Cost of living comparison
Denmark is 6.4% more expensive than Iceland.
If you lived in Denmark instead of Iceland, you would:
pay 9.5% more for restaurants
|
Iceland
|
Denmark
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.40
ISK2,670
|
$21.56
DKK152.61
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.94
ISK2,332
|
$12.58
DKK89.02
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.81
ISK387
|
$3.50
DKK24.74
|
|
| Bottle of water (11 fl. oz) |
$2.02
ISK278
|
$2.59
DKK18.36
|
|
pay 3.7% less for groceries
|
Iceland
|
Denmark
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.95
ISK407
|
$2.91
DKK20.60
|
|
| Local cheese (8 oz) |
$7.27
ISK1,000
|
$5.83
DKK41.28
|
|
| Milk (1 gallon) |
$6.01
ISK827
|
$7.22
DKK51.10
|
|
|
Eggs
1 dozen
|
$5.42
ISK746
|
$4.38
DKK31.00
|
|
| Boneless chicken breast (1 lb) |
$8.51
ISK1,171
|
$4.74
DKK33.55
|
|
| Apples (1 lb) |
$1.22
ISK168
|
$1.28
DKK9.04
|
|
| Bananas (1 lb) |
$1.03
ISK141
|
$1.34
DKK9.48
|
|
| Oranges (1 lb) |
$1.17
ISK161
|
$1.37
DKK9.69
|
|
| Tomatoes (1 lb) |
$1.87
ISK258
|
$1.88
DKK13.33
|
|
| Potatoes (1 lb) |
$1.23
ISK170
|
$0.90
DKK6.38
|
|
| Onions (1 lb) |
$0.78
ISK108
|
$0.77
DKK5.47
|
|
pay 6.4% more for transportation
|
Iceland
|
Denmark
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.36
ISK1,151
|
$7.68
DKK54.33
|
|
| Monthly public transit pass |
$71.28
ISK9,812
|
$82.44
DKK583.51
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$40,660.66
ISK5,596,940
|
$45,047.14
DKK318,843.68
|
|
| Taxi trip in downtown area (5 miles) |
$22.04
ISK3,033
|
$23.62
DKK167.16
|
|
pay 5.0% more for housing
|
Iceland
|
Denmark
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$72.17
ISK9,935
|
$33.71
DKK238.60
|
|
| 1-Bedroom apartment in downtown area |
$1,838.04
ISK253,006
|
$967.90
DKK6,850.80
|
|
| 1-Bedroom apartment outside city center |
$1,497.77
ISK206,168
|
$743.77
DKK5,264.44
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$58.01
ISK7,986
|
$157.10
DKK1,111.95
|
|
pay 60.7% more for childcare
|
Iceland
|
Denmark
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$258.16
ISK35,536
|
$519.88
DKK3,679.71
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK825,073
|
$7,190.53
DKK50,894.60
|
|
pay 9.2% less for entertainment and sports
|
Iceland
|
Denmark
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.19
ISK1,265
|
$7.44
DKK52.69
|
|
| Cappuccino in mid-range area |
$4.65
ISK640
|
$5.51
DKK38.99
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.76
ISK1,618
|
$8.74
DKK61.86
|
|
| Monthly membership at local gym |
$61.46
ISK8,460
|
$38.95
DKK275.66
|
|
| Movie ticket to theater/cinema |
$14.35
ISK1,975
|
$16.76
DKK118.61
|
|
pay 23.9% less for clothing
|
Iceland
|
Denmark
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$111.23
ISK15,311
|
$93.72
DKK663.33
|
|
|
Regular dress
from H&M or similar store
|
$59.69
ISK8,216
|
$38.81
DKK274.68
|
|
|
Running shoes
Nike or Adidas
|
$148.00
ISK20,372
|
$105.07
DKK743.71
|
|
| Men's business shoes (leather) |
$184.49
ISK25,396
|
$155.42
DKK1,100.04
|
|
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