Cost of living comparison
Belgium is 3.6% more expensive than Iceland overall.
- Restaurants
-
pay 4.3% less in Belgium
- Groceries
-
pay 22.4% less in Belgium
- Transportation
-
pay 16.9% less in Belgium
- Housing
-
pay 6.3% more in Belgium
- Childcare
-
pay 2.2 times more in Belgium
- Entertainment and Sports
-
pay 30.9% less in Belgium
- Clothing
-
pay 28.8% less in Belgium
The cost of childcare and housing in Belgium are more expensive than in Iceland. Expenses including entertainment and sports, clothing, groceries, transportation, and restaurants are lower in Belgium. Notably, childcare is significantly more expensive in Belgium.
If you lived in Belgium instead of Iceland, you would:
pay 4.3% less for restaurants
|
Iceland
|
Belgium
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.40
ISK2,552
|
$19.07
€17.54
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.94
ISK2,229
|
$10.84
€9.97
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.81
ISK370
|
$2.78
€2.55
|
|
| Bottle of water (11 fl. oz) |
$2.02
ISK266
|
$2.46
€2.26
|
|
pay 22.4% less for groceries
|
Iceland
|
Belgium
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.95
ISK389
|
$2.28
€2.09
|
|
| Local cheese (8 oz) |
$7.27
ISK956
|
$6.70
€6.16
|
|
| Milk (1 gallon) |
$6.01
ISK790
|
$4.44
€4.08
|
|
|
Eggs
1 dozen
|
$5.42
ISK713
|
$3.43
€3.15
|
|
| Boneless chicken breast (1 lb) |
$8.51
ISK1,119
|
$4.78
€4.39
|
|
| Apples (1 lb) |
$1.22
ISK161
|
$1.11
€1.02
|
|
| Bananas (1 lb) |
$1.03
ISK135
|
$0.89
€0.82
|
|
| Oranges (1 lb) |
$1.17
ISK154
|
$1.07
€0.99
|
|
| Tomatoes (1 lb) |
$1.87
ISK246
|
$1.16
€1.07
|
|
| Potatoes (1 lb) |
$1.23
ISK162
|
$0.83
€0.76
|
|
| Onions (1 lb) |
$0.78
ISK103
|
$0.73
€0.67
|
|
pay 16.9% less for transportation
|
Iceland
|
Belgium
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.36
ISK1,100
|
$6.91
€6.36
|
|
| Monthly public transit pass |
$71.28
ISK9,379
|
$45.41
€41.76
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$40,660.66
ISK5,350,130
|
$27,628.35
€25,404.21
|
|
| Taxi trip in downtown area (5 miles) |
$22.04
ISK2,900
|
$26.01
€23.92
|
|
pay 6.3% more for housing
|
Iceland
|
Belgium
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$72.17
ISK9,497
|
$49.35
€45.38
|
|
| 1-Bedroom apartment in downtown area |
$1,838.04
ISK241,849
|
$815.11
€749.49
|
|
| 1-Bedroom apartment outside city center |
$1,497.77
ISK197,077
|
$705.09
€648.33
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$58.01
ISK7,634
|
$154.10
€141.70
|
|
pay 2.2 times more for childcare
|
Iceland
|
Belgium
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$258.16
ISK33,969
|
$557.50
€512.62
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK788,690
|
$13,740.85
€12,634.69
|
|
pay 30.9% less for entertainment and sports
|
Iceland
|
Belgium
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.19
ISK1,209
|
$4.34
€3.99
|
|
| Cappuccino in mid-range area |
$4.65
ISK612
|
$3.51
€3.23
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.76
ISK1,547
|
$9.08
€8.35
|
|
| Monthly membership at local gym |
$61.46
ISK8,087
|
$36.02
€33.12
|
|
| Movie ticket to theater/cinema |
$14.35
ISK1,888
|
$12.48
€11.47
|
|
pay 28.8% less for clothing
|
Iceland
|
Belgium
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$111.23
ISK14,636
|
$92.82
€85.35
|
|
|
Regular dress
from H&M or similar store
|
$59.69
ISK7,854
|
$43.31
€39.82
|
|
|
Running shoes
Nike or Adidas
|
$148.00
ISK19,474
|
$90.40
€83.12
|
|
| Men's business shoes (leather) |
$184.49
ISK24,276
|
$125.11
€115.04
|
|
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