 ISK153	$0.60 AZN1.03	-48.4%
Tomatoes (1 lb)	$1.87 ISK245	$0.76 AZN1.29	-59.5%
Potatoes (1 lb)	$1.23 ISK161	$0.25 AZN0.43	-79.4%
Onions (1 lb)	$0.78 ISK102	$0.19 AZN0.32	-76.1%
Average			-62.5%

Iceland vs. Azerbaijan - Cost of groceries

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pay 70.5% less for transportation

	Iceland	Azerbaijan
Gasoline (1 gallon)	$8.36 ISK1,092	$2.29 AZN3.89	-72.7%
Monthly public transit pass	$71.28 ISK9,310	$13.53 AZN23.00	-81.0%
New Volkswagen Golf 1.4 (standard edition)	$40,660.66 ISK5,310,689	$20,196.08 AZN34,333.33	-50.3%
Taxi trip in downtown area (5 miles)	$22.04 ISK2,878	$4.90 AZN8.32	-77.8%
Average			-70.5%

Iceland vs. Azerbaijan - Cost of transportation

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pay 72.0% less for housing

	Iceland	Azerbaijan
Internet connection 50 mbps or faster, cable/dsl	$72.17 ISK9,427	$12.53 AZN21.30	-82.6%
1-Bedroom apartment in downtown area	$1,838.04 ISK240,066	$303.97 AZN516.74	-83.5%
1-Bedroom apartment outside city center	$1,497.77 ISK195,624	$222.12 AZN377.60	-85.2%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$58.01 ISK7,577	$36.77 AZN62.51	-36.6%
Average			-72.0%

Iceland vs. Azerbaijan - Cost of housing

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pay 30.3% less for childcare

	Iceland	Azerbaijan
Private preschool for 1 child, monthly	$258.16 ISK33,719	$169.65 AZN288.40	-34.3%
Middle school for 1 child, two semesters	$5,993.99 ISK782,876	$4,419.31 AZN7,512.82	-26.3%
Average			-30.3%

Iceland vs. Azerbaijan - Cost of childcare

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pay 60.5% less for entertainment and sports

	Iceland	Azerbaijan
Domestic/local beer (1 pint)	$9.19 ISK1,200	$1.32 AZN2.25	-85.6%
Cappuccino in mid-range area	$4.65 ISK607	$2.74 AZN4.65	-41.1%
Pack of cigarettes Marlboro or similar	$11.76 ISK1,535	$3.53 AZN6.00	-70.0%
Monthly membership at local gym	$61.46 ISK8,027	$32.62 AZN55.45	-46.9%
Movie ticket to theater/cinema	$14.35 ISK1,874	$5.88 AZN10.00	-59.0%
Average			-60.5%

Iceland vs. Azerbaijan - Cost of entertainment and sports

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pay 43.1% less for clothing

	Iceland	Azerbaijan
Regular jeans Levi's brand	$111.23 ISK14,528	$51.10 AZN86.87	-54.1%
Regular dress from H&M or similar store	$59.69 ISK7,796	$42.64 AZN72.49	-28.6%
Running shoes Nike or Adidas	$148.00 ISK19,330	$102.53 AZN174.29	-30.7%
Men's business shoes (leather)	$184.49 ISK24,097	$75.92 AZN129.06	-58.9%
Average			-43.1%

Iceland vs. Azerbaijan - Cost of clothing

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: May 2025

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