Cost of living comparison
Denmark is 5.4% more expensive than Iceland.
If you lived in Denmark instead of Iceland, you would:
pay 12.8% more for restaurants
|
Iceland
|
Denmark
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.51
ISK2,682
|
$20.33
DKK139.95
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.45
ISK2,261
|
$12.43
DKK85.58
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.70
ISK372
|
$3.60
DKK24.80
|
|
| Bottle of water (11 fl. oz) |
$1.95
ISK269
|
$2.70
DKK18.59
|
|
pay 0.8% less for groceries
|
Iceland
|
Denmark
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.16
ISK434
|
$2.82
DKK19.43
|
|
| Local cheese (8 oz) |
$6.72
ISK923
|
$5.62
DKK38.72
|
|
| Milk (1 gallon) |
$6.27
ISK862
|
$7.34
DKK50.55
|
|
|
Eggs
1 dozen
|
$6.03
ISK829
|
$4.30
DKK29.60
|
|
| Boneless chicken breast (1 lb) |
$7.60
ISK1,045
|
$4.87
DKK33.55
|
|
| Apples (1 lb) |
$1.13
ISK155
|
$1.28
DKK8.80
|
|
| Bananas (1 lb) |
$1.01
ISK139
|
$1.35
DKK9.27
|
|
| Oranges (1 lb) |
$1.15
ISK159
|
$1.40
DKK9.62
|
|
| Tomatoes (1 lb) |
$1.71
ISK235
|
$1.87
DKK12.87
|
|
| Potatoes (1 lb) |
$1.13
ISK155
|
$0.87
DKK5.99
|
|
| Onions (1 lb) |
$0.68
ISK94
|
$0.76
DKK5.22
|
|
pay 5.8% more for transportation
|
Iceland
|
Denmark
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.42
ISK1,157
|
$7.79
DKK53.61
|
|
| Monthly public transit pass |
$68.29
ISK9,387
|
$81.04
DKK557.93
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$39,714.69
ISK5,458,784
|
$42,527.90
DKK292,774.80
|
|
| Taxi trip in downtown area (5 miles) |
$23.23
ISK3,193
|
$24.34
DKK167.55
|
|
pay 1.4% more for housing
|
Iceland
|
Denmark
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$74.47
ISK10,236
|
$33.82
DKK232.84
|
|
| 1-Bedroom apartment in downtown area |
$1,518.94
ISK208,778
|
$983.28
DKK6,769.17
|
|
| 1-Bedroom apartment outside city center |
$1,325.48
ISK182,187
|
$707.32
DKK4,869.41
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$66.99
ISK9,208
|
$162.10
DKK1,115.95
|
|
pay 50.0% more for childcare
|
Iceland
|
Denmark
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$254.97
ISK35,045
|
$478.97
DKK3,297.39
|
|
| Middle school for 1 child, two semesters |
$5,993.83
ISK823,851
|
$6,720.13
DKK46,263.39
|
|
pay 7.8% less for entertainment and sports
|
Iceland
|
Denmark
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.37
ISK1,288
|
$7.38
DKK50.84
|
|
| Cappuccino in mid-range area |
$4.61
ISK634
|
$5.48
DKK37.72
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.22
ISK1,542
|
$8.73
DKK60.08
|
|
| Monthly membership at local gym |
$60.00
ISK8,247
|
$38.46
DKK264.76
|
|
| Movie ticket to theater/cinema |
$13.94
ISK1,916
|
$16.97
DKK116.84
|
|
pay 23.6% less for clothing
|
Iceland
|
Denmark
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$108.23
ISK14,877
|
$92.71
DKK638.22
|
|
|
Regular dress
from H&M or similar store
|
$59.73
ISK8,210
|
$37.82
DKK260.38
|
|
|
Running shoes
Nike or Adidas
|
$146.94
ISK20,197
|
$103.89
DKK715.20
|
|
| Men's business shoes (leather) |
$169.24
ISK23,262
|
$145.14
DKK999.16
|
|
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